Press release
Aircraft Component MRO Market to Reach USD 69.0 Billion by 2035 , Says 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 detailed segmentation by platform type, component type, and region. It provides strategic insights into demand patterns, technology adoption, and competitive positioning for manufacturers, MRO providers, and investors targeting the aircraft component MRO market.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/4516/aircraft-component-mro-market.html#form
MARKET STATISTICS:
• Market size(2024) : USD 54.4 billion
• Forecast value(2035): USD 69.0 billion
• CAGR: 2.5% (2025-2035)
• Forecast period: 2025-2035
• Base year: 2024
• Total number of segments: 3
• Tables & figures: 100+
• Country-Level Market Assessment: 20
MARKET SEGMENTATION
By Platform Type
Civil Aircraft
Military Aircraft
General Aviation
Civil Helicopters
By Component Type
Wheels & Brakes
Avionics
Auxiliary Power Unit
Fuel Systems
Thrust Reversers
Landing Gear
Equipment/Furnishings
Flight Controls
Hydraulic Power
Electrical
Others
SEGMENT ANALYSIS
Civil aircraft represent a substantial portion of the aircraft component MRO market due to the sheer size of commercial fleets worldwide and the frequency of scheduled maintenance operations required to comply with regulatory safety standards. The high utilization of civil aircraft increases wear on components, leading to more frequent overhaul cycles and consistent service demand. For OEMs and service providers, this underscores the need to optimize capacity and logistics for civil aviation support.
Within component types, avionics and landing gear segments are critical contributors due to technological complexity and safety-critical nature. Advanced avionics systems require specialized diagnostic and repair capabilities as aircraft incorporate more digital and automated systems. Landing gear components also face significant mechanical stress and regulatory inspection requirements, driving demand for comprehensive support services. Investing in specialized capabilities for these high-value component types can enhance service differentiation and market share.
REGIONAL INSIGHTS
North America dominates the aircraft component MRO market, driven by a well-developed commercial and military aviation ecosystem, advanced maintenance infrastructure, and the presence of leading OEMs and service hubs. The United States, in particular, fuels demand with its large fleet base and continuous adoption of predictive maintenance technologies that enhance operational uptime and compliance. North America's structural leadership stems from robust regulatory frameworks and deep integration of digital maintenance platforms, positioning it as a central anchor for global MRO operations.
Asia-Pacific is the fastest-growing region in the aircraft component MRO market, propelled by rapid fleet expansion, rising passenger traffic, and increased investments in aviation infrastructure. Emerging airlines in countries like China and India are expanding their operations and prioritizing localized MRO capabilities to reduce turnaround times and operational costs. The region's emphasis on in-region facility development and adoption of advanced diagnostic tools supports sustained growth momentum and attracts strategic investment from global MRO players.
MARKET DRIVERS
• Expansion and modernization of global aircraft fleets increases maintenance frequency and complexity.
• Rising complexity of aircraft components drives demand for specialized MRO services.
• Regulatory requirements for safety and airworthiness ensure ongoing maintenance needs.
• Adoption of digital maintenance technologies enhances service efficiency and predictive repair planning.
• Growth in commercial aviation traffic accelerates regional MRO infrastructure investments.
Top Companies in the Market
• Lockheed Martin
• Airbus
• L-3 Harris Technologies
• Safran
• Honeywell International
• Boeing
• General Electric
• Collins Aerospace
• Meggitt
• StandardAero
• ST Engineering
• Lufthansa Technik
FAQs
1.What is the size of the aircraft component MRO market ?
The global aircraft component MRO market was valued at USD 54.4 billion in 2024 and is expected to reach USD 69.0 billion by 2035. It is forecast to grow at a CAGR of 2.5% from 2025 to 2035.
2.What factors are driving growth in the aircraft component MRO market ?
Key drivers include fleet expansion, increasing component complexity, stringent safety regulations, and rising commercial air traffic that necessitate regular and advanced maintenance services.
3.Which region leads the aircraft component MRO market?
North America leads the market due to its extensive aviation infrastructure, large commercial and military fleets, and advanced maintenance technologies.
4.Why is the Asia-Pacific region growing rapidly in component MRO ?
Asia-Pacific's rapid fleet growth, investments in localized MRO facilities, and increasing airline operations are accelerating regional demand for component maintenance and overhaul services.
5.How does digital technology influence the component MRO market ?
Digital maintenance platforms and predictive analytics improve repair accuracy, reduce downtime, and optimize lifecycle costs, encouraging operators to adopt advanced MRO solutions.
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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.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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