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AIRCRAFT LINE MAINTENANCE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Aircraft Line Maintenance Market, By Service Type (Engine Maintenance, Component Service, Line Maintenance, Airframe Service, and Others ), By Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, Very Large Aircraft, Regional Aircraft and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Jan 2024
  • Code : CMI6267
  • Pages :160
  • Formats :
      Excel and PDF
  • Industry : Aerospace and Defense

Aircraft Line Maintenance Market Size and Trends

The aircraft line maintenance market size is estimated to be valued at US$ 22.62 Bn in 2023 and is expected to reach US$ 33.58 Bn by 2030, exhibiting a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030.

The aircraft line maintenance market is segmented into service type, aircraft type, and region. By service type, the market is segmented into engine maintenance, component service, line maintenance, airframe service and others. The line maintenance segment held the largest market share in 2022 due to the periodicity and volume of line checks.

Aircraft Line Maintenance Market Trends:

  • Shift towards predictive maintenance: Airlines are shifting from conventional time-based line maintenance to modern predictive maintenance strategies enabled by technologies like IoT, big data analytics and AI. Engine sensors and other digital monitoring systems on-board aircraft produce huge volumes of real-time performance data. Analysis of this data helps predict potential faults or failures in components before they occur. Predictive maintenance, thus allows airlines to minimize unscheduled line checks, avoid operational disruptions and reduce maintenance costs. More MRO players offer predictive maintenance as a core service.
  • Adoption of composites and advanced materials in aircraft manufacturing: The use of composites and advanced materials in aircraft manufacturing has been steadily increasing over the past decade. Composites offer benefits like strength, corrosion resistance, and weight savings as compared to traditional aluminium airframes. Reduced weight allows for better fuel efficiency and lower operating costs. Commonly used in popular single-aisle airplanes like the A320, various components, including the fin and tail plane, have incorporated composite materials. This trend extends to well-known wide bodies like the A380, where composites make up for more than 20% of the superjumbo's overall airframe. As more planes with advanced materials enter service, it places greater demands on line maintenance techniques. Composites require special tools, training and repair processes as compared to metals. This helps sustain the demand for new composite-specific skills development programs among technicians. It also drives the need for advanced inspection tools capable of non-destructively evaluating composite airframe parts.
  • Outsourcing of line maintenance activities: Many airlines are increasingly outsourcing a large share of their line maintenance activities to specialized third-party MRO companies. Outsourcing helps airlines focus on their core business of passenger transportation while benefiting from MRO vendors' experience, skilled workforce, and economies of scale. MRO players are enhancing their service portfolios, geographic reach and workforce training to capitalize on this trend.
  • Increasing use of portable devices: Maintenance technicians are progressively relying on the use of digital portable devices and tools that can be carried to the aircraft site. Handheld devices, tablets and smartglasses preloaded with technical manuals, repair procedures and maintenance history aid technicians during line checks. Portable printers, wireless routers, Bluetooth scanners for reading barcode labels of parts and mobile calibration devices also assist line maintenance. Moreover, wearable technology is improving technicians' productivity and safety. The use of such portable devices for line maintenance is on the rise.

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