Albany, NY -- (SBWIRE) -- 07/30/2015 -- About Aircraft Aftermarket Parts

Aircraft aftermarket parts are mainly used in the maintenance and upgrade of an aircraft after it is manufactured (out of the factory). Since aircraft remain in service for many years and has to comply with strict regulations, it has to be maintained and repaired at regular intervals. This requires a reliable supply chain of aftermarket parts to prevent aircraft on ground (AOG) situations. Aftermarket parts are mainly utilized for maintenance, repair, and operations (MRO) activities and also as rotable scrap replacement. Aftermarket parts are manufactured by original equipment manufacturers (OEM) as well as parts manufacturer approval (PMA) vendors.

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Technavio's analysts forecast the global commercial aircraft aftermarket parts market to grow at a CAGR of 5.81% over the period 2014-2019.

Covered in this Report

The report covers the present scenario and the growth prospects of the global commercial aircraft aftermarket parts market for the period 2015-2019. The report provides a global overview as well as growth prospects by region (Americas, APAC, and EMEA). The report also present market segment analysis based on application (MRO parts and rotable scrap replacement) and by aircraft size configuration.

Technavio's report, Global Commercial Aircraft Aftermarket Parts Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it includes the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key Regions
Americas
APAC
EMEA

Key Vendors
AAR
Eaton
General Electric
Honeywell International
Rockwell Collins

Other Prominent Vendors
AJW Aviation
Aviall
BE Aerospace
BF Goodrich Aerospace
Meggitt
Parker-Hannifin
Pratt & Whitney

Key Market Driver
Growing Utilization of PMA Parts by Airlines and MRO Providers
For a full, detailed list, view our report

Key Market Challenge
Difficulties with PMA Parts and DER Repairs
For a full, detailed list, view our report

Key Market Trend
Improved Regulatory Scenario
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 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?

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