The Aircraft Maintenance, Repair and Overhauling Services Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Aircraft Maintenance, Repair and Overhauling Services Market?
The market size of the Aircraft Maintenance, Repair and Overhauling Services Global Market Report 2025 has seen robust growth in recent years. It is anticipated to increase from $86.87 billion in 2024 to $92.86 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Aircraft Maintenance, Repair and Overhauling Services Industry?
The global market for Aircraft Maintenance, Repair and Overhauling Services is projected to reach $117.8 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 6.1%.
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What are the Key Growth Drivers Fueling the Aircraft Maintenance, Repair and Overhauling Services Market?
The key drivers in the aircraft maintenance, repair and overhauling services market are:
• Expansion of the aircraft fleet
• The implementation of sustainability initiatives
• The rise in defense and military maintenance, repair, and overhauling services
• The development and application of new aircraft technologies.
Global Market Segmentation: Identifying Major Aircraft Maintenance, Repair and Overhauling Services Industry Segments
The aircraft maintenance, repair and overhauling services market covered in this report is segmented –
1) By Type: Commercial Aircrafts MRO Services, Commercial Helicopters MRO Services, Commercial Gliders and Drones MRO Services, Aircraft Turbines MRO Services, Aircraft Engines MRO Services, Rocket Engines MRO Services
2) By Aircraft Division: Engine, Cabin Interior, Airframe, Avionics, Others
3) By Size: Wide-Body, Narrow-Body, Regional, Others
4) By Service Type: Annual Maintenance Contract, Individual Works, Others
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What are the Emerging Trends Shaping the Future of the Aircraft Maintenance, Repair and Overhauling Services Market?
The key trends in the aircraft maintenance, repair and overhauling services market are:
• Electrification and weight reduction are anticipated future trends.
• Advanced materials usage is shaping the future of this market.
• Additive manufacturing is an emerging trend in the sector.
• Digital connectivity and increased collaboration and partnerships are expected to strongly influence the market.
Who Are the Top Competitors & Leading Players in the Aircraft Maintenance, Repair and Overhauling Services Market?
Major companies in the aircraft maintenance, repair and overhauling services market are:
• Lockheed Martin Corporation
• Airbus Group SE
• The Boeing Company
• Leonardo SpA
• Bae Systems plc
• Allen Aircraft Radio Corp
• Aeroman Inc.
• Air France Industries-KLM Engineering & Maintenance
• British Airways Engineering Services Ltd.
• Etihad Airways Engineering LLC
• General Electric Aircraft Engines
• Korean Air Lines Co Ltd.
• Lufthansa Technik Aktiengesellschaft
• Safran Aerosystems.
• Raytheon Technologies Corporation
• SIA Engineering Company Ltd.
• TAP Maintenance & Engineering
• Singapore Technologies Engineering Ltd.
• MTU Aero Engines AG
• Rolls-Royce Holdings plc
• Air India Engineering Services Ltd.
• Emirates Engineering Construction Pvt Ltd.
• StandardAero Aviation Holdings Inc.
• Air France Industries-KLM Engineering & Maintenance
• Avia Solutions Group PLC
• Garuda Indonesia Tbk
• Delta Air Lines Inc.
• Hong Kong Aircraft Engineering Co Ltd.
• Air Works India pvt Ltd.
• AJW China Co Ltd.
• Gama Aviation Ltd.
Regional Dominance: Which Area Leads the Global Aircraft Maintenance, Repair and Overhauling Services Market?
Asia-Pacific was the largest region in the aircraft maintenance, repair and overhauling services market in 2023
