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Aircraft Maintenance, Repair & Overhaul in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Aircraft Maintenance, Repair & Overhaul Market Research Report | NAICS 48819 | Jan 2016

Taking wing: Increased air travel and aircraft use will raise demand for industry services

IBISWorld’s Aircraft Maintenance, Repair & Overhaul market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$17bn
Annual Growth 11-16
1.5%
Annual Growth 16-21
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Profit
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Employment
92,157
Businesses
2,905
Industry Analysis & Industry Trends

Over the past five years, the Aircraft Maintenance, Repair and Overhaul (MRO) industry has slowly climbed out of the recession and reached new heights. Improving economic conditions led to a pickup in air travel. As a result, airlines increased their use of their aircraft fleets. The resulting rise in aircraft wear and tear and mandatory checkups have led to increased demand for industry services. In the five years to 2021, continued economic growth is anticipated to lead to increased air travel and aircraft usage. Moreover, lower oil prices might keep older aircraft flying for longer, thus increasing the need for MRO... purchase to read more

Industry Report - Industry Analysis Chapter

Over the past five years, the Aircraft Maintenance, Repair and Overhaul (MRO) industry has slowly repaired itself after the recession’s blow. Industry players provide support services to air transportation operators. Such services include: aircraft inspection and testing; ferrying aircraft between departure gates and taxiways; aircraft maintenance and repair; and aircraft and parts overhaul. Prior to the five-year period, declining wages and rising unemployment significantly reduced air travel in the United States. Consequently, aircraft utilization declined and the need for industry services fell. However, as the economy recovered, air travel picked up and demand for industry services began to recover, albeit at a very slow rate... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Aircraft Maintenance, Repair & Overhaul Industry?

Companies in this industry provide support services to air transportation operators, such as aircraft inspection and testing; ferrying aircraft between departure gates and taxiways; aircraft maintenance and repair; and aircraft and parts overhaul. The main industry services are commonly referred to as maintenance, repair and overhaul (MRO). This industry only includes specialized MRO operations and excludes work conducted in factories.

Industry Products
Civil airframe MROCivil engine MROCivil component MROCivil line maintenance Military aircraft MRO
 
Industry Activities
Maintenance, repair and overhaul (MRO) of aircraft and partsFerrying aircraft between departure gates and taxiwaysInspection and testing of aircraft


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