𝐀 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐆𝐮𝐢𝐝𝐞 𝐭𝐨 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐌𝐑𝐎 [𝐏𝐃𝐅]
𝗚𝗲𝘁 𝗣𝗗𝗙 𝗖𝗼𝗽𝘆: https://www.theinsightpartners.com/sample/TIPRE00025489/
MRO stands for maintenance, repair and overhaul. Aviation MRO refers to the specific repair, service or inspection of an aircraft. With the rapidly growing aviation industry from the past few years, the demand for airline MRO services is also increasing. Emerging economies in APAC are highly focused on extending MRO services to commercial as well as military aircraft companies. Economic growth, increasing passengers, and growing aviation infrastructure spending across APAC are among the factors driving the growth of the aircraft MRO market. A few APAC countries such as Singapore, Malaysia, and Thailand produce a large amount of revenue from the aviation MRO market due to well-established MRO hubs.
The Aircraft Engine MRO Market size is projected to reach US$ 64.50 billion by 2031 from US$ 39.21 billion in 2023. The market is expected to register a CAGR of 6.4% in 2023–2031. The increasing demand for fuel-efficient aircraft is likely to remain a key aircraft engine MRO market trend.