Global aviation MRO market is forecast to grow at a CAGR of around 10% in the coming years to surpass $ 113 billion by 2025. The global aviation MRO market is driven by growing need to maintain and renovate in-service and aging aircraft in order to optimize their performance. Moreover, initiatives by the governments in terms of implementation of strict norms and policies is positively impacting the market across the globe. Also, increasing technological innovations and digitalization in aviation MRO is further expected to bolster the growth of market over the next few years.
Major players operating in the global aviation MRO market include SIA Engineering Company, SR Technics, British Airways, HAECO (Hongkong), AAR Corporation, Air-France Industries KLM Engineering & Maintenance, Bombardier Inc., Delta TechOps, GE Aviation, Hong Kong Aircraft Engineering Co. Ltd., Lufthansa Technik, MTU Aero Engines AG, Triumph Group, Inc., and others.
Years considered for this report
Historical Years2015-2018
Base Year2019
Estimated Year2020
Forecast Period2021–2025
Objective of the Study
- To analyze and estimate the
market size of global aviation MRO market from 2015 to 2018.
- To estimate and forecast the
market size of global aviation MRO market from 2019 to 2025 and growth
rate until 2025.
- To classify and forecast
global aviation MRO market based on industry, component, aircraft type,
end user, company and regional distribution.
- To identify dominant region
or segment in the global aviation MRO market.
- To identify drivers and
challenges for global aviation MRO market.
- To examine competitive
developments such as expansions, new product launches, mergers &
acquisitions, etc., in global aviation MRO market.
- To conduct pricing analysis
for global aviation MRO market.
- To identify and analyze the
profile of leading players operating in global aviation MRO market.
- To identify key sustainable
strategies adopted by market players in global aviation MRO market.
Click here to download the sample
MIR performed both primary as well as exhaustive secondary research for this study. Initially, MIR sourced a list of service providers across the globe. Subsequently, MIR conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, MIR could include the service providers which could not be identified due to the limitations of secondary research. MIR analyzed the products and presence of all major players across the globe.
MIR calculated the market size of
Key Target Audience
- Aviation MRO service providers, vendors and
other stakeholders
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
aviation MRO
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service
