The Report Covers Global Aviation Engine MRO Companies & Manufacturers. The Market is segmented by Engine Type (Turbine Engine (Turboprop, Turbofan, Turboshaft) and Piston Engine), Application (Commercial Aviation, Military Aviation, and General Aviation), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa).

Between 2020 and 2029, General Electric Aviation is expected to account for over 30 percent of the aircraft engine maintenance, repair and overhaul (MRO) market. During the same period, CFM International will most likely provide 28 percent of commercial aircraft MRO market supply. Aircraft engine MRO market To sustain decent functioning of a highly complex aircraft, it must be constantly checked and repaired. MRO market firms provide various services including aircraft engine and components maintenance, airframe modifications and repair. Globally, the aircraft engine MRO market is expected to reach 64.2 billion U.S. dollars by 2030. In Western Europe, the market for aircraft MRO is estimated to reach around 20.7 billion U.S. dollars. From 2017 to 2026, engine maintenance will account for 34 percent of the aircraft MRO demand in North America. Over the upcoming decade, in emerging market economies, the MRO services are expected to grow at a comparatively higher rate than in developed market economies. In Africa, for instance, the maintenance of aircrafts components composed 27 percent of the aircraft MRO demand in 2017. Firms providing aircraft MRO services Since the total engine MRO market is projected to be worth 43.5 billion U.S. dollars in 2020, the profit attracts many competing firms. Yet, performing maintenance or overhaul of an aircraft is highly technical and skill intensive. In addition, around the globe, this market is highly regulated by the government to facilitate the safe and sound functioning of the airline industry. Therefore, there are a few companies providing MRO services. Between 2019 and 2020, CFM international will most likely generate over 96 billion U.S. dollars by providing engine MRO services. Besides CFM International, there are many other companies providing MRO activities, such as Lufthansa Technik, Rolls-Royce and General Electric Aviation.

The North America Aircraft Engine MRO Market is Segmented Based On Engine Type (Turbine Engine and Piston Engine), Application (Commercial Aviation, Military Aviation, and General Aviation), and Geography (United States and Canada). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

In 2024, the global engine MRO market size was around 49.8 billion U.S. dollars. The market was forecast to grow further and reach 62.6 billion U.S. dollars. Aircraft MRO market and performance To ensure constant availability and accuracy, systems need to receive corrective and preventive maintenance. The importance of achieving almost absolute security for aircraft operation is, because of the intricate and exclusive complexity of an aircraft, immensely high. MRO services are designed to fulfill the market needs of the aviation industry for an aircraft or helicopter. For the total aircraft fleet of an airline, MRO activities make up roughly ten percent of total operating costs. Therefore, the MRO market growth is closely abounded with the aviation industry globally. The MRO market worldwide is forecasted to increase continuously until 2027, reaching roughly 120 billion U.S. dollars in 2027. From 2017 to 2026, most of MRO services demand was estimated to be for engine maintenance and components of an aircraft in North America. Since the aviation market is growing globally at an exponential rate, so follows the MRO market. Compared to other countries or regions, India’s MRO market is expected to grow the largest between 2019 and 2028, roughly by 9.5 percent annually. Aircraft MRO firms As the global aircraft fleet is expanding and the demand for air transportations increases exponentially, the need for MRO operations grows as well. For instance, the financial performance of MRO services of Lufthansa Technik rebounded significantly after the first year of global outbreak and reached 6.5 billion euros in 2023. Similar to many other leading airlines, Air-France-KLM also provides maintenance services. MRO services of Air-France-KLM generated approximately 1.7 billion euros in the fiscal year 2023. Globally, the multitude of companies performs either full MRO activity for an entire aircraft or parts of the MRO process, such as aircraft engine MRO services. In aircraft engine MRO services, General Electric Aviation, CFM International and Rolls-Royce are forecasted to remain the market leaders between 2020 and 2029. During the given period, General Electric Aviation is expected to account for over 30 percent of the global aircraft engine maintenance, repair and overhaul market.

According to Cognitive Market Research, the global Aircraft MRO market size is USD 79154.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.50% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 31661.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 23746.26 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 18205.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 3957.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 1583.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
The Engine Overhaul held the highest Aircraft MRO market revenue share in 2024.

Market Dynamics of Aircraft MRO Market

Key Drivers of Aircraft MRO Market

Growing Global Air Traffic to Increase the Demand Globally

Growing demand for both passengers and cargo has resulted in a rapid expansion of global air traffic, which emphasizes the need for a strong and large fleet. Sustained maintenance, repair, and overhaul (MRO) services are required to maintain aircraft airworthiness and operational excellence in light of this volume increase. MRO services are in greater demand as airlines aim to maximize efficiency and safety while maintaining fleet quality in the face of increasing utilization. As a result, MRO providers are increasingly being relied upon by the aviation sector to supply complete solutions that cater to the complex requirements of contemporary aircraft, hence promoting the aviation ecosystem's continuous expansion and dependability.

Aging Aircraft Fleet to Propel Market Growth

The requirement for scheduled and unscheduled maintenance is increasing along with the average age of the world's aircraft fleet, driving up demand for maintenance, repair, and overhaul (MRO) services. In order to maintain airworthiness and operational safety, aging aircraft require more frequent inspections, upgrades, and repairs. This trend highlights the importance of MRO providers, who are essential to maintaining the efficiency and dependability of older aircraft. The need for MRO services rises as airlines try to meet strict safety rules and prolong the operational lifespan of their fleets. This leads to innovation and investment in maintenance technologies and processes to handle the particular problems presented by aged aircraft.

Restraint Factors of Aircraft MRO Market

High Labor and Component Costs to Limit the Sales

The cost of trained personnel and spare components is on the rise, which puts tremendous pressure on service providers' profit margins as overall Maintenance, Repair, and Overhaul (MRO) prices rise. MRO companies face significant financial challenges due to the rising costs of labor and components due to the requirement for highly skilled workers and specialized components. The ongoing advancements in aviation technology further aggravate these high costs, requiring continual training and investments in cutting-edge techniques and equipment. Therefore, in order to stay profitable in a setting where significant overheads are the norm, MRO providers need to constantly strike a careful balance between providing high-quality services and successfully controlling costs.

Impact of Covid-19 on the Aircraft MRO Market

Due to the COVID-19 epidemic, the aircraft maintenance, repair, and overhaul (MRO) business experienced significant hurdles. Reduced passenger demand, travel limitations, and grounded fleets all contributed to a sharp drop in aircraft utilization, which in turn caused MRO activities to collapse. In order to save money, airlines postponed non-essential maintenance, which had an effect on MRO service revenues. In addition, operations were hampered by manpower shortages and supply chain interruptions, which raised expenses and caused delays. The crisis did, however, present certain opportunities, such as a rise in the need for storage and preservat...

Aircraft Engine MRO Market size was valued at USD 41.17 Billion in 2024 and is projected to reach USD 65.21 Billion by 2031, growing at a CAGR of 6.53% during the forecast period 2024-2031.

Global Aircraft Engine MRO Market Drivers

The market drivers for the Aircraft Engine MRO Market can be influenced by various factors. These may include:

Fleet Expansion: As the world’s commercial aviation industry continues to flourish, more aircraft are being built, which raises the need for maintenance and repair services (MRO) to keep up with the increasing number of engines.
Aging Aircraft: To guarantee safe and effective operation, aircraft need more frequent maintenance and overhauls as they get older. This fuels the need for MRO services, especially overhaul, repair, and maintenance of engines.
Technological Developments: As aircraft engines become more complicated and sophisticated, specialist maintenance and repair services are required. This is due to technological improvements in aviation engines. The need for MRO services capable of handling cutting-edge engine technologies is fueled by this.
Aviation authorities worldwide enforce strict safety requirements and airworthiness standards, which necessitate routine inspections, maintenance, and overhauls of aircraft engines. The need for MRO services is driven by adherence to these regulations.
Cost-Effective Solutions: To maintain their fleets while guaranteeing safety and dependability, airlines and aircraft operators look for economical solutions. When opposed to internal maintenance, outsourcing engine MRO services to specialized providers can frequently result in more affordable options.
Trends in Outsourcing: To cut expenses and concentrate on their core skills, a growing number of airlines and aircraft operators are contracting out their MRO work to outside service providers. This pattern helps to drive the market for MRO for aircraft engines.
Growing Flight Hours: As demand for air travel increases worldwide, aircraft engines log more flight hours, necessitating more frequent maintenance. As a result, there is a greater need for engine maintenance and repair (MRO) services to maintain engines and reduce downtime.
Environmental worries: The development of more fuel-efficient engine technologies is driven by environmental restrictions and worries about carbon emissions. MRO services with a focus on maintaining eco-friendly engines are necessary as airlines look to update their fleets with more environmentally friendly engines.
Geographic Expansion: The market for aviation engine maintenance and repair (MRO) is opening up new prospects as air travel expands into emerging markets and areas with expanding economies. In these areas, there is a greater need for maintenance and repair services due to increased aviation traffic.
Technological Advancements: Predictive maintenance, condition monitoring, and digital twin technologies are examples of innovations that are revolutionizing the MRO sector and making it possible to maintain aircraft engines more effectively and pro-actively. The market for MRO aviation engines is expanding as a result of the adoption of these technologies.

The Europe Aircraft Engine MRO Market is Segmented by Engine Type (Turbine Engine and Piston Engine), Application (Commercial Aviation, Military Aviation, and General Aviation), and Geography (UK, Germany, France, Italy, Switzerland, Spain, and the Rest of Europe). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

The global aircraft engine MRO market size was valued at USD 46.94 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.69% between 2023 and 2033 to reach USD 67.98 billion by 2033.Aircraft Engine MRO (Maintenance, Repair, and Overhaul) involves a wide range of services that are involved in the maintenance of aircraft engines to ensure that they function properly throughout their service time. This segment is paramount in ensuring that the engines’ performances are optimal and dependable, with services including checks, mending, and rebuilding of the components. Professional or specialized fields of MRO involve extensive use of diagnostic and repair methods, replacement of vital parts, and compliance with industry standards and norms. First, they can eliminate problems related to engine failures; second, they improve the durability of engines; and third, for the same engines, they maximize their effectiveness, diminishing fuel consumption and, therefore, operational costs. Also, conservative maintenance and operational services enable airlines to meet legal requirements, avoid a longer period of aircraft operation due to maintenance, and enhance the reliability of the fleet. Using advanced technological equipment and highly trained technical personnel, MRO plays a very vital role in ensuring that engines meet pre-set safety standards and operate efficiently, thus enhancing the sustainability and profitability of the aviation business. Recent developments include: November 2023: SriLankan Airlines, a major airline from Sri Lanka, entered a contract with the global MRO service provider, MTU Maintenance. The contract is termed for five years and the maintenance of LEAP-1A engines., November 2023: GE Aerospace, a global conglomerate, secured a contract with the U.S. Navy worth USD 48 million to modify and re-build aircraft engines for the navy. The contract was established with GE Aerospace’s subsidiary CFM International, which is a global engine supplier based in Ohio, U.S., October 2023: Cebu Pacific, a Philippine-based low-cost carrier, entered into a partnership contract with Lufthansa Technik AG to provide engine maintenance services. As per the contract, Lufthansa Technik is expected to provide MRO Services for three CFM56-5B engines owned by the airline alongside Cyclean Engine wash and Aircraft Transition Services (ATS) for two A320ceo aircraft., June 2023: Lufthansa Technik, a global MRO service provider, partnered with Japan-based airline StarFlyer to provide engine MRO services to the airline’s prominent aircraft. The partnership contract has been signed to provide engine MRO services to the airline’s Airbus A320Neo and A320ceo fleets., October 2023: Safran and Turkish Technic have signed an agreement to provide MRO services of APU generators, engines harnesses and ventilation systems equipment. This agreement covers more than 500 Airbus A320 and A330.. Key drivers for this market are: Initiation of Additive Manufacturing and Sustainable Practices to Boost Market Growth. Potential restraints include: Growing Cost and Regulations Regarding Airworthiness to Limit Market Growth. Notable trends are: Implementation of Predictive Analytics to Boost Market Growth.

The North America Aircraft MRO Market Report is Segmented by MRO Type (Engine, Components, Airframe, and Line), Application (Commercial Aviation, Military Aviation, and General Aviation), and Geography (United States and Canada). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

The worldwide aircraft engine maintenance, repair and overhaul market was expected to be worth 103.9 billion U.S. dollars in 2024 and 124.1 billion U.S. dollars in 2034. In particular, the market size of engines was projected to increase by 26 percent and reach 62.6 billion U.S. dollars at the end of the period given.

Engines: Turbofan engines continue to dominate the market due to their widespread adoption in commercial aviation. However, advancements in fuel efficiency and emissions reduction have led to growing adoption of turboprop and piston engines in regional and private aircraft. Services: Maintenance remains a crucial service, ensuring the safe and reliable operation of aircraft engines. Overhaul services have become increasingly sophisticated, utilizing advanced diagnostic tools and techniques to extend engine life. Repair services mitigate unscheduled engine issues, minimizing aircraft downtime. Key drivers for this market are: Technological advancements in engine design. Increasing air travel demand.. Potential restraints include: Rising operational costs. Labor shortages.. Notable trends are: Digital engine monitoring and predictive maintenance. MRO outsourcing and partnership agreements..

The size and share of the market is categorized based on Application (Commercial, Private) and Product (Engine Maintenance, Components Maintenance, Airframe Heavy Maintenance, Others, Market) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

Turbine engines continue to dominate the market owing to their superior efficiency, reliability, and power generation capabilities. Piston engines, while less efficient, are deployed in smaller aircraft applications where operating costs are a primary consideration. Recent developments include: In September 2022, As part of a joint venture agreement, Rolls Royce Holding Plc and Air China worked together to develop a new repair and overhaul facility in Beijing, China. In its new location, BAESL (Beijing Aero Engine Services Company Limited) would handle MRO for Trent 700, Trent XWB-84, and Trent 1000 engines made by Rolls-Royce., In July 2022, Delta TechOps, a division of Delta Airlines engaged in maintenance and repair services, announced that it had signed with CFM International a CFM Branded Service Agreement (CBSA) to support LEAP-1B engines. In exchange for becoming part of CFM's maintenance, repair, and overhaul (MRO) network, Delta could become an MRO provider for LEAP-1B engines under the CBSA.. Key drivers for this market are: Increase in aircraft fleet size and air travel demand. Technological advancements in engine design and maintenance.. Potential restraints include: High cost of MRO services. Shortage of skilled technicians.. Notable trends are: Predictive maintenance and data analytics. Sustainable maintenance practices..

MEA Aircraft Engine MRO Market size was valued at USD 3.9 Billion in 2024 and is projected to reach USD 5.8 Billion by 2032 growing at a CAGR of 5.1% from 2025 to 2032.

MEA Aircraft Engine MRO Market Dynamics

The key market dynamics that are shaping the MEA aircraft engine MRO market include:

Key Market Drivers

Rising Air Traffic and Fleet Expansion: According to the International Air Transport Association (IATA), passenger traffic in the Middle East is predicted to expand at a CAGR of 5% per year, well exceeding the global average. Increasing demand for air travel, coupled with fleet increases by major airlines in the Middle East.
Focus on Cost Optimization Through Maintenance: The aviation MRO market in the Middle East is expected to reach $16.5 billion by 2030, increasing at a CAGR of 4.5%. Airlines are increasingly focused on predictive and preventative maintenance to cut operational costs and increase fuel efficiency.

The North America Aircraft Maintenance Repair Overhaul MRO Market size is USD 29.12 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 4.00% from 2023 to 2030.

The Asia-Pacific Aircraft MRO Market Report is Segmented by MRO Type (Airframe MRO, Engine MRO, Component MRO, and Line Maintenance), Application (Commercial Aviation, Military Aviation, and General Aviation), and Geography (China, India, Japan, South Korea, Australia, Thailand, Singapore, and Rest of Asia-Pacific). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

The South East Asia Aircraft MRO Market is Segmented by Application (Commercial Aviation, Military Aviation, and General Aviation), MRO Type (Airframe MRO, Engine MRO, and Other MRO Types), and Geography (Malaysia, Indonesia, Singapore, Thailand, and Rest of South East Asia). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

The Latin America Aircraft MRO Market is Segmented by MRO Type (Airframe MRO, Engine MRO, Component and Modifications MRO, and Line Maintenance), End-User (Commercial, Military, General Aviation), and Geography (Brazil, Mexico, Argentina, and the Rest of Latin America). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

The Aircraft Engine Maintenance, Repair, and Overhaul (MRO) market is experiencing robust growth, projected to reach a value of $34.49 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 5.86% from 2025 to 2033. This expansion is driven primarily by the aging global aircraft fleet necessitating increased maintenance and repair services. The rise in air travel, particularly in the Asia-Pacific region (APAC), fuels demand for MRO services. Commercial aviation constitutes a significant portion of the market, followed by military and general aviation segments. Turbofan and turbojet engines dominate the type segment, reflecting the prevalence of these engines in modern aircraft. Technological advancements in engine design and the increasing adoption of predictive maintenance are key trends shaping the market landscape. However, the industry faces constraints such as fluctuating fuel prices, stringent regulatory compliance requirements, and skilled labor shortages, impacting operational efficiency and overall profitability. Competition is intense, with major players like General Electric, Rolls Royce, Safran, and Boeing actively vying for market share alongside regional players. North America and Europe currently hold significant market shares, but rapid growth is anticipated in the APAC region, driven by strong economic growth and increasing aircraft fleet size in countries like China and India. The forecast period of 2025-2033 presents substantial opportunities for established players and new entrants alike, particularly those with a focus on technological innovation and efficient service delivery. The competitive landscape is defined by a mix of Original Equipment Manufacturers (OEMs) and independent MRO providers. OEMs offer specialized services and parts, leveraging their deep understanding of engine technology. Independent providers focus on cost-effective solutions, often specializing in specific engine types or maintenance procedures. The increasing adoption of digital technologies, including AI-powered predictive maintenance and advanced analytics, is revolutionizing MRO operations, enabling optimized scheduling, reduced downtime, and enhanced efficiency. This technological shift requires significant investment, but offers long-term cost savings and improved operational performance. The market’s future success hinges on adapting to evolving technologies, navigating regulatory changes, and effectively addressing the skills gap within the workforce. Strategic partnerships and mergers and acquisitions are expected to play a crucial role in shaping market consolidation and enhancing global reach.

The Aircraft MRO Market is segmented into various products, including:

Engine MRO: This segment includes services such as engine overhauls, repairs, and component replacements.


Component MRO: This segment encompasses the maintenance, repair, and replacement of components such as landing gear, hydraulic systems, and electronics.


Line Maintenance: This encompasses routine maintenance tasks such as inspections, minor repairs, and troubleshooting.


Airframe and Modifications: This segment covers structural repairs, modifications, and upgrades to aircraft.


Advanced Analytics and Predictive Maintenance: This emerging segment involves utilizing data analytics and predictive modeling to monitor aircraft health, optimize maintenance schedules, and minimize unplanned downtime.

Recent developments include: In February 2022, Flydubai, a Dubai-based airline, acquired a multi-year arrangement with Boeing for spares provisioning and Quick Engine Change (QEC) kits to service its all-Boeing fleet. These new contracts will allow flydubai to support more efficient maintenance operations while also controlling inventory costs, providing attractive continued business potential for the aircraft interiors and MRO sector in the post-COVID recovery period., In February 2022, FL Technics was granted two extensions under the current Part 145 approval. The first expansion of capabilities is to provide line maintenance services for Boeing B787 aircraft, and the second is to provide borescope examinations of Pratt & Whitney PW1100G-JM series engines. Simultaneously, the FL Technics team will now rely on approved borescope inspection services for one of the most popular engines on the market, which is commonly mounted on the Airbus A320 aircraft family.Report Overview. Key drivers for this market are: Rising Demand for Air Travel: The increasing number of people traveling by air is driving the demand for MRO services. Growing Fleet: The global fleet of aircraft is expanding, which is creating a need for more MRO services.. Potential restraints include: High Costs: MRO services can be expensive, which can limit access for budget-sensitive airlines. Skill Shortage: The MRO industry faces a shortage of skilled technicians.. Notable trends are: Digitalization: The use of digital technologies to improve efficiency and automate processes. Sustainability: The focus on reducing the environmental impact of MRO operations..