Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 25.7 Billion | USD 38.8 Billion | 4.2% | 2024 |
FrequentlyAsked Questions
MRO refers to the spectrum of services that are needed to keep wide-body aircraft—large planes with two passenger aisles that are typically used for long-haul international flights—safe, working properly, and ready to fly.
The Wide Body Aircraft MRO market is driven by several factors, including the increasing aerospace sector, the growing expansion of the business by key market players, rising investment, and others.
According to the report, the global wide body aircraft MRO market size was worth around USD 25.7 billion in 2024 and is predicted to grow to around USD 38.8 billion by 2034.
The global Wide Body Aircraft MRO market is expected to grow at a CAGR of 4.2% during the forecast period.
The global wide body aircraft MRO market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market due to the rising aviation sector and the presence of major players.
The global Wide Body Aircraft MRO market is dominated by players like Safran, Boeing, MTU Aero Engines, Pratt and Whitney, MRO Holdings, ST Aerospace, Airbus, Northrop Grumman, Textron, Honeywell, Air France Industries KLM Engineering and Maintenance, Lufthansa Technik, Lockheed Martin, General Electric, and Rolls-Royce among, others.
The wide body aircraft MRO market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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