Press release
Air Transport MRO Market Size, Scope Analysis, Key Insights, Leading Key Players, And Forecast To 2033
The new report published by The Business Research Company, titled "Air Transport MRO Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the air transport mro market size has grown strongly in recent years. It will grow from $84.68 billion in 2023 to $89.98 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The air transport mro market size is expected to see strong growth in the next few years. It will grow to $114.1 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=9357&type=smp
Rising Air Travel Propels Growth In The Air Transport Mro Market
The increasing air travel is expected to boost the growth of the air transport MRO market going forward. Air travel refers to any movement of passengers or cargo by any conveyance that can sustain controlled flight. MRO for air transport is crucial for boosting flight readiness and extending the lifespan of an aircraft's airframe, engines, and other parts, so increased air travel is expected to boost the air transport MRO market. For instance, in April 2022, according to the International Air Transport Association (IATA), a US-based trade association of the global airline industry, the overall demand for air travel increased by 78.7% compared to April 2021 and was somewhat higher than the 76.0% growth in March 2022. It saw a 480.0% increase in international traffic for European carriers. 233.5% more capacity was available, and the load factor increased by 33.7 percentage points to 79.4%. Therefore, increasing air travel is driving the growth of the air transport MRO market.
Technological Advancements In The Air Transport Mro Market
Technological advancement is the key trend gaining popularity in the air transport MRO market. Major companies operating in the air transport MRO market are focusing on developing new technologies. For instance, in May 2022, Jet Support Services, Inc. (JSSI), a US-based provider of aircraft maintenance support and financial services, launched JSSI Maintenance Software. The unique feature of JSSI Maintenance Software is its range of aircraft maintenance tracking and maintenance, repair, and overhaul (MRO) software solutions. Jet Support Services, Inc. (JSSI) is concentrating on integrating and growing these cutting-edge technologies to provide improved value to its clients.
The air transport mro market covered in this report is segmented -
1) By Type: Engine, Line, Airframes, Other Types
2) By Service: Heavy Maintenance Inspection, Engine Service Check, Component Maintenance, Line Maintenance, Avionic Standardization, Aircraft Conversions
3) By Aircraft Type: Narrow Body Aircraft, Wide-Body Aircraft, Regional Jet, Turbo Prop, Other Aircraft Types
4) By Application: Civil Air Transport MRO, Military Air Transport MRO
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=9357&type=discount
Major companies operating in the air transport mro market report are AAR Corp., Delta Air Lines Inc., Deutsche Lufthansa AG, John Swire & Sons Limited, Airbus SE, Collins Aerospace, Air France Industries and KLM Engineering & Maintenance, HAECO Group, MTU Aero Engines AG, British Airways, Turkish Technic Inc., General Electric Company, Iberia Líneas Aéreas de España S.A., SIA Engineering Company Limited, Bombardier Inc., Lufthansa Technik AG, Safran SA, Raytheon Technologies Corporation, Singapore Technologies Engineering Ltd., Guangzhou Aircraft Maintenance Engineering Company Limited, StandardAero, Air Works Group, AJW Group, Gama Aviation, Erickson Inc., Hong Kong Aircraft Engineering Company Limited, ST Engineering Aerospace, The Boeing Company, Rolls-Royce Holdings, Honeywell International Inc. .
Contents of the report:
1. Executive Summary
2. Air Transport MRO Market Report Structure
3. Air Transport MRO Market Trends And Strategies
4. Air Transport MRO Market - Macro Economic Scenario
5. Air Transport MRO Market Size And Growth
…..
27. Air Transport MRO Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/air-transport-mro-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
As per the report, the air transport mro market size has grown strongly in recent years. It will grow from $84.68 billion in 2023 to $89.98 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The air transport mro market size is expected to see strong growth in the next few years. It will grow to $114.1 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=9357&type=smp
Rising Air Travel Propels Growth In The Air Transport Mro Market
The increasing air travel is expected to boost the growth of the air transport MRO market going forward. Air travel refers to any movement of passengers or cargo by any conveyance that can sustain controlled flight. MRO for air transport is crucial for boosting flight readiness and extending the lifespan of an aircraft's airframe, engines, and other parts, so increased air travel is expected to boost the air transport MRO market. For instance, in April 2022, according to the International Air Transport Association (IATA), a US-based trade association of the global airline industry, the overall demand for air travel increased by 78.7% compared to April 2021 and was somewhat higher than the 76.0% growth in March 2022. It saw a 480.0% increase in international traffic for European carriers. 233.5% more capacity was available, and the load factor increased by 33.7 percentage points to 79.4%. Therefore, increasing air travel is driving the growth of the air transport MRO market.
Technological Advancements In The Air Transport Mro Market
Technological advancement is the key trend gaining popularity in the air transport MRO market. Major companies operating in the air transport MRO market are focusing on developing new technologies. For instance, in May 2022, Jet Support Services, Inc. (JSSI), a US-based provider of aircraft maintenance support and financial services, launched JSSI Maintenance Software. The unique feature of JSSI Maintenance Software is its range of aircraft maintenance tracking and maintenance, repair, and overhaul (MRO) software solutions. Jet Support Services, Inc. (JSSI) is concentrating on integrating and growing these cutting-edge technologies to provide improved value to its clients.
The air transport mro market covered in this report is segmented -
1) By Type: Engine, Line, Airframes, Other Types
2) By Service: Heavy Maintenance Inspection, Engine Service Check, Component Maintenance, Line Maintenance, Avionic Standardization, Aircraft Conversions
3) By Aircraft Type: Narrow Body Aircraft, Wide-Body Aircraft, Regional Jet, Turbo Prop, Other Aircraft Types
4) By Application: Civil Air Transport MRO, Military Air Transport MRO
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=9357&type=discount
Major companies operating in the air transport mro market report are AAR Corp., Delta Air Lines Inc., Deutsche Lufthansa AG, John Swire & Sons Limited, Airbus SE, Collins Aerospace, Air France Industries and KLM Engineering & Maintenance, HAECO Group, MTU Aero Engines AG, British Airways, Turkish Technic Inc., General Electric Company, Iberia Líneas Aéreas de España S.A., SIA Engineering Company Limited, Bombardier Inc., Lufthansa Technik AG, Safran SA, Raytheon Technologies Corporation, Singapore Technologies Engineering Ltd., Guangzhou Aircraft Maintenance Engineering Company Limited, StandardAero, Air Works Group, AJW Group, Gama Aviation, Erickson Inc., Hong Kong Aircraft Engineering Company Limited, ST Engineering Aerospace, The Boeing Company, Rolls-Royce Holdings, Honeywell International Inc. .
Contents of the report:
1. Executive Summary
2. Air Transport MRO Market Report Structure
3. Air Transport MRO Market Trends And Strategies
4. Air Transport MRO Market - Macro Economic Scenario
5. Air Transport MRO Market Size And Growth
…..
27. Air Transport MRO Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/air-transport-mro-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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