Commercial Aviation Maintenance Services Market
Commercial Aviation Maintenance Services Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Commercial Aviation Maintenance Services Market
Size and Growth
The global commercial aviation maintenance services market is expected to reach a value of $90.1 billion by 2025, with a CAGR of 4.3% during the forecast period. Factors driving growth include increasing air traffic, aging aircraft fleets, and technological advancements. North America holds the largest market share, followed by Europe and Asia Pacific.
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Companies Covered
(Covid 19 Impact Covered)
◍ Lufthansa Technik
◍ Rolls-Royce plc
◍ United Technologies
◍ GE Aviation
◍ Singapore Technologies Engineering LTD
◍ SIA Engineering Company
◍ Exodus Aviation
◍ Ameco
◍ JSSI
◍ EFTEC UK LTD
◍ Boeing
◍ Collins Aerospace
The commercial aviation maintenance services market is competitive with companies like Lufthansa Technik, RollsRoyce plc, United Technologies, GE Aviation, ST Engineering, SIA Engineering, Exodus Aviation, Ameco, JSSI, EFTEC UK LTD, Boeing, and Collins Aerospace. These companies offer a range of maintenance services which are essential for the smooth operation and safety of commercial aircraft. They help grow the market by providing reliable and efficient maintenance solutions. For example, Lufthansa Technik reported sales revenue of $6.8 billion in 2020, GE Aviation reported sales revenue of $22.1 billion in 2020, and Singapore Technologies Engineering LTD reported sales revenue of $7.6 billion in 2020.
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Market Segmentation
By Application
General Passenger Aircraft
Cargo Aircraft
Private Plane
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By Product
General Aviation Maintenance
Scheduled Airline Maintenance
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Market Growth
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$ X Billion USD
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