Aircraft Maintenance Repair Overhaul MRO Market Report 2025 (Global Edition)

Global Aircraft Maintenance Repair Overhaul MRO Market Report 2025 Market Size Split by Service Type (Engine Overhaul, Airframe Maintenance, Line Maintenance, Modification, Components), by Organizatio...

Aircraft Maintenance Repair Overhaul MRO Market Report Description

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Aircraft Maintenance Repair Overhaul MRO Market Insights Video

Competitive Landscape of the Aircraft Maintenance Repair Overhaul MRO Market

The major players rapidly evolve with new strategies to attain a competitive edge and capture significant market share. The major aircraft maintenance repair overhaul MRO market participants emphasize expanding creative offerings to serve a large consumer base and gain a competitive benefit.

Aircraft Maintenance Repair Overhaul MRO Industry News

• In August 2022, Airbus partnered with GMR Group to provide aircraft maintenance training to young aviation engineers. Partnership with GMR marks a substantial enhancement of MRO capabilities in India to meet the rising demand from the domestic aviation sector.

(Source: aircraft.airbus.com/en/newsroom/press-releases/2022-08-airbus-partners-with-gmr-to-power-aircraft-maintenance-engineering#:~:text=New%20Delhi%2C%20August%202%2C%202022,making%20a%20trending%20career%20choice.)

Top Companies Market Share in Aircraft Maintenance Repair Overhaul MRO Industry: (In no particular order of Rank)

• AAR
• Airbus
• Delta Air Lines Inc.
• Hong Kong Aircraft Engineering Company Limited
• KLM UK Engineering Limited
• Lufthansa Technik
• MTU Aero Engines AG
• ST Engineering
• Raytheon Technologies Corporation
• GENERAL ELECTRIC
• L3Harris Technologies
• Inc
• SIA Engineering Company
• Rolls-Royce plc
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

In terms of revenue, the North America Aircraft Maintenance Repair Overhaul (MRO) Market share was 40% of the total market

According to Cognitive Market Research, North America dominated the market in 2023. It accounted for around 40% of the global revenue, owing to the region's large and diverse fleet, stringent regulatory standards, and the continual need for upgrades. With an active aviation sector and a significant concentration of airlines and MRO service providers, the region remains essential for aircraft maintenance activities. This dominance highlights North America's essential role in establishing the worldwide landscape of Aircraft MRO services and ensuring the safety of a significant portion of the world's aircraft.

Europe is the fastest-growing region due to a booming aviation sector, technological advances, and a growing emphasis on sustainable flying practices. With a growing need for specialized MRO services, Europe's strategic place as an aviation hub adds considerably to the region's dynamic and developing role in creating the entire landscape of Aircraft MRO services. Further, the European MRO industry depends on innovation, regulatory compliance, and investment, positioning the area as a leader in the evolution of aircraft MRO services.

The current report Scope analyzes Aircraft Maintenance Repair Overhaul MRO Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Aircraft Maintenance Repair Overhaul MRO Market Analysis

According to Cognitive Market Research, the global aircraft maintenance repair overhaul MRO market size was estimated at USD 72.8 Billion, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 29.12 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 4.00% from 2023 to 2030 due to expanding aviation industry and increasing demand for air travel. Growing demand for air travel and the necessity for fleet modernization drives the demand for complete MRO services. According to Cognitive Market Research, More stringent regulatory standards and a persistent commitment to aviation safety in North America contribute significantly to the growing need for MRO solutions. In conclusion, the region's technical expertise and innovation play a critical part in addressing the complexity of modern aircraft, boosting North America's position as a significant influencer in the growing aircraft MRO environment.

Europe Aircraft Maintenance Repair Overhaul MRO Market Analysis

According to Cognitive Market Research, with a market value of USD 72.8 billion in 2023 and projected to expand at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030, Europe accounted for a share of over 30% of the global market size of USD XX billion due to the growth in the number of aircraft in service has been a key driver for the MRO market. As airlines expand their fleets to meet rising passenger demand, maintenance and repair services demand also increases. Additionally, aviation authorities establish stringent safety requirements, encouraging airlines to comply with high maintenance standards. This increases demand for MRO services to ensure that aircraft follow regulatory criteria. According to Cognitive Market Research, the aviation sector continues to grow as technological advances occur. Modern aircraft types may have complex technologies that need specific maintenance understanding. MRO companies that can supply innovative solutions have a competitive advantage. In conclusion, The European Aircraft MRO market is driven by fleet growth, regulatory compliance, technology developments, and a focus on cost-effective solutions; adapting to changes in the industry is essential for long-term success. 

Asia Pacific Aircraft Maintenance Repair Overhaul MRO Market Analysis

According to Cognitive Market Research, the global aircraft maintenance repair overhaul MRO market size was estimated at USD 72.8 Billion, out of which Asia Pacific held the market of more than 22% of the global revenue with market size of USD 16.02 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 7.00% from 2023 to 2030 due to due to increased air travel, expanding fleets, strategic location, government support, aging aircraft, and technological advancements. The region's rising middle class and disposable incomes have increased air travel demand. This growing demand needs regular maintenance and repair services, propelling the MRO industry forward. According to Cognitive Market Research, the region's significant global position makes it an essential stop for long-haul flights linking various continents. This raises the need for well-maintained aircraft, increasing demand for MRO services to ensure reliability and security on long-distance flights. In conclusion, the Asia Pacific Aircraft MRO market is flourishing due to rising air travel, expanding fleets, strategic location, government support, aging aircraft, and technological advancements, positioning the region as a key player in the global aviation landscape.

South America Aircraft Maintenance Repair Overhaul MRO Market Analysis

According to Cognitive Market Research, the global aircraft maintenance repair overhaul MRO market size was estimated at USD 72.8 Billion out of which the Latin America market has more than 5% of the global revenue with market size of USD 3.64 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2023 to 2030 due to increase in air travel demand, fueled by economic growth and rising middle-class populations, has led to a higher demand for maintenance services. As consumer preferences evolve and the beauty industry expands, Latin America remains a promising aircraft maintenance repair overhaul MRO market. According to Cognitive Market Research, government and corporate investments in aviation infrastructure, such as airports and MRO facilities, assist the industry in growing. The need for maintenance and overhaul services grows as aircraft age, generating opportunities for MRO businesses. In conclusion, the Latin American aircraft maintenance and repair industry is growing due to increased air traffic, improvements to infrastructure, aging fleets, strategic positioning, and market modernization. Due to this dynamic climate, the area has emerged as a prominent global aviation maintenance sector participant. 

Middle East Aircraft Maintenance Repair Overhaul MRO Market Analysis

According to Cognitive Market Research, the global aircraft maintenance repair overhaul MRO market size was estimated at USD 72.8 Billion out of which Middle East and Africa held the major market of more than 3% of the global revenue with market size of USD 2.18 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5.1% from 2023 to 2030 due to rapid growth of the aviation sector in the Middle East and Africa, with the emergence of major airlines and increased air travel, drives the demand for MRO services. According to Cognitive Market Research, The region's significant position as a worldwide aviation center, operating as an intersection for long-distance flights, increases the demand for efficient and high-quality MRO services. Government investments in aviation infrastructure and facilities promote the development of the MRO business, boosting its capabilities. In conclusion, the aircraft MRO market in the Middle East and Africa is increasing rapidly, owing to the growing aviation sector, advantageous geographical location, government investments, fleet modernization, and market flexibility. This establishes the region as an essential participant in the global aviation maintenance environment, including plans for ongoing growth in the coming years.

Aircraft Maintenance Repair Overhaul MRO Market Analysis

Aircraft Maintenance Repair Overhaul (MRO) Market Service Type Segment Analysis

According to Cognitive Market Research, engine overhaul holds a significant market share in the Aircraft MRO market. This dominance is due to the crucial function engines play in aircraft performance that require regular overhauls to ensure optimal performance. As the international fleet increases and modern engines become more complex, the demand for specialty engine MRO services grows. This trend has been driven by the aim of increased economy, reliability, and compliance with demanding aviation requirements, establishing engine overhaul as an essential component of the market's long-term growth.

The component segment has emerged as the fastest-growing sector in the Aircraft MRO market. Increased advances in technology and aircraft complexity enhance the need for specific component maintenance. As airlines focus on reliability and effectiveness, the component MRO market grows rapidly, playing an important role in satisfying the aviation industry's shifting demands and contributing significantly to the overall development of Aircraft MRO services.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Aircraft Maintenance Repair Overhaul MRO Industry. Request a Free Sample PDF!

Aircraft Maintenance Repair Overhaul (MRO) Market Organization Type Segment Analysis

According to Cognitive Market Research, The independent MRO segment commands a substantial share of the Aircraft MRO market. Independent MRO suppliers are important as third-party service providers offer different and competitive options. Airlines increasingly rely on independent MROs for cost-effective and specific services, leading to the segment's larger market share. This trend highlights the significance of independent MROs in the aviation ecosystem, altering the competitive environment and driving overall growth in the Aircraft MRO market.

The Original Equipment Manufacturer (OEM) MRO segment emerges as the fastest-growing sector in the Aircraft MRO market. With OEMs extending their MRO services, airlines increasingly turn to them for comprehensive solutions that benefit from original equipment competence. This growth is driven by a demand for integrated services, better technical knowledge, and quality assurance, establishing OEM MRO as a dynamic force driving the evolution of the Aircraft MRO market.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Aircraft Maintenance Repair Overhaul MRO Aircraft Type Segment Analysis

Aircraft Maintenance Repair Overhaul (MRO) Market Aircraft Type Segment Analysis

According to Cognitive Market Research, narrow-body aircraft hold a prominent share of the Aircraft MRO market. With the development of narrow-body fleets driven by the efficiency and adaptability of these aircraft, the need for specialized MRO services for this sector remains significant. Airlines prioritize customized maintenance for narrow-body aircraft, significantly increasing the market share held by this specific category and underlining its crucial role in the overall spectrum of aircraft MRO services.

The wide-body aircraft segment is the fastest-growing sector in the MRO market. The growing worldwide demand for long-distance travel and cargo transportation encourages the rise of wide-body fleets. The rapid expansion of wide-body aircraft MRO services adds significantly to the dynamic landscape of the global Aircraft MRO industry.

• Narrow-Body
• Wide-Body
• Regional Jet
• Others

Aircraft Maintenance Repair Overhaul MRO Generation Segment Analysis

Aircraft Maintenance Repair Overhaul (MRO) Market Generation Segment Analysis

According to Cognitive Market Research, the new-generation aircraft segment holds a substantial share of the Aircraft MRO market. As airlines invest in modern, fuel-efficient fleets with cutting-edge technology, the need for specialized MRO services for New Generation aircraft remains essential. The industry's dedication to keeping at the forefront of innovation, assuring the optimal performance and durability of the current generation of aircraft within the larger landscape of Aircraft MRO services, is shown by this segment's considerable market share.

The mid-generation aircraft segment is the fastest-growing sector in the Aircraft MRO market. As a bridge between older and newer aircraft, the Mid-Generation category experiences increased demand for specialized MRO services. As airlines upgrade their fleets, this segment plays a critical role, reflecting the ever-evolving nature of the aviation industry and substantially contributing to the growing landscape of Aircraft MRO services.

• Old Generation
• Mid Generation
• New Generation

Author's Detail

Tushar Jaybhaye

Senior Research Associate at Cognitive Market Research

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A results driven Market Research Senior Associate with 4 years of experience delivering actionable insights across diverse industries including consumer goods, healthcare, technology, and industrial sectors. Skilled in designing and executing both qualitative and quantitative research methodologies, competitive benchmarking, and data-driven strategy development. Adept at transforming complex market data into clear, strategic recommendations for product development, go-to-market planning, and business expansion.

Author's Conclusion