Aerospace & Defense MRO Market Research Report by Product, Service Provider, Aircraft, Application, End-use, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19

The Global Aerospace & Defense MRO Market size was estimated at USD 48.92 billion in 2021 and expected to reach USD 57.54 billion in 2022, and is projected to grow at a CAGR 17.87% to reach USD 131.22 billion by 2027.

Market Statistics:
The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:
This research report categorizes the Aerospace & Defense MRO to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Product, the market was studied across Airframe, Component, Engine, and Line.

Based on Service Provider, the market was studied across Airline Third Party, Independent, OEM, and Operator/Airline In-house.

Based on Aircraft, the market was studied across Narrowbody, Regional Jet, Turboprop, and Widebody.

Based on Application, the market was studied across Narrow Body Aircraft, Regional Aircraft, and Wide Body Aircraft.

Based on End-use, the market was studied across Business & General Aviation, Commercial Aviation, and Military Aviation.

Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Cumulative Impact of 2022 Russia Ukraine Conflict:
We continuously monitor and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Aerospace & Defense MRO market considering the current update on the conflict and its global response.

Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Aerospace & Defense MRO Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:
The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Aerospace & Defense MRO Market, including AAR Corporation, Air France–KLM S.A., Airbus SE, Avia Solutions Group PLC, Aviation Technical Services Inc., Barnes Group Inc., Delta Air Lines, Inc., GE Aviation, General Dynamics Corporation, Lockheed Martin Corporation, Lufthansa Technik AG, Magnetic MRO AS, Rolls-Royce plc, Safran S.A., SIA Engineering Company (SIAEC) Ltd., Singapore Technologies Engineering Ltd., Spirit AeroSystems, Inc., Thales Group, The Boeing Company, and Turkish Technic Inc..

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Global Aerospace & Defense MRO Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Aerospace & Defense MRO Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Aerospace & Defense MRO Market?
4. What is the competitive strategic window for opportunities in the Global Aerospace & Defense MRO Market?
5. What are the technology trends and regulatory frameworks in the Global Aerospace & Defense MRO Market?
6. What is the market share of the leading vendors in the Global Aerospace & Defense MRO Market?
7. What modes and strategic moves are considered suitable for entering the Global Aerospace & Defense MRO Market?

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing homeland security conflicts coupled with expanding military aerospace sector
5.1.1.2. Rising governmental spending on military and defense sectors across the globe
5.1.1.3. Growing presence of aging commercial and military aircraft fleets
5.1.2. Restraints
5.1.2.1. Growth in original equipment manufacturer (OEM) aftermarket presence
5.1.3. Opportunities
5.1.3.1. Stringent governmental rules and regulations against the environmental pollution by aerospace industry
5.1.3.2. Emergence of Artificial Intelligence (AI) and Machine Learning (ML) in aerospace and defense MRO solutions
5.1.4. Challenges
5.1.4.1. Issues associated with labour shortage in the maintenance technician field
5.2. Cumulative Impact of COVID-19

6. Aerospace & Defense MRO Market, by Product
6.1. Introduction
6.2. Airframe
6.3. Component
6.4. Engine
6.5. Line

7. Aerospace & Defense MRO Market, by Service Provider
7.1. Introduction
7.2. Airline Third Party
7.3. Independent
7.4. OEM
7.5. Operator/Airline In-house

8. Aerospace & Defense MRO Market, by Aircraft
8.1. Introduction
8.2. Narrowbody
8.3. Regional Jet
8.4. Turboprop
8.5. Widebody

9. Aerospace & Defense MRO Market, by Application
9.1. Introduction
9.2. Narrow Body Aircraft
9.3. Regional Aircraft
9.4. Wide Body Aircraft

10. Aerospace & Defense MRO Market, by End-use
10.1. Introduction
10.2. Business & General Aviation
10.3. Commercial Aviation
10.4. Military Aviation

11. Americas Aerospace & Defense MRO Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Aerospace & Defense MRO Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Aerospace & Defense MRO Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.1.1. Quadrants
14.1.2. Business Strategy
14.1.3. Product Satisfaction
14.2. Market Ranking Analysis, By Key Player
14.3. Market Share Analysis, By Key Player
14.4. Competitive Scenario
14.4.1. Merger & Acquisition
14.4.2. Agreement, Collaboration, & Partnership
14.4.3. New Product Launch & Enhancement
14.4.4. Investment & Funding
14.4.5. Award, Recognition, & Expansion

15. Company Usability Profiles
15.1. AAR Corporation
15.1.1. Business Overview
15.1.2. Key Executives
15.1.3. Product & Services
15.2. Air France–KLM S.A.
15.2.1. Business Overview
15.2.2. Key Executives
15.2.3. Product & Services
15.3. Airbus SE
15.3.1. Business Overview
15.3.2. Key Executives
15.3.3. Product & Services
15.4. Avia Solutions Group PLC
15.4.1. Business Overview
15.4.2. Key Executives
15.4.3. Product & Services
15.5. Aviation Technical Services Inc.
15.5.1. Business Overview
15.5.2. Key Executives
15.5.3. Product & Services
15.6. Barnes Group Inc.
15.6.1. Business Overview
15.6.2. Key Executives
15.6.3. Product & Services
15.7. Delta Air Lines, Inc.
15.7.1. Business Overview
15.7.2. Key Executives
15.7.3. Product & Services
15.8. GE Aviation
15.8.1. Business Overview
15.8.2. Key Executives
15.8.3. Product & Services
15.9. General Dynamics Corporation
15.9.1. Business Overview
15.9.2. Key Executives
15.9.3. Product & Services
15.10. Lockheed Martin Corporation
15.10.1. Business Overview
15.10.2. Key Executives
15.10.3. Product & Services
15.11. Lufthansa Technik AG
15.11.1. Business Overview
15.11.2. Key Executives
15.11.3. Product & Services
15.12. Magnetic MRO AS
15.12.1. Business Overview
15.12.2. Key Executives
15.12.3. Product & Services
15.13. Rolls-Royce plc
15.13.1. Business Overview
15.13.2. Key Executives
15.13.3. Product & Services
15.14. Safran S.A.
15.14.1. Business Overview
15.14.2. Key Executives
15.14.3. Product & Services
15.15. SIA Engineering Company (SIAEC) Ltd.
15.15.1. Business Overview
15.15.2. Key Executives
15.15.3. Product & Services
15.16. Singapore Technologies Engineering Ltd.
15.16.1. Business Overview
15.16.2. Key Executives
15.16.3. Product & Services
15.17. Spirit AeroSystems, Inc.
15.17.1. Business Overview
15.17.2. Key Executives
15.17.3. Product & Services
15.18. Thales Group
15.18.1. Business Overview
15.18.2. Key Executives
15.18.3. Product & Services
15.19. The Boeing Company
15.19.1. Business Overview
15.19.2. Key Executives
15.19.3. Product & Services
15.20. Turkish Technic Inc.
15.20.1. Business Overview
15.20.2. Key Executives
15.20.3. Product & Services

16. Appendix
16.1. Discussion Guide
16.2. License & Pricing