Global Aviation Maintenance, Repair and Overhaul (MRO) Markets, 2021-2022 & 2026: Analysis by Type, Aircraft Type, Aircraft Generation, End User and Region –

DUBLIN–(BUSINESS WIRE)–“Global Aviation Maintenance, Repair and Overhaul (MRO) Market: Analysis by Type, by Aircraft Type, by Aircraft Generation, by End User, by Region Size and Trends with Impact of COVID-19 and Forecast to 2026” report has been added’s offer.

The aviation maintenance, repair and overhaul market is expected to grow at a CAGR of 6.3% during the forecast period 2022-2026.

In 2021, the global aviation maintenance, repair and overhaul market was valued at USD 71.82 billion and is expected to reach USD 106.64 billion by 2026.

MRO is a notation for maintenance, repair and overhaul. This term refers to a set of activities and operations associated with the maintenance of an aircraft. This includes structural, systematic or equipment-related repairs to plant or equipment. The term also includes anything that has a significant impact on a facility’s day-to-day expenses and aircraft maintenance-related activities.

Increased air travel by individuals for business and pleasure will increase aircraft production in the future, which will significantly affect the aviation maintenance, repair and overhaul market. Increasing technological innovations and digitization in aviation maintenance, repair and overhaul is expected to further boost the growth of the market over the next few years.

Global Aviation Maintenance, Repair and Overhaul Market Dynamics:

Growth drivers: The aviation maintenance, repair and overhaul industry is increasing due to the increase in global defense spending. Increased budget for defense had led to an increase in the number of military aircraft and their maintenance is required from time to time. Recent rising geopolitical tensions have led to renewed interest among governments in increasing defense spending. Furthermore, the market is expected to increase due to increase in air traffic, increasing investment in aircraft MRO software, increasing government subsidies, passenger-to-freighter (P2F) conversion, etc. in recent years.

Challenges: The global supply chain disruption has led to a delay in expected aircraft retirement, affecting the availability of used parts or used serviceable material (USM). Maintenance, repair and overhaul facilities identify an approach to balance their inventory efficiently. A slowdown in the supply chain and shortage of chips in the market describes how small fluctuations in demand at the retail level can cause progressively larger fluctuations in demand at the wholesale, distributor, manufacturer and raw material supplier levels in the aerospace parts.

Trends: A key trend gaining momentum in aviation maintenance, repair and overhaul is the growing business travel. Going forward, business and corporate travel will increase and this will lead to demand for air transportation such as airplanes, planes, private jets, etc., which require maintenance and repair. Several market trends believed to boost the growth of the aviation MRO market over the forecast period include sustainability, digitization, adoption of blockchain technology, new use of retrofit technologies for improved aircraft and inspection robots and drones, etc.

Market Segmentation Analysis:

By Type: The engine maintenance segment accounted for the majority of the share of approximately 44% of the aviation MRO market in 2021. In the future, the rapid fleet expansion plans of airlines and military forces are expected to further drive the aircraft engine MRO market. Furthermore, the introduction of newer generation engines in new aircraft is expected to increase the demand for aircraft engine MRO. The new engines would have higher material requirements than previous generations of aircraft.

By aircraft type: Wide body segment accounted for more than half of the share in aviation maintenance, repair and overhaul in 2021, while the same segment is the fastest growing during the forecast period due to the increasing trend of turbofan engines in wide body aircraft. Over the past decade, outsourcing wide body aircraft MRO requirements to service providers in the Asia-Pacific region has been a prevailing trend in the industry.

By aircraft generation: Mid-generation aircraft held more than 60% of the aviation MRO market share in 2021. The fastest growing segment is new generation aircraft, as the new generation aircraft are more fuel efficient aircraft, they are powered by sustainable fuel. Major players in the market enter into collaborations with OEMs for aircraft maintenance and development of services for the new generation of aircraft.

By End User: The commercial segment had the largest share of 71% in the aviation maintenance, repair and overhaul market, with military being the fastest growing segment and MRO companies evolving from centralized maintenance diagnostic operations to the evolution of AI and analytics prescriptive maintenance operations. The increasing complexity of engine parts and the increased number of military aircraft accidents due to engine failure has resulted in the global defense increasing focus on frequent engine maintenance and periodic inspections.

By region: Asia-Pacific maintenance, repair and overhaul market held the highest share of 33% in 2021, primarily due to the dominance of China, Taiwan, South Korea, which is Asia-Pacific’s most attractive market for aviation MRO . Growth in China’s MRO space has accelerated as companies from the region’s emerging economies, such as Thailand and Indonesia, begin opening offices in China. Furthermore, several Chinese airlines have established their own MRO departments.

Competitive landscape and latest developments

The market players in the aircraft MRO market are mainly focusing on product and service improvements by integrating advanced features and technologies into their offerings.

The aviation maintenance, repair and overhaul market players have adopted various strategies such as mergers and acquisitions, partnerships and collaborations. For a moment, FL Technics acquired Wright International. The acquisition of Wright International gives FL Technics a foothold in the strategically important North American market and enabled it to serve its airlines across an even wider network of international locations. In addition, GE Aviation and Etihad Airways jointly launched GE’s 360 Foam Wash, a pioneering jet engine cleaning system, to optimize the performance of Etihad’s GE90 and GEnx-1B engines on its Boeing 777 and 787 fleets.

Taking advantage of the rapid pace of digitization, it can also be seen that MRO players that will emerge stronger from the COVID-19 pandemic are those that reinvent their existing business models and embrace technological innovation and streamline operational processes.

For example, ST Engineering received permission from the Civil Aviation Authority of Singapore (CAAS) to use its proprietary drone solution, DroScan, to perform General Visual Inspection (GVI) during aircraft maintenance on approved aircraft models, including the A320 family. The application of smart analytics could complement the inspectors’ review process in terms of detecting, classifying and correcting defects.

Market dynamics

Growth drivers

  • Rising global defense spending

  • Increase in the number of air passengers

  • Increasing investment in aircraft MRO software

  • Passenger-to-freighter (P2F) conversion.


  • Global supply chain disruption and chip shortages

Market trends

  • Growing business travel and increase in air passengers

  • Sustainability

  • Adoption of Block chain Technology

  • New use of retrofit technologies for improved aircraft

  • Inspection robots and drones

  • Digitization in Aviation MRO

The main players in the aviation maintenance, repair and overhaul market are:

  • Air France Industries KLM Engineering and Maintenance

  • SIA Engineering

  • Delta Airlines (Delta TechOps Service Group)

  • Singapore Technologies Engineering Ltd

  • Airbus SE

  • General Electrics (GE Aviation)

  • Turkish technique

  • Aeronautical engineering services

  • MRO Holding Inc.

  • Hong Kong Aircraft Engineering Company Ltd

  • AAR Corporation

  • Lufthansa Technik

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