Asia Pacific Aircraft MRO Market Size and Forecast 2021-2031, Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component, Aircraft Type, and End Use

Description

List of Tables

The Asia Pacific aircraft Maintenance, Repair, and Overhaul (MRO) market is projected to grow significantly, reaching approximately US$ 59,886.93 million by 2031, up from US$ 31,657.62 million in 2024. This growth represents a compound annual growth rate (CAGR) of 9.9% from 2025 to 2031, indicating a robust expansion in the aviation sector within the region.

Executive Summary and Market Analysis

As per various aviation industry reports, the Asia Pacific region had around 8,400 operational commercial aircraft in 2025, with expectations to increase this number to about 12,400 by 2035. The narrow-body aircraft segment is particularly noteworthy, with over 5,800 units in operation in 2025, projected to rise to approximately 8,948 by 2035. Additionally, the wide-body aircraft fleet, which numbered around 1,854 in 2025, is expected to grow to about 2,302 by 2034. The aviation industry plays a crucial role in the social and economic development of the region.

According to Boeing's Aviation Market Forecast, the Asia Pacific region will require an additional 16,930 aircraft by 2037 to meet the increasing demand from travelers, with the region anticipated to account for around 40% of future aircraft production. The International Air Transport Association (IATA) estimates that by 2036, approximately 2.1 billion travelers will be flying, particularly highlighting the surge in air travel in China.

The influx of international travelers to countries like India, China, Japan, and Taiwan has led to increased imports of advanced commercial aircraft. The growing number of airports and enhanced regional flight connectivity among Asian nations are driving the demand for aircraft MRO services, which are essential for ensuring safe operations. To meet these demands, both new and established players in the market are innovating and expanding their service offerings, contributing to market growth.

Countries such as Singapore, Malaysia, and Thailand are experiencing economic growth, prompting key market players to enhance their capabilities in Southeast Asia. For instance, in September 2023, Pratt & Whitney announced plans to expand its Singapore engine center, Eagle Services Asia (ESA), increasing its capacity by two-thirds.

Market Segmentation Analysis

The Asia Pacific aircraft MRO market can be segmented based on components, aircraft types, and end users.

By Component: The market is divided into engine MRO, avionics MRO, airframe MRO, cabin MRO, landing gear MRO, and others. The engine MRO segment is expected to hold the largest market share in 2024.
By Aircraft Type: The market is categorized into fixed-wing and rotary-wing aircraft, with fixed-wing aircraft dominating the market share in 2024.
By End Users: The market is split into commercial and military segments, with the commercial segment holding a larger share in 2024.

Market Outlook

The rapid growth of the aviation industry in recent years has significantly increased the demand for MRO services. Emerging economies in the Asia Pacific region are focusing on expanding MRO services for both commercial and military aircraft. Major players in the aircraft MRO sector include Guangzhou Aircraft Maintenance Engineering Co., Ltd. (GAMECO) in China, MTU Maintenance, and ExecuJet Haite Aviation Services in China. Factors such as heavy investment in aviation infrastructure, economic growth, and a rising number of passengers are driving the adoption of aircraft maintenance services.

The increasing middle-class population in countries like China, Singapore, and India is a key driver of air travel growth, which in turn boosts the demand for MRO services. Singapore, in particular, stands out as a leading MRO hub in the region, hosting around 120 aerospace companies, which collectively account for a significant portion of the APAC MRO market.

Recent developments in the industry include SR Technics being selected by Air India for long-term maintenance support of its CFM56 engine fleet, and Safran Electronics & Defense expanding its operations in India with new facilities. Additionally, Pratt & Whitney and Mitsubishi Heavy Industries announced a new GTF MRO facility in Japan, further enhancing the region's MRO capabilities.

Country Insights

The Asia Pacific aircraft MRO market includes key countries such as Australia, China, India, Japan, South Korea, and others. China is expected to hold the largest market share in 2024, driven by a booming commercial aviation sector that presents new opportunities for airlines. The demand for modern aircraft is leading to increased orders, and MRO activities are gradually shifting towards Asia as India and China establish themselves as significant MRO centers.

In September 2023, Rolls-Royce announced the construction of a joint venture MRO facility in Beijing with Air China, expected to enhance its service capabilities in the region. China's substantial investment in its defense forces also contributes to the rising demand for MRO services, as the country seeks to maintain its military aircraft fleets.

Company Profiles

Key players in the Asia Pacific aircraft MRO market include AAR CORP, Barnes Group Inc, GE Aerospace, FLTechnics, Turkish Technic, Singapore Technologies Engineering, Lufthansa Technik, Delta TechOps, Rolls-Royce Holdings, and Collins Aerospace. These companies are employing various strategies such as expansion, product innovation, and mergers and acquisitions to enhance their market presence and offer innovative solutions to their customers.

Product Code: TIPRE00022959

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Asia Pacific Aircraft MRO Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
- 4.3.1 Component Suppliers
- 4.3.2 MRO Service Providers
- 4.3.3 End Users

5. Asia Pacific Aircraft MRO Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Increasing Air Travel
- 5.1.2 Rising Presence of MRO Service Providers in Emerging Economies
- 5.1.3 Growing Integration of Digital Technology in MRO Industry
5.2 Market Restraints
- 5.2.1 OEMs Entering Aftermarket
- 5.2.2 Geopolitical Tensions
5.3 Market Opportunities
- 5.3.1 Retrofitting of Older Aircraft Fleet
- 5.3.2 Increasing Adoption of Sustainable Aviation Fuel (SAF)
5.4 Future Trends
- 5.4.1 Blockchain Technology Changing MRO Landscape
5.5 Impact of Drivers and Restraints:

6. Aircraft MRO Market - Asia Pacific Analysis

6.1 Asia Pacific Aircraft MRO Market Revenue (US$ Million), 2021-2031
6.2 Asia Pacific Aircraft MRO Market Forecast Analysis

7. Asia Pacific Aircraft MRO Market Analysis - by Component

7.1 Engine MRO
- 7.1.1 Overview
- 7.1.2 Engine MRO: Asia Pacific Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Avionics MRO
- 7.2.1 Overview
- 7.2.2 Avionics MRO: Asia Pacific Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.3 Airframe MRO
- 7.3.1 Overview
- 7.3.2 Airframe MRO: Asia Pacific Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.4 Cabin MRO
- 7.4.1 Overview
- 7.4.2 Cabin MRO: Asia Pacific Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.5 Landing Gear MRO
- 7.5.1 Overview
- 7.5.2 Landing Gear MRO: Asia Pacific Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: Asia Pacific Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. Asia Pacific Aircraft MRO Market Analysis - by Aircraft Type

8.1 Fixed Wing
- 8.1.1 Overview
- 8.1.2 Fixed Wing: Asia Pacific Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Rotary Wing
- 8.2.1 Overview
- 8.2.2 Rotary Wing: Asia Pacific Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. Asia Pacific Aircraft MRO Market Analysis - by End Users

9.1 Commercial
- 9.1.1 Overview
- 9.1.2 Commercial: Asia Pacific Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Military
- 9.2.1 Overview
- 9.2.2 Military: Asia Pacific Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)

10. Asia Pacific Aircraft MRO Market - Country Analysis

10.1 Asia Pacific
- 10.1.1 Asia Pacific Aircraft MRO Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.1 Asia Pacific Aircraft MRO Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.2 Australia: Asia Pacific Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.2.1 Australia: Asia Pacific Aircraft MRO Market Share - by Component
    - 10.1.1.2.2 Australia: Asia Pacific Aircraft MRO Market Share - by Aircraft Type
    - 10.1.1.2.3 Australia: Asia Pacific Aircraft MRO Market Share - by End Users
  - 10.1.1.3 China: Asia Pacific Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.3.1 China: Asia Pacific Aircraft MRO Market Share - by Component
    - 10.1.1.3.2 China: Asia Pacific Aircraft MRO Market Share - by Aircraft Type
    - 10.1.1.3.3 China: Asia Pacific Aircraft MRO Market Share - by End Users
  - 10.1.1.4 India: Asia Pacific Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.4.1 India: Asia Pacific Aircraft MRO Market Share - by Component
    - 10.1.1.4.2 India: Asia Pacific Aircraft MRO Market Share - by Aircraft Type
    - 10.1.1.4.3 India: Asia Pacific Aircraft MRO Market Share - by End Users
  - 10.1.1.5 Japan: Asia Pacific Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.5.1 Japan: Asia Pacific Aircraft MRO Market Share - by Component
    - 10.1.1.5.2 Japan: Asia Pacific Aircraft MRO Market Share - by Aircraft Type
    - 10.1.1.5.3 Japan: Asia Pacific Aircraft MRO Market Share - by End Users
  - 10.1.1.6 South Korea: Asia Pacific Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.6.1 South Korea: Asia Pacific Aircraft MRO Market Share - by Component
    - 10.1.1.6.2 South Korea: Asia Pacific Aircraft MRO Market Share - by Aircraft Type
    - 10.1.1.6.3 South Korea: Asia Pacific Aircraft MRO Market Share - by End Users
  - 10.1.1.7 Rest of APAC: Asia Pacific Aircraft MRO Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.7.1 Rest of APAC: Asia Pacific Aircraft MRO Market Share - by Component
    - 10.1.1.7.2 Rest of APAC: Asia Pacific Aircraft MRO Market Share - by Aircraft Type
    - 10.1.1.7.3 Rest of APAC: Asia Pacific Aircraft MRO Market Share - by End Users

11. Competitive Landscape

11.1 Market Concentration
11.2 Company Market Share Analysis, 2024

12. Industry Landscape

12.1 Overview
12.2 Market Initiative

13. Company Profiles

13.1 AAR CORP
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Barnes Group Inc
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 GE Aerospace
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 FLTechnics, UAB.
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Turkish Technic Inc.
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Singapore Technologies Engineering Ltd
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Lufthansa Technik
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Delta TechOps
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Rolls-Royce Holdings Plc
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 Collins Aerospace
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners