DUBLIN--(BUSINESS WIRE)--The "Global Military Aircraft Engine Maintenance, Repair, and Overhaul Market, Forecast to 2025" report has been added to Research and Markets' offering.
The North American engine maintenance, repair, and overhaul (MRO) market is the largest individual market, but will experience modest growth. Meanwhile, Fighter aircraft market will experience the most significant aircraft segment growth. New deliveries of airframes are slow, except in Russia and China, which are not included.
Additionally, initial aircraft costs have driven less than one for one replacements. Commercial firms are slowly growing their market shares, but governments are reluctant to lose the element of control. The engine manufacturers have always had a role in MRO, but they have increased their role in recent years.
These manufacturers now recognize that MRO can be a lifeline when engine sales are slow. The effects of world tensions have a delayed response in the MRO market, but the increased interest in new capabilities will eventually have a positive effect on MRO spending.
Revenue growth will be inconsistent. The inconsistency will be caused by new model introductions and the retirement of older aircraft. Revenue growth will flatten out in 2023/2024, but will then resume modest growth. Programmed retirements have been slower than planned, resulting in minimal additional spending to support those aircraft. The most consistent revenue growth will be in trainers due to the limited acquisition plans and significant retirement plans.
Many new aircraft are being sold, or at least offered, with long-term support. In some regions, this new support trend requires governmental policy changes in order to buy aircraft in that way. Interim support is a political subject that requires resolution. Initial interim support is needed, but when should the connection to the aircraft OEM become minimized?
Key Topics Covered:
1. Executive Summary
2. Market Overview
3. Drivers and Restraints-Total Military Aircraft Engine MRO Market
4. Forecasts and Trends-Total Military Aircraft Engine MRO Market
5. Global Competitive Analysis
6. Fighter Fixed Wing Segment Analysis
7. Transport Fixed Wing Segment Analysis
8. Special Mission Aircraft Segment Analysis
9. Trainer Segment Analysis
10. Rotary Wing Segment Analysis
11. NALA Analysis
12. Europe Analysis
13. Asia-Pacific Analysis
14. Middle East and Africa Analysis
15. The Last Word
For more information about this report visit https://www.researchandmarkets.com/research/4cnsc4/global_military