Are you looking to add Aviation MRO to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Aviation MRO statistics of 2024.
My team and I scanned the entire web and collected all the most useful Aviation MRO stats on this page. You don’t need to check any other resource on the web for any Aviation MRO statistics. All are here only 🙂
How much of an impact will Aviation MRO have on your day-to-day? or the day-to-day of your business? Should you invest in Aviation MRO? We will answer all your Aviation MRO related questions here.
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On this page, you’ll learn about the following:
Best Aviation MRO Statistics
☰ Use “CTRL+F” to quickly find statistics. There are total 47 Aviation MRO Statistics on this page 🙂Aviation MRO Market Statistics
- With the global aircraft fleet projected to reach over 39,0000 by 2030, the global aircraft MRO is estimated to reach a 10 year consolidated market size value of over 130 billion U.S. dollars. [0]
- It accounted for around 48 percent of the global civil air transport MRO market in 2020 and is projected to reach 64.2 billion U.S. dollars in size by 2030. [0]
- Rising demand for engine MRO services will complement the market progression The engine MRO services segment will account for 35% of the commercial aircraft MRO market share by 2027. [1]
- Get more details on this report Request Free Sample PDF Asia Pacific commercial aircraft MRO market will exhibit over 5.5% growth rate through 2027. [1]
- APAC market will observe a CAGR of over 5.5% through 2027 with rapidly growing commercial aviation sector. [1]
- You get 100% market size estimates, several years of historical data, and unparalleled granularity. [2]
- The annual average growth rate for the MRO market will be 3.5 percent over the decade. [3]
Aviation MRO Latest Statistics
- Based on analyses of maintenance tasks occurring at 4,000 flight hours, 80 percent of scheduled maintenance tasks were escalated, 10 percent remained at their current interval, and 10 percent were de escalated to minimize unscheduled maintenance events. [4]
- As a result of these analyses, 68 percent of task intervals were escalated, 26 percent remained the same, 6 percent were de escalated, and one task was deleted. [4]
- Commercial Aircraft MRO Market Size exceeded USD 70 billion in 2020 and is anticipated to grow at a CAGR of over 4.9% from 2021 to 2027. [1]
- Forecast Period2021 to 2027 Forecast Period 2021 to 2027 CAGR4.9%. [1]
- Market size of commercial aircraft MRO surpassed USD 70 billion in 2020 and will observe a CAGR of over 4.9% through 2027. [1]
- Engine MRO services segment will capture revenue share of over 35% by 2027 as they offer wide range of maintenance and depot maintenance services. [1]
- Airlines and MRO service providers are expected to eliminate 10 15% of their material cost through the use of the platform. [5]
- Within this sector, demand for USM is set to grow at 68% per annum through 2024 when it is expected to reach $7.9 billion. [5]
- Low oil prices will likely support increased demand for air travel Aircraft Maintenance, Repair & Overhaul in Canada industry trends. [6]
- 1,661 poll Average Industry Profit Margin x.x% Purchase this report or a membership to unlock the average company profit margin for this industry. [6]
- 6.4% of all Aircraft Maintenance Technicians are women, while93.6%aremen. [7]
- The most common ethnicity of Aircraft Maintenance Technicians is White (64.2%), followed by Hispanic or Latino (17.7%) and Black or African American (8.1%). [7]
- In 2021, women earned 93% of what men earned. [7]
- The top 10% of highest paid Aircraft Maintenance Technicians earn as much as $62,000 or more. [7]
- Among Aircraft Maintenance Technicians, 6.4% of them are women compared to 93.6% which are men. [7]
- Job Title Male Female Phlebotomy Services Technician 12% 88% Human Service Technician 28% 72% Aircraft Maintenance Technician 94% 6% Crane Mechanic 99% 1% Farm Equipment Mechanic 99% 1% Car Repairman 99% 1%. [7]
- The most common ethnicity among Aircraft Maintenance Technicians is White, which makes up 64.2% of all Aircraft Maintenance Technicians. [7]
- Comparatively, there are 17.7% of the Hispanic or Latino ethnicity and 8.1% of the Black or African American ethnicity. [7]
- White, 64.2% Hispanic or Latino, 17.7% Black or African American, 8.1% Asian, 6.6% Unknown, 2.9% American Indian and Alaska Native, 0.5% Aircraft Maintenance Technician Race Percentages. [7]
- Using the Census Bureau data, we found out how the percentage of each ethnic category trended between 2010 2019 among Aircraft Maintenance Technicians. [7]
- Interestingly enough, the average age of Aircraft Maintenance Technicians is 40+ years old, which represents 56% of the population. [7]
- Aircraft Maintenance Technician Years Percentages The most common degree for Aircraft Maintenance Technicians is Associate Degree 43% of Aircraft Maintenance Technicians earn that degree. [7]
- A close second is Bachelor’s Degree with 24% and rounding it off is High School Diploma with 18%. [7]
- Bachelors, 24% High School Diploma, 18% Diploma, 7% Other Degrees, 8% Aircraft Maintenance Technician Degree Percentages Aircraft Maintenance Technician Wage Gap By Education Education Salary High School Diploma or Less $48,086. [7]
- < 50 employees 50 100 employees 100 500 employees 500 1,000 employees 1,000 10,000 employees > 10,000 Company Size Percentages Employees with the Aircraft Maintenance Technician job title have their preferences when it comes to working for a company. [7]
- By looking over 5,155 Aircraft Maintenance Technicians resumes, we figured out that the average Aircraft Maintenance Technician enjoys staying at their job for 1 2 years for a percentage of 25%. [7]
- The most common foreign language among Aircraft Maintenance Technicians is Spanish at 59.0%. [7]
- The secondmost popular foreign language spoken is Portuguese at 4.8% and Italian is the third most popular at 4.8%. [7]
- Spanish, 59.0% Portuguese, 4.8% Italian, 4.8% French, 3.6% Comanche, 2.4%. [7]
- Between 2019 and the beginning of 2024, we anticipate the in service fleet will grow annually at 3.9 percent—a pace that will slow to 3.3 percent for the next five years. [3]
- Around 60 percent of all lightning strikes occur from March through July. [8]
- It is estimated that the occurrence can cost airlines more than $ 2 billion per year in flight delays or cancellations. [8]
- Luckily, there is a solution to not only decrease the time of aircraft lightning strike inspections by 75% but also minimize the associated costs. [8]
- If you have a fear of flying, like anywhere between 2.5% and 6.5% of the population does, know your anxiety has little evidence to support it. [9]
- However, according to an analysis from the National Transportation Safety Board of nearly 20 years of airline accident data, over 80% of aircraft occupants survived in various emergency situations. [9]
- According to the National Safety Council, your odds of being in a fatal plane crash are one in 188,364. [9]
- Through a series of initiatives to reduce fatal flying accidents, the FAA has a goal of reducing the number of deaths per 100,000 flyers by 24%. [9]
- The most dangerous parts of flying, the final approach and landing phase, accounted for 49% of fatal accidents between 2008 and 2017. [9]
- Combined, these portions of the trip make up 14% of fatal accidents. [9]
- Preliminary aircraft deliveries were valued at $25.2 billion, an increase of 10.2%. [10]
I know you want to use Aviation MRO Software, thus we made this list of best Aviation MRO Software. We also wrote about how to learn Aviation MRO Software and how to install Aviation MRO Software. Recently we wrote how to uninstall Aviation MRO Software for newbie users. Don’t forgot to check latest Aviation MRO statistics of 2024.
Reference
- statista – https://www.statista.com/topics/3745/global-aircraft-mro-market/.
- gminsights – https://www.gminsights.com/industry-analysis/commercial-aircraft-mro-market.
- iata – https://www.iata.org/en/services/statistics/.
- oliverwyman – https://www.oliverwyman.com/our-expertise/insights/2019/jan/global-fleet-mro-market-forecast-commentary-2019-2029.html.
- boeing – https://www.boeing.com/commercial/aeromagazine/articles/2011_q3/3/.
- iata – https://www.iata.org/en/services/statistics/intelligence/mro-smarthub/.
- ibisworld – https://www.ibisworld.com/canada/market-research-reports/aircraft-maintenance-repair-overhaul-industry/.
- zippia – https://www.zippia.com/aircraft-maintenance-technician-jobs/demographics/.
- mainblades – https://mainblades.com/article/aircraft-and-lightning-strikes-here-is-what-the-statistics-say/.
- aircraftmaintenancestands – https://aircraftmaintenancestands.com/blog/how-safe-is-flying-in-the-united-states/.
- gama – https://gama.aero/.
How Useful is Aviation Mro
Without proper maintenance, airplanes would not be able to operate safely. MRO services ensure that all components of an aircraft are functioning correctly and are regularly inspected and maintained. This meticulous attention to detail is essential in preventing potential malfunctions and ensuring the safety of passengers and crew members.
Additionally, MRO services are vital in ensuring that airplanes are able to comply with regulations set forth by aviation authorities. These regulations are in place to protect the safety of passengers and crew members and to maintain the integrity of the aviation industry as a whole. Compliance with these regulations is non-negotiable, and MRO services are responsible for ensuring that aircraft meet all necessary requirements.
In addition to safety considerations, MRO services also play a significant role in maintaining the efficiency and cost-effectiveness of airlines. By ensuring that airplanes are operating at peak performance, MRO services help reduce fuel consumption and maintenance costs. This, in turn, allows airlines to offer more competitive pricing to passengers while maintaining profitability.
While it is easy to overlook the importance of MRO services, they are an essential part of the aviation industry that should not be underestimated. Without proper maintenance, repair, and overhaul services, the safety, reliability, and cost-effectiveness of air travel would be compromised. Airlines would be unable to operate efficiently, regulations would not be met, and passenger safety would be put at risk.
Overall, the value of Aviation MRO services cannot be overstated. They are crucial in ensuring the safety, reliability, and cost-effectiveness of air travel. As technology continues to evolve and airplanes become more complex, the role of MRO services will only become more important. It is essential that airlines continue to invest in MRO services to guarantee the continued success of the aviation industry.
In Conclusion
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