Global Civil Aircraft MRO market cagr 12.5%

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Civil Aircraft MRO Market

Civil Aircraft MRO Market Scope: Industry Analysis,

Market Size, Growth, Trends Till 2031

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Civil Aircraft MRO Market Size and Growth

The Civil Aircraft MRO market is witnessing robust growth, driven by increasing air traffic and aging fleets. Valued at approximately $100 billion in 2023, it is projected to expand significantly over the next decade. Market conditions are influenced by advancements in technology, regulatory changes, and rising demand for fuel-efficient aircraft services.

Companies Covered

(Covid 19 Impact Covered)

◍ Lufthansa Technik

◍ GE Aviation

◍ AFI KLM E&M

◍ ST Aerospace

◍ MTU Maintenance

◍ AAR Corp.

◍ Rolls-Royce

◍ SR Technics (Mubadala Aerospace)

◍ SIA Engineering

◍ Delta TechOps

◍ Haeco

◍ JAL Engineering

◍ Ameco Beijing

◍ TAP M&E

◍ ANA

◍ British Airways Engineering

◍ Korean Air

◍ Iberia Maintenance

The Civil Aircraft MRO market is competitive, with companies like Lufthansa Technik, GE Aviation, and RollsRoyce offering extensive maintenance services. These firms leverage advanced technology and global networks to enhance operational efficiency, improve safety, and reduce downtime. Selected companies have reported significant revenues, driving market growth through innovation and partnerships. Revenue highlights include:

- Lufthansa Technik: €7.5 billion

- GE Aviation: $24.2 billion

- AFI KLM E&M: €1.6 billion

- MTU Maintenance: €1.4 billion

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Market Segmentation

By Application

Commercial

Private

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By Product

Engine Maintenance

Components Maintenance

Airframe Heavy Maintenance

Others

Market Growth

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$ X Billion USD

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