Aircraft MRO Market Size, Share & Trends Analysis Report By Service Type (Engine Overhaul, Airframe Maintenance, Line Maintenance, Modification, Components), Organization Type (Airline/Operator MRO, Independent MRO, Original Equipment Manufacturer (OEM) MRO), Aircraft Type (Narrow-Body, Wide-Body, Regional Jet, Others) Based On Region, And Segment Forecasts, 2022 - 2028

  • Report ID: BMRC 732 | Number of pages: 200 | Published Date: Mar 2022

    Published | Category: Aviation | Delivery Timeline: 48 hrs

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Market Size Forecast Scenarios (Optimistic, Baseline and Pessimistic) 2021-2027

Global Aircraft MRO Market was valued at USD 70.84 Billion in 2021 and is expected to reach USD 97.12 Billion by 2028 with a CAGR of 4.61% over the forecast period.

The global aircraft MRO is expected to grow at a significant rate due to the number of driving factors.

Scope of The Aircraft MRO Market Report:

Aircraft MRO Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Aircraft MRO Marketplace for the forecast 2021– 2028.

Continuous operational efficiency gains, the rise of low-cost airlines and the growing convenience of flight booking have all contributed to the increasing number of air travel. Airlines can only get the full benefits of their respective network and fleet strategies if they have a robust and flexible maintenance regime in place. It is estimated that there were around 24,000 commercial aircraft flying in 2017. This fleet size is expected to grow to 35,000 by 2027. Since older aircrafts will need to be replaced and there is a demand for larger fleets, OEMs will need to step up production but older fleets won’t be replaced at once and thus, there will be a mix of old and new planes flying around. This mix of aircraft creates more demand for the MRO. As a result, the MRO market is expected to witness a faster growth in the coming years.

Global Aircraft MRO Market Segmentation:-

The study provides a crucial view of the global aircraft MRO market by segmenting the market based on MRO type, aircraft, application and region. On the basis of MRO type, the market is segmented into Engine, Component, Line Maintenance, Airframe, and Modifications. On the basis of aircraft, the market is segmented into narrow-body, wide-body, and others. Based upon application, the market is segmented into commercial air transport, business and general aviation and military aviation. On the basis of country level, global aircraft MRO market sub-divided into U.S., Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Brazil, Mexico, GCC, Africa, etc. 

By Service Type:

  • Engine Overhaul
  • Airframe Maintenance
  • Line Maintenance
  • Modification
  • Components

By Organization Type:

  • Airline/Operator MRO
  • Independent MRO
  • Original Equipment Manufacturer (OEM) MRO

By Aircraft Type:

  • Narrow-Body
  • Wide-Body
  • Regional Jet
  • Others

By Aircraft Generation:

  • Old Generation
  • Mid Generation
  • New Generation

Aircraft MRO

Aircraft MRO Companies:

  • AAR CORP
  • Delta TechOps (Delta Air Lines, Inc.)
  • General Electric Company
  • Hong Kong Aircraft Engineering Co. Ltd.
  • Lufthansa Technik AG
  • L3Harris Technologies, Inc.
  • United Technologies Corporation
  • SIA Engineering Company Ltd.
  • TAP Maintenance & Engineering
  • Singapore Technologies Engineering Ltd.
  • MTU Aero Engines AG
  • Rolls-Royce Holding plc

Aircraft MRO Market Dynamics:-

The global aircraft MRO market is expected to witness lucrative growth within the forecast period owing to the increasing fleet expansion and growing need for airframe maintenance. With the growing air traffic, carriers are more inclined toward maintaining the health of their current fleet, going for new aircraft only if they have no other option. But the cost of buying a new aircraft is considerably higher than the cost for the maintenance of the current fleet. In addition, different airports have introduced improvement processes to enhance efficiency, and several are using new technological systems to gain additional upgrades and prepare for the bigger data requirements of next-generation aircraft which in turn supplements the demand for aircraft MRO and fosters the market growth. In addition, growing air travel demand combined is also driving the capacity growth and demand for aftermarket services. Furthermore, the low fuel price is delaying the fleet renewal process, extending the need to maintain ageing and augmenting the demand for aircraft MRO.

Asia-Pacific held the market share of xx% in 2021 of global aircraft MRO market within the forecast period. Major factors expected to drive the growth in this region are increasing air-traffic in upcoming years and rising international trade and demand for new aircraft in this region. In the recent years, several other Asian countries have also increased their investment in MRO facilities, trying to replicate the success of Singapore and Hong Kong in this sector. Low-cost carrier, to some extent, has changed the face of civil aviation in Asia. Government policy also plays a key role, and the Singapore government has been very forward-looking in supporting the aerospace industry. With the growing frequency of flights to and from the Asian countries, the demand for MRO centers is expected to rise in this region in the coming years. Moreover, increasing penetration of global players in this region to cater to the growing demand and the huge potential of the Asia-Pacific aviation market are also supplementing the market growth.

North America held the market share of xx% in 2021of global aircraft MRO market within the forecast period. Europe is expected to capture the xx% share of global aircraft MRO market in 2028 owing to the growing investment in various military and commercial aviation programs in this region within the forecast period.

On Special Requirement Aircraft MRO Market Report is also available for below Regions and Country:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherland
  • Turkey
  • Switzerland
  • Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
  • Japan
  • China
  • India
  • Australia
  • Philippines
  • Singapore
  • Malaysia
  • Thailand
  • Indonesia
  • Rest Of APAC

Latin America

  • Mexico
  • Colombia
  • Brazil
  • Argentina
  • Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest Of MEA
Report Analysis Details
Historical data 2015 - 2020
Forecast Period 2021 - 2028
Market Size in 2021: USD 70.84 Billion 
Base year considered 2020
Forecast Period CAGR %:

4.61%

Market Size Expected in 2028: USD 97.12 Billion 
Tables, Charts & Figures: 175
Pages 200
Aircraft MRO Companies: AAR CORP, Delta TechOps (Delta Air Lines, Inc.), General Electric Company, Hong Kong Aircraft Engineering Co. Ltd., Lufthansa Technik AG, L3Harris Technologies, Inc., United Technologies Corporation, SIA Engineering Company Ltd., TAP Maintenance & Engineering, Singapore Technologies Engineering Ltd., MTU Aero Engines AG, Rolls-Royce Holding plc
Segments Covered By Service Type, By Organization Type, By Aircraft Type, By Aircraft Generation
Regional Analysis North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Key Benefits for Aircraft MRO Market Reports:-

  • Global Aircraft MRO Market report covers in-depth historical and forecasts analysis.
  • Global Aircraft MRO Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
  • Global Aircraft MRO Market report helps to identify opportunities in the marketplace.
  • Global Aircraft MRO Market report covers an extensive analysis of emerging trends and the competitive landscape


Frequently Asked Questions (FAQ) :
Global Aircraft MRO Market Size is Anticipated to Reach USD 97.12 Billion by 2028 with a CAGR of 4.61% over the forecast period.
Global Aircraft MRO Market was valued at USD 70.84 Billion in 2021 
AAR CORP, Delta TechOps (Delta Air Lines, Inc.), General Electric Company, Hong Kong Aircraft Engineering Co. Ltd., Lufthansa Technik AG, L3Harris Technologies, Inc., United Technologies Corporation, SIA Engineering Company Ltd., TAP Maintenance & Engineering, Singapore Technologies Engineering Ltd., MTU Aero Engines AG, Rolls-Royce Holding plc
The global aircraft MRO market is expected to witness lucrative growth within the forecast period owing to the increasing fleet expansion and growing need for airframe maintenance
Asia-Pacific will witness extreme development in the global market



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Aircraft MRO Market Size, Share, Industry Trends Analysis, And Forecast By 2028

report cover

Table of Content

Chapter 1 Global Aircraft MRO Market: Summary and Quantitative Analysis
1.1 Report Description
1.2 Global Aircraft MRO Market Revenue Overview
1.3 Global Aircraft MRO Market Revenue (USD Billion) and Growth (%) Rate, 2015- 2025

Chapter 2 Global Aircraft MRO Market: Overview and Qualitative Analysis
2.1 Executive Summary
2.2 Market Drivers
2.3 Market Restraints
2.4 Market Opportunities
2.5 Market Trends
2.6 Global Aircraft MRO Market: SWOT Analysis
2.7 Global Aircraft MRO Market: PEST Analysis
2.7 Global Aircraft MRO Market: Porter’s Five Forces Analysis
2.8 Global Aircraft MRO Market: Attractiveness Analysis
2.8.1 Global Aircraft MRO Market: Attractiveness Analysis by Type
2.8.2 Global Aircraft MRO Market: Attractiveness Analysis by Grade
2.8.3 Global Aircraft MRO Market: Attractiveness Analysis by Regional

Chapter 3 Competitive Analysis
3.1 Global Aircraft MRO Market
3.1.1 Global Aircraft MRO market Revenue (USD Billion), By Players 2018
3.1.2 Global Aircraft MRO Market Revenue Share (%), By Players 2018

Chapter 5 Global Aircraft MRO Market: By Product Type
5.1 Global Aircraft MRO Market Share (%), By Product Type, 2018
5.2 Global Aircraft MRO Market Revenue (USD Billion), By Product Type, 2015 – 2025
5.3 Global Aircraft MRO Market Revenue (USD Billion), By Retro,2015-2025
5.4 Global Aircraft MRO Market Revenue (USD Billion), 2015-2025
5.4 Global Aircraft MRO Market Revenue (USD Billion), 2015-2025
5.5 Global Aircraft MRO Market Revenue Share (%), By Product Type, 2015 – 2025
5.6 Global Aircraft MRO Market Revenue Market Share (%), By Product Type, 2015-2025

Chapter 6 Global Aircraft MRO Market: By Product Type
6.1 Global Aircraft MRO Market Share (%), By Product Type, 2018
6.2 Global Aircraft MRO Market Revenue (USD Billion), By Type, 2015 – 2025

Chapter 7 North America Aircraft MRO Market Analysis
7.1 North America Market Snapshot
7.1.1 North America Aircraft MRO Market Revenue and Growth Rate (%), 2015-2025.
7.1.2 North America Aircraft MRO Market Revenue (USD Billion) Overview, by Country, 2015 – 2025
7.1.3 North America Aircraft MRO Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
7.1.5 North America Aircraft MRO Revenue (USD Billion) Overview, By Product Type, 2015-2025
7.1.6 North America Aircraft MRO Revenue (USD Billion) Overview, By Product Type , 2015-2025

Chapter 8 Europe Aircraft MRO Market Analysis
8.1 Europe Market Snapshot
8.1.1 Europe Aircraft MRO Market Revenue and Growth Rate (%), 2015-2025.
8.1.2 Europe Aircraft MRO Market Revenue (USD Billion) Overview, by Country, 2015 – 2025
8.1.3 Europe Aircraft MRO Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
8.1.5 Europe Aircraft MRO Revenue (USD Billion) Overview, By Product Type, 2015-2025
8.1.6 Europe Aircraft MRO Revenue (USD Billion) Overview, By Type, 2015-2025

Chapter 9 Asia Pacific Aircraft MRO Market Analysis
9.1 Asia Pacific Market Snapshot
9.1.1 Asia Pacific Aircraft MRO Market Revenue and Growth Rate (%), 2015-2025.
9.1.2 Asia Pacific Aircraft MRO Market Revenue (USD Billion) Overview, by Country, 2015 – 2025
9.1.3 Asia Pacific Aircraft MRO Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
9.1.5 Asia Pacific Aircraft MRO Revenue (USD Billion) Overview, By Product Type, 2015-2025
9.1.6 Asia Pacific Aircraft MRO Revenue (USD Billion) Overview, By Type, 2015-2025

Chapter 10 Latin America Aircraft MRO Market Analysis
10.1 Latin America Market Snapshot
10.1.1 Latin America Aircraft MRO Market Revenue and Growth Rate (%), 2015-2025.
10.1.2 Latin America Aircraft MRO Market Revenue (USD Billion) Overview, by Country, 2015 – 2025
10.1.3 Latin America Aircraft MRO Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
10.1.5 Latin America Aircraft MRO Revenue (USD Billion) Overview, By Product Type, 2015-2025
10.1.6 Latin America Aircraft MRO Revenue (USD Billion) Overview, By Type, 2015-2025

Chapter 11 Middle East & Africa Aircraft MRO Market Analysis
11.1 Middle East & Africa Market Snapshot
11.1.1 Middle East & Africa Aircraft MRO Market Revenue and Growth Rate (%), 2015-2025.
11.1.2 Middle East & Africa Aircraft MRO Market Revenue (USD Billion) Overview, by Country, 2015 – 2025
11.1.3 Middle East & Africa Aircraft MRO Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.

11.1.5 Middle East & Africa Aircraft MRO Revenue (USD Billion) Overview, By Product Type, 2015-2025
11.1.6 Middle East & Africa Aircraft MRO Revenue (USD Billion) Overview, By Type, 2015-2025

Chapter 12 Competitive Analysis
12.1 Company 1.
12.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
12.1.2 Company 1. Total Company Revenue 2015-2018
12.1.3 Company 1. Total Company Revenue, By Segment of Business 2015-2018
12.1.4 Company 1. Total Company Revenue, By Region 2015-2018
12.1.5 Company 1. Global Aircraft MRO Product Category and Description
12.1.6 Company 1. Recent Activity 2015-2019
12.1.7 Main Business/Business Overview
12.1.8 Business Strategy
12.1.9 SWOT Analysis
12.2 Company 2.
12.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
12.2.2 Company 2. Total Company Revenue 2015-2018
12.2.3 Company 2. Total Company Revenue, By Segment of Business 2015-2018
12.2.4 Company 2. Total Company Revenue, By Region 2015-2018
12.2.5 Company 2. Global Aircraft MRO Product Category and Description
12.2.6 Company 2. Recent Activity 2015-2019
12.2.7 Main Business/Business Overview
12.2.8 Business Strategy
12.2.9 SWOT Analysis
12.3 Company 3
12.3.1 Business Overview
12.3.2 Company 3Market Product Category and Description & Specification
12.3.3 Main Business/Business Overview
12.3.4 Business Strategy
12.3.5 SWOT Analysis
12.4 Company 4.
12.4.1 Business Overview
12.4.2 Company 4.Company Total Company Revenue 2015-2018
12.4.3 Company 4.Company Total Company Revenue, By Segment of Business 2015-2018
12.4.4 Company 4.Company Total Company Revenue, By Region of Business 2015-2018
12.4.5 Company 4.Company Product Category, Specification and Description
12.4.6 Company 4.Company Recent Mergers & Acquisitions (M&A) Activity 2015-2019
12.4.7 Company 4.Company Main Business/Business Overview
12.4.8 Business Strategy
12.4.9 SWOT Analysis
12.5 Company 5
12.5.1 Business Overview
12.5.2 Company 5 Company Net Sales 2015-2018
12.5.3 Company 5 Company Net Sales, By Segment of Business 2011-2018
12.5.4 Company 5 Company Net Sales, By Region 2015-2018
12.5.5 Company 5 Aircraft MRO Market Product Category and Specification
12.5.6 Company 5 Recent Mergers & Acquisitions (M&A) Activity 2015-2019
12.5.7 Company 5 Main Business/Business Overview
12.5.8 Business Strategy
12.5.9 SWOT Analysis
12.6 Company 6
12.6.1 Business Overview
12.6.2 Company 6 Aircraft MRO Market Product Category and Specification
12.6.3 Company 6 Recent Mergers & Acquisitions (M&A) Activity 2015-2019
12.6.4 Company 6 Main Business/Business Overview
12.6.5 Business Strategy
12.6.6 SWOT Analysis

Chapter 13 Market Research Findings & Conclusion

Chapter 14 Research Methodology
14.1 Research Process
14.2 Primary Research
14.3 Secondary Research
14.4 Market Size Estimates
14.5 Forecast Model
14.7 Who is This Report For?
14.8 USP’s of Report
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List of Figures

FIG. 1 Global Aircraft MRO Market Revenue (USD Billion) and Growth Rate (%), 2015- 2025
FIG. 4 Global Aircraft MRO Market: Attractiveness Analysis By Product Type
FIG. 5 Global Aircraft MRO Market: Attractiveness Analysis By Type
FIG. 6 Global Aircraft MRO Market: Attractiveness Analysis by Regional
FIG. 7 Global Aircraft MRO Market
FIG. 8 Global Aircraft MRO Market Share (%), By Product Type, 2018
FIG. 9 Global Aircraft MRO Market Revenue (USD Billion), By Application, 2015-2025
FIG. 10 Global Aircraft MRO Market Revenue (USD Billion), By End Use , 2015-2025
FIG. 10 Global Aircraft MRO Market Revenue (USD Billion), By Type, 2015-2025
FIG. 11 Global Aircraft MRO Market Revenue Market Share (%), By Product Type, 2015-2025
FIG. 20 North America Aircraft MRO Market Revenue (USD Billion) and Growth Rate (%), 2015-2025.
FIG. 21 North America Aircraft MRO Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
FIG. 22 Europe Aircraft MRO Market Revenue (USD Billion) and Growth Rate (%), 2015-2025.
FIG. 23 Europe Aircraft MRO Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
FIG. 24 Asia Pacific Aircraft MRO Market Revenue (USD Billion) and Growth Rate (%), 2015-2025.
FIG. 25 Asia Pacific Aircraft MRO Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
FIG. 26 Latin America Aircraft MRO Market Revenue (USD Billion) and Growth Rate (%), 2015-2025.
FIG. 27 Latin America Aircraft MRO Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
FIG. 28 Middle East & Africa Aircraft MRO Market Revenue (USD Billion) and Growth Rate (%), 2015-2025.
FIG. 29 Middle East & Africa Aircraft MRO Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
FIG. 30 Company 1. Total Company Revenue 2015-2018 (USD Million, R & D Expenses %)
FIG. 31 Company 1. Total Company Revenue, by Segment of Business 2015-2018 (USD Million, AGR %)
FIG. 32 Company 1. Total Company Revenue, by Region 2015-2018 (USD Million, AGR %)
FIG. 33 Company 2. Total Company Revenue 2015-2018 (USD Million)
FIG. 34 Company 2. Total Company Revenue, by Segment of Business 2015-2018 (USD Million, AGR %)
FIG. 35 Company 2. Total Company Revenue, by Region 2015-2018 (USD Million, AGR %) 119
FIG. 36 Company 3 Total Company Revenue 2015-2018 (USD Million)
FIG. 37 Company 3 Total Company Revenue, by Segment of Business 2015-2018 (USD Million, AGR %)
FIG. 38 Company 3 Total Company Revenue, by Region of Business 2015-2018 (USD Million, AGR %)
FIG. 39 Company 4. Company Net Sales 2015-2018 (USD Million, R & D Expenses %)
FIG. 40 Company 4. Company Net Sales, by Segment of Business 2015-2018 (USD Million, AGR %)
FIG. 41 Company 4. Company Net Sales, by Region 2015-2018 (USD Million, AGR %)
FIG. 42 Company 5 Total Company Revenue 2015-2018 (USD Million, R & D Expenses %)
FIG. 43 Company 5 Total Company Revenue, by Segment of Business 2015-2018 (USD Million, AGR %)
FIG. 44 Primary Research
FIG. 45 Sources of Secondary Research
FIG. 46 Forecast Model

List of Tables

TABLE 1 Global Aircraft MRO Market Overview
TABLE 2 Market Driver Impact Analysis
TABLE 3 Market Restraints Impact Analysis
TABLE 4 Global Aircraft MRO market Revenue (USD Billion), By Players2018
TABLE 5 Global Aircraft MRO market Revenue Market share (%), By Players- 2018
TABLE 6 Global Aircraft MRO Market Revenue (USD Billion), By Product Type, 2015 - 2025
TABLE 7 Global Aircraft MRO Market Revenue Share (%), By Product Type, 2015 - 2025
TABLE 8 Global Aircraft MRO Market Revenue (USD Billion), By Product Type, 2015 - 2025
TABLE 9 Global Aircraft MRO Market Revenue Share (%), By Product Type, 2015 - 2025
TABLE 10 Global Aircraft MRO Market Revenue (USD Billion), 2015 - 2025
TABLE 11 Global Aircraft MRO Market Revenue Share (%), By , 2015 - 2025
More …………...

Aircraft MRO Market Size, Share & Trends Analysis Report By Service Type (Engine Overhaul, Airframe Maintenance, Line Maintenance, Modification, Components), Organization Type (Airline/Operator MRO, Independent MRO, Original Equipment Manufacturer (OEM) MRO), Aircraft Type (Narrow-Body, Wide-Body, Regional Jet, Others) Based On Region, And Segment Forecasts, 2022 - 2028

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