|Frost Radar in the Global Commercial Aircraft Maintenance, Repair, and Overhaul Market|
|A Measurement System to Spark Companies 2 Action (C2A)—Innovation that Fuels New Deal Flow and Growth Pipelines|
Frost & Sullivan reveals that the maintenance, repair, and overhaul (MRO) market experienced substantial growth in line with global fleet expansion. As the market worth $75 billion continues to increase for aircraft maintenance, MROs are adjusting capacity to meet the surging demand through the adoption of digital transformation, technology innovation, and unrivaled efficiencies as well as mergers, consolidations, buy-outs and alliances. Airlines are spinning their maintenance divisions off into separate MRO entities to produce fresh revenue streams as OEMs jockey for additional market share.
The recently released Commercial Aircraft Maintenance, Repair, and Overhaul Market Frost Radar provides results from an in-depth analysis built on a 360-degree research methodology where over 100 companies in the MRO industry were evaluated. The team of industry analysts identified 17 industry leaders excelling at innovation, poised for growth and ripe for investment, and recognizes them in the Frost Radar with insight into their innovative offerings, projected growth rates, strengths and opportunities for the future.