What are the top 10 Aircraft MRO Companies?
The aircraft MRO market was valued at US$ 49.80 billion in 2020 and is projected to reach 68.35 billion by 2028; it is expected to grow at a CAGR of 4.3% from 2021 to 2028.
Considering the growing competition worldwide, the implementation of digital technologies is a necessary step toward the growth of MRO companies. Digitalization will help the industry to create a continuous stream of data flowing through different levels of the supply chain. Further, it will also streamline the communication between the stakeholders and accelerating innovation in various operations. The digital transformation in the aviation industry substantially impacts all areas of the supply chain of the industry such as air traffic management, aircraft operations, and aircraft and component manufacturing and servicing.
The overall aircraft MRO market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
Comments
Post a Comment