Military Aviation Maintenance, Repair, And Overhaul Market Share

Statistics for the 2023 & 2024 Military Aviation Maintenance, Repair, And Overhaul market share, created by Mordor Intelligence™ Industry Reports. Military Aviation Maintenance, Repair, And Overhaul share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Military Aviation Maintenance, Repair, And Overhaul Industry

The military aviation MRO market is fragmented. Numerous local and international players provide MRO services to the existing military aircraft fleet. Major market players include Lockheed Martin Corporation, Safran, The Boeing Company, RTX Corporation, and Rolls-Royce plc. Strategies like partnerships between players are expected to help them gain more contracts and expand into untapped markets in the long run. As most MRO contracts are for the long term, for new players, it is a time-consuming process to establish themselves in the market with the existing competition.

Artificial intelligence (AI) -based predictive maintenance technologies are expected to experience mass adoption during the forecast period. Potential investments are required to enhance the IT capabilities of MRO operators for maintenance execution, supply chain management, enhancing mobility, and e-signature adoption. Advanced data analytics are used by MROs for inventory optimization purposes, which include planning, stocking, and optimizing spares as and when required at minimal procurement costs. These tools enable operators to function efficiently, derive maximum profits, and support the digitization of global aircraft MRO operations.

Military Aircraft MRO Market Leaders

  1. Lockheed Martin Corporation

  2. The Boeing Company

  3. Safran

  4. RTX Corporation

  5. Rolls-Royce plc

*Disclaimer: Major Players sorted in no particular order

Military Aviation Maintenance, Repair, and Overhaul Market Concentration

Military Aviation MRO Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)