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Global Aviation MRO Logistics Market to Reach $12.5 Billion by 2026


SAN FRANCISCO, June 3, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Aviation MRO Logistics – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

Global Aviation MRO Logistics MarketGlobal Aviation MRO Logistics Market

Global Aviation MRO Logistics Market

FACTS AT A GLANCE
Edition: 7; Released: January 2021
Executive Engagements: 1401
Companies: 44 – Players covered include CMA CGM S.A.; Deutsche Post AG; DSV Panalpina A/S; Expeditors International of Washington, Inc.; FedEx Corporation; Kuehne + Nagel International AG; Nippon Express Co., Ltd.; SEKO Worldwide, LLC; United Parcel Service, Inc. and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Civil Aviation, Military Aviation, Business Aviation)
Geographies: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Singapore; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Complimentary Project Preview – This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry

ABSTRACT-

Global Aviation MRO Logistics Market to Reach $12.5 Billion by 2026
The Aviation Maintenance, Repair, Overhaul and Logistics (Aviation MRO Logistics) forms an important part of the MRO industry, representing those companies engaged in MRO of aircraft and related systems and components. The presence of MRO logistics is imperative all through the lifecycle of an aircraft, right from their introduction into service till its final disposal. The main activities of the MRO logistics sector include maintenance, repair or replacement, overhaul and logistics. The maintenance work includes the routine process of keeping the aircraft in airworthy condition. The repair and replacement activities require MRO logistics to continue repairing or replacing the damaged parts or components. The overhaul activities focus on reconditioning the aircraft systems, which may have deteriorated owing to performance degradation, wearing off or weakening of original strength of parts and components. The aerospace industry is anticipated to remain soft despite attempts to re-open the borders & economy. Airlines are unlikely to touch the pre-crisis levels in terms of passenger traffic and overall revenues. The spreading of fixed costs to more travelers is likely to reduce unit costs. However, measures to control the virus amid multiple waves of infections are anticipated to impede these gains and affect aircraft utilization rates.

Amid the COVID-19 crisis, the global market for Aviation MRO Logistics estimated at US$9.8 Billion in the year 2020, is projected to reach a revised size of US$12.5 Billion by 2026, growing at a CAGR of 4.2% over the analysis period. Civil Aviation, one of the segments analyzed in the report, is projected to grow at a 4.5% CAGR to reach US$7.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Military Aviation segment is readjusted to a revised 3.6% CAGR for the next 7-year period. This segment currently accounts for a 29.5% share of the global Aviation MRO Logistics market.

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