According to Insights Partners research, the Europe aircraft MRO market was valued at US$ 23,172.79 million in 2024 and is expected to reach US$ 37,496.40 million by 2031, registering a CAGR of 7.5% from 2025 to 2031. Growing integration of digital technology in MRO Industry and retrofitting of older aircraft fleet are among the critical factors attributed to the Europe aircraft MRO market expansion.
Considering the growing competition worldwide, the implementation of digital technologies is a necessary step toward the growth of MRO companies; this helps them create continuous data flow through various levels of the supply chain, further streamlining the communication between the stakeholders and accelerating innovation in various operations. The digital revolution in the aviation industry significantly impacts all areas of the supply chain of the aviation industry, including aircraft operations, air traffic management, and aircraft and component manufacturing and servicing. The data-driven technologies, such as data analytics, which help track aircraft MRO activities in real-time, would also optimize the air travel experience of crew and passengers. Other advanced technologies, such as AI and machine learning, facilitate the airline crew and management to understand the airworthiness of the aircraft. Also, the MRO service providers incorporate AI technologies to boost their procedures by easily and efficiently conducting visual checks and understanding the degree of maintenance and repairs required on the aircraft. Thus, the increasing integration of digital technologies such as AI and machine learning drives the aircraft MRO market.
On the contrary, OEMs entering aftermarket and geopolitical tensions hampers the growth of Europe aircraft MRO market.
Based on component, the Europe aircraft MRO market is segmented into engine MRO, avionics MRO, airframe MRO, cabin MRO, landing gear MRO, and others. The engine MRO segment held 39.3% share of the Europe aircraft MRO market in 2024, amassing US$ 9,117.58 million. It is projected to garner US$ 15,816.19 million by 2031 to expand at 8.6% CAGR during 2025-2031.
Based on aircraft type, the Europe aircraft MRO market is bifurcated into fixed wing and rotary wing. The fixed wing segment held 65.5% share of the Europe aircraft MRO market in 2024, amassing US$ 15,183.10 million. It is projected to garner US$ 24,612.34 million by 2031 to expand at 7.5% CAGR during 2025-2031.
Based on end users, the Europe aircraft MRO market is bifurcated into commercial and military. The commercial segment held 69.9% share of the Europe aircraft MRO market in 2024, amassing US$ 16,191.81 million. It is projected to garner US$ 26,209.22 million by 2031 to expand at 7.5% CAGR during 2025-2031.
Based on country, the Europe aircraft MRO market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany held 27.4% share of Europe aircraft MRO market in 2024, amassing US$ 6,357.27 million. It is projected to garner US$ 9,528.22 million by 2031 to expand at 6.3% CAGR during 2025-2031.
Key players operating in the aircraft MRO market are AAR CORP; Barnes Group Inc; GE Aerospace; FLTechnics, UAB.; Turkish Technic Inc.; Singapore Technologies Engineering Ltd; Lufthansa Technik; Delta TechOps; Rolls-Royce Holdings Plc; and Collins Aerospace, among others.
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