Aircraft Line Maintenance Market, By Service Type, By Aircraft Type, By Geography

Description

The aircraft line maintenance market size is estimated to be valued at US$ 19.63 Bn in 2023 and is expected to reach US$ 30.64 Bn by 2030, exhibiting a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023/2024:	US$ 19.63 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023/2024 to 2030/2031 CAGR:	6.60%	2030/2031 Value Projection:	US$ 30.64 Bn

Figure 1. Aircraft Line Maintenance Market Share (%), By Region, 2023

Aircraft line maintenance refers to the routine day-to-day checks, servicing and repairing that are carried out to ensure an aircraft remains fit for its intended operations. This includes two main types of tasks - daily inspection checks and defect rectification. Daily checks involve a thorough visual inspection of aircraft external and internal parts for any defects, wear, and tear. This helps to detect issues that require addressing before the next flight. Defect rectification refers to addressing and fixing technical defects that arise during aircraft operation or that are observed during daily checks. This helps ensure airworthiness and the aircraft's safety during the flight.

The goal of line maintenance is to monitor aircraft airworthiness, address technical defects in real-time, and perform scheduled maintenance tasks efficiently to minimize aircraft turnaround times and disruptions. It plays a vital role in maintaining operational reliability and safety standards. The two main products and services that are involved are line station services and line station consumables. Station services refer to scheduled maintenance tasks and defect repairs that are performed by line maintenance technicians. Consumables include spare parts, fluids, and equipment replaced during the course of line maintenance to efficiently return the aircraft to service. Collectively, these help the line stations to deliver quick turnarounds and ensure aircraft spend maximum time in revenue service.

Market Dynamics:

The aircraft line maintenance market is influenced by several key factors. The primary driver is the growing global air travel industry, which fuels the demand for maintenance services. With the increase in passenger numbers and the expansion of airline fleets, the need for regular line maintenance activities is on the rise.

However, there are challenges faced by the aircraft line maintenance market as well. The shortage of skilled labor and the rising costs of maintenance equipment and spare parts present significant restraints. Airlines and maintenance companies are constantly striving to attract and retain qualified technicians and invest in advanced technological solutions to enhance operational efficiency.

Despite these challenges, the aircraft line maintenance market offers numerous opportunities for growth. The development of advanced diagnostic tools and predictive maintenance systems allows for more efficient and cost-effective maintenance operations. The emergence of new aircraft models with enhanced reliability and performance creates opportunities for maintenance providers to offer specialized services.

Key features of the study:

This report provides in-depth analysis of the aircraft line maintenance market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the aircraft line maintenance market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Lufthansa Technik, GENERAL ELECTRIC , AFI KLM E&M, ST Engineering, Rolls-Royce plc, AAR, SR Technics, SIA Engineering Company, Delta Air Lines, Inc., Hong Kong Aircraft Engineering Company Limited, British Airways, TAP, ANA HOLDINGS INC., KOREANAIR, Iberia, Aeroman, Turkish Technic Inc., MRO Global (Evergreen Aviation Technologies), and Aviation Technical Services.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The aircraft line maintenance market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the aircraft line maintenance market

Global Aircraft Line Maintenance Market Detailed Segmentation:

By Service Type:
- Engine Service
- Line Maintenance
- Component Service
- Airframe Service
- Others
By Aircraft Type:
- Narrow Body Aircraft
- Wide Body Aircraft
- Very Large Aircraft
- Regional Aircraft
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Top Companies in the Aircraft Line Maintenance Market:
- Lufthansa Technik
- GE Aviation
- AFI KLM E&M
- ST Aerospace
- MTU
- AAR
- SR Technics
- SIA Engineering
- Delta TechOps
- Haeco
- British Airways Engineering
- TAP M&E
- ANA
- JAL Engineering
- Korean Air
- IBERIA Maintenance
- Aeroman
- Turkish Technic
- Evergreen Aviation Technologies
- Aviation Technical Services

Product Code: CMI6267

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Aircraft Line Maintenance, By Service Type
- Market Aircraft Line Maintenance, By Aircraft Type
- Market Aircraft Line Maintenance, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Increasing aircraft fleet sizes
Rising flight hours of aircraft
Focus on aircraft maintenance efficiency
Advancements in line maintenance technologies
- Restraints
Longer durations between repairs
Limited MRO (Maintenance, Repair, and Overhaul) personnel
High operating costs
- Opportunities
Demand for green solutions
Fleet modernization programs
Growth in low-cost carriers
Emerging economies growth
Key Highlights
Regulatory Scenario
Recent Trends
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Mergers, Acquisitions, and Collaborations

4. Aircraft Line Maintenance Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Aircraft Line Maintenance Market, By Service Type, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Engine Service
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Line Maintenance
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Component Service
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Airframe Service
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

6. Aircraft Line Maintenance Market, By Aircraft Type, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Narrow Body Aircraft
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Wide Body Aircraft
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Very Large Aircraft
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Regional Aircraft
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

7. Aircraft Line Maintenance Market, By Region, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Sub-region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Sub-region, 2018 -2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Aircraft Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Aircraft Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Aircraft Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
China
India
Japan
South Korea
ASEAN
Australia
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Aircraft Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Aircraft Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region 2018-2030,(US$ Bn)
GCC Countries
Israel
South Africa
Central Africa
North Africa
Rest of Middle East

8. Competitive Landscape

Company Profile
- Lufthansa Technik
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- GENERAL ELECTRIC
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- AFI KLM E&M
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- ST Engineering
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Rolls-Royce plc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- AAR
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- SR Technics
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- SIA Engineering Company
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Delta Air Lines, Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Hong Kong Aircraft Engineering Company Limited
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
- British Airways
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- TAP
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- ANA HOLDINGS INC.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- KOREANAIR
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Iberia
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Aeroman
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
- Turkish Technic Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- MRO Global (Evergreen Aviation Technologies)
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Aviation Technical Services.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Analyst Views

9. Section

References
Research Methodology
About us