Aircraft Line Maintenance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025
The global aircraft line maintenance market is expected to reach around US$ 25 Billion by 2025 growing at a CAGR of 3.8% during 2020-2025. Aircraft line maintenance refers to various scheduled and unscheduled repairs, inspection and modifications that are aimed at maintaining the overall quality and performance of an aircraft. It also consists of services, such as component replacement and rigging, defect rectification and line station setup and management that aids in the timely resolution of technical defects. These activities are usually carried out when the aircraft is on the ground before takeoff and may or may not require servicing inside a hangar.
Significant growth in the aviation and defense industries is one of the key factors driving the growth of the market. Furthermore, with the increasing air traffic, there is a growing need for highly efficient flight safety mechanisms and security check-ups that can ensure maximum passenger safety. This, along with continual improvements in commercial and other aviation aircraft, is providing a boost to the market growth. Various technological advancements, such as the integration of maintenance equipment with the Internet of Things (IoT), artificial intelligence (AI), machine learning (ML) and big data analytics, are acting as another major growth-inducing factor. IoT enabled systems facilitate accurate identification of defects, timely repairs, greater efficiency and less downtime for the aircraft fleets. Other factors, including rapid urbanization, extensive research and development activities (R&D) in the aviation industry, increasing construction of airports in emerging nations and the implementation of stringent government policies regarding passenger safety are projected to drive the market further.
IMARC Group’s latest report provides a deep insight into the global aircraft line maintenance market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the aircraft line maintenance industry in any manner.
Breakup by Service:
Component Replacement & Rigging Service
Engine & APU Service
Line Station Setup & Management Service
Defect Rectification Service
Aircraft on Ground (AOG) Service
Breakup by Type:
Breakup by Aircraft Type:
Narrow Body Aircraft
Wide Body Aircraft
Very Large Body Aircraft
Breakup by Technology:
Traditional Line Maintenance
Digital Line Maintenance
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined with some of the key players being AMECO, ANA Line Maintenance Technics, Avia Solutions Group, BCT Aviation Maintenance, British Airways, Delta Air Lines, HAECO, Lufthansa, Monarch Aircraft Engineering, Nayak Group, SAMCO Aircraft Maintenance, SIA Engineering Company, SR Technics, STS Aviation Group, Turkish Airlines, etc.
Key Questions Answered in This Report:
How has the global aircraft line maintenance market performed so far and how will it perform in the coming years?
What are the key regional markets?
What is the breakup of the market based on the service?
What is the breakup of the market based on the type?
What is the breakup of the market based on the aircraft type?
What is the breakup of the market based on the technology?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the global aircraft line maintenance market and who are the key players?
What is the degree of competition in the market?
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