Aircraft Heavy Maintenance Visit

Aircraft Heavy Maintenance Visit

Global Aircraft Heavy Maintenance Visit Market to Reach US$4.5 Billion by 2030

The global market for Aircraft Heavy Maintenance Visit estimated at US$3.9 Billion in the year 2023, is expected to reach US$4.5 Billion by 2030, growing at a CAGR of 1.8% over the analysis period 2023-2030. Airframe & Modifications MRO, one of the segments analyzed in the report, is expected to record a 2.1% CAGR and reach US$2.3 Billion by the end of the analysis period. Growth in the Engine MRO segment is estimated at 1.6% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.1 Billion While China is Forecast to Grow at 3.8% CAGR

The Aircraft Heavy Maintenance Visit market in the U.S. is estimated at US$1.1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$860.4 Million by the year 2030 trailing a CAGR of 3.8% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 0.3% and 1.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 0.8% CAGR.

Global Aircraft Heavy Maintenance Visit Market - Key Trends and Drivers Summarized

An aircraft heavy maintenance visit (HMV) is an extensive and thorough maintenance process that aircraft undergo at specific intervals, typically every 4-6 years, depending on the aircraft type and regulatory requirements. This maintenance is far more comprehensive than routine checks, involving detailed inspections, repairs, overhauls, and modifications. An HMV ensures that the aircraft meets all safety and performance standards, addressing both the airframe and the various systems onboard. These visits are essential for the longevity and reliability of the aircraft, ensuring safe operations and compliance with aviation regulations.

The HMV process includes several critical steps, starting with a complete disassembly of the aircraft to inspect structural components, systems, and wiring for wear, damage, or corrosion. Technicians perform non-destructive testing (NDT) methods such as ultrasonic, eddy current, and x-ray inspections to detect flaws that are not visible to the naked eye. Following the inspection phase, necessary repairs and replacements are carried out, which may include updating avionics systems, refurbishing interiors, and applying corrosion protection measures. Once all repairs and modifications are completed, the aircraft is reassembled and subjected to rigorous functional testing to ensure all systems operate correctly. This process can take several weeks to months, depending on the scope of work and the specific requirements of the aircraft.

The growth in the aircraft heavy maintenance visit market is driven by several factors, including the aging global aircraft fleet, increased air travel demand, and advancements in maintenance technologies. As the global fleet of commercial and military aircraft continues to age, the need for regular and comprehensive maintenance to ensure safety and efficiency has become more pronounced. The rising demand for air travel, especially in emerging markets, has led to a higher utilization of aircraft, necessitating more frequent HMVs. Additionally, advancements in maintenance technologies, such as predictive maintenance and digital twin technology, have enhanced the efficiency and effectiveness of HMVs, allowing for more precise and timely interventions. These technologies enable maintenance providers to predict potential issues before they become critical, reducing downtime and improving aircraft availability. Furthermore, regulatory requirements mandating strict maintenance standards continue to drive the demand for HMVs, ensuring that all aircraft comply with the highest safety standards. As these factors converge, the aircraft heavy maintenance visit market is poised for sustained growth, meeting the evolving needs of the aviation industry.

Select Competitors (Total 86 Featured) -

• AAR Corporation
• Acumen Aviation Europe Limited
• Air France-KLM
• Airbus SE
• Ascent Aviation Services Corporation
• Aviation Technical Services, Inc.
• BAE Systems, Inc.
• Boeing Company, The
• GlobeAir AG
• Honeywell International, Inc.
• Hong Kong Aircraft Engineering Co., Ltd. (HAECO Group)
• Lufthansa Technik AG
• MTU Aero Engines AG
• Singapore Technologies Engineering Ltd. (ST Engineering)
• SR Technics Switzerland Ltd.;

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