Aircraft Line Maintenance Market Size to Reach US$ 27.7 Billion by 2028 | CAGR: 5.3%: IMARC Group

IMARC Group has recently released a new research study titled "Aircraft Line Maintenance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global aircraft line maintenance market size reached US$ 20.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 27.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Market Outlook:

Aircraft line maintenance represents numerous scheduled and unscheduled repairs, inspections, and modifications that are aimed at maintaining the overall quality and performance of an aircraft. It also consists of services, including component replacement and rigging, defect rectification, line station setup and management, etc., that aid in the timely resolution of technical defects. These activities are usually carried out when the aircraft is on the ground before takeoff and may or may not require servicing inside a hangar.

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Aircraft Line Maintenance Market Trends and Drivers:

The expanding aviation sector is primarily augmenting the aircraft line maintenance market. Furthermore, with the increasing air traffic, there is an inflating need for highly efficient flight safety mechanisms and security check-ups that can ensure maximum passenger safety, which is positively influencing the global market. Apart from this, continuous improvements in commercial and other aviation aircraft are acting as significant growth-inducing factors. Moreover, several technological advancements, such as the growing integration of aircraft line maintenance equipment with the Internet of Things, artificial intelligence (AI), machine learning (ML), big data analytics, etc., that facilitate accurate identification of defects, timely repairs, greater efficiency, and less downtime for the aircraft fleets, are also bolstering the market growth.

Besides this, the rising urbanization levels and the implementation of stringent regulations by government bodies regarding passenger safety are further stimulating the market growth. Additionally, the escalating demand for commercial aircraft is prompting airlines to order more modern equipped with cutting-edge technology, which is expected to fuel the aircraft line maintenance market in the coming years. 

Aircraft Line Maintenance Market 2023-2028 Competitive Analysis and Segmentation:

Major Players Covered: 

• AMECO
• ANA Line Maintenance Technics
• Avia Solutions Group
• BCT Aviation Maintenance
• British Airways
• Delta Air Lines
• HAECO
• Lufthansa
• Monarch Aircraft Engineering
• Nayak Group
• SAMCO Aircraft Maintenance
• SIA Engineering Company
• SR Technics
• STS Aviation Group
• Turkish Airlines

Key Market Segmentation:

The report has segmented the market into the following categories:

Breakup by Service:

• Component Replacement & Rigging Service
• Engine & APU Service
• Line Station Setup & Management Service
• Defect Rectification Service
• Aircraft on Ground (AOG) Service

Breakup by Type:

• Transit Checks
• Routine Checks

Breakup by Aircraft Type:

• Narrow Body Aircraft
• Wide-Body Aircraft
• Very Large Body Aircraft
• Others

Breakup by Technology:

• Traditional Line Maintenance
• Digital Line Maintenance

Breakup by Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Ask Analyst for 10% free customized report: https://www.imarcgroup.com/request?type=report&id=1902&flag=C

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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