Aircraft Airframe MRO Market Analysis

Global Aircraft Airframe MRO Market Overview

Aircraft Airframe MRO Market Size was valued at USD 57.304 billion in 2023. The Aircraft Airframe MRO market is projected to grow from USD 59.59616 billion in 2024 to USD 78.42448 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.49% during the forecast period (2024 - 2032). Increased air travel, increasing foreign trade, and the need for new aircraft are key market drivers enhancing market growth.

Source Secondary Research, Primary Research, MRFR Database, and Analyst Review

Aircraft Airframe MRO Market Trends

Rising air travel is driving the market growth.

Many new MRO support centers have recently been built in various countries. Increasing criteria for adequate servicing and refurbishment of aircraft to preserve their peak performance and to meet stringent regulatory specifications would raise the market share of MRO commercial aircraft. The Aircraft MRO market CAGR size would be further expanded by technological developments combined with the need to resolve the wear and tear of products. In addition, rising foreign trade between countries has increased the frequency of cargo aircraft. To ensure optimal efficiency and safe air travel, it is also necessary to execute timely checks and repairs on airplanes. Different factors push the market, such as the increased focus of OEMs on aircraft MRO operations and the rapid growth of aircraft fleets. In addition, the increased need for adequate engine & component servicing is driving the development of the MRO market for aircraft. The emergence of low-cost airlines and the high professionalism displayed by ground and maintenance workers exploit the worldwide commercialization of the airline industry.

Additionally, owing to an increase in aircraft modernization, environmental issues, and rules and legislation for the replacement of older fleets, numerous engine production projects are also expected to experience popularity. Many engine manufacturers are focused on producing powerful and inexpensive engines for new fleets. The growth of refurbished and used parts in the engine and non-engine maintenance is one of the significant trends in this field. In the next decade, demand for used aircraft parts is projected to increase, fuelled by the growth in the retirement of older aircraft worldwide. In commercial aviation, the dynamics of the MRO market are evolving rapidly, so sustainability in the industry requires fast implementation of strategies to address the dynamism. In addition, straight-line government regulations on aircraft and the need for frequent servicing of engine parts and engines are other factors driving the Aircraft Airframe MRO market revenue.

Aircraft Airframe MRO Market Segment Insights

Aircraft Airframe MRO Type Insights

The Aircraft Airframe MRO market segmentation, based on type, includes engine, component, line maintenance, airframe, and modifications. The engine segment dominated the market due to increased aircraft modernization, environmental concerns, and laws and legislation for replacing outdated fleets.

For Instance, 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 controlling inventory costs, providing attractive continued business potential for the aircraft interiors and MRO sector in the post-COVID recovery period.

For Instance, February 2022 FL Technics was granted two extensions under 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.

Aircraft Airframe MRO Aircraft Type Insights

The Aircraft Airframe MRO market segmentation, based on aircraft MRO type, includes narrow-body, wide-body, and others. The narrow-body segment dominated the market due to airline operators updating their aircraft models to allow cost reductions that result in fuel efficiency, thus increasing the fleet of narrow-body aircraft. Wide-body aircraft are projected to be the fastest CAGR in the forecast timeframe, leading to a significant transformation in the production of turbofan engines over the last few years. Wide-body aircraft experience a high proportion of MRO costs due to their complexity and high maintenance.

Figure 1: Aircraft Airframe MRO Market, by Aircraft Type, 2022 & 2032 (USD billion)

Source Secondary Research, Primary Research, MRFR Database, and Analyst Review

Aircraft Airframe MRO Application Insights

Based on Application, the Aircraft Airframe MRO market segmentation includes commercial air transport, business and general aviation, and military aviation. The commercial air transport segment dominated the market; Because of the demand for fuel efficiency and passenger and aircraft safety, commercial air transport firms pursue vital efforts to sustain their aircraft fleet. Application – Commercial OGMA, a subsidiary of Embraer, made aviation history when it became the first Authorized Maintenance Center in Europe, the Middle East, and Africa (EMEA) to be certified by the Portuguese aeronautical authority to perform heavy maintenance on the E-Jets E2 family of commercial aircraft. Because of this, OGMA is broadening its presence in the commercial aviation industry.

Aircraft Airframe MRO Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American aircraft airframe MRO market will dominate this market. Due to major aircraft manufacturers (such as Boeing) and MRO engine service providers present, achieving a high market share in the Region will boost market growth.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: AIRCRAFT AIRFRAME MRO MARKET SHARE BY REGION 2022 (%)

Source Secondary Research, Primary Research, MRFR Database, and Analyst Review

Europe Aircraft, the Airframe MRO market, accounts for the second-largest market share due to High R&D Investments, increasing foreign trade, and the need for new aircraft. Further, the German Aircraft Airframe MRO market held the largest market share, and the UK Aircraft Airframe MRO market was the fastest-growing market in the European Region.

The Asia-Pacific Aircraft Airframe MRO Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to economic growth, rising number of travelers, and increasing investment in aviation infrastructure. Moreover, China’s Aircraft Airframe MRO market held the largest market share, and the Indian Aircraft Airframe MRO market was the fastest-growing market in the Asia-Pacific region.

Aircraft Airframe MRO Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the Aircraft Airframe MRO market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The aircraft airframe MRO industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Aircraft Airframe MRO industry to benefit clients and increase the market sector. In recent years, the Aircraft Airframe MRO industry has offered some of the most significant advantages to medicine. Major players in the Aircraft Airframe MRO market, including Airbus Group, Air France KLM Engineering & Maintenance, Air Works, Delta TechOps, HAECO, Honeywell International, GMF AeroAsia, Jet Maintenance Solutions, ST Aerospace, and others, are attempting to increase market demand by investing in research and development operations.

Flydubai, legally Dubai Aviation Corporation, is an Emirati government-owned low-cost airline in Dubai, United Arab Emirates, with its head office and flight operations in Terminal 2 of Dubai International Airport.Flydubaiacquired 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 controlling inventory costs, providing attractive continued business potential for the aircraft interiors and MRO sector in the post-COVID recovery period.

FL Technics is an aircraft maintenance, repair, and overhaul service provider, headquartered in Vilnius, Lithuania. The company has Base Maintenance facilities in Lithuania, Indonesia, and China and provides Line Maintenance support across Europe, Africa, Asia-Pacific, and the CIS states.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 rely on approved borescope inspection services for one of the most popular engines, commonly mounted on the Airbus A320 aircraft.

Key Companies in the aircraft airframe MRO market include.

• Airbus Group


• Air France KLM Engineering & Maintenance


• Air Works


• Delta TechOps


• HAECO


• Honeywell International


• GMF AeroAsia


• Jet Maintenance Solutions


• ST Aerospace


• GE Aviation


• Rolls-Royce


• Pratt & Whitney


• Lufthansa Technik


• Safran Aircraft Engines

Aircraft Airframe MRO Industry Developments

For Instance, February 2021 SIA Engineering Company Ltd. invested in a brand-new subdivision called Engine Services Division to research, develop, and assist in advanced aircraft engine servicing, repairs, wing testing, and so forth. Modern MRO companies are using artificial intelligence, drones, and robots to reduce the time required for maintenance and repairs drastically.

For Instance, December 2021 Korean Air displayed its technological advancements by using drone swarms to conduct a full-body aircraft inspection with only four drones. Therefore, the increased adoption of automation processes will positively impact the market during the forecast period.

For Instance, February 2021 GMR collaborated for the aircraft maintenance and aviation service with Airbus in India. The MoU was signed at Aero India 2021, Bengaluru. GMR group and Airbus have teamed up to enhance military and commercial aircraft services.

Aircraft Airframe MRO Market Segmentation

Aircraft airframe MRO Type Outlook

• Engine


• Component


• Line Maintenance


• Airframe


• Modifications

Aircraft airframe MRO Aircraft Type Outlook

• Narrow-body


• Wide body


• Others

Aircraft airframe MRO Aircraft Application Outlook

• Commercial Air Transport


• Business and General Aviation


• Military Aviation

Aircraft airframe MRO Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


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


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America