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:
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 Aircraft Engine MRO Market?
Which products, segments, applications, and areas should one consider investing in over the forecast period in the Aircraft Engine MRO Market?
What are the technology trends and regulatory frameworks in the Aircraft Engine MRO Market?
What is the market share of the leading vendors in the Aircraft Engine MRO Market?
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