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Aircraft Maintenance, Repair & Overhaul in Canada - Industry Market Research Report

  • ID: 4577950
  • Report
  • Region: Canada
  • 39 pages
  • IBISWorld
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Gaining altitude: Positive economic conditions are expected to catalyze demand for industry services

Aircraft Maintenance, Repair & Overhaul in Canada

The Aircraft Maintenance, Repair and Overhaul (MRO) industry in Canada has grown over the five years to 2019 amid positive macroeconomic factors. The increasingly interconnected network of air traffic globally and domestically has facilitated stable demand for industry services. Industry performance is directly tethered to air traffic patterns, which increases wear and tear on existing aircraft and foments investment into new fleet and aircraft. Since all aircraft require regular maintenance, an increase in the number of flight hours per aircraft facilitates an increase in demand for MRO services. Downstream demand is typically derived from consumer, business and defence markets. Federal defence spending has been on the rise and improved disposable income levels have boosted demand from the consumer level. However, Canadian residents have been reluctant to travel abroad due to the depreciation of the Canadian dollar. Over the five years to 2024, the industry is expected to continue its gradual ascent.

This industry services, repairs, overhauls and maintains aircraft, except on a factory basis, while also providing ancillary support services for air transportation operations including inspections and testing, among other activities. This does not include providing janitorial and cleaning services for airlines or providing food catering services for airlines.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
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  • United Technologies Corporation
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