Product Code: GVR-4-68038-041-5
Aerospace And Defense MRO Market Growth & Trends:
The global aerospace and defense MRO market size is expected to reach USD 187.3 billion by 2030, registering a CAGR of 5.6% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growth of the aerospace and defense MRO industry is underpinned by expansions of aircraft fleets, rapid urbanization in emerging economies, an increased number of tourists worldwide, and the penetration of low-cost carriers (LCC).
The increasing defense expenditure of emerging economies such as China and India is driving investments in the modernization of equipment deployed in existing aircraft, primarily by incorporating them with new and sophisticated technologies. The rise in air passengers in commercial aircraft and freight traffic worldwide has led to a surge in aircraft fleet utilization, thereby augmenting the need for aircraft MRO services.
OEM and global third-party MRO companies operating have adopted advanced predictive and preventive aircraft maintenance technologies to digitize and automate their airframe maintenance activities to enhance the overall efficiency of the maintenance processes. The deployment of advanced technologies such as artificial intelligence and machine learning is expected to provide opportunities for firms to compete at the global level and reduce MRO expenses.
There is a presence of a large number of players with various MRO capabilities offering services both globally and regionally. The leading players are focusing on maintaining strategic relationships with aftermarket suppliers of aircraft parts to ensure uninterrupted MRO services. Moreover, declining market growth, leveling off outsourcing, and rising number of OEMs in the aftermarket have intensified the competitive rivalry in the MRO market.
Aerospace And Defense MRO Market Report Highlights:
- The engine segment captured the largest share of 40.7% in 2024, fueled by the critical importance of aircraft engines in ensuring safety, reliability, and performance. The line segment is poised to emerge as the fastest growing segment and is projected to grow at a CAGR of 6.6% over the forecast period.
- The narrow body aircraft segment accumulated the largest share of 52.3% in 2024, owing to its widespread use in commercial aviation. The wide body aircraft segment is poised to stand out as the fastest growing segment and capture a CAGR of 6.3% over the forecast period.
- The commercial aviation segment achieved the largest share of 70.7% in 2024, propelled by the steady growth of global air traffic and fleet expansion. The military aviation segment is anticipated to expand at a CAGR of 5.0% from 2025 to 2030.
- Asia Pacific aerospace and defense MRO market secured the largest market share of 30.8% in 2024, fueled by rapid economic growth, escalating defense budgets, and a rising number of commercial and military aircraft in service.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Aerospace and Defense MRO Market Variables, Trends & Scope
- 3.1. Global Aerospace and Defense MRO Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Technology Overview
- 3.4. Average Price Trend Analysis
- 3.5. Supply-Demand GAP Analysis, 2024
- 3.6. Regulatory Framework
- 3.6.1. Policies and Incentive Plans
- 3.6.2. Standards and Compliances
- 3.6.3. Regulatory Impact Analysis
- 3.7. Market Dynamics
- 3.7.1. Market Driver Analysis
- 3.7.2. Market Restraint Analysis
- 3.7.3. Industry Challenges
- 3.8. Porter's Five Forces Analysis
- 3.8.1. Supplier Power
- 3.8.2. Buyer Power
- 3.8.3. Substitution Threat
- 3.8.4. Threat from New Entrant
- 3.8.5. Competitive Rivalry
- 3.9. PESTEL Analysis
- 3.9.1. Political Landscape
- 3.9.2. Economic Landscape
- 3.9.3. Social Landscape
- 3.9.4. Technological Landscape
- 3.9.5. Environmental Landscape
- 3.9.6. Legal Landscape
Chapter 4. Aerospace and Defense MRO Market: Product Outlook Estimates & Forecasts
- 4.1. Aerospace and Defense MRO Market: Product Movement Analysis, 2024 & 2030
- 4.1.1. Engine
- 4.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.1.2. Airframe
- 4.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.1.3. Line
- 4.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.1.4. Components
- 4.1.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
Chapter 5. Aerospace and Defense MRO Market: Application Outlook Estimates & Forecasts
- 5.1. Aerospace and Defense MRO Market: Application Movement Analysis, 2024 & 2030
- 5.1.1. Narrow Body Aircraft
- 5.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.1.2. Wide Body Aircraft
- 5.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.1.3. Regional Aircraft
- 5.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.1.4. Others
- 5.1.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
Chapter 6. Aerospace and Defense MRO Market: End Use Outlook Estimates & Forecasts
- 6.1. Aerospace and Defense MRO Market: End Use Movement Analysis, 2024 & 2030
- 6.1.1. Commercial Aviation
- 6.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.1.2. Business & General Aviation
- 6.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.1.3. Military Aviation
- 6.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.1.4. Others
- 6.1.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
Chapter 7. Aerospace and Defense MRO Market Regional Outlook Estimates & Forecasts
- 7.1. Regional Snapshot
- 7.2. Aerospace and Defense MRO Market: Regional Movement Analysis, 2024 & 2030
- 7.3. North America
- 7.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Tons)
- 7.3.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.3.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.3.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.3.5. U.S.
- 7.3.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.3.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.3.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.3.5.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.3.6. Canada
- 7.3.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.3.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.3.6.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.3.6.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.3.7. Mexico
- 7.3.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.3.7.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.3.7.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.3.7.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.4. Europe
- 7.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.4.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.4.5. Germany
- 7.4.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.4.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.4.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.4.5.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.4.6. UK
- 7.4.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.4.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.4.6.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.4.6.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.4.7. France
- 7.4.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.4.7.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.4.7.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.4.7.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.4.8. Italy
- 7.4.8.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.4.8.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.4.8.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.4.8.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.4.9. Spain
- 7.4.9.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.4.9.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.4.9.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.4.9.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.5. Asia Pacific
- 7.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.5.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.5.5. China
- 7.5.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.5.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.5.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.5.5.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.5.6. India
- 7.5.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.5.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.5.6.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.5.6.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.5.7. Japan
- 7.5.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.5.7.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.5.7.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.5.7.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.5.8. Australia
- 7.5.8.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.5.8.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.5.8.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.5.8.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.5.9. Indonesia
- 7.5.9.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.5.9.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.5.9.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.5.9.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.5.10. Malaysia
- 7.5.10.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.5.10.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.5.10.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.5.10.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.5.11. Singapore
- 7.5.11.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.5.11.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.5.11.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.5.11.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.6. Latin America
- 7.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.6.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.6.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.6.5. Brazil
- 7.6.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.6.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.6.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.6.5.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.6.6. Argentina
- 7.6.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.6.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.6.6.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.6.6.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.7. Middle East and Africa
- 7.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.7.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.7.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.7.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.7.5. UAE
- 7.7.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.7.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.7.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.7.5.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.7.6. Saudi Arabia
- 7.7.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.7.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.7.6.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.7.6.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.8. Africa
- 7.8.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.8.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 7.8.3. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- 7.8.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Vendor Landscape
- 8.2.1. Company Categorization
- 8.2.2. List of Key Distributors and Channel Partners
- 8.2.3. List of Potential Customers/End Users
- 8.3. Competitive Dynamics
- 8.3.1. Competitive Benchmarking
- 8.3.2. Strategy Mapping
- 8.3.3. Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. AAR Corporation
- 8.4.1.1. Participant's Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Strategic Initiatives
- 8.4.2. SIA Engineering Company Ltd
- 8.4.2.1. Participant's Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Strategic Initiatives
- 8.4.3. Embraer S.A.
- 8.4.3.1. Participant's Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Strategic Initiatives
- 8.4.4. Air France KLM Group
- 8.4.4.1. Participant's Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Strategic Initiatives
- 8.4.5. Raytheon Technologies Corporation
- 8.4.5.1. Participant's Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Strategic Initiatives
- 8.4.6. Delta Air Lines, Inc
- 8.4.6.1. Participant's Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Strategic Initiatives
- 8.4.7. General Dynamics Corporation
- 8.4.7.1. Participant's Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Strategic Initiatives
- 8.4.8. MTU Aero Engines AG
- 8.4.8.1. Participant's Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Strategic Initiatives
- 8.4.9. Lufthansa Technik
- 8.4.9.1. Participant's Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Strategic Initiatives
- 8.4.10. Honeywell International Inc
- 8.4.10.1. Participant's Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Product Benchmarking
- 8.4.10.4. Strategic Initiatives
- 8.4.11. Spirit AeroSystems, Inc
- 8.4.11.1. Participant's Overview
- 8.4.11.2. Financial Performance
- 8.4.11.3. Product Benchmarking
- 8.4.11.4. Strategic Initiatives
- 8.4.12. Turkish Technic Inc
- 8.4.12.1. Participant's Overview
- 8.4.12.2. Financial Performance
- 8.4.12.3. Product Benchmarking
- 8.4.12.4. Strategic Initiatives
- 8.4.13. Bombardier
- 8.4.13.1. Participant's Overview
- 8.4.13.2. Financial Performance
- 8.4.13.3. Product Benchmarking
- 8.4.13.4. Strategic Initiatives
- 8.4.14. Rolls-Royce plc
- 8.4.14.1. Participant's Overview
- 8.4.14.2. Financial Performance
- 8.4.14.3. Product Benchmarking
- 8.4.14.4. Strategic Initiatives
- 8.4.15. Hong Kong Aircraft Engineering Company Limited
- 8.4.15.1. Participant's Overview
- 8.4.15.2. Financial Performance
- 8.4.15.3. Product Benchmarking
- 8.4.15.4. Strategic Initiatives
- 8.4.16. GE Aviation
- 8.4.16.1. Participant's Overview
- 8.4.16.2. Financial Performance
- 8.4.16.3. Product Benchmarking
- 8.4.16.4. Strategic Initiatives
- 8.4.17. Boeing
- 8.4.17.1. Participant's Overview
- 8.4.17.2. Financial Performance
- 8.4.17.3. Product Benchmarking
- 8.4.17.4. Strategic Initiatives
- 8.4.18. Airbus
- 8.4.18.1. Participant's Overview
- 8.4.18.2. Financial Performance
- 8.4.18.3. Product Benchmarking
- 8.4.18.4. Strategic Initiatives
- 8.4.19. ST Engineering
- 8.4.19.1. Participant's Overview
- 8.4.19.2. Financial Performance
- 8.4.19.3. Product Benchmarking
- 8.4.19.4. Strategic Initiatives
- 8.4.20. Magnetic MRO
- 8.4.20.1. Participant's Overview
- 8.4.20.2. Financial Performance
- 8.4.20.3. Product Benchmarking
- 8.4.20.4. Strategic Initiatives