Commercial and Military Aircraft MRO Market, Service-life extension of military aircraft to boost market growth, Evolving Opportunities with A J Walter Aviation Ltd. and AAR Corp. – Technavio


NEW YORK, July 22, 2022 /PRNewswire/ — The Commercial and Military Aircraft MRO Market size is expected to grow by USD 20.88 million, at a CAGR of 3.13% during the forecast period. The commercial and military aircraft MRO market vendors covered in this market study include A J Walter Aviation Ltd., AAR Corp., Airbus SE, Avia Solutions Group PLC, Aviation Technical Services Inc., Barnes Group Inc., Delta Air Lines Inc., Deutsche Lufthansa AG, Elbit Systems Ltd., General Electric Co., Israel Aerospace Industries Ltd., Lockheed Martin Corp., StandardAero Aviation, Thales Group, The Boeing Co., and Turkish Technic Inc. among others. Request for Sample Report.

The commercial and military aircraft MRO market has been broadly categorized into the following demographic segmentations: 

  • Sector – Military aircraft MRO and commercial aircraft MRO
    • The military aircraft MRO segment will significantly increase its market share in both commercial and military aircraft MRO. In the upcoming years, the market expansion is anticipated to be fueled by an increase in joint ventures (JVs), mergers and acquisitions (M&A), and collaborations between MRO service providers and the defense sector.
  • Geography – APAC, North America, Europe, Middle East, Africa, and South America
    • APAC will account for 34% of market growth. The main markets in APAC for commercial and military aircraft MRO are China, India, and Russia. This region’s market will expand more quickly than those in other areas. 
    • Commercial and military aircraft MRO market growth in APAC will be facilitated over the projected period by the large rise in expenditure to modernize the sizable fleet of current military aircraft and military aircraft upgrade programs in nations like Indonesia, Thailand, and South Korea.

Read the 120-page report with TOC on “Commercial and Military Aircraft MRO Market Analysis Report by Geography (APAC, North America, Europe, Middle East, and Africa, and South America), and the Segment Forecasts,2022-2026″. Buy Sample Report.

Major Five Commercial and Military Aircraft MRO Companies:

  • A J Walter Aviation Ltd.- The company offers bilirubin blood test kits for quantification of direct bilirubin in using Alinity systems.
  • AAR Corp.- The company offers products such as osmometers, single cell ceder, dairy testing, reagents, and controls.
  • Airbus SE-The company offers a bilirubin blood test such as a bilirubin meter under the brand name UNISTAT, for reliable STAT analysis of transcutaneous and serum bilirubin.
  • Delta Air Lines Inc.- The company offers bilirubin blood test kits and reagents for the quantitative determination of total bilirubin in human serum and plasma on Beckman Coulter AU analyzers.
  • Elbit Systems Ltd.- The company offers bilirubin blood tests such as phototherapy lights And bilirubin meter devices for early detection of bilirubin and the treatment of neonatal hyperbilirubinemia.

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Commercial and Military Aircraft MRO Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.13%

Market growth 2022-2026

$ 20.88 million

Market structure

Fragmented

YoY growth (%)

2.58

Regional analysis

APAC, North America, Europe, Middle East, and Africa, and South America

Performing market contribution

APAC at 34%

Key consumer countries

US, China, India, Russia, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

A J Walter Aviation Ltd., AAR Corp., Airbus SE, Avia Solutions Group PLC, Aviation Technical Services Inc., Barnes Group Inc., Delta Air Lines Inc., Deutsche Lufthansa AG, Elbit Systems Ltd., General Electric Co., Israel Aerospace Industries Ltd., Lockheed Martin Corp., MRO Holdings, MTU Aero Engines AG, Raytheon Technologies Corp., Rolls-Royce Holdings Plc, Safran SA, Singapore Airlines Ltd., Singapore Technologies Engineering Ltd., SR Technics Switzerland Ltd., StandardAero Aviation, Thales Group, The Boeing Co., and Turkish Technic Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Sector
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis – Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Sector

  • 5.1 Market segments
    • Exhibit 24: Chart on Sector – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Sector – Market share 2021-2026 (%)
  • 5.2 Comparison by Sector
    • Exhibit 26: Chart on Comparison by Sector
    • Exhibit 27: Data Table on Comparison by Sector
  • 5.3 Military aircraft MRO – Market size and forecast 2021-2026
    • Exhibit 28: Chart on Military aircraft MRO – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Military aircraft MRO – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Military aircraft MRO – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Military aircraft MRO – Year-over-year growth 2021-2026 (%)
  • 5.4 Commercial aircraft MRO – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Commercial aircraft MRO – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Commercial aircraft MRO – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Commercial aircraft MRO – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Commercial aircraft MRO – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Sector
    • Exhibit 36: Market opportunity by Sector ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 APAC – Market size and forecast 2021-2026
    • Exhibit 42: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.4 North America – Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.5 Europe – Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.6 Middle East and Africa – Market size and forecast 2021-2026
    • Exhibit 54: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.7 South America – Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.8 US – Market size and forecast 2021-2026
    • Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.9 China – Market size and forecast 2021-2026
    • Exhibit 66: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.10 Russia – Market size and forecast 2021-2026
    • Exhibit 70: Chart on Russia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Russia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Russia – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Russia – Year-over-year growth 2021-2026 (%)
  • 7.11 Germany – Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.12 India – Market size and forecast 2021-2026
    • Exhibit 78: Chart on India – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on India – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on India – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on India – Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 AAR Corp.
    • Exhibit 89: AAR Corp. – Overview
    • Exhibit 90: AAR Corp. – Business segments
    • Exhibit 91: AAR Corp. – Key news
    • Exhibit 92: AAR Corp. – Key offerings
    • Exhibit 93: AAR Corp. – Segment focus
  • 10.4 Delta Air Lines Inc.
    • Exhibit 94: Delta Air Lines Inc. – Overview
    • Exhibit 95: Delta Air Lines Inc. – Business segments
    • Exhibit 96: Delta Air Lines Inc. – Key offerings
    • Exhibit 97: Delta Air Lines Inc. – Segment focus
  • 10.5 General Electric Co.
    • Exhibit 98: General Electric Co. – Overview
    • Exhibit 99: General Electric Co. – Business segments
    • Exhibit 100: General Electric Co. – Key news
    • Exhibit 101: General Electric Co. – Key offerings
    • Exhibit 102: General Electric Co. – Segment focus
  • 10.6 Israel Aerospace Industries Ltd.
    • Exhibit 103: Israel Aerospace Industries Ltd. – Overview
    • Exhibit 104: Israel Aerospace Industries Ltd. – Product / Service
    • Exhibit 105: Israel Aerospace Industries Ltd. – Key news
    • Exhibit 106: Israel Aerospace Industries Ltd. – Key offerings
  • 10.7 Lockheed Martin Corp.
    • Exhibit 107: Lockheed Martin Corp. – Overview
    • Exhibit 108: Lockheed Martin Corp. – Business segments
    • Exhibit 109: Lockheed Martin Corp. – Key news
    • Exhibit 110: Lockheed Martin Corp. – Key offerings
    • Exhibit 111: Lockheed Martin Corp. – Segment focus
  • 10.8 Raytheon Technologies Corp.
    • Exhibit 112: Raytheon Technologies Corp. – Overview
    • Exhibit 113: Raytheon Technologies Corp. – Business segments
    • Exhibit 114: Raytheon Technologies Corp. – Key news
    • Exhibit 115: Raytheon Technologies Corp. – Key offerings
    • Exhibit 116: Raytheon Technologies Corp. – Segment focus
  • 10.9 Rolls-Royce Holdings Plc
    • Exhibit 117: Rolls-Royce Holdings Plc – Overview
    • Exhibit 118: Rolls-Royce Holdings Plc – Business segments
    • Exhibit 119: Rolls-Royce Holdings Plc – Key news
    • Exhibit 120: Rolls-Royce Holdings Plc – Key offerings
    • Exhibit 121: Rolls-Royce Holdings Plc – Segment focus
  • 10.10 Singapore Airlines Ltd.
    • Exhibit 122: Singapore Airlines Ltd. – Overview
    • Exhibit 123: Singapore Airlines Ltd. – Business segments
    • Exhibit 124: Singapore Airlines Ltd. – Key news
    • Exhibit 125: Singapore Airlines Ltd. – Key offerings
    • Exhibit 126: Singapore Airlines Ltd. – Segment focus
  • 10.11 Singapore Technologies Engineering Ltd.
    • Exhibit 127: Singapore Technologies Engineering Ltd. – Overview
    • Exhibit 128: Singapore Technologies Engineering Ltd. – Business segments
    • Exhibit 129: Singapore Technologies Engineering Ltd. – Key offerings
    • Exhibit 130: Singapore Technologies Engineering Ltd. – Segment focus
  • 10.12 Thales Group
    • Exhibit 131: Thales Group – Overview
    • Exhibit 132: Thales Group – Business segments
    • Exhibit 133: Thales Group – Key offerings
    • Exhibit 134: Thales Group – Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 135: Inclusions checklist
    • Exhibit 136: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 137: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 138: Research methodology
    • Exhibit 139: Validation techniques employed for market sizing
    • Exhibit 140: Information sources
  • 11.5 List of abbreviations
    • Exhibit 141: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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