Market Revenue Defense Military Aircrafts Maintenance, Repair | Página 2

Additionally, growth in air surveys to determine the territories and the need to understand the location precisely
is contributing to the market growth. Moreover, growth in commercialization of aircraft maintenance business
is growing at a rapid pace resulting in growth of local players is contributing to the market growth. However,
significant costs and shortage of skilled personnel for maintenance and overhaul is likely to impede the market
growth slightly during the forecast period.
On the basis of type, the global defense military aircrafts maintenance, repair and overhaul market is segmented
into combat, trainer, transport, unmanned aircraft, special mission aircraft, attack helicopters and utility
helicopters. On the basis of component, the global defense military aircrafts maintenance, repair and overhaul
market is segmented into airframe, line, engine, component maintenance and modifications.
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On the basis of geographic segmentation, the global defense military aircrafts maintenance, repair and overhaul
market spans North America, Latin America, Europe, Middle-East, Asia-Pacific and Africa. Europe is anticipated
to grow during the forecast period owing to growth in military activities in order to safeguard borders. North
America stands second in the market owing to rising imports of aircrafts in order to strengthen the defense
system and conduct military activities.
APAC regions are anticipated to grow during the forecast period with regards to commercialization of aircraft
maintenance business and technological advancement. Middle-East and African regions are anticipated to grow
at a moderate CAGR owing to low investment and low spending on aircraft business. The key players in the
global defense military aircrafts maintenance, repair, and overhaul market include Airbus Group, Hong Kong
Aircraft Engineering Company Limited (HAECO), Honeywell Limited, Lockheed Martin, Singapore Technologies
Aerospace.
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