Aircraft Hangar Market Size, Share, Trends, Growth & Forecast 2034

Aircraft Hangar Industry Prospective:

The global aircraft hangar market size was worth around USD 3.26 billion in 2024 and is predicted to grow to around USD 6.59 billion by 2034, with a compound annual growth rate (CAGR) of roughly 7.30% between 2025 and 2034.

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Aircraft Hangar Market: Overview

Aircraft hangars are large structures constructed to store and maintain aircraft. They are also used to store other equipment related to flying machines. Typically, aircraft hangars are constructed using metal as the primary material and often feature large doors for the entry and exit of aircraft. In addition to this, hangars are also equipped with offices, storage areas, and maintenance sections along with ventilators and fire-suppressing solutions. Depending on the type of aircraft, hangars are constructed to meet the operational requirements of aircraft operators. At present, the industry is led by T hangars, maintenance hangars, corporate hangars, helicopter hangars, and portable hangars.

During the projection period, investments toward the construction of new facilities are expected to promote the expansion rate. On the other hand, regular expenditure associated with the frequent maintenance and repair of existing hangar facilities will further trigger improved revenue. One of the major drawbacks to the industry’s smooth growth rate is the high investment associated with constructing & maintaining aircraft hangars in addition to regular changes.

Key Insights:

• As per the analysis shared by our research analyst, the global aircraft hangar market is estimated to grow annually at a CAGR of around 7.30% over the forecast period (2025-2034)
• In terms of revenue, the global aircraft hangar market size was valued at around USD 3.26 billion in 2024 and is projected to reach USD 6.59 billion by 2034.
• The aircraft hangar market is projected to grow at a significant rate due to the growing construction of new airports worldwide.
• Based on the type, the maintenance, repair, and overhaul (MRO) segment is growing at a high rate and will continue to dominate the global market as per industry projections.
• Based on the aircraft, the narrow body 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 Hangar Market: Growth Drivers

Growing construction of new airports worldwide to promote market expansion in the coming years

The global aircraft hangar market is expected to be driven by the rising construction of new airports across the globe. The air travel industry has witnessed a rapid increase in revenue over the last few years, since the pandemic. The surge in air travel across domestic and international locations has helped the industry thrive in recent years. Furthermore, according to market research, demand for improved air connectivity is expected to increase in the coming years. These factors have encouraged more investments in the construction of new airports, including general aviation and commercial aviation.

In January 2025, reports emerged suggesting that a new airport is being planned in the Lisbon region of Portugal by 2034. The country is registering increased revenue in terms of travel & tourism. In May 2025, Poland announced a breakthrough investment of EUR 25 billion to develop the region’s transportation infrastructure in the coming years. The funds reported will be used for developing new state-of-the-art airports and railway connections. Similarly, major economies, including those in the Middle East and Asia, are registering an increased number of domestic and international airports.

Increased application of MRO services in the aircraft industry to promote market revenue during the projection period

The increasing demand for maintenance, repair, and overhaul (MRO) services in the aerospace industry is expected to drive the development of modernized hangars. The continuous rate of aircraft-based innovation in the form of the launch of new-age aircraft and components plays a crucial role in improving demand for aircraft hangars.

In April 2025, Embraer, a Brazilian aerospace company, announced an investment in the construction of a new MRO services network by opening a facility at the Perot Field Alliance Airport in Fort Worth, Texas. The existing hangar is expected to become operational in 2025, while the second hangar will be operational by 2026. Such strategic investments in the MRO sector will be helpful for global aircraft hangar market players in the coming years.

Aircraft Hangar Market: Restraints

High upfront cost and maintenance expenses limit industry expansion

The global aircraft hangar industry is expected to be restricted due to the high cost of initial investment required for constructing an efficient hangar. For instance, the average cost of constructing a small private hangar can be over USD 200,000, depending on the facilities. Large-scale hangars, especially used by commercial airlines, can reach more than USD 40 million. The recurring expenses related to the maintenance of hangars may further add to growth-limiting factors for the industry.

Aircraft Hangar Market: Opportunities

Sustainable and smart hangars equipped with next-generation technologies to deliver growth opportunities

The global aircraft hangar market is expected to generate growth opportunities in the form of increased investments in smart facilities. Sustainable aircraft hangars offering next-generation technologies may pave new avenues for continued growth in the coming years. For instance, hangar designers are working to keep pace with the rapid automation and technological complexities of modern aircraft. The ongoing use of unique and flexible building materials, along with the integration of functional automation systems are example of evolution in the current aircraft hangar industry.

In a recent event, Ubisense Group plc, a leading provider of enterprise intelligence solutions, announced a partnership with MRO Drone. The latter is a prominent developer of software for innovative aviation products. The companies are partnering to develop the world’s first smart hangar solution, integrated with automated tools, asset management, and automated aircraft inspection. The green and eco-friendly construction of aircraft hangars may further deliver exceptional growth opportunities to the industry players.

Aircraft Hangar Market: Challenges

Limited space availability and regulatory complexities affect market revenue in the long terms

Large-scale aircraft hangars require expansive land for operational purposes. However, the ongoing concerns over the limited availability of sufficient land space will impact the smooth functioning of the market. On the other hand, the construction and operation of aircraft hangars are subject to regulatory frameworks that can further limit the industry's growth.

Aircraft Hangar Market: Report Scope

Aircraft Hangar Market: Segmentation

The global aircraft hangar market is segmented based on type, construction, aircraft, platform, and region.

Based on the type, the global market segments are storage, assembly, maintenance, repair, and overhaul (MRO). According to market research findings, the industry was dominated by the maintenance, repair, and overhaul (MRO) segment in 2024. In 2024, the global MRO industry generated more than USD 429 billion in terms of revenue. Furthermore, ongoing aircraft innovation and automation will propel demand for effective MRO facilities, helping the segment thrive.

Based on construction, the global aircraft hangar industry is divided into portable and fixed.

Based on the aircraft, the global market divisions are general aviation, helicopters, narrow bodies, wide bodies, and others. In 2024, the narrow-body segment generated the highest revenue, driven by an increasing use of the aircraft type across regions. For instance, Etihad Airways, at present, owns around 97 narrow-body aircraft. Furthermore, general aviation flying machines may also attract improved revenue in the coming years.

Based on the platform, the global industry is segmented into military and commercial.

Aircraft Hangar Market: Regional Analysis

North America to continue delivering exceptional revenue during the forecast period

The global aircraft hangar market is expected to be led by North America during the projection period. In 2024, the region accounted for around 40% of the global revenue, with the US taking the lead in the regional market. The presence of a robust aerospace industry in North America is contributing to the region's thriving economy. In a recent event, Burns & McDonnell, a US-based engineering, architecture, construction, and consulting firm, announced its partnership with United Airlines in the US. The companies are developing an integrated MRO hangar complex spanning 354,400 square feet, which can accommodate either six narrow-body aircraft or three narrow-body aircraft and one wide-body aircraft.

In April 2025, Galaxy Fixed Base Operator (FBO), based in the US, broke ground for the construction of its fourth hangar situated at Houston William P. Hobby Airport. Growth in North America will also be driven by ongoing advancements in aircraft technology and increased demand for state-of-the-art hangars equipped to handle the maintenance and repair requirements of modern aviation machines. Moreover, the increasing focus on developing sustainable hangars with climate control features may pave the way for improved growth opportunities.

Aircraft Hangar Market: Competitive Analysis

The global aircraft hangar market is led by players like:

• Tectonic Management Group
• Aero Support Group
• Nucor Building Systems
• Erect-A-Tube
• Honco Buildings
• Aero Door International
• FabriTec Structures
• Reid Steel
• Rubb Buildings
• Powerlift Doors of California
• Butler Manufacturing
• Hydroswing
• BlueScope Buildings
• HTS tentiQ
• Morton Buildings

The global aircraft hangar market is segmented as follows:

By Type

• Storage
• Assembly
• Maintenance
• Repair
• Overhaul (MRO)

By Construction

• Portable
• Fixed

By Aircraft

• General Aviation
• Helicopters
• Narrow Body
• Wide Body
• Others

By Platform

• Military
• Commercial

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