Aerospace & Defence

Commercial Aircraft PMA: Forecast and Market Analysis 2015-2019

  • TEC327744
  • 62 Pages
  • September 2015
  • Aerospace & Defence
About commercial aircraft PMA
An aircraft PMA is an approved replacement for the original part provided by an OEM, conforming to the FAA design and produced under the FAA approved production process. Since the 1950s, the FAA has been granting PMA to third-party manufacturers to produce replacement parts for aircraft. Without PMA, aircraft parts would be exclusively designed and manufactured by OEMs, giving them a monopoly in the aircraft aftermarket parts market. Approved parts are now being manufactured for almost every ATA chapter, a common referencing standard for aircraft parts, on an aircraft.

Technavio's analysts forecast the global commercial aircraft PMA market to grow at a CAGR of 7.95% over the period 2014-2019.

Covered in this report
In this report, Technavio covers the present scenario and growth prospects of the global commercial aircraft PMA market for the period 2015-2019. It presents the market landscape and a corresponding analysis of the prominent vendors in the market. In addition, it discusses the major drivers influencing market growth, outlines the challenges faced by vendors and the market as a whole, as well as the key trends emerging in the market.

Technavio's report, Global Commercial Aircraft PMA Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA, and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions
Americas
APAC
EMEA

Key vendors
AMETEK
Parker Hannifin
Pratt & Whitney
Precision Castparts
Rockwell Collins

Other prominent vendors
Able Engineering & Component Services
Adpma
Aero Brake & Spares
Airforms
AirGroup America
Aviation Component Solutions
B/E Aerospace
Chromalloy
Dixie Aerospace
HEICO
Kapco Global
Spirit AeroSystems
Triumph Group
Wencor Group
Zodiac Aerospace

Key market driver
Growing online aviation spare parts platforms
For a full, detailed list, view our report

Key market challenge
Opposition from OEMs and leasing companies
For a full, detailed list, view our report

Key market trend
Improvement in regulatory processes regarding the acceptance of PMA parts
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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