Asia Pacific Aircraft Mro Market Size & Outlook, 2023-2030

The aircraft mro market in Asia Pacific is expected to reach a projected revenue of US$ 42,384.4 million by 2030. A compound annual growth rate of 7.1% is expected of Asia Pacific aircraft mro market from 2024 to 2030.
Revenue, 2023 (US$M)
$26,273.9
Forecast, 2030 (US$M)
$42,384.4
CAGR, 2024 - 2030
7.1%
Report Coverage
Asia Pacific

Asia Pacific aircraft mro market highlights

  • The Asia Pacific aircraft mro market generated a revenue of USD 26,273.9 million in 2023.
  • The market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
  • In terms of segment, engine overhaul was the largest revenue generating type of mro service in 2023.
  • Modification is the most lucrative type of mro service segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2024 to 2030.


Asia Pacific data book summary

Market revenue in 2023USD 26,273.9 million
Market revenue in 2030USD 42,384.4 million
Growth rate7.1% (CAGR from 2023 to 2030)
Largest segmentEngine overhaul
Fastest growing segmentModification
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEngine Overhaul, Wide-Body, Line Maintenance, Modification, Components
Key market players worldwideAAR Corp, Airbus SE, Delta Air Lines Inc, Swire Pacific Ltd ADR, KLM Royal Dutch Airlines, Deutsche Lufthansa AG, MTU Aero Engines AG, RTX Corp, Singapore Technologies Engineering Ltd, TAP Maintenance & Engineering


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 30.9% of the global aircraft mro market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • MEA is the fastest growing regional market and is projected to reach USD 18,730.6 million by 2030.

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Aircraft MRO Market Scope

Aircraft mro market segmentation & scope
Engine Overhaul
Wide-Body
Line Maintenance
Modification
Components
Airline/Operator MRO
Independent MRO
OEM MRO
Narrow-Body
Wide-Body
Regional Jet
Others
Old Gen
Mid Gen
New Gen

Aircraft MRO Market Companies

Name Profile # Employees HQ Website

Asia Pacific 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 40.8% in 2023. Horizon Databook has segmented the Asia Pacific 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.


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Target buyers of Asia Pacific aircraft mro market databook

  • Our clientele includes a mix of aircraft mro market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 continent-level data and insights on the Asia Pacific aircraft mro market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific aircraft mro market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific aircraft mro market size, by country, 2018-2030 (US$M)

Asia Pacific Aircraft MRO Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific aircraft mro market size, by country, 2018-2030 (US$M)

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