Aerospace MRO Market Report

Global Aerospace MRO 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 global aerospace MRO market recorded revenues of $116.4 billion in 2024, representing a negative compound annual growth rate (CAGR) of 3.1% between 2019 and 2024.
• The engine overhaul segment accounted for the market's largest proportion in 2024, with total revenues of $55.7 billion, equivalent to 47.9% of the market's overall value.
• The Asia-Pacific held 32.1% of the market share and was the largest aerospace MRO market in the world followed by Europe at 25.9%, North America at 25.0%, Middle East & Africa at 11.6%, and South America at 5.6% 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 the global
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global aerospace mro market
• 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 Global aerospace mro market with five year forecasts by both value and volume

Reasons to Buy

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