Strategic Defence Intelligence Market Research Reports

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Global Military Aviation MRO Market 2017-2027

Posted on 11 May 2017 | 12:00 am by

Summary Global Military Aviation MRO market is expected to be worth US$18.5 Billion in 2017 and is expected increase to US$23.4 Billion by 2027, representing a CAGR of 2.38% during the forecast period. The expenditure on the sector is expected to be driven by aging military equipment globally, technological innovations in the industry, internal and external security threats, territorial disputes, and modernization initiatives undertaken by armed forces across the world. In terms of categories, multi-role aircraft MRO is expected to account for the highest proportion of spending, followed by markets for transport aircraft MRO, multi-mission helicopter MRO, transport helicopter MRO and UAV MRO. The market for multi-role aircraft MRO is anticipated to be the largest category primarily due to the ongoing pr

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