Tuesday 28 April 2015, Amsterdam
The report recognizes the following companies as the key players in the Global Commercial Aircraft PMA Market: AMETEK Inc., Parker Hannifin Corp., Pratt & Whitney Co., Precision Castparts Corp. and Rockwell Collins Inc.
Other Prominent Vendors in the market are: Able Engineering & Component Services, Adpma
Aero Brake & Spares, Airforms, AirGroup America, Aviation Component Solutions, B/E Aerospace, Chromalloy, Dixie Aerospace, HEICO, Kapco Global, Spirit AeroSystems, Triumph Group, Wencor Group and Zodiac Aerospace.
The report said: “The changing attitude of lessors toward aircraft Parts Manufacturer Approval (PMA) parts is a key trend in the market. Lessors have grown more positive toward the acceptance of PMA parts and the growth rate in utilization of these parts by airlines and MRO providers worldwide is also positively influencing the market.”
According to the report, cost efficient solutions through PMA parts is a major driver that is expected to accelerate the overall market growth. The acceptance of PMA parts by airlines and MRO providers has increased worldwide, along with the increased approval from authorities like the Federal Aviation Administration.
Further, the report states that the difficulties associated with the utilization of PMA parts and DER repairs associated with them is a major challenge for the market, as sometimes it turns out to be more expensive than using OEM parts and repairs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.