Aircraft Line Maintenance Market Research Report Information Global Forecast 2027

Aircraft Line Maintenance Market Research Report – Global Forecast till 2027 Aircraft Line Maintenance Market Research Report - Global Forecast till 2027 P a g e |1 Copyright © 2017 Market Research Future.

Aircraft Line Maintenance Market Research Report – Global Forecast till 2027 1 Summary Line maintenance MRO entails full technical handling such as transit, pre-flight checks, daily checks, and weekly checks. Through line maintenance, the firms provide assistance in fuel checks, headset maintenance and repair, and on call handling. Growing international trade between countries have increased the frequencies of cargo planes. Thus, it is essential to conduct timely checks or repairs of airplane to ensure efficient performance and safe air travel. As of 2016, there were more than 22,000 active commercial wide body and narrow body aircraft across the globe. These existing commercial fleets are expected to be replaced by more than 40,000 new aircraft, over the next 20 years, and the global fleet is likely to reach 45,000 aircraft by 2036. Moreover, the high demand for air travel in the emerging regions, such as Asia, Latin America, and the Middle East, leads to an increase in the number of aircraft in these regions. As a result, approximately 22,000 commercial aircraft are expected to be delivered to these regions in the next 20 years. On the other hand, it is expected that over 15,000 commercial aircraft would be delivered in developed regions such as North America and Europe, by 2036. Moreover, the global military aircraft fleet, as of 2016, was over 53,000, with the US having the largest share (26%) of the military planes, followed by Russia (7%), China (6%), and India (4%). With the increase in defence budgets in a number of countries, there have been high development and procurement of military aircraft, in the recent years. P a g e |2 Copyright © 2017 Market Research Future.

Aircraft Line Maintenance Market Research Report – Global Forecast till 2027 2 Key Players: The leading market players in the global aircraft line maintenance market primarily include Delta TechOps, Lufthansa Technik, Monarch Aircraft Engineering, SIA Engineering Company, SR Technics, British Airways Engineering, Hong Long Aircraft Engineering, TAP Maintenance & Engineering, and Turkish Technic. P a g e |3 Copyright © 2017 Market Research Future.

Aircraft Line Maintenance Market Research Report – Global Forecast till 2027 3 Aircraft Line Maintenance Market – Competitive Analysis The global aircraft line maintenance market is characterized by the presence of many global, regional, and local vendors. The market is highly competitive with all the players competing to gain the maximum market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are the key factors that confront the market growth. In addition, in-house manufacturing capabilities, global footprint network, product offerings, R&D investments, and a strong client base have become the key areas to have the edge over the competitors. The vendors compete based on cost, product quality, reliability, and aftermarket service. It is crucial for the vendors to provide advanced and high-quality aircraft line maintenance so as to survive and succeed in an intensely competitive market environment. Industry/ Innovation/ Related News: October, 2017:- Monarch Aircraft Engineering Limited (MAEL) signed a contract with the China Airlines to carry out line maintenance on its aircraft. August, 2017:- FEAM Maintenance announced its agreement with the Emirates airline to provide the full handling line maintenance services for the Boeing 777 passenger and freighter aircraft, at the Chicago O'Hare International Airport. October, 2016 - SR Technics signed several maintenance agreements with easyJet, a British airline, thereby extending its partnership. Under the contract, the company would provide line maintenance services to the aircraft fleet of easyJet, at its line and light base maintenance stations in the UK and Switzerland. P a g e |4 Copyright © 2017 Market Research Future.

Aircraft Line Maintenance Market Research Report – Global Forecast till 2027 P a g e |5 Copyright © 2017 Market Research Future.