‘World commercial aircraft MRO market to be worth $49.2BN in 2013'

LONDON - Oct. 7, 2013 - PRLog -- The expansion of air travel will ensure an increase in production rates for new aircraft which should give MRO providers ample opportunities for new business. But newer aircraft, which require less maintenance than older aircraft which are now coming into retirement age, will require MRO providers to invest in adding new training techniques and new tooling in order to attain relevant certification. This is something that many smaller third party providers will struggle to achieve by themselves. The increasing presence of OEMs into the after sales market is likely to alter the make-up of the MRO market

The visiongain author of the World Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Market 2013-2023 (http://www.visiongain.com/Report/1032/World-Commercial-Aircraft-Maintenance-Repair-Overhaul-%28MRO%29-Market-2013-2023)report commented that ‘the prospects for the commercial aircraft MRO market will remain encouraging given the number of aircraft expected to be active in the air over the next ten years and because of the need to improve on efficiency and to fill air safety requirements.’

The report contains 145 tables, charts and graphs that add visual analysis in order to explain developing trends within the commercial aircraft MRO market. Visiongain provides forecasts for the period 2013-2023 in terms of value (US$) for the global commercial aircraft MRO market, as well as for 4 submarkets (engine maintenance, component maintenance, line maintenance and HMV/Mods) of the commercial aircraft MRO market.  In addition, 10 leading national markets are forecast and analysed by visiongain over the period 2013-2023.  The report provides profiles of 22 leading companies operating within the market and a full transcript of an exclusive interview with a leading MRO specialist, AFI-KLM E&M.