Europe Aircraft Mro Market Size & Outlook, 2023-2030

The aircraft mro market in Europe is expected to reach a projected revenue of US$ 24,807.1 million by 2030. A compound annual growth rate of 2.2% is expected of Europe aircraft mro market from 2024 to 2030.
Revenue, 2023 (US$M)
$21,290.9
Forecast, 2030 (US$M)
$24,807.1
CAGR, 2024 - 2030
2.2%
Report Coverage
Europe

Europe aircraft mro market highlights

  • The Europe aircraft mro market generated a revenue of USD 21,290.9 million in 2023.
  • The market is expected to grow at a CAGR of 2.2% 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, Italy is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 21,290.9 million
Market revenue in 2030USD 24,807.1 million
Growth rate2.2% (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, Europe region accounted for 25.1% 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 Companies

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Europe 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 41.4% in 2023. Horizon Databook has segmented the Europe 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe aircraft mro market , including forecasts for subscribers. This continent databook contains high-level insights into Europe aircraft mro market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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