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Aircraft Maintenance, Repair & Overhaul in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Aircraft Maintenance, Repair & Overhaul Market Research Report | NAICS 48819 | Oct 2014

Cruising altitude: Strong competition will constrain demand, but total revenue will slowly rise

IBISWorld’s Aircraft Maintenance, Repair & Overhaul market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$19bn
Annual Growth 09-14
1.9%
Annual Growth 14-19
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Profit
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Employment
119,918
Businesses
4,273
Industry Analysis & Industry Trends

In the near term, the industry will be picking up the pieces from the aftermath of the recession. Falling capacity among major airlines and a decline in the total number of active aircraft have resulted in less demand for aircraft services. However, because industry services include prescheduled maintenance and repairs needed to uphold government regulations, declines have been kept low. In the coming years, airlines will expand their fleets and ultimately require greater industry services... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry in the Aircraft Maintenance, Repair and Overhaul industry are moderate because the entire air transportation sector is highly regulated, and licensing and reporting requirements are high. Any company that wants to enter the industry needs to comply with the myriad regulations set out by the FAA while securing equipment and labor at the same time. The cost of machinery and equipment depends on a company's size. Also, skilled labor can be tough to find in tight labor markets, but it is usually available when unemployment rises.

Once a company enters the industry, it faces high levels of competition that make survival difficult... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Aircraft Maintenance, Repair & Overhaul Industry?

Companies in this industry provide support services to air transportation operators, such as aircraft inspection and testing; ferrying aircraft between departure gates and taxiways; aircraft maintenance and repair; and aircraft and parts overhaul. The main industry services are commonly referred to as maintenance, repair and overhaul (MRO).

Industry Products
Aircraft maintenance and repairAircraft and aircraft parts overhaul
 
Industry Activities
Maintenance, repair and overhaul (MRO) of aircraft and partsFerrying aircraft between departure gates and taxiwaysInspection and testing of aircraft


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