A new research document titled, Global Aircraft Maintenance Market is released by AdvanceMarketAnalytics. The market study is a cautious attempt of the industry with strategic steps to the targets of business environment and the ones that are tried to have an essential impression on the progression of the Aircraft Maintenance market. AMA recognizes following companies as the major players in the Global Aircraft Maintenance market which includes GE (United States), Rolls-Royce (United Kingdom), MTU AERO ENGINES AG (Germany), Monarch Aircraft Engineering (Unite Kingdom), Lufthansa Technik (Germany), Pratt & Whitney (United States), Honeywell (United States), Air France/KLM (France), Safran Aircraft Engines (France), Delta TechOps (United States), Standard Aero (United States), SAMCO Aircraft Maintenance (Netherlands), STS Aviation Group (United States), United Technical Operations (United States) and Nayak Group (Germany).
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. Increase in Global Fleet Size Due to Rise in Global Air Passenger Traffic
is one of the key components driving the development of this market in the following couple of years. "Adoption of Technological Advancement in the Aircraft Maintenance in the Aviation Industry
" adds to the investigation what growth market seeks ahead. This causes analysts to concentrate more on regional factors and regulatory and influencing factors ahead of any other approach.
One of the key patterns that will drive the development prospects for the Aircraft Maintenance amid the anticipated period is the The Growth in Expansion of Business in the Commercial Aviation Industry
. The Service Type, such as Component Replacement & Rigging Service, is boosting the Aircraft Maintenance market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market. The Aircraft Maintenance market is very focused because of the nearness of many key organizations. The main Manufacturers are focusing on presenting new product/services and are constantly upgrading their existing offerings to keep pace with the overall industry.
The key target audience considered while formulating the study are as follows: MRO Service Providers, Airline Operators, Manufacturers of Aircraft Components, Aircraft OEMs and Government and Certification Bodies
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Aircraft Maintenance market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Aircraft Maintenance market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes MRO Service Providers, Airline Operators, Manufacturers of Aircraft Components, Aircraft OEMs and Government and Certification Bodies. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.