Technavio has announced its latest market research report titled
Aircraft Engine MRO Market by Type and Geography - Forecast and Analysis 2021-2025

Technavio has announced its latest market research report titled Aircraft Engine MRO Market by Type and Geography - Forecast and Analysis 2021-2025

NEW YORK, May 2, 2022 /PRNewswire/ -- According to the research report, Aircraft Engine MRO Market will witness a YOY growth of 4.85% in 2022 during the forecast period. One of the major factors driving the Blood Collection Tubes Market is increasing investments in MRO facilities.

This research report extensively covers aircraft engine MRO market segmentations by the following:

  • Type -  Turbofan and turbojet and turboprop
  • Geography - APAC, Europe, North America, Middle East, Africa, and South America

For more insights on YOY and CAGR, Read our latest Sample Report

Vendor Insights 

The Aircraft Engine MRO Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.   

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

  • AdvaCare Pharma
  • Becton Dickinson and Co.
  • Biosigma SpA
  • Bio-x
  • Borolab Scientific Glass Pvt. Ltd.
  • Cardinal Health Inc.
  • CML Biotech Pvt. Ltd.
  • FL MEDICAL srl Unipersonale
  • Greiner AG
  • Guangzhou Improve Medical Instruments Co. Ltd
  • Hebei Xinle Sci and Tech Co. Ltd.
  • Hindustan Syringes and Medical Devices Ltd.
  • Labtech Disposables
  • Medtronic Plc
  • Narang Medical Ltd.
  • QIAGEN NV
  • SARSTEDT AG and Co. KG

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read our Sample Report. 

Geographical Market Analysis 

APAC will account for 38 percent of market growth. The aircraft engine MRO market in APAC is dominated by China and India. The market in this region will increase at a quicker rate than the market in other regions.

Over the forecast period, lower airfares will aid the growth of the aircraft engine MRO market in APAC.

Furthermore, countries such as US, China, India, Russia, and Germany are expected to emerge as prominent markets for the Aircraft Engine MRO Market during the forecast period. 

Know more about this market's geographical distribution along with a detailed analysis of the top regions. Download Detailed Sample Report. 

Key Segment Analysis

The turbofan and turbojet segments will gain considerable market share in aviation engine MRO. The turbojet is the most basic of all aircraft turbine engines, and it is made up of four sections: compressors, combustion chambers, a turbine section, and an exhaust system. Because of its tremendous thrust and fuel efficiency, turbofan engines are used in the majority of modern aircraft. Jet engines, also known as gas turbines, use a fan to draw air into the front of the engine. In their first and second shop visits, second-generation CFM56 engines with retractable wings drove the majority of the recent increase in the turbofan engine MRO industry. During the projection period, these factors will fuel the growth of the turbofan and turbojet segments.

View Sample Report: to know additional highlights and key points on various market segments and their impact in coming years. 

Key Market Drivers & Challenges: 

One of the major factors driving the growth of the aviation engine MRO industry is increased investment in MRO facilities. Another industry trend that is driving expansion is the adoption of 3D printing technology. However, one of the challenges impeding the growth of the aviation engine MRO market is the adoption of new technology and equipment.

Download Sample Report for highlights on market Drivers & Challenges affecting the Aircraft Engine MRO Market. 

Customize Your Report 

Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.  

Do reach out to our analysts for more customized reports as per your requirements. Speak to our Analyst now! 

Related Reports: 

Electric Aircraft Market by Technology and Geography - Forecast and Analysis 2022-2026

Military Helicopter MRO Market by Type and Geography - Forecast and Analysis 2022-2026

Aircraft Engine MRO Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 4.45%

Market growth 2022-2026

$ 7.47 billion

Market structure

Fragmented

YoY growth (%)

4.85

Regional analysis

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

Performing market contribution

APAC at 38%

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., Air France-KLM, Ana Holdings Inc., Aviation Technical Services Inc., Delta Air Lines Inc., Deutsche Lufthansa AG, General Electric Co., International Consolidated Airlines Group SA, Israel Aerospace Industries Ltd., John Swire and Sons Ltd., MTU Aero Engines AG, Raytheon Technologies Corp., Rolls-Royce Holdings Plc, Safran SA, SIA Engineering Co., Singapore Technologies Engineering Ltd., TAP AIRPORTUGAL, and Turkish Airlines

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 Type
    • 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 Type

  • 5.1 Market segments
    • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
  • 5.2 Comparison by Type
    • Exhibit 26: Chart on Comparison by Type
    • Exhibit 27: Data Table on Comparison by Type
  • 5.3 Turbofan and turbojet - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Turbofan and turbojet - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Turbofan and turbojet - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Turbofan and turbojet - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Turbofan and turbojet - Year-over-year growth 2021-2026 (%)
  • 5.4 Turboprop - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Turboprop - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Turboprop - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Turboprop - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Turboprop - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Type
    • Exhibit 36: Market opportunity by Type ($ 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 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 North America - Market size and forecast 2021-2026
    • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on North America - 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 Deutsche Lufthansa AG
    • Exhibit 98: Deutsche Lufthansa AG - Overview
    • Exhibit 99: Deutsche Lufthansa AG - Business segments
    • Exhibit 100: Deutsche Lufthansa AG - Key news
    • Exhibit 101: Deutsche Lufthansa AG - Key offerings
    • Exhibit 102: Deutsche Lufthansa AG - Segment focus
  • 10.6 General Electric Co.
    • Exhibit 103: General Electric Co. - Overview
    • Exhibit 104: General Electric Co. - Business segments
    • Exhibit 105: General Electric Co. - Key news
    • Exhibit 106: General Electric Co. - Key offerings
    • Exhibit 107: General Electric Co. - Segment focus
  • 10.7 John Swire and Sons Ltd.
    • Exhibit 108: John Swire and Sons Ltd. - Overview
    • Exhibit 109: John Swire and Sons Ltd. - Business segments
    • Exhibit 110: John Swire and Sons Ltd. - Key offerings
    • Exhibit 111: John Swire and Sons Ltd. - Segment focus
  • 10.8 MTU Aero Engines AG
    • Exhibit 112: MTU Aero Engines AG - Overview
    • Exhibit 113: MTU Aero Engines AG - Business segments
    • Exhibit 114: MTU Aero Engines AG - Key news
    • Exhibit 115: MTU Aero Engines AG - Key offerings
    • Exhibit 116: MTU Aero Engines AG - Segment focus
  • 10.9 Raytheon Technologies Corp.
    • Exhibit 117: Raytheon Technologies Corp. - Overview
    • Exhibit 118: Raytheon Technologies Corp. - Business segments
    • Exhibit 119: Raytheon Technologies Corp. - Key news
    • Exhibit 120: Raytheon Technologies Corp. - Key offerings
    • Exhibit 121: Raytheon Technologies Corp. - Segment focus
  • 10.10 Rolls-Royce Holdings Plc
    • Exhibit 122: Rolls-Royce Holdings Plc - Overview
    • Exhibit 123: Rolls-Royce Holdings Plc - Business segments
    • Exhibit 124: Rolls-Royce Holdings Plc - Key news
    • Exhibit 125: Rolls-Royce Holdings Plc - Key offerings
    • Exhibit 126: Rolls-Royce Holdings Plc - Segment focus
  • 10.11 Safran SA
    • Exhibit 127: Safran SA - Overview
    • Exhibit 128: Safran SA - Business segments
    • Exhibit 129: Safran SA - Key news
    • Exhibit 130: Safran SA - Key offerings
    • Exhibit 131: Safran SA - Segment focus
  • 10.12 SIA Engineering Co.
    • Exhibit 132: SIA Engineering Co. - Overview
    • Exhibit 133: SIA Engineering Co. - Business segments
    • Exhibit 134: SIA Engineering Co. - Key news
    • Exhibit 135: SIA Engineering Co. - Key offerings
    • Exhibit 136: SIA Engineering Co. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 137: Inclusions checklist
    • Exhibit 138: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 139: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 140: Research methodology
    • Exhibit 141: Validation techniques employed for market sizing
    • Exhibit 142: Information sources
  • 11.5 List of abbreviations
    • Exhibit 143: List of abbreviations

About Us: 

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. 

Contact 

Technavio Research 

Jesse Maida 

Media & Marketing Executive 

US: +1 844 364 1100 

UK: +44 203 893 3200 

Email: media@technavio.com 

Website: www.technavio.com/

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/aircraft-engine-mro-market-size-to-grow-by-usd-7-47-bn-increasing-investments-in-mro-facilities-to-boost-market-growth-technavio-301536903.html

SOURCE Technavio

Recommended For You


Originally published on the TownNews Content Exchange.

You must be logged in to react.
Click any reaction to login.
0
0
0
0
0

(0) comments

Welcome to the discussion.

Transparency. Your full name is required.
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article. And receive photos, videos of what you see.
Don’t be a troll. Don’t be a troll. Don’t post inflammatory or off-topic messages, or personal attacks.

Thank you for reading!

Please log in, or sign up for a new account and purchase a subscription to read or post comments.

To subscribe, click here. Already a subscriber? Click here.