Global Commercial Aircraft MRO Market 2019-2023

Global Commercial Aircraft MRO Market 2019-2023

About this market

The advent of IoT enabled jet engines is likely to drive growth in the market. IoT is an emerging concept that facilitates many connected things to collect and share data about usage patterns and the work environment, thereby forming a network between unanimated objects and their users. Technavio’s analysts have predicted that the commercial aircraft MRO market will register a CAGR of more than 4% by 2023.

Market Overview

Adoption of predictive maintenance tools

Since the advent of commercial aviation, airline have been focused on deploying operational aircraft with increased fuel efficiency and lower operational costs.

Scarcity of skilled labors

The advent of predictive maintenance has flooded the MRO industry with a flurry of problems, both technological and manpower related. This has affected the market growth of the commercial aircraft MRO market.

For the detailed list of factors that will drive and challenge the growth of the commercial aircraft MRO market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including AAR and Hong Kong Aircraft Engineering Company the competitive environment is quite intense. Factors such as the advent of IoT enabled jet engines and the adoption of predictive maintenance tools, will provide considerable growth opportunities to commercial aircraft MRO manufactures. AAR, Hong Kong Aircraft Engineering Company, Lufthansa Technik, MTU AERO ENGINES, and Singapore Technologies Engineering are some of the major companies covered in this report.

‘With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify latest growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.’


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global aircraft MRO market
      • Table Segments of global aircraft MRO market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by type
    • Table Type - Market share 2018-2023 (%)
    • Comparison by type
      • Table Comparison by type
    • Engine - Market size and forecast 2018-2023
      • Table Engine - Market size and forecast 2018-2023 ($ billions)
      • Table Engine - Year-over-year growth 2019-2023 (%)
    • Airframe - Market size and forecast 2018-2023
      • Table Airframe - Market size and forecast 2018-2023 ($ billions)
      • Table Airframe - Year-over-year growth 2019-2023 (%)
    • Component - Market size and forecast 2018-2023
      • Table Component - Market size and forecast 2018-2023 ($ billions)
      • Table Component - Year-over-year growth 2019-2023 (%)
    • Line - Market size and forecast 2018-2023
      • Table Line - Market size and forecast 2018-2023 ($ billions)
      • Table Line - Year-over-year growth 2019-2023 (%)
    • Market opportunity by type
      • Table Market opportunity by type
  • Customer landscape
    • Table Customer Landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ billions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
      • Table Segmentation of commercial aircraft MRO market in EMEA 2018 and 2023 (% share)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ billions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
      • Table Segmentation of commercial aircraft MRO market in Americas 2018 and 2023 (% share)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
      • Table Segmentation of commercial aircraft MRO market in APAC 2018 and 2023 (% share)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Increased service life of aircraft
    • Scrap part replacement gaining prominence
    • Launch of aviation-friendly government initiatives
    • Introduction of 3D printing technology
    • Advancements in hybrid-electric jet engine technologies
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AAR
      • Table AAR - Vendor overview
      • Table AAR - Business segments
      • Table AAR - Organizational developments
      • Table AAR - Key offerings
    • Hong Kong Aircraft Engineering Company
      • Table Hong Kong Aircraft Engineering Company - Vendor overview
      • Table Hong Kong Aircraft Engineering Company - Business segments
      • Table Hong Kong Aircraft Engineering Company - Organizational developments
      • Table Hong Kong Aircraft Engineering Company - Segment focus
      • Table Hong Kong Aircraft Engineering Company - Key offerings
    • Lufthansa Technik
      • Table Lufthansa Technik - Vendor overview
      • Table Lufthansa Technik - Product segments
      • Table Lufthansa Technik - Organizational developments
      • Table Lufthansa Technik - Key offerings
    • MTU AERO ENGINES
      • Table MTU AERO ENGINES - Vendor overview
      • Table MTU AERO ENGINES - Business segments
      • Table MTU AERO ENGINES - Organizational developments
      • Table MTU AERO ENGINES - Geographic focus
      • Table MTU AERO ENGINES - Segment focus
      • Table MTU AERO ENGINES - Key offerings
    • Singapore Technologies Engineering
      • Table Singapore Technologies Engineering - Vendor overview
      • Table Singapore Technologies Engineering - Business segments
      • Table Singapore Technologies Engineering - Organizational developments
      • Table Singapore Technologies Engineering - Geographic focus
      • Table Singapore Technologies Engineering - Segment focus
      • Table Singapore Technologies Engineering - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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