Global Aerospace And Defense Mro Market Size & Outlook
The aerospace and defense mro industry worldwide is expected to reach a projected revenue of US$ 173,182.5 million by 2030. A compound annual growth rate of 5.5% is expected of the worldwide aerospace and defense mro industry from 2022 to 2030.
Revenue, 2021 (US$M)
$107,100.7
Forecast, 2030 (US$M)
$173,182.5
CAGR, 2022 - 2030
5.5%
Report Coverage
Worldwide
Global aerospace and defense mro market, 2018-2030 (US$M)
Related Markets
Global aerospace and defense mro market highlights
- The global aerospace and defense mro market generated a revenue of USD 107,100.7 million in 2021 and is expected to reach USD 173,182.5 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 5.5% by 2030.
- In terms of segment, engine accounted for a revenue of USD 43,072.4 million in 2021.
- Line is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2021.
- Country-wise, UAE is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 107,100.7 million |
| Market revenue in 2030 | USD 173,182.5 million |
| Growth rate | 5.5% (CAGR from 2021 to 2030) |
| Largest segment | Engine |
| Fastest growing segment | Line |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Engine, Airframe, Line, Components |
Other key industry trends
- In terms of revenue, the North America accounted for 27.2% of the global aerospace and defense mro market in 2021.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, UAE is the fastest growing regional market and is projected to reach USD 3,389.5 million by 2030.
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Aerospace And Defense MRO Market Scope
Aerospace and defense mro market segmentation & scope
Single Aisle (Narrow Body) Aircraft
Twin Aisle (Wide Body) Aircraft
Regional Aircraft
Others
Aerospace And Defense MRO Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global aerospace and defense mro market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerospace and defense mro market will help companies and investors design strategic landscapes.
engine was the largest segment with a revenue share of 40.22% in 2021. Horizon Databook has segmented the Global aerospace and defense mro market based on engine, airframe, line, components covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Aerospace And Defense MRO Product Outlook (Revenue, USD Million, 2018-2030)
- Engine
- Airframe
- Line
- Components
- Global Aerospace And Defense MRO Aircraft Type Outlook (Revenue, USD Million, 2018-2030)
- Single Aisle (Narrow Body) Aircraft
- Twin Aisle (Wide Body) Aircraft
- Regional Aircraft
- Others
- Global Aerospace And Defense MRO End-Use Outlook (Revenue, USD Million, 2018-2030)
- Commercial
- Business & General Aviation
- Military
- Others
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Our clientele includes a mix of aerospace and defense mro market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global aerospace and defense mro market , including forecasts for subscribers. This global databook contains high-level insights into Global aerospace and defense mro market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global aerospace and defense mro market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Aerospace and defense mro market size, 2021 (USD Million)
Top 10 countries: Aerospace and defense mro market size, 2021 (USD Million)
Global aerospace and defense mro market, by region, 2021 (US$M)
Related regional statistics
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