Aircraft Engine Mro Market Scope And Analysis

Report Code : TIPRE00025489
Category : Aerospace and Defense

No. of Pages : 150

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Aircraft Engine MRO Market Analysis and Scope (2024 to 2031)

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Aircraft Engine MRO Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 39.21 billion
Market Size by 2031	US$ 64.50 billion
Global CAGR (2023 - 2031)	6.4%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Engine Turbine Engine Piston Engine By Application Commercial Aircraft General Aviation Military Aircraft By Aircraft Type Fixed Wing Rotary Wing
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Delta Airlines Inc GE Aviation CFM International Lufthansa Technik MTU Aero Engines AG SIA Engineering Company Sigma Aerospace Safran S A Raytheon Technologies Corporation Rolls

Aircraft Engine MRO Market News and Recent Developments

The aircraft engine MRO market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:

In April 2024, ITP Aero signed a contract with the Colombian Ministry of Defence for the Maintenance, Repair and Overhaul (MRO) of the T700 engines that power its Armed Forces’ fleet of Black Hawk helicopters. The contract will run until June 2026 and the MRO services for the engines will be carried out at ITP Aero’s facilities in Albacete (Spain). (Source: ITP Aero, Press Release)
In November 2023, MTU Maintenance signed a five-year LEAP-1A maintenance, repair and overhaul (MRO) contract with SriLankan Airlines, building on the two companies’ existing relationship that has also covered V2500 engines and leasing support. The national carrier of Sri Lanka currently operates a fleet of 22 Airbus A330s and A320/A321 aircraft and carries out flights across South Asia, Europe, the Far East and the Middle East. (Source: MTU Maintenance, Newsletter)

Aircraft Engine MRO Market Report Coverage and Deliverables

The “Aircraft Engine MRO Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering the following areas:

Aircraft Engine MRO Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Market dynamics such as drivers, restraints, and key opportunities
Aircraft Engine MRO Market trends
Detailed Porter’s Five Forces
Aircraft Engine MRO Market analysis covering key market trends, Global and regional framework, major players, regulations, and recent market developments
Aircraft Engine MRO Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
Detailed company profiles