Global Wide Body Aircraft MRO Market to Reach USD 39.63 Billion by 2032 | CAGR of 5.1%
Category : Aerospace and Defence | Published Date : Jan 2025 | Type : Press Release
Wide Body Aircraft MRO Market Scope & Overview:
In the newly published report, Consegic Business Intelligence states that the Wide Body Aircraft MRO Market was valued at USD 26.70 billion in 2024 and is projected to grow at a CAGR of 5.1%, reaching USD 39.63 billion by 2032. Maintenance, Repair, and Overhaul (MRO) services for wide body aircraft are critical for maintaining the operational efficiency, safety, and regulatory compliance of long-haul and international commercial fleets. These services include engine maintenance, airframe repairs, component overhauls, and line maintenance, all aimed at ensuring aircraft reliability and extending operational lifespans.
The report comprises the Wide Body Aircraft MRO Market Share, Size & Industry Analysis, based on Service Type (Engine Maintenance, Airframe Maintenance, Component Maintenance, Line Maintenance, Others), Aircraft Type (Passenger Aircraft, Cargo Aircraft, Military Aircraft), End-Use (Civil, Military), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, Latin America), and Forecast, 2025-2032.
The report contains detailed information on Wide Body Aircraft MRO Market Trends, Opportunities, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profiles, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraints or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.
Segmental Analysis :
Based on service type, the market is segmented into Engine Maintenance, Airframe Maintenance, Component Maintenance, Line Maintenance, and Others.
- The Engine Maintenance segment held the largest market share in 2024, accounting for 39.5% of total revenue. This dominance is attributed to the critical need for regular engine overhauls, inspections, and part replacements to maintain fuel efficiency and safety standards.
- The Line Maintenance segment is projected to grow at the fastest CAGR due to its role in providing real-time, on-ground services for routine checks and minor repairs, ensuring operational continuity.
Based on aircraft type, the market is segmented into Passenger Aircraft, Cargo Aircraft, and Military Aircraft.
- The Passenger Aircraft segment led the market in 2024, driven by the growing global air passenger traffic and expansion of airline fleets. Frequent operations and safety regulations require consistent MRO services to maintain passenger comfort and safety.
- The Cargo Aircraft segment is expected to grow at the fastest rate, fueled by the surge in global e-commerce and the need for reliable logistics and supply chain management.
Based on end-use, the market is segmented into Civil and Military.
- The Civil segment dominated the market in 2024, supported by the increasing demand for long-haul commercial flights and stringent safety regulations. Investments in modern fleet expansion further drive the demand for MRO services.
- The Military segment is anticipated to expand rapidly due to rising defense budgets and modernization programs aimed at enhancing military fleet reliability and mission readiness.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
- Asia-Pacific held the largest market share in 2024, valued at USD 7.86 billion, and is projected to reach USD 12.07 billion by 2032. This growth is driven by the rapid expansion of aviation sectors in China and India and government initiatives supporting fleet modernization.
- North America is expected to grow steadily, reaching USD 12.84 billion by 2032, supported by a large existing fleet and the presence of leading MRO providers.
| Report Attributes | Report Details |
| Study Timeline | 2019-2032 |
| Market Size in 2032 | USD 39.63 Billion |
| CAGR (2025-2032) | 5.1% |
| Service Type | Engine Maintenance, Airframe Maintenance, Component Maintenance, Line Maintenance, Others |
| Aircraft Type | Passenger Aircraft, Cargo Aircraft, Military Aircraft |
| End-Use | Civil, Military |
| By Region | North America(U.S., Canada, Mexico) Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe) APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific) Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA) LATAM(Brazil, Argentina, Chile, Rest of LATAM) |
Top Key Players & Competitive Landscape :
The competitive landscape encompasses major innovators, aftermarket service providers, industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in terms of their strengths, weaknesses, and value-addition potential. This report includes detailed profiles of key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging partnership trends and dynamics.
List of prominent players in the Wide Body Aircraft MRO Industry:
- Lufthansa Technik (Germany)
- Air France-KLM Engineering & Maintenance (France)
- Delta TechOps (USA)
- ST Engineering Aerospace (Singapore)
- AAR Corp. (USA)
- HAECO (Hong Kong)
- MTU Aero Engines (Germany)
- GE Aviation (USA)
- Rolls-Royce plc (UK)
Recent Industry Developments :
- May 2023: Fokker Services Group inaugurated a new wide-body hangar in the Netherlands, designed for Airbus A330, A350, Boeing 787, and 777 aircraft, featuring sustainable innovations and reducing CO₂ emissions by 75%.
- July 2024: Sanad partnered with Air Mauritius in a three-year deal for Rolls Royce Trent 700 engine MRO services, enhancing Abu Dhabi’s status as a global aviation hub.
- November 2023: Emirates and Boeing collaborated on advanced digital maintenance technologies, including drone-assisted inspections and predictive analytics, to improve operational efficiency for Emirates' wide-body fleet.
