Press release
Aircraft Engine MRO Market to Reach USD 121.0 Billion by 2035, says Stratview Research
Stratview Research
Aircraft engine MRO (Maintenance, Repair, and Overhaul) services ensure the operational safety, reliability, and longevity of commercial and military aircraft engines. The most important growth driver is the expanding global aircraft fleet. As airlines add new aircraft and extend service life, recurring engine maintenance demand rises structurally, driving long-term MRO revenue visibility.
Aircraft engines require scheduled and unscheduled maintenance throughout their lifecycle, making MRO spending non-discretionary and directly linked to fleet size and utilization rates.
"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 provides detailed insights into market dynamics, growth drivers, challenges, and competitive positioning. It covers comprehensive segmentation analysis across key categories and evaluates regional demand patterns. The study supports OEMs, independent MRO providers, suppliers, and investors in strategic planning and capacity expansion decisions.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/4517/aircraft-engine-mro-market.html#form
Market Statistics
• Market size: USD 89.1 billion in 2024
• Forecast value: USD 121.0 billion by 2035
• CAGR: 2.4%
• Forecast period: 2025-2035
• Base year: 2024
• Total number of segments: 4
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
By Platform Type
• Civil Aircraft
• Military Aircraft
• General Aviation
• Civil Helicopters By Service Type
By Application Type
• PW100
• CF6
• PW4000
• PW1000G
• V2500
By Certificate Holder Type
• Rolls-Royce
• CFM International
• GE Aerospace
• Pratt & Whitney
• Others
By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
Segment Analysis
Civil aircraft represent the largest portion of the aircraft engine MRO market, reflecting the vast size of global commercial fleets and their intensive utilization across short-haul and long-haul operations. Continuous fleet modernization programs, combined with strict regulatory mandates for safety and efficiency, further fuel demand for specialized engine maintenance. .
PW100 engines currently lead the aircraft engine MRO market, reflecting their extensive deployment across Boeing 737 MAX and Airbus A320neo family fleets. Recognized as the benchmark for next-generation narrow-body propulsion, these engines offer remarkable fuel efficiency and significantly lower maintenance requirements compared to older models.
CFM International currently holds the largest position in the aircraft engine MRO market, supported by its vast installed base of CFM56 engines that continue to power legacy narrow-body fleets worldwide. Its strong foothold is further reinforced by the growing adoption of LEAP engines on new-generation aircraft, making it the most dominant engine population requiring consistent maintenance and overhaul services.
Regional Insights
North America is the dominant region in the Aircraft Engine MRO Market. The region benefits from a large installed aircraft base, mature airline networks, and the presence of major OEMs and independent MRO providers. High fleet utilization and established maintenance infrastructure sustain consistent engine servicing volumes.
Asia-Pacific is the fastest-growing region. Rapid fleet expansion, increasing air passenger traffic, and the addition of new-generation aircraft are accelerating engine maintenance requirements. Expanding regional airline operations are driving demand for localized MRO capabilities and infrastructure development.
Market Drivers
• Expansion of the global commercial aircraft fleet, increasing mandatory engine maintenance cycles and shop visits.
• Rising air passenger traffic, driving higher aircraft utilization and accelerated engine wear.
• Aging aircraft fleets requiring more frequent engine overhauls and component replacements.
• OEM-backed long-term service agreements, ensuring recurring maintenance demand.
• Increasing military aircraft readiness requirements, sustaining defense-related engine MRO spending.
Top Companies in the Market
• Pratt & Whitney (RTX Corporation)
• CFM International
• Rolls-Royce Holdings PLC
• GE Aerospace
• Lufthansa Technik
• MTU Aero Engines AG
• Safran Aircraft Engines
• StandardAero
• AFI KLM E&M
FAQs
1. What is the projected size and growth outlook of the Aircraft Engine MRO Market?
The Aircraft Engine MRO Market is expected to reach USD 121.0 billion by 2035, growing at a CAGR of 2.4% during 2025-2035. Growth is primarily tied to fleet expansion and sustained aircraft utilization rates worldwide.
2. What is driving structural demand in the Aircraft Engine MRO Market?
The expansion of the global aircraft fleet is the primary structural driver. As more aircraft enter service and accumulate flight cycles, engine maintenance becomes mandatory and recurring, ensuring long-term service demand.
3. Which region currently leads the Aircraft Engine MRO Market?
North America holds the largest market share due to its extensive aircraft fleet and established MRO infrastructure. Strong airline networks and OEM presence further support regional dominance.
4. Why is Asia-Pacific the fastest-growing region in this market?
Asia-Pacific is experiencing rapid fleet additions and passenger traffic growth. These factors increase engine utilization rates and accelerate maintenance cycles, boosting regional MRO demand.
5. What are the key strategic considerations for OEMs and MRO providers?
Capacity expansion, investment in overhaul capabilities, and long-term service agreements are critical. Companies must align infrastructure and workforce capabilities with growing fleet sizes and next-generation engine technologies.
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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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