航空機エンジンMROの世界市場 - 成長、動向、予測（2019年～2024年）
Aircraft Engine MRO Market - Growth, Trends, and Forecast (2019 - 2024)
|発行||Mordor Intelligence LLP||商品コード||906940|
|出版日||ページ情報||英文 105 Pages
|航空機エンジンMROの世界市場 - 成長、動向、予測（2019年～2024年） Aircraft Engine MRO Market - Growth, Trends, and Forecast (2019 - 2024)|
|出版日: 2019年07月01日||ページ情報: 英文 105 Pages||
The aircraft engine MRO market is anticipated to grow at a CAGR of above 5% during the forecast period.
The study of aircraft engine MRO includes the engine maintenance, repair and overhaul (MRO) operations of turbine and piston engine aircraft in commercial, military and general aviation industries. The market also includes the component level maintenance checks of the engines.
The turbine engine segment of the market is expected to grow at the highest CAGR during the forecast period. The demand for turboprop and turboshaft aircraft, as well as ageing fleet of turboprop aircraft, are propelling the growth of the market during the forecast period. To support the governments with the fleet sustainment programs, the engine manufacturers are forming joint ventures in collaboration with the local companies. For instance, Safran formed two new joint ventures in India in association with Max Aerospace and Hindustan Aeronautics Ltd. for maintenance of military aircraft and helicopter engines. Also, the incorporation of advanced technology in the manufacturing of the engines by the OEMs is simplifying the process of maintenance services for turbine engines, which is effectively reducing the cost and time required for maintenance of the aircraft engine.
Asia-Pacific region is expected to generate the highest demand for aircraft engine MRO during the forecast period. The growth of the market is primarily due to the increasing passenger traffic which is propelling the growth in aircraft movements of the region. The aircraft operators are making plans for increasing their MRO network in the region. For instance, InterGlobe Aviation Ltd. announced its plan for construction of the second MRO center at Kempegowda International Airport in Bengaluru to cater to the growing needs. This 13,000 sq.m facility which is scheduled to open by 2020, will have a Quick Engine Change (QEC) shop that can allow changing an aircraft engine with the least downtime along with warehouse and engineering offices for repair and maintenance. Additionally, the increasing military budget of emerging countries is fuelling the growth of life extension plans of aircraft, which will, in turn, generate demand for MRO in the years to come.
The prominent players in the aircraft engine MRO market are Lufthansa Technik, Rolls-Royce plc, United Technologies Corporation, GE Aviation, and Safran. The major engine MRO providers are entering into long term partnerships or forming joint ventures to grow their engine MRO customers. For instance, Lufthansa Technik formed joint ventures with various engine manufacturers like Rolls-Royce plc, GE Aviation, and MTU AERO ENGINES AG for providing engine MRO operations for customers in the European Union. Also, the use of advanced technology for providing maintenance services will help these companies attract new customers by reducing their maintenance costs. However, the long term contracts of the established players with the armed forces and airlines will act as a barrier for the new players to enter the market.