TOP CATEGORY: Chemicals & Materials | Life Sciences | Banking & Finance | ICT Media
Download Report PDF Instantly
Report overview
The global Aviation Engine MRO market was valued at US$ 38420 million in 2022 and is projected to reach US$ 48200 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 Aviation 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 Aviation Engine MRO. This report contains market size and forecasts of Aviation Engine MRO in global, including the following market information:
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 Aviation 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 Aviation Engine MRO Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Aviation Engine MRO Market Segment Percentages, by Type, 2022 (%)
Global Aviation Engine MRO Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Aviation Engine MRO Market Segment Percentages, by Application, 2022 (%)
Global Aviation Engine MRO Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Aviation Engine MRO Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Aviation Engine MRO revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Aviation Engine MRO revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: