Aircraft Engine MRO Market

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 MRO system can be understood as a complex socio-technical system organized and operated to achieve aircraft availability and operation safety at minimal cost. As a complex socio-technical system, it consists of various layers: The environmental context, organizational structure, management, infrastructure, workers and the technical core.

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

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

Global top five companies in 2021 (%)

The global Aircraft Engine MRO market was valued at 38420 million in 2021 and is projected to reach US$ 66840 million by 2028, at a CAGR of 8.2% during the forecast period.

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

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

The global key manufacturers of Aircraft Engine MRO include GE, Rolls-Royce, MTU Maintenance, Lufthansa Technik, Pratt & Whitney, Air France/KLM, Snecma, Delta TechOps and Standard Aero, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Aircraft Engine 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 Aircraft Engine MRO Market, by Type, 2017-2022, 2023-2028 ($ millions)

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

Maintenance

Repair

Overhaul

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

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

Civil Aircraft

Military Aircraft

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

Global Aircraft Engine 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 Aircraft Engine MRO revenues in global market, 2017-2022 (estimated), ($ millions)

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

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

GE

Rolls-Royce

MTU Maintenance

Lufthansa Technik

Pratt & Whitney

Air France/KLM

Snecma

Delta TechOps

Standard Aero

BBA Aviation

Chromalloy

ITP

Air New Zealand

Bet Shemesh

IAI

Wood Group Turbopower

Sigma Aerospace

Hellenic Aerospace

Sabraliner

Asia Pacific Aerospace