Aircraft MRO Market 2020 (Impact of COVID-19) Challenges, Demand and Future Growth Analysis till 2027

Sep 21, 2020 8:11 AM ET
iCrowd Newswire – Sep 21, 2020

The Aircraft MRO market in global is expected to grow from US$ 80.38 Bn in 2018 to US$ 119.41 Bn by the year 2027. This represents a CAGR of 4.6% from the year 2019 to 2027.

Aircraft MRO Market 2020-2027 Global Industry research report explores analysis of historical data along with size, share, growth, demand and revenue of the global Aircraft MRO and estimates the future trend of market on the basis of this detailed study. The study shares market performance both in terms of volume and revenue and this factor which is useful & helpful to the business.

This report covers the critical market information considering the rapid progression & wide-ranging impacts of COVID-19 virus on the global economy, and help you understand which countries or business segments are likely to get most affected.

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Aircraft MRO market – Global Analysis to 2027 is an exclusive and in-depth study which provides a comprehensive view of the market includes the current trend and future amplitude of the market with respect to the products/services. The report provides an overview of the Aircraft MRO market with the detailed segmentation by type, application, and region through in-depth traction analysis of the overall virtual reality industry. This report provides qualified research on the market to evaluate the key players by calibrating all the relevant products/services to understand the positioning of the major players in Aircraft MRO market.

Strategic Insights

The market players present in the aircraft MRO market are mainly focusing on product enhancements by implementing advanced technologies. Few of the recent developments are listed below:

2019: AAR inked a three-year contract with JetBlue to offer component value engineering cost oversight services for the airline’s Airbus and Embraer fleets.

2019: Delta TechOps signed engine maintenance service agreement which covers PW4060 engine maintenance for about 6 years supporting the airline’s Boeing 767 fleet.

2019: GE Aviation and Sanad Aerotech entered into an agreement for the Abu Dhabi-based MRO to offer maintenance services for GE’s GEnx-1B engines and overhauls on CFM International’s Leap engines.

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