Global Aerospace and Defense MRO Supply, Demand and Key Producers, 2023-2029

Global Aerospace and Defense MRO Supply, Demand and Key Producers, 2023-2029

The global Aerospace and Defense MRO market size is expected to reach $ 153970 million by 2029, rising at a market growth of 4.0% CAGR during the forecast period (2023-2029).

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 studies the global Aerospace and Defense MRO demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Aerospace and Defense MRO, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Aerospace and Defense MRO that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Aerospace and Defense MRO total market, 2018-2029, (USD Million)

Global Aerospace and Defense MRO total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: Aerospace and Defense MRO total market, key domestic companies and share, (USD Million)

Global Aerospace and Defense MRO revenue by player and market share 2018-2023, (USD Million)

Global Aerospace and Defense MRO total market by Type, CAGR, 2018-2029, (USD Million)

Global Aerospace and Defense MRO total market by Application, CAGR, 2018-2029, (USD Million)

This reports profiles major players in the global Aerospace and Defense MRO market based on the following parameters – company overview, revenue, 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, MTU Maintenance, Rolls-Royce, AAR Corp., ST Aerospace and SR Technics (Mubadala Aerospace), etc.

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

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Aerospace and Defense MRO market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Aerospace and Defense MRO Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Aerospace and Defense MRO Market, Segmentation by Type
Engine
Components
Airframe
Line

Global Aerospace and Defense MRO Market, Segmentation by Application
Narrow Body Aircraft
Wide Body Aircraft
Regional Aircraft
Others

Companies Profiled:
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

Key Questions Answered

1. How big is the global Aerospace and Defense MRO market?

2. What is the demand of the global Aerospace and Defense MRO market?

3. What is the year over year growth of the global Aerospace and Defense MRO market?

4. What is the total value of the global Aerospace and Defense MRO market?

5. Who are the major players in the global Aerospace and Defense MRO market?

6. What are the growth factors driving the market demand?