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Home » Aerospace and Defense » Aircraft MRO Market Size & Forecast Report

Aircraft MRO Market By Service Type (Modification, Engine Overhaul, Components, Airframe Maintenance); By Organization Type (Operator/Airline MRO, Independent MRO, Original Equipment Manufacturer); By Aircraft Type (Wide-Body, Regional Jet, Narrow Body, Others); By Aircraft Generation (Mid Generation, Old Generation, New Generation); By Geography, Segment revenue estimation, Forecast, 2023-2030.

Published On: OCT-2023   |   Base Year: 2021   |   No Of Pages: 150   |   Historical Data: 2017-2020   |   Formats: PDF   |   Report ID: 97448451

The aircraft MRO market in 2023 was USD 82.94 Bn, and by 2030, it is expected to be worth USD 117.09 Bn, growing at a 5.05% CAGR during the forecast period. As passenger and cargo demand increases, airlines will require more frequent and comprehensive maintenance services for their fleets.

 

Aircraft Mro Market By Infographic

 

MRO is an acronym that stands for maintenance, repair, and overhaul. In the aviation industry, it is commonly used to refer to any major maintenance unit, which can be a part of an airline, an aircraft maintenance facility, or a military facility. 

 

MRO companies provide routine maintenance services, including inspections of engines and systems and resolving any issues that may arise. They ensure airplane parts comply with safety regulations by repairing and maintaining them. These companies keep thorough inventories and documentation related to airplane repairs. Their main objective is to guarantee that airplanes are reliable, efficient, and adhere to all relevant regulations.

 

The most recent developments include robotics, which can maintain difficult-to-reach aircraft parts, artificial intelligence for data processing, and 3D printing technology. The construction of more transparent and safe supply chains for aviation parts and components is another application of blockchain technology. It lowers the possibility of using defective parts in upkeep and repairs.

 

Additionally, the aviation consulting Oliver Wyman predicted in 2019 that in just ten years, MRO spending will reach over $115 billion. By 2030, the global aircraft fleet is predicted to exceed 39,000, driving the worldwide airplane maintenance & repair (MRO) market to over $130 billion in 10 years.

 

Many businesses, including Airbus, Boeing, GE Aviation, Honeywell Aerospace, Rolls-Royce, Lufthansa Technik, and Pratt & Whitney, are at the forefront of creating cutting-edge aircraft maintenance and repair technologies.

 

Aircraft Mro Market By Revenue

 

Drivers (Rising use of technologies like data analytics & predictive maintenance, outsourcing, and strict safety standards are stimulating the growth rate of aircraft MRO market.)

  • The need for MRO services has increased with the use of data analytics and predictive maintenance technologies, which decrease unplanned maintenance, increase efficiency, and save operating expenses. Predictive maintenance is a type of MRO that leverages data to prevent issues before they occur. Early detection of wear and tear in airplane parts is essential to avoid mishaps. The sensors used for digital twinning are also utilized in advanced stages of predictive maintenance. AI is then employed to further improve the situation. Predictive maintenance is a tool used by engineers to lower costs, increase safety, and minimize downtime. With the help of AI, the process of identifying necessary maintenance, repair, and overhaul tasks for each aircraft has been simplified. Engineers can now rely on AI to assess and determine when and what needs attention, rather than solely depending on a manual log or memory. This has resulted in a more streamlined and efficient maintenance process. Additionally, Predictive maintenance can cut maintenance costs and equipment downtime by up to 40% and 50%, respectively, according to a Deloitte analysis.

 

  • Airlines and aircraft operators can cut expenses and concentrate on their core business by outsourcing maintenance and repair (MRO) to specialist third-party providers. In the aviation sector, outsourcing maintenance, repair, and overhaul (MRO) services is a popular practice that provides airlines and aviation operators with a number of advantages, such as cost savings and the capacity to focus on their core business. A survey by Oliver Wyman states that the yearly value of the global MRO market is expected to exceed $80 billion. In the aviation sector, outsourcing MRO services has become more and more popular. Airlines are increasingly turning to outside vendors to handle their overhaul, repair, and maintenance requirements. Airlines can save money by outsourcing MRO services. A research conducted by ICF International found that outsourcing can help airlines save from 5% to 25% on maintenance expenses.

 

  • Strict safety and regulatory requirements mandate regular aircraft maintenance and inspections, leading to a high demand for MRO services. Safety is highly prioritized in the aviation sector. Airlines and aircraft operators must abide by strict safety standards imposed by regulatory bodies such as the European Union Aviation Safety Agency in Europe & the Federal Aviation Administration in the United States.

 

Restraints (High Costs, Low Margins: How Operating Expenses Hinder Aircraft MRO Growth)

The market for aircraft MRO is constrained by a number of factors, such as high operating costs, unstable economic conditions, an aging labor force, supply chain disruptions, quick technological advancements, restrictive environmental laws, regulatory obstacles, and technological difficulties. These limitations necessitate adjusting to shifting market dynamics and may have an influence on the expansion and profitability of MRO suppliers.

 

Opportunity (Specialist Takeoff: Evolving MRO Supply Chain Creates New Opportunities)

  • Technology will remain a significant factor in the aviation sector, and MRO businesses must stay abreast of new developments to be competitive. The field of 3D printing is already being used to manufacture airplane parts and is likely to see significant advancements in the future. In addition, the use of data analytics to improve productivity and identify issues early on is becoming increasingly important. Therefore, technological advancement in aircraft MRO will open up new growth opportunities in the future.

 

  • The MRO supply chain is anticipated to grow and alter as more specialty service providers enter the market. This trend is being driven by the increasing complexity of aviation systems and the demand for specialists in fields such as engines and avionics. In the aviation sector, the maintenance, repair, and operations (MRO) supply chain is a crucial procedure. It includes the procedures and frameworks that businesses employ to control the acquisition, holding, and distribution of products and services, as well as the facilities, infrastructure, and machinery involved. Supply chain management for maintenance, repair, and overhaul (MRO) aims to keep costs down and efficiency up while guaranteeing that the right supplies and services are accessible when needed.

 

  • MRO providers can benefit from opportunities related to servicing more environmentally friendly aircraft technologies as there is a growing focus on lowering emissions and enhancing fuel efficiency. To reduce emissions, the aviation industry is exploring the use of sustainable aviation fuels & biofuels, and MRO companies can modify aircraft engines to accommodate them safely. In comparison to conventional jet fuel, SAF has the potential to cut aviation's carbon emissions by 80%, Per the International Air Transport Association (IATA).

 

Aircraft Mro Market By Service Type

 

Navigating the Skies: Market Segmentation in the Aircraft MRO Industry

The market segmentation of aircraft MRO is done on the basis of organization type, service type, aircraft type, aircraft generation, and region. 

By Service Type

  • Modification

  • Engine Overhaul

  • Components

  • Airframe Maintenance

 

By Organization Type

  • Operator/Airline MRO

  • Independent MRO

  • Original Equipment Manufacturer

 

By Aircraft Type

  • Wide-Body

  • Regional Jet 

  • Narrow Body

  • Others

 

By Aircraft Generation 

  • Mid Generation

  • Old Generation 

  • New Generation

 

By Region (Taking Flight Across Borders: Exploring Regional Growth Opportunities in Aircraft MRO)

North America

  • Canada 

  • United States

 

Asia Pacific

  • China

  • South Korea

  • Japan

  • Indonesia

  • India

  • Australia

  • Rest of APAC

 

Europe  

  • France

  • U.K.

  • Italy

  • Germany

  • Spain

  • Rest of Europe

 

 

Middle East & Africa

  • UAE

  • Saudi Arabia

  • South Africa

  • Rest of the Middle East & Africa

 

Aircraft Mro Market By Region

 

On the basis of service type, the engine overhaul segment ruled the market with a significant revenue share of 41.36% in the year 2022. An engine is designed to withstand specific tolerances. An overhaul entails engine inspection, parts evaluation, repair, and replacement. Engine inspections and component evaluations significantly impact the lifespan of an aircraft and can help avoid future problems. A large increase in the resale value of an aircraft can be achieved with an engine overhaul. Furthermore, it has the potential to prolong the engine's useful life, hence improving flying efficiency and safety. 

 

On the basis of organization type, the independent MRO segment ruled the market. Independent maintenance providers have specialized in offering maintenance services for various types of aircraft. They work with qualified technicians who have a great deal of experience with particular aircraft models. They can provide targeted and effective maintenance solutions.

 

On the basis of aircraft type, the narrow body segment held the largest market share, and by 2030, it is expected to reach USD 59.24 billion. A narrow-body aircraft is a smaller form of aircraft that is frequently used for short-distance international and domestic flights. As few as four passengers or as many as three hundred can fly in a narrow-body airplane. The Boeing 757-300 has the maximum seating capacity for narrow-body aircraft (295 people), while wide-body aircraft may carry between 250 and 600 passengers. In the near future, Narrowbody aircraft will rule the market thanks to their superior efficiency, alluring cost savings, and positive environmental effects.

 

On the basis of aircraft generation, New-generation segment ruled the market with a significant revenue share. Next-generation aircraft (NGA) integrate new systems and technology needed to revolutionize commercial aviation and other aspects of the National Airspace System (NAS) transition. Examples of next-generation aircraft include the US Marine Corps' F-35B Lightning II and the Air Force's F-22A Raptor. Additionally, HAL is developing the Advanced Medium Combat Aircraft for the Indian Air Force and Navy. The fifth-generation stealthy aircraft is intended for multirole combat operations.

 

Regionally, Asia Pacific was the dominant market, with a revenue share of 34.75% in the year 2022. The market in Asia Pacific is experiencing significant growth due to the expansion of airlines in this region, and the corresponding increase in their fleets has resulted in a higher demand for MRO services. Additionally, the booming aviation industry in the Asia Pacific has further driven this demand. Furthermore, the region's aged aircraft need more frequent maintenance and overhauls. The demand for air travel is increasing because of the expansion of low-cost airlines and the growing middle class in Asia, supporting the MRO business. Furthermore, specialist maintenance knowledge is needed to adopt cutting-edge aviation technologies, especially those made by foreign manufacturers. Aging aircraft, more frequent travel, growing fleet size, and regional technical developments contribute to the overall growth of the Asia Pacific MRO market.

 

MRO Mavericks: Leading Players in the Competitive Aircraft Maintenance Market

  • Airbus SE

  • AAR Corp.

  • Delta Airlines, Inc. (Delta TechOps)

  • MTU Aero Engines AG

  • KLM U.K. Engineering Limited

  • Hong Kong Aircraft Engineering Company Limited

  • Singapore Technologies Engineering Ltd

  • Lufthansa Technik

  • Raytheon Technologies Corporation 

  • TAP Maintenance & Engineering

  • Bombardier Inc.

  • GE Aviation

  • Air-France Industries KLM Engineering & Maintenance

  • MTU Aero Engines AG

  • Triumph Group, Inc

  • Hong Kong Aircraft Engineering Co. Ltd

  • WESCO International, Inc.

  • Airgas, Inc. (Air Liquide S.A.)

  • Sonepar SA

  • Interline Brands, Inc.

  • W.W. Grainger, Inc.

  • Motion Industries

  • Abu Dhabi Aircraft Technologies

  • Greenwich Aero Group

  • Turkish Technic

 

The Future of Flight Maintenance: Exploring Recent Developments in Aircraft MRO

  • In October 2023, Amazon, the popular online retailer, has recently entered the aircraft maintenance industry by offering a professional training program for its employees. This program aims to provide interested employees with the skills and knowledge required to explore a career path in the Maintenance, Repair, and Overhaul (MRO) sector. The collaboration is a component of Amazon's Career Choice initiative, which allows staff members to gain new skills and pursue careers in-house or in other sectors.  

 

  • In June 2023, The state-owned Hindustan Aeronautics Limited (HAL) and Fabrica Argentina de Aviones (FAdeA) signed a MoU, marking a significant development during the ongoing Paris Air Show 2023. The purpose of the agreement is to handle any offset requirements that may emerge from the potential sale of HAL-made platforms in the Latin American (LATAM) region, as well as to investigate potential collaboration opportunities in the field of maintenance, repair, and overhaul (MRO). Like HAL, FAdeA is an Argentine-based state-owned aerospace business that reports to the Ministry of Defence administratively. The business is actively involved in the production, design, & maintenance of both military and commercial aircraft.

 

  • In June 2023, In order to extend its MRO services capabilities to LEAP-1A and LEAP-1B engines, Sanad, a global provider of aerospace engineering and leasing solutions, announced a historic partnership with GE Aerospace and Safran Aircraft Engines. These engines are highly fuel-efficient and power aircraft in the Boeing 737 MAX and Airbus A320neo families. With their higher fuel efficiency and lower CO2 emissions, the LEAP-1A and LEAP-1B engines are ideally suited to tackle the problem of decarbonizing aviation. By signing this deal, Sanad established itself as the first authorized LEAP MRO service provider in the SAMENA area. From its cutting-edge Abu Dhabi facility, Sanad supports the global LEAP MRO supply chain.

 

  • In May 2023, Triumph Group, Inc. and Moog Inc. signed a five-year contract to supply MRO (maintenance, repair, and overhaul) services for the cargo door actuation control systems and landing gear of Boeing 787 aircraft to an Asia Pacific operator with over 40 aircraft in operation. This will be done through the Moog Total Support Program (MTS). TRIUMPH Actuation Products & Services will carry out this work at its locations in Yakima, Washington, and Clemmons, North Carolina.

Frequently Asked Question About This Report

India is recognized as one of the fastest-growing countries in the Aircraft MRO market, driven by increasing air travel, expansion of airline fleets, and investments in MRO infrastructure and capabilities.

The aircraft MRO market, valued at USD 78.95 billion in 2022, is projected to grow at a CAGR of 5.05%. Its estimated market size is of USD 82.94 billion by 2023 and a further increase to USD 113.70 billion by 2030.

The independent MRO segment dominates due to its flexibility, cost-effectiveness, and specialized expertise in providing tailored maintenance solutions across diverse aircraft fleets.

In the Aircraft MRO (Maintenance, Repair, and Overhaul) industry, key trends include the adoption of predictive maintenance technologies leveraging AI and IoT for enhanced operational efficiency and reduced downtime. Furthermore, the industry is seeing increased outsourcing of MRO services, growth in specialized MRO facilities, and a rise in demand for fleet modernization and upgrades to comply with evolving regulatory standards and technological advancements.

On the basis of aircraft generation, New-generation segment ruled the market with a significant revenue share. Next-generation aircraft (NGA) integrate new systems and technology needed to revolutionize commercial aviation and other aspects of the National Airspace System (NAS) transition

On the basis of service type, the engine overhaul segment ruled the market with a significant revenue share of 41.45% in the year 2022. An overhaul entails engine inspection, parts evaluation, repair, and replacement. A large increase in the resale value of an aircraft can be achieved with an engine overhaul. Furthermore, it has the potential to prolong the engine useful life, hence improving flying efficiency and safety. 

On the basis of aircraft type, the narrow body segment held the largest market share, and by 2030, it is expected to reach USD 59.24 billion. A narrow-body aircraft is a smaller form of aircraft that is frequently used for short-distance international and domestic flights. In the near future, Narrowbody aircraft will rule the market thanks to their superior efficiency, alluring cost savings, and positive environmental effects.

Sources:

https://www.oliverwyman.com/our-expertise/insights/2023/feb/global-fleet-and-mro-market-forecast-2023-2033.html

https://www.aeroclass.org/mro-aviation

https://fluix.io/blog/aircraft-mro-trends-2022

https://www.tronair.com/resources/mro-aviation-business-models-101

https://skyaviationholdings.com/what-is-mro-in-aviation

https://www.reliableplant.com/Read/2210/increased-aircraft-mro-outsourcing-helps-drive-growth-

https://www.prnewswire.com/news-releases/triumph-and-moog-enter-into-787-mro-agreement-301820389.html

https://gulfnews.com/business/markets/sanad-inks-deal-with-ge-aerospace-safran-aircraft-to-expand-mro-service-1.96508939

https://www.baesystems.com/en-us/definition/what-is-next-generation-aircraft

https://aviationweek.com/mro/workforce-training/amazon-launches-aviation-maintenance-training-program

Table of Contents

1. EXECUTIVE SUMMARY
1.1. Market Attractiveness
1.2. Understanding the Target Customers
1.3. CXO perspective
1.4. Global Aircraft MRO Market, Historical Market Size & Future Projections Analysis
1.5. Global Aircraft MRO Market, By Service Type
1.6. Global Aircraft MRO Market, By Organization Type
1.7. Global Aircraft MRO Market, By Aircraft Type
1.8. Global Aircraft MRO Market, By Aircraft Generation
1.9. Global Aircraft MRO Market, By Region
2. MARKET SHARE ANALYSIS
2.1. Top 16 Players with Revenue and Sales Volume
2.2. Market Share, 2022
3. SALES VOLUME (UNITS), NUMBER OF PROCEDURES/NUMBER OF DEPLOYMENTS (UNITS), BY REGION
3.1. North America (United States, Canada)
3.2. Europe (UK, Germany, France, Netherlands, Italy, Spain, Benelux, Rest of Europe)
3.3. Asia Pacific (China, Japan, South Korea, India, Australia, Rest of APAC)
3.4. Rest of the World
4. INVESTMENT OPPORTUNITIES IN THE MARKET
4.1. On Going Market Developments
4.2. Merger & Acquisition Trends
4.3. Key Investment Opportunities
4.4. Most Potential Service Type Segments from a Growth and Investment Perspective
5. MARKET INTRODUCTION
5.1. Definition
5.2. Scope of the Study
5.3. Market Structure
5.4. Macro Factor Indicator Analysis
5.5. Key findings
5.5.1. Top investment pockets
6. RESEARCH METHODOLOGY
6.1. Research Process
6.2. Primary Research
6.3. Secondary Research
6.4. Market Size Estimation
6.5. Forecast Model
7. MARKET DYNAMICS
7.1. Introduction
7.2. Drivers
7.3. Restraints
7.4. Opportunities
7.5. Challenges
7.6. Covid-19 Impact Analysis
8. GLOBAL AIRCRAFT MRO MARKET ANALYSIS BY SEGMENT (REGION LEVEL ANALYSIS)
8.1. Overview
8.2. Global Aircraft MRO Historical Market Size ($MILLION), Sales Volume, (2017 – 2021)
8.3. Global Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027)
8.4. Global Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Service Type
8.4.1. Modification
8.4.2. Engine Overhaul
8.4.3. Components
8.4.4. Airframe Maintenance
8.5. Global Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Aircraft Type
8.5.1.  Wide-Body
8.5.2.  Regional Jet
8.5.3.  Narrow Body
8.5.4.  Others
8.6. Global Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Aircraft Generation
8.6.1. Mid Generation
8.6.2. Old Generation
8.6.3. New Generation
8.7. Global Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Geography
8.7.1. North America
8.7.2. Asia Pacific
8.7.3. Europe
8.7.4. Rest of the World
9. NORTH AMERICA AIRCRAFT MRO MARKET ANALYSIS
9.1. Overview
9.2. North America Aircraft MRO Historical Market Size ($MILLION), Sales Volume, (2017 – 2021)
9.3. North America Aircraft MRO Market Size ($MILLION), Sales Volume and Forecasts (2022 – 2027)
9.4. North America Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Service Type
9.4.1. Modification
9.4.2. Engine Overhaul
9.4.3. Components
9.4.4. Airframe Maintenance
9.5. North America Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Aircraft Type
9.5.1. Wide-Body
9.5.2.  Regional Jet
9.5.3.  Narrow Body
9.5.4.  Others
9.6. North America Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Aircraft Generation
9.6.1. Mid Generation
9.6.2. Old Generation
9.6.3. New Generation
9.6.4. Hospitals
9.6.5. Cosmetic Surgery Center
9.7. North America Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Geography
9.7.1. USA
9.7.1.1. California
9.7.1.2. Texas
9.7.1.3. Florida
9.7.1.4. Pennsylvania
9.7.1.5. Illinois
9.7.1.6. North Carolina
9.7.1.7. Rest of the U.S.
9.7.2. Canada
9.7.3. Rest of North America
10. EUROPE AIRCRAFT MRO MARKET ANALYSIS
10.1. Overview
10.2. Europe Aircraft MRO Historical Market Size ($MILLION), Sales Volume, (2017 – 2021)
10.3. Europe Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027)
10.4. Europe Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Service Type
10.4.1. Modification
10.4.2. Engine Overhaul
10.4.3. Components
10.4.4. Airframe Maintenance
10.5. Europe Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Aircraft Type
10.5.1. Wide-Body
10.5.2.  Regional Jet
10.5.3.  Narrow Body
10.5.4.  Others
10.6. Europe Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Patient
10.6.1. Geriatric
10.6.2. Pediatric
10.6.3. Adult   
10.7. Europe Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Aircraft Generation
10.7.1. Mid Generation
10.7.2. Old Generation
10.7.3. New Generation
10.7.4. Hospitals
10.7.5. Cosmetic Surgery Center
10.8. Europe Global Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Region
10.8.1. Germany
10.8.2. UK
10.8.3. France
10.8.4. Spain
10.8.5. Italy
10.8.6. Benelux
10.8.7. Rest of Europe
11. ASIA PACIFIC AIRCRAFT MRO MARKET ANALYSIS
11.1. Overview
11.2. Asia Pacific Aircraft MRO Historical Market Size ($MILLION), Sales Volume, (2017 – 2021)
11.3. Asia Pacific Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027)
11.4. Asia Pacific Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Service Type
11.4.1. Modification
11.4.2. Engine Overhaul
11.4.3. Components
11.4.4. Airframe Maintenance
11.5. Asia Pacific Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Aircraft Type
11.5.1. Wide-Body
11.5.2.  Regional Jet
11.5.3.  Narrow Body
11.5.4.  Others
11.6. Asia Pacific Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Patient
11.6.1. Geriatric
11.6.2. Pediatric
11.6.3. Adult   
11.7. Asia Pacific Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Aircraft Generation
11.7.1. Mid Generation
11.7.2. Old Generation
11.7.3. New Generation
11.7.4. Hospitals
11.7.5. Cosmetic Surgery Center
11.8. Asia Pacific Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Region
11.8.1. China
11.8.2. Japan
11.8.3. Korea
11.8.4. India
11.8.5. Australia
11.8.6. Rest of APAC
12. REST OF THE WORLD AIRCRAFT MRO MARKET ANALYSIS
12.1. Overview
12.2. Rest of the World Aircraft MRO Market Historical Market Size ($MILLION), Sales Volume, (2017 – 2021)
12.3. Rest of the World Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027)
12.4. Rest of the World Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Service Type
12.4.1. Modification
12.4.2. Engine Overhaul
12.4.3. Components
12.4.4. Airframe Maintenance
12.5. Rest of the World Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Aircraft Type
12.5.1. Wide-Body
12.5.2.  Regional Jet
12.5.3.  Narrow Body
12.5.4.  Others
12.6. Rest of the World Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Patient
12.6.1. Geriatric
12.6.2. Pediatric
12.6.3. Adult   
12.7. Rest of the World Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Aircraft Generation
12.7.1. Mid Generation
12.7.2. Old Generation
12.7.3. New Generation
12.7.4. Hospitals
12.7.5. Cosmetic Surgery Center
12.8. Rest of the World Aircraft MRO Market Size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Region
12.8.1. Latin America
12.8.2. Middle East
12.8.3. Africa   
13. COMPANY PROFILES
13.1. AIRBUS SE
13.1.1. Company Overview  
13.1.2. Company Snapshot  
13.1.3. Operating business segments
13.1.4. Service Type offered and Revenue from Aircraft MRO Business
13.1.5. Key business performances, strategies and developments
13.2. AAR CORP.
13.2.1. Company Overview  
13.2.2. Company Snapshot  
13.2.3. Operating business segments
13.2.4. Service Type offered and Revenue from Aircraft MRO Business
13.2.5. Key business performances, strategies and developments
13.3. DELTA AIRLINES, INC. (DELTA TECHOPS)
13.3.1. Company Overview
13.3.2. Company Snapshot
13.3.3. Operating business segments
13.3.4. Service Type offered and Revenue from Aircraft MRO Business
13.3.5. Key business performances, strategies and developments
13.4.  MTU AERO ENGINES AG
13.4.1. Company Overview
13.4.2. Company Snapshot
13.4.3. Operating business segments
13.4.4. Service Type offered and Revenue from Aircraft MRO Business
13.4.5. Key business performances, strategies and developments
13.5. KLM U.K. ENGINEERING LIMITED
13.5.1. Company Overview
13.5.2. Company Snapshot
13.5.3. Operating business segments
13.5.4. Service Type offered and Revenue from Aircraft MRO Business
13.5.5. Key business performances, strategies and developments
13.6. HONG KONG AIRCRAFT ENGINEERING COMPANY LIMITED
13.6.1. Company Overview
13.6.2. Company Snapshot
13.6.3. Operating business segments
13.6.4. Service Type offered and Revenue from Aircraft MRO Business
13.6.5. Key business performances, strategies and developments
13.7. SINGAPORE TECHNOLOGIES ENGINEERING LTD
13.7.1. Company Overview
13.7.2. Company Snapshot
13.7.3. Operating business segments
13.7.4. Service Type offered and Revenue from Aircraft MRO Business
13.7.5. Key business performances, strategies and developments
13.8. LUFTHANSA TECHNIK
13.8.1. Company Overview
13.8.2. Company Snapshot
13.8.3. Operating business segments
13.8.4. Service Type offered and Revenue from Aircraft MRO Business
13.8.5. Key business performances, strategies and developments
13.9. RAYTHEON TECHNOLOGIES CORPORATION
13.9.1. Company Overview
13.9.2. Company Snapshot
13.9.3. Operating business segments
13.9.4. Service Type offered and Revenue from Aircraft MRO Business
13.9.5. Key business performances, strategies and developments
13.10. TAP MAINTENANCE & ENGINEERING
13.10.1. Company Overview
13.10.2. Company Snapshot
13.10.3. Operating business segments
13.10.4. Service Type offered and Revenue from Aircraft MRO Business
13.10.5. Key business performances, strategies and developments
13.11. BOMBARDIER INC.
13.11.1. Company Overview
13.11.2. Company Snapshot
13.11.3. Operating business segments
13.11.4. Service Type offered and Revenue from Aircraft MRO Business
13.11.5. Key business performances, strategies and developments
13.12. GE AVIATION
13.12.1. Company Overview
13.12.2. Company Snapshot
13.12.3. Operating business segments
13.12.4. Service Type offered and Revenue from Aircraft MRO Business
13.12.5. Key business performances, strategies and developments
13.13. AIR-FRANCE INDUSTRIES KLM ENGINEERING & MAINTENANCE
13.13.1. Company Overview
13.13.2. Company Snapshot
13.13.3. Operating business segments
13.13.4. Service Type offered and Revenue from Aircraft MRO Business
13.13.5. Key business performances, strategies and developments
13.14. MTU AERO ENGINES AG
13.14.1. Company Overview
13.14.2. Company Snapshot
13.14.3. Operating business segments
13.14.4. Service Type offered and Revenue from Aircraft MRO Business
13.14.5. Key business performances, strategies and developments
13.15. TRIUMPH GROUP, INC
13.15.1. Company Overview
13.15.2. Company Snapshot
13.15.3. Operating business segments
13.15.4. Service Type offered and Revenue from Aircraft MRO Business
13.15.5. Key business performances, strategies and developments
13.16. Hong Kong Aircraft Engineering Co. Ltd
13.16.1. Company Overview
13.16.2. Company Snapshot
13.16.3. Operating business segments
13.16.4. Service Type offered and Revenue from Aircraft MRO Business
13.16.5. Key business performances, strategies and developments
13.17. Other Market Players

 

LIST OF TABLES
1. TABLE: MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
2. TABLE: MARKET FOR Modification, BY REGION, 2022-2027 (USD MILLION)
3. TABLE: MARKET FOR Engine Overhaul, BY REGION, 2022-2027 (USD MILLION)
4. TABLE: MARKET FOR COMPONENTS, BY REGION, 2022-2027 (USD MILLION)
5. TABLE: MARKET FOR AIRFRAME MAINTENANCE, BY REGION, 2022-2027 (USD MILLION)
6. TABLE: MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)
7. TABLE: MARKET FOR Wide-BodyBY REGION, 2022-2027 (USD MILLION)
8. TABLE: MARKET FOR Regional Jet, BY REGION, 2022-2027 (USD MILLION)
9. TABLE: MARKET FOR Narrow Body, BY REGION, 2022-2027 (USD MILLION)
10. TABLE: MARKET FOR OTHERS, BY REGION, 2022-2027 (USD MILLION)
11. TABLE: MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
12. TABLE: MARKET FOR MID GENERATION, BY REGION, 2022-2027 (USD MILLION)
13. TABLE: MARKET FOR OLD GENERATION BY REGION, 2022-2027 (USD MILLION)
14. TABLE: MARKET FOR NEW GENERATION, BY REGION, 2022-2027 (USD MILLION)
15. TABLE: MARKET, BY REGION, 2022-2027 (USD MILLION)
16. TABLE: NORTH AMERICA MARKET, BY REGION, 2022-2027 (USD MILLION)
17. TABLE: NORTH AMERICA MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
18. TABLE: NORTH AMERICA MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)
19. TABLE: NORTH AMERICA MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
20. TABLE: USA MARKET BY SERVICE TYPE, 2022-2027 (USD MILLION)
21. TABLE: USA MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)
22. TABLE: USA MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
23. TABLE: CALIFORNIA MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
24. TABLE: CALIFORNIA MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)
25. TABLE: CALIFORNIA MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
26. TABLE: TEXAS MARKET BY SERVICE TYPE, 2022-2027 (USD MILLION)
27. TABLE: TEXAS MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)
28. TABLE: TEXAS MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
29. TABLE: FLORIDA MARKET BY SERVICE TYPE, 2022-2027 (USD MILLION)
30. TABLE: FLORIDA MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)
31. TABLE: FLORIDA MARKET, BY PATIENT, 2022-2027 (USD MILLION)
32. TABLE: FLORIDA MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
33. TABLE: CANADA MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
34. TABLE: CANADA MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)
35. TABLE: CANADA MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
36. TABLE: MEXICO MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
37. TABLE: MEXICO MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)  
38. TABLE: MEXICO MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
39. TABLE: REST OF NORTH AMERICA MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
40. TABLE: REST OF NORTH AMERICA MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)    
41. TABLE: REST OF NORTH AMERICA MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
42. TABLE: EUROPE MARKET, BY REGION, 2022-2027 (USD MILLION)
43. TABLE: EUROPE MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
44. TABLE: EUROPE MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)     
45. TABLE: EUROPE MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
46. TABLE: GERMANY MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
47. TABLE: GERMANY MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)     
48. TABLE: GERMANY MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
49. TABLE: FRANCE MARKET, BY FIXTURES, 2022-2027 (USD MILLION)
50. TABLE: FRANCE MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)       
51. TABLE: FRANCE MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
52. TABLE: UK MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
53. TABLE: UK MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)          
54. TABLE: UK MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
55. TABLE: ITALY MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
56. TABLE: ITALY MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)      
57. TABLE: ITALY MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)  
58. TABLE: SPAIN MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
59. TABLE: SPAIN MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)       
60. TABLE: SPAIN MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
61. TABLE: REST OF EUROPE MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
62. TABLE: REST OF EUROPE MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)          
63. TABLE: REST OF EUROPE MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
64. TABLE: ASIA PACIFIC MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
65. TABLE: ASIA PACIFIC MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)          
66. TABLE: ASIA PACIFIC MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)   
67. TABLE: CHINA MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
68. TABLE: CHINA MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)          
69. TABLE: CHINA MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
70. TABLE: INDIA MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
71. TABLE: INDIA MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)           
72. TABLE: INDIA MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
73. TABLE: JAPAN MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
74. TABLE: JAPAN MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)           
75. TABLE: JAPAN MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
76. TABLE: KOREA MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
77. TABLE: KOREA MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)           
78. TABLE: KOREA MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
79. TABLE: AUSTRALIA MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
80. TABLE: AUSTRALIA MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)           
81. TABLE: AUSTRALIA MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
82. TABLE: REST OF ASIA PACIFIC MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
83. TABLE: REST OF ASIA PACIFIC MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)           
84. TABLE: REST OF ASIA PACIFIC MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
85. TABLE: REST OF THE WORLD MARKET, BY SERVICE TYPE, 2022-2027 (USD MILLION)
86. TABLE: REST OF THE WORLD MARKET, BY AIRCRAFT TYPE, 2022-2027 (USD MILLION)           
87. TABLE: REST OF THE WORLD MARKET, BY AIRCRAFT GENERATION, 2022-2027 (USD MILLION)
88. TABLE: AIRBUS SE COMPANY SNAPSHOT
89. TABLE: AIRBUS SE OPERATING SEGMENTS
90. TABLE: AAR CORP.: COMPANY SNAPSHOT
91. TABLE: AAR CORP.: OPERATING SEGMENTS
92. TABLE: DELTA AIRLINES, INC. (DELTA TECHOPS): COMPANY SNAPSHOT
93. TABLE: DELTA AIRLINES, INC. (DELTA TECHOPS): OPERATING SEGMENTS
94. TABLE: MTU AERO ENGINES AG: COMPANY SNAPSHOT
95. TABLE: MTU AERO ENGINES AG: OPERATING SEGMENTS
96. TABLE: KLM U.K. ENGINEERING LIMITED: COMPANY SNAPSHOT
97. TABLE: KLM U.K. ENGINEERING LIMITED: OPERATING SEGMENTS
98. TABLE: HONG KONG AIRCRAFT ENGINEERING COMPANY LIMITED: COMPANY SNAPSHOT
99. TABLE: HONG KONG AIRCRAFT ENGINEERING COMPANY LIMITED: OPERATING SEGMENTS
100. TABLE: SINGAPORE TECHNOLOGIES ENGINEERING LTD: COMPANY SNAPSHOT
101. TABLE: SINGAPORE TECHNOLOGIES ENGINEERING LTD: OPERATING SEGMENTS
102. TABLE: RAYTHEON TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT
103. TABLE: RAYTHEON TECHNOLOGIES CORPORATION: OPERATING SEGMENTS
104. TABLE: TAP MAINTENANCE & ENGINEERING: COMPANY SNAPSHOT
105. TABLE: TAP MAINTENANCE & ENGINEERING: OPERATING SEGMENTS
106. TABLE: BOMBARDIER INC.: COMPANY SNAPSHOT
107. TABLE: BOMBARDIER INC.: OPERATING SEGMENTS
108. TABLE: GE AVIATION: COMPANY SNAPSHOT
109. TABLE: GE AVIATION: OPERATING SEGMENTS
110. TABLE: AIR-FRANCE INDUSTRIES KLM ENGINEERING & MAINTENANCE: COMPANY SNAPSHOT
111. TABLE: AIR-FRANCE INDUSTRIES KLM ENGINEERING & MAINTENANCE: OPERATING SEGMENTS
112. TABLE: MTU AERO ENGINES AG: COMPANY SNAPSHOT
113. TABLE: MTU AERO ENGINES AG: OPERATING SEGMENTS
114. TABLE: TRIUMPH GROUP, INC: COMPANY SNAPSHOT
115. TABLE: TRIUMPH GROUP, INC: OPERATING SEGMENTS
116. TABLE: HONG KONG AIRCRAFT ENGINEERING CO. LTD.: COMPANY SNAPSHOT
117. TABLE: HONG KONG AIRCRAFT ENGINEERING CO. LTD.: OPERATING SEGMENTS


LIST OF FIGURES
1. Figure: Market: Research Methodology Steps
2. Figure: Research Design
3. Figure: Breakdown of Primaries: Market
4. Figure: Research Methodology: Hypothesis Building
5. Figure: Market: Service Type and Service-Based Estimation
6. Figure: Top 16 Companies with Highest No. Of Patent in Last 9 Years
7. Figure: Growth Strategies Adopted by the Key Players
8. Figure: Top 16 Companies with Highest No. Of Patent in Last 9 Years
9. Figure: Growth Strategies Adopted by the Key Players
10. Figure: No. of Patents Granted Per Year, 2022–2027
11. Figure: Data Triangulation Methodology
12. Figure: Dominating Market Share, By Service Type, 2022 vs. 2027 (USD MILLION)
13. Figure: Dominating Market Share, By Aircraft Type, 2022 vs. 2027 (USD MILLION)
14. Figure: Dominating Market Share, By Aircraft Generation, 2022 vs. 2027 (USD MILLION)
15. Figure: Geographical Snapshot of the Market
16. Figure: Engine Overhaul to Witness Higher CAGR in the Market for Service Type Segment during the Forecast Period.
17. Figure: Asia Pacific Accounted for the Largest Share of the Market, By Regional Basis, in 2022
18. Figure: Market: Drivers, Restraints, Opportunities, and Challenges
19. Figure: North America: Market Snapshot
20. Figure: Asia Pacific: Market Snapshot
21. Figure: Europe: Market Snapshot
22. Figure: Rest of the World: Market Snapshot
23. Figure: Vendor Dive: Evaluation Overview
24. Figure: Global Aircraft MRO: Competitive Benchmarking  
25. Figure: AIRBUS SE Financial Overview (2022-2027)
26. Figure: AAR CORP.: Financial Overview (2022-2027)  
27. Figure: DELTA AIRLINES, INC. (DELTA TECHOPS): Financial Overview (2022-2027)  
28. Figure: MTU AERO ENGINES AG: Financial Overview (2022-2027)  
29. Figure: KLM U.K. ENGINEERING LIMITED: Financial Overview (2022-2027)
30. Figure: HONG KONG AIRCRAFT ENGINEERING COMPANY LIMITED: Financial Overview (2022-2027)
31. Figure: SINGAPORE TECHNOLOGIES ENGINEERING LTD: Financial Overview (2022-2027)
32. Figure: RAYTHEON TECHNOLOGIES CORPORATION: Financial Overview (2022-2027)
33. Figure: TAP MAINTENANCE & ENGINEERING: Financial Overview (2022-2027)
34. Figure: BOMBARDIER INC.: Financial Overview (2022-2027)
35. Figure: LUFTHANSA TECHNIK: Financial Overview (2022-2027)
36. Figure: GE AVIATION: Financial Overview (2022-2027)
37. Figure: AIR-FRANCE INDUSTRIES KLM ENGINEERING & MAINTENANCE: Financial Overview (2022-2027)
38. Figure: MTU AERO ENGINES AG: Financial Overview (2022-2027)
39. Figure: TRIUMPH GROUP, INC: Financial Overview (2022-2027)
40. Figure: Hong Kong Aircraft Engineering Co. Ltd.: Financial Overview (2022-2027)