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Aircraft Maintenance, Repair and Overhaul (MRO)-Global Market Insights and Sales Trends 2024
Synopsis
Aircraft maintenance is the overhaul, repair, inspection or modification of an aircraft or aircraft component. Maintenance may include such tasks as ensuring compliance with Airworthiness Directives or Service Bulletins.
The global Aircraft Maintenance, Repair and Overhaul (MRO) market size is expected to reach US$ 58540 million by 2029, growing at a CAGR of 3.2% from 2023 to 2029. The market is mainly driven by the significant applications of Aircraft Maintenance, Repair and Overhaul (MRO) in various end use industries. The expanding demands from the Commercial Aircraft and Military Aircraft, are propelling Aircraft Maintenance, Repair and Overhaul (MRO) market. Engine, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Line segment is estimated at % CAGR for the next seven-year period.
Different MROs have introduced improvement processes to enhance aircraft efficiency and several are using new technological systems to gain additional upgrades and prepare for the bigger data requirements of next-generation aircraft.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Aircraft Maintenance, Repair and Overhaul (MRO), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Aircraft Maintenance, Repair and Overhaul (MRO) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Aircraft Maintenance, Repair and Overhaul (MRO) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Aircraft Maintenance, Repair and Overhaul (MRO) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Aircraft Maintenance, Repair and Overhaul (MRO) covered in this report include Aar Corporation, Turkish Technik AG, Sabena Technics, Aviation Technical Service, Delta TechOps (delta Corporation ltd), Singapore Technologies Aerospace Ltd, Air France Industries, Aeroman and United Technologies Corporation, etc.
The global Aircraft Maintenance, Repair and Overhaul (MRO) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Aar Corporation
Turkish Technik AG
Sabena Technics
Aviation Technical Service
Delta TechOps (delta Corporation ltd)
Singapore Technologies Aerospace Ltd
Air France Industries
Aeroman
United Technologies Corporation
Mexicana MRO Services
LufthansaTechnik
SR Technics
Ameco
TAECO
GAMECO
Global Aircraft Maintenance, Repair and Overhaul (MRO) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Aircraft Maintenance, Repair and Overhaul (MRO) market, Segment by Type:
Engine
Line
Airframe
Other Components
Global Aircraft Maintenance, Repair and Overhaul (MRO) market, by Application
Commercial Aircraft
Military Aircraft
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Aircraft Maintenance, Repair and Overhaul (MRO) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Aircraft maintenance is the overhaul, repair, inspection or modification of an aircraft or aircraft component. Maintenance may include such tasks as ensuring compliance with Airworthiness Directives or Service Bulletins.
The global Aircraft Maintenance, Repair and Overhaul (MRO) market size is expected to reach US$ 58540 million by 2029, growing at a CAGR of 3.2% from 2023 to 2029. The market is mainly driven by the significant applications of Aircraft Maintenance, Repair and Overhaul (MRO) in various end use industries. The expanding demands from the Commercial Aircraft and Military Aircraft, are propelling Aircraft Maintenance, Repair and Overhaul (MRO) market. Engine, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Line segment is estimated at % CAGR for the next seven-year period.
Different MROs have introduced improvement processes to enhance aircraft efficiency and several are using new technological systems to gain additional upgrades and prepare for the bigger data requirements of next-generation aircraft.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Aircraft Maintenance, Repair and Overhaul (MRO), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Aircraft Maintenance, Repair and Overhaul (MRO) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Aircraft Maintenance, Repair and Overhaul (MRO) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Aircraft Maintenance, Repair and Overhaul (MRO) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Aircraft Maintenance, Repair and Overhaul (MRO) covered in this report include Aar Corporation, Turkish Technik AG, Sabena Technics, Aviation Technical Service, Delta TechOps (delta Corporation ltd), Singapore Technologies Aerospace Ltd, Air France Industries, Aeroman and United Technologies Corporation, etc.
The global Aircraft Maintenance, Repair and Overhaul (MRO) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Aar Corporation
Turkish Technik AG
Sabena Technics
Aviation Technical Service
Delta TechOps (delta Corporation ltd)
Singapore Technologies Aerospace Ltd
Air France Industries
Aeroman
United Technologies Corporation
Mexicana MRO Services
LufthansaTechnik
SR Technics
Ameco
TAECO
GAMECO
Global Aircraft Maintenance, Repair and Overhaul (MRO) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Aircraft Maintenance, Repair and Overhaul (MRO) market, Segment by Type:
Engine
Line
Airframe
Other Components
Global Aircraft Maintenance, Repair and Overhaul (MRO) market, by Application
Commercial Aircraft
Military Aircraft
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Aircraft Maintenance, Repair and Overhaul (MRO) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Aircraft Maintenance, Repair and Overhaul (MRO)
1.1 Aircraft Maintenance, Repair and Overhaul (MRO) Market Overview
1.1.1 Aircraft Maintenance, Repair and Overhaul (MRO) Product Scope
1.1.2 Aircraft Maintenance, Repair and Overhaul (MRO) Market Status and Outlook
1.2 Global Aircraft Maintenance, Repair and Overhaul (MRO) Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Aircraft Maintenance, Repair and Overhaul (MRO) Market Size by Region (2018-2029)
1.4 Global Aircraft Maintenance, Repair and Overhaul (MRO) Historic Market Size by Region (2018-2023)
1.5 Global Aircraft Maintenance, Repair and Overhaul (MRO) Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Aircraft Maintenance, Repair and Overhaul (MRO) Market Size (2018-2029)
1.6.1 North America Aircraft Maintenance, Repair and Overhaul (MRO) Market Size (2018-2029)
1.6.2 Europe Aircraft Maintenance, Repair and Overhaul (MRO) Market Size (2018-2029)
1.6.3 Asia-Pacific Aircraft Maintenance, Repair and Overhaul (MRO) Market Size (2018-2029)
1.6.4 Latin America Aircraft Maintenance, Repair and Overhaul (MRO) Market Size (2018-2029)
1.6.5 Middle East & Africa Aircraft Maintenance, Repair and Overhaul (MRO) Market Size (2018-2029)
2 Aircraft Maintenance, Repair and Overhaul (MRO) Market by Type
2.1 Introduction
2.1.1 Engine
2.1.2 Line
2.1.3 Airframe
2.1.4 Other Components
2.2 Global Aircraft Maintenance, Repair and Overhaul (MRO) Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Aircraft Maintenance, Repair and Overhaul (MRO) Historic Market Size by Type (2018-2023)
2.2.2 Global Aircraft Maintenance, Repair and Overhaul (MRO) Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Aircraft Maintenance, Repair and Overhaul (MRO) Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Aircraft Maintenance, Repair and Overhaul (MRO) Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Aircraft Maintenance, Repair and Overhaul (MRO) Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Aircraft Maintenance, Repair and Overhaul (MRO) Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Aircraft Maintenance, Repair and Overhaul (MRO) Revenue Breakdown by Type (2018-2029)
3 Aircraft Maintenance, Repair and Overhaul (MRO) Market Overview by Application
3.1 Introduction
3.1.1 Commercial Aircraft
3.1.2 Military Aircraft
3.2 Global Aircraft Maintenance, Repair and Overhaul (MRO) Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Aircraft Maintenance, Repair and Overhaul (MRO) Historic Market Size by Application (2018-2023)
3.2.2 Global Aircraft Maintenance, Repair and Overhaul (MRO) Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Aircraft Maintenance, Repair and Overhaul (MRO) Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Aircraft Maintenance, Repair and Overhaul (MRO) Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Aircraft Maintenance, Repair and Overhaul (MRO) Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Aircraft Maintenance, Repair and Overhaul (MRO) Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Aircraft Maintenance, Repair and Overhaul (MRO) Revenue Breakdown by Application (2018-2029)
4 Aircraft Maintenance, Repair and Overhaul (MRO) Competition Analysis by Players
4.1 Global Aircraft Maintenance, Repair and Overhaul (MRO) Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Aircraft Maintenance, Repair and Overhaul (MRO) as of 2022)
4.3 Date of Key Players Enter into Aircraft Maintenance, Repair and Overhaul (MRO) Market
4.4 Global Top Players Aircraft Maintenance, Repair and Overhaul (MRO) Headquarters and Area Served
4.5 Key Players Aircraft Maintenance, Repair and Overhaul (MRO) Product Solution and Service
4.6 Competitive Status
4.6.1 Aircraft Maintenance, Repair and Overhaul (MRO) Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Aar Corporation
5.1.1 Aar Corporation Profile
5.1.2 Aar Corporation Main Business
5.1.3 Aar Corporation Aircraft Maintenance, Repair and Overhaul (MRO) Products, Services and Solutions
5.1.4 Aar Corporation Aircraft Maintenance, Repair and Overhaul (MRO) Revenue (US$ Million) & (2018-2023)
5.1.5 Aar Corporation Recent Developments
5.2 Turkish Technik AG
5.2.1 Turkish Technik AG Profile
5.2.2 Turkish Technik AG Main Business
5.2.3 Turkish Technik AG Aircraft Maintenance, Repair and Overhaul (MRO) Products, Services and Solutions
5.2.4 Turkish Technik AG Aircraft Maintenance, Repair and Overhaul (MRO) Revenue (US$ Million) & (2018-2023)
5.2.5 Turkish Technik AG Recent Developments
5.3 Sabena Technics
5.3.1 Sabena Technics Profile
5.3.2 Sabena Technics Main Business
5.3.3 Sabena Technics Aircraft Maintenance, Repair and Overhaul (MRO) Products, Services and Solutions
5.3.4 Sabena Technics Aircraft Maintenance, Repair and Overhaul (MRO) Revenue (US$ Million) & (2018-2023)
5.3.5 Aviation Technical Service Recent Developments
5.4 Aviation Technical Service
5.4.1 Aviation Technical Service Profile
5.4.2 Aviation Technical Service Main Business
5.4.3 Aviation Technical Service Aircraft Maintenance, Repair and Overhaul (MRO) Products, Services and Solutions
5.4.4 Aviation Technical Service Aircraft Maintenance, Repair and Overhaul (MRO) Revenue (US$ Million) & (2018-2023)
5.4.5 Aviation Technical Service Recent Developments
5.5 Delta TechOps (delta Corporation ltd)
5.5.1 Delta TechOps (delta Corporation ltd) Profile
5.5.2 Delta TechOps (delta Corporation ltd) Main Business
5.5.3 Delta TechOps (delta Corporation ltd) Aircraft Maintenance, Repair and Overhaul (MRO) Products, Services and Solutions
5.5.4 Delta TechOps (delta Corporation ltd) Aircraft Maintenance, Repair and Overhaul (MRO) Revenue (US$ Million) & (2018-2023)
5.5.5 Delta TechOps (delta Corporation ltd) Recent Developments
5.6 Singapore Technologies Aerospace Ltd
5.6.1 Singapore Technologies Aerospace Ltd Profile
5.6.2 Singapore Technologies Aerospace Ltd Main Business
5.6.3 Singapore Technologies Aerospace Ltd Aircraft Maintenance, Repair and Overhaul (MRO) Products, Services and Solutions
5.6.4 Singapore Technologies Aerospace Ltd Aircraft Maintenance, Repair and Overhaul (MRO) Revenue (US$ Million) & (2018-2023)
5.6.5 Singapore Technologies Aerospace Ltd Recent Developments
5.7 Air France Industries
5.7.1 Air France Industries Profile
5.7.2 Air France Industries Main Business
5.7.3 Air France Industries Aircraft Maintenance, Repair and Overhaul (MRO) Products, Services and Solutions
5.7.4 Air France Industries Aircraft Maintenance, Repair and Overhaul (MRO) Revenue (US$ Million) & (2018-2023)
5.7.5 Air France Industries Recent Developments
5.8 Aeroman
5.8.1 Aeroman Profile
5.8.2 Aeroman Main Business
5.8.3 Aeroman Aircraft Maintenance, Repair and Overhaul (MRO) Products, Services and Solutions
5.8.4 Aeroman Aircraft Maintenance, Repair and Overhaul (MRO) Revenue (US$ Million) & (2018-2023)
5.8.5 Aeroman Recent Developments
5.9 United Technologies Corporation
5.9.1 United Technologies Corporation Profile
5.9.2 United Technologies Corporation Main Business
5.9.3 United Technologies Corporation Aircraft Maintenance, Repair and Overhaul (MRO) Products, Services and Solutions
5.9.4 United Technologies Corporation Aircraft Maintenance, Repair and Overhaul (MRO) Revenue (US$ Million) & (2018-2023)
5.9.5 United Technologies Corporation Recent Developments
5.10 Mexicana MRO Services
5.10.1 Mexicana MRO Services Profile
5.10.2 Mexicana MRO Services Main Business
5.10.3 Mexicana MRO Services Aircraft Maintenance, Repair and Overhaul (MRO) Products, Services and Solutions
5.10.4 Mexicana MRO Services Aircraft Maintenance, Repair and Overhaul (MRO) Revenue (US$ Million) & (2018-2023)
5.10.5 Mexicana MRO Services Recent Developments
5.11 LufthansaTechnik
5.11.1 LufthansaTechnik Profile
5.11.2 LufthansaTechnik Main Business
5.11.3 LufthansaTechnik Aircraft Maintenance, Repair and Overhaul (MRO) Products, Services and Solutions
5.11.4 LufthansaTechnik Aircraft Maintenance, Repair and Overhaul (MRO) Revenue (US$ Million) & (2018-2023)
5.11.5 LufthansaTechnik Recent Developments
5.12 SR Technics
5.12.1 SR Technics Profile
5.12.2 SR Technics Main Business
5.12.3 SR Technics Aircraft Maintenance, Repair and Overhaul (MRO) Products, Services and Solutions
5.12.4 SR Technics Aircraft Maintenance, Repair and Overhaul (MRO) Revenue (US$ Million) & (2018-2023)
5.12.5 SR Technics Recent Developments
5.13 Ameco
5.13.1 Ameco Profile
5.13.2 Ameco Main Business
5.13.3 Ameco Aircraft Maintenance, Repair and Overhaul (MRO) Products, Services and Solutions
5.13.4 Ameco Aircraft Maintenance, Repair and Overhaul (MRO) Revenue (US$ Million) & (2018-2023)
5.13.5 Ameco Recent Developments
5.14 TAECO
5.14.1 TAECO Profile
5.14.2 TAECO Main Business
5.14.3 TAECO Aircraft Maintenance, Repair and Overhaul (MRO) Products, Services and Solutions
5.14.4 TAECO Aircraft Maintenance, Repair and Overhaul (MRO) Revenue (US$ Million) & (2018-2023)
5.14.5 TAECO Recent Developments
5.15 GAMECO
5.15.1 GAMECO Profile
5.15.2 GAMECO Main Business
5.15.3 GAMECO Aircraft Maintenance, Repair and Overhaul (MRO) Products, Services and Solutions
5.15.4 GAMECO Aircraft Maintenance, Repair and Overhaul (MRO) Revenue (US$ Million) & (2018-2023)
5.15.5 GAMECO Recent Developments
6 North America
6.1 North America Aircraft Maintenance, Repair and Overhaul (MRO) Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Aircraft Maintenance, Repair and Overhaul (MRO) Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Aircraft Maintenance, Repair and Overhaul (MRO) Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Aircraft Maintenance, Repair and Overhaul (MRO) Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Aircraft Maintenance, Repair and Overhaul (MRO) Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Aircraft Maintenance, Repair and Overhaul (MRO) Market Dynamics
11.1 Aircraft Maintenance, Repair and Overhaul (MRO) Industry Trends
11.2 Aircraft Maintenance, Repair and Overhaul (MRO) Market Drivers
11.3 Aircraft Maintenance, Repair and Overhaul (MRO) Market Challenges
11.4 Aircraft Maintenance, Repair and Overhaul (MRO) Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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