TechNavio’s analysts forecast the Global MRO market to grow at a CAGR of 3.82 percent over the period 2012–2016. One of the key factors contributing to this market growth is the increasing focus of OEMs on MRO. The Global MRO market has also been witnessing the emergence of next-generation technology. However, complex regulatory requirements are creating confusion with end-users and could pose a challenge to the growth of this market.
TechNavio’s report, the Global MRO Market 2012–2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the Americas, Europe, and the APAC region; it also covers the Global MRO market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are CFM International S.A., General Electric Co., Royce Holdings plc, and Pratt & Whitney.
The other vendors mentioned in the report are Honeywell International Inc., and PowerJet Parts Inc.
Key questions answered in this report:
What will the market size be in 2016 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?
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