Military Aviation Maintenance, Repair, and Overhaul Market Size

Military Aircraft MRO Market Analysis

The Military Aviation Maintenance, Repair, and Overhaul Market size is estimated at USD 36.94 billion in 2024, and is expected to reach USD 47.52 billion by 2033, growing at a CAGR of 2.84% during the forecast period (2024-2033).

The military aviation sector has witnessed a mild impact of the COVID-19 pandemic. Growing defense expenditure and rising procurement contracts for fighter jets led to steady growth in the market. Supply chain disruptions, production halt from MRO players, and economic slowdown hinder market growth during the pandemic. The market showcased a strong recovery post-pandemic due to the increasing number of military modernization programs.

The military aviation MRO market is experiencing steady growth due to the increasing demand for maintenance, repair, and overhaul services for military aircraft. The demand is driven by factors such as expanding military fleets, the need for lifecycle extension of existing aircraft, and the rising complexity of aircraft systems. The procurement of new military aircraft leads to larger fleet size, subsequently increasing the demand for MRO services to support these aircraft throughout their operational lifespan.

Defense organizations seek to maximize the value and longevity of their aircraft assets. The market for MRO services is experiencing growth, driven by the need for structural repairs, avionics upgrades, engine overhauls, and system modifications. The evolution of technology in military aircraft, such as advanced materials, avionics, and mission systems, contributes to the growth of the MRO market. As aircraft become more sophisticated, specialized expertise and advanced diagnostics tools are required to maintain and repair these complex systems effectively.