Asia-Pacific Aircraft Engine MRO Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Asia-Pacific Aircraft Engine MRO Market is Segmented by Engine Type (Turbine and Piston), Application (Commercial Aviation, Military Aviation, General Aviation), and Country (China, India, Japan, Singapore, South Korea, and the Rest of Asia-Pacific). The market sizing and forecasts have been provided in value (USD billion) for all the above segments.

Asia-Pacific Aircraft Engine MRO Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Asia-Pacific Aircraft Engine MRO Industry Overview

The Asia-Pacific aircraft engine MRO market is highly competitive and marked by the presence of many prominent players, such as Safran SA, General Electric Company, Rolls-Royce plc, GMF AeroAsia, and HAECO Group, competing for a larger market share. Key engine MRO service providers focus on providing advanced services through next-generation technologies. Furthermore, the major players in the market are focusing on business expansion through mergers and acquisitions, partnerships, and contracts with airlines. On March 20, 2022, Helicopter Engines MRO Pvt Limited (HE-MRO), a joint venture between Hindustan Aeronautics Limited and Safran, opened its new facility in Goa, India. According to HAL, the new facility will be operational by the end of 2023, with a planned capacity of 50 engines per year and a total power of 150 engines per year. The MoU signed by HAL with Safran is part of the Indian government's Atmanirbhar Bharat vision of achieving self-reliance in defense technologies and MRO.

Asia-Pacific Aircraft Engine MRO Market Leaders

  1. Safran SA

  2. General Electric Company

  3. Rolls Royce plc

  4. GMF AeroAsia

  5. HAECO Group

  6. *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Aircraft Engine MRO Market Concentration

Asia-Pacific Aircraft Engine MRO Report Snapshots

80% of our clients seek made-to-order reports. How do you want us to tailor yours?