Aircraft Component MRO Market is Forecasted to Reach US$69.0 billion by 2035, Says Stratview Research

Stratview Research 09-01-26

The global aircraft component MRO market size was valued at USD 54.4 billion in 2024, and is projected to reach USD 69.0 billion by 2035, witnessing a market growth CAGR of 2.5 % from 2025 to 2035, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global aircraft component MRO market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

https://www.stratviewresearch.com/Request-Sample/4516/aircraft-component-mro-market.html#form

Market Statistics

Market Size in 2024: US$54.4 billion

Market Size in 2035:  US$69.0 billion

Growth (CAGR): 2.5% during 2025-2035

Leading Platform Type: Military Aircraft

Leading Component Type: Wheels & Brakes

Leading Region: North America

Forecast Period: 2025-2035

Trend Period: 2019-2023

Base Year: 2024

Number of Segments Covered: 3

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Aircraft Component MRO Market:

The global aircraft component MRO market is segmented based on platform type, component type, material type and region.

Based on Platform type

  • Based on platform type, the aircraft component MRO market is segmented into civil aircraft, military aircraft, general aviation, and civil helicopters. Military aircraft currently lead the aircraft component MRO market, driven by sustained defense budgets, strict readiness requirements, and ongoing maintenance of mission-critical systems.
  • High operational stress on wheels & brakes, frequent overhauls of avionics and hydraulic assemblies, and modernization of aging fleets generate a consistent demand for component-level services.
  • Military operators prioritize short turnaround times, reliability, and operational readiness, making MRO services essential for mission assurance. Advanced maintenance strategies and specialized technical expertise further strengthen the dominance of military aviation in the component MRO industry.
  • Civil aircraft, in contrast, is poised for the fastest growth, fueled by expanding global fleets, rising low-cost carrier operations, and increasing aircraft deliveries under modernization initiatives. The adoption of predictive maintenance and IoT-enabled monitoring for critical systems, including landing gear, auxiliary power units, and electrical components, is transforming civil aviation MRO practices.
  • Airlines are investing in digital solutions to optimize lifecycle costs, reduce unscheduled removals, and extend component longevity, positioning civil aviation as the primary driver of growth in the aircraft component MRO market.

Based on the Component type -

  • Based on component type, the aircraft component MRO market is segmented into wheels & brakes, landing gear, avionics, auxiliary units, and other critical components. Wheels & brakes currently lead the aircraft component MRO market, holding a commanding position due to their frequent replacement cycles, high operational wear, and critical safety requirements across both commercial and military fleets. 
  • Regular overhauls, contamination-related failures, and strict FAA/EASA regulations drive consistent maintenance demand. Their essential role in ensuring safe take-offs and landings makes wheels & brakes one of the most intensively serviced components in aviation. Advanced maintenance techniques and specialized expertise further reinforce their dominance, securing their position as a cornerstone of component MRO services.
  • Landing gear, in contrast, is poised for the fastest growth, fueled by rising global aircraft deliveries, extensive fleet modernization programs, and higher operational utilization. Adoption of advanced materials, digital condition monitoring, and predictive maintenance technologies is accelerating demand for specialized landing gear services.
  • These initiatives enhance operational efficiency, minimize downtime, and extend component lifespan, establishing landing gear as a key growth driver in the aircraft component MRO market.

To know the most attractive segments, click here for a free sample of the report:

https://www.stratviewresearch.com/Request-Sample/4516/aircraft-component-mro-market.html#form

Which Region Shows the Most Promising Growth Forecast and Opportunity?

North America is expected to retain its dominance in the market during the forecast period.

  • North America continues to dominate the aircraft component MRO market, supported by a robust commercial and military aviation ecosystem, advanced maintenance infrastructure, and the presence of leading component manufacturers
  • Early adoption of predictive analytics, digital maintenance platforms, and innovative repair technologies strengthens operational efficiency and regulatory compliance. Comprehensive aviation safety frameworks further reinforce the region’s leadership.
  • The Asia-Pacific region is emerging as the fastest-growing market for aircraft component MRO, fueled by the rapid expansion of commercial fleets, rising passenger traffic, and substantial investments in aviation infrastructure. Growing airline operations and fleet modernization initiatives are boosting demand for localized component maintenance capabilities. Emerging economies are increasingly focusing on in-region MRO facilities to reduce turnaround times and optimize operational efficiency. 
  • The region’s growth is further supported by the adoption of advanced diagnostic tools, predictive maintenance solutions, and digital platforms, positioning Asia-Pacific as a key future driver in the global aircraft component MRO market.

Aircraft Component MRO Market Drivers:

Some of the key drivers listed in the report are given below.

  • Aircraft Component Maintenance, Repair, and Overhaul (MRO) represents a crucial segment of the aviation ecosystem, focused on preserving the reliability, performance, and safety of critical aircraft systems. This dynamic market covers maintenance and overhaul of key components such as avionics, landing gear, hydraulic systems, flight controls, wheels & brakes, fuel and electrical systems, thrust reversers, auxiliary power units, and cabin equipment.
  • Its evolution has been driven by advances in aircraft technologies, digital maintenance platforms, predictive analytics, aging fleet demands, and stringent safety regulations emphasizing operational efficiency and component reliability.
  • The increasing sophistication of modern aircraft systems demands specialized technical expertise and state-of-the-art diagnostic capabilities. Component MRO services play a vital role in maintaining airworthiness, extending component service life, and ensuring regulatory compliance while minimizing operational disruptions.
  • Market growth is accelerated by the shift toward condition-based maintenance strategies, leveraging IoT sensors, artificial intelligence, and big data analytics. These technologies enable predictive maintenance, optimize repair schedules, prevent unexpected failures, and improve overall fleet reliability, all while helping airlines manage costs and maximize operational efficiency.

Competitive Landscape: Top Companies in the Aircraft Component MRO Market:

The market exhibits moderate concentration with over 100 specialized players. Major competitors differentiate through technology innovation, component expertise, global service networks, and strategic industry partnerships. The following are the key players in the aircraft component MRO market. Several major players offer comprehensive end-to-end solutions, including both component manufacturing and specialized MRO service capabilities.

Here is the list of the Top Players (Based on Dominance)

  • Lufthansa Technik
  • Collins Aerospace (RTX Corporation)
  • Safran Landing Systems
  • AFI KLM E&M
  • Standard Aero
  • AAR Corporation
  • HAECO Americas
  • Turkish Technic

Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the market, answering critical questions like

  • How big is the sales opportunity?
  • Which regions offer the best sales opportunities?
  • Which are the most attractive market segments?
  • Which are the top players and their market positioning?
  • How complex is the business environment?
  • What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

About us –

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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