Press release
Aircraft MRO Market to Reach USD 330.6 Billion by 2035, Saya Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more. The report covers market size and forecasts, detailed segmentation by aircraft type, MRO type, and region, and highlights strategic implications for OEMs, service providers, and investors seeking to align portfolios with structural demand shifts.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/3920/aircraft-mro-market.html#form
Market Statistics
• Market size (2024): USD 264.4 billion
• Market size (2025): USD 271.2 billion
• Forecast value (2035): USD 330.6 billion
• CAGR (2025-2035): 2.0%
• Forecast period: 2025-2035
• Base year: 2024
• Total number of segments: 3
• Tables & figures: 100+
• Country-Level Market Assessment: 15
Market Segmentation
By Aircraft Type
• Narrow-body aircraft
• Wide-body aircraft
• Regional Jet
• Turboprop
• Military Aircraft
• General Aviation
• Civil Helicopter
By MRO Type
• Airframe
• Engine
• Component
• Line
By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
Segmentation Analysis
Among aircraft types, military aircraft dominate due to large defense fleets' intensive maintenance cycles and high operational readiness demand, which drive frequent MRO interventions. General aviation is the fastest-growing subsegment as private and regional connectivity usage increases, prompting operators to seek cost-effective maintenance and specialized services, driving opportunities for targeted service providers.
Within MRO types, engine MRO stands out as both the largest and fastest-growing category. Complex modern engines operate under stringent performance and fuel-efficiency standards, necessitating frequent, high-precision maintenance. This elevated technical requirement fuels growth in engine-focused service offerings and strategic investments in advanced diagnostics.
Regional Insights
North America holds dominance in the aircraft MRO market, supported by a vast commercial and military aircraft fleet, mature maintenance infrastructure, and advanced predictive technologies. These structural advantages sustain high service demand and attract OEMs and MRO service providers seeking stable, high-volume operations.
Asia-Pacific is the fastest-growing region, propelled by rapid fleet expansion, rising passenger traffic, and increasing defense expenditure. These factors collectively increase the number of aircraft requiring continuous MRO services, creating structural growth opportunities for localized and global maintenance providers.
Market Drivers
• Rising global air traffic and expanding aircraft fleets increase the volume of scheduled maintenance and overhaul services.
• Aging aircraft in service extend the need for comprehensive maintenance, repair, and overhaul to ensure safety and regulatory compliance.
• Advancements in maintenance technologies, including predictive analytics and digital tools, enhance service efficiency and accuracy, raising demand for sophisticated MRO solutions.
• Increasing defense budgets and modernization programs drive maintenance demand for military aircraft across global fleets.
• OEM partnerships and strategic alliances expand service portfolios and geographic coverage, improving access to specialized maintenance services.
Top Companies in the Market
• GE Aerospace
• ST Engineering
• Raytheon Technologies Corporation (RTX)
• Safran S.A.
• Honeywell Aerospace
• Rolls-Royce PLC
• Lufthansa Technik AG
• Standard Aero
• KLM-Air France Group
• Hong Kong Aircraft Engineering Company Limited (HAECO)
FAQs
1.What is the forecasted size of the aircraft MRO market by 2035 ?
The aircraft MRO market is expected to reach USD 330.6 billion by 2035, expanding at a CAGR of 2.0% during 2025-2035.
2.Which aircraft type segment leads demand in the aircraft MRO market ?
The military aircraft segment generates the highest demand due to extensive maintenance requirements and high defense readiness standards.
3.What is driving growth in engine MRO services ?
Growth in engine MRO is driven by the complexity of modern engines, higher operational hours, and stringent performance and fuel efficiency standards necessitating specialized maintenance.
4.Which region offers the fastest growth opportunity in aircraft MRO ?
Asia-Pacific is poised for the fastest growth due to rapid fleet expansion, rising air traffic, and increasing defense expenditure.
5.How does predictive technology influence the aircraft MRO market ?
Predictive maintenance and digital tools improve service efficiency and accuracy, prompting airlines and operators to invest more in advanced MRO solutions to reduce downtime and costs.
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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