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Base Year
Historical Year
Forecast Year
The global air transport MRO market size reached approximately USD 105.73 billion in 2023. The market is estimated to grow at a CAGR of 2.2% in the forecast period of 2024-2032, reaching a value of around USD 128.18 billion by 2032.
Global Air Transport MRO Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 105.73 |
Market Size 2032 | USD Billion | 128.18 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 2.2% |
CAGR 2024-2032 - Market by Region | North America | 2.6% |
CAGR 2024-2032 - Market by Country | China | 2.5% |
CAGR 2024-2032 - Market by Country | USA | 2.4% |
CAGR 2024-2032 - Market by Application | Engine | 2.8% |
CAGR 2024-2032 - Market by MRO Provider | Non-OEM MRO | 2.7% |
Market Share by Country 2023 | Japan | 4.4% |
MRO is an acronym for maintenance, repair, and overhaul in the aviation sector and encompasses a set of operations that ensures the safety and reliability of an aircraft. Some of the common activities under MRO include aircraft maintenance, infrastructure repair, and routine inspections, among others.
Increased integration of remote maintenance tools to conduct remote inspections as well as perform routine maintenance and troubleshoot issues without on-site visits is boosting the growth of the air transport MRO market. Such tools also facilitate the collection of real-time data, collaboration between onsite technicians and remote MRO experts, and the capturing of content for training and audits.
Growing investments in MRO aviation software for work scheduling and tracking, paperless maintenance and repair operations, efficient cost analysis, and reduced turnaround time is a crucial trend of air transport MRO market.
The adoption of advanced technologies such as artificial intelligence, big data analytics, blockchain, and IoT to improve the efficiency and accuracy of MRO operations also provides impetus to the crucial air transport MRO market growth. Airline companies are seeking out MRO service providers' assistance to help them meet regulatory compliances regarding environmental regulations and safety standards. In the forecast period, the introduction of stringent regulations by governments worldwide to ensure the optimal health of aircraft is anticipated to fuel the demand of air transport MRO market.
MRO Japan announced that it has plans to start the conversion of Airbus passenger to freighter (P2F) in the fiscal year 2025 with the certification of the European Union Aviation Safety Agency (EASA), which can increase air transport MRO market opportunities in the country.
Major factors influencing the global market growth include the rising fleet of advanced aircraft needing specialized maintenance, and the increasing use of predictive maintenance technologies to enhance reliability and minimize downtime.
As per the air transport MRO industry analysis, Global Survey of Leaders in the Maintenance, Repair, and Operations (MRO) industry states that the Aircraft health monitoring increase reliability by 63%, reduces engine maintenance costs by 35%, and component maintenance costs by 20%. Additional advantages include improved total cost of ownership modeling by 20%, reduced airframe maintenance costs by 14%, decreased spare parts requirements by 14%, shorter check span times by 10%, and lower inventory costs by 10%.
Predictive maintenance provides substantial benefits, including airframe maintenance cost reduction by 37%, engine maintenance cost reduction by 33%, reliability enhancement by 30%, and component maintenance cost reduction by 19%, which can increase the growth of the air transport MRO industry. Furthermore, it contributes to shorter check span times by 19%, reduced inventory costs by 15%, improved total cost of ownership modelling by 11%, and decreased spare parts requirements by 11%. The significant reliability improvements and cost reductions across various maintenance domains drive demand for advanced MRO services.
In 2019, Asia Pacific held a dominant share of 36.9% in air passenger traffic, which increased to 42.9% in 2020 before dropping to 32.6% in 2021 and further declining to 26.6% in 2022. It is projected to recover to 35.9% in 2024, indicating a potential increase in demand for Maintenance, Repair, and Operations (MRO) services that can enhance the air transport MRO industry revenue. Europe’s share decreased from 26.5% in 2019 to 21.2% in 2020, then rose to 29.0% in 2022, with a projected share of 26.3% in 2024. North America saw a consistent rise from 22.1% in 2019 to 29.0% in 2021, before stabilizing at 27.2% in 2022 and 22.4% projected in 2024. Latin America-Caribbean's share increased from 7.5% in 2019 to 9.6% in 2022, while the Middle East saw fluctuations, rising to 5.0% in 2022 from 3.7% in 2020. Africa’s share remained relatively stable, ranging from 2.2% to 2.7% over the years.
The recovery and growth in passenger traffic, especially in Asia Pacific and North America, will drive the demand for MRO services. Additionally, Europe’s fluctuating but significant share underscores the need for robust MRO support to sustain operational efficiency.
Based on aircraft, the market is divided into narrow body jet, wide body aircraft, turbo prep, and regional jet. On the basis of application, the market is classified into engine, component, line, and airframe. The air transport MRO market segmentation, on the basis of MRO supplier, includes OEM and non-OEM MRO. The major regional markets of air transport MRO are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
CAGR 2024-2032 - Market by | Country |
China | 2.5% |
USA | 2.4% |
Mexico | 2.1% |
Germany | 1.9% |
Australia | 1.9% |
Canada | XX% |
UK | XX% |
France | XX% |
Japan | XX% |
India | XX% |
Saudi Arabia | 1.8% |
Brazil | XX% |
Italy | 1.6% |
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the air transport MRO market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Narrow body jet occupies a sizeable portion of the air transport MRO market share due to the increased reliance on single-aisle aircraft as it provides a sustainable flying option. With the growing deployment of narrow-body aircraft, there is a burgeoning demand for regular inspection and maintenance of these aircraft and their components in air transport MRO industry. Narrow aircraft providers are readily relying on MRO experts to ensure engine performance, detect any possibilities of failure, improve fuel efficiency, and retrofit components and materials.
As per the air transport MRO market analysis, engines account for a substantial share of the global market. Engines are the backbone of aircraft, which surges the requirement for their regular service, repair, and inspection. Partnership and collaboration between OEMs and MRO service providers to offer advanced technologies and innovative solutions that elongate the life cycle of engines positively influence the market segment. Additionally, many MRO providers are opening engine maintenance facilities in new countries to expand their presence and gain a competitive advantage.
The Asia Pacific accounts for a major market share owing to the burgeoning presence of aircraft fleets in the region. Moreover, the availability of cheap labour and growing investment opportunities contribute to the air transport MRO demand.
MTU Aero Engines AG is an aircraft engine manufacturer, founded in 1934 and headquartered in Munich, Germany. The company also provides maintenance services and innovative solutions for commercial and military engines.
Lufthansa Group is an aviation company in the air transport MRO industry that was incorporated in 1953 and has its headquarters in Cologne, Germany. The company owns several subsidiary airlines and provides aviation services such as MRO and logistics.
Iberia Líneas Aéreas de Espana, S.A., established in 1927, is an airline group, based in Madrid, Spain. The company also offers aircraft maintenance, in-flight catering, IT systems, and handling operations at airports.
Other market players include John Swire & Sons (H.K.) Ltd., Delta Air Lines, Inc., British Airways Plc, Air France-KLM Group, HAECO Group, and AAR Corp, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Aircraft |
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Breakup by Application |
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Breakup by MRO Provider |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Air Transport MRO Market Growth
Air Transport MRO Market Trends
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 105.73 billion.
The market is projected to grow at a CAGR of 2.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 128.18 billion by 2032.
The major market drivers are growing leisure and business travel, healthy economic growth in developing countries, and increased production of new aircraft.
The key trends of the market include increased integration of remote maintenance tools in MRO services, growing investments in MRO aviation software, and the introduction of stringent regulatory compliances aimed at ensuring the safety of aircraft.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Various MRO providers considered in the market report are OEM and non-OEM MRO.
The key players in the market are MTU Aero Engines AG, Lufthansa Group, Iberia Líneas Aereas de España, S.A., John Swire & Sons (H.K.) Ltd., Delta Air Lines, Inc., British Airways Plc, Air France-KLM Group, HAECO Group, and AAR Corp., among others.
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