The aircraft line maintenance market is projected to grow from USD 18.47 Billion in 2017 to USD 23.50 Billion by 2023, at a CAGR of 4.10% from 2018 to 2023.
Market Ecosystem
The aircraft line maintenance market has been segmented based on service, type, aircraft type, technology, and region. AMECO (China), ANA Line Maintenance Technics (Japan), Avia Solutions Group (Lithuania), BCT Aviation Maintenance (UK), British Airways (UK), Delta TechOps (US), HAECO (Hong Kong), Lufthansa Technik (Germany), Monarch Aircraft Engineering (UK), Nayak Group (Germany), SAMCO Aircraft Maintenance (Netherlands), SIA Engineering (Singapore), STS Aviation Group (US),Turkish Technic (Turkey), and United Technical Operations (US), among others are the key players operating in the aircraft line maintenance market. Contracts, new product launches, agreements, joint ventures, and partnerships are the major strategies adopted by the key players in the aircraft line maintenance market.
The objective of this study is to analyze, define, describe, and forecast the aircraft line maintenance market based on service, type, aircraft type, technology, and region. The report also focuses on providing a competitive landscape of the aircraft line maintenance market by profiling companies based on their financial positions, product portfolios, and growth strategies. The study also analyzes the core competencies of companies and their market shares to anticipate the degree of competition prevailing in the market. This report tracks and analyzes competitive developments such as contracts, new product launches, agreements, joint ventures, and partnerships in the aircraft line maintenance market. The base year considered for this study is 2017 and the forecast period is from 2018 to 2023.
The research methodology used to estimate and forecast the size of the aircraft line maintenance market began with data capturing from the key vendor revenues. Secondary sources referred for this study included annual reports, Yahoo Finance, Market Outlook of Boeing, Airbus, and Embraer, the European Aviation Safety Agency, the United Nations Conference on Trade and Development (UNCTAD), and press releases. The bottom-up procedure was employed to arrive at the overall size of the aircraft line maintenance market by determining the revenue of the key market players. After arriving at the overall size of the aircraft line maintenance market, the market size was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key industry experts, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, executives, and engineers. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
Full Report @ https://www.marketsandmarkets.com/Market-Reports/aircraft-line-maintenance-market-114689508.html
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