PUBLISHER: QYResearch | PRODUCT CODE: 1866805
PUBLISHER: QYResearch | PRODUCT CODE: 1866805
The global market for Aircraft Engine MRO was estimated to be worth US$ 43980 million in 2024 and is forecast to a readjusted size of US$ 77740 million by 2031 with a CAGR of 8.6% during the forecast period 2025-2031.
Aircraft Engine MRO is the description of maintenance repair and overhaul to aircraft engine, maintenance, repair and overhaul (MRO) is a key activity in the lifecycle of its engines. Because of the typically long operational lifetimes expected from these costly assets, MRO is necessary to maintain these systems in a safe and functional condition, so that they can fulfill the operational role that they were designed for.
The global market potential for Aircraft Engine Maintenance, Repair, and Overhaul (MRO) is poised for steady, long-term growth, driven by rising global air passenger and cargo traffic, the expansion of airline fleets, and the need to maintain high operational reliability and safety standards for increasingly complex and fuel-efficient engine technologies, as operators seek to optimize lifecycle costs, extend time on wing, and comply with stringent regulatory requirements; the market benefits from the aging of existing fleets, which increases maintenance demand per flight hour, while the introduction of new-generation engines with advanced materials, tighter tolerances, and integrated digital monitoring systems shifts demand toward specialized, high-skill MRO services; emerging markets in Asia-Pacific, the Middle East, and Latin America are expected to lead demand growth due to rapid fleet expansion by low-cost carriers and regional airlines, while mature markets in North America and Europe will focus on replacement, overhauls, and performance upgrades; OEMs, independent MRO providers, and airline-affiliated MRO units are competing for market share through integrated service offerings, predictive analytics, and global service networks; the trend toward outsourcing engine maintenance to reduce costs and improve turnaround times is creating opportunities for third-party providers, especially those with capabilities for both legacy and new-generation engines; digitalization, predictive maintenance, and the use of AI-driven health monitoring systems are enabling operators to shift from reactive to condition-based maintenance, improving fleet availability and reducing unplanned downtime; with the global aircraft fleet expected to double over the next two decades, and engine MRO representing one of the largest segments of the aviation aftermarket by value, the sector offers strong revenue potential for companies capable of delivering cost-efficient, technologically advanced, and geographically diversified services across the full engine lifecycle.
This report aims to provide a comprehensive presentation of the global market for Aircraft Engine MRO, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Aircraft Engine MRO by region & country, by Type, and by Application.
The Aircraft Engine MRO market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aircraft Engine MRO.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Aircraft Engine MRO company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Aircraft Engine MRO in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Aircraft Engine MRO in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.