Global Aerospace and Defense MRO Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Global Aerospace and Defense MRO Market 2023 by Company, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Aerospace and Defense MRO market size was valued at USD 116930 million in 2022 and is forecast to a readjusted size of USD 153970 million by 2029 with a CAGR of 4.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The key players in global aerospace and defense MRO are GE Aviation, Airbus, Lufthansa Technik, AFI KLM E&M, MTU Maintenance, Rolls-Royce, AAR Corp. and ST Aerospace. The top four companies together hold more than 30% of the market share, with the largest supplier being GE Aviation, which holds 15% of the market share. The main regions providing MRO globally are the U.S., Europe, China, Japan, etc., with the U.S. occupying the largest market share at 30%. In terms of product type, engine maintenance holds the largest market share with 40%, followed by line maintenance and airframe maintenance, with 20% and 18% respectively. In terms of application, 60% of the market share is for narrow-body aircraft; 20% for wide-body aircraft and 10% for regional aircraft.

Aerospace and Defense MRO is the description of maintenance repair and overhaul to aircraft, maintenance, repair and overhaul (MRO) is a key activity in the lifecycle of aircraft. 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.

This report mainly covers four market segments: Airframe, Engine, Component and Line

This report is a detailed and comprehensive analysis for global Aerospace and Defense MRO market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Aerospace and Defense MRO market size and forecasts, in consumption value ($ Million), 2018-2029

Global Aerospace and Defense MRO market size and forecasts by region and country, in consumption value ($ Million), 2018-2029

Global Aerospace and Defense MRO market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029

Global Aerospace and Defense MRO market shares of main players, in revenue ($ Million), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Aerospace and Defense MRO

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Aerospace and Defense MRO market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GE Aviation, Airbus, Lufthansa Technik, AFI KLM E&M and MTU Maintenance, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation

Aerospace and Defense MRO market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Engine
Components
Airframe
Line

Market segment by Application
Narrow Body Aircraft
Wide Body Aircraft
Regional Aircraft
Others

Market segment by players, this report covers
GE Aviation
Airbus
Lufthansa Technik
AFI KLM E&M
MTU Maintenance
Rolls-Royce
AAR Corp.
ST Aerospace
SR Technics (Mubadala Aerospace)
SIA Engineering
Delta TechOps
Haeco
JAL Engineering
Ameco Beijing
Pratt & Whitney
ANA
Korean Air
Iberia Maintenance

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Aerospace and Defense MRO product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Aerospace and Defense MRO, with revenue, gross margin and global market share of Aerospace and Defense MRO from 2018 to 2023.

Chapter 3, the Aerospace and Defense MRO competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Aerospace and Defense MRO market forecast, by regions, type and application, with consumption value, from 2024 to 2029.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War

Chapter 12, the key raw materials and key suppliers, and industry chain of Aerospace and Defense MRO.

Chapter 13, to describe Aerospace and Defense MRO research findings and conclusion.