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Aerospace MRO in North America

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    Report

  • 44 Pages
  • January 2025
  • Region: North America
  • GlobalData
  • ID: 5973363
Aerospace MRO in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Aerospace MRO refers to the maintenance, repair, and overhaul of an aircraft or its parts. It includes all the actions which have the objective of retaining or restoring the items or components of an aircraft. The scope includes both civil and military aerospace. Civil aerospace includes cargo aircraft and passenger aircraft. Passenger aircraft can be owned by private operators, commercial operators, and government agencies. Military aerospace includes state/government/country-owned military aircraft, which are used for defense, security, training, and transport purposes. Market value represents revenue generated by market players in a specific year.
  • The North American aerospace MRO market recorded revenues of $29.05 billion in 2024, representing a negative compound annual growth rate (CAGR) of 3.0% between 2019 and 2024.
  • The engine overhaul segment accounted for the market's largest proportion in 2024, with total revenues of $12.73 billion, equivalent to 43.8% of the market's overall value.
  • North America held 25.0% of the market share in the global aerospace MRO market in 2024.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace mro market in North America
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace mro market in North America
  • Leading company profiles reveal details of key aerospace mro market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the North America aerospace mro market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the North America aerospace mro market by value in 2024?
  • What will be the size of the North America aerospace mro market in 2029?
  • What factors are affecting the strength of competition in the North America aerospace mro market?
  • How has the market performed over the last five years?
  • Who are the top competitors in North America's aerospace mro market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. American Airlines Group Inc
8.2. Delta Air Lines Inc
8.3. Triumph Group Inc
8.4. Bombardier Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related the analyst research
10.4. About the Analyst
List of Tables
Table 1: North America aerospace MRO market value: $ million, 2019-24
Table 2: North America aerospace MRO market category segmentation: % share, by value, 2019-24
Table 3: North America aerospace MRO market category segmentation: $ million, 2019-24
Table 4: North America aerospace MRO market geography segmentation: $ million, 2024
Table 5: North America aerospace MRO market value forecast: $ million, 2024-29
Table 6: American Airlines Group Inc: Key Facts
Table 7: American Airlines Group Inc: annual financial ratios
Table 8: American Airlines Group Inc: key employees
Table 9: Delta Air Lines Inc: Key Facts
Table 10: Delta Air Lines Inc: annual financial ratios
Table 11: Delta Air Lines Inc: key employees
Table 12: Triumph Group Inc: Key Facts
Table 13: Triumph Group Inc: annual financial ratios
Table 14: Triumph Group Inc: key employees
Table 15: Bombardier Inc: Key Facts
Table 16: Bombardier Inc: annual financial ratios
Table 17: Bombardier Inc: key employees
Table 18: North America Exchange Rate, 2019-24
List of Figures
Figure 1: North America aerospace MRO market value: $ million, 2019-24
Figure 2: North America aerospace MRO market category segmentation: $ million, 2019-24
Figure 3: North America aerospace MRO market geography segmentation: % share, by value, 2024
Figure 4: North America aerospace MRO market value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the aerospace MRO market in North America, 2024
Figure 6: Drivers of buyer power in the aerospace MRO market in North America, 2024
Figure 7: Drivers of supplier power in the aerospace MRO market in North America, 2024
Figure 8: Factors influencing the likelihood of new entrants in the aerospace MRO market in North America, 2024
Figure 9: Factors influencing the threat of substitutes in the aerospace MRO market in North America, 2024
Figure 10: Drivers of degree of rivalry in the aerospace MRO market in North America, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • American Airlines Group Inc
  • Delta Air Lines Inc
  • Triumph Group Inc
  • Bombardier Inc