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Aircraft Maintenance, Repair & Overhaul in Canada - Industry Market Research Report

Publisher IBISWorld
Published Oct 12, 2024
Length 77 Pages
SKU # IBSS19341057

Description

Aircraft Maintenance, Repair & Overhaul in Canada - Industry Market Research Report


Aircraft Maintenance, Repair & Overhaul in Canada

The Aircraft Maintenance, Repair and Overhaul industry in Canada has been hindered by the COVID-19 pandemic. Industry performance is directly tethered to air traffic patterns, which increases wear and tear on existing aircraft. Since all aircraft require regular maintenance, an increase in the number of flight hours per aircraft facilitates an increase in demand for maintenance, repair and overhaul (MRO) services. Aircraft maintenance, repair and overhaul revenue has been inching downward at a CAGR of 0.6% over the past five years and is expected to total $9.5 billion in 2023, when revenue is projected to jump an estimated 0.6%. Profit has also been declining amid rising purchase costs.

This industry services, repairs, overhauls and maintains aircraft, except on a factory basis, while also providing ancillary support services for air transportation operations including inspections and testing, among other activities. This does not include providing janitorial and cleaning services for airlines or providing food catering services for airlines.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

77 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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