US Aircraft Engine MRO Market

ID: MRFR/A&D/17604-CR

100 Pages

Garvit Vyas

December 2023

US Aircraft Engine MRO Market

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Summary Table of Contents Segmentation Infographic

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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US Aircraft Engine MRO Market Summary

The US Aircraft Engine MRO market is projected to grow from 25 USD Billion in 2024 to 38 USD Billion by 2035, reflecting a robust growth trajectory.

Key Market Trends & Highlights

US Aircraft Engine MRO Key Trends and Highlights

The market is expected to achieve a compound annual growth rate of 3.88 percent from 2025 to 2035.
By 2035, the market valuation is anticipated to reach 38 USD Billion, indicating substantial growth opportunities.
In 2024, the market is valued at 25 USD Billion, highlighting its current significance in the aerospace sector.
Growing adoption of advanced maintenance technologies due to increasing demand for operational efficiency is a major market driver.

US Aircraft Engine MRO Market

CAGR

3.88%

Market Size & Forecast

2024 Market Size	25 (USD Billion)
2035 Market Size	38 (USD Billion)
CAGR (2025 - 2035)	3.88%

Major Players

Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

Key Companies in the US Aircraft Engine MRO Market market include

FAQs

What is the projected market size of the US Aircraft Engine MRO Market by 2035?

The US Aircraft Engine MRO Market is expected to be valued at 12.5 USD Billion by the year 2035.

What was the market value of the US Aircraft Engine MRO Market in 2024?

In 2024, the market value of the US Aircraft Engine MRO Market is projected to be 6.0 USD Billion.

What is the expected CAGR for the US Aircraft Engine MRO Market from 2025 to 2035?

The expected CAGR for the US Aircraft Engine MRO Market from 2025 to 2035 is 6.9%.

What are the key engine types covered in the US Aircraft Engine MRO Market?

The key engine types covered in the market are Turbine Engines and Piston Engines.

What will be the market value of Turbine Engines in 2035?

The market value of Turbine Engines in the US Aircraft Engine MRO Market is projected to be 8.5 USD Billion by 2035.

What will be the market value of Piston Engines in 2035?

By 2035, the market value of Piston Engines is expected to reach 4.0 USD Billion.

Who are some of the major players in the US Aircraft Engine MRO Market?

Major players in the market include Textron Aviation, Honeywell International, and Rolls-Royce among others.

Which segment of the US Aircraft Engine MRO Market is expected to grow faster?

The Turbine Engine segment is anticipated to grow at a faster rate compared to the Piston Engine segment.

What challenges are currently faced by the US Aircraft Engine MRO Market?

The market faces challenges such as increasing costs and evolving regulatory standards impacting operational efficiency.

How does the current global scenario affect the US Aircraft Engine MRO Market?

The current global scenario is influencing supply chain dynamics and could impact the growth and operational capabilities of the market.

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