Commercial Wide-Body and Narrow-Body Aircraft MRO Market Research Report By MRO Type (Airframe Heavy Maintenance MRO, Engine MRO, Component MRO, Line Maintenance, and Modifications MRO), by Aircraft Type (Wide-body Aircraft{B747, B777, B787, A350, A330, B767, and Others}, and Narrow-body Aircraft{B737, A320, A220, and Others}), by Service Provider (Third Party/Independent MRO, and OEM-Affiliated MRO), and By Region (North America, Europe, Asia-Pacific, Middle East and Africa, South & Central America) –Market Forecast Till 2032

Global Commercial Wide-Body and Narrow-Body Aircraft MRO Market Overview

Commercial Wide-Body and Narrow-Body Aircraft MRO Market Size was valued at USD 69,277.1 million in 2023.

 The Commercial Wide-Body and Narrow-Body Aircraft MRO Market industry is projected to grow from USD 72,800.9 Million in 2024 to USD 1,10,959.8 million by 2032, exhibiting a compound annual growth rate (CAGR) of 5.4% during the forecast period (2024- 2032).   

Wide-Body and narrow body aircraft MRO is the short for wide-body and narrow-body aircraft maintenance, repair, and overhaul. It defines the technical support services that include maintenance, repair and overhaul of large passenger aircrafts. It is for these services that maintain the fleet of wide-body airplanes for continual airworthiness, safety, and performance for commercial passenger transport.

The global wide-body and narrow-body aircraft maintenance, repair, and overhaul (MRO) industry has the following growth factors: the rapid growth of airlines, outsourcing of MRO operations, and increasing OEM focus on MRO applications. However, this growth is constrained by high costs of repairing aircrafts, highly maintained aircrafts retiring and environmental issues. However, there are prospects as commercial airplanes age, a need for improved and eco-sustainable transformation, and as the scope of MRO services intensifies in developing nations. However there are problems that still exist with regards to technology adoption and meeting the demands of sustainability.

FIGURE 1: COMMERCIAL WIDE-BODY AND NARROW-BODY AIRCRAFT MRO MARKET SIZE 2019-2032 (USD MILLION)

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

Commercial Wide-Body and Narrow-Body Aircraft MRO Market Opportunities

The Rising Age of Commercial Aircraft Fleets

Global regions are experiencing an increased age in the commercial aircraft fleets; therefore, the demand for aircraft MRO services is massive, thus holding a lot of growth potential for the wide-body and narrow-body airplane MRO market. Oliver Wyman highlighted that the global commercial aircraft fleet is today 12 years old on average, and a significant proportion of it is flying at or beyond the aircraft design service life. In its operational history, aircraft undergo routine major-intensive maintenance as they age in an effort to ensure safety of the aircraft. This includes from simple structural examinations, parts renovation up to complete reconditioning of the engine. According to IATA, the aging aircraft MRO has made estimates that the compound annual growth rate of this market is 4 per cent for the next five years. There is much focus now on this area and most airlines are also expanding far and deep in the aspects of fleet renewal and modernization. For instance, last year, the Delta Air Lines announced to invest over $1 billion into the fleet renewal programme to procure new and upgrade the current aircraft. That will mean it will generate need for MRO services from Delta and other carriers that have old aged planes. Also, the increase in retirement of the generation of aircraft, particularly the Boeing 757 and 767, requires human resource capable of managing phase out and decommissioning as well as recycling of this aircraft. Aviation Week Network has recently conducted a study that revealed that the current global aircraft recycling market is projected to expand at 6% CAGR. This has clearly called for MRO providers to expand their capability and construct more facilities and invest in technologies that would suffice the MRO requirements of such antique aircrafts.

Commercial Wide-Body and Narrow-Body Aircraft MRO Market Segment Insights

Commercial Wide-Body and Narrow-Body Aircraft MRO, MRO Type Insights

Based on MRO Type, the Commercial Wide-Body and Narrow-Body Aircraft MRO Market has been segmented into Airframe Heavy Maintenance MRO, Engine MRO, Component MRO, Line Maintenance, Modifications MRO. In the year 2023, “Engine MRO” account for the largest market share with 50.07%. The engine MRO segment is experiencing a great deal of activity as global airline traffic nears 2019 levels. This increase however has some problems. Now it is obvious that there are more requests for engine services after three slow years since the beginning of pandemic. There are many types of business that engine makers want airlines to bring their business for – large work as well as small work, such as quick turn and hospital shop work. But things are not as easy for the engine MRO providers. Some of them has been totally busy over the past year and they are struggling to find ways of dealing with all the workload.

Commercial Wide-Body and Narrow-Body Aircraft MRO, Aircraft Type Insights

Based on aircraft Type, the Commercial Wide-Body and Narrow-Body Aircraft MRO Market has been segmented into wide-body aircraft and narrow-body aircraft. Wide-body aircraft segment is further classified in . In 2023, narrow-body segment accounted for the largest market share. Narrow body aircraft category is growing rapidly and has led to a rising demand on MRO services. At present, there are 3000 small NB aircraft in service and many of them are on the process of fleet renewal in the next five to ten years. Key factors that can affect decision of introducing additional aircraft into a fleet include the aircraft economic factors, trends in demand for passengers and operation models. The E2 is the newest generation of small NB aircraft that can provide airlines with certain features and performance no other aircraft can provide. Nevertheless, the trend of traveling has not been down by the global economic downturn. Nevertheless, the conventional travel patterns are no longer the same post pandemic triggering the expansion of secondary as well as tertiary airports. This has shifted the focus in work patterns; it has forced the airlines to start looking for opportunities to fly to small city airports. Moreover, there has been more emphasis on serving the link between communities and businesses in the more out-of-the-way areas. Small NBs which can accommodate between 70-150 passengers and fly routes of up to 6 hours in length offer airlines operational flexibility to perform low density on large aircraft.

FIGURE 2: GLOBAL COMMERCIAL WIDE-BODY AND NARROW-BODY AIRCRAFT MRO MARKET, BY TECHNOLOGY, 2023 VS 2032 (USD MILLION)

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

Commercial Wide-Body and Narrow-Body Aircraft MRO Vehicle Type Insights

Based on vehicle type, the Commercial Wide-Body and Narrow-Body Aircraft MRO Market has been segmented into Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle, and Others. Passenger Cars account for the largest market share in 2023. The growth in the passenger car segment is driven by increased consumer demand for personal vehicles, combined with ongoing improvement in automotive technologies. In passenger cars, pumps are applied in a number of ways, including the supply of fuel, cooling systems, and distribution of oil. The developing trend of using electric vehicles will have an impact on the market since these cars require specialized pumps to suit the various cooling needs and fluid management involved. Also, strict regulations about fuel efficiency and emissions encourage manufacturers to develop and integrate an effective pumping solution. Growing urbanization and increasing disposable incomes will raise passenger car demand and drive the growth of the Commercial Wide-Body and Narrow-Body Aircraft MRO market further in the segment

Commercial Wide-Body and Narrow-Body Aircraft MRO, Service Provider Insights

Based on Service Provider, the Commercial Wide-Body and Narrow-Body Aircraft MRO Market has been segmented into Third Party/Independent MRO, and OEM-Affiliated MRO. In the year 2023, third party/independent MRO, account for the largest market share. The current independent MROs are therefore more careful when undertaking new capabilities or capacity in their business due to lessons learnt from covid19. The pandemic revealed the importance of maintaining cash flow as Fraser Currie, Joramco’s Chief Commercial Officer said. In the past a big investment in facilities or ‘hangars’ was one of the choices however in the current scenario it is not a feasible idea as the market is volatile and unpredictable. The same point was made by Sercan Toper, the vice president of Turkish Technic; this is still a huge investment even if the kind of operations are low-margin. This financial problem forces the independent MROs to outsource more with the OEMs and the independent MROs to develop new capabilities and offers more services. As stated by Currie, the alliances which may be described as joint ventures or strategic partnerships may lead to the desired development of the common documentation interface as well as the simplified customer service; Thus, it will be better for airlines to work with one or several MROs rather than to communicate with them individually.

Commercial Wide-Body and Narrow-Body Aircraft MRO Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East and Africa and South and Central America. North America consists of the U.S, Canada, and Mexico.

It is expected that the Asia-Pacific commercial aviation industry will post significant progress in the near future. This growth is mainly driven by the high demand for new narrow-body planes, which will also help to increase MRO services. At present the Asia-Pacific accounts for one-third of the world’s commercial aircraft usage and the aircraft usage in this region is projected to increase to over 13 000 aircraft by 2031. It is also important to point out that with an estimated airline fleet currently more than one-third of other regional airliners it is predicted to grow. This has also led to raising the average age of planes in the Asia-Pacific region of 18-24 years as lease deals for airlines are also extended and this also drives MRO demand.

Looking at the large fleets and the future business prospective of the aviation industry in the particular region the key players in the MRO market are interested in entering the market in order to capitalize on the opportunities that are available. This trend is expected to support the Asia-Pacific’s MRO market development in the future. On the other hand, the greater part of the top world engine manufacturing companies are still willing to invest in the largest and crucial markets in Asia since these markets offer more strategic, market, and geographic advantages. Likewise, the French aircraft engine manufacturer Safran has also disclosed its strategy to bring between USD 100 million to USD 200 million to establish the biggest MRO hub in Hyderabad, India. The facility will have the capacity to conduct approximately 300 engine shop visits per year and will center mainly on the CFM56, Leap 1A and Leap 1B engines common in India.

FIGURE 3: COMMERCIAL WIDE-BODY AND NARROW-BODY AIRCRAFT MRO MARKET SIZE BY REGION 2023 VS 2032

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

Further, the major countries studied in the market report are the U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, China, Japan, and India.

Commercial Wide-Body and Narrow-Body Aircraft MRO Key Market Players & Competitive Insights

Companies in the Commercial Wide-Body and Narrow-Body Aircraft MRO market, such as Continental AG, Valeo, Bosch, Mahle GmbH, and Rheinmetall Automotive, are adopting various growth strategies to strengthen their market share. These players are focusing on long-term collaborations with OEMs and establishing strong trade relations for long-term, ensuring a steady demand for their products in both the ICE and electric vehicle market. Additionally, they are actively involved in innovations and strategic partnerships to enhance their product offerings and align with the industry's shift toward sustainable and energy-efficient mobility.

For instance, Denso recently transferred its fuel pump module business and equity stake in KYOSAN DENSO to Aisan. This move is part of a strategy to boost their powertrain competitiveness and contribute to the development of sustainable mobility solutions. Aisan's acquisition of these assets is expected to fortify its position in the powertrain market, supporting the growing demand for efficient fuel systems.

Key Companies in the Commercial Wide-Body and Narrow-Body Aircraft MRO Market include :

• Hong Kong Aircraft Engineering Company Ltd. (HAECO)


• SIA Engineering Company (SIAEC)


• Singapore Technologies Engineering Ltd.


• GMF Aeroasia


• Standardaero


• Guangzhou Aircraft Maintenance Engineering Company Ltd (GAMECO)


• ARR Corp.


• Delta Techops


• Aviation Technical Services


• Emirates Engineering


• Gulf Aircraft Engineering & Services


• Aerostructures Middle East Services (AMES)


• Ethad Engineering


• Lufthansa Technik Middle East


• Texel Air Middle East


• Other Players

Commercial Wide-Body and Narrow-Body Aircraft MRO Industry Developments

• In February 2024, ST Engineering Completes Acquisition of D’Crypt. D’Crypt, which specialises in cryptographic technology design, will augment ST Engineering’s Cyber business and its cryptographic and quantum capabilities, expanding its encryptor product offerings and enhancing its expertise in cybersecurity.


• In October 2023, StandardAero announced that it offers CFM International CFM56-7B turbofan engine test services from its DFW Center of Excellence at Dallas/Fort Worth International Airport.

Commercial Wide-Body and Narrow-Body Aircraft MRO Market Segmentation

Commercial Wide-Body and Narrow-Body Aircraft MRO, MRO Type Outlook

• Airframe Heavy Maintenance MRO


• Engine MRO


• Component MRO


• Line Maintenance


• Modifications MRO

Commercial Wide-Body and Narrow-Body Aircraft MRO Aircraft Type Outlook

• Wide-body Aircraft
  
  
  
  • B747
  
  
  • B777
  
  
  • B787
  
  
  • A350
  
  
  • A330
  
  
  • B767
  
  
  • Others
  
  
  
  


• Narrow-body Aircraft
  
  
  
  • B737
  
  
  • A320
  
  
  • A220
  
  
  • Others
  
  
  
  

Commercial Wide-Body and Narrow-Body Aircraft MRO Service Provider Outlook

• Third Party/Independent MRO


• OEM-Affiliated MRO

Commercial Wide-Body and Narrow-Body Aircraft MRO Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  • Mexico
  
  
  
  


• Europe
  
  
  
  • UK
  
  
  • Germany
  
  
  • France
  
  
  • Italy
  
  
  • Spain
  
  
  • Austria
  
  
  • Netherlands
  
  
  • Belgium
  
  
  • Sweden
  
  
  • Denmark
  
  
  • Norway
  
  
  • Poland
  
  
  • Turkey
  
  
  • Rest of Europe
  
  
  
  


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


• Middle East & Africa
  
  
  
  • UAE
  
  
  • Saudi Arabia
  
  
  • South Africa
  
  
  • Qatar
  
  
  • Kuwait
  
  
  • Egypt
  
  
  • Israel
  
  
  • Oman
  
  
  • Jordan
  
  
  • Bahrain
  
  
  • Rest of Middle East & Africa
  
  
  
  


• South & Central America
  
  
  
  • Brazil
  
  
  • Argentina
  
  
  • Chile
  
  
  • Rest of South & Central America