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Commercial Aircraft MRO Services Market Share

Report ID: GMI3045
Published Date: Oct 2024
Report Format: PDF

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Commercial Aircraft MRO Services Market Share

In the commercial aircraft MRO services industry, major players such as Safran, Delta TechOps, and Lufthansa Technik compete on several fronts. Airlines prioritize cost-effective maintenance, pushing providers to offer competitive pricing. These companies also differentiate themselves through specialized services for modern aircraft and components, focusing on reliability and quality to minimize downtime. A global presence allows for quick, localized services, while strategic partnerships and technologies such as predictive maintenance further shape the competitive landscape in this specialized market. Quality and reliability of service are also paramount, as airlines prioritize safety and minimal downtime. Furthermore, strategic distribution partnerships and geographical presence enhance market reach, allowing MRO providers to serve clients more efficiently.

Commercial Aircraft MRO Services Market Companies

Major players operating in the commercial aircraft MRO services industry are:

AAR
Air France Industries
Ameco
Delta TechOps
GE Aviation
GMF AeroAsia
HAECO
Honeywell
Lufthansa Technik
MRO Holdings
MTU Aero Engines
Rolls Royce
RTX
Safran
SIA Engineering Company
SR Technics
ST Engineering
TAP Maintenance & Engineering
Turkish Technic

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The global market size for commercial aircraft MRO services was valued at USD 110.7 billion in 2023 and is expected to reach USD 146.9 billion by 2032, driven by a CAGR of 3.3% from 2024 to 2032.

The narrowbody segment generated over USD 65.5 billion in revenue in 2023, driven by the growth of low-cost carriers and increased demand for short to medium-haul routes.

The Asia Pacific region accounted for over 30% of the global market share in 2023, due to the growing demand for air travel and significant investments in MRO infrastructure in China.

Major players in the industry include AAR, Air France Industries, Ameco, Delta TechOps, GE Aviation, GMF AeroAsia, HAECO, Honeywell, Lufthansa Technik, MRO Holdings, MTU Aero Engines, and Rolls Royce.