Global aircraft MRO market - Statistics & Facts
The market for aircraft MRO (maintenance, repair, and overhaul) pertains to services that include the inspection, rebuilding, and alteration of aircrafts, as well as the supply of spare parts, accessories, raw materials, and other consumables for aircraft manufacturing. With the global aircraft fleet projected to reach over 38,0000 by 2033, the global aircraft MRO is estimated to reach a 10-year consolidated market size value of over 125 billion U.S. dollars.
In aviation, MRO typically involves routine checks and inspections to satisfy airworthiness requirements. The global market comprises individual segments for aircraft engines, components, lines, airframes, and modifications. The largest of these segments is the engine segment. It accounted for around 46 percent of the global civil air transport MRO market in 2023 and is projected to reach 56.6 billion U.S. dollars in size by 2031.
In aviation, MRO typically involves routine checks and inspections to satisfy airworthiness requirements. The global market comprises individual segments for aircraft engines, components, lines, airframes, and modifications. The largest of these segments is the engine segment. It accounted for around 46 percent of the global civil air transport MRO market in 2023 and is projected to reach 56.6 billion U.S. dollars in size by 2031.
