Top Companies in North America Aircraft MRO Market
This report lists the top North America Aircraft MRO companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the North America Aircraft MRO industry.
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Lockheed Martin Corporation
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The Boeing Company
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General Electric Company
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Raytheon Technologies Corporation
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Rolls-Royce plc
*Disclaimer: Top companies sorted in no particular order
North America Aircraft MRO Market Concentration
North America Aircraft MRO Company List
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Singapore Technologies Engineering Ltd.
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Delta Air Lines, Inc.
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RTX Corporation
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General Electric Company
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Safran SA
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Rolls-Royce plc
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Honeywell International Inc.
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Lockheed Martin Corporation
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The Boeing Company
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Textron Inc.
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IAG Aero Group
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Lufthansa Technik AG
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AAR Corp.
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StandardAero
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MTU Aero Engines AG
Specific to North America Aircraft MRO Market
Competitive Landscape Report Includes
Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.
North America Aircraft MRO Market Companies Summary
The North America Aircraft MRO Market is expected to grow significantly due to the large fleet of commercial, general, and military aircraft in the region. Several contracts and agreements are being made between aircraft MRO service providers and airlines, defense agencies, and others because of the induction of new aircraft due to ongoing/planned fleet expansion initiatives. The implementation of strict safety standards and new laws by legislative authorities have also encouraged fleet upgrades, which has increased the demand for aircraft MRO services in the region. Additionally, the growth of emission regulations for airspace by various regulatory bodies will generate a greater demand for improved engine maintenance for older aircraft. The aircraft MRO market in North America is semi-consolidated, with several major players holding significant shares in the market. These companies are increasing their focus on IT and technological developments to increase efficiency and reduce the time consumed on MRO activities. The primary revenue generation strategy of these firms is to win long-term contracts from armed forces, airlines, and freight carriers. Strategic alliances among these companies may help them win more contracts while also expanding their reach into unexplored markets in the long run. Predictive maintenance solutions based on artificial intelligence (AI) are also expected to gain traction throughout the projected period. MROs are increasingly using advanced data analytics for inventory management to plan, stock, and optimize spares as needed at the lowest possible cost.
Explore MoreNorth America Aircraft MRO Companies - Table of Contents
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1. COMPETITIVE LANDSCAPE
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1.1 Company Profiles
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1.1.1 Singapore Technologies Engineering Ltd.
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1.1.2 Delta Air Lines, Inc.
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1.1.3 RTX Corporation
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1.1.4 General Electric Company
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1.1.5 Safran SA
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1.1.6 Rolls-Royce plc
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1.1.7 Honeywell International Inc.
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1.1.8 Lockheed Martin Corporation
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1.1.9 The Boeing Company
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1.1.10 Textron Inc.
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1.1.11 IAG Aero Group
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1.1.12 Lufthansa Technik AG
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1.1.13 AAR Corp.
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1.1.14 StandardAero
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1.1.15 MTU Aero Engines AG
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North America Aircraft MRO Companies FAQs
Who are the key players in North America Aircraft MRO Market?
Lockheed Martin Corporation, The Boeing Company, General Electric Company, RTX Corporation and Rolls-Royce plc are the major companies operating in the North America Aircraft MRO Market.