Aerospace & Defense MRO Market by Product (Airframe, Component, Engine), Service Provider (Airline Third Party, Independent, OEM), Aircraft, Application, End-use - Global Forecast 2024-2030
The Aerospace & Defense MRO Market size was estimated at USD 49.12 billion in 2023 and expected to reach USD 54.00 billion in 2024, at a CAGR 10.67% to reach USD 99.93 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Aerospace & Defense MRO Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Aerospace & Defense MRO Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Aerospace & Defense MRO Market, highlighting leading vendors and their innovative profiles. These include AAR CORP., Air France–KLM, Airbus SAS, AMETEK.Inc., AVIA SOLUTIONS GROUP (ASG) PLC, Aviation Technical Services, BAE Systems PLC, Barnes Group Inc., Boeing Company, Delta Air Lines, Inc., General Dynamics Corporation, Henkel AG & Co. KGaA, IFS World Operations AB, Lockheed Martin Corporation, Lufthansa Technik AG, Magnetic Group, MTU Aero Engines AG, Rolls-Royce PLC, Saab AB, Safran Group, SIA Engineering Company Limited, Singapore Technologies Engineering Ltd., Spirit AeroSystems, Inc., Thales Group, and Turkish Technic Inc..
Market Segmentation & Coverage
This research report categorizes the Aerospace & Defense MRO Market to forecast the revenues and analyze trends in each of the following sub-markets:
Product
Airframe
Component
Engine
Line
Service Provider
Airline Third Party
Independent
OEM
Operator/Airline In-house
Aircraft
Narrowbody
Regional Jet
Turboprop
Widebody
Application
Narrow Body Aircraft
Regional Aircraft
Wide Body Aircraft
End-use
Business & General Aviation
Commercial Aviation
Military Aviation
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom The report offers valuable insights on the following aspects:
Market Penetration: It presents comprehensive information on the market provided by key players.
Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
What is the market size and forecast of the Aerospace & Defense MRO Market?
Which products, segments, applications, and areas should one consider investing in over the forecast period in the Aerospace & Defense MRO Market?
What are the technology trends and regulatory frameworks in the Aerospace & Defense MRO Market?
What is the market share of the leading vendors in the Aerospace & Defense MRO Market?
Which modes and strategic moves are suitable for entering the Aerospace & Defense MRO Market?
Note: PDF & Excel + Online Access - 1 Year
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Aerospace & Defense MRO Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing homeland security conflicts coupled with expanding military aerospace sector
5.1.1.2. Rising governmental spending on military and defense sectors across the globe
5.1.1.3. Growing presence of aging commercial and military aircraft fleets
5.1.2. Restraints
5.1.2.1. Growth in original equipment manufacturer (OEM) aftermarket presence
5.1.3. Opportunities
5.1.3.1. Stringent governmental rules and regulations against the environmental pollution by aerospace industry
5.1.3.2. Emergence of Artificial Intelligence (AI) and Machine Learning (ML) in aerospace and defense MRO solutions
5.1.4. Challenges
5.1.4.1. Issues associated with labour shortage in the maintenance technician field
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Aerospace & Defense MRO Market, by Product
6.1. Introduction
6.2. Airframe
6.3. Component
6.4. Engine
6.5. Line
7. Aerospace & Defense MRO Market, by Service Provider
7.1. Introduction
7.2. Airline Third Party
7.3. Independent
7.4. OEM
7.5. Operator/Airline In-house
8. Aerospace & Defense MRO Market, by Aircraft
8.1. Introduction
8.2. Narrowbody
8.3. Regional Jet
8.4. Turboprop
8.5. Widebody
9. Aerospace & Defense MRO Market, by Application
9.1. Introduction
9.2. Narrow Body Aircraft
9.3. Regional Aircraft
9.4. Wide Body Aircraft
10. Aerospace & Defense MRO Market, by End-use
10.1. Introduction
10.2. Business & General Aviation
10.3. Commercial Aviation
10.4. Military Aviation
11. Americas Aerospace & Defense MRO Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Aerospace & Defense MRO Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam
13. Europe, Middle East & Africa Aerospace & Defense MRO Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. AAR CORP.
15.1.2. Air France–KLM
15.1.3. Airbus SAS
15.1.4. AMETEK.Inc.
15.1.5. AVIA SOLUTIONS GROUP (ASG) PLC
15.1.6. Aviation Technical Services
15.1.7. BAE Systems PLC
15.1.8. Barnes Group Inc.
15.1.9. Boeing Company
15.1.10. Delta Air Lines, Inc.
15.1.11. General Dynamics Corporation
15.1.12. Henkel AG & Co. KGaA
15.1.13. IFS World Operations AB
15.1.14. Lockheed Martin Corporation
15.1.15. Lufthansa Technik AG
15.1.16. Magnetic Group
15.1.17. MTU Aero Engines AG
15.1.18. Rolls-Royce PLC
15.1.19. Saab AB
15.1.20. Safran Group
15.1.21. SIA Engineering Company Limited
15.1.22. Singapore Technologies Engineering Ltd.
15.1.23. Spirit AeroSystems, Inc.
15.1.24. Thales Group
15.1.25. Turkish Technic Inc.
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing
FIGURE 1. AEROSPACE & DEFENSE MRO MARKET RESEARCH PROCESS