Aviation MRO Market Size, Share, and Forecasting To 2030

The Global Aviation MRO Market Size was valued at $87.01 billion in 2021 and is expected to reach at a CAGR of 5.27% from 2022 to 2030. The worldwide market is expected to reach USD 133.69 Billion by 2030.The market is anticipated to expand faster due to rising economic growth in emerging nations, rapid urbanisation, and increased business and tourist travel. The market is anticipated to be highly impacted by a number of external factors, including air traffic volumes, the size of the worldwide fleet, and aircraft utilisation. Additionally, more aircraft are anticipated to be produced as a result of the growing air travel by people for both personal and professional reasons, which will have a significant impact on the industry.