Aerospace MRO in South America

Aerospace MRO in South America


Summary

Aerospace MRO in South America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Aerospace MRO refers to the maintenance, repair, and overhaul of an aircraft or its parts. It includes all the actions that have the objective of retaining or restoring the items or components of an aircraft.
  • The South American aerospace MRO market had total revenues of $3,038.2 million in 2023, representing a negative compound annual growth rate (CAGR) of 3% between 2018 and 2023.
  • The civil aerospace segment accounted for the market's largest proportion in 2023, with total revenues of $2,851.2 million, equivalent to 93.8% of the market's overall value.
  • The South American aerospace MRO market experiences robust growth driven by several interconnected factors, such as increasing defense spending, aging aircraft fleets, and stringent regulatory requirements. The upswing in defense spending enhances the need for MRO in military aviation assets, highlighting the market's resilience. For instance, according to GlobalData, South American government spending in the defense sector stood at $36.1 billion in 2023, an increase of 21.8% from the previous year.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace mro market in South America
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace mro market in South America
  • Leading company profiles reveal details of key aerospace mro market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South America aerospace mro market with five year forecasts
Reasons to Buy
  • What was the size of the South America aerospace mro market by value in 2023?
  • What will be the size of the South America aerospace mro market in 2028?
  • What factors are affecting the strength of competition in the South America aerospace mro market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South America's aerospace mro market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. RTX Corporation
8.2. The Boeing Company
8.3. Embraer SA
8.4. Lockheed Martin Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
About GlobalData
List of Tables
Table 1: South America aerospace mro market value: $ million, 2018-23
Table 2: South America aerospace mro market category segmentation: % share, by value, 2018-2023
Table 3: South America aerospace mro market category segmentation: $ million, 2018-2023
Table 4: South America aerospace mro market geography segmentation: $ million, 2023
Table 5: South America aerospace mro market value forecast: $ million, 2023-28
Table 6: RTX Corporation: key facts
Table 7: RTX Corporation: annual financial ratios
Table 8: RTX Corporation: key employees
Table 9: RTX Corporation: key employees Continued
Table 10: The Boeing Company: key facts
Table 11: The Boeing Company: annual financial ratios
Table 12: The Boeing Company: key employees
Table 13: The Boeing Company: key employees Continued
Table 14: The Boeing Company: key employees Continued
Table 15: The Boeing Company: key employees Continued
Table 16: Embraer SA: key facts
Table 17: Embraer SA: annual financial ratios
Table 18: Embraer SA: key employees
Table 19: Embraer SA: key employees Continued
Table 20: Lockheed Martin Corp: key facts
Table 21: Lockheed Martin Corp: annual financial ratios
Table 22: Lockheed Martin Corp: key employees
Table 23: Lockheed Martin Corp: key employees Continued
Table 24: South America exchange rate, 2019-23
List of Figures
Figure 1: South America aerospace mro market value: $ million, 2018-23
Figure 2: South America aerospace mro market category segmentation: $ million, 2018-2023
Figure 3: South America aerospace mro market geography segmentation: % share, by value, 2023
Figure 4: South America aerospace mro market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the aerospace mro market in South America, 2023
Figure 6: Drivers of buyer power in the aerospace mro market in South America, 2023
Figure 7: Drivers of supplier power in the aerospace mro market in South America, 2023
Figure 8: Factors influencing the likelihood of new entrants in the aerospace mro market in South America, 2023
Figure 9: Factors influencing the threat of substitutes in the aerospace mro market in South America, 2023
Figure 10: Drivers of degree of rivalry in the aerospace mro market in South America, 2023

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