New analysis from business intelligence provider indicates that the commercial aircraft aftermarket parts and logistics market will reach a value of $22.98bn in 2013 because of growing demand for maintenance services to handle the global fleet of commercial aircraft.
Expansion of air travel and the subsequent number of active aircraft set to be in operation over the next ten years will ensure that that there is a steady demand for MRO and aftermarket parts. As many airlines continue to rely on outsourcing of MRO, the nature of managing aftermarket parts supply chains is becoming increasingly complex. Airlines and independent MRO providers which are able to carry out logistics efficiently through correct management systems and procedures will gain considerable competitive advantage in parts availability and reduced operating costs, therefore improving on their balance sheets.
The author of the report, titled ‘Commercial Aircraft Aftermarket Parts and Logistics Market 2013-2023’, commented that “More than ever, the need to ensure that parts and components are available on time and at reduced cost is such an important factor for airlines operating a profitable business that it really cannot be ignored”.
The 135 page report contains 103 tables, charts and graphs that add visual analysis in order to explain developing trends within the commercial aircraft aftermarket parts and logistics market. The new report provides forecasts for the period 2013-2023 in terms of value (US$) for the global the commercial aircraft aftermarket parts and logistics market. In addition, 6 regional markets are forecast and analysed over the period 2013-2023. The report provides profiles of 27 leading companies operating within the market and provides details of 83 contracts signed in the market.
The Commercial Aircraft Aftermarket Parts and Logistics Market 2013-2023 report will be of value to current and future potential investors as well as companies and research centres who wish to broaden their knowledge of the commercial aircraft aftermarket parts and logistics market.