According to our (Global Info Research) latest study, the global Aircraft Engine MRO market size was valued at USD 38420 million in 2023 and is forecast to a readjusted size of USD 66840 million by 2030 with a CAGR of 8.2% during review period.
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.
Global Aircraft Engine MRO key players include GE, Rolls-Royce, MTU Maintenance, Lufthansa Technik, Pratt & Whitney, etc. Global top five manufacturers hold a share over 50%.
North America is the largest market, with a share over 35%, followed by Europe and Asia Pacific, both have a share over 40%.
In terms of product, Overhaul is the largest segment, with a share over 60%. And in terms of application, the largest application is Civil Aircraft, followed by Military Aircraft, etc.
The Global Info Research report includes an overview of the development of the Aircraft Engine MRO industry chain, the market status of Civil Aircraft (Maintenance, Repair), Military Aircraft (Maintenance, Repair), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Aircraft Engine MRO.
Regionally, the report analyzes the Aircraft Engine MRO markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Aircraft Engine MRO market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Aircraft Engine MRO market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Aircraft Engine MRO industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Maintenance, Repair).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Aircraft Engine MRO market.
Regional Analysis: The report involves examining the Aircraft Engine MRO market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Aircraft Engine MRO market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Aircraft Engine MRO:
Company Analysis: Report covers individual Aircraft Engine MRO players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Aircraft Engine MRO This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Civil Aircraft, Military Aircraft).
Technology Analysis: Report covers specific technologies relevant to Aircraft Engine MRO. It assesses the current state, advancements, and potential future developments in Aircraft Engine MRO areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Aircraft Engine MRO market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Aircraft Engine MRO market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Maintenance
Repair
Overhaul
Market segment by Application
Civil Aircraft
Military Aircraft
Market segment by players, this report covers
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
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 Aircraft Engine MRO product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Aircraft Engine MRO, with revenue, gross margin and global market share of Aircraft Engine MRO from 2019 to 2024.
Chapter 3, the Aircraft Engine 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 2019 to 2030.
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 2019 to 2024.and Aircraft Engine MRO market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Aircraft Engine MRO.
Chapter 13, to describe Aircraft Engine MRO research findings and conclusion.
Summary:
Get latest Market Research Reports on Aircraft Engine MRO . Industry analysis & Market Report on Aircraft Engine MRO is a syndicated market report, published as Global Aircraft Engine MRO Market 2024 by Company, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Aircraft Engine MRO market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.