April 18, 2024

Air Transport MRO Market Size To Rake USD 129.70 Bn By 2032

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. 

Air Transport MRO Market Size 2023 To 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.

Get a Sample Reporthttps://www.precedenceresearch.com/sample/3527

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

Read More: U.S. Pharmacy Benefit Management Market Size To Rake USD 1,219.54 Bn By 2032

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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