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The Global Military Aviation MRO Market 2015-2025:Market drivers, trends, developments and challenges

  • December 2015
  • 42 pages
  • MarketLine
Report ID: 3662205

Summary

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Introduction

The global military aviation MRO market is expected to increase at a CAGR of 3.41% over the forecast period. The Multi-role aircraft MRO segment will see the highest spending. Global military aviation MRO providers to venture into joint research and development programs. Defense budget cuts and the global economic crisis are not expected to significantly affect the growth of the global market.

Features and benefits

* 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

Highlights

The market is dominated by North America, where Multi-Role Aircraft are expected to be the main driver. Asia-Pacific is expected to see robust growth, as is Europe, despite budget cuts. The under-developed African market will grow due to the internal security threats. However, growth will be more modest than in other regions.
Technological innovations are a driver as defense ministries can ensure that their forces have the latest equipment by renewing aging fleets, thus avoiding criticism about endangering troops. Despite budgetary constraints, Europe and North America are expected to grow, as are the Asian and African markets.
MRO activities are now being outsourced to achieve cost benefits and Performance based logistics contracts are set to increase. The entry of civil MRO providers into the military domain intensifies competition in an industry experiencing consolidation. Taxation hurdles and a lack of skilled personnel remain obstacles to growth.

Your key questions answered

* How is the global military aviation MRO market performing?
* What drives this market's performance?
* What challenges face players in this market?
* How does market performance differ from region to region and why?

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