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South America Aircraft MRO Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component, Aircraft Type, and End-User

  • ID: 5359790
  • Report
  • June 2021
  • 110 pages
  • The Insight Partners
UP TO OFF
until Sep 30th 2021

FEATURED COMPANIES

  • AAR
  • Barnes Group Inc.
  • Collins Aerospace
  • Delta TechOps
  • GE Aviation
  • Lufthansa Technik
Military Segment is Expected to be Fastest Growing During Forecast Period for SAM Region



According to this research study titled “SAM Aircraft MRO Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Component, Aircraft Type, and End-User,” the market is expected to reach US$ 2.84 billion by 2028 from US$ 2.46 billion in 2021. The market is estimated to grow at a CAGR of 2.1 % from 2021 to 2028. The report provides trends prevailing in the SAM aircraft MRO market along with the drivers and restraints pertaining to the market growth.Rising demand for MRO services and emergence of digital technology for MRO industry are the major factor driving the growth of the SAM aircraft MRO market. However, escalating share of original equipment manufacturers (OEMs) in the aftermarket hinders the growth of SAM aircraft MRO market.

In case of COVID-19, SAM is highly affected, especially Brazil, followed by Peru, Chile, Colombia, and Ecuador, among others. The governments in SAM have taken an array of actions to protect their citizens and contain COVID-19’s spread. Brazil is the largest spender in the aerospace industry and has the highest number of airports in the region. The Brazilian government is eyeing on developing airport infrastructure; however, the COVID-19 outbreak has shifted the focus toward human well-being. This has resulted in allocation of limited resources and investments toward airport infrastructure and services, thereby slowing the adoption of aircraft MRO services. This factor has negatively impacted the aircraft MRO market. Furthermore, closing of airline businesses in the region is also expected to hamper the growth of the market in the region. For example, Argentinian branch of LAN Argentina is closing due to the economic uncertainty caused by COVID-19.

The SAM aircraft MRO market has been segmented on the basis on component, aircraft type, end-user, and country. Based on component, the market has been segmented into engine MRO, avionics MRO, airframe MRO, cabin MRO, landing gear MRO, and others. The engine MRO segment dominated the SAM aircraft MRO market in 2020 and is also expected to be fastest growing during forecast period. The market by aircraft type has been bifurcated into fixed wing aircraft and rotary wing aircraft. The fixed wing aircraft segment dominated the SAM aircraft MRO market in 2020 and is also expected to be fastest growing during forecast period. Further, based on end-user, it has been categorized into commercial and military. The commercial segment dominated the SAM aircraft MRO market in 2020 and military segment is expected to be fastest growing during forecast period.

AAR, Barnes Group Inc., Collins Aerospace, Delta TechOps, GE Aviation, Lufthansa Technik, and Rolls-Royce plc. are among the leading companies in the SAM aircraft MRO market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Lufthansa Technik and the Mexican carrier MasAir Cargo Airline have signed a comprehensive Total Component Support contract covering repair and overhaul of components for MasAir's Boeing 767F fleet. The new contract governs supply for up to 14 aircraft over a period of five years. This is the first contract signed directly between Lufthansa Technik and MasAir.

The report segments the SAM Aircraft MRO Market as follows:

SAM Aircraft MRO Market - By Component
  • Engine MRO
  • Avionics MRO
  • Airframe MRO
  • Cabin MRO
  • Landing Gear MRO
  • Others
SAM Aircraft MRO Market - By Aircraft Type
  • Fixed Wing Aircraft
  • Rotary Wing Aircraft
SAM Aircraft MRO Market - By End-User
  • Commercial
  • Military
SAM Aircraft MRO Market - By Country
  • Brazil
  • Argentina
  • Rest of SAM
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AAR
  • Barnes Group Inc.
  • Collins Aerospace
  • Delta TechOps
  • GE Aviation
  • Lufthansa Technik
1. Introduction
1.1 Study Scope
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. SAM Aircraft MRO Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions

5. SAM Aircraft MRO Market - Key Market Dynamics
5.1 Drivers
5.1.1 Rising Demand for MRO Services
5.1.2 Emergence of Digital Technology for MRO Industry
5.2 Restraints
5.2.1 Escalating Share of Original Equipment Manufacturers (OEMs) In the Aftermarket
5.3 Opportunities
5.3.1 Deployment of Retrofitting Technologies for Improved Aircraft
5.4 Future Trends
5.4.1 Integration with Blockchain Technology
5.5 Impact Analysis of Drivers and Restraints

6. Aircraft MRO Market - SAM Analysis
6.1 SAM Aircraft MRO Market Overview
6.2 SAM Aircraft MRO Market Revenue Forecast and Analysis

7. SAM Aircraft MRO Market Revenue and Forecast to 2028 - By Component
7.1 Overview
7.2 SAM Aircraft MRO Market Breakdown, by Component, 2020 and 2028
7.3 Engine MRO
7.3.1 Overview
7.3.2 Engine MRO Market Forecast and Analysis
7.4 Avionics MRO
7.4.1 Overview
7.4.2 Avionics MRO Market Forecast and Analysis
7.5 Airframe MRO
7.5.1 Overview
7.5.2 Airframe MRO Market Forecast and Analysis
7.6 Cabin MRO
7.6.1 Overview
7.6.2 Cabin MRO Market Forecast and Analysis
7.7 Landing Gear MRO
7.7.1 Overview
7.7.2 Landing Gear MRO Market Forecast and Analysis
7.8 Others
7.8.1 Overview
7.8.2 Others Market Forecast and Analysis

8. SAM Aircraft MRO Market Revenue and Forecast to 2028- By Aircraft Type
8.1 Overview
8.2 SAM Aircraft MRO Market Breakdown, by Aircraft Type, 2020 and 2028
8.3 Fixed Wing
8.3.1 Overview
8.3.2 Fixed Wing Market Forecast and Analysis
8.4 Rotary Wing
8.4.1 Overview
8.4.2 Rotary Wing Market Forecast and Analysis

9. SAM Aircraft MRO Market Revenue and Forecast to 2028- By End-User
9.1 Overview
9.2 SAM Aircraft MRO Market Breakdown, by End-User, 2020 and 2028
9.3 Commercial
9.3.1 Overview
9.3.2 Commercial Market Forecast and Analysis
9.4 Military
9.4.1 Overview
9.4.2 Military Market Forecast and Analysis

10. SAM Aircraft MRO Market - Country Analysis
10.1 Overview
10.1.1 SAM: Aircraft MRO Market, by Key Country
10.1.1.1 Brazil: Aircraft MRO Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.1.1.1 Brazil: Aircraft MRO Market, by Component
10.1.1.1.2 Brazil: Aircraft MRO Market, by Aircraft Type
10.1.1.1.3 Brazil: Aircraft MRO Market, by End-User
10.1.1.2 Argentina: Aircraft MRO Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.1.2.1 Argentina: Aircraft MRO Market, by Component
10.1.1.2.2 Argentina: Aircraft MRO Market, by Aircraft Type
10.1.1.2.3 Argentina: Aircraft MRO Market, by End-User
10.1.1.3 Rest of SAM: Aircraft MRO Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.1.3.1 Rest of SAM: Aircraft MRO Market, by Component
10.1.1.3.2 Rest of SAM: Aircraft MRO Market, by Aircraft Type
10.1.1.3.3 Rest of SAM: Aircraft MRO Market, by End-User

11. SAM Aircraft MRO Market - COVID-19 Impact Analysis
11.1 SAM: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition

13. Company Profiles
13.1 AAR
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Barnes Group Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 GE Aviation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Lufthansa Technik
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Delta TechOps
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Rolls-Royce plc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Collins Aerospace
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments

14. Appendix
14.1 About the Publisher
14.2 Word Index

List of Tables
Table 1. SAM Aircraft MRO Market Revenue and Forecast to 2028 (US$ Billion)
Table 2. SAM: Aircraft MRO Market, by Country - Revenue and Forecast to 2028 (US$ Billion)
Table 3. Brazil: Aircraft MRO Market, by Component - Revenue and Forecast to 2028 (US$ Billion)
Table 4. Brazil: Aircraft MRO Market, by Aircraft Type - Revenue and Forecast to 2028 (US$ Billion)
Table 5. Brazil: Aircraft MRO Market, by End-User - Revenue and Forecast to 2028 (US$ Billion)
Table 6. Argentina: Aircraft MRO Market, by Component - Revenue and Forecast to 2028 (US$ Billion)
Table 7. Argentina: Aircraft MRO Market, by Aircraft Type - Revenue and Forecast to 2028 (US$ Billion)
Table 8. Argentina: Aircraft MRO Market, by End-User - Revenue and Forecast to 2028 (US$ Billion)
Table 9. Rest of SAM: Aircraft MRO Market, by Component - Revenue and Forecast to 2028 (US$ Billion)
Table 10. Rest of SAM: Aircraft MRO Market, by Aircraft Type - Revenue and Forecast to 2028 (US$ Billion)
Table 11. Rest of SAM: Aircraft MRO Market, by End-User - Revenue and Forecast to 2028 (US$ Billion)
Table 12. List of Abbreviation

List of Figures
Figure 1. SAM Aircraft MRO Market Segmentation
Figure 2. SAM Aircraft MRO Market Segmentation - By Country
Figure 3. SAM Aircraft MRO Market Overview
Figure 4. SAM Aircraft MRO Market, by Component
Figure 5. SAM Aircraft MRO Market, by Aircraft Type
Figure 6. SAM Aircraft MRO Market, by End-User
Figure 7. SAM Aircraft MRO Market, By Country
Figure 8. Porter’s Five Forces Analysis
Figure 9. SAM Aircraft MRO Market- Ecosystem Analysis
Figure 10. SAM Aircraft MRO Market Impact Analysis of Driver and Restraints
Figure 11. SAM Aircraft MRO Market Revenue Forecast and Analysis (US$ Billion)
Figure 12. SAM Aircraft MRO Market Breakdown, by Component, 2020 and 2028(%)
Figure 13. SAM Engine MRO Market Revenue and Forecast to 2028 (US$ Bn)
Figure 14. SAM Avionics MRO Market Revenue and Forecast to 2028 (US$ Bn)
Figure 15. SAM Airframe MRO Market Revenue and Forecast to 2028 (US$ Bn)
Figure 16. SAM Cabin MRO Market Revenue and Forecast to 2028 (US$ Bn)
Figure 17. SAM Landing Gear MRO Market Revenue and Forecast to 2028 (US$ Bn)
Figure 18. SAM Others Market Revenue and Forecast to 2028 (US$ Bn)
Figure 19. SAM Aircraft MRO Market Breakdown, by Aircraft Type, 2020 and 2028 (%)
Figure 20. SAM Fixed Wing Market Revenue and Forecast to 2028 (US$ Bn)
Figure 21. SAM Rotary Wing Market Revenue and Forecast to 2028 (US$ Bn)
Figure 22. SAM Aircraft MRO Market Breakdown, by End-User, 2020 and 2028(%)
Figure 23. SAM Commercial Market Revenue and Forecast to 2028 (US$ Bn)
Figure 24. SAM Military Market Revenue and Forecast to 2028 (US$ Bn)
Figure 25. SAM: Aircraft MRO Market, by Key Country - Revenue (2020) (USD Billion)
Figure 26. SAM: Aircraft MRO Market Revenue Share, by Key Country (2020 and 2028)
Figure 27. Brazil: Aircraft MRO Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 28. Argentina: Aircraft MRO Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 29. Rest of SAM: Aircraft MRO Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 30. Impact of COVID-19 Pandemic in SAM Country Markets
Note: Product cover images may vary from those shown
  • AAR
  • Barnes Group Inc.
  • Collins Aerospace
  • Delta TechOps
  • GE Aviation
  • Lufthansa Technik
  • Rolls-Royce plc.
Note: Product cover images may vary from those shown
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