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Aircraft Component MRO Market 2024-2032 Analysis: Trends, Competitor Dynamics, and Growth Opportunities

Aircraft Component MRO Market by Aircraft Type (Commercial Aircraft (Narrow Body, Wide Body, Regional Aircraft), by Component (Engine, Wheel, Brakes, Landing Gear, Avionics, Fuel System, Hydraulic System, Cockpit System, Flight Control, Electrical Systems, Thrust Reverser, Others), by Maintenance Service (Inspection, Overhaul, Repairs, Others), by Forecast 2024-2032

Jun 3 2024
Base Year: 2023
200 Pages
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Aircraft Component MRO Market 2024-2032 Analysis: Trends, Competitor Dynamics, and Growth Opportunities

Key Insights

The Aircraft Component MRO Market size was valued at USD 19.73 billion in 2023 and is projected to reach USD 31.39 billion by 2032, exhibiting a CAGR of 6.97 % during the forecast period. Aerospace Component Maintenance, Repair, and Overhaul (MRO) is the broad process wherein services are offered to guarantee the efficiency of aero spreads and its related components. This involves checking, fixing, and evaluating different aspects and subsystems of an aircraft including engines, undercarriage, electronics, and others. The MRO include line maintenance in which flying checks and slight repairs are done on the plane when it is not in use and heavy maintenance is the checks and repairs that require extensive work on the plane. Techniques include safety compliance, intensive use of modern technology like the predictive maintenance system and qualified professional technicians who have a background in aerospace engineering. Aircraft component MRO is a service that is widely used in commercial aeroplanes, military aviation, private and business aviation, and OEM industries. Advantages of performing regular maintenance include aircraft safety being improved, higher levels of efficiency, parts of the aircraft lasting longer, and economical benefits of a preventive approach towards maintenance.

Aircraft Component MRO Market Research Report - Market Size, Growth & Forecast

Aircraft Component MRO Trends

  • Growing focus on predictive maintenance and digitalization
  • Adoption of advanced materials and technologies
  • Shift towards line maintenance and on-wing repairs

Driving Forces: What's Propelling the Aircraft Component MRO Market

  • Rising passenger traffic and aircraft deliveries
  • Ageing aircraft fleet requiring regular maintenance
  • Increasing safety and regulatory compliance requirements
  • Emergence of low-cost carriers and their demand for cost-effective MRO services

Challenges and Restraints in the Aircraft Component MRO Market

  • High capital and operating costs
  • Skilled labour shortage
  • Supply chain disruptions due to geopolitical events
  • Emergence of counterfeit and non-approved parts

Emerging Trends in Aircraft Component MRO

  • Adoption of additive manufacturing (3D printing) for spare part production
  • Use of augmented reality (AR) and virtual reality (VR) for training and maintenance
  • Development of autonomous and robotic maintenance systems

Growth Catalysts in the Aircraft Component MRO Industry

Aircraft Component MRO Market Growth
  • Government initiatives and incentives to promote MRO in emerging markets
  • Increasing demand for MRO services from leasing companies and airlines
  • Collaboration and partnerships between OEMs, MRO providers, and airlines

Market Segmentation: Aircraft Component MRO Analysis

Aircraft Type:

  • Commercial Aircraft
    • Narrow Body
    • Wide Body
    • Regional Aircraft

Component:

  • Seats
  • Wheel and Brakes
  • Landing Gear
  • Avionics
  • Fuel System
  • Hydraulic System
  • Cockpit System
  • Flight Control
  • Electrical Systems
  • Thrust Reverser
  • Others

Maintenance Service:

  • Inspection
  • Overhaul
  • Repairs
  • Others

Leading Players in the Aircraft Component MRO Market

  • Lufthansa Technik (Germany)
  • AAR Corp. (U.S.)
  • SIA Engineering Company (Singapore)
  • ST Aerospace (Singapore)
  • ST Engineering (Singapore)
  • BOEING Company (U.S.)
  • SR Technics (Switzerland)
  • GE Aviation (U.S.)
  • HAECO (Hong Kong)
  • Bombardier Inc. (Canada)

Significant Developments in the Aircraft Component MRO Sector

  • May 2022 – OASES launched a new maintenance control module.
  • June 2022 – Ghana's Aerojet and Joramco formed an agreement to establish an MRO training academy in Ghana.
  • December 2022 – Embraer signed maintenance service agreements with JSX and Envoy Air Inc.
  • May 2023 – ExecuJet MRO Services launched a new maintenance facility in Dubai.
  • April 2023 – Azul Airlines unveiled its new MRO services unit.

Comprehensive Coverage Aircraft Component MRO Market Report

This report provides a comprehensive analysis of the aircraft component MRO market, including:

  • Market Size and Growth Forecasts
  • Key market trends and drivers
  • Challenges and restraints
  • Emerging trends and growth catalysts
  • Market segmentation
  • Competitive landscape
  • Company profiles
  • Industry developments and case studies

Regional Insight

Aircraft Component MRO Market Regional Share

The report offers a detailed analysis of the aircraft component MRO market across major regions, including:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Aircraft Component MRO Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 6.97% from 2018-2032
Segmentation
    • By Aircraft Type
      • Commercial Aircraft (Narrow Body
      • Wide Body
      • Regional Aircraft
    • By Component
      • Engine
      • Wheel
      • Brakes
      • Landing Gear
      • Avionics
      • Fuel System
      • Hydraulic System
      • Cockpit System
      • Flight Control
      • Electrical Systems
      • Thrust Reverser
      • Others
    • By Maintenance Service
      • Inspection
      • Overhaul
      • Repairs
      • Others
  • By Geography

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Various Upgradations in Existing Naval Guns and Ammunition to Aid Market Growth
      • 3.3. Market Restrains
        • 3.3.1. Slow Rate of Implementation of Security Systems and Lack of Proactive Measures to Hamper the Market Growth
      • 3.4. Market Trends
        • 3.4.1. Integration of Laser Based Weapons with Naval Artillery is an Ongoing Trend in the Market
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Aircraft Component MRO Market Analysis, Insights and Forecast, 2018-2030
    • 5.1. Market Analysis, Insights and Forecast - by Aircraft Type
      • 5.1.1. Commercial Aircraft (Narrow Body
      • 5.1.2. Wide Body
      • 5.1.3. Regional Aircraft
    • 5.2. Market Analysis, Insights and Forecast - by Component
      • 5.2.1. Engine
      • 5.2.2. Wheel
      • 5.2.3. Brakes
      • 5.2.4. Landing Gear
      • 5.2.5. Avionics
      • 5.2.6. Fuel System
      • 5.2.7. Hydraulic System
      • 5.2.8. Cockpit System
      • 5.2.9. Flight Control
      • 5.2.10. Electrical Systems
      • 5.2.11. Thrust Reverser
      • 5.2.12. Others
    • 5.3. Market Analysis, Insights and Forecast - by Maintenance Service
      • 5.3.1. Inspection
      • 5.3.2. Overhaul
      • 5.3.3. Repairs
      • 5.3.4. Others
    • 5.4. Market Analysis, Insights and Forecast - by Region
      • 5.4.1.
  6. 6. North America Aircraft Component MRO Market Analysis, Insights and Forecast, 2018-2030
      • 6.1. Market Analysis, Insights and Forecast - By Aircraft Type
        • 6.1.1 Commercial Aircraft (Narrow Body
        • 6.1.2 Wide Body
        • 6.1.3 and Regional Aircraft
      • 6.2. Market Analysis, Insights and Forecast - By Component
        • 6.2.1 Seats
        • 6.2.2 Wheel and Brakes
        • 6.2.3 Landing Gear
        • 6.2.4 Avionics
        • 6.2.5 Fuel System
        • 6.2.6 Hydraulic System
        • 6.2.7 Cockpit System
        • 6.2.8 Flight Control
        • 6.2.9 Electrical Systems
        • 6.2.10 Thrust Reverser
        • 6.2.11 and Others
      • 6.3. Market Analysis, Insights and Forecast - By Maintenance Service
        • 6.3.1 Inspection
        • 6.3.2 Overhaul
        • 6.3.3 Repairs
        • 6.3.4 and Others
      • 6.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 6.4.1 United States
        • 6.4.2 Canada
        • 6.4.3 Mexico
  7. 7. South America Aircraft Component MRO Market Analysis, Insights and Forecast, 2018-2030
      • 7.1. Market Analysis, Insights and Forecast - By Aircraft Type
        • 7.1.1 Commercial Aircraft (Narrow Body
        • 7.1.2 Wide Body
        • 7.1.3 and Regional Aircraft
      • 7.2. Market Analysis, Insights and Forecast - By Component
        • 7.2.1 Seats
        • 7.2.2 Wheel and Brakes
        • 7.2.3 Landing Gear
        • 7.2.4 Avionics
        • 7.2.5 Fuel System
        • 7.2.6 Hydraulic System
        • 7.2.7 Cockpit System
        • 7.2.8 Flight Control
        • 7.2.9 Electrical Systems
        • 7.2.10 Thrust Reverser
        • 7.2.11 and Others
      • 7.3. Market Analysis, Insights and Forecast - By Maintenance Service
        • 7.3.1 Inspection
        • 7.3.2 Overhaul
        • 7.3.3 Repairs
        • 7.3.4 and Others
      • 7.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 7.4.1 Brazil
        • 7.4.2 Argentina
        • 7.4.3 Rest of South America
  8. 8. Europe Aircraft Component MRO Market Analysis, Insights and Forecast, 2018-2030
      • 8.1. Market Analysis, Insights and Forecast - By Aircraft Type
        • 8.1.1 Commercial Aircraft (Narrow Body
        • 8.1.2 Wide Body
        • 8.1.3 and Regional Aircraft
      • 8.2. Market Analysis, Insights and Forecast - By Component
        • 8.2.1 Seats
        • 8.2.2 Wheel and Brakes
        • 8.2.3 Landing Gear
        • 8.2.4 Avionics
        • 8.2.5 Fuel System
        • 8.2.6 Hydraulic System
        • 8.2.7 Cockpit System
        • 8.2.8 Flight Control
        • 8.2.9 Electrical Systems
        • 8.2.10 Thrust Reverser
        • 8.2.11 and Others
      • 8.3. Market Analysis, Insights and Forecast - By Maintenance Service
        • 8.3.1 Inspection
        • 8.3.2 Overhaul
        • 8.3.3 Repairs
        • 8.3.4 and Others
      • 8.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 8.4.1 Germany
        • 8.4.2 France
        • 8.4.3 Italy
        • 8.4.4 United Kingdom
        • 8.4.5 Netherlands
        • 8.4.6 Rest of Europe
  9. 9. Asia Pacific Aircraft Component MRO Market Analysis, Insights and Forecast, 2018-2030
      • 9.1. Market Analysis, Insights and Forecast - By Aircraft Type
        • 9.1.1 Commercial Aircraft (Narrow Body
        • 9.1.2 Wide Body
        • 9.1.3 and Regional Aircraft
      • 9.2. Market Analysis, Insights and Forecast - By Component
        • 9.2.1 Seats
        • 9.2.2 Wheel and Brakes
        • 9.2.3 Landing Gear
        • 9.2.4 Avionics
        • 9.2.5 Fuel System
        • 9.2.6 Hydraulic System
        • 9.2.7 Cockpit System
        • 9.2.8 Flight Control
        • 9.2.9 Electrical Systems
        • 9.2.10 Thrust Reverser
        • 9.2.11 and Others
      • 9.3. Market Analysis, Insights and Forecast - By Maintenance Service
        • 9.3.1 Inspection
        • 9.3.2 Overhaul
        • 9.3.3 Repairs
        • 9.3.4 and Others
      • 9.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 9.4.1 China
        • 9.4.2 Japan
        • 9.4.3 India
        • 9.4.4 South Korea
        • 9.4.5 Taiwan
        • 9.4.6 Australia
        • 9.4.7 Rest of Asia-Pacific
  10. 10. MEA Aircraft Component MRO Market Analysis, Insights and Forecast, 2018-2030
      • 10.1. Market Analysis, Insights and Forecast - By Aircraft Type
        • 10.1.1 Commercial Aircraft (Narrow Body
        • 10.1.2 Wide Body
        • 10.1.3 and Regional Aircraft
      • 10.2. Market Analysis, Insights and Forecast - By Component
        • 10.2.1 Seats
        • 10.2.2 Wheel and Brakes
        • 10.2.3 Landing Gear
        • 10.2.4 Avionics
        • 10.2.5 Fuel System
        • 10.2.6 Hydraulic System
        • 10.2.7 Cockpit System
        • 10.2.8 Flight Control
        • 10.2.9 Electrical Systems
        • 10.2.10 Thrust Reverser
        • 10.2.11 and Others
      • 10.3. Market Analysis, Insights and Forecast - By Maintenance Service
        • 10.3.1 Inspection
        • 10.3.2 Overhaul
        • 10.3.3 Repairs
        • 10.3.4 and Others
      • 10.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 10.4.1 Middle East
        • 10.4.2 Africa
  11. 11. Competitive Analysis
    • 11.1. Global Market Share Analysis 2023
      • 11.2. Company Profiles
        • 11.2.1 Lufthansa Technik (Germany)
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 AAR Corp. (U.S.)
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 SIA Engineering Company (Singapore)
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 ST Aerospace (Singapore)
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 ST Engineering (Singapore)
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 BOEING Company (U.S.)
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 SR Technics (Switzerland)
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 GE Aviation (U.S.)
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 HAECO (Hong Kong)
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 Bombardier Inc. (Canada)
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: Global Aircraft Component MRO Market Revenue Breakdown (USD Billion, %) by Region 2023 & 2031
  2. Figure 2: Global Aircraft Component MRO Market Volume Breakdown (K Units, %) by Region 2023 & 2031
  3. Figure 3: Global Aircraft Component MRO Market Revenue (USD Billion), by Aircraft Type 2023 & 2031
  4. Figure 4: Global Aircraft Component MRO Market Volume (K Units), by Aircraft Type 2023 & 2031
  5. Figure 5: Global Aircraft Component MRO Market Revenue Share (%), by Aircraft Type 2023 & 2031
  6. Figure 6: Global Aircraft Component MRO Market Volume Share (%), by Aircraft Type 2023 & 2031
  7. Figure 7: Global Aircraft Component MRO Market Forecast (USD Billion), by Commercial Aircraft (Narrow Body 2020 & 2031
  8. Figure 8: Global Aircraft Component MRO Market Forecast (K Units), by Commercial Aircraft (Narrow Body 2020 & 2031
  9. Figure 9: Global Aircraft Component MRO Market Forecast (USD Billion), by Wide Body 2020 & 2031
  10. Figure 10: Global Aircraft Component MRO Market Forecast (K Units), by Wide Body 2020 & 2031
  11. Figure 11: Global Aircraft Component MRO Market Forecast (USD Billion), by Regional Aircraft 2020 & 2031
  12. Figure 12: Global Aircraft Component MRO Market Forecast (K Units), by Regional Aircraft 2020 & 2031
  13. Figure 13: Global Aircraft Component MRO Market Revenue (USD Billion), by Component 2023 & 2031
  14. Figure 14: Global Aircraft Component MRO Market Volume (K Units), by Component 2023 & 2031
  15. Figure 15: Global Aircraft Component MRO Market Revenue Share (%), by Component 2023 & 2031
  16. Figure 16: Global Aircraft Component MRO Market Volume Share (%), by Component 2023 & 2031
  17. Figure 17: Global Aircraft Component MRO Market Forecast (USD Billion), by Engine 2020 & 2031
  18. Figure 18: Global Aircraft Component MRO Market Forecast (K Units), by Engine 2020 & 2031
  19. Figure 19: Global Aircraft Component MRO Market Forecast (USD Billion), by Wheel 2020 & 2031
  20. Figure 20: Global Aircraft Component MRO Market Forecast (K Units), by Wheel 2020 & 2031
  21. Figure 21: Global Aircraft Component MRO Market Forecast (USD Billion), by Brakes 2020 & 2031
  22. Figure 22: Global Aircraft Component MRO Market Forecast (K Units), by Brakes 2020 & 2031
  23. Figure 23: Global Aircraft Component MRO Market Forecast (USD Billion), by Landing Gear 2020 & 2031
  24. Figure 24: Global Aircraft Component MRO Market Forecast (K Units), by Landing Gear 2020 & 2031
  25. Figure 25: Global Aircraft Component MRO Market Forecast (USD Billion), by Avionics 2020 & 2031
  26. Figure 26: Global Aircraft Component MRO Market Forecast (K Units), by Avionics 2020 & 2031
  27. Figure 27: Global Aircraft Component MRO Market Forecast (USD Billion), by Fuel System 2020 & 2031
  28. Figure 28: Global Aircraft Component MRO Market Forecast (K Units), by Fuel System 2020 & 2031
  29. Figure 29: Global Aircraft Component MRO Market Forecast (USD Billion), by Hydraulic System 2020 & 2031
  30. Figure 30: Global Aircraft Component MRO Market Forecast (K Units), by Hydraulic System 2020 & 2031
  31. Figure 31: Global Aircraft Component MRO Market Forecast (USD Billion), by Cockpit System 2020 & 2031
  32. Figure 32: Global Aircraft Component MRO Market Forecast (K Units), by Cockpit System 2020 & 2031
  33. Figure 33: Global Aircraft Component MRO Market Forecast (USD Billion), by Flight Control 2020 & 2031
  34. Figure 34: Global Aircraft Component MRO Market Forecast (K Units), by Flight Control 2020 & 2031
  35. Figure 35: Global Aircraft Component MRO Market Forecast (USD Billion), by Electrical Systems 2020 & 2031
  36. Figure 36: Global Aircraft Component MRO Market Forecast (K Units), by Electrical Systems 2020 & 2031
  37. Figure 37: Global Aircraft Component MRO Market Forecast (USD Billion), by Thrust Reverser 2020 & 2031
  38. Figure 38: Global Aircraft Component MRO Market Forecast (K Units), by Thrust Reverser 2020 & 2031
  39. Figure 39: Global Aircraft Component MRO Market Forecast (USD Billion), by Others 2020 & 2031
  40. Figure 40: Global Aircraft Component MRO Market Forecast (K Units), by Others 2020 & 2031
  41. Figure 41: Global Aircraft Component MRO Market Revenue (USD Billion), by Maintenance Service 2023 & 2031
  42. Figure 42: Global Aircraft Component MRO Market Volume (K Units), by Maintenance Service 2023 & 2031
  43. Figure 43: Global Aircraft Component MRO Market Revenue Share (%), by Maintenance Service 2023 & 2031
  44. Figure 44: Global Aircraft Component MRO Market Volume Share (%), by Maintenance Service 2023 & 2031
  45. Figure 45: Global Aircraft Component MRO Market Forecast (USD Billion), by Inspection 2020 & 2031
  46. Figure 46: Global Aircraft Component MRO Market Forecast (K Units), by Inspection 2020 & 2031
  47. Figure 47: Global Aircraft Component MRO Market Forecast (USD Billion), by Overhaul 2020 & 2031
  48. Figure 48: Global Aircraft Component MRO Market Forecast (K Units), by Overhaul 2020 & 2031
  49. Figure 49: Global Aircraft Component MRO Market Forecast (USD Billion), by Repairs 2020 & 2031
  50. Figure 50: Global Aircraft Component MRO Market Forecast (K Units), by Repairs 2020 & 2031
  51. Figure 51: Global Aircraft Component MRO Market Forecast (USD Billion), by Others 2020 & 2031
  52. Figure 52: Global Aircraft Component MRO Market Forecast (K Units), by Others 2020 & 2031
  53. Figure 53: Global Aircraft Component MRO Market Revenue (USD Billion), by Region 2023 & 2031
  54. Figure 54: Global Aircraft Component MRO Market Volume (K Units), by Region 2023 & 2031
  55. Figure 55: Global Aircraft Component MRO Market Revenue Share (%), by Region 2023 & 2031
  56. Figure 56: Global Aircraft Component MRO Market Volume Share (%), by Region 2023 & 2031
  57. Figure 57: North America Aircraft Component MRO Market Revenue (USD Billion), by Aircraft Type 2023 & 2031
  58. Figure 58: North America Aircraft Component MRO Market Volume (K Units), by Aircraft Type 2023 & 2031
  59. Figure 59: North America Aircraft Component MRO Market Revenue Share (%), by Aircraft Type 2023 & 2031
  60. Figure 60: North America Aircraft Component MRO Market Volume Share (%), by Aircraft Type 2023 & 2031
  61. Figure 61: North America Aircraft Component MRO Market Revenue (USD Billion), by Component 2023 & 2031
  62. Figure 62: North America Aircraft Component MRO Market Volume (K Units), by Component 2023 & 2031
  63. Figure 63: North America Aircraft Component MRO Market Revenue Share (%), by Component 2023 & 2031
  64. Figure 64: North America Aircraft Component MRO Market Volume Share (%), by Component 2023 & 2031
  65. Figure 65: North America Aircraft Component MRO Market Revenue (USD Billion), by Maintenance Service 2023 & 2031
  66. Figure 66: North America Aircraft Component MRO Market Volume (K Units), by Maintenance Service 2023 & 2031
  67. Figure 67: North America Aircraft Component MRO Market Revenue Share (%), by Maintenance Service 2023 & 2031
  68. Figure 68: North America Aircraft Component MRO Market Volume Share (%), by Maintenance Service 2023 & 2031
  69. Figure 69: North America Aircraft Component MRO Market Revenue (USD Billion), by Country 2023 & 2031
  70. Figure 70: North America Aircraft Component MRO Market Volume (K Units), by Country 2023 & 2031
  71. Figure 71: North America Aircraft Component MRO Market Revenue Share (%), by Country 2023 & 2031
  72. Figure 72: North America Aircraft Component MRO Market Volume Share (%), by Country 2023 & 2031
  73. Figure 73: South America Aircraft Component MRO Market Revenue (USD Billion), by Aircraft Type 2023 & 2031
  74. Figure 74: South America Aircraft Component MRO Market Volume (K Units), by Aircraft Type 2023 & 2031
  75. Figure 75: South America Aircraft Component MRO Market Revenue Share (%), by Aircraft Type 2023 & 2031
  76. Figure 76: South America Aircraft Component MRO Market Volume Share (%), by Aircraft Type 2023 & 2031
  77. Figure 77: South America Aircraft Component MRO Market Revenue (USD Billion), by Component 2023 & 2031
  78. Figure 78: South America Aircraft Component MRO Market Volume (K Units), by Component 2023 & 2031
  79. Figure 79: South America Aircraft Component MRO Market Revenue Share (%), by Component 2023 & 2031
  80. Figure 80: South America Aircraft Component MRO Market Volume Share (%), by Component 2023 & 2031
  81. Figure 81: South America Aircraft Component MRO Market Revenue (USD Billion), by Maintenance Service 2023 & 2031
  82. Figure 82: South America Aircraft Component MRO Market Volume (K Units), by Maintenance Service 2023 & 2031
  83. Figure 83: South America Aircraft Component MRO Market Revenue Share (%), by Maintenance Service 2023 & 2031
  84. Figure 84: South America Aircraft Component MRO Market Volume Share (%), by Maintenance Service 2023 & 2031
  85. Figure 85: South America Aircraft Component MRO Market Revenue (USD Billion), by Country 2023 & 2031
  86. Figure 86: South America Aircraft Component MRO Market Volume (K Units), by Country 2023 & 2031
  87. Figure 87: South America Aircraft Component MRO Market Revenue Share (%), by Country 2023 & 2031
  88. Figure 88: South America Aircraft Component MRO Market Volume Share (%), by Country 2023 & 2031
  89. Figure 89: Europe Aircraft Component MRO Market Revenue (USD Billion), by Aircraft Type 2023 & 2031
  90. Figure 90: Europe Aircraft Component MRO Market Volume (K Units), by Aircraft Type 2023 & 2031
  91. Figure 91: Europe Aircraft Component MRO Market Revenue Share (%), by Aircraft Type 2023 & 2031
  92. Figure 92: Europe Aircraft Component MRO Market Volume Share (%), by Aircraft Type 2023 & 2031
  93. Figure 93: Europe Aircraft Component MRO Market Revenue (USD Billion), by Component 2023 & 2031
  94. Figure 94: Europe Aircraft Component MRO Market Volume (K Units), by Component 2023 & 2031
  95. Figure 95: Europe Aircraft Component MRO Market Revenue Share (%), by Component 2023 & 2031
  96. Figure 96: Europe Aircraft Component MRO Market Volume Share (%), by Component 2023 & 2031
  97. Figure 97: Europe Aircraft Component MRO Market Revenue (USD Billion), by Maintenance Service 2023 & 2031
  98. Figure 98: Europe Aircraft Component MRO Market Volume (K Units), by Maintenance Service 2023 & 2031
  99. Figure 99: Europe Aircraft Component MRO Market Revenue Share (%), by Maintenance Service 2023 & 2031
  100. Figure 100: Europe Aircraft Component MRO Market Volume Share (%), by Maintenance Service 2023 & 2031
  101. Figure 101: Europe Aircraft Component MRO Market Revenue (USD Billion), by Country 2023 & 2031
  102. Figure 102: Europe Aircraft Component MRO Market Volume (K Units), by Country 2023 & 2031
  103. Figure 103: Europe Aircraft Component MRO Market Revenue Share (%), by Country 2023 & 2031
  104. Figure 104: Europe Aircraft Component MRO Market Volume Share (%), by Country 2023 & 2031
  105. Figure 105: Asia Pacific Aircraft Component MRO Market Revenue (USD Billion), by Aircraft Type 2023 & 2031
  106. Figure 106: Asia Pacific Aircraft Component MRO Market Volume (K Units), by Aircraft Type 2023 & 2031
  107. Figure 107: Asia Pacific Aircraft Component MRO Market Revenue Share (%), by Aircraft Type 2023 & 2031
  108. Figure 108: Asia Pacific Aircraft Component MRO Market Volume Share (%), by Aircraft Type 2023 & 2031
  109. Figure 109: Asia Pacific Aircraft Component MRO Market Revenue (USD Billion), by Component 2023 & 2031
  110. Figure 110: Asia Pacific Aircraft Component MRO Market Volume (K Units), by Component 2023 & 2031
  111. Figure 111: Asia Pacific Aircraft Component MRO Market Revenue Share (%), by Component 2023 & 2031
  112. Figure 112: Asia Pacific Aircraft Component MRO Market Volume Share (%), by Component 2023 & 2031
  113. Figure 113: Asia Pacific Aircraft Component MRO Market Revenue (USD Billion), by Maintenance Service 2023 & 2031
  114. Figure 114: Asia Pacific Aircraft Component MRO Market Volume (K Units), by Maintenance Service 2023 & 2031
  115. Figure 115: Asia Pacific Aircraft Component MRO Market Revenue Share (%), by Maintenance Service 2023 & 2031
  116. Figure 116: Asia Pacific Aircraft Component MRO Market Volume Share (%), by Maintenance Service 2023 & 2031
  117. Figure 117: Asia Pacific Aircraft Component MRO Market Revenue (USD Billion), by Country 2023 & 2031
  118. Figure 118: Asia Pacific Aircraft Component MRO Market Volume (K Units), by Country 2023 & 2031
  119. Figure 119: Asia Pacific Aircraft Component MRO Market Revenue Share (%), by Country 2023 & 2031
  120. Figure 120: Asia Pacific Aircraft Component MRO Market Volume Share (%), by Country 2023 & 2031
  121. Figure 121: MEA Aircraft Component MRO Market Revenue (USD Billion), by Aircraft Type 2023 & 2031
  122. Figure 122: MEA Aircraft Component MRO Market Volume (K Units), by Aircraft Type 2023 & 2031
  123. Figure 123: MEA Aircraft Component MRO Market Revenue Share (%), by Aircraft Type 2023 & 2031
  124. Figure 124: MEA Aircraft Component MRO Market Volume Share (%), by Aircraft Type 2023 & 2031
  125. Figure 125: MEA Aircraft Component MRO Market Revenue (USD Billion), by Component 2023 & 2031
  126. Figure 126: MEA Aircraft Component MRO Market Volume (K Units), by Component 2023 & 2031
  127. Figure 127: MEA Aircraft Component MRO Market Revenue Share (%), by Component 2023 & 2031
  128. Figure 128: MEA Aircraft Component MRO Market Volume Share (%), by Component 2023 & 2031
  129. Figure 129: MEA Aircraft Component MRO Market Revenue (USD Billion), by Maintenance Service 2023 & 2031
  130. Figure 130: MEA Aircraft Component MRO Market Volume (K Units), by Maintenance Service 2023 & 2031
  131. Figure 131: MEA Aircraft Component MRO Market Revenue Share (%), by Maintenance Service 2023 & 2031
  132. Figure 132: MEA Aircraft Component MRO Market Volume Share (%), by Maintenance Service 2023 & 2031
  133. Figure 133: MEA Aircraft Component MRO Market Revenue (USD Billion), by Country 2023 & 2031
  134. Figure 134: MEA Aircraft Component MRO Market Volume (K Units), by Country 2023 & 2031
  135. Figure 135: MEA Aircraft Component MRO Market Revenue Share (%), by Country 2023 & 2031
  136. Figure 136: MEA Aircraft Component MRO Market Volume Share (%), by Country 2023 & 2031
  137. Figure 137: Aircraft Component MRO Market Revenue (USD Billion), by Aircraft Type 2023 & 2031
  138. Figure 138: Aircraft Component MRO Market Volume (K Units), by Aircraft Type 2023 & 2031
  139. Figure 139: Aircraft Component MRO Market Revenue Share (%), by Aircraft Type 2023 & 2031
  140. Figure 140: Aircraft Component MRO Market Volume Share (%), by Aircraft Type 2023 & 2031
  141. Figure 141: Aircraft Component MRO Market Revenue (USD Billion), by Component 2023 & 2031
  142. Figure 142: Aircraft Component MRO Market Volume (K Units), by Component 2023 & 2031
  143. Figure 143: Aircraft Component MRO Market Revenue Share (%), by Component 2023 & 2031
  144. Figure 144: Aircraft Component MRO Market Volume Share (%), by Component 2023 & 2031
  145. Figure 145: Aircraft Component MRO Market Revenue (USD Billion), by Maintenance Service 2023 & 2031
  146. Figure 146: Aircraft Component MRO Market Volume (K Units), by Maintenance Service 2023 & 2031
  147. Figure 147: Aircraft Component MRO Market Revenue Share (%), by Maintenance Service 2023 & 2031
  148. Figure 148: Aircraft Component MRO Market Volume Share (%), by Maintenance Service 2023 & 2031
  149. Figure 149: Aircraft Component MRO Market Revenue (USD Billion), by Country 2023 & 2031
  150. Figure 150: Aircraft Component MRO Market Volume (K Units), by Country 2023 & 2031
  151. Figure 151: Aircraft Component MRO Market Revenue Share (%), by Country 2023 & 2031
  152. Figure 152: Aircraft Component MRO Market Volume Share (%), by Country 2023 & 2031
List of Tables
  1. Table 1: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Aircraft Type 2018 & 2031
  2. Table 2: Global Aircraft Component MRO Market Volume K Units Forecast, by Aircraft Type 2018 & 2031
  3. Table 3: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Component 2018 & 2031
  4. Table 4: Global Aircraft Component MRO Market Volume K Units Forecast, by Component 2018 & 2031
  5. Table 5: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Maintenance Service 2018 & 2031
  6. Table 6: Global Aircraft Component MRO Market Volume K Units Forecast, by Maintenance Service 2018 & 2031
  7. Table 7: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Region 2018 & 2031
  8. Table 8: Global Aircraft Component MRO Market Volume K Units Forecast, by Region 2018 & 2031
  9. Table 9: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Aircraft Type 2018 & 2031
  10. Table 10: Global Aircraft Component MRO Market Volume K Units Forecast, by Aircraft Type 2018 & 2031
  11. Table 11: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Component 2018 & 2031
  12. Table 12: Global Aircraft Component MRO Market Volume K Units Forecast, by Component 2018 & 2031
  13. Table 13: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Maintenance Service 2018 & 2031
  14. Table 14: Global Aircraft Component MRO Market Volume K Units Forecast, by Maintenance Service 2018 & 2031
  15. Table 15: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Region 2018 & 2031
  16. Table 16: Global Aircraft Component MRO Market Volume K Units Forecast, by Region 2018 & 2031
  17. Table 17: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Aircraft Type 2018 & 2031
  18. Table 18: Global Aircraft Component MRO Market Volume K Units Forecast, by Aircraft Type 2018 & 2031
  19. Table 19: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Component 2018 & 2031
  20. Table 20: Global Aircraft Component MRO Market Volume K Units Forecast, by Component 2018 & 2031
  21. Table 21: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Maintenance Service 2018 & 2031
  22. Table 22: Global Aircraft Component MRO Market Volume K Units Forecast, by Maintenance Service 2018 & 2031
  23. Table 23: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Country 2018 & 2031
  24. Table 24: Global Aircraft Component MRO Market Volume K Units Forecast, by Country 2018 & 2031
  25. Table 25: United States Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  26. Table 26: United States Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  27. Table 27: Canada Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  28. Table 28: Canada Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  29. Table 29: Mexico Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  30. Table 30: Mexico Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  31. Table 31: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Aircraft Type 2018 & 2031
  32. Table 32: Global Aircraft Component MRO Market Volume K Units Forecast, by Aircraft Type 2018 & 2031
  33. Table 33: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Component 2018 & 2031
  34. Table 34: Global Aircraft Component MRO Market Volume K Units Forecast, by Component 2018 & 2031
  35. Table 35: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Maintenance Service 2018 & 2031
  36. Table 36: Global Aircraft Component MRO Market Volume K Units Forecast, by Maintenance Service 2018 & 2031
  37. Table 37: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Country 2018 & 2031
  38. Table 38: Global Aircraft Component MRO Market Volume K Units Forecast, by Country 2018 & 2031
  39. Table 39: Brazil Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  40. Table 40: Brazil Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  41. Table 41: Argentina Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  42. Table 42: Argentina Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  43. Table 43: Rest of South America Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  44. Table 44: Rest of South America Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  45. Table 45: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Aircraft Type 2018 & 2031
  46. Table 46: Global Aircraft Component MRO Market Volume K Units Forecast, by Aircraft Type 2018 & 2031
  47. Table 47: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Component 2018 & 2031
  48. Table 48: Global Aircraft Component MRO Market Volume K Units Forecast, by Component 2018 & 2031
  49. Table 49: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Maintenance Service 2018 & 2031
  50. Table 50: Global Aircraft Component MRO Market Volume K Units Forecast, by Maintenance Service 2018 & 2031
  51. Table 51: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Country 2018 & 2031
  52. Table 52: Global Aircraft Component MRO Market Volume K Units Forecast, by Country 2018 & 2031
  53. Table 53: Germany Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  54. Table 54: Germany Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  55. Table 55: France Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  56. Table 56: France Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  57. Table 57: Italy Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  58. Table 58: Italy Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  59. Table 59: United Kingdom Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  60. Table 60: United Kingdom Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  61. Table 61: Netherlands Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  62. Table 62: Netherlands Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  63. Table 63: Rest of Europe Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  64. Table 64: Rest of Europe Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  65. Table 65: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Aircraft Type 2018 & 2031
  66. Table 66: Global Aircraft Component MRO Market Volume K Units Forecast, by Aircraft Type 2018 & 2031
  67. Table 67: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Component 2018 & 2031
  68. Table 68: Global Aircraft Component MRO Market Volume K Units Forecast, by Component 2018 & 2031
  69. Table 69: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Maintenance Service 2018 & 2031
  70. Table 70: Global Aircraft Component MRO Market Volume K Units Forecast, by Maintenance Service 2018 & 2031
  71. Table 71: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Country 2018 & 2031
  72. Table 72: Global Aircraft Component MRO Market Volume K Units Forecast, by Country 2018 & 2031
  73. Table 73: China Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  74. Table 74: China Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  75. Table 75: Japan Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  76. Table 76: Japan Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  77. Table 77: India Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  78. Table 78: India Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  79. Table 79: South Korea Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  80. Table 80: South Korea Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  81. Table 81: Taiwan Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  82. Table 82: Taiwan Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  83. Table 83: Australia Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  84. Table 84: Australia Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  85. Table 85: Rest of Asia-Pacific Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  86. Table 86: Rest of Asia-Pacific Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  87. Table 87: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Aircraft Type 2018 & 2031
  88. Table 88: Global Aircraft Component MRO Market Volume K Units Forecast, by Aircraft Type 2018 & 2031
  89. Table 89: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Component 2018 & 2031
  90. Table 90: Global Aircraft Component MRO Market Volume K Units Forecast, by Component 2018 & 2031
  91. Table 91: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Maintenance Service 2018 & 2031
  92. Table 92: Global Aircraft Component MRO Market Volume K Units Forecast, by Maintenance Service 2018 & 2031
  93. Table 93: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Country 2018 & 2031
  94. Table 94: Global Aircraft Component MRO Market Volume K Units Forecast, by Country 2018 & 2031
  95. Table 95: Middle East Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  96. Table 96: Middle East Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  97. Table 97: Africa Aircraft Component MRO Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  98. Table 98: Africa Aircraft Component MRO Market Volume (K Units) Forecast, by Application 2018 & 2031
  99. Table 99: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Aircraft Type 2018 & 2031
  100. Table 100: Global Aircraft Component MRO Market Volume K Units Forecast, by Aircraft Type 2018 & 2031
  101. Table 101: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Component 2018 & 2031
  102. Table 102: Global Aircraft Component MRO Market Volume K Units Forecast, by Component 2018 & 2031
  103. Table 103: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Maintenance Service 2018 & 2031
  104. Table 104: Global Aircraft Component MRO Market Volume K Units Forecast, by Maintenance Service 2018 & 2031
  105. Table 105: Global Aircraft Component MRO Market Revenue USD Billion Forecast, by Country 2018 & 2031
  106. Table 106: Global Aircraft Component MRO Market Volume K Units Forecast, by Country 2018 & 2031
AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 6.97% from 2018-2032
Segmentation
    • By Aircraft Type
      • Commercial Aircraft (Narrow Body
      • Wide Body
      • Regional Aircraft
    • By Component
      • Engine
      • Wheel
      • Brakes
      • Landing Gear
      • Avionics
      • Fuel System
      • Hydraulic System
      • Cockpit System
      • Flight Control
      • Electrical Systems
      • Thrust Reverser
      • Others
    • By Maintenance Service
      • Inspection
      • Overhaul
      • Repairs
      • Others
  • By Geography

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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