Global Military Aviation MRO Market 2015-2019
About Military Aviation MRO
MRO plays an important role in sustaining the life of an aircraft. It is an umbrella term for all the services that assure the safety and airworthiness of an aircraft. MRO activities include routine check-up of the aircraft and complete overhaul of the engine. Military aviation MRO is defined as the maintenance, repair, and overhaul of military aircrafts such as fighter jets, helicopters, and unmanned aerial vehicles.
TechNavio's analysts forecast the Global Military Aviation MRO market to grow at a CAGR of 3.16 percent over the period 2014-2019.
Covered in this Report
The Global Military Aviation MRO market can be segmented into four divisions: Line Maintenance MRO, Airframe MRO, Component MRO, and Engine MRO. These are sets of methodologies and technologies that transform unstructured and structured data into meaningful and useful information processes.
TechNavio's report, Global Military Aviation MRO Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, the APAC region, Europe, and the ROW, it also covers the Global Military Aviation MRO market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – Global Military Aviation MRO Market 2015-2019
TechNavio recognizes the following companies as the key players in the Global Military Aviation MRO Market: Airbus SAS, Honeywell Aerospace Inc., Lockheed Martin Corp., Northrop Grumman Corp. and Rolls-Royce plc.
Other Prominent Vendors in the market are: Air Works, Alenia Aermacchi, AMMROC, BAE Systems, Boeing Defense, Space and Security, Dassault Aviation, DynCorp International, Embraer Defense and Security, GE Aviation, Hindustan Aeronautics, L3 Communications Holdings, Pratt & Whitney, RUAG Aviation, Safran and ST Aerospace.
Commenting on the report, an analyst from TechNavio’s team said: “An increase in demand for MRO services from developing countries is one of the major trends in the market. Developing countries are strengthening their air forces, because of growing tension among countries and across borders, and a rise in threats from terrorists, resulting in an increase in the demand for military aviation MRO services.”
According to the report, one of the key factors driving the market is the aging military aircraft fleet. The economic turmoil of 2008-2009 had an adverse effect on government budgets, which delayed their air force expansion plans. As a result, countries preferred to repair their existing aircraft, and this has led to a rise in demand for military aviation MRO services.
Further, the report states that one of the key challenges that the market faces is the environmental hazards, as materials, gases, and fluids that are released after the services are contagious and harmful for the environment.
Airbus , Honeywell International , Lockheed Martin , Northrop Grumman , Rolls-Royce , Air Works, Alenia Aermacchi , AMMROC, BAE Systems, Boeing Defense, Space and Security, Dassault Aviation, DynCorp International, Embraer Defense and Security, GE Aviation,Hindustan Aeronautics, L3 Communications Holdings , Pratt & Whitney, RUAG Aviation, Safran , ST Aerospace
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