Aircraft MRO Market Growth, Share and Size | 2030
The global aircraft MRO market size has been segmented into five major regions: North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). The global air passenger traffic is increasing at a constant pace, which has forced the airlines to increase their flight movements and introduce new aircraft. Aircraft MRO activities are essential in keeping up component availability, consistency, and quality. Airline operators depend on MRO services to ensure the safety of the aircraft and enhance fuel efficiency. The aircraft MRO market has become a viable business in the aviation industry since original equipment manufacturers (OEMs) mainly focus on the development of aircraft. In most of the regions of the world, economic performance has been remarkable over the last few years, largely due to better consumer buying power, growing equity markets, and industry consolidation. In spite of Brexit and various other trade barriers, the global aircraft MRO market have remained relatively stable.
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Top Key Major Players:-
- AAR, Barnes Group Inc
- Collins Aerospace
- Delta TechOps
- FLTechnics
- UAB
- GE Aviation
- Lufthansa Technik
- Rolls-Royce plc
- Singapore Technologies Engineering Ltd
- Turkish Technic Inc
