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Global Aerospace MRO

Publisher GlobalData
Published Jan 12, 2024
SKU # GBDT19139314

Description

Global Aerospace MRO

Summary

Global Aerospace MRO industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, 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 global aerospace MRO market had total revenues of $94,268.3 million in 2023, representing a negative compound annual growth rate (CAGR) of 2.9% between 2018 and 2023.
  • The civil aerospace segment accounted for the market's largest proportion in 2023, with total revenues of $72,374.3 million, equivalent to 76.8% of the market's overall value.
  • The global 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, global government spending in the defense sector stood at $2,221 billion in 2023, an increase of 4.4% 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 the global
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global aerospace mro market
  • 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 Global aerospace mro market with five year forecasts
Reasons to Buy
  • What was the size of the Global aerospace mro market by value in 2023?
  • What will be the size of the Global aerospace mro market in 2028?
  • What factors are affecting the strength of competition in the Global aerospace mro market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the global's aerospace mro market?

Table of Contents

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?
7.4. Has there been any recent development in the market?
8 Company Profiles
8.1. Delta Air Lines Inc
8.2. Deutsche Lufthansa AG
8.3. Air France-KLM SA
8.4. American Airlines Group Inc.
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: Global aerospace mro market value: $ million, 2018-23
Table 2: Global aerospace mro market category segmentation: % share, by value, 2018-2023
Table 3: Global aerospace mro market category segmentation: $ million, 2018-2023
Table 4: Global aerospace mro market geography segmentation: $ million, 2023
Table 5: Global aerospace mro market value forecast: $ million, 2023-28
Table 6: Delta Air Lines Inc: key facts
Table 7: Delta Air Lines Inc: annual financial ratios
Table 8: Delta Air Lines Inc: key employees
Table 9: Delta Air Lines Inc: key employees Continued
Table 10: Deutsche Lufthansa AG: key facts
Table 11: Deutsche Lufthansa AG: annual financial ratios
Table 12: Deutsche Lufthansa AG: key employees
Table 13: Deutsche Lufthansa AG: key employees Continued
Table 14: Air France-KLM SA: key facts
Table 15: Air France-KLM SA: annual financial ratios
Table 16: Air France-KLM SA: key employees
Table 17: Air France-KLM SA: key employees Continued
Table 18: American Airlines Group Inc.: key facts
Table 19: American Airlines Group Inc.: annual financial ratios
Table 20: American Airlines Group Inc.: key employees
Table 21: American Airlines Group Inc.: key employees Continued
Table 22: Global exchange rate, 2019-23
List of Figures
Figure 1: Global aerospace mro market value: $ million, 2018-23
Figure 2: Global aerospace mro market category segmentation: $ million, 2018-2023
Figure 3: Global aerospace mro market geography segmentation: % share, by value, 2023
Figure 4: Global aerospace mro market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the global aerospace mro market, 2023
Figure 6: Drivers of buyer power in the global aerospace mro market, 2023
Figure 7: Drivers of supplier power in the global aerospace mro market, 2023
Figure 8: Factors influencing the likelihood of new entrants in the global aerospace mro market, 2023
Figure 9: Factors influencing the threat of substitutes in the global aerospace mro market, 2023
Figure 10: Drivers of degree of rivalry in the global aerospace mro market, 2023

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