According to our (Global Info Research) latest study, the global Power by the Hour (PBH) market size was valued at USD 22370 million in 2022 and is forecast to a readjusted size of USD 33400 million by 2029 with a CAGR of 5.9% during review period.
Power by the Hour (PBH) is a maintenance program provided by aircraft manufacturers as well as aircraft engine & component providers to aircraft operators. Power by the Hour (PBH) contracts allow better and efficient management of budgets. Thus, costs allocated towards MRO services can be rationalised.
Global 5 largest manufacturers of Power by the Hour (PBH) are GE Aviation, Rolls-Royce plc, MTU Aero Engines AG, AFI KLM E&M and Raytheon Technologies, which make up over 52%. Among them, GE Aviation is the leader with about 22% market share.
North America is the largest market, with a share over 30%, followed by Europe and Asia-Pacific, both with the share about 25%. In terms of product type, Engine occupies the largest share of the total market, about 40%. And in terms of application, the largest application is Commercial Aviation, followed by Business Jet.
The Global Info Research report includes an overview of the development of the Power by the Hour (PBH) industry chain, the market status of Commercial Aviation (Engine, Landing Gear and Brakes), Business Jet (Engine, Landing Gear and Brakes), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Power by the Hour (PBH).
Regionally, the report analyzes the Power by the Hour (PBH) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Power by the Hour (PBH) market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Power by the Hour (PBH) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Power by the Hour (PBH) industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Engine, Landing Gear and Brakes).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Power by the Hour (PBH) market.
Regional Analysis: The report involves examining the Power by the Hour (PBH) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Power by the Hour (PBH) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Power by the Hour (PBH):
Company Analysis: Report covers individual Power by the Hour (PBH) players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Power by the Hour (PBH) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Commercial Aviation, Business Jet).
Technology Analysis: Report covers specific technologies relevant to Power by the Hour (PBH). It assesses the current state, advancements, and potential future developments in Power by the Hour (PBH) areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Power by the Hour (PBH) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Power by the Hour (PBH) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Engine
Landing Gear and Brakes
Spare Parts and Component
Airframes
Market segment by Application
Commercial Aviation
Business Jet
Commercial Helicopter
Market segment by players, this report covers
GE Aviation
Rolls-Royce plc
MTU Aero Engines AG
AFI KLM E&M
Raytheon Technologies
ST Engineering
Lufthansa Technik
Textron Inc.
AAR
HAECO Group
Turkish Technic
JSSI
AJW Group
Ameco
EFTEC UK LTD
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Power by the Hour (PBH) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Power by the Hour (PBH), with revenue, gross margin and global market share of Power by the Hour (PBH) from 2018 to 2023.
Chapter 3, the Power by the Hour (PBH) competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Power by the Hour (PBH) market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Power by the Hour (PBH).
Chapter 13, to describe Power by the Hour (PBH) research findings and conclusion.
Summary:
Get latest Market Research Reports on Power by the Hour (PBH). Industry analysis & Market Report on Power by the Hour (PBH) is a syndicated market report, published as Global Power by the Hour (PBH) Market 2023 by Company, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Power by the Hour (PBH) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.