Future of the Aircraft Maintenance, Repair and Overhaul (MRO) Services Market
Introduction The aviation sector is entering a transformative decade, driven by rapidly expanding commercial fleets, rising air travel demand, and new regulatory requirements. As airlines strive to enhance fleet efficiency and safety, the future of the Aircraft Maintenance, Repair and Overhaul (MRO) Services Market is becoming increasingly important. According to insights from MarkNtel Advisors, the global MRO market is projected to witness significant growth through 2030, fueled by technological advancements, increased outsourcing, and the aging of global aircraft fleets. Market Outlook: What Is Driving the Next Phase of MRO Growth? Growing Global Fleet & Increased Flight Volume Air travel demand continues to escalate worldwide, supported by rising middle-class populations, affordable airline tickets, and expanding low-cost carriers. As airlines acquire more aircraft and extend the lifespan of existing fleets, the demand for scheduled maintenance, inspections, and re...