How big is the aircraft MRO market?

The global aircraft MRO market size was estimated at USD 90.85 billion in 2024 and is expected to reach USD 95.92 billion in 2024.

What is the aircraft MRO market growth?

The global aircraft MRO market is expected to grow at a compound annual growth rate of 4.75% from 2025 to 2030 to reach USD 120.96 billion by 2030.

Which segment accounted for the largest aircraft MRO market share?

Asia Pacific dominated the aircraft MRO market with a share of over 25% in 2024. This is attributable to a rise in air traffic in upcoming years, an increase in international trade, and demand for new aircraft.

Who are the key players in the aircraft MRO market?

Some key players operating in the aircraft MRO market include AAR Corp; Air-France Industries KLM Engineering & Maintenance; Bombardier Inc.; Delta TechOps; GE Aviation; Hong Kong Aircraft Engineering Co. Ltd.; Lufthansa Technik; MTU Aero Engines AG; and Triumph Group, Inc.

What are the factors driving the aircraft MRO market?

Key factors that are driving the aircraft MRO market growth include a surge in aircraft retirement, increasing GDP, and growth in air transportation market.