Identifies The Top 17 Companies In The Industry Excelling At Innovation, Poised For Growth And Ripe For Investment
Frost & Sullivan reveals that the maintenance, repair, and overhaul (MRO) market experienced substantial growth in line with global fleet expansion. As the market worth $75 billion continues to increase for aircraft maintenance, MROs are adjusting capacity to meet the surging demand through the adoption of digital transformation, technology innovation, and unrivaled efficiencies as well as mergers, consolidations, buy-outs and alliances. Airlines are spinning their maintenance divisions off into separate MRO entities to produce fresh revenue streams as OEMs jockey for additional market share.