Global Air Transport MRO Market
Aerospace and Defense

Global Air Transport MRO Market Size, Drivers, Trends, Opportunities And Strategies – Includes Air Transport MRO Market Size

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

Increased air travel is likely to spur innovation in air transport MRO manufacturing, propelling the market during the forecast period.

 

The global air transport MRO market is expected to grow from $79.60 billion in 2022 to $84.65 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The global air transport MRO market size is expected to reach $104 billion in 2027 at a CAGR of 5.3%.

 

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Global Air Transport MRO Market Segments Include:

  • By Type: Engine, Line, Airframes, Other Types
  • By Service: Heavy Maintenance Inspection, Engine Service Check, Component Maintenance, Line Maintenance, Avionic Standardization, Aircraft Conversions
  • By Aircraft Type: Narrow Body Aircraft, Wide-Body Aircraft, Regional Jet, Turbo Prop, Other Aircraft Types
  • By Application: Civil Air Transport MRO, Military Air Transport MRO
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global air transport MRO market in 2021.

 

Major Market Players in the air transport MRO market include AAR Corp., Delta Air Lines Inc., Deutsche Lufthansa AG, John Swire & Sons (H.K.) Limited, Airbus, Collins Aerospace, AFI KLM E&M, HAECO Group, MTU Aero Engines AG.

 

The primary trend gaining traction in the air transport MRO market is technological advancement. Major players in the air transport MRO market are focusing on the development of innovative technologies. For example, Jet Support Services, Inc. (JSSI), a US-based provider of aviation maintenance support and financial services, will deploy JSSI Maintenance Software in May 2022. JSSI Maintenance Software is distinguished by its offering of aeroplane maintenance tracking and maintenance, repair, and overhaul (MRO) software solutions. Jet Support Services, Inc. (JSSI) is focused on integrating and expanding these cutting-edge technologies in order to give better value to its clients.

 

The Air Transport MRO Global Market Report 2023  provides a air transport MRO market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The air transport MRO market forecast analyzes air transport MRO market size, air transport MRO market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

Air transport MRO is the process of performing maintenance procedures on aircraft and their components, such as landing gear and jet engines. Air transport MRO is used to ensure passenger safety and to streamline maintenance procedures.

 

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