South East Asia Aircraft MRO Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The South East Asia Aircraft MRO Market is Segmented by Application (Commercial Aviation, Military Aviation, and General Aviation), MRO Type (Airframe MRO, Engine MRO, and Other MRO Types), and Geography (Malaysia, Indonesia, Singapore, Thailand, and Rest of South East Asia). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

South East Asia Aircraft MRO Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

MRO in Southeast Asia Market Size

Southeast Asia Aircraft MRO Market Size
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 5.66 Billion
Market Size (2030) USD 7.55 Billion
CAGR (2025 - 2030) 5.94 %
Market Concentration Medium

Major Players

Southeast Asia Aircraft MRO Market Key Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Southeast Asia Aircraft MRO Market with other markets in Aerospace & Defense Industry

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Aircraft Parts

MRO in Southeast Asia Market Analysis

The Southeast Asia Aircraft MRO Market size is estimated at USD 5.66 billion in 2025, and is expected to reach USD 7.55 billion by 2030, at a CAGR of 5.94% during the forecast period (2025-2030).

Over the last two decades, Southeast Asia has been making the most of its favorable geographic location by complementing it with state-of-the-art aviation infrastructure. The region's strategic position and the strong local supply chain have contributed to its position as a preferred location for many MRO companies. Maintenance constitutes a major portion of the financial business model of aircraft operators in the region.

Players from Singapore have established themselves as dominant players in the industry over the years. Following the success of Singapore in the industry, players from countries like Indonesia, Malaysia, and Thailand are trying to replicate the success of Singaporean players and developing their MRO capabilities, which is positioning Southeast Asia as an important hub for Aircraft MRO globally.

Technological advancement in additive manufacturing, predictive maintenance, aircraft health monitoring systems, composite repair capabilities, artificial intelligence, and big data will play a major role in the coming years, as most of the MRO players in the region will opt to streamline their operations through automation to generate higher revenue during the latter half of the forecast period.

MRO in Southeast Asia Industry Overview

The market for aircraft MRO services in the Southeast Asia region is moderately consolidated. Singapore Technologies Engineering Ltd, GMF AeroAsia, Safran SA, StandardAero, and Sepang Aircraft Engineering Sdn Bhd are some of the prominent players in the market. 

For a long time, the market was dominated by players based in Singapore, but the dynamics are now changing. Following the success of Singapore in the industry, players from countries like Indonesia, Malaysia, and Thailand are trying to replicate the success of Singaporean players and develop their MRO capabilities. The market is witnessing investments from players into countries like Thailand, Indonesia, etc., owing to the growing aircraft fleet and lower labor costs compared to Singapore. The market is witnessing a huge investment from key players in facility development, technological innovations, joint ventures, and partnerships. 

Players are focusing on developing their MRO capabilities in the region, making the market more competitive with the entry of new players. Such developments are expected to make the market more competitive during the forecast period.

MRO in Southeast Asia Market Leaders

  1. Safran SA

  2. GMF AeroAsia

  3. Singapore Technologies Engineering Ltd

  4. StandardAero

  5. Sepang Aircraft Engineering Sdn Bhd

  6. *Disclaimer: Major Players sorted in no particular order
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MRO in Southeast Asia Market News

  • In September 2023, ST Engineering initiated the construction of an 84,000 sq m (904,000 sq ft) hangar facility at the northern end of the Changi Airport compound. The company expects the first maintenance line to be operational in mid-2025, and the full facility by the end of 2026.
  •  In September 2023, Pratt & Whitney announced the expansion of its Singapore engine center, Eagle Services Asia (ESA). The 48,000-square-foot expansion will accommodate a two-thirds increase from current facility capacity.

MRO in Southeast Asia Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Application
    • 5.1.1 Commercial Aviation
    • 5.1.2 Military Aviation
    • 5.1.3 General Aviation
  • 5.2 MRO Type
    • 5.2.1 Airframe MRO
    • 5.2.2 Engine MRO
    • 5.2.3 Other MRO Types
  • 5.3 Geography
    • 5.3.1 Malaysia
    • 5.3.2 Indonesia
    • 5.3.3 Singapore
    • 5.3.4 Thailand
    • 5.3.5 Rest of South East Asia

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Singapore Technologies Engineering Ltd
    • 6.1.2 AAR Corp.
    • 6.1.3 MTU Maintenance (MTU Aero Engines AG)
    • 6.1.4 StandardAero
    • 6.1.5 Garuda Indonesia (GMF AeroAsia)
    • 6.1.6 Guangzhou Aircraft Maintenance Engineering Co. Ltd (GAMECO)
    • 6.1.7 General Dynamics Corporation (Jet Aviation)
    • 6.1.8 Safran SA
    • 6.1.9 Rolls Royce PLC
    • 6.1.10 ExecuJet MRO Services
    • 6.1.11 AVIA SOLUTIONS GROUP PLC
    • 6.1.12 Textron Inc.
    • 6.1.13 Lufthansa Technik AG
    • 6.1.14 Sepang Aircraft Engineering Sdn Bhd
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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MRO in Southeast Asia Industry Segmentation

Aircraft Maintenance, Repair, and Overhaul (commonly abbreviated as MRO) refers to overhaul, inspection, repair, or modification of an aircraft or any parts and components. The study includes the revenues sourced from the MRO activities of military, commercial, and general aviation aircraft fleets opting to undergo MRO operations in Southeast Asia. 

The South East Asia aircraft MRO market is segmented by application, type, and geography. By application, the market is segmented into commercial aviation, military aviation, and general aviation. By MRO type, the market is segmented into airframe MRO, engine MRO, and other MRO Types. The other MRO types include line, modification, and component maintenance. The report also covers the market sizes and forecasts for the market in major countries across the region. For each segment, the market size is provided in terms of value (USD).

Application Commercial Aviation
Military Aviation
General Aviation
MRO Type Airframe MRO
Engine MRO
Other MRO Types
Geography Malaysia
Indonesia
Singapore
Thailand
Rest of South East Asia
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Southeast Asia Aircraft MRO Market Research FAQs

How big is the Southeast Asia Aircraft MRO Market?

The Southeast Asia Aircraft MRO Market size is expected to reach USD 5.66 billion in 2025 and grow at a CAGR of 5.94% to reach USD 7.55 billion by 2030.

What is the current Southeast Asia Aircraft MRO Market size?

In 2025, the Southeast Asia Aircraft MRO Market size is expected to reach USD 5.66 billion.

Who are the key players in Southeast Asia Aircraft MRO Market?

Safran SA, GMF AeroAsia, Singapore Technologies Engineering Ltd, StandardAero and Sepang Aircraft Engineering Sdn Bhd are the major companies operating in the Southeast Asia Aircraft MRO Market.

What years does this Southeast Asia Aircraft MRO Market cover, and what was the market size in 2024?

In 2024, the Southeast Asia Aircraft MRO Market size was estimated at USD 5.32 billion. The report covers the Southeast Asia Aircraft MRO Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Southeast Asia Aircraft MRO Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Southeast Asia Aircraft MRO Industry Report

Statistics for the 2025 Southeast Asia Aircraft MRO market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Southeast Asia Aircraft MRO analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.