The main markets for the Aircraft Repair, Maintenance and Overhaul industry are commercial airlines and the armed forces. However, the airline market is more important to the industry because it generates an estimated 68.1% of revenue. According to UK Trade and Investment, the United Kingdom has a 17% share of the global maintenance, repair and overhaul (MRO) industry.
The industry has expanded during the past five years after declining somewhat before the start of the period. Revenue growth recovered as passenger travel increased, propelling demand for MRO services.
Companies in this industry repair, maintain and overhaul aircraft, aircraft engines and other components.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.