Report ID: SQMIG20A2328
Report ID: SQMIG20A2328
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Report ID:
SQMIG20A2328 |
Region:
Global |
Published Date: May, 2025
Pages:
191
|Tables:
91
|Figures:
72
Global Aircraft Engine MRO Market size was valued at USD 45.89 Billion in 2024 and is poised to grow from USD 49.2 Billion in 2025 to USD 85.8 Billion by 2033, growing at a CAGR of 7.2% during the forecast period (2026–2033).
The aircraft engine MRO industry is undergoing a gigantic revolution through digitalization and technology advancement. Key players in aircraft engine MRO are increasingly adopting Internet of Things (IoT)-based predictive maintenance solutions, using ultrasonic and vibration sensors to track engine performance and predict potential failures. These advanced systems track real-time data from critical components, including engine systems, bleed valves, wing flaps, and landing gear, enabling technicians to implement improved preventive maintenance techniques. Major carriers around the world are adopting artificial intelligence software packages for data modeling and simulation, revolutionizing traditional maintenance techniques with more usage of predictive analytics.
Moreover, the industry is witnessing tremendous expansion in MRO infrastructure and capacity globally. For instance, In October 2024, Safran announced that it will spend over Euro 1 billion and hire 4,000 people globally to expand its engine repair network. The expansion is aimed at doubling Safran's in-house maintenance capacity by 2028 and reduce congestion in repair shops. The investment also includes the opening of six new or expanded service centers by 2026 that will specialize in LEAP engine maintenance.
USD 64.67 Billion by 2032One of the primary drivers of the evolution of aircraft engine maintenance, repair, and overhaul (MRO) procedures is artificial intelligence (AI). Predictive maintenance with AI-based technologies reduces downtime and maximizes repair timing through the use of real-time data and machine learning to predict possible faults. Rolls-Royce, for example, grew its "IntelligentEngine" program in February of 2025 by incorporating digital twins and artificial intelligence into its engine health monitoring. This increased predictability of service needs by enabling the organization to model wear and tear on different components. Cracks and irregularities in engine blades are also being discovered through AI-based visual inspection tools, which lowers significantly the time consumed during human inspections. For airlines worldwide, all these enhance reliability, reduce costs, and accelerate turnaround times.
Market snapshot - 2026-2033
Global Market Size
USD 42.81 billion
Largest Segment
Commercial Aviation
Fastest Growth
Military Aviation
Growth Rate
4.6% CAGR
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Global aircraft engine MRO market is segmented by offering, engine type, component, service provider, aircraft type, and region. Based on offering, the market is segmented into software, and services. Based on engine type, the market is segmented into piston engine, and turbo engine. Based on component, the market is segmented into compressor, combustor, nozzle, fan blades, sensors, turboprop, actuators, and others. Based on service provider, the market is segmented into original equipment manufacturers, third-party MROs and military-specialized providers. Based on aircraft type, the market includes commercial aircraft, military aircraft, business jets, and helicopters. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
As per the 2024 global aircraft engine MRO market analysis, the market is dominated by the turbine engine segment, accounting for approximately 99.6% market share due to the extensive usage of turbine engines across commercial, military, and general aviation use. This segment has three broad sub-segments: turbofan engines, which are employed mainly in commercial airplanes; turboprop engines, which are employed mostly in regional and military transport planes; and turboshaft engines, which are employed mainly in helicopters and some military planes. The leadership of the segment is bolstered by the increasing complexity of turbine engine MRO needs, stringent safety regulations, and the growing fleet of turbine-powered aircraft.
The piston engine market, although a smaller share market, is a substantial niche category in the aircraft engine MRO market, particularly in training planes and general aviation. This sector primarily caters to small planes used by flying schools, private aviation, and agricultural applications. Piston engines have their maintenance requirements extremely dissimilar to turbine engines and require specialized skills in the forms of cylinder service, valve timing, and magneto setting.
Based on the global aircraft engine MRO market forecast, the commercial aviation category dominates most of the aircraft engine MRO market, with approximately 77% of the total market share. This enormous market share is due to the immense growth in passenger traffic and the implementation of new emissions regulations, which has led to a high demand for new-generation aircraft engine overhauls. Large airlines worldwide are investing heavily in fleet renewal programs and engine overhaul to achieve operational efficiency and regulatory compliance. The segment's growth is also underpinned by the rapid recovery in demand for narrow-body aircraft, which is outpacing wide-body aircraft, particularly as domestic travel continues to exhibit strong recovery trends. Additionally, increasing focus on fuel efficiency and environmental regulations has prompted airlines to invest in regular maintenance and upgrading of engine systems.
The military aviation segment is emerging as the fastest-growing segment in the aircraft engine MRO market, which is expected to increase by about 9% from 2025-2032. These powerful growth drivers are primarily due to the greater complexity in engines and the expanding number of military aircraft that must be constantly maintained regardless of their present operational status. Defense agencies around the world are investing heavily in maintaining their heavy aircraft fleets, particularly for multi-mission purposes ranging from combat missions to humanitarian missions.
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North America is a mature aircraft engine MRO market, driven by the presence of major airlines, MRO service providers, and original equipment manufacturers. The region is abundant with advanced technological infrastructure, stringent aviation security regulations, and a high inventory of commercial and military aircraft. Both the United States and Canada have been significant markets, with big, certified repair facilities and experienced professionals driving the industry's growth.
The United States dominates the North American aircraft engine MRO market with a market share of approximately 81% in 2024. Its leadership is supported by the availability of major MRO service providers, extensive military aircraft fleets, and high commercial air traffic operations. The US market is supported through highly advanced technological abilities, particularly predictive maintenance and artificial intelligence solutions. The presence of huge players like General Electric, Pratt & Whitney, and other leading maintenance players also makes the nation powerful in the market.
Through targeted investment in innovation and infrastructure, Canada extends its reach in the aircraft engine MRO market. Expansion of service capabilities in next-generation engines, specifically for narrow-body planes, was the priority area of Canadian MRO providers during 2024. It is more competitive in the region because of the robust aerospace ecosystem backed by government collaboration and highly competent workforce.
Europe is a large aircraft engine MRO market with a well-established presence of recognized aerospace manufacturing and maintenance organizations. Europe's market is supported by countries like France, Germany, the United Kingdom, and Russia, all having a bearing on the overall market. Dominance of major airlines and their maintenance subsidiaries and stringent aviation safety regulations require high-quality MRO services across the region.
France dominates the European market, capturing around 25% of the region's aircraft engine MRO market size in 2024. Its dominance is driven by the presence of large aerospace players and MRO service providers such as Safran and Air France Industries KLM Engineering & Maintenance. France's rich technological facilities, high-skilled labor force, and strategic position as a prime aviation hub are factors that make it dominate the region's market.
Russia is the most rapidly growing European market with a predicted CAGR of approximately 8% during projection period. Growth in domestic air activity is propelling the nation, along with government initiatives to develop domestic MRO capacity, along with ongoing fleet modernization of civilian and military aircraft. While many challenges arise in the path, Russia continues to invest in the development of its MRO infrastructure and capacity.
With an emphasis on sustainability and long-standing companies, the UK continues to be a major center for aircraft engine MRO activities in Europe. Firms started investing in AI-based diagnostic gear and low-emission engine repair throughout 2024. Aerospace clusters within the nation encourage innovation and exportation opportunities in repairing commercial aircraft, specifically Derby and Bristol regions.
The Asia-Pacific is a dynamic aircraft engine MRO market, with rapid growth in the aviation sector and increasing demand for maintenance. South Korea, India, Japan, and South Korea are some of the key drivers of the market, each possessing its own strengths and capabilities. The region benefits from increasing air travel, expanding commercial aircraft fleets, and increasing investments in MRO facilities.
Through local capacity investment and cooperation with international OEMs, South Korea is establishing itself as a leading global participant in the aviation engine MRO market. To support its increasing aviation industry, the country expanded its commercial and military engine maintenance in 2024. Rising demand for domestic MRO capacity is one aspect of a government focus to upgrade defense planes.
Japan's robust airline network and high-tech manufacturing base support the country's aircraft engine MRO sector. Major Japanese carriers started building in-house engine maintenance capabilities within 2024 while working in partnership with local MRO suppliers. The nation's emphasis on safety, engineering precision, and technology implementation drives intense standards for maintenance services.
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Modernizing the Fleet and Expanding Air Travel
Awareness Regarding Emissions Standards and Fuel Economy
Shortages of Parts and Disruptions in the Supply Chain
Lack of Skilled Workers
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The aircraft engine MRO market consists of OEMs, standalone MRO vendors, and airline-affiliated maintenance shops. To broaden their lines of service, large firms desire to expand their global reach, invest in cutting-edge technology, and build strategic alliances. For example, Safran is spending more than Euro 1 billion to grow its engine overhaul network with a target to nearly quadruple its in-house overhaul capacity by 2028, while GE Aerospace is making cost controls and pricing adjustments to reduce the impact of tariffs.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global aircraft engine MRO market is projected to increase at a fast pace owing to reasons such as fleet growth, technological developments, and greater focus on effectiveness in operation. Although the industry is facing recurring issues like shortages of workforce and supply chain disruptions, digital technology and predictive maintenance create opportunities for improved service delivery. With new entrants bringing innovative solutions and major competitors ramping up their capabilities, the competitive landscape is shifting. The market will have a significant role in maintaining the safety, reliability, and efficiency of aircraft operations around the globe as the aviation industry continues to recover and expand.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 45.89 Billion |
| Market size value in 2033 | USD 85.8 Billion |
| Growth Rate | 7.2% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Aircraft Engine MRO Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Aircraft Engine MRO Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Aircraft Engine MRO Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
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