Global Aircraft Mro Market Size & Outlook
The aircraft mro industry worldwide is expected to reach a projected revenue of US$ 120,963.0 million by 2030. A compound annual growth rate of 5.2% is expected of the worldwide aircraft mro industry from 2024 to 2030.
Revenue, 2023 (US$M)
$84,982.3
Forecast, 2030 (US$M)
$120,963.0
CAGR, 2024 - 2030
5.2%
Report Coverage
Worldwide
Global aircraft mro market, 2018-2030 (US$M)
Related Markets
Global aircraft mro market highlights
- The global aircraft mro market generated a revenue of USD 84,982.3 million in 2023 and is expected to reach USD 120,963.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.2% by 2030.
- In terms of segment, engine overhaul accounted for a revenue of USD 35,330.0 million in 2023.
- Modification is the most lucrative type of mro service segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 84,982.3 million |
| Market revenue in 2030 | USD 120,963.0 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Engine overhaul |
| Fastest growing segment | Modification |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Engine Overhaul, Wide-Body, Line Maintenance, Modification, Components |
Other key industry trends
- In terms of revenue, the North America accounted for 25.4% of the global aircraft mro market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 4,185.0 million by 2030.
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Aircraft MRO Market Scope
Aircraft mro market segmentation & scope
Aircraft MRO Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global aircraft 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 aircraft mro market will help companies and investors design strategic landscapes.
engine overhaul was the largest segment with a revenue share of 41.57% in 2023. Horizon Databook has segmented the Global aircraft mro market based on engine overhaul, wide-body, line maintenance, modification, components covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Aircraft MRO Type of MRO Service Outlook (Revenue, USD Million, 2018-2030)
- Engine Overhaul
- Wide-Body
- Line Maintenance
- Modification
- Components
- Global Aircraft MRO Organisation Type Outlook (Revenue, USD Million, 2018-2030)
- Airline/Operator MRO
- Independent MRO
- OEM MRO
- Global Aircraft MRO Aircraft Type Outlook (Revenue, USD Million, 2018-2030)
- Narrow-Body
- Wide-Body
- Regional Jet
- Others
- Global Aircraft MRO Aircraft Gen. Outlook (Revenue, USD Million, 2018-2030)
- Old Gen
- Mid Gen
- New Gen
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Target buyers of Global aircraft mro market databook
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Our clientele includes a mix of aircraft mro market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global aircraft mro market , including forecasts for subscribers. This global databook contains high-level insights into Global aircraft mro market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global aircraft mro market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Aircraft mro market size, 2023 (USD Million)
Top 10 countries: Aircraft mro market size, 2023 (USD Million)
Global aircraft mro market, by region, 2023 (US$M)
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