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Wide Body Aircraft MRO Market

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Global Wide-body Aircraft MRO Market by MRO Type (Airframes and Modification, Components, Engines and Line Maintenance), By Platform (Military and Commercial), and Region – Global Forecast to 2023.
Wide Body Aircraft MRO Market Research
Report By Forecast To 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Wide Body Aircraft MRO Market Research Report - Forecast to 2023
Global Wide-body Aircraft MRO Market by MRO Type (Airframes and Modification, Components, Engines
and Line Maintenance), By Platform (Military and Commercial), and Region – Global Forecast to 2023.
Aircraft Maintenance, Repair, Overhaul (MRO) is crucial for sustaining the lifespan of wide-body aircraft. It consists of
maintenances, overhauls, routine checks, repairs, and modifications disbursed on wide-body aircraft and their elements.
MRO services assure the crashworthiness of an aircraft. However, there are some shortcomings in the global wide-body
aircraft MRO market, such as government regulations, aircraft retirement, and environmental hazards.
The global wide-body aircraft MRO market comprises of the maintenance and repair of wide-body aircraft components,
engines and air fins. Moreover, the aerospace industries are early adopters of emerging market trends in maintenance
service, which has led to the development of aircraft MRO system. The rise in popularity of MRO outsourcing and ITenabled MRO is estimated to drive the market during the forecast period.
The factors that are responsible for the growth of the global wide-body aircraft MRO market are older fleets and focus of
OEM on engine and aircraft MRO. Other key drivers expected to contribute towards the growth of wide-bodythe market are
growth in growing fleet size of airlines.
The global wide-body aircraft MRO market is segmented based on MRO type, platform, and region. On the basis of MRO
types, the engine MRO is widely used and captures the majority of global wide-body aircraft MRO market due to need for
proper maintenance of engines and engine components. On the basis of platform, the commercial segment is estimated to
grow at the highest CAGR during the forecast period.
The Wide Body Aircraft MRO Market is segmented based on North America, Asia Pacific, Europe, Middle East & Africa, and
South America. Asia Pacific region is expected to dominate the market in future due to the growth in air traffic in the
international long-haul routes. North America is second to Asia Pacific in the global wide-body aircraft MRO aircraft market
due to the presence of major MRO service providers, such as Airbus and Honeywell.
Thus, the global wide-body aircraft MRO market is estimated to grow at approximately 4.5% CAGR during the forecast
period of 2017-2023.
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Wide Body Aircraft MRO Market Research Report - Forecast to 2023
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Wide Body Aircraft MRO Market Research Report - Forecast to 2023
Key Players
The key players in the global wide-body aircraft MRO market are GE Aviation (U.S.), Honeywell Aerospace (U.S.), Lufthansa
Technik (Germany), Pratt & Whitney (U.S.), Rolls-Royce (U.S.), Abu Dhabi Aircraft Technologies (UAE), Air France Industries
KLM Engineering and Maintenance (France), MTU Aero Engines (German), and Singapore Technologies Aerospace
(Singapore).
The report for Global Wide-body Aircraft MRO Market of Market Research Future comprises extensive primary research
along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion
leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current
market scenario which includes historical and projected market size in terms of value and volume, technological
advancement, macro economic and governing factors in the market. The report provides details information and strategies
of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Browse Report @ https://www.marketresearchfuture.com/reports/wide-body-aircraft-mro-market-1576
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Author
Monica Nerkar
Monica Nerkar277   documents Email
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