by The air transport MRO market size is poised to grow by USD 129.70 billion by 2032 from USD 82.19 billion in 2023, exhibiting a CAGR of 5.20% during the forecast period 2023-2032.
Key Takeaways
- Asia Pacific contributed more than 34% of revenue share in 2022.
- North America is estimated to expand the fastest CAGR between 2023 and 2032.
- By service type, the engine overhaul segment has held the largest market share of 41% in 2022.
- By service type, the component segment is anticipated to grow at a remarkable CAGR of 6.3% between 2023 and 2032.
- By organization type, the independent MRO segment generated over 52% of revenue share in 2022.
- By organization type, the OEMs segment is expected to expand at the fastest CAGR over the projected period.
- By aircraft type, the narrow body segment generated over 55% of revenue share in 2022.
- By aircraft type, the wide-body segment is expected to expand at the fastest CAGR over the projected period.
Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Air transport MRO market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.
To begin with, the Air transport MRO Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.
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Air Transport MRO Market Scope
| Report Coverage | Details |
| Growth Rate from 2023 to 2032 | CAGR of 5.20% |
| Market Size in 2023 | USD 82.19 Billion |
| Market Size by 2032 | USD 129.70 Billion |
| Largest Market | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Service Type, By Organization Type, and By Aircraft Type |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
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The empirical study on the global Air transport MRO market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Air transport MRO Market. Our market report for the Air transport MRO market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.
Air Transport MRO Market Players
- Boeing Global Services
- Airbus S.A.S
- Lufthansa Technik AG
- GE Aviation
- SIA Engineering Company Ltd.
- ST Engineering Aerospace
- Delta TechOps
- AAR Corp
- Rolls-Royce plc
- Safran Aircraft Engines
- United Technologies Corporation
- Honeywell Aerospace
- HAECO Group
- MTU Aero Engines AG
- Turkish Technic Inc.
Data Sources and Methodology
To gather comprehensive insights on the Global Air transport MRO Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.
We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Air transport MRO Market.
The most resonating, simple, genuine, and important causes because of which you must decide to buy the Air transport MRO market report exclusively from precedence research
- The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.
Key Features of the Report:
- Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
- Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
- Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.
Market Segmentation:
By Service Type
- Engine Overhaul
- Airframe Maintenance
- Line Maintenance
- Modification
- Components
By Organization Type
- Airline/Operator MRO
- Independent MRO
- Original Equipment Manufacturer (OEM) MRO
By Aircraft Type
- Narrow-body
- Wide-body
- Regional Jet
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Reasons to Consider Purchasing the Report:
- Enhance your market research capabilities by accessing this comprehensive and precise report on the global Air transport MRO market.
- Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
- Benefit from in-depth research and analysis of the latest trends shaping the global Air transport MRO market.
- Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Air transport MRO market.
- Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
- Discover not only the cutting-edge technological advancements in the global Air transport MRO market but also the strategic plans of industry leaders.
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Air Transport MRO Market
5.1. COVID-19 Landscape: Air Transport MRO Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Air Transport MRO Market, By Service Type
8.1. Air Transport MRO Market, by Service Type, 2023-2032
8.1.1 Engine Overhaul
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Airframe Maintenance
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Line Maintenance
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Modification
8.1.4.1. Market Revenue and Forecast (2020-2032)
8.1.5. Components
8.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Air Transport MRO Market, By Organization Type
9.1. Air Transport MRO Market, by Organization Type, 2023-2032
9.1.1. Airline/Operator MRO
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Independent MRO
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Original Equipment Manufacturer (OEM) MRO
9.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Air Transport MRO Market, By Aircraft Type
10.1. Air Transport MRO Market, by Aircraft Type, 2023-2032
10.1.1. Narrow-body
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Wide-body
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Regional Jet
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Others
10.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Air Transport MRO Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.1.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.1.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.1.4.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.1.4.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.1.5.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.1.5.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.2.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.2.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.2.4.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.2.4.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.2.5.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.2.5.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.2.6.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.2.6.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.2.7.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.2.7.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.3.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.3.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.3.4.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.3.4.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.3.5.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.3.5.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.3.6.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.3.6.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.3.7.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.3.7.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.4.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.4.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.4.4.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.4.4.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.4.5.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.4.5.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.4.6.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.4.6.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.4.7.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.4.7.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.5.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.5.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.5.4.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.5.4.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.5.5.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.5.5.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
Chapter 12. Company Profiles
12.1. Boeing Global Services
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Airbus S.A.S
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Lufthansa Technik AG
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. GE Aviation
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. SIA Engineering Company Ltd.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. ST Engineering Aerospace
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Delta TechOps
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. AAR Corp
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Rolls-Royce plc
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Safran Aircraft Engines
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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