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- Find out at what rate the market is forecast to grow through to 2025
- Understand the factors driving growth in this market
- Assess the challenges facing players in the global military aviation MRO market
- Learn about the impact defense budgets have on military aviation spending
- Understand which segments of the market are the fastest growing
Reasons To Buy
How is the global military aviation MRO market performing?
What drives this markets performance?
What challenges face players in this market?
How does market performance differ from region to region and why?
Table of Contents
GLOBAL MILITARY AVIATION MRO MARKET SIZE AND DRIVERS
Global military aviation MRO market to show positive growth during the forecast period
North America dominates the global military aviation MRO market
Multi-Role Aircraft MRO to drive the North American Military Aviation MRO spending
Aviation MRO market in Asia-Pacific to witness robust growth over the forecast period
European military aviation MRO market expected to increase despite defense budget cuts
Markets in the Middle East to record robust spending on military aviation MRO
Military Aviation MRO sector poised to register strong growth in the Latin American region
Military aviation market in Africa expected to register moderate growth over the forecast period
Military Aviation MRO Sub-Sector Market Size Composition
Multi-role Aircraft MRO market will remain the largest but will lose its share over the forecast period
Transport and Other Aircraft MRO to account for the second largest segment in this sector
Market for Multi-mission Helicopter MRO to account for the third largest segment in this sector
Market for Transport Helicopter MRO to account for the third largest segment in this sector
Market for UAV MRO to register a CAGR of 7.47% during the forecast period
DEMAND DRIVERS AND GROWTH STIMULATORS
Aging military aircraft fleets act as catalyst for the aviation MRO market
Technological innovations driving the military MRO market
Consistent increase in the global military aircraft fleet
North American defense expenditure is projected to increase marginally during the forecast period
European capital expenditure expected to increase during the forecast period
Asian defense budgets expected to increase at a robust pace
Modernization programs likely to drive defense expenditure in South American countries
Military budgets of African countries expected to increase during the forecast period
Defense budgets of Middle Eastern countries likely to increase during the forecast period
DEFENSE MODERNIZATION REVIEW
Financial constraints causing delays in European defense modernization programs
Defense budgets of Asian countries are likely to be driven by competitive arms acquisitions
Global economic slowdown leading to defense budget cuts in the North American region
Need to replace aging equipment driving South American defense expenditure
Security threats are increasing the defense budgets of African countries
Demand for aviation MRO services is likely to increase in the Middle East
INDUSTRY TRENDS, RECENT DEVELOPMENTS AND CHALLENGES
3D printing used to manufacture attack aircraft parts
DSTO has developed the C-130J aircraft propeller balancing software
South Korea introduces radar absorbing paint for military aircraft
Snubber technology to result in cost savings in engine repairs
An acoustic system developed to monitor the structural integrity in military aircraft
Performance based logistics (PBL) contracts to increase
Outsourcing of MRO activities to achieve cost benefits
Entry of civil MRO providers into the military domain intensifies competition
Partnership programs are expected to increase over the forecast period
Consolidation of businesses in the face of global defense budget cuts will become more active
Private equity interest growing in the aviation MRO sector
Taxation hurdles hamper indigenous growth in some countries
Lack of skilled personnel
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