유럽의 항공기 MRO 시장 시장 예측(-2030년) : 지역별 분석 - 항공기 유형별, 구성요소별

The Europe airframe MRO market was valued at US$ 5,789.03 million in 2022 and is expected to reach US$ 8,078.32 million by 2030; it is estimated to register at a CAGR of 4.3% from 2022 to 2030.

Retrofitting of Older Aircraft Fleet Drives Europe Airframe MRO Market

Retrofitting, which refers to the installation or addition of newer technologies on older aircraft fleets, helps increase passenger comfort and safety and facilitates the airlines in maintaining their older fleets. Continuous advancements in aircraft technologies are resulting in the upgrade of MRO capabilities. MRO service providers are constantly seeking upgrades and procurement of newer technologies in order to service the newer aircraft as well as retrofit the upgraded technologies on the older aircraft fleets. In the current scenario, global commercial airlines are keeping their older aircraft fleet owing to the drop in fuel prices. This factor is compelling the airlines to opt for MRO activities frequently, which is facilitating the MRO service providers to offer the airlines to retrofit the aircraft fleet with newer technologies. Hence, the integration of advanced and modern technologies into older aircraft fleets is expected to change the Europe airframe MRO market landscape as well as revolutionize the aviation industry. In addition, there is a rise in demand for real-time data analytics, especially in technologically advanced potential regions such as Europe, where the adoption of the above-mentioned technology is maturing at an exponential rate. Adoption of such technology has enabled many aircraft fleet owners to manage their maintenance schedule. Retrofitting such technology in the older aircrafts is supporting the fleet owners to provide enhanced comfort and safety to their passengers with the help of timely maintenance. Thus, the retrofitting of older aircraft fleets is likely to create opportunities for the Europe airframe MRO market growth during the forecast period. There is a rise in demand for real-time data analytics, especially in technologically advanced potential regions such as Europe, where the adoption of the above-mentioned technology is maturing at an exponential rate.

Europe Airframe MRO Market Overview

The airframe MRO market in Europe is segmented into France, Germany, Italy, Russia, the UK, and the Rest of Europe. With more than 20,000 flights a day and ~500 million passengers traveling every year by air, Europe is accredited to have the world's busiest airspace. The strength of the regional economy and growing air travel, which is increasing the use of MRO services due to growing flying hours, are a few of the significant factors driving the demand for airframe MRO services in Europe. The requirement for new modern aircraft in the commercial and military aircraft fleets in the region is also driving the market for airframe MRO services. Airlines in Europe need to adhere to the stringent rules and regulations set by the European Aviation Safety Agency (EASA) to ensure passenger safety, which is directly impacting the growth of the airframe MRO market. Airframe MRO aids in the maintenance process and improves the aircraft's reliability and productivity.

In addition, the market in Europe is influenced by the company's inorganic market strategies, such as partnerships, which help establish relationships with other suppliers while also allowing the company to gain market position. For example, Lufthansa Technik, Germany's largest MRO service provider, teamed up with Collins Aerospace, a US-based aerospace and defense products supplier. The collaboration aims to provide maintenance services for the Airbus A380 main landing gear. As a result of the collaboration, the German airframe MRO market is expected to expand, which will eventually boost the Europe airframe MRO market. FL Technics, Lufthansa Technik, and Rolls-Royce Plc are among the players operating in the Europe airframe MRO market. For instance, FL Technics, a global provider of airframe MRO services, acquired Wright International. FL Technics MRO offers a broad range of line maintenance services for wide-body and narrow-body aircraft. According to The Insight Partners analysis, in 2023, Europe had a fleet of more than 5,000 operational commercial aircraft, which is expected to reach ~7,000 commercial aircraft fleet by the end of 2033. Such a huge number of operating commercial aircraft will further generate the demand for MRO services in the region. Moreover, such an increase in the number of aircraft fleets across Europe is expected to bolster the requirement of MRO for major aircraft components such as airframes.

Europe Airframe MRO Market Revenue and Forecast to 2030 (US$ Million)

Europe Airframe MRO Market Segmentation

The Europe airframe MRO market is segmented based on aircraft type, component, and country.

Based on aircraft type, the Europe airframe MRO market is bifurcated into fixed wing aircraft and rotary wing aircraft. The fixed wing aircraft segment held a larger share in 2022.

In terms of component, the Europe airframe MRO market is segmented into fuselage, wings and rotors, landing gear, and others. The fuselage segment held the largest share in 2022.

Based on country, the Europe airframe MRO market is categorized into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Germany dominated the Europe airframe MRO market in 2022.

AAR CORP; Barnes Group Inc; GE Aviation; FLTechnics, UAB.; Turkish Technic Inc.; Singapore Technologies Engineering Ltd; Lufthansa Technik; Delta TechOps; Rolls-Royce Holdings Plc; and Collins Aerospace are some of the leading companies operating in the Europe airframe MRO market.

Table Of Contents

1. Introduction

• 1.1 The Insight Partners Research Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Coverage
• 3.2 Secondary Research
• 3.3 Primary Research

4. Europe Airframe MRO Market Landscape

• 4.1 Overview
• 4.2 Porter's Analysis
• 4.3 Ecosystem Analysis
  • 4.3.1 Component Suppliers
  • 4.3.2 MRO Service Providers
  • 4.3.3 End Users
• 4.4 List of Vendors
  • 4.4.1 List of Vendors for the Airframe MRO

5. Europe Airframe MRO Market - Key Industry Dynamics

• 5.1 Europe Airframe MRO Market - Key Industry Dynamics
• 5.2 Market Drivers
  • 5.2.1 Increasing Air Travel
  • 5.2.2 Growing Integration of Digital Technology in MRO Industry
• 5.3 Market Restraints
  • 5.3.1 Entry of OEMs in Aftermarket
  • 5.3.2 Rise in Environmental Concerns
• 5.4 Market Opportunities
  • 5.4.1 Retrofitting of Older Aircraft Fleet
  • 5.4.2 Increasing Adoption of Sustainable Aviation Fuel (SAF)
• 5.5 Future Trends
  • 5.5.1 Blockchain Technology Changing MRO Landscape
• 5.6 Impact of Drivers and Restraints:

6. Airframe MRO Market - Europe Market Analysis

• 6.1 Europe Airframe MRO Market Revenue (US$ Million), 2022 - 2030
• 6.2 Europe Airframe MRO Market Forecast and Analysis

7. Europe Airframe MRO Market Analysis - Aircraft Type

• 7.1 Overview
  • 7.1.1 Europe Airframe MRO Market, By Aircraft Type (2022 and 2030)
• 7.2 Fixed Wing
  • 7.2.1 Overview
  • 7.2.2 Fixed Wing Market, Revenue and Forecast to 2030 (US$ Million)
• 7.3 Rotary Wing
  • 7.3.1 Overview
  • 7.3.2 Rotary Wing Market, Revenue and Forecast to 2030 (US$ Million)

8. Europe Airframe MRO Market Analysis - Component

• 8.1 Overview
  • 8.1.1 Europe Airframe MRO Market, By Component (2022 and 2030)
• 8.2 Fuselage
  • 8.2.1 Overview
  • 8.2.2 Fuselage Market, Revenue and Forecast to 2030 (US$ Million)
• 8.3 Wings and Rotors
  • 8.3.1 Overview
  • 8.3.2 Wings and Rotors Market, Revenue and Forecast to 2030 (US$ Million)
• 8.4 Landing Gear
  • 8.4.1 Overview
  • 8.4.2 Landing Gear Market, Revenue and Forecast to 2030 (US$ Million)
• 8.5 Others
  • 8.5.1 Overview
  • 8.5.2 Others Market, Revenue and Forecast to 2030 (US$ Million)

9. Europe Airframe MRO Market - Country Analysis

• 9.1 Europe
  • 9.1.1 Europe Airframe MRO Market, Breakdown, By Country - Revenue (2022) (US$ Million)
  • 9.1.2 Europe Airframe MRO Market Revenue and Forecasts and Analysis - By Country
    • 9.1.2.1 Europe Airframe MRO Market Revenue and Forecasts and Analysis - By Component
    • 9.1.2.2 Germany Airframe MRO Market Revenue and Forecasts to 2030 (US$ Mn)
      • 9.1.2.2.1 Germany Airframe MRO Market Breakdown by Aircraft Type
      • 9.1.2.2.2 Germany Airframe MRO Market Breakdown by Component
    • 9.1.2.3 France Airframe MRO Market Revenue and Forecasts to 2030 (US$ Mn)
      • 9.1.2.3.1 France Airframe MRO Market Breakdown by Aircraft Type
      • 9.1.2.3.2 France Airframe MRO Market Breakdown by Component
    • 9.1.2.4 Italy Airframe MRO Market Revenue and Forecasts to 2030 (US$ Mn)
      • 9.1.2.4.1 Italy Airframe MRO Market Breakdown by Aircraft Type
      • 9.1.2.4.2 Italy Airframe MRO Market Breakdown by Component
    • 9.1.2.5 UK Airframe MRO Market Revenue and Forecasts to 2030 (US$ Mn)
      • 9.1.2.5.1 UK Airframe MRO Market Breakdown by Aircraft Type
      • 9.1.2.5.2 UK Airframe MRO Market Breakdown by Component
    • 9.1.2.6 Russia Airframe MRO Market Revenue and Forecasts to 2030 (US$ Mn)
      • 9.1.2.6.1 Russia Airframe MRO Market Breakdown by Aircraft Type
      • 9.1.2.6.2 Russia Airframe MRO Market Breakdown by Component
    • 9.1.2.7 Rest of Europe Airframe MRO Market Revenue and Forecasts to 2030 (US$ Mn)
      • 9.1.2.7.1 Rest of Europe Airframe MRO Market Breakdown by Aircraft Type
      • 9.1.2.7.2 Rest of Europe Airframe MRO Market Breakdown by Component

10. Industry Landscape

• 10.1 Overview
• 10.2 Market Initiative
• 10.3 Mergers & Acquisitions

11. Company Profiles

• 11.1 AAR CORP
  • 11.1.1 Key Facts
  • 11.1.2 Business Description
  • 11.1.3 Products and Services
  • 11.1.4 Financial Overview
  • 11.1.5 SWOT Analysis
  • 11.1.6 Key Developments
• 11.2 Barnes Group Inc
  • 11.2.1 Key Facts
  • 11.2.2 Business Description
  • 11.2.3 Products and Services
  • 11.2.4 Financial Overview
  • 11.2.5 SWOT Analysis
  • 11.2.6 Key Developments
• 11.3 GE Aviation
  • 11.3.1 Key Facts
  • 11.3.2 Business Description
  • 11.3.3 Products and Services
  • 11.3.4 Financial Overview
  • 11.3.5 SWOT Analysis
  • 11.3.6 Key Developments
• 11.4 FLTechnics, UAB.
  • 11.4.1 Key Facts
  • 11.4.2 Business Description
  • 11.4.3 Products and Services
  • 11.4.4 Financial Overview
  • 11.4.5 SWOT Analysis
  • 11.4.6 Key Developments
• 11.5 Turkish Technic Inc.
  • 11.5.1 Key Facts
  • 11.5.2 Business Description
  • 11.5.3 Products and Services
  • 11.5.4 Financial Overview
  • 11.5.5 SWOT Analysis
  • 11.5.6 Key Developments
• 11.6 Singapore Technologies Engineering Ltd
  • 11.6.1 Key Facts
  • 11.6.2 Business Description
  • 11.6.3 Products and Services
  • 11.6.4 Financial Overview
  • 11.6.5 SWOT Analysis
  • 11.6.6 Key Developments
• 11.7 Lufthansa Technik
  • 11.7.1 Key Facts
  • 11.7.2 Business Description
  • 11.7.3 Products and Services
  • 11.7.4 Financial Overview
  • 11.7.5 SWOT Analysis
  • 11.7.6 Key Developments
• 11.8 Delta TechOps
  • 11.8.1 Key Facts
  • 11.8.2 Business Description
  • 11.8.3 Products and Services
  • 11.8.4 Financial Overview
  • 11.8.5 SWOT Analysis
  • 11.8.6 Key Developments
• 11.9 Rolls-Royce Holdings Plc
  • 11.9.1 Key Facts
  • 11.9.2 Business Description
  • 11.9.3 Products and Services
  • 11.9.4 Financial Overview
  • 11.9.5 SWOT Analysis
  • 11.9.6 Key Developments
• 11.10 Collins Aerospace
  • 11.10.1 Key Facts
  • 11.10.2 Business Description
  • 11.10.3 Products and Services
  • 11.10.4 Financial Overview
  • 11.10.5 SWOT Analysis
  • 11.10.6 Key Developments

12. Appendix

• 12.1 About The Insight Partners