Global Aircraft Engine MRO Market Research Report 2021 Professional Edition
The global Aircraft Engine MRO market was valued at 27.16 Million USD in 2020 and will grow with a CAGR of 8.32% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Aircraft Engine MRO is the description of maintenance repair and overhaul to aircraft engine, maintenance, repair and overhaul (MRO) is a key activity in the lifecycle of its engines. Because of the typically long operational lifetimes expected from these costly assets, MRO is necessary to maintain these systems in a safe and functional condition, so that they can fulfill the operational role that they were designed for.The MRO system can be understood as a complex socio-technical system organized and operated to achieve aircraft availability and operation safety at minimal cost. As a complex socio-technical system, it consists of various layers: The environmental context, organizational structure, management, infrastructure, workers and the technical core. The largest aircraft engine MRO industry markets have been North America, Europe and China. And the market is supplied by a combination of large multinational firms and smaller local companies. The leading global firms include GE Aviation, Pratt & Whitney Division, , Rolls Royce and MTU, among others. These companies tend to compete against each other globally to supply most of the largest aircraft engine MRO markets. In many markets, these leading global firms also face competition from local supplier. This growth of aircraft engine MRO industry is driven by the strong growth of the fleet in the last decade Despite the presence of competition and brand effect problems, due to the awareness of end-users and their demand for high end products, investors are still optimistic about this area. There will be more new investors entering into this industry in the future. The manufacturers who want to occupy the market must depend on market mechanism reform, core technology improvement, manufacturing equipment innovation, and brand establishment.
By Market Verdors:
GE
Rolls-Royce
MTU Maintenance
Lufthansa Technik
Pratt & Whitney
Air France/KLM
Snecma
Delta TechOps
Standard Aero
BBA Aviation
Chromalloy
ITP
Air New Zealand
Bet Shemesh
IAI
Wood Group Turbopower
Sigma Aerospace
Hellenic Aerospace
Sabraliner
Asia Pacific Aerospace
By Types:
Maintenance
Repair
Overhaul
By Applications:
Civil Aircraft
Military Aircraft
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Aircraft Engine MRO Revenue
1.4 Market Analysis by Type
1.4.1 Global Aircraft Engine MRO Market Size Growth Rate by Type: 2021 VS 2027
1.4.2 Maintenance
1.4.3 Repair
1.4.4 Overhaul
1.5 Market by Application
1.5.1 Global Aircraft Engine MRO Market Share by Application: 2022-2027
1.5.2 Civil Aircraft
1.5.3 Military Aircraft
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Aircraft Engine MRO Market
1.8.1 Global Aircraft Engine MRO Market Status and Outlook (2016-2027)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Aircraft Engine MRO Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Aircraft Engine MRO Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Aircraft Engine MRO Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Aircraft Engine MRO Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Aircraft Engine MRO Sales Volume Market Share by Region (2016-2021)
3.2 Global Aircraft Engine MRO Sales Revenue Market Share by Region (2016-2021)
3.3 North America Aircraft Engine MRO Sales Volume
3.3.1 North America Aircraft Engine MRO Sales Volume Growth Rate (2016-2021)
3.3.2 North America Aircraft Engine MRO Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.4 East Asia Aircraft Engine MRO Sales Volume
3.4.1 East Asia Aircraft Engine MRO Sales Volume Growth Rate (2016-2021)
3.4.2 East Asia Aircraft Engine MRO Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Aircraft Engine MRO Sales Volume (2016-2021)
3.5.1 Europe Aircraft Engine MRO Sales Volume Growth Rate (2016-2021)
3.5.2 Europe Aircraft Engine MRO Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 South Asia Aircraft Engine MRO Sales Volume (2016-2021)
3.6.1 South Asia Aircraft Engine MRO Sales Volume Growth Rate (2016-2021)
3.6.2 South Asia Aircraft Engine MRO Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 Southeast Asia Aircraft Engine MRO Sales Volume (2016-2021)
3.7.1 Southeast Asia Aircraft Engine MRO Sales Volume Growth Rate (2016-2021)
3.7.2 Southeast Asia Aircraft Engine MRO Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.8 Middle East Aircraft Engine MRO Sales Volume (2016-2021)
3.8.1 Middle East Aircraft Engine MRO Sales Volume Growth Rate (2016-2021)
3.8.2 Middle East Aircraft Engine MRO Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.9 Africa Aircraft Engine MRO Sales Volume (2016-2021)
3.9.1 Africa Aircraft Engine MRO Sales Volume Growth Rate (2016-2021)
3.9.2 Africa Aircraft Engine MRO Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.10 Oceania Aircraft Engine MRO Sales Volume (2016-2021)
3.10.1 Oceania Aircraft Engine MRO Sales Volume Growth Rate (2016-2021)
3.10.2 Oceania Aircraft Engine MRO Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.11 South America Aircraft Engine MRO Sales Volume (2016-2021)
3.11.1 South America Aircraft Engine MRO Sales Volume Growth Rate (2016-2021)
3.11.2 South America Aircraft Engine MRO Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.12 Rest of the World Aircraft Engine MRO Sales Volume (2016-2021)
3.12.1 Rest of the World Aircraft Engine MRO Sales Volume Growth Rate (2016-2021)
3.12.2 Rest of the World Aircraft Engine MRO Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
4 North America
4.1 North America Aircraft Engine MRO Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Aircraft Engine MRO Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Aircraft Engine MRO Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Aircraft Engine MRO Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Aircraft Engine MRO Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Aircraft Engine MRO Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Aircraft Engine MRO Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Aircraft Engine MRO Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Aircraft Engine MRO Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Aircraft Engine MRO Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Aircraft Engine MRO Sales Volume Market Share by Type (2016-2021)
14.2 Global Aircraft Engine MRO Sales Revenue Market Share by Type (2016-2021)
14.3 Global Aircraft Engine MRO Sales Price by Type (2016-2021)
15 Consumption Analysis by Application
15.1 Global Aircraft Engine MRO Consumption Volume by Application (2016-2021)
15.2 Global Aircraft Engine MRO Consumption Value by Application (2016-2021)
16 Company Profiles and Key Figures in Aircraft Engine MRO Business
16.1 GE
16.1.1 GE Company Profile
16.1.2 GE Aircraft Engine MRO Product Specification
16.1.3 GE Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.2 Rolls-Royce
16.2.1 Rolls-Royce Company Profile
16.2.2 Rolls-Royce Aircraft Engine MRO Product Specification
16.2.3 Rolls-Royce Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.3 MTU Maintenance
16.3.1 MTU Maintenance Company Profile
16.3.2 MTU Maintenance Aircraft Engine MRO Product Specification
16.3.3 MTU Maintenance Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.4 Lufthansa Technik
16.4.1 Lufthansa Technik Company Profile
16.4.2 Lufthansa Technik Aircraft Engine MRO Product Specification
16.4.3 Lufthansa Technik Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.5 Pratt & Whitney
16.5.1 Pratt & Whitney Company Profile
16.5.2 Pratt & Whitney Aircraft Engine MRO Product Specification
16.5.3 Pratt & Whitney Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.6 Air France/KLM
16.6.1 Air France/KLM Company Profile
16.6.2 Air France/KLM Aircraft Engine MRO Product Specification
16.6.3 Air France/KLM Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.7 Snecma
16.7.1 Snecma Company Profile
16.7.2 Snecma Aircraft Engine MRO Product Specification
16.7.3 Snecma Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.8 Delta TechOps
16.8.1 Delta TechOps Company Profile
16.8.2 Delta TechOps Aircraft Engine MRO Product Specification
16.8.3 Delta TechOps Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.9 Standard Aero
16.9.1 Standard Aero Company Profile
16.9.2 Standard Aero Aircraft Engine MRO Product Specification
16.9.3 Standard Aero Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.10 BBA Aviation
16.10.1 BBA Aviation Company Profile
16.10.2 BBA Aviation Aircraft Engine MRO Product Specification
16.10.3 BBA Aviation Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.11 Chromalloy
16.11.1 Chromalloy Company Profile
16.11.2 Chromalloy Aircraft Engine MRO Product Specification
16.11.3 Chromalloy Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.12 ITP
16.12.1 ITP Company Profile
16.12.2 ITP Aircraft Engine MRO Product Specification
16.12.3 ITP Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.13 Air New Zealand
16.13.1 Air New Zealand Company Profile
16.13.2 Air New Zealand Aircraft Engine MRO Product Specification
16.13.3 Air New Zealand Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.14 Bet Shemesh
16.14.1 Bet Shemesh Company Profile
16.14.2 Bet Shemesh Aircraft Engine MRO Product Specification
16.14.3 Bet Shemesh Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.15 IAI
16.15.1 IAI Company Profile
16.15.2 IAI Aircraft Engine MRO Product Specification
16.15.3 IAI Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.16 Wood Group Turbopower
16.16.1 Wood Group Turbopower Company Profile
16.16.2 Wood Group Turbopower Aircraft Engine MRO Product Specification
16.16.3 Wood Group Turbopower Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.17 Sigma Aerospace
16.17.1 Sigma Aerospace Company Profile
16.17.2 Sigma Aerospace Aircraft Engine MRO Product Specification
16.17.3 Sigma Aerospace Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.18 Hellenic Aerospace
16.18.1 Hellenic Aerospace Company Profile
16.18.2 Hellenic Aerospace Aircraft Engine MRO Product Specification
16.18.3 Hellenic Aerospace Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.19 Sabraliner
16.19.1 Sabraliner Company Profile
16.19.2 Sabraliner Aircraft Engine MRO Product Specification
16.19.3 Sabraliner Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.20 Asia Pacific Aerospace
16.20.1 Asia Pacific Aerospace Company Profile
16.20.2 Asia Pacific Aerospace Aircraft Engine MRO Product Specification
16.20.3 Asia Pacific Aerospace Aircraft Engine MRO Production Capacity, Revenue, Price and Gross Margin (2016-2021)
17 Aircraft Engine MRO Manufacturing Cost Analysis
17.1 Aircraft Engine MRO Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Aircraft Engine MRO
17.4 Aircraft Engine MRO Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Aircraft Engine MRO Distributors List
18.3 Aircraft Engine MRO Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Aircraft Engine MRO (2022-2027)
20.2 Global Forecasted Revenue of Aircraft Engine MRO (2022-2027)
20.3 Global Forecasted Price of Aircraft Engine MRO (2016-2027)
20.4 Global Forecasted Production of Aircraft Engine MRO by Region (2022-2027)
20.4.1 North America Aircraft Engine MRO Production, Revenue Forecast (2022-2027)
20.4.2 East Asia Aircraft Engine MRO Production, Revenue Forecast (2022-2027)
20.4.3 Europe Aircraft Engine MRO Production, Revenue Forecast (2022-2027)
20.4.4 South Asia Aircraft Engine MRO Production, Revenue Forecast (2022-2027)
20.4.5 Southeast Asia Aircraft Engine MRO Production, Revenue Forecast (2022-2027)
20.4.6 Middle East Aircraft Engine MRO Production, Revenue Forecast (2022-2027)
20.4.7 Africa Aircraft Engine MRO Production, Revenue Forecast (2022-2027)
20.4.8 Oceania Aircraft Engine MRO Production, Revenue Forecast (2022-2027)
20.4.9 South America Aircraft Engine MRO Production, Revenue Forecast (2022-2027)
20.4.10 Rest of the World Aircraft Engine MRO Production, Revenue Forecast (2022-2027)
20.5 Forecast by Type and by Application (2022-2027)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027)
20.5.2 Global Forecasted Consumption of Aircraft Engine MRO by Application (2022-2027)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Aircraft Engine MRO by Country
21.2 East Asia Market Forecasted Consumption of Aircraft Engine MRO by Country
21.3 Europe Market Forecasted Consumption of Aircraft Engine MRO by Countriy
21.4 South Asia Forecasted Consumption of Aircraft Engine MRO by Country
21.5 Southeast Asia Forecasted Consumption of Aircraft Engine MRO by Country
21.6 Middle East Forecasted Consumption of Aircraft Engine MRO by Country
21.7 Africa Forecasted Consumption of Aircraft Engine MRO by Country
21.8 Oceania Forecasted Consumption of Aircraft Engine MRO by Country
21.9 South America Forecasted Consumption of Aircraft Engine MRO by Country
21.10 Rest of the world Forecasted Consumption of Aircraft Engine MRO by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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