aircraftmro , aircraftmromarket , aircraftmromarketindustry, marketsize, marketgrowth, marketforecas

Global aircraft MRO market was valued at US$ 73.2 billion in 2022 and is likely to reach US$ 112.8 billion by 2032, registering a CAGR of 4.2% over the forecast period of 2023-2032.
Aircraft Maintenance, Repair, and Overhaul (MRO) constitute a comprehensive set of services aimed at ensuring the safety, functionality, and longevity of aircraft. MRO involves meticulous inspections, routine maintenance tasks, and skilled repairs performed on various aircraft components, systems, and structures. This critical sector of the aviation industry encompasses a spectrum of activities, ranging from routine checks to address wear and tear to extensive overhauls that rejuvenate the aircraft to optimal operational conditions. The primary goals of MRO are to uphold stringent safety standards, enhance aircraft performance, and extend the lifespan of aviation assets, contributing to the overall reliability and efficiency of the global air transportation system.