Report overview
Aircraft Engine MRO is the description of maintenance repair and overhaul to aircraft engine, maintenance, repair and overhaul (MRO) is a key activity in the lifecycle of its engines. Because of the typically long operational lifetimes expected from these costly assets, MRO is necessary to maintain these systems in a safe and functional condition, so that they can fulfill the operational role that they were designed for.
The MRO system can be understood as a complex socio-technical system organized and operated to achieve aircraft availability and operation safety at minimal cost. As a complex socio-technical system, it consists of various layers: The environmental context, organizational structure, management, infrastructure, workers and the technical core.
This report aims to provide a comprehensive presentation of the global market for Aircraft Engine MRO, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aircraft Engine MRO. This report contains market size and forecasts of Aircraft Engine MRO in global, including the following market information:
Global Aircraft Engine MRO Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Aircraft Engine MRO market was valued at US$ 38420 million in 2022 and is projected to reach US$ 66840 million by 2029, at a CAGR of 8.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Aircraft Engine MRO key players include GE, Rolls-Royce, MTU Maintenance, Lufthansa Technik, Pratt & Whitney, etc. Global top five manufacturers hold a share over 50%.
North America is the largest market, with a share over 35%, followed by Europe and Asia Pacific, both have a share over 40%.
In terms of product, Overhaul is the largest segment, with a share over 60%. And in terms of application, the largest application is Civil Aircraft, followed by Military Aircraft, etc.
We surveyed the Aircraft Engine MRO companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aircraft Engine MRO Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Aircraft Engine MRO Market Segment Percentages, by Type, 2022 (%)
Maintenance
Repair
Overhaul
Global Aircraft Engine MRO Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Aircraft Engine MRO Market Segment Percentages, by Application, 2022 (%)
Civil Aircraft
Military Aircraft
Global Aircraft Engine MRO Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Aircraft Engine MRO Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Aircraft Engine MRO revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Aircraft Engine MRO revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
GE
Rolls-Royce
MTU Maintenance
Lufthansa Technik
Pratt & Whitney
Air France/KLM
Snecma
Delta TechOps
Standard Aero
BBA Aviation
Chromalloy
ITP
Air New Zealand
Bet Shemesh
IAI
Wood Group Turbopower
Sigma Aerospace
Hellenic Aerospace
Sabraliner
Asia Pacific Aerospace
Outline of Major Chapters:
Chapter 1: Introduces the definition of Aircraft Engine MRO, market overview.
Chapter 2: Global Aircraft Engine MRO market size in revenue.
Chapter 3: Detailed analysis of Aircraft Engine MRO company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Aircraft Engine MRO in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
