Top 20 Commercial Aircraft MRO Companies ''Account for a Dominant Share of the Market''
The report, now available on ASDReports, the commercial aircraft maintenance, repair & overhaul (MRO) market is an essential element of commercial air transport to ensure that aircraft are maintained in conditions of airworthiness that are determined by international and national regulators. The market is influenced by trends of the wider air transport sector with growth and aircraft fleet expansion generating opportunities for MRO services to accommodate an increase in capacity.
The top 20 commercial aircraft MRO companies are assessed by visiongain as having a dominant position within the market. The companies at the top range of this sample have a significant position in the market and are widely recognised throughout the commercial aviation industry. At the lower end, company shares are relatively small and indicate that the MRO market is quite fragmented with a large number of smaller players.
Top 20 Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Companies 2016
Traditional market players include in-house maintenance divisions of airlines and independent MRO companies. More recently, original equipment manufacturers (OEMs) have increased their presence in the market. On the other hand, there are fewer airlines performing MRO in-house. Overall, this is expected to increase competition in the market, putting pressure on more established players. OEMs are able to leverage technical expertise on specific aircraft, components and engines to gain advantages in terms of price and service offerings. How companies respond to this in the long term remains to be seen, although it is implied that to adapt, businesses will need to demonstrate greater versatility and flexibility in product and service portfolios.
This 327 page report comprehensively profiles the top 20 companies in the commercial aircraft MRO market, providing of each company’s ranking, MRO revenues and market share. Furthermore, each company profile contains detailed information relating to contracts and programmes, product and service information, and in-depth analysis, as well as a SWOT analysis, summarising key opportunities and challenges.
Source : ASDReports - Market Research - view original press release