Aircraft Maintenance, Repair and Overhaul (MRO) Services Market 2024-2029: Size, Demand, Growth Forecast – MarkNtel
Aircraft Maintenance, Repair and Overhaul (MRO) Services Market Overview
As per recent research by MarkNtel Advisors, the global Aircraft Maintenance, Repair and Overhaul (MRO) Services Market size in the year 2022 was around USD 78.9 billion and it is estimated to grow at a CAGR of around 7.32% during the forecast period, i.e., 2024-29.
Aircraft Maintenance, Repair and Overhaul (MRO) Services Market Dynamics
Market Drivers : Extensive Air Cargo Delivery & Air Travel Driving Market Growth –
Over the past few years, air traffic has consistently increased due to the surge in the transportation of goods via air and the rising tourism across the globe. Air cargo is crucial for perishable goods transportation like pharmaceuticals, seafood, vaccines, etc., since it provides timely delivery of these goods and ensures the preservation of the quality & shelf life of the goods.
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Aircraft Maintenance, Repair and Overhaul (MRO) Services Market Segmentation Overview 2024-2029: Key Factors
By Type of MRO
-Independent MRO- Market Size & Forecast 2019-2029F, USD Million
-Original Equipment Manufacturer (OEM) MRO- Market Size & Forecast 2019-2029F, USD Million
-Airline/Operator MRO- Market Size & Forecast 2019-2029F, USD Million
By Service Type
-Airframe Maintenance- Market Size & Forecast 2019-2029F, USD Million
-Engine Overhaul- Market Size & Forecast 2019-2029F, USD Million
-Modification- Market Size & Forecast 2019-2029F, USD Million
-Component repair & Maintenance- Market Size & Forecast 2019-2029F, USD Million
-Line Maintenance- Market Size & Forecast 2019-2029F, USD Million
By Type of Aircraft
-Commercial Aviation
-Narrow body Jet- Market Size & Forecast 2019-2029F, USD Million
-Widebody Jet- Market Size & Forecast 2019-2029F, USD Million
-Regional Jet- Market Size & Forecast 2019-2029F, USD Million
-Cargo- Market Size & Forecast 2019-2029F, USD Million
-General Aviation
-Single-Engine Piston Aircraft
-Twin-Engine Piston Aircraft
-Turboprop Aircraft
-Business Jets
-Amphibious Aircrafts
-Others (Rotorcraft, Aerobatic Aircraft, etc.)
-Military Aviation
-Fighter Aircraft
-Bomber Aircraft
-Reconnaissance Aircraft
-Special Mission Aircraft
-Others (Transport Aircraft, Trainer Aircraft, etc.)
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Aircraft Maintenance, Repair and Overhaul (MRO) Services Market Geographical Insights:
By Region:
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Key Players and Competitive Strategies in the Aircraft Maintenance, Repair and Overhaul (MRO) Services Market
Several prominent players dominate the Aircraft Maintenance, Repair and Overhaul (MRO) Services Market, including:
- Delta TechOps
- Lufthansa Technik AG
- Air France Industries KLM Engineering & Maintenance
- Hong Kong Aircraft Engineering Company Limited [HAECO]
- PT GMF Aeroasia TBK
- Avia Solutions Group PLC
- StandardAero
- Emirates Engineering
- Air India Engineering Services Ltd
- Others
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Questions Addressed in this Study
1.How big is the Aircraft Maintenance, Repair and Overhaul (MRO) Services Market Size?
2.What is the Aircraft Maintenance, Repair and Overhaul (MRO) Services Market Growth?
3.Who are the key players of the Aircraft Maintenance, Repair and Overhaul (MRO) Services Market?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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