The Australia maintenance, repair, and operations (MRO) market size reached around USD 8.78 Billion in 2024. The market is projected to grow at a CAGR of 2.10% between 2025 and 2034 to reach nearly USD 10.81 Billion by 2034.
Australia Maintenance, Repair, and Operations (MRO) Market Growth
Australia has nearly 15.2 million buildings. New South Wales accounts for a share of 27.8% of all the buildings in Australia, followed closely by Victoria and Western Australia (11.8%). The Eureka Tower in Victoria (Melbourne) is Australia’s tallest residential skyscraper building. As per the Australian Bureau of Statistics, the construction of private dwellings in Australia rose by 4.8% from Q3-FY 2023 to Q4-FY 2024. This is expected to accelerate the construction of new residential skyscrapers in urban areas of the country, thereby fuelling the Australia maintenance, repair, and operations (MRO) market expansion.
The anticipated growth of Australia’s aviation industry is also expected to drive the market growth over the forecast period. Engine maintenance currently accounts for nearly 46% of the total MRO demand in Australia, which is around USD 5.7 billion. Over the forecast period, the demand for servicing aircraft components and line maintenance is expected to account for a share of 24% and 18% of the market respectively, while airframe heavy maintenance and other modifications are expected to witness a demand of nearly USD 6 million and USD 8 million, respectively. As per the Australia maintenance, repair, and operations (MRO) market analysis, there are currently over 110 known contracts for aircraft maintenance, repair, and operations in Australia, which are expected to grow with the adoption of modern technologies such as artificial intelligence.
Key Trends and Developments
The rise of smart equipment technology; growing use of digital twins; the introduction of drones; and the rising appeal for cloud-based MRO solutions are factors impacting the Australia maintenance, repair, and operations (MRO) market growth.
March 4, 2024
TP Aerospace established an additional brake and wheel maintenance and warehouse facility in Brisbane, Australia, aimed at providing exceptional services to its customers.
July 5, 2022
Greenbird AAM, a platform for collaboration between key players of AAM (Advanced Air Mobility) industry, announced that Sigma Aerospace joined its group to seek sustainable aviation fuels and revive aviation in regional parts of Australia.
January 11, 2022
Heston MRO, Australasia’s largest independent MRO, signed a purchase agreement with Jet Aviation for the acquisition of its Cairns MRO facility. This is expected to accelerate the Australia maintenance, repair, and operations (MRO) market development.
September 7, 2021
Singapore Airlines (SIA) and Heston MRO extended their MRO partnership for 3 years, which includes handling aircraft transits, local warehousing, defect rectification, and logistics support. Under the agreement, the MRO organisation intends to handle all departing and incoming Singapore Airlines passenger flights in Brisbane, Melbourne, and Perth.
Rise of smart equipment technology
As smart sensors and IoT technologies become more accessible and inexpensive, manufacturers are deploying them to track equipment performance and maintenance needs easily, thereby boosting cost savings.
Growing use of digital twins
Digital twins are used by aviation mechanics for monitoring the physical components of aircraft while it is in operation and resolving any potential problems that may arise. This is increasing the inflow of Australia maintenance, repair, and operations (MRO) market revenue.
Introduction of drones
Drones can easily access hard-to-reach spaces and even transport tools and parts to technicians. They also minimise the risk to workers’ safety during hazardous tasks.
Rising appeal for cloud-based MRO solutions
Aviation companies are expected to adopt cloud-based MRO solutions for managing maintenance schedules and ensuring secure data sharing across different teams.
Australia Maintenance, Repair, and Operations (MRO) Market Trends
As IoT technologies become increasingly accessible and affordable, companies are expected to use them to replace outdated routines for machinery maintenance. This is expected to fuel the shift towards predictive maintenance while resulting in substantial reductions in operational costs. Data-driven decision-making is expected to enhance supply chain performance and enhance the partnerships between suppliers and manufacturers, thereby driving the Australia maintenance, repair, and operations (MRO) market value.
Australia Maintenance, Repair, and Operations (MRO) Industry Segmentation
The EMR’s report titled “Australia Maintenance, Repair, and Operations (MRO) Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Provider:
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