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Air platforms have always played critical roles for military forces worldwide both during wars as well as other operations. Advanced aircrafts and rotorcrafts have witnessed continual surge in demand by military forces over the past decades. Owing to the extensive utilization of aircrafts in war situations in Iraq, Afghanistan, Serbia, and Libya has resulted in rapid aging and wearing out of the military aircraft fleet of the major defense forces. As these wars are gradually coming to an end, the defense forces are currently maintaining older aircrafts which demand considerable repairs and upgrades on a regular basis. Thus the aging aircraft fleet across North America, Europe and Asia Pacific offer lucrative opportunities for the MRO service providers
The multi-role aircraft MRO segment is projected to dominate the global military aviation MRO market over the forecast period, however it is estimated to experience a drop in the market share owing to the increasing investments in the other segments. Continued deployment of US multi-role aircrafts in Afghanistan and Iraq has influenced the healthy growth of the segment since the past few years
Scope of the Report: Global Military Aviation MRO Market is projected to register a CAGR of 2.38% over 2017-2027.The market is expected to be dominated by multi-role aircraft MRO, which will account for 56% of the market, followed by transport aircraft MRO multi-mission helicopter MRO and with shares of 22% and 12% respectively. UAV MRO and transport helicopter MRO segments are projected to account for shares of 5% each during 2017-2027. North America is projected to dominate the sector with a share of 74%, followed by Asia Pacific.
Europe occupies 9% of the global military aviation MRO market share, and expenditure is driven by the need to provide MRO services for the aging aircraft, helicopter and UAV fleet in most nations. Sample companies are Boeing BAE Systems Elbit Systems Ltd. Saab Lockheed Martin Airbus General Atomics Raytheon Northrop Grumman DynCorp International Pratt & Whitney
To find out more of the report or request some customization: https://www.marketintelreports.com/inquiry-before-buying.php?id=df0115sr Table of Contents Executive Summary 15 Global Military Aviation MRO Market - Overview 18 Market Dynamics 20 Demand Drivers: Analysis of factors that trigger spending within the sector Trends: Prevalent practices, industry consolidation and procurement patterns within the market Technological Developments : New products, processes and innovations recently inducted within the sector Key Challenges: Obstacles affecting sector growth Military Aviation MRO Market - Segment Analysis 30 Segment Analysis: Multi-role Aircraft MRO 33 Market size and CAGR growth analysis, 2017-2027 Change in market share, 2017-2027 Segment Analysis: Transport Aircraft MRO 34 Market size and CAGR growth analysis, 2017-2027 Change in market share, 2017-2027 Segment Analysis: Multi-mission Helicopter MRO 35 Market size and CAGR growth analysis, 2017-2027 Change in market share, 2017-2027 Segment Analysis: UAV MRO 36 Market size and CAGR growth analysis, 2017-2027 Change in market share, 2017-2027 Segment Analysis: Transport Helicopter MRO 37 Market size and CAGR growth analysis, 2017-2027 Change in market share, 2017-2027 Regional Review 38 Defense capital expenditure Capex forecast, 2017- 2027 Factors influencing military modernization programs Military Aviation MRO Market - Regional Analysis 45 Regional overview Factors driving spending within the region Regional expenditure on each sub-segment , 2017-2027 Market Size and CAGR growth analysis, 2
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