Commercial Aircraft Aftermarket Parts Market by Parts (MRO parts and Rotable Scarp Replacement Parts), by Aircraft Type (Wide body Aircraft, Narrow body Aircraft, and Regional Jet), by Geography - Forecast To 2021.
Pune, Maharashtra -- (SBWIRE) -- 01/16/2018 -- Market Highlights:
The global Commercial Aircraft Aftermarkets Parts market is expected to grow at a CAGR of around 6% during 2016-2021. The key driving factors is the availability of the aircraft aftermarket parts on e-platforms, growing fleet size, and availability of cost effective PMA parts from MRO providers.
As per the MRFR analysis, factors restraining the market growth are strong opposition from OEMs, delay in customs clearance for aircraft spare parts and high import duties on value-added taxes for aircraft spare parts.
Narrow body Aircraft aftermarket parts will have significant growth in the forecast period to reach billion
APAC is likely to grow at a rising CAGR of to reach billion market
Introduction of Total Care Program would drive the market during the forecast period and pose threat on MRO businesses
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Major Key Players
Honeywell International ,
The market report for Global Commercial Aircraft Aftermarket Parts Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.
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Study Objectives of Commercial Aircraft Aftermarket Parts Market
To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Commercial Aircraft Aftermarket Parts market
To provide insights about factors affecting the market growth
To analyse the aircraft aftermarket parts Market based on various factors- price analysis, supply chain analysis, porter's five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
To provide country-level analysis of the market with respect to the current market size and future prospective
To provide country-level analysis of the market for segment by parts and aircraft types.
To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Aircraft Aftermarket Parts Market.
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