Aerospace MRO market

Aerospace MRO Market Size, Share - Global Outlook and Forecast 2022-2028

  • 08 February 2022
  • ICT & Media
  • 66 Pages
  • Report code : PMR-6847314

  • 4.7 (158)

Aerospace MRO Market

COMPANIES COVERED

Airbus
Air France KLM Engineering & Maintenance
Air Works
Delta TechOps
HAECO
Honeywell International
GMF AeroAsia
Lufthansa Technik
Jet Maintenance Solutions
ST Aerospace

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Air travel in emerging countries is growing, thus increasing the demand for aircraft MRO services. Many new MRO service centers have been setup in numerous countries in recently. This increases the participation of regional companies (tier-II or tier-III suppliers) in the field of aircraft MRO. Moreover, the growing international trade between countries have increased frequencies of cargo planes. Thus, it is essential to conduct timely checks and repairs on airplanes to ensure efficient performance and safe air travel. The market is driven by various factors such as increased focus of OEMs on aircraft MRO service and rapid aircraft fleet expansion.

Aerospace MRO Market contains market size and forecasts of Aerospace MRO in Global, including the following market information:

Global Aerospace MRO Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Aerospace MRO market was valued at 32700 million in 2021 and is projected to reach US$ 47090 million by 2028, at a CAGR of 5.3% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Engine Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Aerospace MRO include Airbus, Air France KLM Engineering & Maintenance, Air Works, Delta TechOps, HAECO, Honeywell International, GMF AeroAsia, Lufthansa Technik and Jet Maintenance Solutions and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Aerospace MRO companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Aerospace MRO Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Aerospace MRO Market Segment Percentages, by Type, 2021 (%)

Engine

Component

Line Maintenance

Airframe

Modifications

Global Aerospace MRO Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Aerospace MRO Market Segment Percentages, by Application, 2021 (%)

Commercial Air Transport

Business and General Aviation

Military Aviation

Global Aerospace MRO Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Aerospace MRO Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Aerospace MRO revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Aerospace MRO revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Airbus

Air France KLM Engineering & Maintenance

Air Works

Delta TechOps

HAECO

Honeywell International

GMF AeroAsia

Lufthansa Technik

Jet Maintenance Solutions

ST Aerospace

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