Global Aerospace And Defense Mro Market Size & Outlook
Global aerospace and defense mro market, 2018-2030 (US$M)
Related Markets
Global aerospace and defense mro market highlights
- The global aerospace and defense mro market generated a revenue of USD 107,100.7 million in 2021 and is expected to reach USD 173,182.5 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 5.5% by 2030.
- In terms of segment, engine accounted for a revenue of USD 43,072.4 million in 2021.
- Line is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2021.
- Country-wise, UAE is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 107,100.7 million |
| Market revenue in 2030 | USD 173,182.5 million |
| Growth rate | 5.5% (CAGR from 2021 to 2030) |
| Largest segment | Engine |
| Fastest growing segment | Line |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Engine, Airframe, Line, Components |
Other key industry trends
- In terms of revenue, the North America accounted for 27.2% of the global aerospace and defense mro market in 2021.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, UAE is the fastest growing regional market and is projected to reach USD 3,389.5 million by 2030.
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Aerospace And Defense MRO Market Scope
Aerospace And Defense MRO Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Air France-KLM | View profile | 79020 | 7 Rue du Cirque, Paris, France, 75008 | https://www.airfranceklm.com |
| Embraer SA ADR | View profile | 21892 | Avenida Dra. Ruth Cardoso, 8501, 30th Floor, Pinheiros, SP, Brazil, 05425-070 | https://ri.embraer.com.br |
| SIA Engineering Co Ltd | View profile | 5515 | 31 Airline Road, Singapore, Singapore, 819831 | https://www.siaec.com.sg |
| General Dynamics Corp | View profile | 111600 | 11011 Sunset Hills Road, Reston, VA, United States, 20190 | https://www.gd.com |
| Boeing Co | View profile | 171000 | 929 Long Bridge Drive, Arlington, VA, United States, 22202 | https://www.boeing.com |
| MTU Aero Engines AG | View profile | 12170 | Dachauer Strasse 665, Munich, BY, Germany, 80995 | https://www.mtu.de |
| Deutsche Lufthansa AG | View profile | 98739 | Venloer Street 151-153, Cologne, NW, Germany, 50672 | https://www.lufthansagroup.com |
| Delta Air Lines Inc | View profile | 103000 | Post Office Box 20706, Atlanta, GA, United States, 30320-6001 | https://www.delta.com |
| AAR Corp | View profile | 5000 | 1100 N. Wood Dale Road, One AAR Place, Wood Dale, IL, United States, 60191 | https://www.aarcorp.com |
| RTX Corp | View profile | 185000 | 1000 Wilson Boulevard, Arlington, VA, United States, 22209 | https://www.rtx.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
Global aerospace and defense mro market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerospace and defense mro market will help companies and investors design strategic landscapes.
Engine was the largest segment with a revenue share of 40.22% in 2021. Horizon Databook has segmented the Global aerospace and defense mro market based on engine, airframe, line, components covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Aerospace And Defense MRO Product Outlook (Revenue, USD Million, 2018-2030)
- Airframe
- Components
- Engine
- Line
- Global Aerospace And Defense MRO Aircraft Type Outlook (Revenue, USD Million, 2018-2030)
- Others
- Single Aisle (Narrow Body) Aircraft
- Twin Aisle (Wide Body) Aircraft
- Regional Aircraft
- Global Aerospace And Defense MRO End-Use Outlook (Revenue, USD Million, 2018-2030)
- Business & General Aviation
- Military
- Commercial
- Others
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Target buyers of Global aerospace and defense mro market databook
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Our clientele includes a mix of aerospace and defense mro market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global aerospace and defense mro market , including forecasts for subscribers. This global databook contains high-level insights into Global aerospace and defense mro market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global aerospace and defense mro market size, by regions, 2018-2030 (US$M)
Top 10 countries: Aerospace and defense mro market size, 2021 (US$M)
Global aerospace and defense mro market share, by aircraft type, 2021 & 2030 (%, US$M)
Aerospace and defense mro market: Opportunity assessment by country
Global aerospace and defense mro market, by region, 2021 (US$M)
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