South East Asia Air Maintenance, Repair and Operations Market
South East Asia Air Maintenance, Repair and Operations market is expected to reach USD 8,038.05 million by 2031 from USD 6,077.60 million in 2024, growing with a CAGR of 4.1% in the forecast period of 2024 to 2031.
Market Segmentation:
South East Asia Air Maintenance, Repair and Operations market, Type (MRO Equipment, MRO Services, MRO Software), Wing Type (Fixed Wing, Rotary Wing), Aircraft Type (Narrow Body, Wide Body, Helicopter, Regional Jet, and Very Large Aircraft), Generation (Old Generation, Mid Generation, & New Generation Aircraft), Application (Inspection, Part Replacement, Predictive Analysis, Performance Monitoring, Mobility & Functionality), End User (Airline/Operator MRO, Independent MRO, Cargo MRO, Original Equipment Manufacturer (OEM) MRO)), Aviation Type (Civilian Aviation, Military Aviation, and Training Aviation), Countries (Indonesia, Thailand, Malaysia, Vietnam, Singapore, Philippines, Myanmar, Cambodia, Laos, rest of South East Asia)- Industry Trends and Forecast to 2031
Overview of South East Asia Air Maintenance, Repair and Operations Market Dynamics:
Driver
• Increasing need for regular maintenance and operations
Restraint
• Fluctuations in economic conditions can impact airline profitability and MRO spending
Opportunity
• Expanding air travel in Southeast Asia Creates New Opportunities for MRO Services
Market Players:
The key market players operating in the South East asia air maintenance, repair and operations market are listed below:
• ST Engineering
• AAR
• StandardAero
• MTU Aero Engines AG
• General Dynamics Corporation
• PT GMF AEROASIA TBK
• Rolls-Royce plc
• Safran
• Textron Inc.
• ExecuJet MRO Services
• Lufthansa Group
• Sepang Aircraft Engineering Sdn Bhd
• AIROD SDN BHD
• Asia Aerotechnics Sdn Bhd.
• FL Technics
• Lion Air
• Malaysia Airlines Berhad
• PT. Dirgantara Indonesia
• PT. KALIMASADA PUSAKA
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