by The global Air transport MRO market size was estimated to be around US$ 82.19 billion in 2023. It is projected to reach US$ 129.70 billion by 2032, indicating a CAGR of xx% from 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.
The market research report on the Air transport MRO market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Air transport MRO products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.
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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 report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.
Focusing on the global Air transport MRO market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Air transport MRO market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.
Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Air transport MRO products across different countries and applications.
Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.
The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.
This in-depth research report offers valuable insights into the Air transport MRO market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.
The competitive landscape section of the report provides detailed information on Air transport MRO market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Air transport MRO market.
Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report
Reasons to Purchase this Report:
- Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
- In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
- Market size in USD million and volume in million units provided for each segment and sub-segment.
- Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
- Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.
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.
Market Segmentations
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
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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