Global Civil Helicopter MRO Market 2016-2020 – Key Vendors are AgustaWestland, Airbus Helicopters, Bell Helicopters, Russian Helicopter & Sikorsky Aircraft
DUBLIN, Feb. 12, 2016 /PRNewswire/ —
Research and Markets (http://www.researchandmarkets.com/research/k3t3p8/global_civil) has announced the addition of the “Global Civil Helicopter MRO Market 2016-2020” report to their offering.
The global civil helicopter MRO market is expected to grow at a CAGR of 3.93% during the period 2016-2020.
Civil aviation support industry has seen the changing trends and their direct impact on companies extending MRO services and OEMs. The demand for MROs rises simultaneously with advancing technologies such as usage of super-alloys, composite materials, carbon fiber, avionics, and in-flight entertainment. Increasing efforts toward fuel efficiency and cost reduction are driving the market.
According to the report, one of the major factors driving the civil rotorcraft segment is the shortage of transport infrastructure, particularly in larger urban areas. Conventional methods of transportation have not been able to keep up with the growing population, and hence, there is a need for alternative commuting solutions.
Further, the report states that Vendors in the global civil helicopter MRO market are required to adhere to stringent regulatory norms of different countries. MRO activities of an aircraft often lead to the emission of gases such as oxides of nitrogen, unburnt hydrocarbons, carbon monoxide, and sulfur dioxide that are detrimental to air quality. These constraints have negatively impacted on the growth of the global civil helicopter market.
Key questions answered in this report:
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
For more information visit http://www.researchandmarkets.com/research/k3t3p8/global_civil