The most
exciting is to observe that, employment of cold repair
technologies is emerging as a key trend in the commercial and military aircraft
MRO market. The global
commercial and military aircraft Maintenance
Repair and Overhaul (MRO) market is highly regulated by factors such
as aircraft use, global fleet size, and air traffic volumes.
According to Technavio Research, the increasing use of advanced materials in the production of
new-generation aircraft has led Maintenance Repair and Overhaul (MRO) vendors to enhance their service
offerings.
In effect, as the newer aircraft are designed to be more efficient and
cost-effective, the expenditure on their Maintenance Repair and Overhaul (MRO)
is also expected to see a rise over the next couple of years.
Technavio
Research revealed that, with an objective to optimize and share the
high Maintenance Repair and Overhaul (MRO) costs, several countries are
establishing strategic alliances and technology transfer agreements.
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