Dublin, July 26, 2019 (GLOBE NEWSWIRE) -- The "Military Aviation MRO Market - Growth, Trends, and Forecast (2019 - 2024)" report has been added toResearchAndMarkets.com's offering.The Military Aviation MRO market is anticipated to register a CAGR of over 6% during the forecast period.
Key Highlights
- The need for increasing the time between overhaul and reducing the maintenance costs is demanding technological integration in the MRO activities, providing growth opportunities to the market.
- The increasing number of military aircraft crashes has made the militaries to focus more on the periodic maintenance of the fleet. This, in turn, is helping the military aviation MRO to grow.
- Technology advancement is rapid in the aviation sector. As countries try to maintain and modernize their fleet, several upgrade contracts are being signed with MRO facilities which are propelling the growth of the military aviation MRO market.
