This “Commercial Aircraft After Market” report provides a detailed study on market and how it is impacting the industry. The report includes details of emerging trends, growth history, sales channel, manufacturers profiled in business, market share of product, application and regional scope of industry. In addition, the report also mentions opportunities that manufacturers operating in the global Commercial Aircraft After market can use for expanding their business in untapped market to increase their customer base.
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Commercial Aircraft After Market Covers Manufacturers:
Scope of the Report:
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Key Market Trends:
The Narrow-body Segment is Expected to Experience the Highest Growth During the Forecast Period
Globally, narrow-body or single aisle aircraft are the most widely used aircraft by airlines. The growth in LCC business model has further fueled the growth of the narrow-body aircraft. As the airlines seek to increase their connectivity and market presence, new routes are being introduced. The increasing landing and takeoffs of narrow-body aircraft are increasing the wear and tear of the aircraft, thereby, increasing the demand for narrow-body aftermarket parts market during the forecast period.
The Asia-Pacific Region is Expected to Experience the Highest Growth During the Forecast Period
The Asia-Pacific region currently has the highest market share and is anticipated to have the highest growth during the forecast period. This is primarily due to increasing air travel in countries, like India, China, Vietnam, Indonesia, Japan, and Taiwan, with approximately 6,600 aircraft in service by the beginning of 2018. The leading MRO service providers, airlines, and governments are collaborating to develop this region as a MRO hub for the aviation industry. For instance, Revima, the French APU and landing gear MRO specialist, has begun the construction of the new landing gear overhaul facility in Chonburi, Thailand for Airbus A320, Boeing 737, and ATR family aircraft. The company has invested about USD 30 million and aims to have the facility fully certified and ready by the first quarter of 2020. Such initiatives by the global players may generate demand for spare parts, thereby, driving the commercial aircraft aftermarket parts market.
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Target Audience of Commercial Aircraft After Market:
- Manufacturer / Potential Investors
- Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
- Association and government bodies.
Key Reasons to Commercial Aircraft After Market Report:
- Analyzing various perspectives of the Commercial Aircraft After market with the help of Porter’s five forces analysis
- The End User that is expected to dominate the Commercial Aircraft After market is analyzed in detail
- The regions which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth of Commercial Aircraft After market.
- Identify the latest developments, market shares and strategies employed by the major market players.
- Regional analysis of Commercial Aircraft After market studied, during the forecast period
- The segments that are expected to dominate the Commercial Aircraft After market studied.
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