Aerospace
Thermal Drone Market
| Label | Combat Aircraft | Non-Combat Aircraft |
|---|---|---|
| 2015 | 2059.3 USD Mn | 1781.3 USD Mn |
| 2016 | 2138.2 USD Mn | 1827 USD Mn |
| 2017 | 2220.7 USD Mn | 1874.4 USD Mn |
| 2018 | 2311 USD Mn | 1926.8 USD Mn |
| 2019 | 2409.3 USD Mn | 1984.3 USD Mn |
| 2020 | 2513.5 USD Mn | 2044.9 USD Mn |
| 2021 | 2633.4 USD Mn | 2116.3 USD Mn |
| 2022 | 2759 USD Mn | 2190.2 USD Mn |
| 2023 | 2890.6 USD Mn | 2266.5 USD Mn |
Data Source: Wantstats Repository
The demand for Europe aircraft aftermarket parts is driven by several factors which are critical to the functioning of the aviation industry. These parts play a crucial role in the maintenance, repair, and overhaul (MRO) of aircraft, and their demand is directly linked to the performance and safety of aircraft.
One of the key factors driving the demand for aircraft aftermarket parts in Europe is the increasing fleet size of commercial and military aircraft in the region. With an increasing number of aircraft in operation, the need for constant MRO services and replacement of parts becomes imperative. This is particularly true for military aircraft, which are subject to rigorous use and require regular and specialized maintenance. As a result, the demand for aftermarket parts in the military segment is expected to remain steady.
Another important factor fuelling the demand for aftermarket parts is the advancement of aviation technology. As aircraft manufacturers are constantly introducing new and advanced technology to improve the efficiency and performance of aircraft, there is a growing need for corresponding aftermarket parts that are compatible with these innovations. This ensures that the aircraft can continue to function at optimum levels and meet regulatory requirements, thereby driving the demand for aftermarket parts.
Moreover, the increasing focus on aircraft safety and stringent regulations imposed by governing bodies is pushing airlines and military organizations to prioritize maintenance and timely replacement of parts. The European Union Aviation Safety Agency (EASA) and other regulatory bodies have strict rules for the maintenance and replacement of critical parts, making it essential for operators to procure high-quality aftermarket parts to ensure the safety and airworthiness of their fleet.
Furthermore, the cost-effectiveness of aftermarket parts makes them a popular choice for airlines and military organizations. These parts are relatively cheaper than original equipment manufacturer (OEM) parts, providing significant cost savings for operators without compromising on quality. This has further propelled the demand for aftermarket parts, particularly in the military segment, where budget constraints are a major factor.
In conclusion, the demand for Europe aircraft aftermarket parts is driven by the increasing fleet size, technology advancements, safety regulations, and cost-effectiveness, making them an essential component of the aviation industry. As the region continues to witness growth in its aviation sector, the demand for aftermarket parts is expected to remain strong in the years to come.
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We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Europe Aircraft Aftermarket Parts Market by Application, by Military
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