Aircraft MRO Market Size and Forecast 2021-2031, Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component, Aircraft Type, End Use, and Geography

List of Tables

The Aircraft MRO Market size was valued at US$ 99,086.94 million in 2024 and is expected to reach US$ 170,482.90 million by 2031; it is estimated to record a CAGR of 8.5% during 2025-2031.

Investing in sustainable aviation fuels (SAFs) and related services presents a significant opportunity for aircraft MRO providers. As the aviation industry intensifies its efforts to reduce carbon emissions and achieve sustainability goals, MRO companies can play a pivotal role in SAF adoption. By offering SAF-related services and technologies, MRO providers can position themselves as leaders in environmental sustainability and contribute to the industry's commitment to greener aviation practices. This opportunity aligns with the growing demand for eco-friendly aviation solutions and can open new revenue streams while fostering a more sustainable future for the sector. For instance, in February 2022, SIA Engineering Company Limited announced a trial using SAF with SIAEC's joint venture with Rolls-Royce and Singapore Aero Engine Services Private Limited (SAESL) to perform engine tests at its engine test facility. This is anticipated to position SIAEC as a sustainability-centric MRO service provider in the coming years. Similarly, in February 2023, Boeing entered into agreements to acquire 5.6 million gallons (equivalent to 21.2 million liters) of blended sustainable aviation fuel (SAF) from Neste, a global leader in SAF production. Boeing's significant SAF procurement highlights a growing opportunity for Aircraft MRO providers.

As airlines prioritize eco-friendly operations, MRO companies can offer services related to SAF integration and usage. This includes retrofitting aircraft to accommodate SAF, conducting SAF-related maintenance, and ensuring compliance with SAF standards and regulations.

The airworthiness of an aircraft can be achieved by scheduling MRO activities of its components at regular intervals. The aircraft MRO market has been analyzed on the basis of revenue generated from these MRO activities. The demand for each component's MRO service is currently on the rise and is expected to grow at a steady rate during the forecast period. The cost incurred in engine MRO enables service providers to generate significantly higher revenues than other components. The cost incurred in maintaining aircraft engines, the maintenance frequency of aircraft engines, and the rise in new and aged aircraft fleets cumulatively led the market for the engine MRO segment from 2021 to 2024, and the market growth is foreseen to continue during the forecast period. Thus, the engine MRO segment is expected to capture the maximum market share and is likely to register the highest CAGR from 2025 to 2031. However, the future of avionics MRO and cabin MRO segments appears to be promising with the rise in the demand for advanced electronics on flight decks and cockpits.

AAR CORP; Barnes Group Inc; GE Aerospace; FLTechnics, UAB; Turkish Technic Inc; Singapore Technologies Engineering Ltd; Lufthansa Technik; Delta TechOps; Rolls-Royce Holdings Plc; and Collins Aerospace are among the key Aircraft MRO Market players that are profiled in this market study.

The overall Aircraft MRO Market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Aircraft MRO Market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Aircraft MRO Market.

Product Code: TIPRE00007899

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Analyst Market Outlook
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Aircraft MRO Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
- 4.3.1 Component Suppliers
- 4.3.2 MRO Service Providers
- 4.3.3 End Users

5. Aircraft MRO Market - Key Market Dynamics

5.1 Aircraft MRO Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Increasing Air Travel
- 5.2.2 Rising Presence of MRO Service Providers in Emerging Economies
- 5.2.3 Growing Integration of Digital Technology in MRO Industry
5.3 Market Restraints
- 5.3.1 OEMs Entering Aftermarket
- 5.3.2 Geopolitical Tensions
5.4 Market Opportunities
- 5.4.1 Retrofitting of Older Aircraft Fleet
- 5.4.2 Increasing Adoption of Sustainable Aviation Fuel (SAF)
5.5 Future Trends
- 5.5.1 Blockchain Technology Changing MRO Landscape
5.6 Impact of Drivers and Restraints:

6. Aircraft MRO Market - Global Market Analysis

6.1 Overview
6.2 Aircraft MRO Market Revenue (US$ Million), 2021-2031
6.3 Aircraft MRO Market Forecast Analysis

7. Aircraft MRO Market Analysis - by Component

7.1 Engine MRO
- 7.1.1 Overview
- 7.1.2 Engine MRO: Aircraft MRO Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Avionics MRO
- 7.2.1 Overview
- 7.2.2 Avionics MRO: Aircraft MRO Market - Revenue and Forecast to 2031 (US$ Million)
7.3 Airframe MRO
- 7.3.1 Overview
- 7.3.2 Airframe MRO: Aircraft MRO Market - Revenue and Forecast to 2031 (US$ Million)
7.4 Cabin MRO
- 7.4.1 Overview
- 7.4.2 Cabin MRO: Aircraft MRO Market - Revenue and Forecast to 2031 (US$ Million)
7.5 Landing Gear MRO
- 7.5.1 Overview
- 7.5.2 Landing Gear MRO: Aircraft MRO Market - Revenue and Forecast to 2031 (US$ Million)
7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: Aircraft MRO Market - Revenue and Forecast to 2031 (US$ Million)

8. Aircraft MRO Market Analysis - by Aircraft Type

8.1 Fixed Wing
- 8.1.1 Overview
- 8.1.2 Fixed Wing: Aircraft MRO Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Rotary Wing
- 8.2.1 Overview
- 8.2.2 Rotary Wing: Aircraft MRO Market - Revenue and Forecast to 2031 (US$ Million)

9. Aircraft MRO Market Analysis - by End Users

9.1 Commercial
- 9.1.1 Overview
- 9.1.2 Commercial: Aircraft MRO Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Military
- 9.2.1 Overview
- 9.2.2 Military: Aircraft MRO Market - Revenue and Forecast to 2031 (US$ Million)

10. Aircraft MRO Market - Geographical Analysis

10.1 Overview
10.2 North America
- 10.2.1 North America Aircraft MRO Market Overview
- 10.2.2 North America: Aircraft MRO Market - Revenue, 2021 - 2031 (US$ Million)
- 10.2.3 North America: Aircraft MRO Market Breakdown, by Component
  - 10.2.3.1 North America: Aircraft MRO Market - Revenue and Forecast Analysis - by Component
- 10.2.4 North America: Aircraft MRO Market Breakdown, by Aircraft Type
  - 10.2.4.1 North America: Aircraft MRO Market - Revenue and Forecast Analysis - by Aircraft Type
- 10.2.5 North America: Aircraft MRO Market Breakdown, by End Users
  - 10.2.5.1 North America: Aircraft MRO Market - Revenue and Forecast Analysis - by End Users
- 10.2.6 North America: Aircraft MRO Market - Revenue and Forecast Analysis - by Country
  - 10.2.6.1 North America: Aircraft MRO Market - Revenue and Forecast Analysis - by Country
  - 10.2.6.2 United States: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.2.6.2.1 United States: Aircraft MRO Market Breakdown, by Component
    - 10.2.6.2.2 United States: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.2.6.2.3 United States: Aircraft MRO Market Breakdown, by End Users
  - 10.2.6.3 Canada: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.2.6.3.1 Canada: Aircraft MRO Market Breakdown, by Component
    - 10.2.6.3.2 Canada: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.2.6.3.3 Canada: Aircraft MRO Market Breakdown, by End Users
  - 10.2.6.4 Mexico: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.2.6.4.1 Mexico: Aircraft MRO Market Breakdown, by Component
    - 10.2.6.4.2 Mexico: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.2.6.4.3 Mexico: Aircraft MRO Market Breakdown, by End Users
10.3 Europe
- 10.3.1 Europe Aircraft MRO Market Overview
- 10.3.2 Europe: Aircraft MRO Market - Revenue, 2021 - 2031 (US$ Million)
- 10.3.3 Europe: Aircraft MRO Market Breakdown, by Component
  - 10.3.3.1 Europe: Aircraft MRO Market - Revenue and Forecast Analysis - by Component
- 10.3.4 Europe: Aircraft MRO Market Breakdown, by Aircraft Type
  - 10.3.4.1 Europe: Aircraft MRO Market - Revenue and Forecast Analysis - by Aircraft Type
- 10.3.5 Europe: Aircraft MRO Market Breakdown, by End Users
  - 10.3.5.1 Europe: Aircraft MRO Market - Revenue and Forecast Analysis - by End Users
- 10.3.6 Europe: Aircraft MRO Market - Revenue and Forecast Analysis - by Country
  - 10.3.6.1 Europe: Aircraft MRO Market - Revenue and Forecast Analysis - by Country
  - 10.3.6.2 Germany: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.3.6.2.1 Germany: Aircraft MRO Market Breakdown, by Component
    - 10.3.6.2.2 Germany: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.3.6.2.3 Germany: Aircraft MRO Market Breakdown, by End Users
  - 10.3.6.3 France: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.3.6.3.1 France: Aircraft MRO Market Breakdown, by Component
    - 10.3.6.3.2 France: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.3.6.3.3 France: Aircraft MRO Market Breakdown, by End Users
  - 10.3.6.4 Italy: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.3.6.4.1 Italy: Aircraft MRO Market Breakdown, by Component
    - 10.3.6.4.2 Italy: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.3.6.4.3 Italy: Aircraft MRO Market Breakdown, by End Users
  - 10.3.6.5 United Kingdom: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.3.6.5.1 United Kingdom: Aircraft MRO Market Breakdown, by Component
    - 10.3.6.5.2 United Kingdom: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.3.6.5.3 United Kingdom: Aircraft MRO Market Breakdown, by End Users
  - 10.3.6.6 Russia: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.3.6.6.1 Russia: Aircraft MRO Market Breakdown, by Component
    - 10.3.6.6.2 Russia: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.3.6.6.3 Russia: Aircraft MRO Market Breakdown, by End Users
  - 10.3.6.7 Rest of Europe: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.3.6.7.1 Rest of Europe: Aircraft MRO Market Breakdown, by Component
    - 10.3.6.7.2 Rest of Europe: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.3.6.7.3 Rest of Europe: Aircraft MRO Market Breakdown, by End Users
10.4 Asia Pacific
- 10.4.1 Asia Pacific Aircraft MRO Market Overview
- 10.4.2 Asia Pacific: Aircraft MRO Market - Revenue, 2021 - 2031 (US$ Million)
- 10.4.3 Asia Pacific: Aircraft MRO Market Breakdown, by Component
  - 10.4.3.1 Asia Pacific: Aircraft MRO Market - Revenue and Forecast Analysis - by Component
- 10.4.4 Asia Pacific: Aircraft MRO Market Breakdown, by Aircraft Type
  - 10.4.4.1 Asia Pacific: Aircraft MRO Market - Revenue and Forecast Analysis - by Aircraft Type
- 10.4.5 Asia Pacific: Aircraft MRO Market Breakdown, by End Users
  - 10.4.5.1 Asia Pacific: Aircraft MRO Market - Revenue and Forecast Analysis - by End Users
- 10.4.6 Asia Pacific: Aircraft MRO Market - Revenue and Forecast Analysis - by Country
  - 10.4.6.1 Asia Pacific: Aircraft MRO Market - Revenue and Forecast Analysis - by Country
  - 10.4.6.2 Australia: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.4.6.2.1 Australia: Aircraft MRO Market Breakdown, by Component
    - 10.4.6.2.2 Australia: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.4.6.2.3 Australia: Aircraft MRO Market Breakdown, by End Users
  - 10.4.6.3 China: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.4.6.3.1 China: Aircraft MRO Market Breakdown, by Component
    - 10.4.6.3.2 China: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.4.6.3.3 China: Aircraft MRO Market Breakdown, by End Users
  - 10.4.6.4 India: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.4.6.4.1 India: Aircraft MRO Market Breakdown, by Component
    - 10.4.6.4.2 India: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.4.6.4.3 India: Aircraft MRO Market Breakdown, by End Users
  - 10.4.6.5 Japan: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.4.6.5.1 Japan: Aircraft MRO Market Breakdown, by Component
    - 10.4.6.5.2 Japan: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.4.6.5.3 Japan: Aircraft MRO Market Breakdown, by End Users
  - 10.4.6.6 South Korea: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.4.6.6.1 South Korea: Aircraft MRO Market Breakdown, by Component
    - 10.4.6.6.2 South Korea: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.4.6.6.3 South Korea: Aircraft MRO Market Breakdown, by End Users
  - 10.4.6.7 Rest of APAC: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.4.6.7.1 Rest of APAC: Aircraft MRO Market Breakdown, by Component
    - 10.4.6.7.2 Rest of APAC: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.4.6.7.3 Rest of APAC: Aircraft MRO Market Breakdown, by End Users
10.5 Middle East and Africa
- 10.5.1 Middle East and Africa Aircraft MRO Market Overview
- 10.5.2 Middle East and Africa: Aircraft MRO Market - Revenue, 2021 - 2031 (US$ Million)
- 10.5.3 Middle East and Africa: Aircraft MRO Market Breakdown, by Component
  - 10.5.3.1 Middle East and Africa: Aircraft MRO Market - Revenue and Forecast Analysis - by Component
- 10.5.4 Middle East and Africa: Aircraft MRO Market Breakdown, by Aircraft Type
  - 10.5.4.1 Middle East and Africa: Aircraft MRO Market - Revenue and Forecast Analysis - by Aircraft Type
- 10.5.5 Middle East and Africa: Aircraft MRO Market Breakdown, by End Users
  - 10.5.5.1 Middle East and Africa: Aircraft MRO Market - Revenue and Forecast Analysis - by End Users
- 10.5.6 Middle East and Africa: Aircraft MRO Market - Revenue and Forecast Analysis - by Country
  - 10.5.6.1 Middle East and Africa: Aircraft MRO Market - Revenue and Forecast Analysis - by Country
  - 10.5.6.2 South Africa: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.5.6.2.1 South Africa: Aircraft MRO Market Breakdown, by Component
    - 10.5.6.2.2 South Africa: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.5.6.2.3 South Africa: Aircraft MRO Market Breakdown, by End Users
  - 10.5.6.3 Saudi Arabia: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.5.6.3.1 Saudi Arabia: Aircraft MRO Market Breakdown, by Component
    - 10.5.6.3.2 Saudi Arabia: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.5.6.3.3 Saudi Arabia: Aircraft MRO Market Breakdown, by End Users
  - 10.5.6.4 United Arab Emirates: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.5.6.4.1 United Arab Emirates: Aircraft MRO Market Breakdown, by Component
    - 10.5.6.4.2 United Arab Emirates: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.5.6.4.3 United Arab Emirates: Aircraft MRO Market Breakdown, by End Users
  - 10.5.6.5 Rest of Middle East and Africa: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.5.6.5.1 Rest of Middle East and Africa: Aircraft MRO Market Breakdown, by Component
    - 10.5.6.5.2 Rest of Middle East and Africa: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.5.6.5.3 Rest of Middle East and Africa: Aircraft MRO Market Breakdown, by End Users
10.6 South America
- 10.6.1 South America Aircraft MRO Market Overview
- 10.6.2 South America: Aircraft MRO Market - Revenue, 2021 - 2031 (US$ Million)
- 10.6.3 South America: Aircraft MRO Market Breakdown, by Component
  - 10.6.3.1 South America: Aircraft MRO Market - Revenue and Forecast Analysis - by Component
- 10.6.4 South America: Aircraft MRO Market Breakdown, by Aircraft Type
  - 10.6.4.1 South America: Aircraft MRO Market - Revenue and Forecast Analysis - by Aircraft Type
- 10.6.5 South America: Aircraft MRO Market Breakdown, by End Users
  - 10.6.5.1 South America: Aircraft MRO Market - Revenue and Forecast Analysis - by End Users
- 10.6.6 South America: Aircraft MRO Market - Revenue and Forecast Analysis - by Country
  - 10.6.6.1 South America: Aircraft MRO Market - Revenue and Forecast Analysis - by Country
  - 10.6.6.2 Brazil: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.6.6.2.1 Brazil: Aircraft MRO Market Breakdown, by Component
    - 10.6.6.2.2 Brazil: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.6.6.2.3 Brazil: Aircraft MRO Market Breakdown, by End Users
  - 10.6.6.3 Argentina: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.6.6.3.1 Argentina: Aircraft MRO Market Breakdown, by Component
    - 10.6.6.3.2 Argentina: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.6.6.3.3 Argentina: Aircraft MRO Market Breakdown, by End Users
  - 10.6.6.4 Rest of South America: Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.6.6.4.1 Rest of South America: Aircraft MRO Market Breakdown, by Component
    - 10.6.6.4.2 Rest of South America: Aircraft MRO Market Breakdown, by Aircraft Type
    - 10.6.6.4.3 Rest of South America: Aircraft MRO Market Breakdown, by End Users

11. Competitive Landscape

11.1 Market Concentration
11.2 Company Market Share Analysis, 2024

12. Industry Landscape

12.1 Overview
12.2 Market Initiative

13. Company Profiles

13.1 AAR CORP
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Barnes Group Inc
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 GE Aerospace
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 FLTechnics, UAB.
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Turkish Technic Inc.
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Singapore Technologies Engineering Ltd
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Lufthansa Technik
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Delta TechOps
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Rolls-Royce Holdings Plc
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 Collins Aerospace
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners