Europe Aircraft MRO Market Key Players and Opportunities by 2028

Europe Aircraft MRO Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Engine MRO, Avionics MRO, Airframe MRO, Cabin MRO, Landing Gear MRO, and Others), Aircraft Type (Fixed Wing Aircraft and Rotary Wing Aircraft), and End-User (Commercial and Military)

  • Report Code : TIPRE00022958
  • Category : Aerospace and Defense
  • Status : Published
  • No. of Pages : 134
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The Europe aircraft MRO market is expected to grow from US$ 12.22 billion in 2021 to US$ 15.46 billion by 2028; it is estimated to grow at a CAGR of 3.4% from 2021 to 2028.



The UK, Germany, France, Italy, and Russia are major economies in Europe. Growth of digital technology for MRO industry is expected to fuel the Europe aircraft MRO market. Considering the growing competition, the implementation of digital technologies is a necessary step toward the growth of MRO companies; this helps them create a continuous stream of data flowing through different levels of the supply chain, further streamlining the communication between the stakeholders and accelerating innovation in various operations. The digital transformation in the aviation industry substantially impacts all areas of the supply chain of the aviation industry, including air traffic management, aircraft operations, and aircraft and component manufacturing and servicing. The data-driven technologies such as data analytics which helps in tracking aircraft MRO activities in real-time would also optimize the air travel experience of crew and passengers. In addition, other advanced technologies such as AI and machine learning facilitate the airline crew and management to understand the airworthiness of the aircraft. Also, the MRO service providers incorporate AI technologies to boost their procedures by easily and efficiently conducting visual checks and understanding the degree of maintenance and repairs required on the aircraft. Thus, growing trend of inclusion of digital technologies such as AI and machine learning is driving the Europe aircraft MRO market.

In case of COVID-19, Europe is highly affected specially the UK. Additionally, with the outbreak of another variant of COVID-19 in the UK, the aircraft MRO market is expected to get hampered. European countries have a substantial number of airline operators across respective territories. Owing to the severity of the situation, the aircraft MRO manufacturers operating in the countries are experiencing substantially lesser orders, which is hampering the aircraft MRO manufacturer’s business. This, in turn, is ultimately negatively affecting the aircraft MRO market in the region. The A380 passenger aircraft were discontinued during the COVID-19 pandemic as most of these aircraft were grounded due to their high passenger capacity and low fuel efficiency, compared to smaller aircraft. The vacant seats and low passenger count shifted the airlines toward narrow-body aircraft. Airbus A380 is one of the largest revenue-generating aircraft for the MRO market; hence, its discontinuation due to the COVID-19 crisis in 2020 has affected the market growth. For instance, in May 2020, Air France retired its fleet of nine Airbus A380s amid COVID-19 crisis. Similarly, in February 2021, Lufthansa Group also initiated the strategy to replace A380 and 747 with new smaller type aircraft due to consequence of the low air transportation in 2020.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe aircraft MRO market. The Europe aircraft MRO market is expected to grow at a good CAGR during the forecast period.

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Europe Aircraft MRO Market Segmentation


Europe Aircraft MRO Market – By Component

  • Engine MRO
  • Avionics MRO
  • Airframe MRO
  • Cabin MRO
  • Landing Gear MRO
  • Others

Europe Aircraft MRO Market – By Aircraft Type

  • Fixed Wing Aircraft
  • Rotary Wing Aircraft

Europe Aircraft MRO Market – By End-User

  • Commercial  
  • Military

Europe Aircraft MRO Market, by Country

  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe  

Europe Aircraft MRO Market -Companies Mentioned

  • AAR
  • Barnes Group Inc.
  • Collins Aerospace
  • Delta TechOps 
  • FLTechnics, UAB.  
  • GE Aviation
  • Lufthansa Technik
  • Rolls-Royce plc.
  • Singapore Technologies Engineering Ltd
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Component, Aircraft Type, and End-User

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

UK, Germany, France, Italy, Russia

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Aircraft MRO Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Europe Aircraft MRO Market – Key Market Dynamics

5.1 Drivers

5.1.1 Surging Demand for MRO Services

5.1.2 Growth of Digital Technology for MRO Industry

5.2 Restraints

5.2.1 Rising Share of Original Equipment Manufacturers (OEMs) In the Aftermarket

5.3 Opportunities

5.3.1 Increase in the Use of Retrofitting Technologies for Improved Aircraft

5.4 Future Trends

5.4.1 Adoption of Blockchain Technology

5.5 Impact Analysis of Drivers and Restraints

6. Aircraft MRO Market – Europe Analysis

6.1 Europe Aircraft MRO Market Overview

6.2 Europe Aircraft MRO Market Revenue Forecast and Analysis

7. Europe Aircraft MRO Market Revenue and Forecast to 2028 – By Component

7.1 Overview

7.2 Europe Aircraft MRO Market Breakdown, by Component, 2020 and 2028

7.3 Engine MRO

7.3.1 Overview

7.3.2 Engine MRO Market Forecast and Analysis

7.4 Avionics MRO

7.4.1 Overview

7.4.2 Avionics MRO Market Forecast and Analysis

7.5 Airframe MRO

7.5.1 Overview

7.5.2 Airframe MRO Market Forecast and Analysis

7.6 Cabin MRO

7.6.1 Overview

7.6.2 Cabin MRO Market Forecast and Analysis

7.7 Landing Gear MRO

7.7.1 Overview

7.7.2 Landing Gear MRO Market Forecast and Analysis

7.8 Others

7.8.1 Overview

7.8.2 Others Market Forecast and Analysis

8. Europe Aircraft MRO Market Revenue and Forecast to 2028– By Aircraft Type

8.1 Overview

8.2 Europe Aircraft MRO Market Breakdown, by Aircraft Type, 2020 and 2028

8.3 Fixed Wing

8.3.1 Overview

8.3.2 Fixed Wing Market Forecast and Analysis

8.4 Rotary Wing

8.4.1 Overview

8.4.2 Rotary Wing Market Forecast and Analysis

9. Europe Aircraft MRO Market Revenue and Forecast to 2028– By End-User

9.1 Overview

9.2 Europe Aircraft MRO Market Breakdown, by End-User, 2020 and 2028

9.3 Commercial

9.3.1 Overview

9.3.2 Commercial Market Forecast and Analysis

9.4 Military

9.4.1 Overview

9.4.2 Military Market Forecast and Analysis

10. Europe Aircraft MRO Market – Country Analysis

10.1 Overview

10.1.1 Europe: Aircraft MRO Market, by Key Country

10.1.1.1 Germany: Aircraft MRO Market – Revenue and Forecast to 2028 (US$ Billion)

10.1.1.1.1 Germany: Aircraft MRO Market, by Component

10.1.1.1.2 Germany: Aircraft MRO Market, by Aircraft Type

10.1.1.1.3 Germany: Aircraft MRO Market, by End-User

10.1.1.2 UK: Aircraft MRO Market – Revenue and Forecast to 2028 (US$ Billion)

10.1.1.2.1 UK: Aircraft MRO Market, by Component

10.1.1.2.2 UK: Aircraft MRO Market, by Aircraft Type

10.1.1.2.3 UK: Aircraft MRO Market, by End-User

10.1.1.3 France: Aircraft MRO Market – Revenue and Forecast to 2028 (US$ Billion)

10.1.1.3.1 France: Aircraft MRO Market, by Component

10.1.1.3.2 France: Aircraft MRO Market, by Aircraft Type

10.1.1.3.3 France: Aircraft MRO Market, by End-User

10.1.1.4 Italy: Aircraft MRO Market – Revenue and Forecast to 2028 (US$ Billion)

10.1.1.4.1 Italy: Aircraft MRO Market, by Component

10.1.1.4.2 Italy: Aircraft MRO Market, by Aircraft Type

10.1.1.4.3 Italy: Aircraft MRO Market, by End-User

10.1.1.5 Russia: Aircraft MRO Market – Revenue and Forecast to 2028 (US$ Billion)

10.1.1.5.1 Russia: Aircraft MRO Market, by Component

10.1.1.5.2 Russia: Aircraft MRO Market, by Aircraft Type

10.1.1.5.3 Russia: Aircraft MRO Market, by End-User

10.1.1.6 Rest of Europe: Aircraft MRO Market – Revenue and Forecast to 2028 (US$ Billion)

10.1.1.6.1 Rest of Europe: Aircraft MRO Market, by Component

10.1.1.6.2 Rest of Europe: Aircraft MRO Market, by Aircraft Type

10.1.1.6.3 Rest of Europe: Aircraft MRO Market, by End-User

11. Europe Aircraft MRO Market - COVID-19 Impact Analysis

11.1 Europe: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Merger and Acquisition

13. Company Profiles

13.1 AAR

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Barnes Group Inc.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 GE Aviation

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 FLTechnics, UAB.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Singapore Technologies Engineering Ltd

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Lufthansa Technik

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Delta TechOps

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Rolls-Royce plc.

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Collins Aerospace

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES

Table 1. Europe Aircraft MRO Market Revenue and Forecast to 2028 (US$ Billion)

Table 2. Europe: Aircraft MRO Market, by Country – Revenue and Forecast to 2028 (US$ Billion)

Table 3. Germany: Aircraft MRO Market, by Component – Revenue and Forecast to 2028 (US$ Billion)

Table 4. Germany: Aircraft MRO Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Billion)

Table 5. Germany: Aircraft MRO Market, by End-User – Revenue and Forecast to 2028 (US$ Billion)

Table 6. UK: Aircraft MRO Market, by Component – Revenue and Forecast to 2028 (US$ Billion)

Table 7. UK: Aircraft MRO Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Billion)

Table 8. UK: Aircraft MRO Market, by End-User – Revenue and Forecast to 2028 (US$ Billion)

Table 9. France: Aircraft MRO Market, by Component – Revenue and Forecast to 2028 (US$ Billion)

Table 10. France: Aircraft MRO Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Billion)

Table 11. France: Aircraft MRO Market, by End-User – Revenue and Forecast to 2028 (US$ Billion)

Table 12. Italy: Aircraft MRO Market, by Component – Revenue and Forecast to 2028 (US$ Billion)

Table 13. Italy: Aircraft MRO Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Billion)

Table 14. Italy: Aircraft MRO Market, by End-User – Revenue and Forecast to 2028 (US$ Billion)

Table 15. Russia: Aircraft MRO Market, by Component – Revenue and Forecast to 2028 (US$ Billion)

Table 16. Russia: Aircraft MRO Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Billion)

Table 17. Russia: Aircraft MRO Market, by End-User – Revenue and Forecast to 2028 (US$ Billion)

Table 18. Rest of Europe: Aircraft MRO Market, by Component – Revenue and Forecast to 2028 (US$ Billion)

Table 19. Rest of Europe: Aircraft MRO Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Billion)

Table 20. Rest of Europe: Aircraft MRO Market, by End-User – Revenue and Forecast to 2028 (US$ Billion)

Table 21. List of Abbreviation

LIST OF FIGURES

Figure 1. Europe Aircraft MRO Market Segmentation

Figure 2. Europe Aircraft MRO Market Segmentation – By Country

Figure 3. Europe Aircraft MRO Market Overview

Figure 4. Europe Aircraft MRO Market, by Component

Figure 5. Europe Aircraft MRO Market, by Aircraft Type

Figure 6. Europe Aircraft MRO Market, by End-User

Figure 7. Europe Aircraft MRO Market, By Country

Figure 8. Porter’s Five Forces Analysis

Figure 9. Europe Aircraft MRO Market- Ecosystem Analysis

Figure 10. Europe Aircraft MRO Market Impact Analysis of Driver and Restraints

Figure 11. Europe Aircraft MRO Market Revenue Forecast and Analysis (US$ Billion)

Figure 12. Europe Aircraft MRO Market Breakdown, by Component, 2020 and 2028(%)

Figure 13. Europe Engine MRO Market Revenue and Forecast to 2028 (US$ Bn)

Figure 14. Europe Avionics MRO Market Revenue and Forecast to 2028 (US$ Bn)

Figure 15. Europe Airframe MRO Market Revenue and Forecast to 2028 (US$ Bn)

Figure 16. Europe Cabin MRO Market Revenue and Forecast to 2028 (US$ Bn)

Figure 17. Europe Landing Gear MRO Market Revenue and Forecast to 2028 (US$ Bn)

Figure 18. Europe Others Market Revenue and Forecast to 2028 (US$ Bn)

Figure 19. Europe Aircraft MRO Market Breakdown, by Aircraft Type, 2020 and 2028 (%)

Figure 20. Europe Fixed Wing Market Revenue and Forecast to 2028 (US$ Bn)

Figure 21. Europe Rotary Wing Market Revenue and Forecast to 2028 (US$ Bn)

Figure 22. Europe Aircraft MRO Market Breakdown, by End-User, 2020 and 2028(%)

Figure 23. Europe Commercial Market Revenue and Forecast to 2028 (US$ Bn)

Figure 24. Europe Military Market Revenue and Forecast to 2028 (US$ Bn)

Figure 25. Europe: Aircraft MRO Market, by Key Country – Revenue (2020) (USD Billion)

Figure 26. Europe: Aircraft MRO Market Revenue Share, by Key Country (2020 and 2028)

Figure 27. Germany: Aircraft MRO Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 28. UK: Aircraft MRO Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 29. France: Aircraft MRO Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 30. Italy: Aircraft MRO Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 31. Russia: Aircraft MRO Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 32. Rest of Europe: Aircraft MRO Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 33. Impact of COVID-19 Pandemic in Europe Country Markets

  1. AAR
  2. Barnes Group Inc.
  3. Collins Aerospace
  4. Delta TechOps
  5. FLTechnics, UAB.
  6. GE Aviation
  7. Lufthansa Technik
  8. Rolls-Royce plc.
  9. Singapore Technologies Engineering Ltd

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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