This Aircraft Maintenance, Repair and Overhauling Services market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The aircraft maintenance, repair and overhauling services market size has grown strongly in recent years. It will grow from $86.87 billion in 2024 to $92.86 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to aging aircraft fleet, regulatory compliance, air travel growth, global economic conditions.
The aircraft maintenance, repair and overhauling services market size is expected to see strong growth in the next few years. It will grow to $117.8 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to fleet expansion, sustainability initiatives, defense and military mro, new aircraft technologies, market consolidation. Major trends in the forecast period include electrification and lightweighting, advanced materials, additive manufacturing, digitalization and connectivity, collaboration and partnerships,.
The aircraft maintenance, repair, and overhauling services market is anticipated to experience significant growth, primarily driven by the increasing demand for commercial aircraft. Commercial aircraft, designed for the profitable transportation of passengers or cargo, rely heavily on aircraft maintenance, repair, and overhaul (MRO) services to ensure their safety and airworthiness. MRO facilities are essential for conducting necessary maintenance and inspections. For instance, in January 2023, Airbus SE, a Netherlands-based aerospace corporation, reported the delivery of 661 commercial aircraft to 84 customers in 2022, marking an 8% increase from the 611 units delivered in 2021. This surge in the demand for commercial aircraft is a pivotal factor propelling the growth of the aircraft maintenance, repair, and overhauling services market.
Rapid advancements in wireless technology and the trend toward miniaturization, which involves designing smaller components for equipment, are poised to stimulate innovation in the defense market, thereby driving market growth in the forecast period. Additionally, technologies like 3D printing, artificial intelligence, and big data analytics are being increasingly employed in the manufacturing process, resulting in enhanced productivity, reduced operating costs, and increased profit margins. The lower operating costs enable companies to expand their production capacities and diversify their product portfolios, consequently contributing to the growth of the aircraft maintenance, repair, and overhauling services market.
The concepts of the digital thread and digital twin are closely intertwined and gaining traction in the aircraft parts manufacturing, repair, and maintenance market. The digital thread serves as a communication framework enabling the seamless flow of connected data throughout an asset's entire lifecycle and across various functions, including design, engineering, production, and maintenance. This results in an integrated, authoritative, and real-time data view of the asset, accessible at any time and from anywhere. On the other hand, a digital twin encompasses design specifications and engineering models that describe an asset's geometry, materials, components, and behavior, essentially providing a digital replica of the product. Both the digital thread and digital twin concepts involve the analysis of digitally captured data throughout a product's entire lifecycle, commencing with its design phase and extending through maintenance, repair, and overhaul. This approach aims to enhance the performance of future programs. In the realm of aircraft maintenance, these concepts facilitate the maintenance of digital records, reduction of downtime, and the streamlining of regulatory compliance processes.
Prominent companies operating in the aircraft maintenance, repair, and overhauling services market are increasingly prioritizing the introduction of predictive maintenance systems, including aircraft health analysis and diagnosis systems, across a range of aircraft, as a strategic move to maximize their market competitiveness and profitability. Predictive maintenance systems represent a proactive maintenance strategy that relies on data-driven methods to assess equipment conditions and forecast when maintenance activities should be carried out. For instance, in June 2023, Embraer Services & Support, a Brazil-based company involved in commercial and executive aviation, defense, and security, unveiled an advanced iteration of its Aircraft Health Analysis and Diagnosis (AHEAD) system, a new predictive maintenance system tailored for executive jets. This highlights a shift in the industry's standard practice from reactive maintenance to predictive maintenance, bolstered by the integration of more sophisticated health and usage monitoring systems within critical flight systems. AHEAD compiles and analyzes patterns from a variety of systems, encompassing engine characteristics, hydraulics, pneumatics, landing gear, and instrumentation. This monitoring capability enables the detection of trends and anomalies that may indicate potential issues and system degradation, as well as the provision of a schedule for addressing these concerns.
Major companies operating in the aircraft maintenance, repair and overhauling services market include Lockheed Martin Corporation, Airbus Group SE, The Boeing Company, Leonardo SpA, Bae Systems plc, Allen Aircraft Radio Corp, Aeroman Inc., Air France Industries-KLM Engineering & Maintenance, British Airways Engineering Services Ltd., Etihad Airways Engineering LLC, General Electric Aircraft Engines, Korean Air Lines Co Ltd., Lufthansa Technik Aktiengesellschaft, Safran Aerosystems., Raytheon Technologies Corporation, SIA Engineering Company Ltd., TAP Maintenance & Engineering, Singapore Technologies Engineering Ltd., MTU Aero Engines AG, Rolls-Royce Holdings plc, Air India Engineering Services Ltd., Emirates Engineering Construction Pvt Ltd., StandardAero Aviation Holdings Inc., Air France Industries-KLM Engineering & Maintenance, Avia Solutions Group PLC, Garuda Indonesia Tbk, Delta Air Lines Inc., Hong Kong Aircraft Engineering Co Ltd., Air Works India pvt Ltd., AJW China Co Ltd., Gama Aviation Ltd.
Aircraft maintenance, repair, and overhaul services encompass the activities involved in maintaining, repairing, and overhauling various types of aircraft, including helicopters, gliders, drones, aircraft turbines, aircraft engines, and rocket engines. This market comprises the sale of spare parts to end consumers by aircraft MRO (Maintenance, Repair, and Overhaul) providers for use during aircraft MRO operations.
The primary categories of aircraft maintenance, repair, and overhaul services include commercial aircraft MRO services, commercial helicopters MRO services, commercial gliders and drones MRO services, aircraft turbines MRO services, aircraft engines MRO services, and rocket engine MRO services, which are focused on the maintenance and repair of rocket engines. Aircraft are divided into various components, including the engine, cabin interior, airframe, avionics, and others, with diverse sizes such as wide-body, narrow-body, regional, and others. These services can be employed for various purposes, including annual maintenance contracts, individual projects, and other specific needs.
The aircraft maintenance, repair and overhauling services market research report is one of a series of new reports that provides aircraft maintenance, repair, and overhauling services market statistics, including aircraft maintenance, repair, and overhauling services industry global market size, regional shares, competitors with an aircraft maintenance, repair, and overhauling services market share, detailed aircraft maintenance, repair, and overhauling services market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft maintenance, repair, and overhauling services industry. This aircraft maintenance, repair, and overhauling services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Asia-Pacific was the largest region in the aircraft maintenance, repair and overhauling services market in 2024. Eastern Europe is expected to be the fastest growing region. The regions covered in the aircraft maintenance, repair and overhauling services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aircraft maintenance, repair and overhauling services market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The aircraft maintenance, repair, and overhauling services market consists of revenues earned by entities by providing aircraft maintenance, repair, and overhauling services to aircraft, and aircraft components such as helicopters, gliders, drones, and aircraft turbines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The aircraft maintenance, repair and overhauling services market size has grown strongly in recent years. It will grow from $86.87 billion in 2024 to $92.86 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to aging aircraft fleet, regulatory compliance, air travel growth, global economic conditions.
The aircraft maintenance, repair and overhauling services market size is expected to see strong growth in the next few years. It will grow to $117.8 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to fleet expansion, sustainability initiatives, defense and military mro, new aircraft technologies, market consolidation. Major trends in the forecast period include electrification and lightweighting, advanced materials, additive manufacturing, digitalization and connectivity, collaboration and partnerships,.
The aircraft maintenance, repair, and overhauling services market is anticipated to experience significant growth, primarily driven by the increasing demand for commercial aircraft. Commercial aircraft, designed for the profitable transportation of passengers or cargo, rely heavily on aircraft maintenance, repair, and overhaul (MRO) services to ensure their safety and airworthiness. MRO facilities are essential for conducting necessary maintenance and inspections. For instance, in January 2023, Airbus SE, a Netherlands-based aerospace corporation, reported the delivery of 661 commercial aircraft to 84 customers in 2022, marking an 8% increase from the 611 units delivered in 2021. This surge in the demand for commercial aircraft is a pivotal factor propelling the growth of the aircraft maintenance, repair, and overhauling services market.
Rapid advancements in wireless technology and the trend toward miniaturization, which involves designing smaller components for equipment, are poised to stimulate innovation in the defense market, thereby driving market growth in the forecast period. Additionally, technologies like 3D printing, artificial intelligence, and big data analytics are being increasingly employed in the manufacturing process, resulting in enhanced productivity, reduced operating costs, and increased profit margins. The lower operating costs enable companies to expand their production capacities and diversify their product portfolios, consequently contributing to the growth of the aircraft maintenance, repair, and overhauling services market.
The concepts of the digital thread and digital twin are closely intertwined and gaining traction in the aircraft parts manufacturing, repair, and maintenance market. The digital thread serves as a communication framework enabling the seamless flow of connected data throughout an asset's entire lifecycle and across various functions, including design, engineering, production, and maintenance. This results in an integrated, authoritative, and real-time data view of the asset, accessible at any time and from anywhere. On the other hand, a digital twin encompasses design specifications and engineering models that describe an asset's geometry, materials, components, and behavior, essentially providing a digital replica of the product. Both the digital thread and digital twin concepts involve the analysis of digitally captured data throughout a product's entire lifecycle, commencing with its design phase and extending through maintenance, repair, and overhaul. This approach aims to enhance the performance of future programs. In the realm of aircraft maintenance, these concepts facilitate the maintenance of digital records, reduction of downtime, and the streamlining of regulatory compliance processes.
Prominent companies operating in the aircraft maintenance, repair, and overhauling services market are increasingly prioritizing the introduction of predictive maintenance systems, including aircraft health analysis and diagnosis systems, across a range of aircraft, as a strategic move to maximize their market competitiveness and profitability. Predictive maintenance systems represent a proactive maintenance strategy that relies on data-driven methods to assess equipment conditions and forecast when maintenance activities should be carried out. For instance, in June 2023, Embraer Services & Support, a Brazil-based company involved in commercial and executive aviation, defense, and security, unveiled an advanced iteration of its Aircraft Health Analysis and Diagnosis (AHEAD) system, a new predictive maintenance system tailored for executive jets. This highlights a shift in the industry's standard practice from reactive maintenance to predictive maintenance, bolstered by the integration of more sophisticated health and usage monitoring systems within critical flight systems. AHEAD compiles and analyzes patterns from a variety of systems, encompassing engine characteristics, hydraulics, pneumatics, landing gear, and instrumentation. This monitoring capability enables the detection of trends and anomalies that may indicate potential issues and system degradation, as well as the provision of a schedule for addressing these concerns.
Major companies operating in the aircraft maintenance, repair and overhauling services market include Lockheed Martin Corporation, Airbus Group SE, The Boeing Company, Leonardo SpA, Bae Systems plc, Allen Aircraft Radio Corp, Aeroman Inc., Air France Industries-KLM Engineering & Maintenance, British Airways Engineering Services Ltd., Etihad Airways Engineering LLC, General Electric Aircraft Engines, Korean Air Lines Co Ltd., Lufthansa Technik Aktiengesellschaft, Safran Aerosystems., Raytheon Technologies Corporation, SIA Engineering Company Ltd., TAP Maintenance & Engineering, Singapore Technologies Engineering Ltd., MTU Aero Engines AG, Rolls-Royce Holdings plc, Air India Engineering Services Ltd., Emirates Engineering Construction Pvt Ltd., StandardAero Aviation Holdings Inc., Air France Industries-KLM Engineering & Maintenance, Avia Solutions Group PLC, Garuda Indonesia Tbk, Delta Air Lines Inc., Hong Kong Aircraft Engineering Co Ltd., Air Works India pvt Ltd., AJW China Co Ltd., Gama Aviation Ltd.
Aircraft maintenance, repair, and overhaul services encompass the activities involved in maintaining, repairing, and overhauling various types of aircraft, including helicopters, gliders, drones, aircraft turbines, aircraft engines, and rocket engines. This market comprises the sale of spare parts to end consumers by aircraft MRO (Maintenance, Repair, and Overhaul) providers for use during aircraft MRO operations.
The primary categories of aircraft maintenance, repair, and overhaul services include commercial aircraft MRO services, commercial helicopters MRO services, commercial gliders and drones MRO services, aircraft turbines MRO services, aircraft engines MRO services, and rocket engine MRO services, which are focused on the maintenance and repair of rocket engines. Aircraft are divided into various components, including the engine, cabin interior, airframe, avionics, and others, with diverse sizes such as wide-body, narrow-body, regional, and others. These services can be employed for various purposes, including annual maintenance contracts, individual projects, and other specific needs.
The aircraft maintenance, repair and overhauling services market research report is one of a series of new reports that provides aircraft maintenance, repair, and overhauling services market statistics, including aircraft maintenance, repair, and overhauling services industry global market size, regional shares, competitors with an aircraft maintenance, repair, and overhauling services market share, detailed aircraft maintenance, repair, and overhauling services market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft maintenance, repair, and overhauling services industry. This aircraft maintenance, repair, and overhauling services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Asia-Pacific was the largest region in the aircraft maintenance, repair and overhauling services market in 2024. Eastern Europe is expected to be the fastest growing region. The regions covered in the aircraft maintenance, repair and overhauling services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aircraft maintenance, repair and overhauling services market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The aircraft maintenance, repair, and overhauling services market consists of revenues earned by entities by providing aircraft maintenance, repair, and overhauling services to aircraft, and aircraft components such as helicopters, gliders, drones, and aircraft turbines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Executive Summary
Aircraft Maintenance, Repair and Overhauling Services Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on aircraft maintenance, repair and overhauling services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for aircraft maintenance, repair and overhauling services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The aircraft maintenance, repair and overhauling services market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Commercial Aircrafts MRO Services; Commercial Helicopters MRO Services; Commercial Gliders and Drones MRO Services; Aircraft Turbines MRO Services; Aircraft Engines MRO Services; Rocket Engines MRO Services2) By Aircraft Division: Engine; Cabin Interior; Airframe; Avionics; Others
3) By Size: Wide-Body; Narrow-Body; Regional; Others
4) By Service Type: Annual Maintenance Contract; Individual Works; Others
Subsegments:
1) By Commercial Aircrafts MRO Services: Airframe Maintenance; Avionics Maintenance; Landing Gear Maintenance; Cabin Maintenance2) By Commercial Helicopters MRO Services: Airframe Maintenance; Engine Maintenance; Avionics and Electrical Systems Maintenance
3) By Commercial Gliders and Drones MRO Services: Airframe Maintenance; Propulsion System Maintenance; Electrical and Control Systems Maintenance
4) By Aircraft Turbines MRO Services: Engine Overhaul and Repair; Engine Component Repair; Turbine Blade Repair
5) By Aircraft Engines MRO Services: Engine Overhaul and Rebuild; Engine Parts Repair; Engine Testing and Inspection
6) By Rocket Engines MRO Services: Propulsion System Maintenance; Rocket Engine Overhaul; Component Testing and Inspection
Key Companies Mentioned: Lockheed Martin Corporation; Airbus Group SE; the Boeing Company; Leonardo SpA; Bae Systems plc
Countries: Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Aircraft Maintenance, Repair and Overhauling Services market report include:- Lockheed Martin Corporation
- Airbus Group SE
- The Boeing Company
- Leonardo SpA
- Bae Systems plc
- Allen Aircraft Radio Corp
- Aeroman Inc.
- Air France Industries-KLM Engineering & Maintenance
- British Airways Engineering Services Ltd.
- Etihad Airways Engineering LLC
- General Electric Aircraft Engines
- Korean Air Lines Co Ltd.
- Lufthansa Technik Aktiengesellschaft
- Safran Aerosystems.
- Raytheon Technologies Corporation
- SIA Engineering Company Ltd.
- TAP Maintenance & Engineering
- Singapore Technologies Engineering Ltd.
- MTU Aero Engines AG
- Rolls-Royce Holdings plc
- Air India Engineering Services Ltd.
- Emirates Engineering Construction Pvt Ltd.
- StandardAero Aviation Holdings Inc.
- Air France Industries-KLM Engineering & Maintenance
- Avia Solutions Group PLC
- Garuda Indonesia Tbk
- Delta Air Lines Inc.
- Hong Kong Aircraft Engineering Co Ltd.
- Air Works India pvt Ltd.
- AJW China Co Ltd.
- Gama Aviation Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 300 |
Published | April 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 92.86 Billion |
Forecasted Market Value ( USD | $ 117.8 Billion |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
No. of Companies Mentioned | 31 |