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 complexity 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. For instance, the Lockheed Martin F-35 Lightning II, a leading multirole stealth fighter, experienced a heightened demand for MRO services in 2023 due to the integration of cutting-edge weaponry, including Joint Strike Missiles and advanced radar systems. This trend is expected to persist, driving the growth of the global commercial and military aircraft MRO market. 

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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 Maintenance, Repair, and Overhaul (MRO) market encompasses the maintenance needs of commercial aircraft for airlines, addressing technological and manpower-related challenges through advanced solutions. OEMs leverage Machine Learning, Artificial Intelligence, Robotics, Drones, Big Data, and Blockchain Technologies to enhance efficiency and reduce Time Between Overhauls. Rapid urbanization, increasing air traffic volumes, and aircraft utilization fuel the demand for air travel, necessitating a robust MRO industry. Aircraft production and workforce supply, influenced by labor force costs and the need for an experienced workforce, shape the market dynamics. The Engine overhaul segment, including Engine MRO, Field maintenance, and Depot maintenance, remains a significant focus area.

Market Research Overview

The Commercial and Military Aircraft Maintenance, Repair, and Overhaul (MRO) market is a significant segment of the global aerospace and defense industry. This market caters to the maintenance needs of commercial and military aircraft, which are crucial for ensuring operational readiness and safety. Technavio, a leading market research firm, estimates the global capital goods market size, which includes the revenue generated by manufacturers and providers for industries such as aerospace and defense, including MRO activities. Technological problems and manpower-related challenges are key issues in the commercial aircraft MRO sector, necessitating the adoption of advanced solutions like machine learning to optimize maintenance processes and enhance efficiency.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/