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A Measurement System to Spark Companies 2 Action (C2A)—Innovation that Fuels New Deal Flow and Growth Pipelines
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Prior to the 1990s, airlines around the world staffed thousands of employees to keep their fleets airworthy and flying. A combination of the emergence of low-cost carriers (LCLs) and airlines being driven to reduce overhead created a competitive environment to purchase lower cost maintenance from third-party vendors. Seventeen commercial aircraft maintenance organizations, known as MROs, globally have earned a place on this 2019 Frost RADAR® for Global Commercial Aircraft Maintenance, Repair, and Overhaul Market. As demand continues to increase for aircraft maintenance, MROs attempt to adjust capacity to meet the demand. Results of MRO expansions have led to mergers, consolidations, buy-outs, many companies creating alliances, and some going out of business. Aircraft maintenance, once considered just a cost of doing business for airlines, has become a competitive business. Many airlines around the world have spun their MRO business off into a separate entity and have produced yet another revenue stream. Now, OEMs are jockeying for the same, to capture the aftermarket opportunities. Specific restraints, such as available touch labor with the skill set to perform maintenance, reacting to reduced demand caused by heavy airline flight schedules, and outright competition have pushed MROs to get innovative and find savvy expansion in order to prevail. Tight profit margins and full liability are part of doing everyday business for MROs and there is no room for error when it comes to quality, schedule, and cost. This 2019 Frost RADAR® includes the premier MROs. The Frost Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar methodology. The document presents competitive profiles on each of the companies in the Frost Radar based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Frost Radar, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients.
This study focuses the global MRO market for third-party airframe maintenance and gives an overview of the current market landscape.
Included in this strategic analysis is the placement of the MRO companies on the Frost RADAR® based on growth and innovation displayed.
In addition to the Frost RADAR® chart, each company will be identified, profiled, and analyzed, along with the identification of the outlook and opportunities for each individual MRO.
Key Issues Addressed
Author: Timothy Kuder
Commercial Aerospace MRO Market in the United States, 2019
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
Global Military Aircraft Maintenance, Repair, and Overhaul (MRO) Market
Analysis of the Indian Aerospace Industry
packaged food industry
augmented reality market
power electronics market
diet food market
smart meter market
thermal spray coatings market
3d printer market share
energy storage market
heavy commercial vehicles market
fleet management market
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