Asia Pacific Aircraft MRO Market Size and Forecast (2021 - 2031), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Engine MRO, Avionics MRO, Airframe MRO, Cabin MRO, Landing Gear MRO, and Other Components), Aircraft Ty
Description
The Asia Pacific aircraft Maintenance, Repair, and Overhaul (MRO) market is projected to grow significantly, reaching approximately US$ 59,886.93 million by 2031, up from US$ 31,657.62 million in 2024. This growth represents a compound annual growth rate (CAGR) of 9.9% from 2025 to 2031, indicating a robust expansion in the aviation sector within the region.
Executive Summary and Market Analysis
As per various aviation industry reports, the Asia Pacific region had around 8,400 operational commercial aircraft in 2025, with expectations to increase this number to about 12,400 by 2035. The narrow-body aircraft segment is particularly noteworthy, with over 5,800 units in operation in 2025, projected to rise to approximately 8,948 by 2035. Additionally, the wide-body aircraft fleet, which numbered around 1,854 in 2025, is expected to grow to about 2,302 by 2034. The aviation industry plays a crucial role in the social and economic development of the region.
According to Boeing's Aviation Market Forecast, the Asia Pacific region will require an additional 16,930 aircraft by 2037 to meet the increasing demand from travelers, with the region anticipated to account for around 40% of future aircraft production. The International Air Transport Association (IATA) estimates that by 2036, approximately 2.1 billion travelers will be flying, particularly highlighting the surge in air travel in China.
The influx of international travelers to countries like India, China, Japan, and Taiwan has led to increased imports of advanced commercial aircraft. The growing number of airports and enhanced regional flight connectivity among Asian nations are driving the demand for aircraft MRO services, which are essential for ensuring safe operations. To meet these demands, both new and established players in the market are innovating and expanding their service offerings, contributing to market growth.
Countries such as Singapore, Malaysia, and Thailand are experiencing economic growth, prompting key market players to enhance their capabilities in Southeast Asia. For instance, in September 2023, Pratt & Whitney announced plans to expand its Singapore engine center, Eagle Services Asia (ESA), increasing its capacity by two-thirds.
Market Segmentation Analysis
The Asia Pacific aircraft MRO market can be segmented based on components, aircraft types, and end users.
The rapid growth of the aviation industry in recent years has significantly increased the demand for MRO services. Emerging economies in the Asia Pacific region are focusing on expanding MRO services for both commercial and military aircraft. Major players in the aircraft MRO sector include Guangzhou Aircraft Maintenance Engineering Co., Ltd. (GAMECO) in China, MTU Maintenance, and ExecuJet Haite Aviation Services in China. Factors such as heavy investment in aviation infrastructure, economic growth, and a rising number of passengers are driving the adoption of aircraft maintenance services.
The increasing middle-class population in countries like China, Singapore, and India is a key driver of air travel growth, which in turn boosts the demand for MRO services. Singapore, in particular, stands out as a leading MRO hub in the region, hosting around 120 aerospace companies, which collectively account for a significant portion of the APAC MRO market.
Recent developments in the industry include SR Technics being selected by Air India for long-term maintenance support of its CFM56 engine fleet, and Safran Electronics & Defense expanding its operations in India with new facilities. Additionally, Pratt & Whitney and Mitsubishi Heavy Industries announced a new GTF MRO facility in Japan, further enhancing the region's MRO capabilities.
Country Insights
The Asia Pacific aircraft MRO market includes key countries such as Australia, China, India, Japan, South Korea, and others. China is expected to hold the largest market share in 2024, driven by a booming commercial aviation sector that presents new opportunities for airlines. The demand for modern aircraft is leading to increased orders, and MRO activities are gradually shifting towards Asia as India and China establish themselves as significant MRO centers.
In September 2023, Rolls-Royce announced the construction of a joint venture MRO facility in Beijing with Air China, expected to enhance its service capabilities in the region. China’s substantial investment in its defense forces also contributes to the rising demand for MRO services, as the country seeks to maintain its military aircraft fleets.
Company Profiles
Key players in the Asia Pacific aircraft MRO market include AAR CORP, Barnes Group Inc, GE Aerospace, FLTechnics, Turkish Technic, Singapore Technologies Engineering, Lufthansa Technik, Delta TechOps, Rolls-Royce Holdings, and Collins Aerospace. These companies are employing various strategies such as expansion, product innovation, and mergers and acquisitions to enhance their market presence and offer innovative solutions to their customers.
Executive Summary and Market Analysis
As per various aviation industry reports, the Asia Pacific region had around 8,400 operational commercial aircraft in 2025, with expectations to increase this number to about 12,400 by 2035. The narrow-body aircraft segment is particularly noteworthy, with over 5,800 units in operation in 2025, projected to rise to approximately 8,948 by 2035. Additionally, the wide-body aircraft fleet, which numbered around 1,854 in 2025, is expected to grow to about 2,302 by 2034. The aviation industry plays a crucial role in the social and economic development of the region.
According to Boeing's Aviation Market Forecast, the Asia Pacific region will require an additional 16,930 aircraft by 2037 to meet the increasing demand from travelers, with the region anticipated to account for around 40% of future aircraft production. The International Air Transport Association (IATA) estimates that by 2036, approximately 2.1 billion travelers will be flying, particularly highlighting the surge in air travel in China.
The influx of international travelers to countries like India, China, Japan, and Taiwan has led to increased imports of advanced commercial aircraft. The growing number of airports and enhanced regional flight connectivity among Asian nations are driving the demand for aircraft MRO services, which are essential for ensuring safe operations. To meet these demands, both new and established players in the market are innovating and expanding their service offerings, contributing to market growth.
Countries such as Singapore, Malaysia, and Thailand are experiencing economic growth, prompting key market players to enhance their capabilities in Southeast Asia. For instance, in September 2023, Pratt & Whitney announced plans to expand its Singapore engine center, Eagle Services Asia (ESA), increasing its capacity by two-thirds.
Market Segmentation Analysis
The Asia Pacific aircraft MRO market can be segmented based on components, aircraft types, and end users.
- By Component: The market is divided into engine MRO, avionics MRO, airframe MRO, cabin MRO, landing gear MRO, and others. The engine MRO segment is expected to hold the largest market share in 2024.
- By Aircraft Type: The market is categorized into fixed-wing and rotary-wing aircraft, with fixed-wing aircraft dominating the market share in 2024.
- By End Users: The market is split into commercial and military segments, with the commercial segment holding a larger share in 2024.
The rapid growth of the aviation industry in recent years has significantly increased the demand for MRO services. Emerging economies in the Asia Pacific region are focusing on expanding MRO services for both commercial and military aircraft. Major players in the aircraft MRO sector include Guangzhou Aircraft Maintenance Engineering Co., Ltd. (GAMECO) in China, MTU Maintenance, and ExecuJet Haite Aviation Services in China. Factors such as heavy investment in aviation infrastructure, economic growth, and a rising number of passengers are driving the adoption of aircraft maintenance services.
The increasing middle-class population in countries like China, Singapore, and India is a key driver of air travel growth, which in turn boosts the demand for MRO services. Singapore, in particular, stands out as a leading MRO hub in the region, hosting around 120 aerospace companies, which collectively account for a significant portion of the APAC MRO market.
Recent developments in the industry include SR Technics being selected by Air India for long-term maintenance support of its CFM56 engine fleet, and Safran Electronics & Defense expanding its operations in India with new facilities. Additionally, Pratt & Whitney and Mitsubishi Heavy Industries announced a new GTF MRO facility in Japan, further enhancing the region's MRO capabilities.
Country Insights
The Asia Pacific aircraft MRO market includes key countries such as Australia, China, India, Japan, South Korea, and others. China is expected to hold the largest market share in 2024, driven by a booming commercial aviation sector that presents new opportunities for airlines. The demand for modern aircraft is leading to increased orders, and MRO activities are gradually shifting towards Asia as India and China establish themselves as significant MRO centers.
In September 2023, Rolls-Royce announced the construction of a joint venture MRO facility in Beijing with Air China, expected to enhance its service capabilities in the region. China’s substantial investment in its defense forces also contributes to the rising demand for MRO services, as the country seeks to maintain its military aircraft fleets.
Company Profiles
Key players in the Asia Pacific aircraft MRO market include AAR CORP, Barnes Group Inc, GE Aerospace, FLTechnics, Turkish Technic, Singapore Technologies Engineering, Lufthansa Technik, Delta TechOps, Rolls-Royce Holdings, and Collins Aerospace. These companies are employing various strategies such as expansion, product innovation, and mergers and acquisitions to enhance their market presence and offer innovative solutions to their customers.
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