Global Aircraft Line Maintenance market growth 2024, Forecast To 2033

The aircraft line maintenance market size has demonstrated robust growth in recent years, rising from $21.16 billion in 2023 to$22.55 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period is ascribed to increasing air travel demand, stringent regulatory requirements, globalization of airline operations, outsourcing trends, airline profitability and competition, and the increasing complexity of aircraft systems. Looking ahead, the market size is expected to witness substantial growth, reaching $28.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. This growth trajectory is driven by factors such as growing regional air connectivity, the adoption of new aircraft models, a focus on aircraft sustainability, government investments in aviation infrastructure, and the demand for on-wing engine maintenance. Major trends in the forecast period include the outsourcing of line maintenance services, adoption of predictive maintenance technologies, advancements in aircraft technology, integration of digital solutions, and an emphasis on training and skill development.