Global Military Aircraft MRO Market Soars to $189.8 Billion by 2031!

 

Global Military Aircraft MRO Market Soars to $189.8 Billion by 2031 Amsterdam, Netherlands The Military Aircraft MRO market is a by-product of the military aircraft market. Ownership of military aircraft comes with maintenance, repair and overhaul costs during the lifespan of the aircraft. Thus, the dynamics of the market are directly proportional to the aircraft ownership of the forces around the world. Large and growing aircraft fleets, along with aircraft upgrade programmes for ageing aircraft and Industry 4.0 technologies, have the potential to increase the growth as well as expand revenue of the market. The global market is projected to grow to USD 189.8 billion by 2031, at a CAGR of 3.51% from 2023 to 2031. Read the full story →