Press release
Aircraft Component MRO Market to Reach USD 69.0 Billion by 2035, Says Stratview Research
The global Aircraft Component MRO Market, focused on maintenance, repair, and overhaul of critical aircraft parts such as avionics, landing gear, hydraulic systems, and flight controls, is projected to reach USD 69.0 billion by 2035, growing at a CAGR of 2.5% over the 2025-2035 forecast period. The market was valued at USD 54.4 billion in 2024. The single most important growth driver is the expansion and modernization of global aircraft fleets, which structurally increases demand as operators require more frequent and advanced component maintenance to sustain safety and operational reliability. This trend underscores growing demand from commercial airlines and defense portfolios for technologically advanced repair and overhaul services.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 scope includes detailed coverage of market dynamics, segmentation by platform and component types, and regional performance. It provides strategic relevance for manufacturers, service providers, OEMs, and investors by highlighting demand patterns, technology adoption, and competitive positioning across 20 country-level assessments.
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 (2025-2035): 2.5%
• 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
By Region
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Segment Analysis
In platform type segmentation, military aircraft represent a substantial portion of the market due to the large scale of commercial fleets and regulated maintenance cycles that require frequent component overhauls; the complex nature of modern avionics and systems further sustains demand for highly specialized MRO services, enhancing service provider investments in digital maintenance solutions and predictive diagnostics, which strengthens operational resilience and compliance for airline operators.
Across component types, segments like landing gear, avionics, and wheels & brakes draw heightened attention due to their critical role in flight safety and performance; the increasing technical sophistication of these components, driven by next-generation aircraft platforms, necessitates advanced maintenance and overhaul practices, prompting service providers to expand capabilities and invest in cutting-edge repair technologies with implications for supply chain coordination and aftermarket service models.
Region Analysis
North America remains the largest regional market due to its well-established aerospace ecosystem, extensive commercial and military operations, advanced maintenance infrastructure, and early adoption of predictive analytics and digital platforms, creating strong demand for high-value component MRO services.
In contrast, Asia-Pacific is the fastest-growing region, propelled by rapid fleet expansion, rising passenger traffic, substantial investments in aviation infrastructure, and a strategic push to localize maintenance capabilities to reduce turnaround times, positioning regional actors to capture growing share as operators seek in-region service solutions.
Market Drivers
• Expansion and modernization of global aircraft fleets increase scheduled component maintenance cycles.
• Rising complexity of aircraft systems drives demand for specialized repair and overhaul expertise.
• Stringent safety and airworthiness regulations ensure consistent maintenance requirements.
• Adoption of digital maintenance platforms improves service efficiency and predictive diagnostics.
• Growth in commercial aviation traffic increases MRO workload and infrastructure investment.
Top Companies in the Market
• Lufthansa Technik
• Collins Aerospace
• Safran Landing Systems
• Honeywell Aerospace
• AFI KLM E&M
• StandardAero
• AAR Corporation
• HAECO Americas
• Turkish Technic
FAQs
1. What is the projected size of the aircraft component MRO market by 2035?
The global aircraft component MRO market is projected to reach USD 69.0 billion by 2035, reflecting steady expansion from its 2024 valuation of USD 54.4 billion at a 2.5% CAGR over 2025-2035.
2. Which factors are driving demand for aircraft component MRO services?
Primary growth drivers include fleet expansion, increased component complexity, regulatory safety requirements, digital maintenance adoption, and rising commercial air traffic, all contributing to higher maintenance and overhaul needs.
3. Which region holds the largest share in the aircraft component MRO market?
North America holds the largest market share due to its mature aviation infrastructure, extensive commercial fleet operations, and technological leadership in predictive maintenance and digital service platforms.
4. Why is Asia-Pacific the fastest-growing regional market for aircraft component MRO?
Asia-Pacific is the fastest-growing market because of rapid fleet growth, significant investment in aviation infrastructure, expanding airline operations, and increased focus on localized MRO capabilities to reduce service turnaround times.
5. What are the strategic implications of component complexity on market demand?
Increasing complexity in avionics, landing gear, and other components necessitates advanced repair capabilities, pushing service providers to invest in digital diagnostics and specialized maintenance solutions, which enhances operational reliability for airlines and creates competitive differentiation.
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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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