Global Civil Aircraft MRO Market is projected to grow at a CAGR of 12.2% forcasted for period from 2024 to 2031

The "Civil Aircraft MRO Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Civil Aircraft MRO market is expected to grow annually by 12.2% (CAGR 2024 - 2031).

This entire report is of 195 pages.

Civil Aircraft MRO Introduction and its Market Analysis

The Civil Aircraft MRO market research report highlights the current market conditions and trends for maintenance, repair, and overhaul services in the aerospace industry. The target market for Civil Aircraft MRO includes major airlines, aircraft manufacturers, and leasing companies. The key factors driving revenue growth include increasing demand for air travel, aging aircraft fleets, and advancements in technology. Major companies operating in the market include Lufthansa Technik, GE Aviation, AFI KLM E&M, and ST Aerospace. The report's main findings indicate a strong growth trajectory for the industry, with recommendations for companies to invest in technology and innovation to stay competitive in the market.

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The Civil Aircraft MRO market offers various services like Engine Maintenance, Components Maintenance, Airframe Heavy Maintenance, and Others to meet the maintenance needs of both Commercial and Private aircrafts. This market is segmented based on the type of maintenance services required and the application of the services.

Regulatory and legal factors specific to the Civil Aircraft MRO market play a crucial role in shaping market conditions. Regulations regarding safety standards, environmental compliance, and quality assurance are key factors that influence the operations of aircraft maintenance companies. Additionally, legal requirements related to licensing, certification, and liability issues also impact the market dynamics.

Overall, the Civil Aircraft MRO market is highly regulated and requires strict adherence to regulatory and legal standards to ensure the safety and reliability of aircraft operations. Companies operating in this market must stay informed about the latest regulations and legal requirements to maintain compliance and provide high-quality maintenance services to their customers.

Top Featured Companies Dominating the Global Civil Aircraft MRO Market

The Civil Aircraft MRO market is highly competitive with key players such as Lufthansa Technik, GE Aviation, AFI KLM E&M, ST Aerospace, MTU Maintenance, AAR Corp., Rolls-Royce, SR Technics (Mubadala Aerospace), SIA Engineering, Delta TechOps, Haeco, JAL Engineering, Ameco Beijing, TAP M&E, ANA, British Airways Engineering, Korean Air, and Iberia Maintenance. These companies offer a wide range of services including maintenance, repair, and overhaul of civil aircraft to ensure their optimal performance and safety.

Lufthansa Technik is one of the leading players in the global MRO market, offering services to over 800 customers worldwide. GE Aviation is known for its advanced aircraft engine maintenance services, while AFI KLM E&M specializes in airframe maintenance. ST Aerospace provides comprehensive MRO services, and MTU Maintenance is a key player in engine maintenance and repair.

These companies help to grow the Civil Aircraft MRO market by providing cost-effective and efficient maintenance solutions to airlines, reducing downtime and ensuring the safety and reliability of aircraft. They also invest in research and development to develop innovative MRO technologies and offer customized solutions to meet the evolving needs of the aviation industry.

In terms of sales revenue, Lufthansa Technik reported revenue of € billion in 2020, GE Aviation reported revenue of $15.29 billion in 2020, and AFI KLM E&M reported revenue of €1.1 billion in 2020. These companies demonstrate the significant market presence and financial stability of key players in the Civil Aircraft MRO market.

• Lufthansa Technik
• GE Aviation
• AFI KLM E&M
• ST Aerospace
• MTU Maintenance
• AAR Corp.
• Rolls-Royce
• SR Technics (Mubadala Aerospace)
• SIA Engineering
• Delta TechOps
• Haeco
• JAL Engineering
• Ameco Beijing
• TAP M&E
• ANA
• British Airways Engineering
• Korean Air
• Iberia Maintenance

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Civil Aircraft MRO Market Analysis, by Type:

• Engine Maintenance
• Components Maintenance
• Airframe Heavy Maintenance
• Others

Civil Aircraft MRO includes various types of maintenance such as Engine Maintenance, Components Maintenance, Airframe Heavy Maintenance, and Others. Engine Maintenance involves repairing and overhauling aircraft engines, while Components Maintenance includes servicing various parts like avionics and landing gear. Airframe Heavy Maintenance focuses on the structural integrity of the aircraft. These types of maintenance play a crucial role in ensuring the safety and reliability of civil aircraft, which ultimately boosts the demand for MRO services in the market. By maintaining the performance of the aircraft components, airlines can operate efficiently and safely, leading to increased demand for MRO services.

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Civil Aircraft MRO Market Analysis, by Application:

• Commercial
• Private

Civil Aircraft MRO, or maintenance, repair, and overhaul, is essential for maintaining the safety and efficiency of both commercial and private aircraft. In the commercial sector, MRO is used to ensure passenger safety and comply with strict aviation regulations. Private aircraft owners rely on MRO to maintain the value and performance of their investments. The fastest-growing application segment in terms of revenue is the commercial sector, as the global demand for air travel continues to rise. With increasing numbers of commercial aircraft in operation, the need for MRO services is expected to keep growing.

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Civil Aircraft MRO Industry Growth Analysis, by Geography:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The Civil Aircraft MRO market is expected to witness significant growth across various regions. North America, led by the United States and Canada, is projected to dominate the market due to a large fleet of commercial aircraft. Europe, with key players in Germany, France, the UK, Italy, and Russia, is expected to hold a substantial market share. In the Asia-Pacific region, countries like China, Japan, South Korea, India, Australia, Indonesia, Thailand, and Malaysia are anticipated to experience steady growth. Latin America, including Mexico, Brazil, Argentina, and Colombia, is also expected to contribute to market expansion. Meanwhile, the Middle East & Africa, particularly Turkey, Saudi Arabia, UAE, and Korea, are forecasted to see growth in MRO activities. The market share valuation for each region is estimated to be North America (35%), Europe (25%), Asia-Pacific (20%), Latin America (10%), and Middle East & Africa (10%).

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