South America Commercial Aircraft Tooling Market

Market Introduction

The South America commercial aircraft maintenance tooling market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. Owing to a continuous rise in demand, the manufacturers of advanced vibration meters are focused on the development of robust vibration analyzers. MTI Instruments has developed a turbine vibration analyzer/balancing system named PBS-4100R+ that is suitable for jet engines. The system is used by several aircraft manufacturers and MRO facilities operating in the commercial aviation sector. MIT Instruments has developed PBS-4100+ for ground usage. The two analyzers mentioned earlier are compatible with engines from Pratt & Whitney, GE, Honeywell, and Rolls-Royce. Similarly, ACES Systems offers Viper II, a portable vibration analyzer, for the vibration analysis of engines offered by leading commercial aircraft jet engine manufacturers. The ability to deliver quick and accurate data is one of the critical benefits of the Viper II analyzer, which makes it an attractive choice in the commercial aircraft MRO industry. The availability of several commercial aircraft vibration analyzers/meters enables the MRO providers to procure the desired product easily. This factor is helping the commercial aircraft maintenance tooling market to propel over the years. The rising inclination towards the adoption of advanced vibration meters by the MRO service providers and airline operators with in-house MRO facilities is driving the commercial aircraft maintenance tooling market through 2028.

The MRO sector in South America is comparatively smaller than the other regions, as the majority of commercial airlines prefer maintaining their aircraft fleet through international MRO facilities. The emergence of the COVID-19 has led to the grounding of several aircraft fleet across airlines in the region, thereby limiting South America-based MRO facilities to service or overhaul the fleet. This decimated the procurement pattern of maintenance tools, tooling kits, and other machinery. Thus, coupling the factors such as higher dependency on international companies for sourcing maintenance tooling, MRO activity, and grounding of aircraft resulted in a loss of businesses among the commercial aircraft maintenance tooling market player that supply their products to South American MRO companies.

South America Commercial Aircraft Tooling Strategic Insights

Strategic insights for the South America Commercial Aircraft Tooling provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

South America Commercial Aircraft Tooling Report Scope

South America Commercial Aircraft Tooling Regional Insights

The geographic scope of the South America Commercial Aircraft Tooling refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The commercial aircraft maintenance tooling market in South America is expected to grow from US$ 83.97 million in 2021 to US$ 103.86 million by 2028; it is estimated to grow at a CAGR of 3.1% from 2021 to 2028. The commercial aviation sector has maintained a strong fleet size over the years, with Airbus and Boeing are the two most notable aircraft manufacturers in terms of delivery statistics. The commercial aviation industry has witnessed tremendous growth in the past few years with the emergence of new low-cost carriers (LCCs) and fleet expansion strategies adopted by the full-service carriers (FSCs). Further, commercial aviation is foreseen to surge in the coming years owing to the mounting number of air travel passengers and aircraft procurement. According to Boeing Commercial Market Outlook (CMO) 2019–2039, the total number of existing aircraft fleet in 2019 accounted for 25,900, and it is expected to reach 48,400 by 2039. Nonetheless, as the aviation industry reopened in the Q3 of 2020, the aircraft manufacturers have begun witnessing a rise in demand for their aircraft models. Considering the positive trajectory in terms of delivery in the commercial aircraft manufacturing industry, Boeing and Airbus, among other commercial aircraft manufacturers, have ramped up their production volumes. With the projected rise in aircraft volumes, the demand for various types of maintenance tools, including wrenches, vibration tools, NDT tools, calibration tools, metalworking tools, and speed handles, would also increase in the coming years.

Key Market Segments

Based on tool type, the speed handle segment accounted for the largest share of the South America commercial aircraft maintenance tooling market in 2020. Based on users, the MRO service providers segment accounted for the largest share of the South America commercial aircraft maintenance tooling market in 2020. Based on application, the airframe segment accounted for the largest share of the South America commercial aircraft maintenance tooling market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the South America commercial aircraft maintenance tooling market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include HYDRO SYSTEMS KG; Red Box Aviation.; Stanley Black & Decker, Inc.; STAHLWILLE Eduard Wille GmbH & Co. KG; Field International Group Limited; Dedienne Aerospace; Tronair Inc. and Snap-On Incorporated.

Reasons to buy report

• To understand the South America commercial aircraft maintenance tooling market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for South America commercial aircraft maintenance tooling market
• Efficiently plan M&A and partnership deals in South America commercial aircraft maintenance tooling market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form South America commercial aircraft maintenance tooling market
• Obtain market revenue forecast for market by various segments from 2019-2028 in South America region.

South America Commercial Aircraft Maintenance Tooling Market Segmentation

• Speed Handle
• Wrenches
• Safety Wire Pliers
• Vibration Meters
• Metal Working Tools
• NDT Tools
• Others

• MRO Service Providers
• Airline Operator

• Engine
• Airframe
• Landing Gear
• Line Maintenance
• Others

South America Commercial Aircraft Maintenance Tooling Market – By Country

• Brazil
• Rest of South America

South America Commercial Aircraft Maintenance Tooling Market – Company Profiles

• HYDRO SYSTEMS KG
• Red Box Aviation
• Stanley Black & Decker, Inc.
• STAHLWILLE Eduard Wille GmbH & Co. KG
• Field International Group Limited
• Dedienne Aerospace
• Tronair Inc.
• Snap-On Incorporated