Helicopter MRO Market Size, Share, Trend, Analysis, Growth 2025

Posted April 1, 2020 by nita01

Helicopter MRO Market is expected to reach USD 12,342.1 Million by 2025 at a CAGR of 4.55% during the forecast period.
Helicopter MRO Market Overview
Helicopter MRO Market is expected to reach USD 12,342.1 Million by 2025 at a CAGR of 4.55% during the forecast period.
MRO ensures the airworthiness of helicopters for the safety of passengers, crew, and operations. As the MRO industry is heavily regulated by regional and international aviation agencies, OEMs and operators are required to adhere to stringent policies and regulations. Furthermore, key players providing helicopter MRO services are required to obtain certifications and approvals from the necessary aviation safety agencies.
Helicopter MRO Market Segmental Analysis
The Global Helicopter MRO Market has been segmented based on type, helicopter type, and application.
By type, the market has been segmented into airframe heavy maintenance, engine maintenance, component maintenance, and line maintenance. Component maintenance encompasses various small and large components in helicopters. As the spare parts and sub-systems for helicopters are easily available, the costs involved in component maintenance are less as compared to other types of maintenance. This type of maintenance is carried out frequently as it is not time-consuming. Companies such as Airbus SAS, Bell Helicopters, and Boeing provide the standard spare parts for helicopters.
Helicopter MRO Market Competitive Analysis
The key players in the Global Helicopter MRO Market are Heli-One (Canada), Honeywell International Inc. (US), Leonardo SpA (Italy), Airbus SAS (Netherlands), MTU Aero Engines AG (Germany), Rolls-Royce Holdings PLC (UK), Safran SA (France), StandardAero (US), Textron Inc. (US), and United Technologies Corporation (US).
Helicopter MRO Market Key Developments
In May 2018, StandardAero commenced restructuring of its Canadian MRO facilities to create three different Centers of Excellence (CEOs) specifically for supporting helicopter airframe/component MRO services, helicopter engine MRO services, and turboprop engine MRO services.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/helicopter-mro-market-8523
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Last Updated April 1, 2020