Increase in MRO Partnerships is a Key Trend affecting the Global Aircraft Health Monitoring System Market

Reportstack has announced a new market research publication on Global Aircraft Health Monitoring System Market which finds increase in MRO partnerships is a key trend affecting this market. The analysis is for the forecast period 2014-2018.

As per research analysis, the aircraft health management systems market corresponds to the Global MRO market, which relates to the maintenance of the aircraft fleet. This MRO market will be witnessing an increase in partnerships and alliances among OEMs and MRO vendors. With new-generation aircraft, more MRO companies are seeking partnerships with OEMs to secure their profits. Strategic cooperation has become imperative for maintenance firms, be it with manufacturers, airlines, other MRO providers, suppliers, or ideally a combination of these players. The significant rise in partnerships among the MRO vendors is providing them with an opportunity to capture more market share. As MRO vendors are a major customer segment of aircraft health management systems, this integration of MRO vendors and OEMs will be having a positive impact on this market.

To determine the scenario for these vendors in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentation, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

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