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Global Civil Helicopter MRO Market to Grow at a CAGR of 3.93% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Civil Helicopter MRO Market 2016 - 2020” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 02/09/2016 -- Report forecast the global civil helicopter MRO market to grow at a CAGR of 3.93% during the period 2016-2020.

Helicopters play a key role in remote area connectivity, intra-city movement, law enforcement, disaster relief, search and rescue, and emergency medical evacuation. Aircraft maintenance, repair, and overhaul (MRO) has become an essential component to ensure a fleet's proper maintenance, airworthiness, and passenger safety.

MRO companies perform functions such as repairs, inspections, routine checks, and overhaul. Aircraft utilization, global fleet size, and air traffic volume influence the global civil helicopter MRO market.

Operators and OEMs in the market are strictly governed by national and international aviation regulatory bodies to ensure that stringent regulations and practices are adhered to. Companies that conduct such services require approval and certification from the necessary aviation safety bodies.

Scheduled maintenance tasks are developed after recommendations from OEMs. Based on type of maintenance, the global civil helicopter MRO market is classified into the following:
- Airframe heavy maintenance
- Engine maintenance
- Component maintenance

The report covers the present scenario and the growth prospects of the global civil helicopter MRO market for 2016-2020. It provides a global overview, market shares, market segmentation by MRO type, and growth prospects by region (Americas, EMEA, and APAC).

The market is divided into the following segments based on type:
- Component
- Airframe
- Engine and modifications

According to the report, one of the major factors driving the civil rotorcraft segment is the shortage of transport infrastructure, particularly in larger urban areas. Conventional methods of transportation have not been able to keep up with the growing population, and hence, there is a need for alternative commuting solutions.

Further, the report states that Vendors in the global civil helicopter MRO market are required to adhere to stringent regulatory norms of different countries. MRO activities of an aircraft often lead to the emission of gases such as oxides of nitrogen, unburnt hydrocarbons, carbon monoxide, and sulfur dioxide that are detrimental to air quality. These constraints have negatively impacted on the growth of the global civil helicopter market.

Global Civil Helicopter MRO Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Civil Helicopter MRO Market: AgustaWestland, Airbus Helicopters, Bell Helicopter, Russian Helicopter and Sikorsky Aircraft.

Other Prominent Vendors in the market are: Heli-One, Kitchener Aero Avionics, StandardAero, and Transwest Helicopters.

Market driver
- Growing demand for civil helicopters
- For a full, detailed list, view our report

Market challenge
- Safety and regulatory compliance
- For a full, detailed list, view our report

Market trend
- Increased utilization of composites
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 66 pages and 41 Exhibit "Global Civil Helicopter MRO Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Global aerospace and defense supply chain system, Global aerospace and defense value chain system, Market segmentation by type, Geographical segmentation, Key leading regions, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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