Market Overview:
The global aviation MRO market is expected to grow from USD XX billion in 2018 to USD XX billion by 2030, at a CAGR of X.X%. The growth of the aviation MRO market can be attributed to the increase in air traffic and the rise in demand for aircraft maintenance and repair services. The engine maintenance segment is expected to account for the largest share of the global aviation MRO market in 2018. This segment is projected to grow at a CAGR of X.X% during the forecast period. The components maintenance segment is projected to grow at a CAGR of X.X% during the forecast period. The commercial application segment is expected to account for the largest share ofthe global aviation MRO market in 2018, followed by private.
Product Definition:
Aviation MRO is the acronym for "maintenance, repair and overhaul." Aviation MRO is a critical function in the aviation industry, as it ensures that aircraft are kept in safe and airworthy condition. Aviation MRO services can include everything from routine inspections to full-scale repairs.
Engine Maintenance:
Engine maintenance is the planned periodic inspection and testing of aircraft engines to ensure their efficient working. It includes a detailed analysis of each component in the engine, its performance evaluation & condition monitoring along with preventive maintenance procedures for alloys and metals used in critical areas like high-pressure turbine blades.
Components Maintenance:
Components maintenance is the activity performed to keep components of an aircraft in good working order and prevent them from corrosion. It includes activities such as lubrication, inspection, repair, replacement and cleaning. Aviation Maintenance Repair (MRO) services are provided for a variety of aircraft parts including engines, airframes, hydraulic & pneumatic systems along with other mechanical components at airports or on bases by OEMs (aircraft manufacturers).
Application Insights:
The commercial application segment dominated the global aviation MRO market in 2017, accounting for a share of over 60.0% and is expected to continue its dominance over the forecast period. The growth can be attributed to an increase in passenger traffic on a global level owing to factors such as growing middle-class population, increasing disposable income and tourism promotion activities by various governments across the world.
The military application segment is expected register significant growth during the forecast period owing to rise in defense expenditure by countries such as U.S., China, India and Russia among others which are major consumers of aircraft components & services MRO worldwide.
Regional Analysis:
Asia Pacific dominated the global aviation MRO market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising investments in maintenance, repair & overall (MRO) activities by various airlines and OEMs. Furthermore, increasing demand for new-generation aircraft coupled with growing passenger traffic is likely to drive regional growth over the next eight years.
The Asia Pacific region accounted for a share of 34% in 2016 owing to high demand from countries such as China, India, Japan and South Korea among others.
Growth Factors:
- Increasing demand for air travel: The global air passenger traffic is expected to grow at a CAGR of 5.4% from 2016 to 2036, according to the International Air Transport Association (IATA). This will result in the need for more aircraft and more MRO services.
- Aging aircraft fleet: The average age of the world's commercial aircraft fleet is currently around 11 years and is expected to increase further in the coming years as airlines replace their older planes with new ones. This will create greater demand for MRO services.
- Expansion of low-cost carriers: The number of low-cost carriers (LCCs) is increasing rapidly all over the world as they become increasingly popular among budget-conscious travelers. LCCs typically have a younger fleet and require more frequent MRO services than traditional carriers do, thus driving growth in the aviation MRO market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aviation MRO Market Research Report
By Type
Engine Maintenance, Components Maintenance, Airframe Heavy Maintenance, Line Maintenance Modification
By Application
Commercial, Private, Military
By Companies
Airbus Helicopters, Rolls Royce Holdings PLC, Leonardo S.p.A, Sikorsky Aircraft, Turbomeca (Safran), Bell Helicopter, Heli-One, Honeywell Aerospace, Staero, StandardAero, Pratt & Whitney, Russian Helicopter, MTU Maintenance, RUAG Aviation, Robinson Helicopter, Lufthansa Technik, GE Aviation, AFI KLM E&M, ST Aerospace, AAR Corp., Rolls-Royce, SR Technics, SIA Engineering, Delta TechOps, Haeco, JAL Engineering, Ameco Beijing, TAP M&E
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Aviation MRO Market Report Segments:
The global Aviation MRO market is segmented on the basis of:
Types
Engine Maintenance, Components Maintenance, Airframe Heavy Maintenance, Line Maintenance Modification
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Private, Military
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Airbus Helicopters
- Rolls Royce Holdings PLC
- Leonardo S.p.A
- Sikorsky Aircraft
- Turbomeca (Safran)
- Bell Helicopter
- Heli-One
- Honeywell Aerospace
- Staero
- StandardAero
- Pratt & Whitney
- Russian Helicopter
- MTU Maintenance
- RUAG Aviation
- Robinson Helicopter
- Lufthansa Technik
- GE Aviation
- AFI KLM E&M
- ST Aerospace
- AAR Corp.
- Rolls-Royce
- SR Technics
- SIA Engineering
- Delta TechOps
- Haeco
- JAL Engineering
- Ameco Beijing
- TAP M&E
Highlights of The Aviation MRO Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Engine Maintenance
- Components Maintenance
- Airframe Heavy Maintenance
- Line Maintenance Modification
- By Application:
- Commercial
- Private
- Military
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aviation MRO Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aviation MRO is a type of business that provides maintenance, repair and overhaul (MRO) services for aircraft. These businesses typically offer a wide range of services, including aircraft inspection, component replacement and repair, engine overhauls and repairs, avionics repairs and replacements, cabin cleaning/maintenance services and more.
Some of the key players operating in the aviation mro market are Airbus Helicopters, Rolls Royce Holdings PLC, Leonardo S.p.A, Sikorsky Aircraft, Turbomeca (Safran), Bell Helicopter, Heli-One, Honeywell Aerospace, Staero, StandardAero, Pratt & Whitney, Russian Helicopter, MTU Maintenance, RUAG Aviation, Robinson Helicopter, Lufthansa Technik, GE Aviation, AFI KLM E&M, ST Aerospace, AAR Corp., Rolls-Royce, SR Technics, SIA Engineering, Delta TechOps, Haeco, JAL Engineering, Ameco Beijing, TAP M&E.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aviation MRO Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aviation MRO Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aviation MRO Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aviation MRO Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aviation MRO Market Size & Forecast, 2018-2028
4.5.1 Aviation MRO Market Size and Y-o-Y Growth
4.5.2 Aviation MRO Market Absolute $ Opportunity
Chapter 5 Global Aviation MRO Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aviation MRO Market Size Forecast by Type
5.2.1 Engine Maintenance
5.2.2 Components Maintenance
5.2.3 Airframe Heavy Maintenance
5.2.4 Line Maintenance Modification
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aviation MRO Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aviation MRO Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Private
6.2.3 Military
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aviation MRO Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aviation MRO Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aviation MRO Analysis and Forecast
9.1 Introduction
9.2 North America Aviation MRO Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aviation MRO Market Size Forecast by Type
9.6.1 Engine Maintenance
9.6.2 Components Maintenance
9.6.3 Airframe Heavy Maintenance
9.6.4 Line Maintenance Modification
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aviation MRO Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Private
9.10.3 Military
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aviation MRO Analysis and Forecast
10.1 Introduction
10.2 Europe Aviation MRO Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aviation MRO Market Size Forecast by Type
10.6.1 Engine Maintenance
10.6.2 Components Maintenance
10.6.3 Airframe Heavy Maintenance
10.6.4 Line Maintenance Modification
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aviation MRO Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Private
10.10.3 Military
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aviation MRO Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aviation MRO Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aviation MRO Market Size Forecast by Type
11.6.1 Engine Maintenance
11.6.2 Components Maintenance
11.6.3 Airframe Heavy Maintenance
11.6.4 Line Maintenance Modification
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aviation MRO Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Private
11.10.3 Military
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aviation MRO Analysis and Forecast
12.1 Introduction
12.2 Latin America Aviation MRO Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aviation MRO Market Size Forecast by Type
12.6.1 Engine Maintenance
12.6.2 Components Maintenance
12.6.3 Airframe Heavy Maintenance
12.6.4 Line Maintenance Modification
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aviation MRO Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Private
12.10.3 Military
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aviation MRO Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aviation MRO Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aviation MRO Market Size Forecast by Type
13.6.1 Engine Maintenance
13.6.2 Components Maintenance
13.6.3 Airframe Heavy Maintenance
13.6.4 Line Maintenance Modification
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aviation MRO Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Private
13.10.3 Military
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aviation MRO Market: Competitive Dashboard
14.2 Global Aviation MRO Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Airbus Helicopters
14.3.2 Rolls Royce Holdings PLC
14.3.3 Leonardo S.p.A
14.3.4 Sikorsky Aircraft
14.3.5 Turbomeca (Safran)
14.3.6 Bell Helicopter
14.3.7 Heli-One
14.3.8 Honeywell Aerospace
14.3.9 Staero
14.3.10 StandardAero
14.3.11 Pratt & Whitney
14.3.12 Russian Helicopter
14.3.13 MTU Maintenance
14.3.14 RUAG Aviation
14.3.15 Robinson Helicopter
14.3.16 Lufthansa Technik
14.3.17 GE Aviation
14.3.18 AFI KLM E&M
14.3.19 ST Aerospace
14.3.20 AAR Corp.
14.3.21 Rolls-Royce
14.3.22 SR Technics
14.3.23 SIA Engineering
14.3.24 Delta TechOps
14.3.25 Haeco
14.3.26 JAL Engineering
14.3.27 Ameco Beijing
14.3.28 TAP M&E
