Aircraft Engine Maintenance, Repair, And Overhaul (MRO) Market

By Engine Type;

Turbine Engine, Turboprop, Turbofan, Turboshaft and Piston Engine

By Service Type;

Engine Overhaul and Airframe Maintenance

By Component;

Compressor, Combustor, Nozzle, Fan Blades, Sensors, Actuators, and Others

By Application;

Commercial Aviation, Military Aviation, and General Aviation

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn576880036 Published Date: August, 2025

Introduction

Global Aircraft Engine MRO Market (USD Million), 2021 - 2031

In the year 2024, the Global Aircraft Engine MRO Market was valued at USD 26,134.29 million. The size of this market is expected to increase to USD 38,524.38 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.7%.


Aircraft Engine Maintenance, Repair, And Overhaul (MRO) Market

*Market size in USD million

CAGR 5.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.7 %
Market Size (2024)USD 26,134.29 Million
Market Size (2031)USD 38,524.38 Million
Market ConcentrationMedium
Report Pages301
26,134.29
2024
38,524.38
2031

Major Players

  • GE Aviation
  • Rolls-Royce plc
  • Pratt & Whitney
  • Lufthansa Technik AG
  • MTU Aero Engines AG
  • SIA Engineering Company
  • AFI KLM E&M
  • ST Engineering Aerospace
  • Honeywell Aerospace
  • StandardAero

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Aircraft Engine Maintenance, Repair, And Overhaul (MRO) Market

Fragmented - Highly competitive market without dominant players


The global Aircraft Engine Maintenance, Repair, and Overhaul (MRO) market play a critical role in ensuring the safety, reliability, and efficiency of aircraft engines worldwide. With the aviation industry experiencing steady growth, driven by increasing air travel demand and fleet expansion, the demand for MRO services continues to rise. Aircraft engine MRO encompasses a wide range of activities, including inspection, repair, and overhaul, aimed at maintaining the airworthiness and performance of engines throughout their lifecycle.

The growth of the global Aircraft Engine MRO market is propelled by several factors. Firstly, the rising global air passenger traffic, particularly in emerging economies, is driving the demand for new aircraft, consequently boosting the need for MRO services. Additionally, advancements in engine technology, such as the development of more fuel-efficient and environmentally friendly engines, necessitate specialized maintenance and overhaul expertise, further stimulating market growth.

The aging aircraft fleet in many regions, especially in developed economies, presents significant opportunities for MRO providers. As aircraft engines age, they require more frequent inspections, repairs, and overhauls to maintain optimal performance and safety standards. This trend is expected to fuel the demand for aftermarket engine maintenance services, driving the growth of the Aircraft Engine MRO market in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Engine Type
    2. Market Snapshot, By Service Type
    3. Market Snapshot, By Component
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Aircraft Engine MRO Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Air Traffic
        2. Aging Aircraft Fleet
        3. Demand for Fuel Efficiency
      2. Restraints
        1. High Maintenance Costs
        2. Regulatory Compliance
        3. Supply Chain Disruptions
      3. Opportunities
        1. Adoption of Advanced Technologies
        2. Outsourcing Trends
        3. Expansion in Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Aircraft Engine MRO Market, By Engine Type, 2021 - 2031 (USD Million)
      1. Turbine Engine
      2. Turboprop
      3. Turbofan
      4. Turboshaft
      5. Piston Engine
    2. Aircraft Engine MRO Market, By Service Type, 2021 - 2031 (USD Million)

      1. Engine Overhaul

      2. Airframe Maintenance

    3. Aircraft Engine MRO Market, By Component, 2021 - 2031 (USD Million)

      1. Compressor

      2. Combustor

      3. Nozzle

      4. Fan Blades

      5. Sensors

      6. Actuators

      7. Others

    4. Aircraft Engine MRO Market, By Application, 2021 - 2031 (USD Million)
      1. Commercial Aviation
      2. Military Aviation
      3. General Aviation
    5. Aircraft Engine MRO Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. GE Aviation
      2. Rolls-Royce plc
      3. Pratt & Whitney
      4. Lufthansa Technik AG
      5. MTU Aero Engines AG
      6. SIA Engineering Company
      7. AFI KLM E&M
      8. ST Engineering Aerospace
      9. Honeywell Aerospace
      10. StandardAero
  7. Analyst Views
  8. Future Outlook of the Market