Aircraft MRO Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Components (Engine MRO, Avionics MRO, Airframe MRO, Cabin MRO, Landing Gear MRO, Others); Aircraft Type (Fixed Wing Aircraft, Rotary Wing Aircraft); End Users (Commercial, Military); and Geography
The aircraft MRO market was valued at US$ 91,158.12 million in 2022 and is projected to reach US$ 134,072.28 million by 2030; it is expected to register a CAGR of 4.9% during 2022–2030.
Growing Integration of Digital Technology in Aircraft MRO Market
Considering the growing competition worldwide, the implementation of digital technologies is a necessary step toward the growth of MRO companies; this helps them create continuous data flow through various levels of the supply chain, further streamlining the communication between the stakeholders and accelerating innovation in various operations. The digital revolution in the aviation industry significantly impacts all areas of the supply chain of the aviation industry, including aircraft operations, air traffic management, and aircraft and component manufacturing and servicing. The data-driven technologies such as data analytics—which help in tracking aircraft MRO activities in real-time—would also optimize the air travel experience of crew and passengers. Other advanced technologies such as AI and machine learning facilitate the airline crew and management to understand the airworthiness of the aircraft. For instance, in March 2020, the US Air Force's Air Education and Training Command (AETC) started developing a new competency-based virtual and augmented reality (VR/AR) training solution for aircraft maintenance.
Also, the MRO service providers incorporate AI technologies to boost their procedures by easily and efficiently conducting visual checks and understanding the degree of maintenance and repairs required on the aircraft. Thus, the increasing integration of digital technologies such as AI and machine learning is driving the aircraft MRO market growth.
The global aircraft MRO market has been segmented based on component, aircraft component, and end-user. Based on component, the market has been segmented into engine MRO, avionics MRO, airframe MRO, cabin MRO, landing gear MRO, and others. By aircraft component, the market has been bifurcated into fixed-wing aircraft and rotary-wing aircraft. Further, based on end-user, it has been categorized into commercial and military. The global aircraft MRO market has also been analyzed on the basis of five major regions: North America, Europe, APAC, the MEA, and SAM.
The US is among the leading countries in the global aviation sector, with a significantly higher number of passengers, aircraft fleet, and investment toward the development of the sector. The US aircraft MRO market share has been experiencing sluggish growth for the past few years due to higher labor costs, which resulted in the outsourcing of most of the airplanes for heavy checks. The airlines in the country experience a significantly higher density of air traveling passengers, owing to which the flying hours of each aircraft are higher and consequently demand frequent aircraft maintenance. The presence of numerous independent MRO service providers has enabled airlines to opt for frequent A-checks, B-checks, and C-checks in the country. This factor has catalyzed the growth of the aircraft MRO market share of the country. Moreover, the US Department of Defense (US DoD) continuously indulges itself in procuring newer aircraft fleet; however, the existing aircraft fleet is significantly higher than other countries across the world. For instance, in January 2023, SupplyCore won a contract of US$ 375 million from Defense Logistics Agency for the maintenance, repair, and operation of US military facilities. The significant defense budget and expenditure from the US DoD allow the forces to opt for frequent MRO activities of the aircraft fleet. This facilitates the forces to be mission-ready. Thus, the continuity in spending higher amounts from US DoD plays a crucial role in the aircraft MRO market growth.
AAR, Barnes Group Inc, Collins Aerospace, Delta TechOps, FLTechnics, UAB, GE Aviation, Lufthansa Technik, Rolls-Royce plc, Singapore Technologies Engineering Ltd, and Turkish Technic Inc are among the key aircraft MRO market players profiled during this study. In addition, several other important aircraft MRO market players have been studied and analyzed during the study to get a holistic view of the aircraft MRO market and its ecosystem.
Growing Integration of Digital Technology in Aircraft MRO Market
Considering the growing competition worldwide, the implementation of digital technologies is a necessary step toward the growth of MRO companies; this helps them create continuous data flow through various levels of the supply chain, further streamlining the communication between the stakeholders and accelerating innovation in various operations. The digital revolution in the aviation industry significantly impacts all areas of the supply chain of the aviation industry, including aircraft operations, air traffic management, and aircraft and component manufacturing and servicing. The data-driven technologies such as data analytics—which help in tracking aircraft MRO activities in real-time—would also optimize the air travel experience of crew and passengers. Other advanced technologies such as AI and machine learning facilitate the airline crew and management to understand the airworthiness of the aircraft. For instance, in March 2020, the US Air Force's Air Education and Training Command (AETC) started developing a new competency-based virtual and augmented reality (VR/AR) training solution for aircraft maintenance.
Also, the MRO service providers incorporate AI technologies to boost their procedures by easily and efficiently conducting visual checks and understanding the degree of maintenance and repairs required on the aircraft. Thus, the increasing integration of digital technologies such as AI and machine learning is driving the aircraft MRO market growth.
The global aircraft MRO market has been segmented based on component, aircraft component, and end-user. Based on component, the market has been segmented into engine MRO, avionics MRO, airframe MRO, cabin MRO, landing gear MRO, and others. By aircraft component, the market has been bifurcated into fixed-wing aircraft and rotary-wing aircraft. Further, based on end-user, it has been categorized into commercial and military. The global aircraft MRO market has also been analyzed on the basis of five major regions: North America, Europe, APAC, the MEA, and SAM.
The US is among the leading countries in the global aviation sector, with a significantly higher number of passengers, aircraft fleet, and investment toward the development of the sector. The US aircraft MRO market share has been experiencing sluggish growth for the past few years due to higher labor costs, which resulted in the outsourcing of most of the airplanes for heavy checks. The airlines in the country experience a significantly higher density of air traveling passengers, owing to which the flying hours of each aircraft are higher and consequently demand frequent aircraft maintenance. The presence of numerous independent MRO service providers has enabled airlines to opt for frequent A-checks, B-checks, and C-checks in the country. This factor has catalyzed the growth of the aircraft MRO market share of the country. Moreover, the US Department of Defense (US DoD) continuously indulges itself in procuring newer aircraft fleet; however, the existing aircraft fleet is significantly higher than other countries across the world. For instance, in January 2023, SupplyCore won a contract of US$ 375 million from Defense Logistics Agency for the maintenance, repair, and operation of US military facilities. The significant defense budget and expenditure from the US DoD allow the forces to opt for frequent MRO activities of the aircraft fleet. This facilitates the forces to be mission-ready. Thus, the continuity in spending higher amounts from US DoD plays a crucial role in the aircraft MRO market growth.
AAR, Barnes Group Inc, Collins Aerospace, Delta TechOps, FLTechnics, UAB, GE Aviation, Lufthansa Technik, Rolls-Royce plc, Singapore Technologies Engineering Ltd, and Turkish Technic Inc are among the key aircraft MRO market players profiled during this study. In addition, several other important aircraft MRO market players have been studied and analyzed during the study to get a holistic view of the aircraft MRO market and its ecosystem.
1. INTRODUCTION
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. AIRCRAFT MRO MARKET LANDSCAPE
4.1 Overview
4.2 Porter’s Analysis
4.3 Ecosystem Analysis
4.3.1 Component Suppliers
4.3.2 MRO Service Providers
4.3.3 End Users
5. AIRCRAFT MRO MARKET - KEY INDUSTRY DYNAMICS
5.1 Aircraft MRO Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Increasing Air Travel
5.2.2 Rising Presence of MRO Service Providers in Emerging Economies
5.2.3 Growing Integration of Digital Technology in MRO Industry
5.3 Market Restraints
5.3.1 OEMs Entering Aftermarket
5.3.2 Rise in Environmental Concerns
5.4 Market Opportunities
5.4.1 Retrofitting of Older Aircraft Fleet
5.4.2 Increasing Adoption of Sustainable Aviation Fuel (SAF)
5.5 Future Trends
5.5.1 Blockchain Technology Changing MRO Landscape
5.6 Impact of Drivers and Restraints:
6. AIRCRAFT MRO MARKET - GLOBAL MARKET ANALYSIS
6.1 Aircraft MRO Market Revenue (US$ Million), 2022 – 2030
6.2 Aircraft MRO Market Forecast and Analysis
7. AIRCRAFT MRO MARKET ANALYSIS – COMPONENT
7.1.1 Overview
7.1.2 Aircraft MRO Market, By Component (2022 and 2030)
7.2 Engine MRO
7.2.1 Overview
7.2.2 Engine MRO Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Avionics MRO
7.3.1 Overview
7.3.2 Avionics MRO Market, Revenue and Forecast to 2030 (US$ Million)
7.4 Airframe MRO
7.4.1 Overview
7.4.2 Airframe MRO Market, Revenue and Forecast to 2030 (US$ Million)
7.5 Cabin MRO
7.5.1 Overview
7.5.2 Cabin MRO Market, Revenue and Forecast to 2030 (US$ Million)
7.6 Landing Gear MRO
7.6.1 Overview
7.6.2 Landing Gear MRO Market, Revenue and Forecast to 2030 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
8. AIRCRAFT MRO MARKET ANALYSIS – AIRCRAFT TYPE
8.1.1 Overview
8.1.2 Aircraft MRO Market, By Aircraft Type (2022 and 2030)
8.2 Fixed Wing
8.2.1 Overview
8.2.2 Fixed Wing Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Rotary Wing
8.3.1 Overview
8.3.2 Rotary Wing Market, Revenue and Forecast to 2030 (US$ Million)
9. AIRCRAFT MRO MARKET ANALYSIS – END USER
9.1.1 Overview
9.1.2 Aircraft MRO Market, By End User (2022 and 2030)
9.2 Commercial
9.2.1 Overview
9.2.2 Commercial Market, Revenue and Forecast to 2030 (US$ Million)
9.3 Military
9.3.1 Overview
9.3.2 Military Market, Revenue and Forecast to 2030 (US$ Million)
10. AIRCRAFT MRO MARKET - GEOGRAPHICAL ANALYSIS
10.1 Overview
10.2 North America
10.2.1 North America Aircraft MRO Market Overview
10.2.2 North America Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.3 North America Aircraft MRO Market Breakdown by Component
10.2.3.1 North America Aircraft MRO Market Revenue and Forecasts and Analysis - By Component
10.2.4 North America Aircraft MRO Market Breakdown by Aircraft Type
10.2.4.1 North America Aircraft MRO Market Revenue and Forecasts and Analysis - By Aircraft Type
10.2.5 North America Aircraft MRO Market Breakdown by End User
10.2.5.1 North America Aircraft MRO Market Revenue and Forecasts and Analysis - By End User
10.2.6 North America Aircraft MRO Market Revenue and Forecasts and Analysis - By Country
10.2.6.1 US Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.1.1 US Aircraft MRO Market Breakdown by Component
10.2.6.1.2 US Aircraft MRO Market Breakdown by Aircraft Type
10.2.6.1.3 US Aircraft MRO Market Breakdown by End User
10.2.6.2 Canada Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.2.1 Canada Aircraft MRO Market Breakdown by Component
10.2.6.2.2 Canada Aircraft MRO Market Breakdown by Aircraft Type
10.2.6.2.3 Canada Aircraft MRO Market Breakdown by End User
10.2.6.3 Mexico Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.3.1 Mexico Aircraft MRO Market Breakdown by Component
10.2.6.3.2 Mexico Aircraft MRO Market Breakdown by Aircraft Type
10.2.6.3.3 Mexico Aircraft MRO Market Breakdown by End User
10.3 Europe
10.3.1 Europe Aircraft MRO Market Overview
10.3.2 Europe Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.3 Europe Aircraft MRO Market Breakdown by Component
10.3.3.1 Europe Aircraft MRO Market Revenue and Forecasts and Analysis - By Component
10.3.4 Europe Aircraft MRO Market Breakdown by Aircraft Type
10.3.4.1 Europe Aircraft MRO Market Revenue and Forecasts and Analysis - By Aircraft Type
10.3.5 Europe Aircraft MRO Market Breakdown by End User
10.3.5.1 Europe Aircraft MRO Market Revenue and Forecasts and Analysis - By End User
10.3.6 Europe Aircraft MRO Market Revenue and Forecasts and Analysis - By Country
10.3.6.1 Germany Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.1.1 Germany Aircraft MRO Market Breakdown by Component
10.3.6.1.2 Germany Aircraft MRO Market Breakdown by Aircraft Type
10.3.6.1.3 Germany Aircraft MRO Market Breakdown by End User
10.3.6.2 France Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.2.1 France Aircraft MRO Market Breakdown by Component
10.3.6.2.2 France Aircraft MRO Market Breakdown by Aircraft Type
10.3.6.2.3 France Aircraft MRO Market Breakdown by End User
10.3.6.3 Italy Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.3.1 Italy Aircraft MRO Market Breakdown by Component
10.3.6.3.2 Italy Aircraft MRO Market Breakdown by Aircraft Type
10.3.6.3.3 Italy Aircraft MRO Market Breakdown by End User
10.3.6.4 UK Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.4.1 UK Aircraft MRO Market Breakdown by Component
10.3.6.4.2 UK Aircraft MRO Market Breakdown by Aircraft Type
10.3.6.4.3 UK Aircraft MRO Market Breakdown by End User
10.3.6.5 Russia Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.5.1 Russia Aircraft MRO Market Breakdown by Component
10.3.6.5.2 Russia Aircraft MRO Market Breakdown by Aircraft Type
10.3.6.5.3 Russia Aircraft MRO Market Breakdown by End User
10.3.6.6 Rest of Europe Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.6.1 Rest of Europe Aircraft MRO Market Breakdown by Component
10.3.6.6.2 Rest of Europe Aircraft MRO Market Breakdown by Aircraft Type
10.3.6.6.3 Rest of Europe Aircraft MRO Market Breakdown by End User
10.4 Asia Pacific
10.4.1 Asia Pacific Aircraft MRO Market Overview
10.4.2 Asia Pacific Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.3 Asia Pacific Aircraft MRO Market Breakdown by Component
10.4.3.1 Asia Pacific Aircraft MRO Market Revenue and Forecasts and Analysis - By Component
10.4.4 Asia Pacific Aircraft MRO Market Breakdown by Aircraft Type
10.4.4.1 Asia Pacific Aircraft MRO Market Revenue and Forecasts and Analysis - By Aircraft Type
10.4.5 Asia Pacific Aircraft MRO Market Breakdown by End User
10.4.5.1 Asia Pacific Aircraft MRO Market Revenue and Forecasts and Analysis - By End User
10.4.6 Asia Pacific Aircraft MRO Market Revenue and Forecasts and Analysis - By Country
10.4.6.1 Australia Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.1.1 Australia Aircraft MRO Market Breakdown by Component
10.4.6.1.2 Australia Aircraft MRO Market Breakdown by Aircraft Type
10.4.6.1.3 Australia Aircraft MRO Market Breakdown by End User
10.4.6.2 China Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.2.1 China Aircraft MRO Market Breakdown by Component
10.4.6.2.2 China Aircraft MRO Market Breakdown by Aircraft Type
10.4.6.2.3 China Aircraft MRO Market Breakdown by End User
10.4.6.3 India Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.3.1 India Aircraft MRO Market Breakdown by Component
10.4.6.3.2 India Aircraft MRO Market Breakdown by Aircraft Type
10.4.6.3.3 India Aircraft MRO Market Breakdown by End User
10.4.6.4 Japan Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.4.1 Japan Aircraft MRO Market Breakdown by Component
10.4.6.4.2 Japan Aircraft MRO Market Breakdown by Aircraft Type
10.4.6.4.3 Japan Aircraft MRO Market Breakdown by End User
10.4.6.5 South Korea Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.5.1 South Korea Aircraft MRO Market Breakdown by Component
10.4.6.5.2 South Korea Aircraft MRO Market Breakdown by Aircraft Type
10.4.6.5.3 South Korea Aircraft MRO Market Breakdown by End User
10.4.6.6 Rest of APAC Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.6.1 Rest of APAC Aircraft MRO Market Breakdown by Component
10.4.6.6.2 Rest of APAC Aircraft MRO Market Breakdown by Aircraft Type
10.4.6.6.3 Rest of APAC Aircraft MRO Market Breakdown by End User
10.5 Middle East & Africa
10.5.1 Middle East & Africa Aircraft MRO Market Overview
10.5.2 Middle East & Africa Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.3 Middle East & Africa Aircraft MRO Market Breakdown by Component
10.5.3.1 Middle East & Africa Aircraft MRO Market Revenue and Forecasts and Analysis - By Component
10.5.4 Middle East & Africa Aircraft MRO Market Breakdown by Aircraft Type
10.5.4.1 Middle East & Africa Aircraft MRO Market Revenue and Forecasts and Analysis - By Aircraft Type
10.5.5 Middle East & Africa Aircraft MRO Market Breakdown by End User
10.5.5.1 Middle East & Africa Aircraft MRO Market Revenue and Forecasts and Analysis - By End User
10.5.6 Middle East & Africa Aircraft MRO Market Revenue and Forecasts and Analysis - By Country
10.5.6.1 South Africa Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.1.1 South Africa Aircraft MRO Market Breakdown by Component
10.5.6.1.2 South Africa Aircraft MRO Market Breakdown by Aircraft Type
10.5.6.1.3 South Africa Aircraft MRO Market Breakdown by End User
10.5.6.2 Saudi Arabia Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.2.1 Saudi Arabia Aircraft MRO Market Breakdown by Component
10.5.6.2.2 Saudi Arabia Aircraft MRO Market Breakdown by Aircraft Type
10.5.6.2.3 Saudi Arabia Aircraft MRO Market Breakdown by End User
10.5.6.3 UAE Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.3.1 UAE Aircraft MRO Market Breakdown by Component
10.5.6.3.2 UAE Aircraft MRO Market Breakdown by Aircraft Type
10.5.6.3.3 UAE Aircraft MRO Market Breakdown by End User
10.5.6.4 Rest of MEA Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.4.1 Rest of MEA Aircraft MRO Market Breakdown by Component
10.5.6.4.2 Rest of MEA Aircraft MRO Market Breakdown by Aircraft Type
10.5.6.4.3 Rest of MEA Aircraft MRO Market Breakdown by End User
10.6 South America
10.6.1 South America Aircraft MRO Market Overview
10.6.2 South America Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.6.3 South America Aircraft MRO Market Breakdown by Component
10.6.3.1 South America Aircraft MRO Market Revenue and Forecasts and Analysis - By Component
10.6.4 South America Aircraft MRO Market Breakdown by Aircraft Type
10.6.4.1 South America Aircraft MRO Market Revenue and Forecasts and Analysis - By Aircraft Type
10.6.5 South America Aircraft MRO Market Breakdown by End User
10.6.5.1 South America Aircraft MRO Market Revenue and Forecasts and Analysis - By End User
10.6.6 South America Aircraft MRO Market Revenue and Forecasts and Analysis - By Country
10.6.6.1 Brazil Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.6.6.1.1 Brazil Aircraft MRO Market Breakdown by Component
10.6.6.1.2 Brazil Aircraft MRO Market Breakdown by Aircraft Type
10.6.6.1.3 Brazil Aircraft MRO Market Breakdown by End User
10.6.6.2 Argentina Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.6.6.2.1 Argentina Aircraft MRO Market Breakdown by Component
10.6.6.2.2 Argentina Aircraft MRO Market Breakdown by Aircraft Type
10.6.6.2.3 Argentina Aircraft MRO Market Breakdown by End User
10.6.6.3 Rest of SAM Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.6.6.3.1 Rest of SAM Aircraft MRO Market Breakdown by Component
10.6.6.3.2 Rest of SAM Aircraft MRO Market Breakdown by Aircraft Type
10.6.6.3.3 Rest of SAM Aircraft MRO Market Breakdown by End User
11. AIRCRAFT MRO MARKET – IMPACT OF COVID-19 PANDEMIC
11.1 Pre & Post Covid-19 Impact
12. COMPETITIVE LANDSCAPE
12.1 Company Positioning & Concentration
13. INDUSTRY LANDSCAPE
13.1 Overview
13.2 Market Initiative
13.3 Merger and Acquisition
14. COMPANY PROFILES
14.1 AAR CORP
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Barnes Group Inc
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 GE Aviation
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 FLTechnics, UAB.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Turkish Technic Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Singapore Technologies Engineering Ltd
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Lufthansa Technik
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Delta TechOps
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Rolls-Royce Holdings Plc
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Collins Aerospace
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. APPENDIX
15.1 About The Insight Partners
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. AIRCRAFT MRO MARKET LANDSCAPE
4.1 Overview
4.2 Porter’s Analysis
4.3 Ecosystem Analysis
4.3.1 Component Suppliers
4.3.2 MRO Service Providers
4.3.3 End Users
5. AIRCRAFT MRO MARKET - KEY INDUSTRY DYNAMICS
5.1 Aircraft MRO Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Increasing Air Travel
5.2.2 Rising Presence of MRO Service Providers in Emerging Economies
5.2.3 Growing Integration of Digital Technology in MRO Industry
5.3 Market Restraints
5.3.1 OEMs Entering Aftermarket
5.3.2 Rise in Environmental Concerns
5.4 Market Opportunities
5.4.1 Retrofitting of Older Aircraft Fleet
5.4.2 Increasing Adoption of Sustainable Aviation Fuel (SAF)
5.5 Future Trends
5.5.1 Blockchain Technology Changing MRO Landscape
5.6 Impact of Drivers and Restraints:
6. AIRCRAFT MRO MARKET - GLOBAL MARKET ANALYSIS
6.1 Aircraft MRO Market Revenue (US$ Million), 2022 – 2030
6.2 Aircraft MRO Market Forecast and Analysis
7. AIRCRAFT MRO MARKET ANALYSIS – COMPONENT
7.1.1 Overview
7.1.2 Aircraft MRO Market, By Component (2022 and 2030)
7.2 Engine MRO
7.2.1 Overview
7.2.2 Engine MRO Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Avionics MRO
7.3.1 Overview
7.3.2 Avionics MRO Market, Revenue and Forecast to 2030 (US$ Million)
7.4 Airframe MRO
7.4.1 Overview
7.4.2 Airframe MRO Market, Revenue and Forecast to 2030 (US$ Million)
7.5 Cabin MRO
7.5.1 Overview
7.5.2 Cabin MRO Market, Revenue and Forecast to 2030 (US$ Million)
7.6 Landing Gear MRO
7.6.1 Overview
7.6.2 Landing Gear MRO Market, Revenue and Forecast to 2030 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
8. AIRCRAFT MRO MARKET ANALYSIS – AIRCRAFT TYPE
8.1.1 Overview
8.1.2 Aircraft MRO Market, By Aircraft Type (2022 and 2030)
8.2 Fixed Wing
8.2.1 Overview
8.2.2 Fixed Wing Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Rotary Wing
8.3.1 Overview
8.3.2 Rotary Wing Market, Revenue and Forecast to 2030 (US$ Million)
9. AIRCRAFT MRO MARKET ANALYSIS – END USER
9.1.1 Overview
9.1.2 Aircraft MRO Market, By End User (2022 and 2030)
9.2 Commercial
9.2.1 Overview
9.2.2 Commercial Market, Revenue and Forecast to 2030 (US$ Million)
9.3 Military
9.3.1 Overview
9.3.2 Military Market, Revenue and Forecast to 2030 (US$ Million)
10. AIRCRAFT MRO MARKET - GEOGRAPHICAL ANALYSIS
10.1 Overview
10.2 North America
10.2.1 North America Aircraft MRO Market Overview
10.2.2 North America Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.3 North America Aircraft MRO Market Breakdown by Component
10.2.3.1 North America Aircraft MRO Market Revenue and Forecasts and Analysis - By Component
10.2.4 North America Aircraft MRO Market Breakdown by Aircraft Type
10.2.4.1 North America Aircraft MRO Market Revenue and Forecasts and Analysis - By Aircraft Type
10.2.5 North America Aircraft MRO Market Breakdown by End User
10.2.5.1 North America Aircraft MRO Market Revenue and Forecasts and Analysis - By End User
10.2.6 North America Aircraft MRO Market Revenue and Forecasts and Analysis - By Country
10.2.6.1 US Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.1.1 US Aircraft MRO Market Breakdown by Component
10.2.6.1.2 US Aircraft MRO Market Breakdown by Aircraft Type
10.2.6.1.3 US Aircraft MRO Market Breakdown by End User
10.2.6.2 Canada Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.2.1 Canada Aircraft MRO Market Breakdown by Component
10.2.6.2.2 Canada Aircraft MRO Market Breakdown by Aircraft Type
10.2.6.2.3 Canada Aircraft MRO Market Breakdown by End User
10.2.6.3 Mexico Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.3.1 Mexico Aircraft MRO Market Breakdown by Component
10.2.6.3.2 Mexico Aircraft MRO Market Breakdown by Aircraft Type
10.2.6.3.3 Mexico Aircraft MRO Market Breakdown by End User
10.3 Europe
10.3.1 Europe Aircraft MRO Market Overview
10.3.2 Europe Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.3 Europe Aircraft MRO Market Breakdown by Component
10.3.3.1 Europe Aircraft MRO Market Revenue and Forecasts and Analysis - By Component
10.3.4 Europe Aircraft MRO Market Breakdown by Aircraft Type
10.3.4.1 Europe Aircraft MRO Market Revenue and Forecasts and Analysis - By Aircraft Type
10.3.5 Europe Aircraft MRO Market Breakdown by End User
10.3.5.1 Europe Aircraft MRO Market Revenue and Forecasts and Analysis - By End User
10.3.6 Europe Aircraft MRO Market Revenue and Forecasts and Analysis - By Country
10.3.6.1 Germany Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.1.1 Germany Aircraft MRO Market Breakdown by Component
10.3.6.1.2 Germany Aircraft MRO Market Breakdown by Aircraft Type
10.3.6.1.3 Germany Aircraft MRO Market Breakdown by End User
10.3.6.2 France Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.2.1 France Aircraft MRO Market Breakdown by Component
10.3.6.2.2 France Aircraft MRO Market Breakdown by Aircraft Type
10.3.6.2.3 France Aircraft MRO Market Breakdown by End User
10.3.6.3 Italy Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.3.1 Italy Aircraft MRO Market Breakdown by Component
10.3.6.3.2 Italy Aircraft MRO Market Breakdown by Aircraft Type
10.3.6.3.3 Italy Aircraft MRO Market Breakdown by End User
10.3.6.4 UK Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.4.1 UK Aircraft MRO Market Breakdown by Component
10.3.6.4.2 UK Aircraft MRO Market Breakdown by Aircraft Type
10.3.6.4.3 UK Aircraft MRO Market Breakdown by End User
10.3.6.5 Russia Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.5.1 Russia Aircraft MRO Market Breakdown by Component
10.3.6.5.2 Russia Aircraft MRO Market Breakdown by Aircraft Type
10.3.6.5.3 Russia Aircraft MRO Market Breakdown by End User
10.3.6.6 Rest of Europe Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.6.1 Rest of Europe Aircraft MRO Market Breakdown by Component
10.3.6.6.2 Rest of Europe Aircraft MRO Market Breakdown by Aircraft Type
10.3.6.6.3 Rest of Europe Aircraft MRO Market Breakdown by End User
10.4 Asia Pacific
10.4.1 Asia Pacific Aircraft MRO Market Overview
10.4.2 Asia Pacific Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.3 Asia Pacific Aircraft MRO Market Breakdown by Component
10.4.3.1 Asia Pacific Aircraft MRO Market Revenue and Forecasts and Analysis - By Component
10.4.4 Asia Pacific Aircraft MRO Market Breakdown by Aircraft Type
10.4.4.1 Asia Pacific Aircraft MRO Market Revenue and Forecasts and Analysis - By Aircraft Type
10.4.5 Asia Pacific Aircraft MRO Market Breakdown by End User
10.4.5.1 Asia Pacific Aircraft MRO Market Revenue and Forecasts and Analysis - By End User
10.4.6 Asia Pacific Aircraft MRO Market Revenue and Forecasts and Analysis - By Country
10.4.6.1 Australia Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.1.1 Australia Aircraft MRO Market Breakdown by Component
10.4.6.1.2 Australia Aircraft MRO Market Breakdown by Aircraft Type
10.4.6.1.3 Australia Aircraft MRO Market Breakdown by End User
10.4.6.2 China Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.2.1 China Aircraft MRO Market Breakdown by Component
10.4.6.2.2 China Aircraft MRO Market Breakdown by Aircraft Type
10.4.6.2.3 China Aircraft MRO Market Breakdown by End User
10.4.6.3 India Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.3.1 India Aircraft MRO Market Breakdown by Component
10.4.6.3.2 India Aircraft MRO Market Breakdown by Aircraft Type
10.4.6.3.3 India Aircraft MRO Market Breakdown by End User
10.4.6.4 Japan Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.4.1 Japan Aircraft MRO Market Breakdown by Component
10.4.6.4.2 Japan Aircraft MRO Market Breakdown by Aircraft Type
10.4.6.4.3 Japan Aircraft MRO Market Breakdown by End User
10.4.6.5 South Korea Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.5.1 South Korea Aircraft MRO Market Breakdown by Component
10.4.6.5.2 South Korea Aircraft MRO Market Breakdown by Aircraft Type
10.4.6.5.3 South Korea Aircraft MRO Market Breakdown by End User
10.4.6.6 Rest of APAC Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.6.1 Rest of APAC Aircraft MRO Market Breakdown by Component
10.4.6.6.2 Rest of APAC Aircraft MRO Market Breakdown by Aircraft Type
10.4.6.6.3 Rest of APAC Aircraft MRO Market Breakdown by End User
10.5 Middle East & Africa
10.5.1 Middle East & Africa Aircraft MRO Market Overview
10.5.2 Middle East & Africa Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.3 Middle East & Africa Aircraft MRO Market Breakdown by Component
10.5.3.1 Middle East & Africa Aircraft MRO Market Revenue and Forecasts and Analysis - By Component
10.5.4 Middle East & Africa Aircraft MRO Market Breakdown by Aircraft Type
10.5.4.1 Middle East & Africa Aircraft MRO Market Revenue and Forecasts and Analysis - By Aircraft Type
10.5.5 Middle East & Africa Aircraft MRO Market Breakdown by End User
10.5.5.1 Middle East & Africa Aircraft MRO Market Revenue and Forecasts and Analysis - By End User
10.5.6 Middle East & Africa Aircraft MRO Market Revenue and Forecasts and Analysis - By Country
10.5.6.1 South Africa Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.1.1 South Africa Aircraft MRO Market Breakdown by Component
10.5.6.1.2 South Africa Aircraft MRO Market Breakdown by Aircraft Type
10.5.6.1.3 South Africa Aircraft MRO Market Breakdown by End User
10.5.6.2 Saudi Arabia Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.2.1 Saudi Arabia Aircraft MRO Market Breakdown by Component
10.5.6.2.2 Saudi Arabia Aircraft MRO Market Breakdown by Aircraft Type
10.5.6.2.3 Saudi Arabia Aircraft MRO Market Breakdown by End User
10.5.6.3 UAE Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.3.1 UAE Aircraft MRO Market Breakdown by Component
10.5.6.3.2 UAE Aircraft MRO Market Breakdown by Aircraft Type
10.5.6.3.3 UAE Aircraft MRO Market Breakdown by End User
10.5.6.4 Rest of MEA Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.4.1 Rest of MEA Aircraft MRO Market Breakdown by Component
10.5.6.4.2 Rest of MEA Aircraft MRO Market Breakdown by Aircraft Type
10.5.6.4.3 Rest of MEA Aircraft MRO Market Breakdown by End User
10.6 South America
10.6.1 South America Aircraft MRO Market Overview
10.6.2 South America Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.6.3 South America Aircraft MRO Market Breakdown by Component
10.6.3.1 South America Aircraft MRO Market Revenue and Forecasts and Analysis - By Component
10.6.4 South America Aircraft MRO Market Breakdown by Aircraft Type
10.6.4.1 South America Aircraft MRO Market Revenue and Forecasts and Analysis - By Aircraft Type
10.6.5 South America Aircraft MRO Market Breakdown by End User
10.6.5.1 South America Aircraft MRO Market Revenue and Forecasts and Analysis - By End User
10.6.6 South America Aircraft MRO Market Revenue and Forecasts and Analysis - By Country
10.6.6.1 Brazil Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.6.6.1.1 Brazil Aircraft MRO Market Breakdown by Component
10.6.6.1.2 Brazil Aircraft MRO Market Breakdown by Aircraft Type
10.6.6.1.3 Brazil Aircraft MRO Market Breakdown by End User
10.6.6.2 Argentina Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.6.6.2.1 Argentina Aircraft MRO Market Breakdown by Component
10.6.6.2.2 Argentina Aircraft MRO Market Breakdown by Aircraft Type
10.6.6.2.3 Argentina Aircraft MRO Market Breakdown by End User
10.6.6.3 Rest of SAM Aircraft MRO Market Revenue and Forecasts to 2030 (US$ Mn)
10.6.6.3.1 Rest of SAM Aircraft MRO Market Breakdown by Component
10.6.6.3.2 Rest of SAM Aircraft MRO Market Breakdown by Aircraft Type
10.6.6.3.3 Rest of SAM Aircraft MRO Market Breakdown by End User
11. AIRCRAFT MRO MARKET – IMPACT OF COVID-19 PANDEMIC
11.1 Pre & Post Covid-19 Impact
12. COMPETITIVE LANDSCAPE
12.1 Company Positioning & Concentration
13. INDUSTRY LANDSCAPE
13.1 Overview
13.2 Market Initiative
13.3 Merger and Acquisition
14. COMPANY PROFILES
14.1 AAR CORP
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Barnes Group Inc
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 GE Aviation
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 FLTechnics, UAB.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Turkish Technic Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Singapore Technologies Engineering Ltd
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Lufthansa Technik
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Delta TechOps
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Rolls-Royce Holdings Plc
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Collins Aerospace
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. APPENDIX
15.1 About The Insight Partners
