Aircraft Engine MRO Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, China, India, Russia, Germany - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 175 SKU: IRTNTR46479

Aircraft Engine Maintenance, Repair and Overhaul (MRO) Market Forecast 2024-2028

The Aircraft Engine Maintenance, Repair and Overhaul (MRO) Market size is forecast to increase by USD 11.36 billion, at a CAGR of 5.86% between 2023 and 2028. Aviation demand is set to increase because of the rising affluence of the middle classes in emerging markets. In addition, the demand for commercial aircraft is likely to witness an upsurge due to the growth in air travel in key countries like China, Russia, India, Indonesia, and the US. In addition, the year-on-year increase in air traffic has also essentialized the induction of new aircraft to cater to the growing demand.
Moreover, ensuring a robust supply chain with efficient Tier-II suppliers is crucial for the smooth operation and maintenance of engines like the LEAP engine alongside traditional piston engines. Additionally, considerations regarding workforce supply and labor force costs are pivotal in sustaining the aviation industry's growth amidst rapid urbanization and increasing aircraft utilization.

Market Forecasting and Size

Market  Forecast 2024-2028

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Market Segmentation by Application, Type, and Geography

Application Segment Analysis: 

The commercial aviation segment is estimated to witness significant growth during the forecast period. Commercial aviation operators schedule daily maintenance activities to make sure that aircraft engines remain in optimal condition. In addition, this comprises regular inspections, lubrication, and component replacements to prevent wear and tear. Furthermore, aircraft-engines encounter unexpected issues during operation.

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The commercial aviation segment was the largest segment and was valued at USD 23.62 billion in 2018. Moreover, MRO services are essential for diagnosing and repairing these unscheduled problems to maintain the airworthiness of the aircraft. In addition, overhauls involve comprehensive inspections, repairs, and replacement of components to extend the life of the aircraft-engine. Furthermore, commercial airlines may undertake overhauls based on operating hours or other predetermined intervals. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Type Segment Analysis

Based on the type, the market has been segmented into turbofan and turbojet, and turboprop. The turbofan and turbojet segment will account for the largest share of this segment. In turbojet segment, the air passes from the front of the engine and enters the combustion chamber where the fuel inlet and igniter are located. In addition, the turbine is then driven by the exhaust air, which escapes at high speeds from the rear of the engine. Moreover, this produces a reaction that pushes the aircraft forward. In addition, the turbojet is the simplest form of all aircraft-turbine engines and consists of four sections, which include compressors, combustion chambers, a turbine section, and an exhaust. Furthermore, the majority of modern airliners use turbofan engines because of their high thrust and good fuel efficiency. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Regional Analysis

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North America is estimated to contribute 34% to the growth by 2028. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period.

Another region offering significant growth opportunities to companies is APAC. The ongoing success of the low-cost carrier (LCC) model has fuelled a steady growth in passenger traffic in APAC. In addition, reduced airfares, high standards of living, the growing middle class in developing countries, and the growth of tourism have largely contributed to the growth of the commercial aircraft-industry in APAC. Moreover, there is an increasing demand for energy-efficient aircraft-among fleet operators to replace aging-aircraft movements with technologically advanced ones. In addition, such trends have opened significant opportunities for aircraft and engine manufacturers to place their products in the region with a competitive pricing strategy. Furthermore, APAC has been witnessing the highest growth rates in the global aviation industry and is anticipated to lead the industry over the next two decades. Hence, such factors are driving the market growth in APAC during the forecast period.

Market Dynamics and Customer Landscape 

The market is witnessing growth propelled by the increase in aircraft deliveries, driving demand for aircraft maintenance, repair, and overhaul activities. A notable trend in this market is the growing popularity of recycled aircraft parts, offering cost-effective solutions for fleet expansion plans among airlines and military forces. However, the industry faces challenges such as the scarcity of skilled resources for aircraft MRO operations, particularly in MRO support centers and among Tier-II and Tier-III suppliers. With a focus on servicing diverse aircraft types, including cargo aircraft and those equipped with next-generation engines such as the LEAP engine, the market caters to the evolving needs of an aging military aircraft fleet and the demands of rapid urbanization in emerging countries.

As air traffic volumes and aircraft utilization continue to rise, regulatory bodies like the Federal Aviation Administration (FAA) and the International Civil Aviation Organization (ICAO) play crucial roles in ensuring safety and compliance standards. Addressing workforce supply and labor force costs remains essential to sustaining technical maintenance jobs and supporting industry growth, with companies like Pratt & Whitney playing pivotal roles in driving innovation and efficiency in aircraft engine MRO operations.

Key Market Driver - Increase in aircraft deliveries

Aviation demand is set to increase because of the rising affluence of the middle classes in emerging markets. In addition, the demand for commercial-aircraft is likely to witness an upsurge due to the growth in air travel in key countries like China, Russia, India, Indonesia, and the US.  In addition, the year-on-year increase in air traffic has also essentialized the induction of new aircraft to cater to the growing demand.

Therefore, aircraft OEMs and their suppliers are revamping their production facilities to ensure scheduled deliveries. In addition, the increased efficiency, coupled with reduced fuel consumption and noise generation, has been driving the procurement of Airbus A320 neo-aircraft and its upgraded versions among major airline companies. Hence, such factors are positively impacting the aircraft engine maintenance repair and overhaul market. Therefore, it is expected to drive the market growth during the forecast period.

Significant Market Trends - Growing popularity of recycled aircraft parts

The recycling of aircraft parts from end-of-life aircraft is becoming increasingly popular with the aviation industry's attempts to become more environment-friendly and cost-effective. Thus, the focus has been laid on choosing advanced materials that can help extend the durability and service life of an operational engine while ensuring efficient performance.

Moreover, engine MRO service providers and leasing companies are witnessing increasing demand for some of the older engine types in their portfolios, such as the Rolls-Royce Trent 700 and the Airbus A330 powerplant. In addition, this is a result of lower fuel prices that have encouraged airlines to fly the aircraft for longer durations. Furthermore, the global commercial aircraft aftermarket parts market is witnessing demand for aircraft-worthy spare parts at below OEM prices. Therefore, it is positively impacts the market. Hence, such factors are driving the market growth during the forecast period.

Major Market Challenge - Scarcity of skilled resources for aircraft MRO operations

The emergence of predictive maintenance has flooded the MRO industry with a flurry of problems related to both technology and manpower. In addition, even though machine learning can be a valuable tool for anomaly detection, logistics optimization, and customer service management, it needs a large number of resources to achieve desired performance levels on a constant basis.

Moreover, these aspects require immense calculations to be made within a fraction of the time and lead to the consumption of a significant amount of raw processing power. Even though cloud computing and parallel processing systems have come as temporary solutions, the rapid increase in data volumes and complex algorithms will lead to bottlenecks and hamper the adoption rate of predictive maintenance systems by MRO operators. Therefore, it is negatively impacting the aircraft-engine maintenance repair and overhaul market. Hence, such factors are driving the market growth during the forecast period.

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Delta Air Lines Inc: The company offers aircraft-engine MRO services such as scheduled maintenance, unscheduled maintenance, engine overhauls, parts repair, and replacement through its subsidiary Delta TechOps.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

A J Walter Aviation Ltd., Aviation Technical Services, AZUL SA, Deutsche Lufthansa AG, General Electric Co., Hindustan Aeronautics Ltd., IAG Aero Group, Israel Aerospace Industries Ltd., John Swire and Sons Ltd., MTU Aero Engines AG, Rolls Royce Holdings Plc, RTX Corp., Safran SA, Sanad, Singapore Airlines Ltd., Singapore Technologies Engineering Ltd., Synerjet Corp., The Boeing Co., Transportes Aereos Portugueses S.A., and Turkish Airlines.

Technavio market forecast the an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Market Analyst Overview

The market plays a critical role in ensuring safety and efficiency in the aviation industry through aircraft maintenance and overhaul activities. As air traffic volumes increase globally, new contracts and agreements are being signed to meet the component requirements of modern aircraft engines such as CFM56-5B, CFM56-7B, and LEAP 1B engines.

Service providers like S7 Technics and Pratt & Whitney are expanding their maintenance capacity and forming partnerships with maintenance facilities and MRO support centers to accommodate the growing total aircraft fleet. Joint ventures and Tier-II/Tier-III suppliers play a vital role in providing training services and technical maintenance jobs to meet the demand for skilled labor in rapidly urbanizing and emerging countries.

The market also caters to cargo aircraft and next-generation engines, including turbofans and turboshafts, ensuring overall maintenance process efficiency and compliance with regulatory standards set by organizations like the Federal Aviation Administration (FAA) and the International Civil Aviation Organization (ICAO). With advancements in automation processes, the market continues to evolve, supporting the maintenance needs of both narrow-body and wide-body aircraft for safe and reliable operations in civil aviation.

Segment Overview

The market analysis and report forecasts market growth by revenue at global, regional & country levels and provides a market growth analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Application Outlook
    • Commercial aviation
    • Military aviation
    • General aviation
  • Type Outlook 
    • Turbofan and turbojet
    • Turboprop
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Scope

Report Coverage

Details

Page number

175

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.86%

Market Growth 2024-2028

USD 11.36 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

5.01

Regional analysis

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

Performing market contribution

North America at 34%

Key countries

US, China, India, Russia, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

A J Walter Aviation Ltd., AAR Corp., Ana Holdings Inc., Aviation Technical Services, AZUL SA, Delta Air Lines Inc., Deutsche Lufthansa AG, General Electric Co., Hindustan Aeronautics Ltd., IAG Aero Group, Israel Aerospace Industries Ltd., John Swire and Sons Ltd., MTU Aero Engines AG, Rolls Royce Holdings Plc, RTX Corp., Safran SA, Sanad, Singapore Airlines Ltd., Singapore Technologies Engineering Ltd., Synerjet Corp., The Boeing Co., Transportes Aereos Portugueses S.A., and Turkish Airlines

Market dynamics

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

Customization purview

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market growth and trends and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Market growth and forecasting across APAC, Europe, North America, Middle East and Africa, and South America
  • A thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive market report analysis of factors that will challenge the growth of market  companies

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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 Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global aircraft engine MRO market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global aircraft engine mro market 2018 - 2022 ($ billion)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Commercial aviation - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Commercial aviation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Commercial aviation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Commercial aviation - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Commercial aviation - Year-over-year growth 2023-2028 (%)
    • 6.4 Military aviation - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Military aviation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Military aviation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Military aviation - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Military aviation - Year-over-year growth 2023-2028 (%)
    • 6.5 General aviation - Market size and forecast 2023-2028
      • Exhibit 42: Chart on General aviation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on General aviation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on General aviation - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on General aviation - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Application
      • Exhibit 46: Market opportunity by Application ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 48: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 50: Chart on Comparison by Type
      • Exhibit 51: Data Table on Comparison by Type
    • 7.3 Turbofan and turbojet - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Turbofan and turbojet - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Turbofan and turbojet - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Turbofan and turbojet - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Turbofan and turbojet - Year-over-year growth 2023-2028 (%)
    • 7.4 Turboprop - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Turboprop - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Turboprop - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Turboprop - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Turboprop - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 60: Market opportunity by Type ($ billion)
      • Exhibit 61: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Russia - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Russia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Russia - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Russia - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 India - Market size and forecast 2023-2028
      • Exhibit 103: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 AAR Corp.
              • Exhibit 115: AAR Corp. - Overview
              • Exhibit 116: AAR Corp. - Business segments
              • Exhibit 117: AAR Corp. - Key news
              • Exhibit 118: AAR Corp. - Key offerings
              • Exhibit 119: AAR Corp. - Segment focus
            • 12.4 Ana Holdings Inc.
              • Exhibit 120: Ana Holdings Inc. - Overview
              • Exhibit 121: Ana Holdings Inc. - Business segments
              • Exhibit 122: Ana Holdings Inc. - Key offerings
              • Exhibit 123: Ana Holdings Inc. - Segment focus
            • 12.5 Aviation Technical Services
              • Exhibit 124: Aviation Technical Services - Overview
              • Exhibit 125: Aviation Technical Services - Product / Service
              • Exhibit 126: Aviation Technical Services - Key offerings
            • 12.6 Delta Air Lines Inc.
              • Exhibit 127: Delta Air Lines Inc. - Overview
              • Exhibit 128: Delta Air Lines Inc. - Business segments
              • Exhibit 129: Delta Air Lines Inc. - Key offerings
              • Exhibit 130: Delta Air Lines Inc. - Segment focus
            • 12.7 Deutsche Lufthansa AG
              • Exhibit 131: Deutsche Lufthansa AG - Overview
              • Exhibit 132: Deutsche Lufthansa AG - Business segments
              • Exhibit 133: Deutsche Lufthansa AG - Key news
              • Exhibit 134: Deutsche Lufthansa AG - Key offerings
              • Exhibit 135: Deutsche Lufthansa AG - Segment focus
            • 12.8 General Electric Co.
              • Exhibit 136: General Electric Co. - Overview
              • Exhibit 137: General Electric Co. - Business segments
              • Exhibit 138: General Electric Co. - Key news
              • Exhibit 139: General Electric Co. - Key offerings
              • Exhibit 140: General Electric Co. - Segment focus
            • 12.9 IAG Aero Group
              • Exhibit 141: IAG Aero Group - Overview
              • Exhibit 142: IAG Aero Group - Product / Service
              • Exhibit 143: IAG Aero Group - Key offerings
            • 12.10 Israel Aerospace Industries Ltd.
              • Exhibit 144: Israel Aerospace Industries Ltd. - Overview
              • Exhibit 145: Israel Aerospace Industries Ltd. - Product / Service
              • Exhibit 146: Israel Aerospace Industries Ltd. - Key news
              • Exhibit 147: Israel Aerospace Industries Ltd. - Key offerings
            • 12.11 John Swire and Sons Ltd.
              • Exhibit 148: John Swire and Sons Ltd. - Overview
              • Exhibit 149: John Swire and Sons Ltd. - Product / Service
              • Exhibit 150: John Swire and Sons Ltd. - Key offerings
            • 12.12 MTU Aero Engines AG
              • Exhibit 151: MTU Aero Engines AG - Overview
              • Exhibit 152: MTU Aero Engines AG - Business segments
              • Exhibit 153: MTU Aero Engines AG - Key news
              • Exhibit 154: MTU Aero Engines AG - Key offerings
              • Exhibit 155: MTU Aero Engines AG - Segment focus
            • 12.13 Rolls Royce Holdings Plc
              • Exhibit 156: Rolls Royce Holdings Plc - Overview
              • Exhibit 157: Rolls Royce Holdings Plc - Business segments
              • Exhibit 158: Rolls Royce Holdings Plc - Key news
              • Exhibit 159: Rolls Royce Holdings Plc - Key offerings
              • Exhibit 160: Rolls Royce Holdings Plc - Segment focus
            • 12.14 RTX Corp.
              • Exhibit 161: RTX Corp. - Overview
              • Exhibit 162: RTX Corp. - Business segments
              • Exhibit 163: RTX Corp. - Key news
              • Exhibit 164: RTX Corp. - Key offerings
              • Exhibit 165: RTX Corp. - Segment focus
            • 12.15 Safran SA
              • Exhibit 166: Safran SA - Overview
              • Exhibit 167: Safran SA - Business segments
              • Exhibit 168: Safran SA - Key news
              • Exhibit 169: Safran SA - Key offerings
              • Exhibit 170: Safran SA - Segment focus
            • 12.16 Singapore Airlines Ltd.
              • Exhibit 171: Singapore Airlines Ltd. - Overview
              • Exhibit 172: Singapore Airlines Ltd. - Business segments
              • Exhibit 173: Singapore Airlines Ltd. - Key offerings
              • Exhibit 174: Singapore Airlines Ltd. - Segment focus
            • 12.17 The Boeing Co.
              • Exhibit 175: The Boeing Co. - Overview
              • Exhibit 176: The Boeing Co. - Business segments
              • Exhibit 177: The Boeing Co. - Key offerings
              • Exhibit 178: The Boeing Co. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 179: Inclusions checklist
                • Exhibit 180: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 181: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 182: Research methodology
                • Exhibit 183: Validation techniques employed for market sizing
                • Exhibit 184: Information sources
              • 13.5 List of abbreviations
                • Exhibit 185: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              aircraft engine mro market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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