According to the latest report by IMARC Group, titled “Aircraft Line Maintenance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global aircraft line maintenance market size reached US$ 19.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 26.3 Billion by 2027, exhibiting a growth rate (CAGR) of 5.4% during 2022-2027.
Aircraft Line Maintenance Market Growth Drivers:
The expanding aviation sector is primarily augmenting the aircraft line maintenance market. Furthermore, with the increasing air traffic, there is an inflating need for highly efficient flight safety mechanisms and security check-ups that can ensure maximum passenger safety, which is positively influencing the global market. Apart from this, continuous improvements in commercial and other aviation aircraft are acting as significant growth-inducing factors. Moreover, several technological advancements, such as the growing integration of aircraft line maintenance equipment with the Internet of Things, artificial intelligence (AI), machine learning (ML), big data analytics, etc., that facilitate accurate identification of defects, timely repairs, greater efficiency, and less downtime for the aircraft fleets, are also bolstering the market growth.
Besides this, the rising urbanization levels and the implementation of stringent regulations by government bodies regarding passenger safety are further stimulating the market growth. Additionally, the escalating demand for commercial aircraft is prompting airlines to order more modern equipped with cutting-edge technology, which is expected to fuel the aircraft line maintenance market in the coming years.
Aircraft line maintenance represents numerous scheduled and unscheduled repairs, inspections, and modifications that are aimed at maintaining the overall quality and performance of an aircraft. It also consists of services, including component replacement and rigging, defect rectification, line station setup and management, etc., that aid in the timely resolution of technical defects. These activities are usually carried out when the aircraft is on the ground before takeoff and may or may not require servicing inside a hangar.
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Competitive Landscape with Key Players:
The competitive landscape of the global aircraft line maintenance market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Companies Analysis:
- ANA Line Maintenance Technics
- Avia Solutions Group
- BCT Aviation Maintenance
- British Airways
- Delta Air Lines
- Monarch Aircraft Engineering
- Nayak Group
- SAMCO Aircraft Maintenance
- SIA Engineering Company
- SR Technics
- STS Aviation Group
- Turkish Airlines
Key Market Segmentation:
The report has segmented the global aircraft line maintenance market on the basis of service, type, aircraft type, technology and region.
Breakup by Service:
- Component Replacement & Rigging Service
- Engine & APU Service
- Line Station Setup & Management Service
- Defect Rectification Service
- Aircraft on Ground (AOG) Service
Based on Type:
- Transit Checks
- Routine Checks
Market by Aircraft Type:
- Narrow Body Aircraft
- Wide-Body Aircraft
- Very Large Body Aircraft
Based on Technology:
- Traditional Line Maintenance
- Digital Line Maintenance
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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