Aircraft MRO Market to Reach US$ 115080 Million by 2030, Driven by 3.4% CAGR by Key Players like Lufthansa Technik, GE Aviation, AFI KLM E&M, ST Aerospace, MTU Maintenance, AAR Corp.

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Aircraft MRO Market to Reach US$ 115080 Million by 2030, Driven by 3.4% CAGR by Key Players like Lufthansa Technik, GE Aviation, AFI KLM E&M, ST Aerospace, MTU Maintenance, AAR Corp.

February 27
05:06 2024
Aircraft MRO Market to Reach US$ 115080 Million by 2030, Driven by 3.4% CAGR by Key Players like Lufthansa Technik, GE Aviation, AFI KLM E&M, ST Aerospace, MTU Maintenance, AAR Corp.
Aircraft MRO Market Poised for Substantial Growth, Forecasted to Surpass US$ 115080 Million by 2030
The Aircraft MRO Market is expected to achieve a valuation of US$ 115080 million by 2030, showcasing a notable Compound Annual Growth Rate (CAGR) of 3.4% during the forecast period from 2024 to 2030. This growth is propelled by the increasing global fleet size, stringent safety regulations, and the need for efficient maintenance practices to ensure aircraft reliability and safety.

Synopsis

Aircraft 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.

The global Aircraft MRO Market was valued at US$ 90810 million in 2023 and is anticipated to reach US$ 115080 million by 2030, witnessing a CAGR of 3.4% during the forecast period 2024-2030.

Global Aircraft MRO key players include GE Aviation, Rolls-Royce, Lufthansa Technik, AFI KLM E&M, etc. Global top four manufacturers hold a share over 30%.

United States is the largest market, with a share about 35%, followed by China, and Europe, both have a share over 30 percent.

In terms of product, Engine is the largest segment, with a share over 40%. And in terms of application, the largest application is BGA, followed by Air Transport.

This report aims to provide a comprehensive presentation of the global market for Aircraft 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 MRO.

Report Scope

The Aircraft MRO market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Aircraft MRO market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Aircraft MRO companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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By Company

  • Lufthansa Technik
  • GE Aviation
  • AFI KLM E&M
  • ST Aerospace
  • MTU Maintenance
  • AAR Corp.
  • Rolls-Royce
  • SR Technics (Mubadala Aerospace)
  • SIA Engineering
  • Delta TechOps
  • Haeco
  • JAL Engineering
  • Ameco Beijing
  • Pratt&Whitney
  • ANA
  • Korean Air
  • Iberia Maintenance

 

Segment by Type

  • Engine Maintenance
  • Components Maintenance
  • Airframe Heavy Maintenance
  • Line Maintenance Modification

 

Segment by Application

  • Air Transport
  • BGA

 

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia) 
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina, Colombia)

 

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Aircraft MRO companies’ competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.

Chapter 11: 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 12: The main points and conclusions of the report.

Read More Related Research Reports:

Widebody Aircraft MRO Market: https://www.themarketreports.com/report/global-widebody-aircraft-mro-market-research-report

Aircraft MRO Software Market: https://www.themarketreports.com/report/global-aircraft-mro-software-market-research-report

Civilian Aircraft MRO Market: https://www.themarketreports.com/report/global-civilian-aircraft-mro-market-research-report

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