Indonesia Aerospace And Defense Mro Market Size & Outlook
Indonesia aerospace and defense mro market, 2018-2030 (US$M)
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Indonesia aerospace and defense mro market highlights
- The Indonesia aerospace and defense mro market generated a revenue of USD 1,308.5 million in 2021 and is expected to reach USD 2,015.9 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 4.9% from 2022 to 2030.
- In terms of segment, engine was the largest revenue generating product in 2021.
- Line is the most lucrative product segment registering the fastest growth during the forecast period.
Aerospace and defense mro market data book summary
| Market revenue in 2021 | USD 1,308.5 million |
| Market revenue in 2030 | USD 2,015.9 million |
| Growth rate | 4.9% (CAGR from 2021 to 2030) |
| Largest segment | Engine |
| Fastest growing segment | Line |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Engine, Airframe, Line, Components |
| Key market players worldwide | AAR Corp, SIA Engineering Co Ltd, Embraer SA ADR, Air France-KLM, RTX Corp, Delta Air Lines Inc, General Dynamics Corp, MTU Aero Engines AG, Deutsche Lufthansa AG, Honeywell International Inc, Boeing Co |
Other key industry trends
- In terms of revenue, Indonesia accounted for 1.2% of the global aerospace and defense mro market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China aerospace and defense mro market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 32,225.2 million by 2030.
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Aerospace And Defense MRO Market Scope
Aerospace And Defense MRO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Indonesia 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 47.48% in 2021. Horizon Databook has segmented the Indonesia aerospace and defense mro market based on engine, airframe, line, components covering the revenue growth of each sub-segment from 2018 to 2030.
Indonesia is the one of major aviation markets in Southeast Asian countries. The country comprises five major islands and thousands of small islands, which make it the largest archipelagic country in the world.
The aerospace industry of Indonesia has recorded significant growth over the past few years marked by an increasing number of air passengers, expanding aircraft fleets, and rising number of flights.
Due to its unique geographical conditions, coupled with growing middle-class and flourishing domestic and international tourism industry, the aerospace sector in Indonesia offers huge investment opportunities to global aerospace companies.
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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 country-level data and insights on the Indonesia aerospace and defense mro market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia aerospace and defense mro market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Indonesia aerospace and defense mro market size, by product, 2018-2030 (US$M)
Indonesia Aerospace And Defense MRO Market Outlook Share, 2021 & 2030 (US$M)
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