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Europe Aircraft Maintenance Tooling Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Tool Type (Speed Handle, Wrenches, Safety Wire Pliers, Vibration Meter, Metalworking Tools, and Others); Users (MRO Service Providers, and Airline Operators)

Code: TIPRE00021014 | Pages: 103 | Industry: Aerospace and Defense | Date: Apr 2021
Covid

Market Introduction

The Europe aircraft maintenance tooling market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The Europen region constitutes developed economies such as UK, Germany, France, Italy and Russia as a developing nation. Europe is one of the majorly affected regions due to COVID-19 and has concluded in the grounding of majority of the commercial aviation fleet in the region, signifying an increase in the expenditure on maintenance for the airlines to ensure the airworthiness of their aircraft assets and is likely to boost the aircraft maintenance tooling market in Europe. Some of the important aspects for Europe aircraft maintenance tooling market are launch of new airlines and expansion of existing fleets. Rising demand from developing economies is acting as the main reason for the growth of aircraft maintenance tooling market. Increased focus of OEMs on MRO activities and increased efforts on fuel efficiency is driving Europe aircraft maintenance tooling market.


Market Overview and Dynamics

The aircraft maintenance tooling market in Europe is expected to grow from US$ 749.55 Mn in 2019 to US$ 1,020.07 Mn by 2027; it is estimated to grow at a CAGR of 4.0 % from 2020 to 2027. The commercial aircraft industry is constantly boosting since the past few years. Several operators in this industry are robustly focusing on the development, manufacturing, overhaul, and rebuilding of airplanes, helicopters, aircraft engines as well as several other components and subsystems for the commercial sector. Increase in air travel in developing economies, rise in production of commercial aircraft, and infrastructure developments are driving the demand for commercial aircraft components. The biggest giants in the aerospace industry, such as Airbus and Boeing, are highly indulged in the production of commercial aircraft. They design, manufacture, and sell the commercial aircraft along with fleet support services, primarily to the commercial airline industry in Europe. In 2019, Airbus delivered a massive number of commercial aircraft, which would boost the production of commercial aircraft in the market. Hence, emerging production rate by these top companies is expected to drive the demand for commercial aircraft across the world. Increasing integration of several equipment in the commercial aircraft, such as avionics systems and engine control and monitoring that operate at peak efficiency is demanding the deployment of maintenance tooling for enhanced operation. Thus, rising integration of advanced equipment in the aircraft demands the timely maintenance and replacement of these equipment for proper functioning of the commercial aircraft.    


Key Market Segments

In terms of tool type, the speed handle segment accounted for the largest share of the Europe aircraft maintenance tooling market in 2019. In terms of users, the MRO service providers segment held a larger market share of the Europe aircraft maintenance tooling market in 2019.


Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Europe aircraft maintenance tooling market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are include Frank Brown & Son Ltd., Norbar Torque Tools Ltd., Inspection Technologies Ltd., PROTO, Red Box Aviation and Hydro Systems KG.


Reasons to buy report

  • To understand the Europe aircraft maintenance tooling market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe aircraft maintenance tooling market
  • Efficiently plan M&A and partnership deals in Europe aircraft maintenance tooling market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe aircraft maintenance tooling market
  • Obtain market revenue forecast for market by various segments from 2020-2027 in Europe region.




EUROPE AIRCRAFT MAINTENANCE TOOLING MARKET SEGMENTATION

By Tooling Type

  • Speed Handles
  • Wrenches
  • Safety Wire Pliers
  • Vibration Meters
  • Metalworking Tools
  • Others

By Users

  • MRO Service Providers
  • Airline Operators

By Country

  • UK
  • Germany
  • France
  • Italy
  • Russia
  • Rest of Europe

Company Profiles

  1. Frank Brown & Son Ltd.
  2. Norbar Torque Tools Ltd.
  3. Inspection Technologies Ltd.
  4. PROTO
  5. Red Box AviatioN
  6. Hydro Systems AG

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Europe Aircraft Maintenance Tooling Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinions

5.           Aircraft Maintenance Tooling Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Upsurge in the Production of Commercial Aircraft

5.1.2        Upswing in the demand for Predictive, Prescriptive, and Condition-Based Maintenance of Aircraft

5.2         Market Restraints

5.2.1        Rigid Aviation Compliance and Regulations

5.3         Market Opportunities

5.3.1        Incrementing Aircraft MRO Services in Emerging Economics

5.4         Future Trends

5.4.1        Growth in the Adoption of Blockchain, IoT, AI, and Big Data Analytics by Maintenance Providers

5.5         Impact Analysis of Drivers and Restraints

6.           Aircraft Maintenance Tooling – Europe Market Analysis

6.1         Overview

6.2         Europe Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

7.           Europe Aircraft Maintenance Tooling Market Analysis – By Tool Type

7.1         Overview

7.2         Aircraft Maintenance Tooling Market, By Tool Type (2019 and 2027)

7.3         Speed Handle

7.3.1        Overview

7.3.2        Speed Handle: Aircraft Maintenance Tooling Market –Revenue and Forecast to 2027 (US$ Million)

7.4         Wrenches

7.4.1        Overview

7.4.2        Wrenches: Aircraft Maintenance Tooling Market –Revenue and Forecast to 2027 (US$ Million)

7.5         Safety Wire Pliers

7.5.1        Overview

7.5.2        Safety Wire Pliers: Aircraft Maintenance Tooling Market –Revenue and Forecast to 2027 (US$ Million)

7.6         Vibration Meter

7.6.1        Overview

7.6.2        Vibration Meter: Aircraft Maintenance Tooling Market –Revenue and Forecast to 2027 (US$ Million)

7.7         Metalworking Tools

7.7.1        Overview

7.7.2        Metalworking Tools: Aircraft Maintenance Tooling Market –Revenue and Forecast to 2027 (US$ Million)

7.8         Others

7.8.1        Overview

7.8.2        Others: Aircraft Maintenance Tooling Market –Revenue and Forecast to 2027 (US$ Million)

8.           Europe Aircraft Maintenance Tooling Market Analysis – By Users

8.1         Overview

8.2         Aircraft Maintenance Tooling Market, By Users (2019 and 2027)

8.3         MRO Service Providers

8.3.1        Overview

8.3.2        MRO Service Providers: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

8.4         Airline Operators

8.4.1        Overview

8.4.2        Airline Operators: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.           Europe Aircraft Maintenance Tooling Market – Geographic Analysis

9.1         Overview

9.1.1        Europe: Aircraft Maintenance Tooling Market, By Country

9.1.1.1          UK: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.1.1          UK: Aircraft Maintenance Tooling Market, By Tool Type

9.1.1.1.2          UK: Aircraft Maintenance Tooling Market, By Users

9.1.1.2          Germany: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.2.1          Germany: Aircraft Maintenance Tooling Market, By Tool Type

9.1.1.2.2          Germany: Aircraft Maintenance Tooling Market, By Users

9.1.1.3          France: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.3.1          France: Aircraft Maintenance Tooling Market, By Tool Type

9.1.1.3.2          France: Aircraft Maintenance Tooling Market, By Users

9.1.1.4          Italy: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.4.1          Italy: Aircraft Maintenance Tooling Market, By Tool Type

9.1.1.4.2          Italy: Aircraft Maintenance Tooling Market, By Users

9.1.1.5          Russia: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.5.1          Russia: Aircraft Maintenance Tooling Market, By Tool Type

9.1.1.5.2          Russia: Aircraft Maintenance Tooling Market, By Users

9.1.1.6          Rest of Europe: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.6.1          Rest of Europe: Aircraft Maintenance Tooling Market, By Tool Type

9.1.1.6.2          Rest of Europe: Aircraft Maintenance Tooling Market, By Users

10.        Europe Aircraft Maintenance Tooling Market - COVID-19 Impact Analysis

10.1      Impact of COVID-19 Pandemic on Europe Aircraft Maintenance Tooling Market

10.1.1     Europe: Impact Assessment of COVID-19 Pandemic

11.        Industry Landscape

11.1      Overview

11.2      Market Initiative

11.3      New Product Development

11.4      Partnership

12.        Company Profiles

12.1      Frank Brown & Son Ltd

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Norbar Torque Tools Ltd

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Inspection Technologies Ltd

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      PROTO

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Red Box Aviation

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      HYDRO SYSTEMS KG

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

              13.2      Word Index

LIST OF TABLES

Table 1.             Europe Aircraft Maintenance Tooling Market – Revenue, and Forecast to 2027 (US$ Million)

Table 2.             UK Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 3.             UK Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 4.             Germany Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 5.             Germany Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 6.             France Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 7.             France Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 8.             Italy Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 9.             Italy Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 10.          Russia Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 11.          Russia Aircraft Maintenance Tooling Market, By Users – Revenue and Forecast to 2027 (US$ Million)

Table 12.          Rest of Europe Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 13.          Rest of Europe Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 14.           List of Abbreviation

LIST OF FIGURES

Figure 1.           Aircraft Maintenance Tooling Market Segmentation

Figure 2.           Europe Aircraft Maintenance Tooling Market Segmentation – By Country

Figure 3.           Europe Aircraft Maintenance Tooling Market Overview

Figure 4.           Europe Aircraft Maintenance Tooling Market, By Tool Type

Figure 5.           Europe Aircraft Maintenance Tooling Market, By Users

Figure 6.           Europe Aircraft Maintenance Tooling Market, by Country

Figure 7.           Europe – PEST Analysis

Figure 8.           Aircraft Maintenance Tooling Market: Ecosystem Analysis

Figure 9.           Aircraft Maintenance Tooling Market: Impact Analysis of Drivers and Restraints

Figure 10.        Europe Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        Aircraft Maintenance Tooling Market Revenue Share, By Tool Type (2019 and 2027)

Figure 12.        Speed Handle: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13.        Wrenches: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 14.        Safety Wire Pliers: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 15.        Vibration Meter: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 16.        Metalworking Tools: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 17.        Others: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18.        Aircraft Maintenance Tooling Market Revenue Share, by Users (2019 and 2027)

Figure 19.        MRO Service Providers: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20.        Airline Operators: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 21.        Europe: Aircraft Maintenance Tooling Market, by Key Country – Revenue (2019) (USD Million)

Figure 22.        Europe: Aircraft Maintenance Tooling Market Revenue Share, By Country (2019 and 2027)

Figure 23.        UK: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24.        Germany: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25.        France: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 26.        Italy: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 27.        Russia: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 28.        Rest of Europe: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 29.           Impact of COVID-19 Pandemic in Europe Country Markets  

  1. Frank Brown & Son Ltd.
  2. Norbar Torque Tools Ltd.
  3. Inspection Technologies Ltd.
  4. PROTO
  5. Red Box Aviation
  6. Hydro Systems AG
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Aircraft Maintenance Tooling market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe Aircraft Maintenance Tooling market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe Aircraft Maintenance Tooling market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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