Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Commercial MRO Market Spending Hovers Around USD 13.0 Billion among Top-3 Nations of NE Asia in 2019
save 15 %
* Required Fields
Pay by invoice
This study aims to evaluate the commercial aircraft fleet and spending on MRO services among the top 3 Northeast Asian nations consisting of China, South Korea, and Japan boasting a combined airline fleet size of close to 5,000 aircraft at the end of 2019. The study focuses on the fleet and MRO spending comparisons among these top 3 N.E. Asian nations. It further delves into the fleet patterns by country comprising narrow-body, wide-body, and regional jets. MRO market trends and opportunity areas in terms of fleet types and corresponding MRO service areas such as Line, Airframe, Engine, and Component Maintenance have been outlined by country and aircraft fleet types. This research service discusses the changing commercial fleet dynamics in N.E. Asia including strategic imperatives for airlines, MROs, and OEMs in the aftermarket; trends in commercial aircraft fleet in N.E. Asia; commercial aircraft fleet size in N.E. Asia by aircraft OEM; commercial aircraft fleet size in N.E. Asia by aircraft category, type, and aircraft model. The commercial airline market is experiencing excellent year-on-year growth owing to the healthy economic progress, rising middle-class population, and increased consumer expenditure, which translates to better passenger traffic growth. With low fuel prices, older aircraft can be kept flying longer thereby keeping the MRO market buoyant. The N.E Asian region is receiving more new deliveries of A320 NEOs and Boeing B737 NGs as the preferred aircraft model of low-cost carriers; hence many MRO service providers are concentrating on building their capabilities on narrow-body aircraft. China has the largest aircraft fleet size and MRO expenditure remains the highest across among the countries within the region. Its competitive offerings are in terms of lower pricing against its competitors and capacity advantage to accommodate a large fleet owing to a large number of maintenance hangars and presence of international collaborations with global OEMs. MRO spending for Japan-registered aircraft is higher than that of S. Korea, although much smaller than China. Advances in technology adoption have given the country a competitive edge against its rivals in providing high-quality maintenance work. The study also focuses on the commercial MRO market measurements, which further includes trends in MRO business of the N.E. Asian region, MRO spending by aircraft manufacturer, MRO spending by MRO segments, and MRO Country Benchmarking Index. Furthermore, the study offers a detailed discussion on the N.E. Asian commercial MRO market outlook including company profiles of selected market participants in each country, growth opportunity in the commercial MRO market, key highlights of the industry, and strategic imperatives for MRO companies, airlines, and OEMs in the aftermarket. Finally, the study provides strategic growth opportunities in the aftermarket as well as the 3 key predictions.Author: Shantanu Gangakhedkar
Commercial MRO Market in Southeast Asia, 2019
Global Commercial Aerospace Aftermarket, 2019
Commercial Aerospace MRO Market in the United States, 2019
Frost Radar in the Global Commercial Aircraft Maintenance, Repair, and Overhaul Market
Commercial MRO Market in Japan, 2018
Commercial MRO Market in Indonesia, 2018
Malaysian Commercial MRO Market, 2018
Global Maintenance, Repair & Overhaul (MRO) Facility Landscape, 2018
Global Aerospace Logistics IIoT, 2016
Commercial Aviation in APAC
diabetes care devices market
power electronics market
alternative energy market
virtual reality market
flexible electronics market
wearable electronics market
residential energy storage market
residential solar market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.