TechSci Press Release

Stringent airworthiness norms and policies along with surging requirement for proper maintenance to drive the growth of India aviation MRO market. According to TechSci Research report,  “ India  Aviation MRO Market  By Industry (Passenger Aviation, Military Aviation, Cargo Aviation), By Component (Engine, Airframe, Line, Avionics, Modifications, Others), By Aircraft Type (Narrow Body, Wide Body, Regional Jet, Others), By End User (OEM, Aircraft Operator, Others), By Region, Forecast & Opportunities, 2025 ” , the India aviation MRO market is expected to grow at an impressive rate during the forecast period on account of growing need to maintain and renovate aircrafts in order to optimize their performance. Additionally, increasing initiatives by the government in terms of implementation of strict norms and policies pertaining to aircraft maintenance is expected to positively influence the market growth. Furthermore, increase in technological innovations is expected to ...

Stringent airworthiness norms and policies to drive global aviation MRO market. According to TechSci Research report,  “ Global  Aviation MRO Market  By Industry, By Component, By Aircraft Type, By End User, By Region, Competition, Forecast & Opportunities, 2025 ” , the global aviation MRO market is projected to reach $ 113 billion by 2025. Growing need to address wear and tear of aircraft components  is one of the major factors boosting the growth of  global aviation MRO market. Moreover, surging demand for low-cost carriers is expected to bode well for the growth of global aviation MRO market during the forecast period. In addition to this, digitalization of aircraft MRO services and supportive government initiatives are positively influencing the global aviation MRO market. Rising number of accidents caused due to carelessness in maintenance activities, is leading to authorities tightening the norms for timely maintenance and repair works, which in turn i...