Market revenue in 2021 | USD 4,238.4 million |
Market revenue in 2030 | USD 5,602.6 million |
Growth rate | 3.1% (CAGR from 2021 to 2030) |
Largest segment | Engine |
Fastest growing segment | Line |
Historical data | 2018 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Engine, Airframe, Line, Components |
Key market players worldwide | AAR Corp, SIA Engineering Co Ltd, Embraer SA ADR, Air France-KLM, RTX Corp, Delta Air Lines Inc, General Dynamics Corp, MTU Aero Engines AG, Deutsche Lufthansa AG, Honeywell International Inc, Boeing Co |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerospace and defense mro market will help companies and investors design strategic landscapes.
Engine was the largest segment with a revenue share of 35.04% in 2021. Horizon Databook has segmented the Italy aerospace and defense mro market based on engine, airframe, line, components covering the revenue growth of each sub-segment from 2018 to 2030.
According to National Aerospace Technological Cluster (CTNA), the Italian aerospace industry is the fourth largest in Europe and the seventh largest in the world by revenue. The aerospace industry in the country plays an important role for regional economic development.
As per Italian Aerospace Industry Federation (AIAD), about two-thirds of the sector is made up of companies that supply aircraft, spacecraft, and related devices along with companies specialized in aircraft MRO services.
The sector is strongly connected to the country's GDP, wherein these key industry participants work closely with airlines, local aftermarket parts suppliers, and third-party MRO companies to encourage symbiotic sustainability in aerospace and defense MRO sector.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy aerospace and defense mro market , including forecasts for subscribers. This country databook contains high-level insights into Italy aerospace and defense mro market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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