Aerospace MRO Market, Global Outlook and Forecast 2023-2035
Air travel in emerging countries is growing, thus increasing the demand for aircraft MRO services. Many new MRO service centers have been setup in numerous countries in recently. This increases the participation of regional companies (tier-II or tier-III suppliers) in the field of aircraft MRO. Moreover, the growing international trade between countries have increased frequencies of cargo planes. Thus, it is essential to conduct timely checks and repairs on airplanes to ensure efficient performance and safe air travel. The market is driven by various factors such as increased focus of OEMs on aircraft MRO service and rapid aircraft fleet expansion.
This report aims to provide a comprehensive presentation of the global market for Aerospace MRO, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aerospace MRO. This report contains market size and forecasts of Aerospace MRO in global, including the following market information:
Global Aerospace MRO Market Revenue, 2018-2023, 2024-2035, ($ millions)
Global top five companies in 2022 (%)
The global Aerospace MRO market was valued at US$ 32700 million in 2022 and is projected to reach US$ 47090 million by 2035, at a CAGR of 5.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia had the largest share of the global aircraft MRO market in 2017.
We surveyed the Aerospace MRO companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aerospace MRO Market, by Type, 2018-2023, 2024-2035 ($ millions)
Global Aerospace MRO Market Segment Percentages, by Type, 2022 (%)
Engine
Component
Line Maintenance
Airframe
Modifications
Global Aerospace MRO Market, by Application, 2018-2023, 2024-2035 ($ millions)
Global Aerospace MRO Market Segment Percentages, by Application, 2022 (%)
Commercial Air Transport
Business and General Aviation
Military Aviation
Global Aerospace MRO Market, By Region and Country, 2018-2023, 2024-2035 ($ Millions)
Global Aerospace MRO Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Aerospace MRO revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Aerospace MRO revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Airbus
Air France KLM Engineering & Maintenance
Air Works
Delta TechOps
HAECO
Honeywell International
GMF AeroAsia
3M
Delta Airlines
AAR Corp
KLM UK Engineering Limited
Lufthansa Technik
MTU Aero Engines AG
MRO Aerospace
Jet Maintenance Solutions
ST Engineering
Outline of Major Chapters:
Chapter 1: Introduces the definition of Aerospace MRO, market overview.
Chapter 2: Global Aerospace MRO market size in revenue.
Chapter 3: Detailed analysis of Aerospace MRO company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Aerospace MRO in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
