The market for aircraft MRO (maintenance, repair, and overhaul) pertains to services that include the inspection, rebuilding, and alteration of aircrafts, as well as the supply of spare parts, accessories, raw materials, and other consumables for aircraft manufacturing. With
of approximately 124.1 billion U.S. dollars.
In aviation, MRO typically involves routine checks and inspections to satisfy airworthiness requirements. The global market comprises individual segments for aircraft engines, components, lines, airframes, and modifications. The largest of these segments is the
. It accounted for around 48 percent of the global civil air transport MRO market in 2024 and i
Leading markets
North America emerged as t
he dominant market for aircraft maintenance, repair, and overhaul, primarily owing to the significant number of commercial and military aircraft fleets and the substantial number of MRO providers. The size of the market was registered as 24.1 billion U.S. dollars in 2024 and was forecast to be worth almost 30 billion U.S. dollars by 2034. Meanwhile, in 2024, Western Europe was the second-largest market; however, the size of the European market was forecast to narrow down by 100 million U.S. dollars, amounting to 21.1 billion U.S. dollars.
Global MRO companies
Some of
the major commercial aircraft engine manufacturers in the world include: General Electric Aviation, CFM International, Rolls Royce as well as Lufthansa Technik. In 2023,
General Electric generated a revenue of around 31.8 billion U.S. dollars from its aviation segment alone, accounting for 47 percent of the company’s overall revenue. Meanwhile, some 6.5 billion euros was generated by
Lufthansa Technik. Lufthansa Technik is a subsidiary of Deutsche Lufthansa AG, founded in 1995 to provide MRO services for civil aircraft, including commercial to VIP aircraft, and special mission aircraft.
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