Aircraft Maintenance Market Size, Share, Trends, Growth 2034

Aircraft Maintenance Industry Prospective:

The global aircraft maintenance market size was worth around USD 90.56 billion in 2024 and is predicted to grow to around USD 141.99 billion by 2034, with a compound annual growth rate (CAGR) of roughly 4.60% between 2025 and 2034.

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Aircraft Maintenance Market: Overview

Aircraft maintenance refers to the broad spectrum of several activities associated with ensuring aircraft safety, durability, and flight longevity. Regular aircraft maintenance promotes aircraft reliability and airworthiness.

The activities included in aircraft maintenance include frequent inspections, replacements or repairs of defective parts, and overhauling of components, depending on the result of the quality check.

Aircraft maintenance is a critical part of the aerospace industry since any minor malfunction reported in an aircraft can result in catastrophic accidents. According to industry research, aircraft maintenance is categorized into two main types that are unscheduled and scheduled maintenance. The former is performed on a need basis and is mainly conducted when an unexpected problem arises, such as when the aircraft is still or in motion.

On the other hand, scheduled maintenance is a part of a predesigned inspection program and includes preventive maintenance, routine inspections, and overhaul procedures.

During the forecast period, the demand for aircraft maintenance is expected to be driven by several factors. For instance, growing air traffic and fleet expansion are critical market growth drivers.

However, cost-related barriers and complexities in changing maintenance techniques with respect to modern aircraft may challenge market expansion trends in the future.

Key Insights:

• As per the analysis shared by our research analyst, the global aircraft maintenance market is estimated to grow annually at a CAGR of around 4.60% over the forecast period (2025-2034)
• In terms of revenue, the global aircraft maintenance market size was valued at around USD 90.56 billion in 2024 and is projected to reach USD 141.99 billion by 2034.
• The aircraft maintenance market is projected to grow at a significant rate due to the growing air traffic worldwide and the expansion of the existing fleet.
• Based on the maintenance type, the engine segment is growing at a high rate and will continue to dominate the global market as per industry projections.
• Based on the end-user, the commercial segment is anticipated to command the largest market share.
• Based on region, North America is projected to dominate the global market during the forecast period.

Aircraft Maintenance Market: Growth Drivers

Growing air traffic worldwide and expansion of the existing fleet to propel market growth rate

The global aircraft maintenance market is expected to be driven by the rising air traffic across the globe. Factors such as increased tourism, changing consumer lifestyles, and rising business travel rates have influenced demand for air travel. These factors have encouraged airline companies to expand their operations and connectivity to integrate more locations in their flight network.

According to Air Transport Action Group (ATAG), around 4.4 billion passengers were carried to their destinations by global airlines. In the coming years, the number of air travelers is expected to grow steadily, according to industry research.

Furthermore, greater access to air tickets through digital travel booking platforms such as Expedia and Skyscanner, offering excellent discounts and other benefits to their loyal customers, has also influenced market revenue. The growing number of operational aircraft in the form of commercial passenger jets and private airplanes is helping to create demand for aircraft maintenance.

Rising collaboration between governments and market players will deliver higher industry revenue

The aircraft maintenance industry has witnessed several novel initiatives in the last few years. These projects are seen in the form of government-backed collaboration and partnerships to improve aircraft maintenance infrastructure.

For instance, October 2024 witnessed the implementation of Change 9 to the U.S.-EU Maintenance Annex Guidance (MAG). The new update plays a crucial role in clarifying responsibilities and procedures between the Aviation Authorities (AA), Federal Aviation Administration (FAA), and European Union Aviation Safety Agency (EASA).

The global aircraft maintenance market also witnessed the launch of a strategic partnership between SkyDrive Inc., a leading Japan-based aircraft manufacturer, and F&E Aircraft Maintenance in November 2024. The latter holds expertise in line maintenance with clients in the US and international regions.

Aircraft Maintenance Market: Restraints

Soaring rate of investment to limit the market growth rate in the future

The global aircraft maintenance industry is expected to be restricted by the rising cost of investment. Aircraft maintenance is a resource-intensive task with zero scope for error. It demands the employment of highly skilled technicians along with cutting-edge maintenance systems.

The high cost of replacement components also impacts the overall pricing associated with the market. The downtime associated with aircraft maintenance can lead to additional monetary losses for airline companies.

Aircraft Maintenance Market: Opportunities

Ongoing introduction of novel maintenance technologies to generate market growth opportunities

The global aircraft maintenance market is projected to generate growth opportunities due to the rising introduction of new technologies in the industry. In February 2025, GE Aerospace announced the launch of an Artificial Intelligence (AI)-driven inspection tool.

According to the company, the new system is designed to maximize engine time on wing. Furthermore, the platform will help aircraft remain operational for extensive periods before undergoing maintenance. In the coming months, the technology is expected to be tested on several narrowbody engines to understand its real-world applications.

In September 2024, Ramco Systems, a leading aviation software specialist, released Aviation Software 6.0. The new release is expected to revolutionize Maintenance and Engineering (M&E) and Maintenance, Repair, and Overhaul (MRO) operations using AI-powered insights, seamless integration, and advanced automation.

Advancements in aircraft technology to create expansion opportunities for market players

The industry for aircraft maintenance can benefit from the rising introduction of new and improved aircraft. These novel flying machines are equipped with next-generation components such as advanced engines and wing designs.

Additionally, using breakthrough avionics to improve aircraft safety and performance will encourage innovation in aircraft maintenance solutions. For instance, Airbus is currently working on developing next-generation single-aisle aircraft with novel wings, propulsion, and hybridization systems.

Aircraft Maintenance Market: Challenges

Evolving maintenance requirements and regulatory frameworks to challenge market expansion

The global industry for aircraft maintenance is expected to be challenged by the evolving characteristics of maintenance technologies and requirements. The launch of next-generation aircraft will require industry players to consistently invest in new and compatible maintenance solutions.

In addition, compliance with changing repair & maintenance regulatory frameworks in the aerospace sector can raise more complexities for the industry giants.

Aircraft Maintenance Market: Report Scope

Aircraft Maintenance Market: Segmentation

The global aircraft maintenance market is segmented based on maintenance type, aircraft type, end-user, and region.

Based on the maintenance type, the global market segments are components, line maintenance, engine, airframe, and others. In 2024, the highest revenue was listed in the engine maintenance segment. Continuous inspection and maintenance of aircraft engines comprise the highest portion of aircraft quality checks and repairs. The average cost of a small aircraft engine repair can range between USD 1.2 million and USD 3.1 million. The components segment is projected to deliver a considerable growth rate in the future.

Based on aircraft type, the global aircraft maintenance industry is divided into narrow-body aircraft, wide-body aircraft, and others.

Based on the end-user, the global market divisions are commercial, military, and others. In 2024, the highest revenue was listed in the commercial segment. The growing number of commercial aircraft fleets transporting people and commodities may propel the segmental expansion rate. The military is a significant market shareholder due to the high cost of maintaining advanced military aircraft developed using state-of-the-art technology. For instance, the per-unit cost of a Rafale fighter jet ranges between USD 65 million and over USD 95 million.

Aircraft Maintenance Market: Regional Analysis

North America to be led by the US during the forecast period

The global aircraft maintenance market will be led by North America during the projection period. The US is expected to lead North America in the coming years due to the presence of a strong regional aircraft maintenance industry.

The US is one of the largest producers of military and commercial-grade aircraft. It has subsequently encouraged the development of companies specializing in aircraft engineering, repair, and maintenance.

For instance, in March 2025, United, one of the world’s leading airlines originating in the US, announced new investments in its existing Houston hub. The company broke ground for the construction of a new 40,000-square-foot Ground Service Equipment (GSE) Maintenance Facility located at the George Bush Intercontinental Airport (IAH). In a recent event, Brazilian aerospace company Embraer announced an investment of USD 70 million to construct a new MRO facility in Texas, USA, which will inject more revenue into the regional market.

Additionally, increasing investments in next-generation fighter jets and military aircraft will drive revenue in North America. The US is emerging as a key exporter of combat aircraft to international clients, forging revenue for its regional maintenance industry.

Aircraft Maintenance Market: Competitive Analysis

The global aircraft maintenance market is led by players like:

• Singapore Airlines Engineering Company (SIAEC)
• Lufthansa Technik
• Hong Kong Aircraft Engineering Company (HAECO)
• AAR Corp
• Jet Aviation
• Air France Industries KLM Engineering & Maintenance
• Boeing Global Services
• GAMECO (Guangzhou Aircraft Maintenance Engineering Co.)
• Turkish Technic
• ST Engineering Aerospace
• MTU Maintenance
• Delta TechOps
• Collins Aerospace (part of RTX for MRO services)
• SR Technics
• Ameco Beijing.

The global aircraft maintenance market is segmented as follows:

By Maintenance Type

• Components
• Line Maintenance
• Engine
• Airframe
• Others

By Aircraft Type

• Narrow-Body Aircraft
• Wide-Body Aircraft
• Others

By End-User

• Commercial
• Military
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa