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Commercial Aircraft After Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Commercial

The “Commercial Aircraft After Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Commercial Aircraft After industry. The information available in the Commercial Aircraft After market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Commercial Aircraft After market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Commercial Aircraft After Market:

  • Aventure Aviation
  • Honeywell International Inc.
  • United Technologies Corporation
  • Meggitt PLC
  • Parker Hannifin Corporation
  • General Electric
  • Moog Inc.
  • GKN Aerospace
  • Goodyear Tire & Rubber Company
  • Michelin
  • Bombardier Inc.
  • The Boeing Company

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    Market Overview:

  • The commercial aircraft aftermarket parts market is anticipated to register a CAGR of over 5% during the forecast period.
  • – The growing commercial aircraft industry, along with the increasing average age of commercial aircraft, is driving the growth of the market.
  • – The need for timely maintenance, repair and overhaul (MRO) services, along with the opening of new MRO facilities around the world, is also propelling the growth of the commercial aircraft aftermarket parts market during the forecast period.
  • – The increase in inventory costs of spare parts for the airlines and MRO service providers is expected to hamper the commercial aircraft aftermarket parts market.<

    Scope of the Report:

  • The study of commercial aircraft aftermarket parts market is classified based on the component type into airframe, engine, interior, cockpit systems, and other component types. The other component types include smaller parts and components used in the landing gear systems, fuel systems, electrical systems, oxygen systems, and hydraulic systems.

    Reasons for Buying Commercial Aircraft After Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    The Narrow-body Segment is Expected to Experience the Highest Growth During the Forecast Period

    Globally, narrow-body or single aisle aircraft are the most widely used aircraft by airlines. The growth in LCC business model has further fueled the growth of the narrow-body aircraft. As the airlines seek to increase their connectivity and market presence, new routes are being introduced. The increasing landing and takeoffs of narrow-body aircraft are increasing the wear and tear of the aircraft, thereby, increasing the demand for narrow-body aftermarket parts market during the forecast period.

    The Asia-Pacific Region is Expected to Experience the Highest Growth During the Forecast Period

    The Asia-Pacific region currently has the highest market share and is anticipated to have the highest growth during the forecast period. This is primarily due to increasing air travel in countries, like India, China, Vietnam, Indonesia, Japan, and Taiwan, with approximately 6,600 aircraft in service by the beginning of 2018. The leading MRO service providers, airlines, and governments are collaborating to develop this region as a MRO hub for the aviation industry. For instance, Revima, the French APU and landing gear MRO specialist, has begun the construction of the new landing gear overhaul facility in Chonburi, Thailand for Airbus A320, Boeing 737, and ATR family aircraft. The company has invested about USD 30 million and aims to have the facility fully certified and ready by the first quarter of 2020. Such initiatives by the global players may generate demand for spare parts, thereby, driving the commercial aircraft aftermarket parts market.

    Commercial Aircraft After Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    Detailed TOC of Commercial Aircraft After Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Porter’s Five Forces Analysis
    4.4.1 Bargaining Power of Buyers/Consumers
    4.4.2 Bargaining Power of Suppliers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Aircraft Type
    5.1.1 Narrow-body
    5.1.2 Wide-body
    5.1.3 Regional Jet
    5.2 Component Type
    5.2.1 Airframe
    5.2.2 Engine
    5.2.3 Interior
    5.2.4 Cockpit Systems
    5.2.5 Other Component Types
    5.3 Parts
    5.3.1 MRO Parts
    5.3.2 Rotable Replacement Parts
    5.4 Geography
    5.4.1 North America
    5.4.1.1 United States
    5.4.1.2 Canada
    5.4.2 Europe
    5.4.2.1 United Kingdom
    5.4.2.2 France
    5.4.2.3 Germany
    5.4.2.4 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 India
    5.4.3.3 Japan
    5.4.3.4 Rest of Asia-Pacific
    5.4.4 Latin America
    5.4.4.1 Brazil
    5.4.4.2 Rest of Latin America
    5.4.5 Middle East & Africa
    5.4.5.1 Saudi Arabia
    5.4.5.2 United Arab Emirates
    5.4.5.3 Nigeria
    5.4.5.4 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Vendor Market Share
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Aventure Aviation
    6.4.2 Honeywell International Inc.
    6.4.3 United Technologies Corporation
    6.4.4 Meggitt PLC
    6.4.5 Parker Hannifin Corporation
    6.4.6 General Electric
    6.4.7 Moog Inc.
    6.4.8 GKN Aerospace
    6.4.9 Goodyear Tire & Rubber Company
    6.4.10 Michelin
    6.4.11 Bombardier Inc.
    6.4.12 The Boeing Company*

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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