Aviation MRO Statistics


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Aviation MRO Statistics 2023: Facts about Aviation MRO outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Aviation MRO, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

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Top Aviation MRO Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 42 Aviation Mro Statistics on this page 🙂

Aviation MRO “Latest” Statistics

  • The worldwide aviation MRO industry is anticipated to achieve a 10-year consolidated market size value of over USD130 billion with the global aircraft fleet forecast to reach over 390,000 by 2030.[1]
  • The liberalization of the aviation sector and the advent of low-cost airlines between 1970 and 2010 resulted in a real cost reduction of air travel of over 60%.[2]
  • In 2027, the APAC market will have a CAGR of over 5.5% due to the quickly expanding commercial aviation industry.[3]
  • According to the Aircraft Technician Education Council, 30% of those who complete an aviation maintenance training program choose to work in another profession.[4]
  • It accounted for over 48% of the worldwide civil aviation MRO market in 2020 and is anticipated to grow to $64.2 billion by 2030.[5]

Aviation MRO “Air” Statistics

  • Airlines and MRO service providers should be able to reduce their material costs by 10% to 15%.[1]
  • 6.4% of aircraft maintenance technicians are women, compared to 93.6% of males in the field.[1]
  • The typical aircraft maintenance technician likes their employment for one to two years, which equals a proportion of 25%, according to a review of 5,155 applicants’ resumes.[1]
  • The initial deliveries of aircraft were valued at 25.2 billion, up 10.2%.[1]
  • A National Transportation Safety Board examination of almost 20 years’ worth of airline accident data revealed that, in different emergency situations, over 80% of passengers survived.[1]
  • The average age of an aircraft maintenance technician, who makes up 56% of the population, is 40.[1]
  • Flight incident might cost airlines more than $2 billion in lost revenue per year due to flight cancellations or delays.[1]
  • There is a way to reduce the time required to scan aircraft for lightning strikes by 75% while still keeping the related expenditures to a minimum.[1]
  • White people make up 64.2% of all aircraft maintenance technicians, making them the most prevalent ethnic group.[1]
  • Spanish is the most often spoken foreign language among technicians who maintain aircraft, with 59% 7.[1]
  • According to information provided to the U.S. Department of Transportation, airplane maintenance generally represents close to 10% of operational expenses for U.S. passenger airlines.[2]
  • A wide range of MRO services is offered by Aeroman, which is 80% owned by the insolvent Canadian business Aveos Fleet Performance Inc, to U.S. air carriers including southwest airlines, JetBlue, and U.S. airways.[2]
  • Chinese airlines must annually outsource around 70% of their engine overhaul to foreign.[2]
  • 40% of Aeroman’s maintenance personnel speak English well enough to read and understand aircraft repair manuals.[2]
  • In terms of worldwide MRO service providers, OEMs, including top aircraft manufacturers (Boeing and Airbus) and major aircraft engine OEMs, have around 42% of the MRO market share.[2]
  • Major airlines and their MRO companies, such as Air France-KLM and Lufthansa Technik, hold 49% of the MRO industry, with third-party suppliers like TIMCO and TAECO taking the remaining 9%.[2]
  • Between 35% and 70% of the time, air carrier employees were present on the hangar floor monitoring contract repair work.[2]
  • Over half of the over 330,000 mechanics and repairmen that the FAA had certified as of December 2018 were between the ages of 50 and 70, and 97% of them were men, according to GAO examination of FAA data.[6]
  • The size of the commercial aircraft MRO market topped USD70 billion in 2020, and it is projected to increase at a CAGR of over 4.9% between 2021 and 2027.[3]
  • The Asia Pacific commercial aircraft MRO industry will rise by over 5.5% in 2027.[3]
  • Increased demand for engine MRO services will support market growth. By 2027, the commercial aircraft MRO market share will be accounted for by 35% of the engine MRO services category.[3]
  • In an Oliver Wyman poll of airline executives and those working in the maintenance, repair, and overhaul sector, 51% of participants cited pay and benefits as a barrier.[4]
  • According to the Oliver Wyman fleet forecast, global airlines will add 10,133 aircraft by 2027, increasing their fleet by 40%.[4]
  • Fuel-efficient aircraft created and manufactured after 2000 will make up 58% of the fleet.[4]

Aviation MRO “Other” Statistics

  • According to the 2003 International Air Transport Association Safety Report, maintenance mistakes were to blame for 26% of accidents.[7]
  • 8% degree percentages for aircraft maintenance technicians wage differences for aircraft maintenance technicians by education high school diploma or less.[1]
  • Aircraft maintenance technician years percentages associate degrees are the most prevalent degree earned by aircraft maintenance technicians, accounting for 43% of all degrees.[1]
  • According to evaluations of maintenance jobs carried out at 4,000 flight hours, 80% of planned maintenance tasks were escalated, 10% stayed at their existing interval, and 10% were de-escalated to reduce the likelihood of unplanned maintenance occurrences.[1]
  • The in-service fleet is expected to increase yearly at a rate of 39% between 2019 and the start of 2024 before slowing to 33% over the following five years. 3.[1]
  • There isn’t much data to back up your concern if, like 25% to 65% of the population, you’re afraid of flying9.[1]
  • With 4.8% of the population speaking it, Portuguese is the second most common language after Italian.[1]
  • Engine MRO continues to be the biggest category, making for over 45% of the overall MRO value, followed by component MRO at over 19%, line maintenance at almost 18%, and HMV at almost 18%.[2]
  • The MRO industry in china generated roughly 2.3 billion in sales in 2010 or about 5% of the world’s total.[2]
  • Regionally, North America and Europe have the biggest MRO markets, accounting for over 57% of the industry.[2]
  • In order to increase their workforce during the next three years, 64% of the executives expect their businesses to recruit mechanics. Of that amount, 23% say they would hire only to maintain existing numbers.[4]
  • To aid mechanics in acquiring the required abilities, 84% of survey participants said that their businesses offered seminars and workshops, while 61% claimed they had partnered with technical institutions or universities.[4]
  • By 2022, a supply-demand disparity between mechanics will emerge in the U.S., reaching a high of 9% by 2027.[4]

Also Read

How Useful is Aviation Mro

One of the main benefits of aviation MRO is the preventative maintenance it provides for aircraft. By regularly inspecting and repairing components before they fail, MRO services help to prevent catastrophic in-flight failures and keep planes operating safely and efficiently. This proactive approach to maintenance not only prevents accidents but also saves airlines money in the long run by reducing the need for costly repairs or replacements.

In addition to preventing accidents, aviation MRO services also help to extend the lifespan of aircraft. By regularly servicing and repairing components, MRO professionals can help to ensure that aircraft remain in service for longer periods of time, maximizing the return on investment for airlines. This is especially important in today’s competitive aviation industry, where airlines are constantly looking for ways to reduce costs and increase efficiency.

Furthermore, aviation MRO services are vital for ensuring regulatory compliance within the aviation industry. Airlines are subject to stringent safety regulations imposed by aviation authorities around the world, and MRO services play a key role in helping airlines to meet these requirements. By ensuring that aircraft are properly maintained and repaired according to regulations, MRO services help to keep planes airworthy and compliant with safety standards.

Another important aspect of aviation MRO is the role it plays in promoting sustainability within the aviation industry. By maintaining and repairing aircraft components rather than replacing them outright, MRO services help to reduce waste and minimize the environmental impact of aviation operations. This is crucial in an era where sustainability is becoming increasingly important to consumers and regulators alike.

Overall, aviation MRO services are an essential component of the aviation industry. From preventing accidents and extending the lifespan of aircraft to ensuring regulatory compliance and promoting sustainability, MRO services provide numerous benefits that help to keep airlines operating safely and efficiently. Without these critical services, the aviation industry would struggle to maintain the high safety standards and reliability that passengers have come to expect.

Reference

  1. webinarcare – https://webinarcare.com/best-aviation-mro-software/aviation-mro-statistics/
  2. everycrsreport – https://www.everycrsreport.com/reports/R42876.html
  3. gminsights – https://www.gminsights.com/industry-analysis/commercial-aircraft-mro-market
  4. oliverwyman – https://www.oliverwyman.com/our-expertise/insights/2017/sep/oliver-wyman-transport-and-logistics-2017/operations/aviation-growth-is-outpacing-labor-capacity.html
  5. statista – https://www.statista.com/topics/3745/global-aircraft-mro-market/
  6. gao – https://www.gao.gov/products/gao-20-206
  7. mainblades – https://mainblades.com/article/4-facts-about-visual-inspections-in-aircraft-maintenance/

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