Rising Air Travel Propels Growth In The Air Transport MRO Market: A Key Catalyst Accelerating Air Transport MRO Market Growth in 2025

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Air Transport MRO Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the air transport mro market has experienced significant expansion of late. The sector is predicted to increase from a valuation of $88.11 billion in 2024 to a worth of $93.41 billion by 2025, exhibiting a compound annual growth rate (CAGR) of 6.0%. The growth observed in the historic phase can be traced back to market demand, the interplay of economic cycles, safety measures and risk management, a drive for outsourcing and cost reduction, the advent of technological innovations in MRO, and regulatory norms.

Air Transport MRO Market Size Forecast: What's the Projected Valuation by 2029?
In the upcoming years, the air transport mro market size is projected to experience significant expansion, with anticipated growth to $117.52 billion in 2029, representing a compound annual growth rate (CAGR) of 5.9%. The expansion during the predicted period can be linked to the resilience of the supply chain, worldwide regulatory alterations, sustainable MRO practices, and market shifts resulting from the COVID-19 impact. The forecast period is marked by key trends such as sustainability focus, regulatory compliance, aging aircraft fleet, growth in fleet size, and the shift towards digitalization and automation.

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What Are the Drivers Transforming the Air Transport MRO Market?
The uptick in air travel is predicted to propel the growth of the air transport MRO market in the future. Essentially, air travel pertains to the movement of passengers or goods through a mode of transport capable of controlled flight. MRO, short for maintenance, repair, and overhaul, has a vital role in enhancing flight preparedness and extending the longevity of key parts of an aircraft, including the airframe and engines. So, an uptick in air travel is foreseen to give a push to the air transport MRO market. For example, as reported by the US-based global airline industry trade association, International Air Transport Association (IATA), in January 2024, the overall air travel traffic in 2023 escalated by 36.9% compared to 2022. Moreover, international traffic in December 2023 saw an increase of 24.2% compared to December of the former year, whereas domestic traffic escalated by 27.0% compared to the previous year. Consequently, the surge in air traffic stimulates the growth of the aircraft ignition system market.

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What Long-Term Trends Will Define the Future of the Air Transport MRO Market?
The key trend gaining traction in the air transport MRO market is technological advancements. Major companies engaged in the air transport MRO market are investing in the development of new technologies. For example, Jet Support Services, Inc. (JSSI), a US-based firm offering aircraft maintenance support and financial services, rolled out the JSSI Maintenance Software in May 2022. What sets JSSI Maintenance Software apart is its suite of tools for tracking aircraft maintenance and providing maintenance, repair, and overhaul (MRO) software solutions. Jet Support Services, Inc. (JSSI) is committed to integrating these innovative technologies for enhanced client value.

Which Segments in the Air Transport MRO Market Offer the Most Profit Potential?
The air transport mro market covered in this report is segmented -

1) By Type: Engine, Line, Airframes, Other Types
2) By Service: Heavy Maintenance Inspection, Engine Service Check, Component Maintenance, Line Maintenance, Avionic Standardization, Aircraft Conversions
3) By Aircraft Type: Narrow Body Aircraft, Wide-Body Aircraft, Regional Jet, Turbo Prop, Other Aircraft Types
4) By Application: Civil Air Transport MRO, Military Air Transport MRO

Subsegments:
1) By Engine: Turbine Engines, Piston Engines
2) By Line: Routine Maintenance, Pre-Flight Checks, A-checks
3) By Airframes: Structure Maintenance, Interior Refurbishment, System Upgrades
4) By Other Types: Avionics Maintenance, Component Overhaul, Paint And Coating Services

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Which Firms Dominate the Air Transport MRO Market by Market Share and Revenue in 2025?
Major companies operating in the air transport mro market include AAR Corp., Delta Air Lines Inc., Deutsche Lufthansa AG, John Swire & Sons Limited, Airbus SE, Collins Aerospace, Air France Industries and KLM Engineering & Maintenance, HAECO Group, MTU Aero Engines AG, British Airways, Turkish Technic Inc., General Electric Company, Iberia Líneas Aéreas de España S.A., SIA Engineering Company Limited, Bombardier Inc., Lufthansa Technik AG, Safran SA, Raytheon Technologies Corporation, Singapore Technologies Engineering Ltd., Guangzhou Aircraft Maintenance Engineering Company Limited, StandardAero, Air Works Group, AJW Group, Gama Aviation, Erickson Inc., Hong Kong Aircraft Engineering Company Limited, ST Engineering Aerospace, The Boeing Company, Rolls-Royce Holdings, Honeywell International Inc.

Which Regions Offer the Highest Growth Potential in the Air Transport MRO Market?
Asia-Pacific was the largest region in the air transport MRO market in 2024. The regions covered in the air transport MRO market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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