- The key vendors in the global aircraft line maintenance market 2015-2019 are Delta TechOps, Lufthansa Technik, Monarch Aircraft Engineering, SIA Engineering Company and SR Technics.
London, 11 August 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global aircraft line maintenance market 2015-2019. Most MRO activities such as heavy airframe, components, and engine maintenance activities that do not include line maintenance are typically outsourced. Moreover, availability of spare parts to reduce long aircraft on ground (AOG) risk, turn-time reliability, and man hour rates for cost efficiency and scheduled services plays a major role in this shift. The global aircraft line maintenance market 2015-2019 is estimated to grow at a CAGR of 4.06% during 2014-2019.
Increase in usage of modern technologies in aircraft is one of the key drivers propelling market growth. Huge investments are being made in upgrading cabin interiors, winglets, avionics, and in-flight technologies.
“The increased usage of automated software-based MRO helps provide time critical and labor incentive information to processes such as work order management, dynamic resource and manpower allocation, and maintenance planning and tracking,” says Faisal Ghaus, Vice President of Technavio Research.
“Airline carriers such as Delta Airlines are also investing in IT-enabled MRO services to streamline operations and data flow, thereby allowing them to connect better with customers and provide mobility and analytics through business intelligence.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
