US Commercial Aircraft MRO Market Size study, by MRO Type (Airframe Engine, Component, Line) Forecasts 2022-2032
US Commercial Aircraft MRO Market is valued approximately USD 19.05 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 4.91% over the forecast period 2024-2032. Commercial Aircraft MRO stands for Maintenance, Repair, and Overhaul of commercial aircraft. It involves the activities and processes required to ensure the continued airworthiness and safety of airplanes used for commercial purposes. This includes regular inspections, servicing, repairs, and upgrades of various aircraft components such as engines, avionics, airframes, landing gear, and interiors. MRO activities are critical in the aviation industry to ensure that aircraft operate safely, efficiently, and in compliance with regulatory standards. Airlines, maintenance providers, and OEMs (Original Equipment Manufacturers) typically engage in MRO activities to keep their fleets in optimal condition and extend their operational lifespan. The increasing technological advancements a key trend that is supporting the growth of the US Commercial Aircraft MRO Market. Adoption of advanced technologies such as predictive maintenance, data analytics, artificial intelligence, and robotics is driving efficiency improvements and reducing downtime for MRO operations.
The US boasts a massive commercial aircraft fleet, one of the largest globally. As these planes age, they necessitate more frequent and intensive MRO services to maintain safety and performance. Key factors such as high air traffic volume, compliance with stringent Federal Aviation Administration (FAA) regulations, and significant investments in MRO infrastructure are primarily bolstering the regional market growth. The U.S. operates one of the largest commercial aircraft fleets globally, necessitating extensive MRO services to maintain operational efficiency, safety, and regulatory compliance. Furthermore, many airlines in the U.S. are increasingly outsourcing their MRO needs to specialized third-party providers, driving demand for comprehensive and specialized MRO services, which are anticipated to present substantial growth opportunities for the US Commercial Aircraft MRO Market. However, it is anticipated that growing expenses for aircraft spare parts and components, as well as aircraft downtime brought on by intricate MRO procedures impede the US Commercial Aircraft MRO Market growth between 2024 and 2032.
Major market player included in this report are: AAR Corp. Delta TechOps (Delta Air Lines Inc.) GE Aviation (General Electric Company) Company 4 Company 5 Company 6 Company 7 Company 8 Company 9 Company 10
The detailed segments and sub-segment of the market are explained below:
By MRO Type Airframe Engine Component Line
Years considered for the study are as follows: Historical year – 2022 Base year – 2023 Forecast period – 2024 to 2032
Key Takeaways: Market Estimates & Forecast for 10 years from 2022 to 2032. Annualized revenues and Country level analysis for each market segment. Detailed analysis of geographical landscape with Country level analysis of major regions. Competitive landscape with information on major players in the market. Analysis of key business strategies and recommendations on future market approach. Analysis of competitive structure of the market. Demand side and supply side analysis of the market
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Chapter 1. US Commercial Aircraft MRO Market Definition and Research Assumptions