Latest News- Commercial And Military Aircraft MRO Market: Military aircraft MRO is expected to lead the Sector segment during 2025-2029

The Commercial And Military Aircraft MRO Market is being driven by Growing demand for advanced synthetic vision avionic systems

The Commercial And Military Aircraft MRO Market is expected to grow at a CAGR of 4.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 22.06 billion. The integration of sophisticated weapons systems into both military and select commercial aircraft is significantly fueling the expansion of the global commercial and military aircraft Maintenance, Repair, and Overhaul (MRO) market. With military forces increasingly adopting advanced technologies such as precision-guided munitions, hypersonic missiles, and electronic warfare (EW) systems, the intricacy of aircraft maintenance has intensified. These advanced weapons not only augment the combat capabilities of aircraft but also necessitate specialized MRO services to maintain and repair these systems, thereby propelling the growth of the global commercial and military aircraft MRO market. For instance, the Lockheed Martin F-35 Lightning II, a highly advanced multirole stealth fighter, experienced heightened demand for MRO services in 2023 due to the incorporation of state-of-the-art weaponry, including Joint Strike Missiles and advanced radar systems. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Sector
  • Military aircraft MRO
  • Commercial aircraft MRO
• Component
  • Engine overhaul
  • Airframe maintenance
  • Line maintenance
  • Modification
  • Components
• Type
  • Large fleet
  • Small fleet
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing demand for advanced synthetic vision avionic systems
• Developments in ultrasonic inspection technologies
• Incorporation of new technologies in aircraft

However, the market also witnesses some limitations, which are as follows:

• High cost and unavailability of spare parts
• Complexities in supply chain due to growing technological advancement
• Challenges due to OEM dominance

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Market Scope in Commercial And Military Aircraft MRO Market Research Report

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Research Analysis Overview

The Commercial and Military Aircraft MRO (Maintenance, Repair, and Overhaul) market encompasses various services including engine and component overhaul, airframe repair, systems integration, avionics testing, and aircraft certification. Key aspects include maintenance records, logistics management, inventory optimization, and compliance with safety procedures and regulatory standards. MRO providers offer maintenance planning, aircraft upgrades, modification kits, repair processes, parts management, and workforce management. Cost control, warehouse management, asset management, ground support equipment, training programs, digital maintenance, remote diagnostics, and process improvement are also integral parts of the MRO market.

Market Research Overview

The global aerospace and defense industry encompasses various sectors, including commercial and general aviation, defense, arms and ammunition, defense electronics, defense logistics equipment, space platforms, and related services. Among these, the maintenance, repair, and overhaul (MRO) segment is a significant contributor to the industry's growth. This segment includes aircraft maintenance, engine overhaul, component repair, and avionics upgrades for both commercial and military aircraft. Technavio's market analysis calculates the size of the global capital goods market by aggregating the revenues of key players providing solutions in industries such as aerospace and defense, building and construction, electrical equipment, industrial conglomerates, machinery, trading companies, and distributors.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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