The global aircraft line maintenance market was valued at USD 18.34 billion in 2021 and is expected to grow from USD 19.30 billion in 2022 to USD 28.73 billion by 2029, reflecting a compound annual growth rate (CAGR) of 5.8% over the forecast period. In 2021, North America led the market, accounting for 60.14% of the total share.
According to the study, stakeholders are likely to expand their penetration across major markets on the back of the adoption of advanced technologies. The industry is likely to gain traction from investments in increasing fleet size. Moreover, leading companies could emphasize digital services, components training and aircraft maintenance.
https://www.fortunebusinessinsights.com/aircraft-line-maintenance-market-102864
The report sheds light on quantitative and qualitative assessments to provide a holistic view of the global market. Further, a host of primary interviews has been conducted with opinion leaders, suppliers and other stakeholders. Primary data has been collated through emails, telephonic conversations and questionnaires. The secondary sources referred are press releases, SEC filings and websites. The report highlights bottom-up and top-down approaches to provide a comprehensive view of product mapping.
In terms of type, the market is segmented into routine checks and transit checks.