Global Aerospace and Defense MRO Market 2024 by Company, Regions, Type and Application, Forecast to 2030
SKU ID :GIR-26492960 | Published Date: 01-Jan-2024 | No. of pages: 132Description
According to our Researcher latest study, the global Aerospace and Defense MRO market size was valued at USD 116930 million in 2023 and is forecast to a readjusted size of USD 153970 million by 2030 with a CAGR of 4.0% during review period.
Aerospace and Defense MRO is the description of maintenance repair and overhaul to aircraft, maintenance, repair and overhaul (MRO) is a key activity in the lifecycle of aircraft. 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.
This report mainly covers four market segments: Airframe, Engine, Component and Line
The key players in global aerospace and defense MRO are GE Aviation, Airbus, Lufthansa Technik, AFI KLM E&M, MTU Maintenance, Rolls-Royce, AAR Corp. and ST Aerospace. The top four companies together hold more than 30% of the market share, with the largest supplier being GE Aviation, which holds 15% of the market share. The main regions providing MRO globally are the U.S., Europe, China, Japan, etc., with the U.S. occupying the largest market share at 30%. In terms of product type, engine maintenance holds the largest market share with 40%, followed by line maintenance and airframe maintenance, with 20% and 18% respectively. In terms of application, 60% of the market share is for narrow-body aircraft; 20% for wide-body aircraft and 10% for regional aircraft.
The Researcher report includes an overview of the development of the Aerospace and Defense MRO industry chain, the market status of Narrow Body Aircraft (Engine, Components), Wide Body Aircraft (Engine, Components), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Aerospace and Defense MRO.
Regionally, the report analyzes the Aerospace and Defense MRO markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Aerospace and Defense MRO market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Aerospace and Defense MRO market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Aerospace and Defense MRO industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Engine, Components).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Aerospace and Defense MRO market.
Regional Analysis: The report involves examining the Aerospace and Defense MRO market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Aerospace and Defense MRO market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Aerospace and Defense MRO:
Company Analysis: Report covers individual Aerospace and Defense MRO players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Aerospace and Defense MRO This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Narrow Body Aircraft, Wide Body Aircraft).
Technology Analysis: Report covers specific technologies relevant to Aerospace and Defense MRO. It assesses the current state, advancements, and potential future developments in Aerospace and Defense MRO areas.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Aerospace and Defense MRO market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Engine
Components
Airframe
Line
Market segment by Application
Narrow Body Aircraft
Wide Body Aircraft
Regional Aircraft
Others
Market segment by players, this report covers
GE Aviation
Airbus
Lufthansa Technik
AFI KLM E&M
MTU Maintenance
Rolls-Royce
AAR Corp.
ST Aerospace
SR Technics (Mubadala Aerospace)
SIA Engineering
Delta TechOps
Haeco
JAL Engineering
Ameco Beijing
Pratt & Whitney
ANA
Korean Air
Iberia Maintenance
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Aerospace and Defense MRO product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Aerospace and Defense MRO, with revenue, gross margin and global market share of Aerospace and Defense MRO from 2019 to 2024.
Chapter 3, the Aerospace and Defense MRO competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Aerospace and Defense MRO market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Aerospace and Defense MRO.
Chapter 13, to describe Aerospace and Defense MRO research findings and conclusion.
Aerospace and Defense MRO is the description of maintenance repair and overhaul to aircraft, maintenance, repair and overhaul (MRO) is a key activity in the lifecycle of aircraft. 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.
This report mainly covers four market segments: Airframe, Engine, Component and Line
The key players in global aerospace and defense MRO are GE Aviation, Airbus, Lufthansa Technik, AFI KLM E&M, MTU Maintenance, Rolls-Royce, AAR Corp. and ST Aerospace. The top four companies together hold more than 30% of the market share, with the largest supplier being GE Aviation, which holds 15% of the market share. The main regions providing MRO globally are the U.S., Europe, China, Japan, etc., with the U.S. occupying the largest market share at 30%. In terms of product type, engine maintenance holds the largest market share with 40%, followed by line maintenance and airframe maintenance, with 20% and 18% respectively. In terms of application, 60% of the market share is for narrow-body aircraft; 20% for wide-body aircraft and 10% for regional aircraft.
The Researcher report includes an overview of the development of the Aerospace and Defense MRO industry chain, the market status of Narrow Body Aircraft (Engine, Components), Wide Body Aircraft (Engine, Components), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Aerospace and Defense MRO.
Regionally, the report analyzes the Aerospace and Defense MRO markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Aerospace and Defense MRO market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Aerospace and Defense MRO market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Aerospace and Defense MRO industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Engine, Components).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Aerospace and Defense MRO market.
Regional Analysis: The report involves examining the Aerospace and Defense MRO market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Aerospace and Defense MRO market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Aerospace and Defense MRO:
Company Analysis: Report covers individual Aerospace and Defense MRO players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Aerospace and Defense MRO This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Narrow Body Aircraft, Wide Body Aircraft).
Technology Analysis: Report covers specific technologies relevant to Aerospace and Defense MRO. It assesses the current state, advancements, and potential future developments in Aerospace and Defense MRO areas.
Competitive Landscape
: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Aerospace and Defense MRO market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Aerospace and Defense MRO market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Engine
Components
Airframe
Line
Market segment by Application
Narrow Body Aircraft
Wide Body Aircraft
Regional Aircraft
Others
Market segment by players, this report covers
GE Aviation
Airbus
Lufthansa Technik
AFI KLM E&M
MTU Maintenance
Rolls-Royce
AAR Corp.
ST Aerospace
SR Technics (Mubadala Aerospace)
SIA Engineering
Delta TechOps
Haeco
JAL Engineering
Ameco Beijing
Pratt & Whitney
ANA
Korean Air
Iberia Maintenance
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Aerospace and Defense MRO product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Aerospace and Defense MRO, with revenue, gross margin and global market share of Aerospace and Defense MRO from 2019 to 2024.
Chapter 3, the Aerospace and Defense MRO competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Aerospace and Defense MRO market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Aerospace and Defense MRO.
Chapter 13, to describe Aerospace and Defense MRO research findings and conclusion.
TOC
Tables & Figures
Companies
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