Aircraft MRO Market is Expected to Grow at a CAGR of 2% by 2021

PUNE, India, 2017-Jul-03 — /EPR Network/ — Market Synopsis of Global Aircraft MRO Market: The Global Aircraft MRO Market is expected to grow at a CAGR of around 2% during 2016-2021.The factors driving the demand are additive manufacturing used in aircraft parts, ageing fleets & replacement opportunities, air traffic volume, and outsourcing for aircraft maintenance.

As per the MRFR analysis, the factor restraining the market growth are higher replacement cost due to usage of composites and smart electronics, technological advancement in aircraft design, and environmental hazards.

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Key Players of Aircraft MRO Market:

  • Airbus Group
  • HAECO
  • Honeywell International
  • Lockheed Martin
  • ST Aerospace
  • Air Works
  • Jet Maintenance Solutions
  • GMF AeroAsia
  • Lufthansa Technik

 

Target Audience:

  • MRO Vendors
  • Component Suppliers
  • Potential Investors
  • Key executive (CEO and COO) and strategy growth manager

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Technologies  and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Akash Anand,

Market Research Future

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