Aero-engine Maintenance, Repair and Overhaul 2021 – Report Release

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3 February 2021 - 9:19, by , in Uncategorised, Comments off

On February 3rd 2021, Counterpoint released its first report on the Aero-engine MRO market – Aero-engine Maintenance, Repair and Overhaul 2021.

In our first review of the Aero-engine Maintenance, Repair and Overhaul market, we report on this $47 billion aftermarket in 2019, and the 50% market size reduction in 2020 caused by the Covid-19 pandemic. The current landscape was forecast to show the market peaking through to and beyond the mid-2020s driven by numerous large commercial aircraft engine MRO requirements. This growth was due to occur because of a large number of first run engine shop visits, as well as the coinciding and compounding effect of mature shop visits. In this report, we analyse the specific aircraft and engine pairings in-service commenting on the future outlook, their impact on the recovery, and when the next engine MRO peak might now occur.

Why buy this 276-page report?

Because at this time of unprecedented market stress, we offer rigorous and insightful market analysis. As analysts and appraisers, our team has been analysing aero-engine markets for over 10 years.

The Aero-engine MRO market has seen a 50% contraction in 2020 compared what was forecast to be a period of strong growth through to mid-2020 supported by an upsurge in engine shop visits in the large commercial aircraft sector. We analyse the specific aircraft and engine pairings in service, commenting on the future outlook and their impact on the recovery.

We believe that we are well placed to describe the current market, identify trends, and advise on maintenance costs, emerging opportunities, and the recovery.

Our new report also offers comprehensive market analysis including:

  • The estimated segmentation of this $47 billion market in 2019, including:
    • Aftermarket for engine, aircraft, and MRO type
    • Generic aircraft type: e.g., large commercial, regional, business jets, helicopters
    • Apportioning of MRO spend per engine variant for each generic aircraft type.
  • We segment MRO supplier commentary by OEM, Airline, and Independents.
    • Supplier commentary and market estimates for Auxiliary Power Units

We have created a detailed market model analysing the scheduled MRO cycle of 550 aircraft/engine pairing types;

  • We break this down by engine variant and equivalent engine OEM spend.
  • For large commercials, regionals and freighters, we show shop visit and LLP spend.
  • We show the impact of the Covid-19 pandemic on the industry, with the sharp market decline in 2020, and 10-year forecasts with three post-Covid-19 recovery scenarios.

We believe our report is the most detailed and in-depth report on this market segment available today. We include profiles of 85 companies including; origins and ownership; our estimate of Aero-engine MRO sales, plus financials if obtainable; operations and capability; customers and contracts; strategy and recent developments; our comments including our views on the engine types served and licensing opportunities.

For more information on this report please download the report flyer below or contact Richard Apps at richardapps@cpmil.com

Download the PDF Flyer

 

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