Aircraft Maintenance, Repair and Overhaul (MRO): Market Research Report

December 2018 | 307 pages | ID: AB518A4B305EN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Aircraft Maintenance, Repair and Overhaul (MRO) in US$ Million by the following Segments: Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul, and Line Maintenance. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America.

Annual estimates and forecasts are provided for the period 2016 through 2024.

Also, a five-year historic analysis is provided for these markets.

Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs.

The report profiles 76 companies including many key and niche players such as -

• AAR Corp.
• Aeroman
• AIRBUS SAS
• Ameco Beijing
• AMETEK MRO
• Aviation Technical Services, Inc.

Contents

1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

2. INDUSTRY OVERVIEW

Aircraft MRO & Its Continuing Importance in Airworthiness Management: A Review
What Does it Take to Survive in the Competitive MRO Market?
The Ever-Present Threat of Air Accidents Reinforces the Importance of MRO

Table 1. Despite the Strides Taken in Safe Flying, the Ever-Present Residual Anxiety Caused by Plane Crashes Drives the Emphasis On Airworthiness & Plane Maintenance: Global Number of Deaths Due to Commercial Aviation Accidents for the Years 2006, 2010, 2013, 2016 and 2017 (includes corresponding Graph/Chart)

Commercial Aviation Industry: The Barometer of Health of the MRO Market

Table 2. Healthy Gains in Commercial Aviation Lays the Foundation for Strong Opportunities for Aircraft MRO Services: Global Commercial Airline Revenues (In US$ Billion) for the Years 2016, 2018 and 2020 (includes corresponding Graph/Chart)

Aging Aircraft Double Up the Opportunities for MRO Services

Table 3. Expanding Global Aircraft Fleet to Inject a Steady Stream of Routine Maintenance Revenues for MRO Service Providers: Global Aircraft Fleet (In Units) by Geographic Region/Country for the Years 2017 and 2035 (includes corresponding Graph/Chart)

Table 4. Aging Aircraft & the Ensuing Need to Ensure Airworthiness of Older Airplanes to Spur Opportunities in the MRO Services Market: Global Average Aircraft Fleet Age (In Years) by Geographic Region/Country for Cumulative Period 2018-2023 and 2023-2028 (includes corresponding Graph/Chart)

Corrosion & Fatigue Wear and Tear: The Most Important Aspect of MRO

Table 5. High Cost of Corrosion for the Transportation Industry Makes Corrosion Management Systems (CMS) an Integral Part of Aircraft MRO Programs: Global Cost of Corrosion by Industry for the Year 2018 (includes corresponding Graph/Chart)

Smart Management of Assets & the Resulting Focus on Predictive and Condition Based Maintenance Bodes Well for Aircraft MRO Services

Table 6. Aircraft Maintenance Decision System Based on Real-time Condition Monitoring Grows in Prominence Against the Backdrop of the Growing Investments in Aircraft Health Monitoring (AHMS): Global AHMS Market (In US$ Million) for the Years 2018, 2020 and 2022 (includes corresponding Graph/Chart)

Aircraft Big Data Storms Into the Limelight as a Key Enabler of Effective Condition Based Monitoring
Nondestructive Evaluation & Inspection of Aircraft Grows in Prominence

Table 7. Use of Fillers in Aerospace Composites & the Resulting High Risk of Moisture Infiltration Spurs Opportunities for Diagnostic NDT Testing for Crack & Corrosion Detection: Global Aerospace Composites Market (In US$ Billion) for the Years 2018, 2020 and 2022 (includes corresponding Graph/Chart)

Avionics MRO Emerges into a Key Revenue Spinner

Table 8. Growing Value of the Avionics Market Drives Parallel Opportunities for Avionics MRO in the Form of Avionics Upgrade: Global Avionics Market and Avionics Upgrade Opportunity (In Million) for the Years 2018, 2020 and 2022 (includes corresponding Graph/Chart)

Recovery in Defense Budgets to Bring the Much Awaited Relief to Military MRO Market
The U. S. & Europe Once Again Emerge to Drive Global Military Spending in 2018

Table 9. Multi-Role Aircraft, the Largest Revenue Generator for Military MRO Services: % Breakdown of Global Military MRO Market by Aircraft Platform for the Year 2018 (includes corresponding Graph/Chart)

Asia & the Middle East Will Continue to Remain Long-Term Driving Forces for Growth in Military Spending

Table 10. Ever-Present Threat to Public Liberty & the Resulting Increase in Defense Spending for Peace as well as War to Indirectly Spur Growth in Demand for Military MRO Services: Global Military Spending (In US$ Billion) for the Years 2014 through 2018 (includes corresponding Graph/Chart)

Defense Spending Growth Shifts From Developed to Emerging Countries

Table 11. Declining Share of Military Spending as % of GDP in Developed Markets Highlights Decelerating YoY Spending Growth: Comparison of Military Spending as % of GDP in Developed Countries Vs Developing Countries for the Years 2000, 2010, 2015 and 2017 (includes corresponding Graph/Chart)

Rapid Expansion of LCCs Expands the MRO Opportunity in Asia-Pacific

Table 12. With a Penetration Rate of Less Than 20%, Asia-Pacific Emerges as a Potential Laden Opportunity in the US$137 Billion Global Low Cost Airlines Market, Offering Opportunities for Right Sized MRO Practices and Procedures: Global Low Cost Airlines Market (In US$ Billion) for the Years 2018, 2020 and 2022 (includes corresponding Graph/Chart)

Cost Competitive PMA Certified Parts Grow in Importance in the MRO Market
Growing Threat of PMA Forces OEMs to Reevaluate their Role in the MRO Market
Need to Reduce Operating Costs Drives Growth in MRO Outsourcing Services
Low Cost Developing Countries Emerge as MRO Hubs
Narrowing Wage Differentials Threaten to Disrupt MRO Outsourcing
Growing Use of Composites in Airframes Challenge MRO Providers to Seek for Improved Tools and Techniques
Surging Demand for Engine MRO Boosts Growth of Global MRO Market
Challenges of New and Next-Generation Engines Sets the Stage for OEM-MRO Partnerships
Labour Intensive MRO Industry to Face Impending Shortage of Skilled Technicians

Table 13. Number of MRO Maintenance Technicians (In 1,000s) in the US for the Years 2015, 2018, 2022 and 2027 (includes corresponding Graph/Chart)

Market Outlook

3. CONCEPTUAL OVERVIEW

Aircraft MRO (Maintenance, Repair and Overhaul): A Definition
Major Areas of Aircraft Maintenance, Repair and Overhaul Include -
World Aviation MRO Market - Types of Repairs and Maintenance under Each Segment
Development of the MRO Industry Through the Years
Flowchart of an Efficient MRO Supply Chain System
Aircraft MRO Functioning and Processes
Types of MRO Maintenance Activities
Routine MRO Activity
Non-Routine MRO Activity
Modification
Maintenance Schedules and Approval Systems
A-Check/Minor Check
B-Check
C-Check/Major Check
IL-Check
D-Check
Military Aircraft MRO: A Definition
Field Maintenance
Airframe Heavy Maintenance
Aircraft Components & Systems
Engine Overhaul
Commercial Aircraft MRO: A Definition
Airframe Heavy Maintenance
Aircraft Modifications
Components Maintenance
Engine Overhaul
Line Maintenance
Aircraft MRO Norms and Regulations: An Overview

4. COMPETITIVE LANDSCAPE

4.1 Focus on Select Players
AAR Corp (USA)
Aeroman (El Salvador)
AIRBUS SAS (France)
Air France KLM Engineering & Maintenance (France)
Ameco Beijing (China)

AMETEK MRO (USA)

Aviation Technical Services, Inc. (USA)
Bedek Aviation Group (Israel)
Bombardier, Inc. (Canada)
Delta TechOps (USA)
GMF AeroAsia (Indonesia)
Honeywell International Inc. (USA)
Hong Kong Aircraft Engineering Company (Hong Kong)
Lufthansa Technik AG (Germany)
MTU AeroEngines AG (Germany)
Sabena Technics (France)
Singapore Technologies Aerospace (ST Aerospace) (Singapore)
SR Technics (Switzerland)
SIA Engineering Company (Singapore)
STAECO (China)
​TAP Maintenance & Engineering (​​Portugal)
The Boeing Company (USA)
4.2 Recent Industry Activity
HAECO ITM Enters into Agreement with Philippine Airlines
ST Aerospace Signs MOU with Vietnam Airlines to Set Up a Joint Venture
KLM UK Engineering Signs Line Maintenance Contract with SAS
SIA Engineering Signs Service Agreement with SilkAir for Boeing 737 MAX Aircraft
Royal Jordanian Airlines Signs Service Contract with Spairliners
Ameco Signs Business Jet Maintenance Agreement with Sino Jet
Jet Aviation to Acquire Hawker Pacific
Air France Industries KLM Engineering & Maintenance Signs Agreement with Boeing
SIA Engineering Signs IFEC Maintenance Agreement with Thales
Day & Zimmermann Acquires M2 Services Corporation
AAR Signs Repair, Overhaul License, and Parts Supply Agreements with Honeywell
Duncan Aviation Acquires Capital MRO Repair Services
MTU Maintenance Signs Maintenance Contract with Tunisair Technics
GE Aviation Opens Support Centre in Dubai
KLM UK Engineering Signs Contract with BA CityFlyer
AFI KLM E&M Enters into Support Contract with Air Corsica
SR Technics Adds Basel to its Service Line
PAG Signs MRO Service Agreement with Honeywell Aerospace
Asiana Airlines Signs Five-Year Contract with Lufthansa Technik
KLM UK Engineering Signs Airframe Maintenance Contract with Braathens Regional
AAR Wins Indefinite-Delivery/Indefinite-Quantity Contract from NAVAIR
AAR and Indamer Aviation Jointly Ventures for MRO Facility
SIA Engineering Signs Joint Venture Agreement with GE Aviation
SR Technics Extends the Engine Maintenance Partnership with Ural Airlines
Etihad Airways Engineering Wins Maintenance Contracts from Kenya Airways
AAR Signs Component Repair Contract with Utair
Airinmar Partners with Azul to Enhance Supply Chain Management
KLM UK Engineering Signs Line Maintenance Agreement with Finnair
AirAsia X and AFI KLM E&M Extends A330 Component Support Contract
KLM UK Engineering Signs Airframe Maintenance Contract with West Atlantic UK
Lufthansa Technik and MTU Aero Engines Jointly Ventures for MRO
Korea Aerospace Industries to Establish MRO Firm
Air Arabia Signs Full Engine Support Contract with AFI KLM E&M
AFI KLM E&M and Kuwait Airways Signs GE90 Engine Support Contract
SIA Engineering and AIESL Enters into Collaboration for MRO Services
AAR Signs Five-Year MRO Contract with Air Canada
AAR Signs 10-year MRO Contract for Air Canada’s Embraer E-190 Fleet
MTU Maintenance and Air Burkina Signs Three-Year Maintenance Contract
Kellstrom Aerospace Group Acquires Vortex Aviation
AAR Signs Component Support Agreement with Wataniya Airways
AFI KLM E&M and Rolls-Royce Enters into Trent XWB Engine MRO Agreement
Safran Aircraft Engines and AFI KLM E&M Introduces Joint Venture Airfoils Advanced Solutions
GMF AeroAsia and AFI KLM E&M Extends the MRO Partnership
Airbus and THAI to Evaluate New MRO Facility
AFI KLM E&M and Beijing General Aviation Forms Joint Venture for Aircraft Maintenance
SR Technics Signs Maintenance Agreements with easyJet
Aviation Technical Services Acquires Texas Pneumatics Systems
HNA Aviation to Acquire Majority Stake in SR Technics

5. GLOBAL MARKET PERSPECTIVE

Table 14. World Recent Past, Current and Future Analysis for Aircraft MRO by Geographic Region/ Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 15. World Historic Review for Aircraft MRO by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 16. World 14-Year Perspective for Aircraft MRO by Geographic Region/Country - Percentage Breakdown of Revenue for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

Aircraft MRO Market by Maintenance Types

Table 17. World Recent Past, Current and Future Analysis for Heavy Airframe Maintenance Type by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 18. World Historic Review for Heavy Airframe Maintenance Type by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 19. World 14-Year Perspective for Heavy Airframe Maintenance Type by Geographic Region/ Country - Percentage Breakdown of Revenue for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

Table 20. World Recent Past, Current and Future Analysis for Modifications Type by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 21. World Historic Review for Modifications Type by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 22. World 14-Year Perspective for Modifications Type by Geographic Region/Country - Percentage Breakdown of Revenue for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

Table 23. World Recent Past, Current and Future Analysis for Components Maintenance Type by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 24. World Historic Review for Components Maintenance Type by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 25. World 14-Year Perspective for Components Maintenance Type by Geographic Region/Country - Percentage Breakdown of Revenue for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

Table 26. World Recent Past, Current and Future Analysis for Engine Overhaul Type by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 27. World Historic Review for Engine Overhaul Type by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 28. World 14-Year Perspective for Engine Overhaul Type by Geographic Region/Country - Percentage Breakdown of Revenue for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

Table 29. World Recent Past, Current and Future Analysis for Line Maintenance Type by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 30. World Historic Review for Line Maintenance Type by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 31. World 14-Year Perspective for Line Maintenance Type by Geographic Region/Country - Percentage Breakdown of Revenue for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

6. REGIONAL MARKET PERSPECTIVE

6.1 The United States
A. Market Analysis
Current & Future Analysis
Market Overview
Advanced Technology Airframe Platforms Coming Online: A Key Challenge for MRO Operators
B. Market Analytics

Table 32. US Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 33. US Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 34. US 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

6.2 Canada
A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 35. Canadian Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 36. Canadian Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 37. Canadian 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

6.3 Japan
A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 38. Japanese Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 39. Japanese Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 40. Japanese 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

6.4 Europe
A. Market Analysis
Current & Future Analysis
Market Overview
Airlines
Airline-Affiliates
Independents
Prime Manufacturers
Component OEMs
New/Future MRO Market Structure
Eastern Europe Set to Become Low Cost MRO Hub
Continued Rise in Labor Costs in Eastern European Countries: Forces MRO Operators to Innovate and Enhance Their Service Offerings
B. Market Analytics

Table 41. European Recent Past, Current and Future Analysis for Aircraft MRO by Geographic Region/Country - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 42. European Historic Review for Aircraft MRO by Geographic Region/Country - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 43. European 14-Year Perspective for Aircraft MRO by Geographic Region/Country - Percentage Breakdown of Revenue for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

Table 44. European Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 45. European Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 46. European 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

  6.4.1 France
A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 47. France Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 48. France Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 49. France 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

  6.4.2 Germany
A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 50. Germany Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 51. Germany Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 52. Germany 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

  6.4.3 Italy
A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 53. Italian Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 54. Italian Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 55. Italian 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

  6.4.4 The United Kingdom
A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 56. UK Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 57. UK Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 58. UK 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

  6.4.5 Spain
A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 59. Spanish Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 60. Spanish Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 61. Spanish 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

  6.4.6 Russia
A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 62. Russian Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 63. Russian Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 64. Russian 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

  6.4.7 Rest of Europe
A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 65. Rest of Europe Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 66. Rest of Europe Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 67. Rest of Europe 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

6.5 Asia-Pacific
A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 68. Asia-Pacific Recent Past, Current and Future Analysis for Aircraft MRO by Geographic Region/Country - China, India, Singapore, South Korea and Rest of Asia-Pacific Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 69. Asia-Pacific Historic Review for Aircraft MRO by Geographic Region/Country - China, India, Singapore, South Korea and Rest of Asia-Pacific Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 70. Asia-Pacific 14-Year Perspective for Aircraft MRO by Geographic Region/Country - Percentage Breakdown of Revenue for China, India, Singapore, South Korea and Rest of Asia-Pacific Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

Table 71. Asia-Pacific Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 72. Asia-Pacific Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 73. Asia-Pacific 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

  6.5.1 China
A. Market Analysis
Current & Future Analysis
China’s Aviation Market - New Growth Strategies
B. Market Analytics

Table 74. Chinese Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 75. Chinese Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 76. Chinese 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

  6.5.2 India
A. Market Analysis
Current & Future Analysis
Market Overview
B. Market Analytics

Table 77. Indian Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 78. Indian Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 79. Indian 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

  6.5.3 Singapore
A. Market Analysis
MRO Market in Singapore
B. Market Analytics

Table 80. Singapore Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 81. Singapore Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 82. Singapore 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

  6.5.4 South Korea
Market Analysis

Table 83. South Korean Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 84. South Korean Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 85. South Korean 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

  6.5.5 Rest of Asia-Pacific
A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 86. Rest of Asia-Pacific Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 87. Rest of Asia-Pacific Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 88. Rest of Asia-Pacific 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

6.6 The Middle East & Africa
A. Market Analysis
Current & Future Analysis
Market Overview
B. Market Analytics

Table 89. The Middle East & Africa Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 90. The Middle East & Africa Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 91. The Middle East & Africa 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

6.7 Latin America
A. Market Analysis
Current & Future Analysis
Brazil
Market Opportunities for Varied Aviation Sectors in Brazil
Helicopters
Commercial and Corporate Aviation
Military Aviation
B. Market Analytics

Table 92. Latin America Recent Past, Current and Future Analysis for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 93. Latin America Historic Review for Aircraft MRO by Maintenance Type - Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 94. Latin America 14-Year Perspective for Aircraft MRO by Maintenance Type - Percentage Breakdown of Revenue for Heavy Airframe Maintenance, Modifications, Components Maintenance, Engine Overhaul and Line Maintenance Markets for Years 2011, 2018, and 2024 (includes corresponding Graph/Chart)

7. COMPANY PROFILES

Total Companies Profiled: 76 (including Divisions/Subsidiaries - 89)
The United States (28)
Canada (4)
Europe (26)
  France (6)
  Germany (4)
  The United Kingdom (8)
  Rest of Europe (8)
Asia-Pacific (Excluding Japan) (21)
Middle East (4)
Latin America (3)
Africa (3)