Commercial Aircraft MRO Market Report 2025 (Global Edition)

Global Commercial Aircraft MRO Market Report 2024 Market Size Split by Type Outlook: (Modification, Airframe, Components, Engine, Airframe), by Service Provider Outlook: (OEM, Operator/Airline In Hous...

Commercial Aircraft MRO Market Report Description

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Competitive Landscape of the Commercial Aircraft MRO Market

The competitive landscape of the Commercial Aircraft MRO (Maintenance, Repair, and Overhaul) Market in 2024 is characterized by a mix of established players like Airbus, Boeing, and General Electric, along with numerous specialized MRO service providers. The market is highly fragmented with regional differences, dominated by North America, Europe, and Asia Pacific. Key players are focusing on technological advancements, such as predictive maintenance and digital solutions, to enhance efficiency and reduce turnaround times. The market is competitive, with mergers, acquisitions, and partnerships playing a crucial role in shaping its future dynamics.

In March 2024, Triumph Group's Product Support Business was purchased by AAR Corp. With this acquisition, the corporation sought to offer specialist repair, maintenance, and overhaul for vital aircraft components in the commercial and defense sectors. (Source: https://www.aarcorp.com/en/newsroom/press-releases/2024/aar-completes-acquisition-of-triumph-groups-product-support-business/) In March 2024, C&L Aviation Group acquired two Citation Sovereign and two Citation XLS aircraft for dismantling. Two disassembly projects have been finished in the company's Bangor MRO facility, while the other two are still in progress. The company intends to inspect the parts and offer them for the maintenance and repair of other aircraft since it recognizes the market's lack of available aircraft parts. (Source: https://cla.aero/cl-aerospace-purchases-4-citation-aircraft-for-teardown/)

Top Companies Market Share in Commercial Aircraft MRO Industry: (In no particular order of Rank)

• AAR Corp.
• Airbus SE
• Delta Airlines
• Inc. (Delta TechOps)
• Hong Kong Aircraft Engineering Company Limited
• KLM UK Engineering Limited
• Lufthansa Technik
• MTU Aero Engines AG
• Raytheon Technologies Corporation (Previously United Technologies Corporation)
• Singapore Technologies Engineering Ltd
• TAP Maintenance & Engineering (TAP Air Portugal)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Commercial Aircraft MRO Market

Which Region Dominates the Commercial Aircraft MRO Market in 2024?

According to Cognitive Market Research, North America currently dominates the Commercial Aircraft MRO market, and the region is expected to have significant growth during the projected period. This is due to the region's advanced aviation infrastructure, the presence of major airline companies, and significant investments in MRO facilities and services. North America's mature aerospace industry, coupled with a large fleet of commercial aircraft, creates a high demand for maintenance services. The region also benefits from the presence of leading MRO service providers and technology advancements in aircraft maintenance, repair, and overhaul. Additionally, the presence of major MRO hubs in the U.S., such as Miami, Dallas, and Atlanta, further consolidates its dominance in the global commercial aircraft MRO market.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). This growth is driven by the region's burgeoning airline industry, increasing air travel demand, and significant investments in airline fleets and aviation infrastructure. The rising middle-class population, urbanization, and growing tourism industry contribute to this demand. Additionally, the region hosts major MRO facilities, attracting global players with cost-effective services. China and India are key contributors, with expanding airports and fleets fueling the MRO market's rapid growth. This trend is expected to continue, solidifying the Asia-Pacific region's dominance in the global Commercial Aircraft MRO market in 2024.

The current report Scope analyzes Commercial Aircraft MRO Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Commercial Aircraft MRO

According to Cognitive Market Research, the global Commercial Aircraft MRO market size was estimated at USD 115624.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 46249.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Commercial Aircraft MRO market with a market size of USD 36491.09 million in 2024 and is projected to grow at a CAGR of 2.0% during the forecast period. The US region's growth in Commercial Aircraft MRO is due to increasing airline fleets and aging aircraft.
• The Canada Commercial Aircraft MRO market had a market share of USD 5549.98 million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. Canada benefits from strong aerospace industry expertise, driving growth in the Commercial Aircraft MRO market.
• The Mexico Commercial Aircraft MRO market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 4208.73 million in 2024.

Europe Commercial Aircraft MRO

According to Cognitive Market Research, the global Commercial Aircraft MRO market size was estimated at USD 115624.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 34687.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.

• The United Kingdom Commercial Aircraft MRO market had a market share of USD 5827.47 million in 2024 and is projected to grow at a CAGR of 3.3% during the forecast period. Commercial Aircraft MRO sales in the UK witnessed an upswing due to the Strong aerospace industry and strategic MRO investments in fuel.
• The France Commercial Aircraft MRO market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD 3191.24 million in 2024.
• According to Cognitive Market Research, the German Commercial Aircraft MRO market size was valued at USD 6868.10 million in 2024 and is projected to grow at a CAGR of 2.7% during the forecast period. In Germany, commercial aircraft MRO surged due to the benefits of the strong aerospace industry and technological advancements.
• The Italy Commercial Aircraft MRO market is projected to witness growth at a CAGR of 1.9% during the forecast period, with a market size of USD 2983.11 million in 2024.
• The Russia Commercial Aircraft MRO market is projected to witness growth at a CAGR of 1.5% during the forecast period, with a market size of USD 5376.54 million in 2024.
• The Spain Commercial Aircraft MRO market is projected to witness growth at a CAGR of 1.6% during the forecast period with a market size of USD 2844.36 million in 2024
• The Luxembourg Commercial Aircraft MRO market is projected to witness growth at a CAGR of 2.6% during the forecast period, with a market size of USD 1075.31 million in 2024.
• The Portugal Commercial Aircraft MRO market is projected to witness growth at a CAGR of 2.3% during the forecast period, with a market size of USD 728.43 million in 2024.
• The Greece Commercial Aircraft MRO market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 416.25 million in 2024.
• The Rest of Europe's Commercial Aircraft MRO market is projected to witness growth at a CAGR of 1.2% during the forecast period, with a market size of USD 5376.54 million in 2024.

Asia Pacific Commercial Aircraft MRO

According to Cognitive Market Research, the global Commercial Aircraft MRO market size was estimated at USD 115624.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 26593.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Commercial Aircraft MRO market size was valued at USD 11967.14 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Commercial Aircraft MRO surged in China due to benefits from rapid aviation sector expansion and rising fleet size.
• The Japan Commercial Aircraft MRO market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 3669.92 million in 2024.
• The India Commercial Aircraft MRO market had a market share of USD 3191.24 million in 2024 and is projected to grow at a CAGR of 7.8% during the forecast period. India benefits from the growing demand for affordable, localized MRO services.
• The South Korean Commercial Aircraft MRO market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD 2659.36 million in 2024.
• The Australian Commercial Aircraft MRO market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 1382.87 million in 2024.
• The South East Asia Commercial Aircraft MRO market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 1834.96 million in 2024.
• The Rest of Asia Pacific Commercial Aircraft MRO market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 1888.15 million in 2024.

South America Commercial Aircraft MRO

According to Cognitive Market Research, the global Commercial Aircraft MRO market size was estimated at USD 115624.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 5781.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Commercial Aircraft MRO market size was valued at USD 2474.36 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Commercial Aircraft MRO flourished in Brazil due to increasing airline fleet.
• Argentina's Commercial Aircraft MRO market had a market share of USD 971.25 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. Argentina benefits from increased demand for MRO services due to its growing commercial aviation sector .
• Colombia Commercial Aircraft MRO market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 514.53 million in 2024.
• Peru Commercial Aircraft MRO market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 474.06 million in 2024.
• Chile Commercial Aircraft MRO market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 416.25 million in 2024.
• The Rest of Latin America's Commercial Aircraft MRO market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD 930.78 million in 2024.

Middle East and Africa Commercial Aircraft MRO

According to Cognitive Market Research, the global Commercial Aircraft MRO market size was estimated at USD 115624.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 2312.49 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031..

• The GCC Countries Commercial Aircraft MRO market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 989.75 million in 2024. Commercial Aircraft MRO sales flourish due to strong infrastructure investments.
• The Egypt Commercial Aircraft MRO market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 242.81 million in 2024.
• The South Africa Commercial Aircraft MRO market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 365.37 million in 2024. Commercial Aircraft MRO sales flourished in South Africa due to increasing airline fleet growth and MRO demand.
• The Turkey Commercial Aircraft MRO market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 198.87 million in 2024.
• The Nigeria Commercial Aircraft MRO market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 242.81 million in 2024.
• The Rest of the MEA Commercial Aircraft MRO market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 272.87 million in 2024.

Commercial Aircraft MRO Market Analysis

How are Segments Performing in the Global Commercial Aircraft MRO Market?

Commercial Aircraft MRO Market Type Segment Analysis

According to Cognitive Market Research, Airframe holds the fastest growing position in the Commercial Aircraft MRO market due to its advanced technological capabilities, cost-efficiency, and strategic partnerships with airlines. Its focus on optimizing maintenance processes, integrating digital solutions, and offering flexible service packages attracts a growing customer base, driving its rapid expansion in this competitive market.

Modification holds the largest share in the Commercial Aircraft MRO market due to its ability to enhance aircraft efficiency, safety, and performance through upgrades and retrofits. This segment benefits from the increasing demand for modernizations such as avionics upgrades, structural modifications, and retrofit programs, which extend the lifecycle of aircraft and meet regulatory requirements, thereby dominating the market.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Commercial Aircraft MRO Industry. Request a Free Sample PDF!

Commercial Aircraft MRO Market Service Provider Segment Analysis

According to Cognitive Market Research, The Operator/Airline In-House segment is the fastest growing in the Commercial Aircraft MRO (Maintenance, Repair, and Overhaul) Market due to airlines opting for cost efficiency, better control over maintenance schedules, and the ability to manage assets internally. The need for improved operational efficiency drives this trend, reduced downtime, and the integration of digital technologies to streamline maintenance processes.

In the Commercial Aircraft MRO Market, Original Equipment Manufacturers (OEMs) hold the largest growing share in the Commercial Aircraft Maintenance, Repair, and Overhaul (MRO) market due to their proprietary technical expertise, direct access to original parts, and advanced technologies. Their ability to provide comprehensive, manufacturer-specific services ensures superior quality, reliability, and efficiency, which attracts airlines seeking optimized performance and reduced downtime for their fleets. This positions OEMs as key players driving the market's growth.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Commercial Aircraft MRO Aircraft Outlook: Segment Analysis

Commercial Aircraft MRO Market Aircraft Segment Analysis

According to Cognitive Market Research, The widebody segment is the fastest growing in the Commercial Aircraft MRO (Maintenance, Repair, and Overhaul) market due to increasing demand for long-haul travel, rising fleet size, and enhanced efficiency of widebody aircraft. Airlines are investing in advanced MRO services to maintain these aircraft, driving market growth through extended service intervals and improved maintenance technologies. This trend is particularly strong in regions with a high volume of international flights.

In the Commercial Aircraft MRO market, the rapidly growing sector is The Narrowbody segment is driving the largest growth in the Commercial Aircraft MRO (Maintenance, Repair, and Overhaul) market due to the increasing demand for fuel-efficient, short-to-medium range aircraft. Factors such as airline fleet expansions, cost-efficiency requirements, and technological advancements in aircraft maintenance are contributing to this growth, making Narrowbody aircraft the focal point of MRO activities.

• Narrowbody
• Widebody
• Regional Jet
• Turboprop

Author's Detail

Anjali Lawand

Research Associate at Cognitive Market Research

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Anjali Lawand is an accomplished market researcher with a distinct focus on the intricate sector of the Aerospace and Defense. Driven by an unshakable analytical prowess and an insatiable appetite for technological progress, she has committed more than ten years to immersing herself in the ever-evolving panorama that molds the trajectory of aviation, space exploration, and the critical sphere of national security.

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