Italy Aerospace And Defense Mro Market Size & Outlook

The aerospace and defense mro market in Italy is expected to reach a projected revenue of US$ 5,602.6 million by 2030. A compound annual growth rate of 3.1% is expected of Italy aerospace and defense mro market from 2022 to 2030.
Revenue, 2021 (US$M)
$4,238.4
Forecast, 2030 (US$M)
$5,602.6
CAGR, 2022 - 2030
3.1%
Report Coverage
Italy

Italy aerospace and defense mro market highlights

  • The Italy aerospace and defense mro market generated a revenue of USD 4,238.4 million in 2021 and is expected to reach USD 5,602.6 million by 2030.
  • The Italy market is expected to grow at a CAGR of 3.1% 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 2021USD 4,238.4 million
Market revenue in 2030USD 5,602.6 million
Growth rate3.1% (CAGR from 2021 to 2030)
Largest segmentEngine
Fastest growing segmentLine
Historical data2018 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEngine, Airframe, Line, Components
Key market players worldwideAAR 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, Italy accounted for 4.0% 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 Europe, UK aerospace and defense mro market is projected to lead the regional market in terms of revenue in 2030.
  • Spain is the fastest growing regional market in Europe and is projected to reach USD 8,415.8 million by 2030.

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Aerospace And Defense MRO Market Companies

Name Profile # Employees HQ Website

Italy 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 35.04% in 2021. Horizon Databook has segmented the Italy aerospace and defense mro market based on engine, airframe, line, components covering the revenue growth of each sub-segment from 2018 to 2030.


According to National Aerospace Technological Cluster (CTNA), the Italian aerospace industry is the fourth largest in Europe and the seventh largest in the world by revenue. The aerospace industry in the country plays an important role for regional economic development.

As per Italian Aerospace Industry Federation (AIAD), about two-thirds of the sector is made up of companies that supply aircraft, spacecraft, and related devices along with companies specialized in aircraft MRO services.

The sector is strongly connected to the country's GDP, wherein these key industry participants work closely with airlines, local aftermarket parts suppliers, and third-party MRO companies to encourage symbiotic sustainability in aerospace and defense MRO sector.

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Horizon Databook provides a detailed overview of country-level data and insights on the Italy aerospace and defense mro market , including forecasts for subscribers. This country databook contains high-level insights into Italy aerospace and defense mro market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Italy aerospace and defense mro market size, by product, 2018-2030 (US$M)

Italy Aerospace And Defense MRO Market Outlook Share, 2021 & 2030 (US$M)

Italy aerospace and defense mro market size, by product, 2018-2030 (US$M)

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