Narrow-body Aircraft MRO

Global Narrow-body Aircraft MRO Market to Reach US$35.8 Billion by 2030

The global market for Narrow-body Aircraft MRO estimated at US$28.7 Billion in the year 2024, is expected to reach US$35.8 Billion by 2030, growing at a CAGR of 3.8% over the analysis period 2024-2030. Fixed Wing Aircraft, one of the segments analyzed in the report, is expected to record a 4.0% CAGR and reach US$27.0 Billion by the end of the analysis period. Growth in the Rotary Wing Aircraft segment is estimated at 3.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$7.7 Billion While China is Forecast to Grow at 7.2% CAGR

The Narrow-body Aircraft MRO market in the U.S. is estimated at US$7.7 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.6 Billion by the year 2030 trailing a CAGR of 7.2% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.2% and 2.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.0% CAGR.

Narrow-body Aircraft MRO - Key Trends and Drivers

Narrow-body aircraft Maintenance, Repair, and Overhaul (MRO) is a crucial sector in the aviation industry, focusing on the upkeep and refurbishment of single-aisle aircraft used primarily for short to medium-haul flights. These aircraft, including popular models such as the Boeing 737 and Airbus A320 families, form the backbone of many airlines` fleets due to their efficiency and versatility. MRO activities for narrow-body aircraft encompass a wide range of services, from routine line maintenance and detailed inspections to major overhauls and component repairs. Given their frequent use and high cycle rates, maintaining the airworthiness and reliability of these aircraft is essential for operational efficiency and passenger safety. MRO providers employ advanced diagnostic tools and techniques to ensure these aircraft meet stringent regulatory standards and perform optimally.

Technological advancements are significantly enhancing the narrow-body aircraft MRO sector. The integration of predictive maintenance technologies, such as data analytics and machine learning, enables the proactive identification of potential issues before they lead to unscheduled downtime. Advanced software systems monitor aircraft health in real-time, allowing for timely maintenance actions that minimize disruptions. Additionally, the adoption of new materials and manufacturing techniques, such as 3D printing, has revolutionized the production of spare parts, making it faster and more cost-effective. These technologies not only improve the efficiency and accuracy of maintenance processes but also extend the operational lifespan of aircraft components. The use of digital twins and augmented reality (AR) tools further enhances maintenance precision, providing technicians with detailed virtual models and real-time guidance, thereby increasing the quality and speed of repairs.

The growth in the narrow-body aircraft MRO market is driven by several factors. Firstly, the expanding global air travel market, particularly the rise of low-cost carriers, is increasing the number of narrow-body aircraft in service, thereby boosting demand for MRO services. Secondly, the aging fleets of narrow-body aircraft necessitate more frequent and comprehensive maintenance to ensure continued safety and efficiency. Thirdly, regulatory requirements that mandate regular and rigorous maintenance checks for these aircraft are reinforcing the need for specialized MRO services. Additionally, technological advancements that enhance maintenance efficiency and reduce operational costs are encouraging airlines to invest in thorough and timely MRO activities. As airlines strive to maximize the operational lifespan and reliability of their narrow-body fleets, the MRO market is expected to experience robust growth, driven by continuous innovation and the increasing complexity of modern aircraft systems.

SCOPE OF STUDY:

The report analyzes the Narrow-body Aircraft MRO market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Aircraft Type (Fixed Wing Aircraft, Rotary Wing Aircraft); MRO Type (Engine MRO, Components MRO, Line Maintenance MRO, Airframe MRO, Other MRO Types); End-Use (Commercial Aviation End-Use, Military Aviation End-Use, Other End-Uses)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 25 Featured) -

• AAR Corporation
• Adani Defence and Aerospace
• Air Works India (Engineering) Private Limited
• Ascent Aviation Services
• FL Technics
• Honeywell International, Inc.
• Hong Kong Aircraft Engineering Company Limited
• Jet Midwest, Inc.
• KLM UK Engineering Ltd.
• Lufthansa Technik AG
• MTU Aero Engines AG
• Pratt & Whitney
• PT GMF Aeroasia TBK
• Singapore Technologies Engineering Ltd, (ST Engineering)
• Vallair Solutions SARL

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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