Aircraft Line Maintenance Market Growth Prospects 2023 and Projected to Reach US$ 23.50 Million

Aircraft Line Maintenance Market Growth Prospects 2023 and Projected to Reach US$ 23.50 Million

The Global Aircraft Line Maintenance Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The report contains 153 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. An exclusive data offered in this report is collected by research and industry experts team.

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Top Companies profiled in the Aircraft Line Maintenance Market include are AMECO (China), ANA Line Maintenance Technics (Japan), Avia Solutions Group (Lithuania), BCT Aviation Maintenance (UK), British Airways (UK), Delta TechOps (US), HAECO (Hong Kong), Lufthansa Technik (Germany), Monarch Aircraft Engineering (UK), Nayak Group (Germany), SAMCO Aircraft Maintenance (Netherlands), SIA Engineering (Singapore), STS Aviation Group (US), Turkish Technic (Turkey), United Technical Operations (US).

The Aircraft Line Maintenance Market is projected to grow from US$ 19.23 Billion in 2018 to US$ 23.50 Billion by 2023, at a CAGR of 4.10% from 2018 to 2022. This report spread across 153 Pages, Profiling 16 Companies and Supported with 98 Tables and 33 Figures is now available in this research.

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The Growth of the aircraft line maintenance market across the globe can be attributed to the increasing number of flights per aircraft, rising number of new aircraft deliveries from OEMs, and increasing requirement for carrying out repair and maintenance of the existing aircraft fleets of airlines.

Based on Service, the aircraft line maintenance market has been segmented into component replacement & rigging service, defect rectification service, engine & APU service, Aircraft on Ground (AOG) service, and line station setup &management service. The component replacement & rigging service segment is expected to lead the aircraft line maintenance market.

Based on Type, the aircraft line maintenance market has been segmented into transit checks and routine checks. Transit checks are carried out by technicians at the airport ramp. Routine checks of an aircraft comprise maintenance pre-flight checks, post-flight checks, service checks, overnight checks, and weekly checks. The pre-flight checkup is done by the flight crew, and it starts right from the flight deck to know the status of servicing required by an aircraft and replace faulty components to ensure smooth functioning of the aircraft.

The Asia Pacific aircraft line maintenance is expected to witness growth at the highest CAGR from 2018 to 2022. This growth of the market can be attributed to the increase in the aircraft production in the region and rise in the number of new aircraft delivered. Moreover, the increased demand for MRO services from the region is expected to drive the growth of the Asia Pacific line maintenance market from 2018 to 2023.

Target Audience for Aircraft Line Maintenance Market:

MRO Service Providers

Airline Operators

Manufacturers of Aircraft Components

Aircraft OEMs

Government and Certification Bodies

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