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 aims to provide a comprehensive presentation of the global market for Aircraft Engine MRO, 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. 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, 2018-2023, 2024-2029, ($ millions)

Global top five companies in 2022 (%)

The global Aircraft Engine MRO market was valued at US$ 38420 million in 2022 and is projected to reach US$ 66840 million by 2029, at a CAGR of 8.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global Aircraft Engine MRO key players include GE, Rolls-Royce, MTU Maintenance, Lufthansa Technik, Pratt & Whitney, etc. Global top five manufacturers hold a share over 50%.

North America is the largest market, with a share over 35%, followed by Europe and Asia Pacific, both have a share over 40%.

In terms of product, Overhaul is the largest segment, with a share over 60%. And in terms of application, the largest application is Civil Aircraft, followed by Military Aircraft, etc.

We 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, 2018-2023, 2024-2029 ($ millions)

Global Aircraft Engine MRO Market Segment Percentages, by Type, 2022 (%)

Maintenance

Repair

Overhaul

Global Aircraft Engine MRO Market, by Application, 2018-2023, 2024-2029 ($ millions)

Global Aircraft Engine MRO Market Segment Percentages, by Application, 2022 (%)

Civil Aircraft

Military Aircraft

Global Aircraft Engine MRO Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)

Global Aircraft Engine MRO Market Segment Percentages, By Region and Country, 2022 (%)

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, 2018-2023 (estimated), ($ millions)

Key companies Aircraft Engine MRO revenues share in global market, 2022 (%)

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

Outline of Major Chapters:

Chapter 1: Introduces the definition of Aircraft Engine MRO, market overview.

Chapter 2: Global Aircraft Engine MRO market size in revenue.

Chapter 3: Detailed analysis of Aircraft Engine MRO company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: 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 5: 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 6: Sales of Aircraft Engine MRO in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.