Aircraft Engine MRO Industry Research Report 2024

Aircraft Engine MRO Industry Research Report 2024


Summary

Aircraft Engine MRO is the description of maintenance repair and overhaul to aircraft engine, maintenance, repair and overhaul (MRO) is a key activity in the lifecycle of its engines. Because of the typically long operational lifetimes expected from these costly assets, MRO is necessary to maintain these systems in a safe and functional condition, so that they can fulfill the operational role that they were designed for.
The MRO system can be understood as a complex socio-technical system organized and operated to achieve aircraft availability and operation safety at minimal cost. As a complex socio-technical system, it consists of various layers: The environmental context, organizational structure, management, infrastructure, workers and the technical core.
According to APO Research, The global Aircraft Engine MRO market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Aircraft Engine MRO is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Aircraft Engine MRO is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Aircraft Engine MRO is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global companies of Aircraft Engine MRO include GE, Rolls-Royce, MTU Maintenance, Lufthansa Technik, Pratt & Whitney, Air France/KLM, Snecma, Delta TechOps and Standard Aero, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Aircraft Engine MRO, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aircraft Engine MRO.
The Aircraft Engine MRO market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Aircraft Engine MRO market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

GE
Rolls-Royce
MTU Maintenance
Lufthansa Technik
Pratt & Whitney
Air France/KLM
Snecma
Delta TechOps
Standard Aero
BBA Aviation
Chromalloy
ITP
Air New Zealand
Bet Shemesh
IAI
Wood Group Turbopower
Sigma Aerospace
Hellenic Aerospace
Sabraliner
Asia Pacific Aerospace
Aircraft Engine MRO segment by Type

Maintenance
Repair
Overhaul
Aircraft Engine MRO Segment by Application

Civil Aircraft
Military Aircraft
Aircraft Engine MRO Segment by Region

North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Aircraft Engine MRO market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Aircraft Engine MRO and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Aircraft Engine MRO.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. 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 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments 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 5: Introduces executive summary of global market size, regional market size, 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 6: Detailed analysis of Aircraft Engine MRO companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Aircraft Engine MRO by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030)
2.2.2 Maintenance
2.2.3 Repair
2.2.4 Overhaul
2.3 Aircraft Engine MRO by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030)
2.3.2 Civil Aircraft
2.3.3 Military Aircraft
2.4 Assumptions and Limitations
3 Aircraft Engine MRO Breakdown Data by Type
3.1 Global Aircraft Engine MRO Historic Market Size by Type (2019-2024)
3.2 Global Aircraft Engine MRO Forecasted Market Size by Type (2025-2030)
4 Aircraft Engine MRO Breakdown Data by Application
4.1 Global Aircraft Engine MRO Historic Market Size by Application (2019-2024)
4.2 Global Aircraft Engine MRO Forecasted Market Size by Application (2019-2024)
5 Global Growth Trends
5.1 Global Aircraft Engine MRO Market Perspective (2019-2030)
5.2 Global Aircraft Engine MRO Growth Trends by Region
5.2.1 Global Aircraft Engine MRO Market Size by Region: 2019 VS 2023 VS 2030
5.2.2 Aircraft Engine MRO Historic Market Size by Region (2019-2024)
5.2.3 Aircraft Engine MRO Forecasted Market Size by Region (2025-2030)
5.3 Aircraft Engine MRO Market Dynamics
5.3.1 Aircraft Engine MRO Industry Trends
5.3.2 Aircraft Engine MRO Market Drivers
5.3.3 Aircraft Engine MRO Market Challenges
5.3.4 Aircraft Engine MRO Market Restraints
6 Market Competitive Landscape by Players
6.1 Global Top Aircraft Engine MRO Players by Revenue
6.1.1 Global Top Aircraft Engine MRO Players by Revenue (2019-2024)
6.1.2 Global Aircraft Engine MRO Revenue Market Share by Players (2019-2024)
6.2 Global Aircraft Engine MRO Industry Players Ranking, 2022 VS 2023 VS 2024
6.3 Global Key Players of Aircraft Engine MRO Head office and Area Served
6.4 Global Aircraft Engine MRO Players, Product Type & Application
6.5 Global Aircraft Engine MRO Players, Date of Enter into This Industry
6.6 Global Aircraft Engine MRO Market CR5 and HHI
6.7 Global Players Mergers & Acquisition
7 North America
7.1 North America Aircraft Engine MRO Market Size (2019-2030)
7.2 North America Aircraft Engine MRO Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 North America Aircraft Engine MRO Market Size by Country (2019-2024)
7.4 North America Aircraft Engine MRO Market Size by Country (2025-2030)
7.5 United States
7.6 Canada
8 Europe
8.1 Europe Aircraft Engine MRO Market Size (2019-2030)
8.2 Europe Aircraft Engine MRO Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Europe Aircraft Engine MRO Market Size by Country (2019-2024)
8.4 Europe Aircraft Engine MRO Market Size by Country (2025-2030)
8.5 Germany
8.6 France
8.7 U.K.
8.8 Italy
8.9 Russia
8.10 Nordic Countries
9 Asia-Pacific
9.1 Asia-Pacific Aircraft Engine MRO Market Size (2019-2030)
9.2 Asia-Pacific Aircraft Engine MRO Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Asia-Pacific Aircraft Engine MRO Market Size by Country (2019-2024)
9.4 Asia-Pacific Aircraft Engine MRO Market Size by Country (2025-2030)
9.5 China
9.6 Japan
9.7 South Korea
9.8 Southeast Asia
9.9 India
9.10 Australia
10 Latin America
10.1 Latin America Aircraft Engine MRO Market Size (2019-2030)
10.2 Latin America Aircraft Engine MRO Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Latin America Aircraft Engine MRO Market Size by Country (2019-2024)
10.4 Latin America Aircraft Engine MRO Market Size by Country (2025-2030)
10.5 Mexico
10.6 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Aircraft Engine MRO Market Size (2019-2030)
11.2 Middle East & Africa Aircraft Engine MRO Market Growth Rate by Country: 2019 VS 2023 VS 2030
11.3 Middle East & Africa Aircraft Engine MRO Market Size by Country (2019-2024)
11.4 Middle East & Africa Aircraft Engine MRO Market Size by Country (2025-2030)
11.5 Turkey
11.6 Saudi Arabia
11.7 UAE
12 Players Profiled
12.1 GE
12.1.1 GE Company Information
12.1.2 GE Business Overview
12.1.3 GE Revenue in Aircraft Engine MRO Business (2019-2024)
12.1.4 GE Aircraft Engine MRO Product Portfolio
12.1.5 GE Recent Developments
12.2 Rolls-Royce
12.2.1 Rolls-Royce Company Information
12.2.2 Rolls-Royce Business Overview
12.2.3 Rolls-Royce Revenue in Aircraft Engine MRO Business (2019-2024)
12.2.4 Rolls-Royce Aircraft Engine MRO Product Portfolio
12.2.5 Rolls-Royce Recent Developments
12.3 MTU Maintenance
12.3.1 MTU Maintenance Company Information
12.3.2 MTU Maintenance Business Overview
12.3.3 MTU Maintenance Revenue in Aircraft Engine MRO Business (2019-2024)
12.3.4 MTU Maintenance Aircraft Engine MRO Product Portfolio
12.3.5 MTU Maintenance Recent Developments
12.4 Lufthansa Technik
12.4.1 Lufthansa Technik Company Information
12.4.2 Lufthansa Technik Business Overview
12.4.3 Lufthansa Technik Revenue in Aircraft Engine MRO Business (2019-2024)
12.4.4 Lufthansa Technik Aircraft Engine MRO Product Portfolio
12.4.5 Lufthansa Technik Recent Developments
12.5 Pratt & Whitney
12.5.1 Pratt & Whitney Company Information
12.5.2 Pratt & Whitney Business Overview
12.5.3 Pratt & Whitney Revenue in Aircraft Engine MRO Business (2019-2024)
12.5.4 Pratt & Whitney Aircraft Engine MRO Product Portfolio
12.5.5 Pratt & Whitney Recent Developments
12.6 Air France/KLM
12.6.1 Air France/KLM Company Information
12.6.2 Air France/KLM Business Overview
12.6.3 Air France/KLM Revenue in Aircraft Engine MRO Business (2019-2024)
12.6.4 Air France/KLM Aircraft Engine MRO Product Portfolio
12.6.5 Air France/KLM Recent Developments
12.7 Snecma
12.7.1 Snecma Company Information
12.7.2 Snecma Business Overview
12.7.3 Snecma Revenue in Aircraft Engine MRO Business (2019-2024)
12.7.4 Snecma Aircraft Engine MRO Product Portfolio
12.7.5 Snecma Recent Developments
12.8 Delta TechOps
12.8.1 Delta TechOps Company Information
12.8.2 Delta TechOps Business Overview
12.8.3 Delta TechOps Revenue in Aircraft Engine MRO Business (2019-2024)
12.8.4 Delta TechOps Aircraft Engine MRO Product Portfolio
12.8.5 Delta TechOps Recent Developments
12.9 Standard Aero
12.9.1 Standard Aero Company Information
12.9.2 Standard Aero Business Overview
12.9.3 Standard Aero Revenue in Aircraft Engine MRO Business (2019-2024)
12.9.4 Standard Aero Aircraft Engine MRO Product Portfolio
12.9.5 Standard Aero Recent Developments
12.10 BBA Aviation
12.10.1 BBA Aviation Company Information
12.10.2 BBA Aviation Business Overview
12.10.3 BBA Aviation Revenue in Aircraft Engine MRO Business (2019-2024)
12.10.4 BBA Aviation Aircraft Engine MRO Product Portfolio
12.10.5 BBA Aviation Recent Developments
12.11 Chromalloy
12.11.1 Chromalloy Company Information
12.11.2 Chromalloy Business Overview
12.11.3 Chromalloy Revenue in Aircraft Engine MRO Business (2019-2024)
12.11.4 Chromalloy Aircraft Engine MRO Product Portfolio
12.11.5 Chromalloy Recent Developments
12.12 ITP
12.12.1 ITP Company Information
12.12.2 ITP Business Overview
12.12.3 ITP Revenue in Aircraft Engine MRO Business (2019-2024)
12.12.4 ITP Aircraft Engine MRO Product Portfolio
12.12.5 ITP Recent Developments
12.13 Air New Zealand
12.13.1 Air New Zealand Company Information
12.13.2 Air New Zealand Business Overview
12.13.3 Air New Zealand Revenue in Aircraft Engine MRO Business (2019-2024)
12.13.4 Air New Zealand Aircraft Engine MRO Product Portfolio
12.13.5 Air New Zealand Recent Developments
12.14 Bet Shemesh
12.14.1 Bet Shemesh Company Information
12.14.2 Bet Shemesh Business Overview
12.14.3 Bet Shemesh Revenue in Aircraft Engine MRO Business (2019-2024)
12.14.4 Bet Shemesh Aircraft Engine MRO Product Portfolio
12.14.5 Bet Shemesh Recent Developments
12.15 IAI
12.15.1 IAI Company Information
12.15.2 IAI Business Overview
12.15.3 IAI Revenue in Aircraft Engine MRO Business (2019-2024)
12.15.4 IAI Aircraft Engine MRO Product Portfolio
12.15.5 IAI Recent Developments
12.16 Wood Group Turbopower
12.16.1 Wood Group Turbopower Company Information
12.16.2 Wood Group Turbopower Business Overview
12.16.3 Wood Group Turbopower Revenue in Aircraft Engine MRO Business (2019-2024)
12.16.4 Wood Group Turbopower Aircraft Engine MRO Product Portfolio
12.16.5 Wood Group Turbopower Recent Developments
12.17 Sigma Aerospace
12.17.1 Sigma Aerospace Company Information
12.17.2 Sigma Aerospace Business Overview
12.17.3 Sigma Aerospace Revenue in Aircraft Engine MRO Business (2019-2024)
12.17.4 Sigma Aerospace Aircraft Engine MRO Product Portfolio
12.17.5 Sigma Aerospace Recent Developments
12.18 Hellenic Aerospace
12.18.1 Hellenic Aerospace Company Information
12.18.2 Hellenic Aerospace Business Overview
12.18.3 Hellenic Aerospace Revenue in Aircraft Engine MRO Business (2019-2024)
12.18.4 Hellenic Aerospace Aircraft Engine MRO Product Portfolio
12.18.5 Hellenic Aerospace Recent Developments
12.19 Sabraliner
12.19.1 Sabraliner Company Information
12.19.2 Sabraliner Business Overview
12.19.3 Sabraliner Revenue in Aircraft Engine MRO Business (2019-2024)
12.19.4 Sabraliner Aircraft Engine MRO Product Portfolio
12.19.5 Sabraliner Recent Developments
12.20 Asia Pacific Aerospace
12.20.1 Asia Pacific Aerospace Company Information
12.20.2 Asia Pacific Aerospace Business Overview
12.20.3 Asia Pacific Aerospace Revenue in Aircraft Engine MRO Business (2019-2024)
12.20.4 Asia Pacific Aerospace Aircraft Engine MRO Product Portfolio
12.20.5 Asia Pacific Aerospace Recent Developments
13 Report Conclusion
14 Disclaimer

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