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Aircraft Engine Maintenance Market Projected to Reach $121 Billion by 2035

Aircraft Engine Maintenance Market Projected to Reach $121 Billion by 2035
The global aircraft engine maintenance, repair, and overhaul (MRO) market is anticipated to reach $121 billion by 2035, according to a recent report from Stratview Research. Valued at $89.1 billion in 2024, the market is expected to grow at a compound annual growth rate (CAGR) of 2.4% between 2025 and 2035. This growth underscores the critical role of engine MRO services in maintaining the safety, reliability, and operational longevity of both commercial and military aircraft.
Market Drivers and Segmentation
The expansion of the global aircraft fleet remains the primary catalyst for market growth. As airlines introduce new aircraft models and extend the service life of existing fleets, the demand for recurring engine maintenance intensifies. This makes MRO expenditure largely non-discretionary, closely linked to fleet size and utilization rates. Civil aircraft dominate the engine MRO market, reflecting the extensive scale and intensive use of commercial fleets worldwide. Continuous fleet modernization efforts, coupled with stringent regulatory requirements focused on safety and efficiency, further drive demand for specialized engine maintenance services.
Among engine types, the PW100 series currently leads the market, largely due to its widespread application in Boeing 737 MAX and Airbus A320neo aircraft. These engines are noted for their fuel efficiency and lower maintenance requirements compared to older models. CFM International holds the largest market share among MRO providers, supported by its extensive installed base of CFM56 engines and the increasing adoption of LEAP engines in new-generation aircraft.
Regional Landscape and Industry Challenges
North America remains the dominant region in the aircraft engine MRO market, benefiting from a substantial installed aircraft base, mature airline networks, and the presence of major original equipment manufacturers (OEMs) alongside independent MRO providers. The region’s well-established maintenance infrastructure and high fleet utilization rates sustain steady engine servicing volumes. Meanwhile, the Asia-Pacific region is identified as the fastest-growing market, propelled by rapid fleet expansion and rising air travel demand.
Despite positive growth prospects, the market faces significant challenges. Supply chain disruptions, intensified by the COVID-19 pandemic, have caused production and maintenance delays for major aircraft manufacturers such as Airbus and Boeing, as well as engine producers including GE Aerospace and Pratt & Whitney. These disruptions have led companies like Rolls-Royce to justify price increases, citing ongoing supply chain constraints and geopolitical instability.
In response, industry players are prioritizing innovation and enhancements in engine durability. Rolls-Royce and other manufacturers are investing in advanced technologies aimed at improving engine performance and reliability, particularly for long-haul aircraft. These efforts seek to mitigate the impact of supply chain challenges and address evolving customer requirements.
Market Outlook and Strategic Insights
The Stratview Research report offers a comprehensive analysis of market trends, segmentation, and competitive dynamics, providing valuable guidance for OEMs, independent MRO providers, suppliers, and investors engaged in strategic planning. Featuring over 100 tables and figures and country-level assessments across 20 markets, the study delivers detailed insights to support capacity expansion and investment decisions in the coming years.

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