The air transport MRO market size has demonstrated considerable growth over recent years, growing from a substantial $88.11 billion in 2024 to an anticipated $93.41 billion in 2025, an impressive compound annual growth rate (CAGR) of 6.0%. Various factors have contributed to this growth during the historic period, including economic cycles, heightened market demand, increased emphasis on safety and risk mitigation, the trending practice of outsourcing and efficient cost management, advancements in MRO technology, and evolving regulatory standards.
Over the forecast period, the air transport MRO market size is predicted to undergo continued robust growth to reach $117.52 billion in 2029 with a consistent CAGR of 5.9%. This growth is believed to be stimulated by factors such as increasing emphasis on supply chain resilience, alterations in global regulatory practices, adoption of environmentally friendly MRO procedures, and market shifts spurred by the effects of COVID-19. Key trends to watch out for over the forecast period include a growing focus on sustainability, regulatory compliance, management of aging aircraft fleets, fleet size increment, and the adoption of digitalization and automation processes.
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What Are the Driving Factors for the Air Transport MRO Market?
One of the prominent drivers for the growth of the air transport MRO market is the increase in air travel. As air travel involves the utilization of a conveyance capable of sustained controlled flight for transporting passengers or cargo, MRO for air transport is crucial for bolstering flight readiness and ensuring the longevity of an aircraft’s enginery, airframe, and additional parts. For instance, in January 2024, the International Air Transport Association (IATA) reported a rise in total air travel traffic by 36.9% in 2023 compared to 2022. Likewise, in December 2023, global traffic experienced a 24.2% increase in comparison to December 2022, whereas domestic traffic grew by a notable 27.0% the previous year. Therefore, rising air travel directly impacts the growth of the aircraft ignition system market positively.
Which Segments Are Covered in the Global Air Transport MRO Market Report?
The air transport MRO market in this report is segmented as follows:
1) By Type: Engine, Line, Airframes, Other Types
2) By Service: Heavy Maintenance Inspection, Engine Service Check, Component Maintenance, Line Maintenance, Avionic Standardization, Aircraft Conversions
3) By Aircraft Type: Narrow Body Aircraft, Wide-Body Aircraft, Regional Jet, Turbo Prop, Other Aircraft Types
4) By Application: Civil Air Transport MRO, Military Air Transport MRO
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What Companies Are Leading in the Air Transport MRO Market?
Major companies leading the air transport MRO market include AAR Corp., Delta Air Lines Inc., Deutsche Lufthansa AG, John Swire & Sons Limited, Airbus SE, Collins Aerospace, Air France Industries and KLM Engineering & Maintenance, HAECO Group, MTU Aero Engines AG, British Airways, Turkish Technic Inc., General Electric Company, Iberia Líneas Aéreas de España S.A., SIA Engineering Company Limited, Bombardier Inc., Lufthansa Technik AG, Safran SA, Raytheon Technologies Corporation, Singapore Technologies Engineering Ltd., Guangzhou Aircraft Maintenance Engineering Company Limited, StandardAero, Air Works Group, AJW Group, Gama Aviation, Erickson Inc., Hong Kong Aircraft Engineering Company Limited, ST Engineering Aerospace, The Boeing Company, Rolls-Royce Holdings, Honeywell International Inc.
What Are Emerging Trends in the Air Transport MRO Market?
One substantial emerging trend is technological advancements. Key market players are placing a strong emphasis on developing innovative technologies. An example would be Jet Support Services, Inc. (JSSI) launching JSSI Maintenance Software in May 2022. The software offers an array of aircraft maintenance tracking and MRO solutions. JSSI is focused on integrating and upgrading these advanced technological solutions to provide increased value to its customers.
Which Region Registered the Highest Growth in the Air Transport MRO Market?
Asia-Pacific emerged as the largest region in the air transport MRO market in 2024. For further projections and regional analysis, the report covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
What Does The Air Transport MRO Market Report 2025 Offer?
Air transport MRO refers to maintenance procedures applied to aircraft and their parts, like landing gear and jet engines, to ensure passenger safety and streamline maintenance processes. With the Air Transport MRO Market research report from The Business Research Company, you get global market size forecasts, growth rates, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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