Global Aircraft MRO Market Size study, by Service Type (Engine Overhaul, Airframe Maintenance), by Organization Type, by Aircraft Type, by Aircraft Generation, and Regional Forecasts 2022-2032
The Global Aircraft MRO Market is valued at approximately USD 86.73 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 4.75% over the forecast period 2024-2032. Aircraft Maintenance, Repair, and Overhaul (MRO) services play an integral role in ensuring the safety, reliability, and efficiency of aircraft. These services encompass a wide range of activities, from engine overhauls and airframe maintenance to system upgrades and regulatory compliance inspections. As the aviation industry continues to grow, driven by increasing air travel demand and fleet expansion, the MRO market emerges as a critical pillar of operational sustainability.
The growth trajectory of the Aircraft MRO market is underpinned by several compelling factors. The global rise in air passenger traffic, coupled with aging aircraft fleets, necessitates comprehensive maintenance and repair solutions. Furthermore, advancements in aviation technologies, such as predictive maintenance enabled by IoT and data analytics, have elevated the demand for sophisticated MRO services. Airlines are increasingly outsourcing their MRO requirements to specialized third-party providers, enabling them to focus on core operations while benefiting from cost efficiencies and technical expertise. However, the market faces challenges, including high initial capital investment and stringent regulatory frameworks, which could potentially restrain growth during the forecast period.
In 2023, North America held a dominant position in the Aircraft MRO market due to its extensive fleet size, robust infrastructure, and presence of leading MRO providers. The region benefits from significant investments in aviation technology and a well-established regulatory environment. Meanwhile, the Asia Pacific region is poised to experience the fastest growth over the forecast period, fueled by burgeoning air traffic, rapid fleet expansion, and increasing investments in regional MRO facilities in countries such as China and India. Europe, with its mature aviation market, continues to invest in sustainable and technologically advanced MRO solutions to maintain competitiveness.
Major market players included in this report are:
By Service Type
North America
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
The growth trajectory of the Aircraft MRO market is underpinned by several compelling factors. The global rise in air passenger traffic, coupled with aging aircraft fleets, necessitates comprehensive maintenance and repair solutions. Furthermore, advancements in aviation technologies, such as predictive maintenance enabled by IoT and data analytics, have elevated the demand for sophisticated MRO services. Airlines are increasingly outsourcing their MRO requirements to specialized third-party providers, enabling them to focus on core operations while benefiting from cost efficiencies and technical expertise. However, the market faces challenges, including high initial capital investment and stringent regulatory frameworks, which could potentially restrain growth during the forecast period.
In 2023, North America held a dominant position in the Aircraft MRO market due to its extensive fleet size, robust infrastructure, and presence of leading MRO providers. The region benefits from significant investments in aviation technology and a well-established regulatory environment. Meanwhile, the Asia Pacific region is poised to experience the fastest growth over the forecast period, fueled by burgeoning air traffic, rapid fleet expansion, and increasing investments in regional MRO facilities in countries such as China and India. Europe, with its mature aviation market, continues to invest in sustainable and technologically advanced MRO solutions to maintain competitiveness.
Major market players included in this report are:
- Lufthansa Technik AG
- GE Aviation
- Rolls-Royce Holdings PLC
- Air France Industries KLM Engineering & Maintenance
- Singapore Technologies Engineering Ltd
- Delta TechOps
- AAR Corporation
- SR Technics
- Collins Aerospace
- Honeywell International Inc.
- Ameco Beijing
- HAECO Group
- Pratt & Whitney (Raytheon Technologies)
- MTU Aero Engines AG
- Sabena Technics
By Service Type
- Engine Overhaul
- Airframe Maintenance
- OEMs
- Independent Providers
- Airlines
- Narrow-Body Aircraft
- Wide-Body Aircraft
- Regional Jets
- Others
- First Generation
- Second Generation
- Third Generation
North America
- U.S.
- Canada
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia Pacific
- Brazil
- Mexico
- Rest of Latin America
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
- Comprehensive market estimates and forecasts for 10 years, spanning from 2022 to 2032.
- Regional-level analysis for each market segment.
- Detailed insights into market drivers, challenges, and opportunities.
- Country-level analysis for key regions.
- Competitive landscape analysis, highlighting strategies of major players.
- Recommendations for business strategies and market entry approaches.
- In-depth demand and supply-side analysis to offer a holistic view of the market.
CHAPTER 1. GLOBAL AIRCRAFT MRO MARKET EXECUTIVE SUMMARY
1.1. Global Aircraft MRO Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Service Type
1.3.2. By Organization Type
1.3.3. By Aircraft Type
1.3.4. By Aircraft Generation
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
CHAPTER 2. GLOBAL AIRCRAFT MRO MARKET DEFINITION AND RESEARCH ASSUMPTIONS
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
CHAPTER 3. GLOBAL AIRCRAFT MRO MARKET DYNAMICS
3.1. Market Drivers
3.1.1. Rise in Air Passenger Traffic and Fleet Expansion
3.1.2. Advancements in Predictive Maintenance Technologies
3.1.3. Increased Outsourcing of MRO Services by Airlines
3.2. Market Challenges
3.2.1. High Initial Capital Investment Requirements
3.2.2. Strenuous Regulatory Compliance Standards
3.3. Market Opportunities
3.3.1. Expansion of MRO Facilities in Emerging Markets
3.3.2. Integration of IoT and Data Analytics in MRO Services
3.3.3. Growth in Regional Jet and Wide-Body Aircraft MRO Demand
CHAPTER 4. GLOBAL AIRCRAFT MRO MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL AIRCRAFT MRO MARKET SIZE & FORECASTS BY SERVICE TYPE 2022-2032
5.1. Segment Dashboard
5.2. Global Aircraft MRO Market: Service Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
5.2.1. Engine Overhaul
5.2.2. Airframe Maintenance
CHAPTER 6. GLOBAL AIRCRAFT MRO MARKET SIZE & FORECASTS BY ORGANIZATION TYPE 2022-2032
6.1. Segment Dashboard
6.2. Global Aircraft MRO Market: Organization Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.2.1. OEMs
6.2.2. Independent Providers
6.2.3. Airlines
CHAPTER 7. GLOBAL AIRCRAFT MRO MARKET SIZE & FORECASTS BY AIRCRAFT TYPE 2022-2032
7.1. Narrow-Body Aircraft MRO Market
7.1.1. Narrow-Body Aircraft MRO Market
7.1.1.1. Service Type breakdown size & forecasts, 2022-2032
7.1.1.2. Organization Type breakdown size & forecasts, 2022-2032
7.2. Wide-Body Aircraft MRO Market
7.2.1. Wide-Body Aircraft MRO Market
7.2.1.1. Service Type breakdown size & forecasts, 2022-2032
7.2.1.2. Organization Type breakdown size & forecasts, 2022-2032
7.3. Regional Jets MRO Market
7.3.1. Regional Jets MRO Market
7.3.1.1. Service Type breakdown size & forecasts, 2022-2032
7.3.1.2. Organization Type breakdown size & forecasts, 2022-2032
7.4. Others Aircraft MRO Market
7.4.1. Others Aircraft MRO Market
7.4.1.1. Service Type breakdown size & forecasts, 2022-2032
7.4.1.2. Organization Type breakdown size & forecasts, 2022-2032
CHAPTER 8. COMPETITIVE INTELLIGENCE
8.1. Key Company SWOT Analysis
8.1.1. Lufthansa Technik AG
8.1.2. GE Aviation
8.1.3. Rolls-Royce Holdings PLC
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Lufthansa Technik AG
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Market Strategies
8.3.2. GE Aviation
8.3.3. Rolls-Royce Holdings PLC
8.3.4. Air France Industries KLM Engineering & Maintenance
8.3.5. Singapore Technologies Engineering Ltd
8.3.6. Delta TechOps
8.3.7. AAR Corporation
8.3.8. SR Technics
8.3.9. Collins Aerospace
8.3.10. Honeywell International Inc.
CHAPTER 9. RESEARCH PROCESS
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
1.1. Global Aircraft MRO Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Service Type
1.3.2. By Organization Type
1.3.3. By Aircraft Type
1.3.4. By Aircraft Generation
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
CHAPTER 2. GLOBAL AIRCRAFT MRO MARKET DEFINITION AND RESEARCH ASSUMPTIONS
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
CHAPTER 3. GLOBAL AIRCRAFT MRO MARKET DYNAMICS
3.1. Market Drivers
3.1.1. Rise in Air Passenger Traffic and Fleet Expansion
3.1.2. Advancements in Predictive Maintenance Technologies
3.1.3. Increased Outsourcing of MRO Services by Airlines
3.2. Market Challenges
3.2.1. High Initial Capital Investment Requirements
3.2.2. Strenuous Regulatory Compliance Standards
3.3. Market Opportunities
3.3.1. Expansion of MRO Facilities in Emerging Markets
3.3.2. Integration of IoT and Data Analytics in MRO Services
3.3.3. Growth in Regional Jet and Wide-Body Aircraft MRO Demand
CHAPTER 4. GLOBAL AIRCRAFT MRO MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL AIRCRAFT MRO MARKET SIZE & FORECASTS BY SERVICE TYPE 2022-2032
5.1. Segment Dashboard
5.2. Global Aircraft MRO Market: Service Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
5.2.1. Engine Overhaul
5.2.2. Airframe Maintenance
CHAPTER 6. GLOBAL AIRCRAFT MRO MARKET SIZE & FORECASTS BY ORGANIZATION TYPE 2022-2032
6.1. Segment Dashboard
6.2. Global Aircraft MRO Market: Organization Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.2.1. OEMs
6.2.2. Independent Providers
6.2.3. Airlines
CHAPTER 7. GLOBAL AIRCRAFT MRO MARKET SIZE & FORECASTS BY AIRCRAFT TYPE 2022-2032
7.1. Narrow-Body Aircraft MRO Market
7.1.1. Narrow-Body Aircraft MRO Market
7.1.1.1. Service Type breakdown size & forecasts, 2022-2032
7.1.1.2. Organization Type breakdown size & forecasts, 2022-2032
7.2. Wide-Body Aircraft MRO Market
7.2.1. Wide-Body Aircraft MRO Market
7.2.1.1. Service Type breakdown size & forecasts, 2022-2032
7.2.1.2. Organization Type breakdown size & forecasts, 2022-2032
7.3. Regional Jets MRO Market
7.3.1. Regional Jets MRO Market
7.3.1.1. Service Type breakdown size & forecasts, 2022-2032
7.3.1.2. Organization Type breakdown size & forecasts, 2022-2032
7.4. Others Aircraft MRO Market
7.4.1. Others Aircraft MRO Market
7.4.1.1. Service Type breakdown size & forecasts, 2022-2032
7.4.1.2. Organization Type breakdown size & forecasts, 2022-2032
CHAPTER 8. COMPETITIVE INTELLIGENCE
8.1. Key Company SWOT Analysis
8.1.1. Lufthansa Technik AG
8.1.2. GE Aviation
8.1.3. Rolls-Royce Holdings PLC
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Lufthansa Technik AG
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Market Strategies
8.3.2. GE Aviation
8.3.3. Rolls-Royce Holdings PLC
8.3.4. Air France Industries KLM Engineering & Maintenance
8.3.5. Singapore Technologies Engineering Ltd
8.3.6. Delta TechOps
8.3.7. AAR Corporation
8.3.8. SR Technics
8.3.9. Collins Aerospace
8.3.10. Honeywell International Inc.
CHAPTER 9. RESEARCH PROCESS
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
LIST OF TABLES
TABLE 1. Global Aircraft MRO market, report scope
TABLE 2. Global Aircraft MRO market estimates & forecasts by Region 2022-2032 (USD Million/Billion)
TABLE 3. Global Aircraft MRO market estimates & forecasts by Service Type 2022-2032 (USD Million/Billion)
TABLE 4. Global Aircraft MRO market estimates & forecasts by Organization Type 2022-2032 (USD Million/Billion)
TABLE 5. Global Aircraft MRO market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 6. Global Aircraft MRO market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 7. Global Aircraft MRO market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 8. Global Aircraft MRO market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 9. Global Aircraft MRO market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 10. Global Aircraft MRO market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 11. Global Aircraft MRO market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 12. Global Aircraft MRO market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 13. Global Aircraft MRO market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 14. Global Aircraft MRO market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 15. U.S. Aircraft MRO market estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 16. U.S. Aircraft MRO market estimates & forecasts by segment 2022-2032 (USD Million/Billion)
TABLE 17. U.S. Aircraft MRO market estimates & forecasts by segment 2022-2032 (USD Million/Billion)
TABLE 18. Canada Aircraft MRO market estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 19. Canada Aircraft MRO market estimates & forecasts by segment 2022-2032 (USD Million/Billion)
TABLE 20. Canada Aircraft MRO market estimates & forecasts by segment 2022-2032 (USD Million/Billion)
…..
This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.
TABLE 1. Global Aircraft MRO market, report scope
TABLE 2. Global Aircraft MRO market estimates & forecasts by Region 2022-2032 (USD Million/Billion)
TABLE 3. Global Aircraft MRO market estimates & forecasts by Service Type 2022-2032 (USD Million/Billion)
TABLE 4. Global Aircraft MRO market estimates & forecasts by Organization Type 2022-2032 (USD Million/Billion)
TABLE 5. Global Aircraft MRO market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 6. Global Aircraft MRO market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 7. Global Aircraft MRO market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 8. Global Aircraft MRO market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 9. Global Aircraft MRO market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 10. Global Aircraft MRO market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 11. Global Aircraft MRO market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 12. Global Aircraft MRO market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 13. Global Aircraft MRO market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 14. Global Aircraft MRO market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 15. U.S. Aircraft MRO market estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 16. U.S. Aircraft MRO market estimates & forecasts by segment 2022-2032 (USD Million/Billion)
TABLE 17. U.S. Aircraft MRO market estimates & forecasts by segment 2022-2032 (USD Million/Billion)
TABLE 18. Canada Aircraft MRO market estimates & forecasts, 2022-2032 (USD Million/Billion)
TABLE 19. Canada Aircraft MRO market estimates & forecasts by segment 2022-2032 (USD Million/Billion)
TABLE 20. Canada Aircraft MRO market estimates & forecasts by segment 2022-2032 (USD Million/Billion)
…..
This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.
LIST OF FIGURES
FIG 1. Global Aircraft MRO market, research methodology
FIG 2. Global Aircraft MRO market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Aircraft MRO market, key trends 2023
FIG 5. Global Aircraft MRO market, growth prospects 2022-2032
FIG 6. Global Aircraft MRO market, Porter’s 5 Force model
FIG 7. Global Aircraft MRO market, PESTEL analysis
FIG 8. Global Aircraft MRO market, value chain analysis
FIG 9. Global Aircraft MRO market by segment, 2022 & 2032 (USD Million/Billion)
FIG 10. Global Aircraft MRO market by segment, 2022 & 2032 (USD Million/Billion)
FIG 11. Global Aircraft MRO market by segment, 2022 & 2032 (USD Million/Billion)
FIG 12. Global Aircraft MRO market by segment, 2022 & 2032 (USD Million/Billion)
FIG 13. Global Aircraft MRO market by segment, 2022 & 2032 (USD Million/Billion)
FIG 14. Global Aircraft MRO market, regional snapshot 2022 & 2032
FIG 15. North America Aircraft MRO market 2022 & 2032 (USD Million/Billion)
FIG 16. Europe Aircraft MRO market 2022 & 2032 (USD Million/Billion)
FIG 17. Asia Pacific Aircraft MRO market 2022 & 2032 (USD Million/Billion)
FIG 18. Latin America Aircraft MRO market 2022 & 2032 (USD Million/Billion)
FIG 19. Middle East & Africa Aircraft MRO market 2022 & 2032 (USD Million/Billion)
FIG 20. Global Aircraft MRO market, company market share analysis (2023)
…..
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.
FIG 1. Global Aircraft MRO market, research methodology
FIG 2. Global Aircraft MRO market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Aircraft MRO market, key trends 2023
FIG 5. Global Aircraft MRO market, growth prospects 2022-2032
FIG 6. Global Aircraft MRO market, Porter’s 5 Force model
FIG 7. Global Aircraft MRO market, PESTEL analysis
FIG 8. Global Aircraft MRO market, value chain analysis
FIG 9. Global Aircraft MRO market by segment, 2022 & 2032 (USD Million/Billion)
FIG 10. Global Aircraft MRO market by segment, 2022 & 2032 (USD Million/Billion)
FIG 11. Global Aircraft MRO market by segment, 2022 & 2032 (USD Million/Billion)
FIG 12. Global Aircraft MRO market by segment, 2022 & 2032 (USD Million/Billion)
FIG 13. Global Aircraft MRO market by segment, 2022 & 2032 (USD Million/Billion)
FIG 14. Global Aircraft MRO market, regional snapshot 2022 & 2032
FIG 15. North America Aircraft MRO market 2022 & 2032 (USD Million/Billion)
FIG 16. Europe Aircraft MRO market 2022 & 2032 (USD Million/Billion)
FIG 17. Asia Pacific Aircraft MRO market 2022 & 2032 (USD Million/Billion)
FIG 18. Latin America Aircraft MRO market 2022 & 2032 (USD Million/Billion)
FIG 19. Middle East & Africa Aircraft MRO market 2022 & 2032 (USD Million/Billion)
FIG 20. Global Aircraft MRO market, company market share analysis (2023)
…..
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.
