The Middle-East Aircraft MRO Market is primarily driven by the rising demand for new aircraft as a result of fleet modernization and expansion initiatives launched by regional airlines. Additionally, it is anticipated that the growing collaboration between aviation MRO providers would advance their technological prowess and allow them to service newer models of aircraft that are being procured by airlines.An Oliver Wyman Global Fleet & MRO Market Forecast 2018–2028 puts the global MRO market at $77.4 billion, growing to $114.7 billion by 2028.
The engine is one of the few components in an aircraft that requires continuous maintenance irrespective of the usage of aircraft. The increasing complexity of new generation engines has rendered engine MRO as one of the most expensive MRO sectors as an increasing number of engine failures due to improper MRO has made aircraft operators focus on engine health.
In this regard, OEM and global third-party companies have adopted advanced predictive and preventive aircraft maintenance technologies to digitize and automate their airframe maintenance activities to enhance the overall efficiency of maintenance processes. The deployment of advanced technologies such as artificial intelligence and machine learning is expected to provide opportunities for firms to compete at the global level and reduce MRO expenses. This edition of Aerospace and Defense Review features “Top 10 MROs Consulting/Services Providers in Middle East 2022,” that brings the spotlight onto some of the key developments in the space and how companies are leveraging MRO services to boost their growth.
The magazine highlights companies like Total Technic and its valuable insights on efficient MRO services. The company’s vast and wide-ranging emergency equipment shops provide repair and maintenance services with unparalleled quality, unmatched turnaround times, and long-term cost saving.
Likewise, the edition also showcases AMAC Aerospace and its collaborative teamwork at its core environment making AMAC Aerospace shine in the maintenance, repairs and operations (MRO) space.
The edition also features thought leadership articles from CXO’s like John W. Dietrich, President & Chief Executive Officer of Atlas Air and Conn Doherty, Vice President, Future Aircraft Systems & Technology for Raytheon Intelligence & Space who have imparted their opinions on how MRO consulting/Services can boost aerospace and defense sector to play a larger role than previously anticipated.
Write to us about how you are leveraging MRO consulting/ services in your organizations!
