Market revenue in 2021 | USD 1,381.0 million |
Market revenue in 2030 | USD 2,629.6 million |
Growth rate | 7.4% (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 |
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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 47.92% in 2021. Horizon Databook has segmented the Malaysia aerospace and defense mro market based on engine, airframe, line, components covering the revenue growth of each sub-segment from 2018 to 2030.
Aerospace and defense MRO market in Malaysia has a limited capabilities and primarily serves the domestic customers of the country. However, over the past decade, the market in the country has now grown significantly to become one of the key markets in Southeast Asia, with over 230 domestic and foreign companies operating in it.
As the country is a strategic gateway to key markets leveraging Free Trade Areas (FTA), the Government of Malaysia has implemented 14 FTA leading to the development of a complete ecosystem. This ecosystem comprises research and development activities, engineering, designing, and manufacturing operations, and MRO services.
Horizon Databook provides a detailed overview of country-level data and insights on the Malaysia aerospace and defense mro market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia aerospace and defense mro market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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