The global aircraft component MRO market size is expected to gain momentum owing to the increasing demand for commercial airlines during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Aircraft Component MRO Market, 2022-2029.” The rising demand for aircraft service and commercial aviation in countries such as India and China is expected to boost the market. Moreover, governments are currently pursuing a variety of holistic measures to guarantee that enough space is available for MRO at airport terminals around the country, which might boost commercial aircraft MRO operations during the predicted period.

The report uncovers following points:

  • Renowned insights into the industry
  • Important data with in-depth research
  • Factors exhibiting market growth
  • A comprehensive study about main regions
  • COVID-19 impact on the market
  • Prime developments in the industry

Get A Request Sample PDF Brochure:


By aircraft type, the market is segmented into wide-body aircraft, narrow-body aircraft, and regional transport aircraft. On the basis of components, the market is segregated into fuselage, empennage, landing gear, wings, engine, and others. On the basis of application, the market is fragmented into commercial air transport, business & general aviation, and military aviation. Finally, by geography, the market is divided into North America, Europe, Asia Pacific, and the Rest of the World.

Drivers & Restraints-

Increasing Technological Advancement to Stimulate Growth

The global aircraft component MRO market growth is expected to grow due to the increasing technology during the projected period. Data-driven technology, such as big data, aid in the real-time monitoring of aircraft MRO operations, hence improving the crew and customer air travel experience. Furthermore, sophisticated technologies such as artificial intelligence (AI) and machine learning (ML) assist flight crews and administration in determining the airplane’s airframe.


Presence of prominent Players to Promote Growth in North America

North America is expected to hold the largest global aircraft component MRO market share during the forecast period. This is due to the presence of key players and is expected to drive the market forward in the region.

Asia Pacific is expected to have a sizable share of the market. The increasing demand for new narrow-body aircraft, which will increase the demand for MRO services in countries such as China, Japan, India, and South Korea, has contributed to the region’s market growth.

Competitive Landscape-

Increasing Number of Mergers to Create Opportunities for Market Growth

The study provides a thorough analysis of the following main companies in the market, including their competitive landscape, capacity, mergers, and acquisitions. The report examines the key international competitors in the market. The adoption of creative promotional strategies and appealing pricing offerings may assist companies in the aircraft component MRO maintain competition.

Get A Customized PDF Brochure:

COVID-19 Impact-

Government Restrictions to Hamper the Market

The ongoing COVID-19 epidemic has triggered a full-fledged crisis, with travel restrictions and airline cancellations imposed around the world in an effort to halt the virus’s spread. The aircraft component MRO industry is struggling to stay afloat, owing to a drop in traffic and revenue.

Industry Development-

October 2020: RUAG Australia signed a contract with the U.S. Navy for repair, maintenance, and services for Seahawk helicopter MH-60R. This contract is providing component MRO services to improve the life of Seahawk helicopters.

List of Key Players Profiled in the Global Market for Aircraft Component MRO:

  • Air France Industries KLM Engineering & Maintenance (France)
  • AAR Corp. (The U.S.)
  • Branes Aerospace (The U.S.)
  • Delta TechOps (The U.S.)
  • FL Technics (Lithuania)
  • HAECO (Japan)
  • Honeywell International (The U.S.)

More Related Links:

Aircraft Seating Market Analysis

Aircraft Seating Market Opportunities

Aircraft Seating Market Trends

Aircraft Seating Market Size

Aircraft Seating Market Share

Aircraft Seating Market Growth

Aircraft Seating Market Forecast


About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.


Fortune Business Insights Pvt. Ltd.

9th Floor, Icon Tower, Baner,

Mahalunge Road, Baner, Pune – 411045,

Maharashtra, India.


US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email[email protected]

Follow Us: LinkedInFacebook | Twitter

By Emelia Murison

Emelia Murison is a freelance writer and editor with a passion for innovation and technology. She covers breaking industry news, #SpaceForGood, and product reviews for the group. She also provides copywriting services to startups around the world – one of which introduced her to the world of Aerospace.