The world market for commercial aircraft parts manufacturer approval (PMA) market will reach $9.75bn in 2015, and prospects for the market over the next decade are significant. With an expanding range of international opportunities and increased demands to enhance cost-effectiveness in the aviation industry, both in the air transport sector and aircraft manufacturing sector, the commercial aircraft PMA market represents a market space which is expected to sustain levels of growth in the near future.
William Li, a Senior Aviation Analyst & Consultant and the author of the Commercial Aircraft Parts Manufacturer Approval (PMA) Market Forecast 2015-2025: OEM vs Non-OEM Licensed Parts report commented that “The debates between OEM and PMA manufacturers are continuing to take place, but we are seeing improvements in these relationships. OEM’s actively participate in the PMA community under the OEM-PMA Licensing Agreement as it is one of the most efficient ways to obtain both Design and Production Approval. Despite this, PMA manufacturers will still face pressure to improve PMA and the overall aerospace industry. To seek a more sustainable situation, more cooperation may be involved from both the PMA and OEM sides”.
The 318 pages report contains 153 tables, charts and graphs that add visual analysis in order to explain developing trends within the commercial aircraft parts manufacturer approval (PMA) market. The report provides forecasts for the period 2015-2025 in terms of value (US$) for the global commercial aircraft PMA market. This is broken down into 5 primary submarkets; (Aircraft Aftersales OEM licensed PMA Parts, Aircraft Line-Fit Cabin Interiors & IFEC PMA Parts, Aircraft Line-Fit Engine & Avionics PMA Parts, Aircraft Line-Fit Airframe Systems & Other PMA Parts and Aircraft Aftersales Non-OEM Licensed PMA Parts). The Aircraft Aftersales Non-OEM Licensed PMA Parts is then broken down into 3 secondary submarkets; (Engines, Components, and Airframes). In addition, the 6 regional commercial aircraft non-OEM licensed PMA parts markets are analysed by the report over the period 2015-2025 (North America, Europe, Asia-Pacific, Middle East, South America and Africa). The report also provides detail profiles of 12 leading companies, and lists of more than 450 companies operating within the commercial aircraft PMA market. The report is also enhanced by 4 exclusive industry interviews with ADPma LLC, GE Aviation, HEICO Corporations and Unison Industries LLC providing expert insight alongside the reports analyses.
The Commercial Aircraft Parts Manufacturer Approval (PMA) Market Forecast 2015-2025: OEM vs Non-OEM Licensed Parts report will be of value to current and future potential investors into the commercial aircraft PMA industry, as well as companies and research centres who wish to broaden their knowledge of the commercial aircraft parts manufacturer approval (PMA) market.
Source: ASDReports - Market Research
Date: Jul 7, 2015