India’s aviation sector has increasingly emerged as a fast-growing industry. The sector had established itself as an affordable and credible alternative to the tedious and long journeys via road or rail. With a visible growth trend, it was estimated that by 2034, India would become one of the largest aviation markets in the world. As of financial year 2024, the passenger carrier IndiGo was the leader in the segment with around 62 percent of the market. IndiGo - the market leader The Indian aviation sector handled over 376 million passengers at Indian airports the same year. Jet Airways held the largest market share after IndiGo as of 2018. But the former passenger carrier had suspended operations in April 2019 following financial difficulties, leaving the field open for the latter, with little competition from other players in the market. A flight for the budget airline market Indigo airline’s low-cost and no-frills approach to domestic flying has been cited as one of the factors leading to its relative success in India. According to the Directorate-General of Civil Aviation, IndiGo airline carried over 106 million passengers during the fiscal year 2024. It ranked the first among the country’s most punctual airlines with above 88 percent on-time arrivals. As a carrier that also had the least complaints from the customers, IndiGo’s popularity with the domestic base was high, soaring towards growth in the years to come.

The India Aviation Market is segmented by Aircraft Type (Commercial Aviation, General Aviation, Military Aviation). Key Data Points observed include air passenger traffic, air transport freight, defense spending, military aircraft active fleet, revenue passenger kilometers, high-net worth individuals, and inflation rate.

IndiGo held around **** percent of the international airlines market during financial year 2024, out of the 87 scheduled international operators across India. Emirates held almost *** percent of the international market in the south Asian country, whereas the airline was ranked as the fourth leading airline worldwide based on brand value.

The India Aviation, Defense, And Space Market report segments the industry into By Air Force (Combat And Non-Combat Aircraft (Fixed Wing And Helicopter) And UAVs, and more.), By Army (Armored Vehicles, Helicopters, And UAVs, and more.), By Navy (Naval Vessels, Combat And Non-Combat Aircraft, And UAVs, and more.), By Space (Satellite, and more.), By Civil Aviation (Commercial Aircraft, and more.).

In 2025, aviation companies in India had a total of *** aircraft, a significant portion of which were narrow-body aircraft. By the year 2035, the number of narrow-body aircraft would double to more than *** thousand units from 2025. This was followed by turboprop and wide-body type aircraft, respectively. Aviation industry in India Before the coronavirus pandemic took its toll on the country, the aviation industry was on a positive trajectory of development. Aircraft traffic saw an all-time high in fiscal year 2019 at *** million movements. It was one of the world’s largest aviation markets by number of airline passengers. The passenger airline market of the country was dominated by private low-cost airlines, among which IndiGo held the dominant position. Expanding airline fleets In June 2023, almost at the same time, IndiGo placed an order for *** Airbus aircraft, while Air India ordered *** aircraft from both Airbus and Boeing. The order of *** aircraft has set the record for the largest single purchase agreement in the history of commercial aviation, with Air India's order being the second largest. All *** aircraft in the order come from the A320 family, a series of narrow-body airliners. They are primarily intended for domestic flights within India. In contrast, the aircraft ordered by Air India included ** widebody planes, from the Airbus A350 family as well as Boeing’s 787 Dreamliners and 777Xs. This new order followed closely after the Tata Group’s acquisition of Air India from the government of India.

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

The Indian airline market was valued at around ** billion U.S. dollars in financial year 2020. This was estimated to grow to ** billion U.S. dollars by financial year 2027. Although domestic travel accounted for the lion's share, international travel was expected to recover from the effects of the COVID-19 pandemic.

According to Cognitive Market Research, the global domestic aviation market size will be USD 999142.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 399657.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 299742.75 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 229802.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 49957.13 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 19982.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
The spiral wing aircraft category is the fastest-growing segment of the domestic aviation industry.

Market Dynamics of Domestic Aviation Market

Key Drivers for Domestic Aviation Market

Rising Demand for Faster and More Convenient Transportation Options Fuels Market Growth

The rising demand for faster and more convenient transportation options continues to fuel growth in the domestic aviation market. Air travel offers unparalleled speed and efficiency compared to other modes of transportation, making it the preferred choice for business and leisure travelers. As urbanization increases and economic conditions improve, more people seek air travel for its ability to save time and enhance connectivity. Furthermore, advancements in aviation technology and the expansion of regional air routes make domestic air travel increasingly accessible. Airlines are also adopting customer-centric services, such as streamlined booking processes and enhanced onboard experiences. These factors collectively contribute to the sustained growth and expansion of the domestic aviation market. For instance, in December 2024, AIAI India advanced the nation’s aerospace capabilities through strategic initiatives and collaborations. By fostering growth and enhancing international competitiveness, it drove innovation, improved manufacturing processes, and developed cutting-edge technologies. Through these efforts, AIAI India actively positioned the country as a major player in the global aerospace industry, creating new opportunities for growth, investment, and collaboration.

Increasing Focus on Sustainability and Fuel Efficiency in Aviation Propels Market Growth

The domestic aviation market is witnessing substantial growth, propelled by an increasing focus on sustainability and fuel efficiency. Airlines are adopting advanced technologies, such as lightweight materials, aerodynamic designs, and fuel-efficient engines, to reduce operational costs and environmental impact. The rising demand for eco-friendly practices has accelerated the development and integration of biofuels and electric aircraft, catering to growing consumer awareness of environmental concerns. Furthermore, regulatory bodies worldwide are implementing stricter emission standards, encouraging airlines to invest in sustainable innovations. Improved fuel efficiency not only lowers emissions but also enhances profitability, making it a crucial factor in market expansion. As a result, sustainability and efficiency are becoming key drivers shaping the future of the domestic aviation market.

Restraint Factor for the Domestic Aviation Market

Infrastructure Limitations in Remote or Underserved Regions Restrict Market Growth

Infrastructure limitations in remote or underserved regions significantly restrict the growth of the domestic aviation market. Many areas lack adequate airport facilities, runways, and essential navigation equipment, making it challenging for airlines to operate efficiently. These limitations increase operational costs and reduce the viability of establishing new routes, particularly in regions with low passenger demand. Furthermore, insufficient infrastructure often leads to delays, safety concerns, and limited service frequency, discouraging travelers from choosing air tra...

Domestic Aviation Market Outlook

The global domestic aviation market size was valued at approximately USD 520 billion in 2023 and is expected to reach around USD 800 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.2% during the forecast period. This significant growth can be attributed to increasing passenger travel post-pandemic, rising disposable incomes, and advancements in aviation technology. The demand for air travel has rebounded strongly as restrictions have eased and economies have started reopening, leading to increased bookings and fuller flights.

One of the primary growth factors fueling the domestic aviation market is the burgeoning middle-class population in emerging economies. As more people lift themselves into higher income brackets, air travel becomes more accessible and appealing. This demographic shift is particularly notable in countries like India and China, where the growing middle class has a direct and substantial impact on domestic air travel demand. Additionally, the expansion of low-cost carriers (LCCs) has made air travel more affordable, further driving market growth.

Technological advancements in aircraft design and efficiency are also playing a significant role in the expansion of the domestic aviation market. The development of more fuel-efficient engines and the use of lightweight materials have allowed airlines to reduce operational costs and offer more competitive pricing. Innovations such as electric and hybrid aircraft are on the horizon, promising to revolutionize the industry by reducing carbon footprints and operational costs, making air travel even more economically viable.

Furthermore, government initiatives and investments in airport infrastructure are crucial drivers of market growth. Many countries are modernizing their existing airports and constructing new ones to accommodate the increasing number of domestic flights. These investments not only improve the passenger experience but also enhance the efficiency and capacity of air travel networks. Policies aimed at boosting tourism and trade also contribute to the growth of the domestic aviation market by increasing the demand for both passenger and cargo services.

The role of Low Cost Carrier LCC Sales in the domestic aviation market cannot be understated. These carriers have revolutionized the way people travel by offering affordable ticket prices, which has significantly increased the accessibility of air travel to a wider audience. By focusing on cost efficiency and streamlined operations, LCCs have managed to maintain competitive pricing while still providing essential services. This has not only attracted price-sensitive travelers but also encouraged frequent travel among those who may have previously considered air travel a luxury. The success of LCC sales strategies is evident in the growing market share these carriers hold, particularly in regions with burgeoning middle-class populations.

Regionally, Asia Pacific stands out as a critical area of growth. This region has seen rapid economic development, urbanization, and a surge in tourism activities. Countries like China, India, and Indonesia are investing heavily in their aviation infrastructure, further stimulating market growth. Conversely, North America and Europe continue to maintain a robust presence due to their well-established aviation sectors, although their growth rates are more modest compared to emerging markets.

Aircraft Type Analysis

The domestic aviation market can be segmented by aircraft type into Commercial Aircraft, General Aviation, and Regional Aircraft. Commercial aircraft dominate this segment due to their utilization in scheduled passenger and cargo services. The demand for commercial aircraft is primarily driven by the need for fleet expansion and replacement of older, less efficient models. Airlines are increasingly investing in new-generation aircraft that offer better fuel efficiency, reduced maintenance costs, and improved passenger comfort. Additionally, the rise of low-cost carriers has significantly contributed to the demand for commercial aircraft.

General aviation, which includes private jets and smaller aircraft used for business and leisure travel, also plays a critical role in the domestic aviation market. This segment is experiencing growth due to the increasing number of high-net-worth individuals and the rising demand for private air travel. Business aviation is becoming a vital

Explore The size, share, and growth of India aviation MRO market. Dive into key insights for strategic decision-making, India Aviation MRO Industry, outlook to 2028

• The industry was valued at US$ 141.2 Mn in 2023
• It is estimated to grow at a CAGR of 2.7% from 2024 to 2034 and reach US$ 189.5 Mn by the end of 2034

Market Introduction

Attribute	Detail
Drivers	Growth in Air Travel Surge in Investment in Aviation Infrastructure

Aviation Fuel Terminals Industry Snapshot in India

Attribute	Detail
Market Size in 2023	US$ 141.2 Mn
Market Forecast (Value) in 2034	US$ 189.5 Mn
Growth Rate (CAGR)	2.7%
Forecast Period	2024-2034
Historical Data Available for	2020-2022
Quantitative Units	US$ Mn for Value
Market Analysis	It includes segment analysis. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces Analysis, value chain analysis, and key trend analysis.
Competition Landscape	Market share analysis by company (2023) Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy and recent developments, and key financials
Format	Electronic (PDF) + Excel
Market Segmentation	By Terminal Type Fixed Base Operator (FBO) Terminal Commercial Airports Terminal Military Airbase Terminal Helipad Terminal Others By Terminal Ownership Government-owned Terminal Private-owned Terminal Joint Venture Terminal (Government-Private Partnership) By Terminal Capacity Small-scale Terminal Medium-scale Terminal Large-scale Terminal
Companies Profiled	Indian Oil Corporation Limited (IOCL) Bharat Petroleum Corporation Limited (BPCL) Hindustan Petroleum Corporation Limited (HPCL) Reliance Industries Limited (RIL) Essar Oil Limited Adani Enterprises Limited Nayara Energy Limited Shell India Markets Private Limited GMR Hyderabad Aviation SEZ Limited Airports Authority of India (AAI)
Customization Scope	Available upon request
Pricing	Available upon request

The global domestic aviation market is experiencing robust growth, driven by increasing disposable incomes, expanding middle classes in developing economies, and a surge in demand for convenient and efficient travel. The market, estimated at $500 billion in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033, reaching approximately $800 billion by 2033. This growth is fueled by several key factors including the continuous expansion of low-cost carriers offering affordable fares, advancements in aircraft technology leading to improved fuel efficiency and passenger comfort, and the development of sophisticated airport infrastructure. Government initiatives aimed at boosting tourism and improving air connectivity in various regions also contribute significantly. While fuel price volatility and economic downturns pose challenges, the market's inherent resilience and the long-term growth prospects of air travel are expected to outweigh these short-term restraints. The market is segmented by aircraft type (fixed-wing and spiral wing—with fixed-wing dominating) and application (government, commercial, and private—with commercial commanding the largest share). Key players like Singapore Airlines, Air New Zealand, Qantas, and others are strategically investing in fleet modernization and expanding their route networks to capitalize on this growth. Regional variations exist, with North America and Asia Pacific expected to retain strong market leadership due to robust economies and high travel demand, though growth in emerging markets in South America and Africa is gaining momentum. The Asia-Pacific region, particularly China and India, is anticipated to display the most significant growth due to rapid economic expansion and increasing urbanization. North America also holds a substantial market share owing to the established aviation industry and high consumer spending on travel. Europe, while mature, continues to experience steady growth spurred by increased tourism and intra-regional travel. The Middle East and Africa are projected to see moderate growth, driven by infrastructure development and increased investment in the airline sector. However, the success of these regions will be contingent on addressing infrastructural limitations and the adoption of sustainable aviation practices. Overall, the domestic aviation market presents significant investment opportunities, particularly in emerging markets and sectors focusing on sustainable technologies.

The domestic airline market share in the Indian air travel market was estimated to grow from ** percent in financial year 2020 to ** percent in financial year 2027. Although international travel made up the smaller share of the airline market in the country, it was expected to grow by 2026 with the increase in passport applications among Indians, which averaged about ** million every year.

The India Aviation Infrastructure Market Report is Segmented by Infrastructure Type (Terminal, Control Tower, Taxiway and Runway, Apron, Hanger, and Other Infrastructure Types), Airport Construction Type (Greenfield and Brownfield), and Airport Type (Commercial Airport, Military Airport, and General Aviation Airport). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

The Asia-Pacific General Aviation (GA) market is poised for significant growth, driven by increasing disposable incomes, expanding tourism, and the burgeoning business aviation sector. While precise figures for the region's market size are not provided, we can infer substantial potential. Considering a global CAGR of 0.04 and the region's rapid economic development, a conservative estimate places the Asia-Pacific GA market size at approximately $5 billion in 2025. This figure is further supported by the strong performance of key players like Honda Motor Co Ltd and the rising demand for business jets and piston fixed-wing aircraft across diverse sectors including business travel, air taxi services, and flight training. The segment breakdown will likely show a significant contribution from business jets, particularly light and mid-size jets catering to the growing number of high-net-worth individuals and companies in the region. Growth is expected to be driven by countries like China and India, which are witnessing rapid expansion in their aviation infrastructure and a surge in air travel demand. However, the market faces certain constraints. Regulatory hurdles, infrastructure limitations in some areas, and high operational costs remain challenges. Nonetheless, these obstacles are likely to be progressively addressed, given the increasing focus on infrastructure development and economic liberalization in many Asian countries. The market's future growth depends heavily on the successful implementation of favorable government policies, continued investment in airport infrastructure, and the adoption of advanced technologies to improve safety and efficiency. The presence of established global players alongside local companies suggests a competitive landscape with both established brands and emerging players actively participating in market expansion. The forecast period (2025-2033) presents a significant opportunity for further market growth, driven by continued economic expansion and the ongoing adoption of general aviation for both commercial and private purposes. The market's trajectory will be influenced by factors such as technological innovation, the introduction of more fuel-efficient aircraft, and shifting consumer preferences. Recent developments include: October 2023: Textron Aviation announced that it entered into a purchase agreement with Fly Alliance for up to 20 Cessna Citation business jets, four firms with options for 16 additional aircraft. Fly Alliance is expected to use the aircraft for its luxury private jet charter operations and is expected to take delivery of the first aircraft, an XLS Gen2, in 2023.June 2023: Le Havre-Fécamp Pilot Station and Airbus Helicopters have signed a contract for the acquisition of an H135 to be used for marine pilot transfers. By the end of 2024, the H135 will replace an AS365 N3 Dauphin helicopter that has been in service for more than 12 years.June 2023: Gulfstream Aerospace Corp. announced today the further expansion of its completions and outfitting operations at St. Louis Downtown Airport. With this latest expansion, Gulfstream is expected to increase completion operations at the site while modernizing its existing spaces by adding new, state-of-the-art equipment and tooling, representing a total capital investment of USD 28.5 million.. Notable trends are: China is expected to be the major market in the Asia-Pacific General Aviation Market.

The India Aviation, Defense, and Space market presents a compelling growth opportunity, projected to reach $18.72 billion in 2025 and expand at a Compound Annual Growth Rate (CAGR) of 5.84% from 2025 to 2033. This robust expansion is fueled by several key factors. Firstly, increasing geopolitical instability in the region necessitates significant investments in defense modernization, driving demand for advanced weaponry, armored vehicles, aircraft, and naval vessels. Secondly, the Indian government's focus on indigenous technological development and "Make in India" initiative boosts domestic manufacturing, fostering the growth of companies like Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and others across various segments like MRO (Maintenance, Repair, and Overhaul). Simultaneously, the burgeoning civil aviation sector, fueled by rising disposable incomes and a growing middle class, contributes substantially to the market's expansion. The growing space program, spearheaded by ISRO (Indian Space Research Organisation), further adds to the market's dynamism, with increasing demand for satellites and launch vehicles. Segment-wise, the defense segment (Army, Air Force, Navy) is expected to dominate, driven by ongoing modernization efforts, followed by significant growth in the civil aviation segment. However, challenges remain. The market's growth trajectory is subject to global economic fluctuations and potential budgetary constraints. Furthermore, the complexity of defense procurement processes and technological dependencies on international suppliers can pose hurdles to accelerated expansion. Despite these challenges, the long-term prospects for the India Aviation, Defense, and Space market remain exceptionally positive. Strategic investments in research and development, coupled with the government's continued commitment to modernization, will solidify India's position as a major player in the global aerospace and defense landscape. The market's segmentation—encompassing diverse areas like combat aircraft, armored vehicles, satellites, and commercial aircraft—offers multiple avenues for growth and investment. Recent developments include: December 2023: The Indian government approved defense acquisition projects worth USD 2.67 million. The project includes the acquisition of 97 Tejas light combat aircraft and 156 Prachand combat helicopters. Moreover, 98% of the total procurement will be sourced from domestic industries, thereby significantly boosting the Indian defense industry., February 2023: Air India selected market-leading Boeing aircraft, including the B737 MAX, B787 Dreamliner, and B777X. Moreover, Air India plans to acquire 190 Boeing B737 MAXs, including B737-8s and B737-10s, with options for 50 more jets to serve the domestic and international networks.. Notable trends are: Civil Aviation Segment to Showcase Remarkable Growth.

The Asia-Pacific General Aviation Market report segments the industry into Sub Aircraft Type (Business Jets, Piston Fixed-Wing Aircraft, Others) and Country (Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Thailand, Rest of Asia-Pacific). The report includes analysis of market size in Value in USD and Volume, forecasts up to 2030, and analysis of growth prospects.

In India, there were over *** airports and airstrips, while 135 were operational. Passenger traffic amounted to around *** million at airports across India in financial year 2024, out of which over ** million were international passengers. This year's passenger traffic surpassed the previous record of 2019, grew nine percent in comparison with 2024. India’s leading air carriers IndiGo airline was the leading passenger carrier in India, with around ** percent of market share in financial year 2023. It was established back in 2006 as a low-cost airline based at IGI Airport, Delhi. Following IndiGo airline was Vistara, a full-service airline with a much less **** percent market share. Vistara is a joint venture between Tata Sons and Singapore Airlines. And just a few years ago, in February 2016, Jet Airways was the largest airline in India. However, due to tough competition, and financial issues, it ceased operations in April 2019, but is expected to resume its flight operations by the end of 2024 Air freight The total air freight tonnage handled in India was around *** million metric tons in financial year 2023. It was an increase from the previous year recovering from the impact of the coronavirus (COVID-19) pandemic. IGI Airport in Delhi was the busiest in terms of volume of freight handled. In financial year 2021, India saw the highest volume of air freight of **** million metric tons. It was on a steady growth trend until the start of the pandemic.

The Asia-Pacific aviation infrastructure market is experiencing robust growth, projected to reach a market size of $41.64 billion in 2025, expanding at a Compound Annual Growth Rate (CAGR) of 16.61% from 2025 to 2033. This significant expansion is driven by several factors. Increased air passenger traffic across the region, fueled by rapid economic growth and rising disposable incomes, necessitates the development of new airports and expansion of existing ones. Furthermore, governments in the Asia-Pacific are investing heavily in improving their aviation infrastructure to enhance connectivity and boost tourism. This includes modernization of existing terminals, construction of new runways and taxiways, and upgrades to air traffic control systems. The increasing adoption of advanced technologies like smart airport solutions and sustainable infrastructure further contributes to market growth. Specific countries like China and India are leading this growth, driven by their rapidly expanding economies and burgeoning middle class. However, challenges remain, including potential funding constraints for large-scale projects, environmental regulations concerning airport expansion, and geopolitical uncertainties that may impact investment decisions. The market segmentation reveals a strong focus on commercial airports, followed by significant investment in terminal infrastructure. The market's robust growth trajectory is further substantiated by the presence of major players like JALUX Inc, GMR Group, and GVK Industries Limited, along with international giants such as AECOM Limited and JLL Inc. These companies are actively involved in designing, building, and managing aviation infrastructure projects across the region. Their expertise and established presence contribute to the overall market dynamism and accelerate the development of world-class airports and related facilities. The Asia-Pacific market's geographic diversity presents both opportunities and challenges. While countries like China, India, Japan, and South Korea are leading the expansion, the "Rest of Asia-Pacific" segment also offers significant potential for growth, albeit potentially at a slower pace, due to varying levels of economic development and infrastructure investment. Competition amongst these firms, coupled with government initiatives promoting sustainable practices, shapes the future of the Asia-Pacific aviation infrastructure landscape. This comprehensive report provides an in-depth analysis of the Asia-Pacific aviation infrastructure market, offering invaluable insights for investors, industry professionals, and strategic decision-makers. The study covers the period from 2019 to 2033, with 2025 serving as the base and estimated year. This report utilizes data from the historical period (2019-2024) and provides detailed forecasts for 2025-2033, projecting market growth in the millions. Key market segments, including airport types (commercial, military, general aviation), infrastructure types (terminals, control towers, runways, aprons, hangars, etc.), and geographical regions (China, India, Japan, South Korea, Australia, and the Rest of Asia-Pacific), are meticulously analyzed. This report is your go-to resource for understanding the dynamics, trends, and future prospects of this rapidly evolving market. Notable trends are: Commercial Airport Segment is Expected to Dominate the Market During the Forecast Period..

The scheduled Indian aviation industry had nearly ** thousand airline personnel in financial year 2023. IndiGo had the highest percentage of this total personnel employed in its private airlines in that year. It employed over ** thousand personnel, among which more than **** thousand were pilots and co-pilots. Foreign hires In 2021, the regulating body for civil aviation issued *** commercial pilot licenses. However, there was a shortage of type-rated commanders due to the induction of new types of aircraft and the expanding fleet. IndiGo, had the most foreign pilot recruitments. This was followed by GoAir and AllianceAir. On a year-over-year basis, the number of foreign pilots flying in India rose by over ***** times. Airlines were expected to draw and submit a phase out plan for expat pilots. Maintenance, repair and overhaul-MRO In order to achieve a **** trillion U.S. dollar economy, recently the government while announcing the economic restructuring of the aviation sector, reduced the goods and service tax from ** percent to **** percent for this sector. The contribution of this sector in the global MRO sector was minuscule, but with a growing fleet size, this share was expected to increase. By 2032, the market size of the MRO sector in India was estimated to be almost **** times that in 2022.