Global aircraft MRO market to close in on $50 billion in 2012
Farmington, CT -- A new report on the Aircraft Maintenance, Repair and Overhaul (MRO) has been released by Visiongain. It has determined that the value of the global commercial aircraft MRO market in 2012 will reach US$48.8 billion.
Farmington, CT — A new report on the Aircraft Maintenance, Repair and Overhaul (MRO) has been released by Visiongain. It has determined that the value of the global commercial aircraft MRO market in 2012 will reach US$48.8 billion.
Aircraft maintenance, repair and overhaul (MRO) has evolved to become a key market within the aviation industry. After a number of years of slow growth, this MRO market is showing encouraging signs of recovery, fuelled by the introduction of a multitude of new aircraft.
The report’s Commercial Aircraft Maintenance, Repair and Overhaul market forecast for 2012-2022 concludes that Central Asia, the Middle East and South America will provide a variety of opportunities for MRO business. International providers will attempt to gain footholds in these respective markets by adopting strategies to include joint ventures and consolidation practices.
Given the importance of aircraft safety, MRO maintenance has evolved to become a key market within the aviation industry. Visiongain expects that the market will become increasingly competitive as OEM’s continue to expand with after sale services and more providers emerge from within developing markets. On the other hand, the continued demand for air travel provides MRO’s with ample opportunities with the introduction of a multitude of new aircraft.
The global commercial aircraft MRO market is showing encouraging signs of recovery after a number of years of slow growth. The more mature markets of North America and Western Europe will continue to have a strong influence.
The report contains 81 tables, charts and graphs that add visual analysis in order to explain developing trends within the commercial aircraft MRO market. Visiongain provides forecasts for the period 2012-2022 in terms of value (US$) for the global commercial aircraft MRO market, as well as for four submarkets of the commercial aircraft MRO market (Engine, HMV/MODs, Airframe Maintenance and Component). In addition, eight regional commercial aircraft MRO markets are forecast and analyzed by Visiongain over the period 2012-2022. The report also provides profiles of 33 companies operating within the market, and includes two interviews with commercial aircraft MRO companies, providing expert insight alongside the Visiongain analysis.
This report consists of 123 pages and the price starts from US$2,642. An Executive Summary for this report and a free sample of the full document are available at http://www.giiresearch.com/report/kt240090-commercial-aircraft-maintenance-repair-overhaul.html