Aircraft Line Maintenance Market Research Report Information - Global Forecast to 2025

Aircraft Line Maintenance Market Research
Report By Forecast To 2021
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2021
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Aircraft Line Maintenance Market Research Report - Forecast to 2021
Global Aircraft Line Maintenance Market by Aircraft Type (Wide body Aircraft, Narrow body Aircraft, and
Regional Jet), by Geography - Forecast To 2021
The global aircraft line maintenance market is growing with the rapid pace. According to a recent study report published by
the Market Research Future, The global market of aircraft line maintenance will grow at a rapid pace over the forecast
period. The market is forecasted to witness slow but steady growth by 2021, which will be a surplus growth at a moderate
CAGR during the projected period (2016 -2021).
The high demand for aircraft line maintenances is due to the growth in the aircraft MRO services. Many new aircraft line
maintenance centres have been setup in numerous countries in recent years. This increases the participation of regional
companies in the field of aircraft line maintenance market. Moreover, the growing international trade between countries
have increased frequencies of cargo planes. Thus, it is essential to conduct timely checks or repairs of airplanes to ensure
efficient performance and safe air travel. Rapid fleet expansion are estimated to gain higher popularity during the forecast
period. The growing initiatives towards aircraft safety enhance the growth of the aircraft line maintenance market.
However, the scarcity of skilled manpower, complexity in technical documentation procedures, and supervision of line
maintenance acts as a barrier for the growth of aircraft line maintenance market.
The aircraft line maintenance market is completely dependent on the aircraft fleet management. Thus, the increasing or
decreasing demand of the aircraft fleet directly has an impact on the market. Moreover, the increase in the sales of aircraft
has mainly been because of competitive and diverse options available for finance. Another factor responsible for the
increase in aircraft fleet management is increased focus of OEM on aircraft line maintenance and rapid aircraft fleet
expansion. This is the primary factor that drives the growth of the aircraft line maintenance market and has gained
prevalence in the recent times, with usage of best in class technologies in aircraft. Thus, the growth of the aircraft line
maintenance market is expected to go hand in hand with the growth of aircraft industry.
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Aircraft Line Maintenance Market Research Report - Forecast to 2021
The expansion of the commercial and military aircraft fleets, which has resulted in the development of a set of aircraft line
maintenance market. The increase focus of OEMs on aircraft line maintenance will lead to an increase in use of commercial
aircraft, due to which there will be growth in aircraft line maintenance market. The expansion of the existing commercial
and military aircraft fleets along with the launch of new airlines, would result in increased aircraft line maintenance the
forthcoming years. Hence, it is expected that the rapid fleet expansion would eventually drive the aircraft line maintenance
market. Moreover, it is expected that the retirement of maintenance-intensive aircraft and the introduction of new
generation aircraft, will lower the man-hours per maintenance visit.
Aircraft line maintenance is gaining acceptance as performance-based logistics contracts are gaining popularity in the
aviation field. Airline companies, across the globe, are extensively outsourcing the maintenance and logistics support
contracts of their respective aircraft. This enables faster response to crisis situations and adaptation to the dynamic
technological advances in the industry. Such cut throat competition in the aircraft industry requires massive investments at
a regular basis, thus the high capital investment in the aircraft line maintenance market is expected to act as a hurdle in the
growth of the market.
Industry/ Innovation/ Related News:
February, 2018 - SIA Engineering Company Limited (‘SIAEC’) and GE Aviation (‘GE’) announced that it signed a joint venture
agreement to form an engine overhaul joint venture based in Singapore.
December, 2017 – Monarch aircraft engineering limited (MAEL), signed a new base maintenance agreement with La
Compagnie.
December, 2015 – Delta TechOps signed a long-term maintenance contract with Virgin Australia to perform maintenance,
repair and overhaul services for Virgin Australia’s fleet of CFM56-7B engines.
September, 2014 – British Airways line maintenance had won the contract to provide technical handling for Qatar Airways’
787 flights in Edinburgh.
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Aircraft Line Maintenance Market Research Report - Forecast to 2021
Global Aircraft Line Maintenance Market ($ billion), 2016-2021
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Aircraft Line Maintenance Market Research Report - Forecast to 2021
Aircraft Line Maintenance Market – Segmentation
The Global Aircraft line maintenance Market is segmented in to 3 key dynamics for the convenience of the report and
enhanced understanding;
Segmentation by Aircraft Type : Comprises Wide body aircraft, Narrow body aircraft and Regional jet
Segmentation by Platform : Comprises Commercial Aviation, Military Aviation and Business Aviation
Segmentation by Regions : Comprises Geographical regions - North America, Europe, Asia-Pacific, Middle East & Africa and
South America.
Aircraft Line Maintenance Market: Regional Analysis
European market is dominating the market of aircraft line maintenance market due to growth in commercial and military
aircrafts. The market in the developing countries is largely driven by growing demand for maintenance services, which helps
in growth of aircraft line maintenance market.
Asia Pacific is referred to as the second-largest aircraft line maintenances market due to factors such as maximum air traffic
and better demand for maintenance services have fuelled the demand for aircraft line maintenance market.
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Aircraft Line Maintenance Market Research Report - Forecast to 2021
Market Segmentation of Global Aircraft Line Maintenance Market
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Aircraft Line Maintenance Market Research Report - Forecast to 2021
Key Players
Some of the key players in the Global Aircraft Line Maintenance Market are Delta TechOps, Lufthansa Technik, Monarch
Aircraft Engineering, SIA Engineering Company, SR Technics, British Airways Engineering, Hong Long Aircraft Engineering,
TAP Maintenance & Engineering, and Turkish Technic.
The market report for Global Aircraft Line Maintenance Market of Market Research Future comprises of 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 economical 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.
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Global Aircraft Line Maintenance Market: Information by Service (Component Replacement & Rigging Service, Engine & APU Service, Line Station Setup & Management Service, Defect Rectification Service, and Aircraft on Ground (AOG) Service), Type (Transit Checks and Routine Checks), Technology (Traditional Line Maintenance and Digital Line Maintenance), Application (Commercial Aviation, Military Aviation, and Business and General Aviation), and Region—Forecast till 2025