Aircraft Maintenance Repair Overhaul MRO Market Insights Video

According to Cognitive Market Research, The Global Aircraft Maintenance Repair Overhaul MRO Market is USD 72.8 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.20% from 2023 to 2030.

• The demand for aircraft maintenance repair overhaul MROs is rising due to the increase in the global aviation fleet.
• The aging global aircraft fleet requires more frequent and extensive maintenance, creating a sustained market for MRO providers.
• The new-generation segment held the highest aircraft maintenance repair overhaul MRO market revenue share in 2023.
• North American aircraft maintenance repair overhaul MRO will continue to lead, whereas the European aircraft maintenance repair overhaul MRO market will experience the most substantial growth until 2030.