Aircraft Engine MRO Market by Service (Maintenance, Refit & Modernization, Repair), Aircraft Generation (Mid Generation, New Generation, Old Generation), Organization Type, Application - Global Forecast 2024-2030

Aircraft Engine MRO Market by Service (Maintenance, Refit & Modernization, Repair), Aircraft Generation (Mid Generation, New Generation, Old Generation), Organization Type, Application - Global Forecast 2024-2030


The Aircraft Engine MRO Market size was estimated at USD 36.83 billion in 2023 and expected to reach USD 38.64 billion in 2024, at a CAGR 5.10% to reach USD 52.19 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Aircraft Engine 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 Aircraft Engine 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 Aircraft Engine MRO Market, highlighting leading vendors and their innovative profiles. These include AAR Corporation, AerSale, Inc., Airbus SE, Aviation Technical Services, Bombardier Inc., British Airways Engineering, Delta Air Lines, Inc., Emirates Engineering, General Electric Company, HAECO Group, Israel Aerospace Industries, KLM UK Engineering, Lufthansa Group, Misubishi Heavy Industries, MTU Aero Engines AG, Naini Aerospace Limited, Ramco Systems, Raytheon Technologies, Rolls Royce PLC, Safran Group, SIA Engineering Company, ST Engineering Group, TAP Air Portugal, The Boeing Company, and Varman Aviation Pvt. Ltd..

Market Segmentation & Coverage

This research report categorizes the Aircraft Engine MRO Market to forecast the revenues and analyze trends in each of the following sub-markets:

Service

Maintenance

Condition Based Maintenance
  • Predictive Maintenance
  • Risk-Based Maintenance
  • Time-Based Maintenance
  • Refit & Modernization
  • Repair
  • Training
  • Aircraft Generation

    Mid Generation
  • New Generation
  • Old Generation
  • Organization Type

    Airline/Operator MRO
  • Independent MRO
  • Original Equipment Manufacturer (OEM) MRO
  • Application

    Commercial Aviation
  • General 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:

    1. Market Penetration: It presents comprehensive information on the market provided by key players.
    2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
    3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
    4. 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.
    5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
    The report addresses key questions such as:

    1. What is the market size and forecast of the Aircraft Engine MRO Market?
    2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Aircraft Engine MRO Market?
    3. What are the technology trends and regulatory frameworks in the Aircraft Engine MRO Market?
    4. What is the market share of the leading vendors in the Aircraft Engine MRO Market?
    5. Which modes and strategic moves are suitable for entering the Aircraft Engine 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. Aircraft Engine MRO Market, by Region
    5. Market Insights
    5.1. Market Dynamics
    5.1.1. Drivers
    5.1.1.1. Growing aviation transportation across the globe
    5.1.1.2. Rising number of aircrafts and increasing aging engines
    5.1.1.3. Surging use of aircrafts for luggage carrier
    5.1.2. Restraints
    5.1.2.1. Concerns associated with increased AOG times and rising maintenance costs
    5.1.3. Opportunities
    5.1.3.1. Emerging advanced MRO technologies to optimize engine repair services
    5.1.3.2. Integration of robots in aircraft engine MRO service
    5.1.4. Challenges
    5.1.4.1. Shortage of qualified staff and difficulties in acquiring necessary engine parts
    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. Aircraft Engine MRO Market, by Service
    6.1. Introduction
    6.2. Maintenance
    6.3.1. Condition Based Maintenance
    6.3.2. Predictive Maintenance
    6.3.3. Risk-Based Maintenance
    6.3.4. Time-Based Maintenance
    6.3. Refit & Modernization
    6.4. Repair
    6.5. Training
    7. Aircraft Engine MRO Market, by Aircraft Generation
    7.1. Introduction
    7.2. Mid Generation
    7.3. New Generation
    7.4. Old Generation
    8. Aircraft Engine MRO Market, by Organization Type
    8.1. Introduction
    8.2. Airline/Operator MRO
    8.3. Independent MRO
    8.4. Original Equipment Manufacturer (OEM) MRO
    9. Aircraft Engine MRO Market, by Application
    9.1. Introduction
    9.2. Commercial Aviation
    9.3. General Aviation
    9.4. Military Aviation
    10. Americas Aircraft Engine MRO Market
    10.1. Introduction
    10.2. Argentina
    10.3. Brazil
    10.4. Canada
    10.5. Mexico
    10.6. United States
    11. Asia-Pacific Aircraft Engine MRO Market
    11.1. Introduction
    11.2. Australia
    11.3. China
    11.4. India
    11.5. Indonesia
    11.6. Japan
    11.7. Malaysia
    11.8. Philippines
    11.9. Singapore
    11.10. South Korea
    11.11. Taiwan
    11.12. Thailand
    11.13. Vietnam
    12. Europe, Middle East & Africa Aircraft Engine MRO Market
    12.1. Introduction
    12.2. Denmark
    12.3. Egypt
    12.4. Finland
    12.5. France
    12.6. Germany
    12.7. Israel
    12.8. Italy
    12.9. Netherlands
    12.10. Nigeria
    12.11. Norway
    12.12. Poland
    12.13. Qatar
    12.14. Russia
    12.15. Saudi Arabia
    12.16. South Africa
    12.17. Spain
    12.18. Sweden
    12.19. Switzerland
    12.20. Turkey
    12.21. United Arab Emirates
    12.22. United Kingdom
    13. Competitive Landscape
    13.1. FPNV Positioning Matrix
    13.2. Market Share Analysis, By Key Player
    13.3. Competitive Scenario Analysis, By Key Player
    14. Competitive Portfolio
    14.1. Key Company Profiles
    14.1.1. AAR Corporation
    14.1.2. AerSale, Inc.
    14.1.3. Airbus SE
    14.1.4. Aviation Technical Services
    14.1.5. Bombardier Inc.
    14.1.6. British Airways Engineering
    14.1.7. Delta Air Lines, Inc.
    14.1.8. Emirates Engineering
    14.1.9. General Electric Company
    14.1.10. HAECO Group
    14.1.11. Israel Aerospace Industries
    14.1.12. KLM UK Engineering
    14.1.13. Lufthansa Group
    14.1.14. Misubishi Heavy Industries
    14.1.15. MTU Aero Engines AG
    14.1.16. Naini Aerospace Limited
    14.1.17. Ramco Systems
    14.1.18. Raytheon Technologies
    14.1.19. Rolls Royce PLC
    14.1.20. Safran Group
    14.1.21. SIA Engineering Company
    14.1.22. ST Engineering Group
    14.1.23. TAP Air Portugal
    14.1.24. The Boeing Company
    14.1.25. Varman Aviation Pvt. Ltd.
    14.2. Key Product Portfolio
    15. Appendix
    15.1. Discussion Guide
    15.2. License & Pricing
    FIGURE 1. AIRCRAFT ENGINE MRO MARKET RESEARCH PROCESS
    FIGURE 2. AIRCRAFT ENGINE MRO MARKET SIZE, 2023 VS 2030
    FIGURE 3. AIRCRAFT ENGINE MRO MARKET SIZE, 2018-2030 (USD MILLION)
    FIGURE 4. AIRCRAFT ENGINE MRO MARKET SIZE, BY REGION, 2023 VS 2030 (%)
    FIGURE 5. AIRCRAFT ENGINE MRO MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 6. AIRCRAFT ENGINE MRO MARKET DYNAMICS
    FIGURE 7. AIRCRAFT ENGINE MRO MARKET SIZE, BY SERVICE, 2023 VS 2030 (%)
    FIGURE 8. AIRCRAFT ENGINE MRO MARKET SIZE, BY SERVICE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 9. AIRCRAFT ENGINE MRO MARKET SIZE, BY AIRCRAFT GENERATION, 2023 VS 2030 (%)
    FIGURE 10. AIRCRAFT ENGINE MRO MARKET SIZE, BY AIRCRAFT GENERATION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 11. AIRCRAFT ENGINE MRO MARKET SIZE, BY ORGANIZATION TYPE, 2023 VS 2030 (%)
    FIGURE 12. AIRCRAFT ENGINE MRO MARKET SIZE, BY ORGANIZATION TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 13. AIRCRAFT ENGINE MRO MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
    FIGURE 14. AIRCRAFT ENGINE MRO MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 15. AMERICAS AIRCRAFT ENGINE MRO MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 16. AMERICAS AIRCRAFT ENGINE MRO MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 17. UNITED STATES AIRCRAFT ENGINE MRO MARKET SIZE, BY STATE, 2023 VS 2030 (%)
    FIGURE 18. UNITED STATES AIRCRAFT ENGINE MRO MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 19. ASIA-PACIFIC AIRCRAFT ENGINE MRO MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 20. ASIA-PACIFIC AIRCRAFT ENGINE MRO MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 21. EUROPE, MIDDLE EAST & AFRICA AIRCRAFT ENGINE MRO MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 22. EUROPE, MIDDLE EAST & AFRICA AIRCRAFT ENGINE MRO MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 23. AIRCRAFT ENGINE MRO MARKET, FPNV POSITIONING MATRIX, 2023
    FIGURE 24. AIRCRAFT ENGINE MRO MARKET SHARE, BY KEY PLAYER, 2023

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