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Commercial and Military Aircraft MRO Market to grow by USD 20.82 Billion (2024-2028), driven by demand for advanced avionics, with AI shaping market trends – Technavio

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NEW YORK, Dec. 3, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global commercial and military aircraft MRO market size is estimated to grow by USD 20.82 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.64%  during the forecast period. Growing demand for advanced synthetic vision avionic systems is driving market growth, with a trend towards integration of advanced weapons into aircraft. However, high cost and unavailability of spare parts  poses a challenge. Key market players include A J Walter Aviation Ltd., AAR Corp., Airbus SE, Avia Solutions Group PLC, Aviation Technical Services, Barnes Group Inc., Delta Air Lines Inc., General Electric Co., Israel Aerospace Industries Ltd., Lockheed Martin Corp., MRO Holdings, MTU Aero Engines AG, RTX Corp., Safran SA, Singapore Technologies Engineering Ltd., SR Technics Switzerland Ltd., StandardAero, Thales Group, The Boeing Co., and Turkish Airlines.

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Commercial And Military Aircraft Mro Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.64%

Market growth 2024-2028

USD 20.82 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.36

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 33%

Key countries

US, China, Russia, Germany, and India

Key companies profiled

A J Walter Aviation Ltd., AAR Corp., Airbus SE, Avia Solutions Group PLC, Aviation Technical Services, Barnes Group Inc., Delta Air Lines Inc., General Electric Co., Israel Aerospace Industries Ltd., Lockheed Martin Corp., MRO Holdings, MTU Aero Engines AG, RTX Corp., Safran SA, Singapore Technologies Engineering Ltd., SR Technics Switzerland Ltd., StandardAero, Thales Group, The Boeing Co., and Turkish Airlines

Market Driver

The commercial and military aircraft Maintenance, Repair, and Overhaul (MRO) market is expected to grow due to increasing investments in military aircraft upgrades. European countries, including the UK, Germany, Italy, Spain, France, and Sweden, have developed advanced air-to-air missiles with longer ranges, supersonic speeds, precision guidance, and self-propelled capabilities. These advancements in military technology will necessitate frequent MRO services for military aircraft fleets, driving market growth. Geopolitical tensions worldwide are fueling this demand, with countries strengthening their defenses in anticipation of potential conflicts. 

The Commercial and Military Aircraft Maintenance, Repair, and Overhaul (MRO) market is experiencing significant growth due to increasing demand for aircraft maintenance and upgrades. Components and engines are key areas of focus, with advanced technologies driving efficiency and reliability. Depots and MRO providers are investing in robots and automation to streamline processes and reduce costs. Depots are also adopting digital technologies for predictive maintenance and real-time monitoring. Procurement of new parts and materials is a significant part of the MRO market, with a strong focus on cost-effective solutions. The market is expected to continue growing, driven by the need for fleet modernization and expanding global air travel. 

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 Market Challenges

The military aircraft Maintenance, Repair, and Overhaul (MRO) market faces challenges due to the high cost of upgrading and retrofitting fleets. Economic constraints and budget cuts make it difficult for defense departments to modernize older aircraft like the Boeing C-17 and Lockheed C-130. Widespread cannibalization of parts among aircraft, particularly in demand jets like the EA-6B Prowler, exacerbates the issue. The shortage of compatible parts affects operational effectiveness and may hinder market growth.The Commercial and Military Aircraft MRO market faces several challenges. Aircraft reliability and maintenance are crucial for both civilian and military sectors. The use of advanced technologies like Composites and Related Materials in the production of aircraft bodies and wings necessitates specialized maintenance techniques. The high cost of spare parts and the need for quick turnaround times add to the complexity of the market. Furthermore, the increasing demand for fuel-efficient and environmentally friendly aircraft requires continuous innovation and investment in MRO solutions. Engines, Avionics, and Structures are key areas of focus for MRO providers. The market is competitive, with many players offering various services, from basic maintenance to complex overhauls. The challenge lies in providing cost-effective and efficient solutions while maintaining high quality and safety standards.

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Segment Overview 

This commercial and military aircraft mro market report extensively covers market segmentation by 

Sector 1.1 Military aircraft MRO1.2 Commercial aircraft MROComponent 2.1 Engine overhaul2.2 Airframe maintenance2.3 Line maintenance2.4 Modification2.5 ComponentsGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Military aircraft MRO-  The global military and commercial aircraft Maintenance, Repair, and Overhaul (MRO) market is experiencing significant growth due to increasing investments in modernizing existing fleets and enhancing readiness and performance. Governments worldwide prioritize maintaining operational aircraft for crisis deployment. Budget constraints have led to more spending on maintenance services, including collaborations between MRO providers and the defense industry. Notable examples include NATO’s USD150 million contract for C-17 military transport aircraft fleet maintenance and DynCorp International’s USD22 million contract for aviation field maintenance and sustainment. These collaborations and M&A activities are driving market growth during the forecast period.

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Research Analysis

The Commercial and Military Aircraft MRO market is experiencing significant growth due to the increasing demand for aircraft maintenance, repair, and overhaul services. Technological problems and manpower-related challenges are key factors driving this trend. OEMs are integrating advanced technologies such as machine learning, artificial intelligence, robotics, drones, big data, and blockchain technologies to enhance efficiency and productivity in the engine overhaul segment. Rapid urbanization and increasing air traffic volumes have led to higher aircraft utilization and air travel, resulting in a greater need for technical maintenance jobs. The engine MRO market, including field maintenance and depot maintenance, is expected to continue expanding to meet the demands of the aviation industry. Workforce supply and labor force costs, particularly for experienced workers, remain critical concerns for the industry.

Market Research Overview

The Commercial and Military Aircraft MRO (Maintenance, Repair, and Overhaul) market encompasses the maintenance services required for the upkeep of commercial and military aircraft fleets. This market is driven by the increasing demand for aircraft fleet expansion and the need for aircraft to remain airworthy. Technological advancements, such as the implementation of digital solutions and the use of composites in aircraft structures, are also influencing the market. The MRO sector comprises various activities, including heavy maintenance, line maintenance, engine maintenance, and component maintenance. The market is segmented based on aircraft type, platform, and region. The global MRO market for commercial and military aircraft is expected to grow significantly over the next decade due to the increasing demand for aircraft maintenance and the need to ensure the safety and reliability of aircraft fleets.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

SectorMilitary Aircraft MROCommercial Aircraft MROComponentEngine OverhaulAirframe MaintenanceLine MaintenanceModificationComponentsGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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3M announces collaboration with GSEO to advance Expanded Beam Optical manufacturing and development

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ST. PAUL, Minn., Oct. 19, 2026 /PRNewswire/ — 3M (NYSE: MMM) today announced a collaboration with Genius Electronic Optical Co., Ltd. (GSEO, Taiwan: 3406), an optical technology company, to advance technology development and manufacturing for 3M’s Expanded Beam Optical (EBO) solutions. In support of these efforts, 3M expects to make a strategic investment to acquire approximately 4.7% of GSEO’s common shares as part of the company’s private placement of newly issued shares, subject to customary closing conditions.

The collaboration brings together 3M’s EBO technology leadership, optical interconnect expertise, materials science, manufacturing scale and customer relationships with GSEO’s precision optics manufacturing capabilities and production scale. Together, the companies aim to support EBO commercialization and long-term capacity expansion to meet growing demand from hyperscale data centers and other advanced connectivity applications.

“3M is investing in capabilities and partnerships that can accelerate innovation for our customers,” said William Brown, 3M Chairman and CEO. “By selecting GSEO as a manufacturing partner and investing in the company, we are strengthening the path to scale next-generation optical connectivity solutions for high-performance data center infrastructure.”

GSEO’s existing precision optics manufacturing capabilities and technical development experience are expected to support manufacturing readiness for 3M’s EBO ferrules, co-packaged optics solutions and related optical interconnect applications. The collaboration is part of 3M’s broader EBO ecosystem strategy, which includes continued work with customers and partners across the optical interconnect market.

“GSEO is pleased to expand its relationship with 3M as we work together to advance optical interconnect solutions for next-generation data center infrastructure,” said Micro Kuo, GSEO CEO and President. “This collaboration brings together complementary technology and manufacturing strengths to support continued innovation and help meet the performance demands of high-growth connectivity markets.”

3M expects the strategic investment to close in the fourth quarter of 2026, subject to customary closing conditions.

Forward-Looking Statements
Certain statements in this release are considered “forward-looking statements” under the federal securities laws, including the Private Securities Litigation Reform Act of 1995, as amended, and are intended to enjoy the protection of those laws. Forward-looking statements may appear throughout this release and are typically identified by the words “aim,” “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “evaluate,” “expect,” “forecast,” “future,” “goal,” “guidance,” “impact,” “initial,” “intend,” “likely,” “may,” “outlook,” “plan,” “possible,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “strategy,” “target,” “will,” “would,” and other words that are similar to, or have the opposite meanings of, those words. Forward-looking statements speak only as of the date they are made, 3M assumes no duty to update those statements, and readers are cautioned not to place undue reliance on any of those statements. Forward-looking statements are based on certain assumptions and expectations of future events and trends that are subject to risks and uncertainties, including those described in Part I, Item 1A, “Risk Factors” of 3M’s Form 10-K for the year ended December 31, 2025.

About 3M
3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.

Contacts
3M
Investor Contact:
Diane Farrow, 612-202-2449
Media Contact:
3MNews@mmm.com 

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Scott Vicknair Personal Injury Lawyers Announces Second Annual Operation Fur-Ever Home Pet Adoption Event at Lafreniere Park

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NEW ORLEANS, Oct. 19, 2026 /PRNewswire/ — Scott Vicknair Personal Injury Lawyers is excited to announce the return of its second annual Operation Fur-Ever Home, a free community pet adoption event taking place on Saturday, November 14, 2026, from 9:00 a.m. to 11:00 a.m. at Lafreniere Park in Metairie, Louisiana.

The free, family-friendly event will give attendees the opportunity to meet adoptable pets from local animal shelters, learn about responsible pet ownership, and potentially welcome a new furry companion into their homes. Those who preregister for the event will also be entered for a chance to win a Soundcore speaker and a free pet adoption.

“Last year’s event was everything we hoped it would be, and we are incredibly excited to bring Operation Fur-Ever Home back for a second year,” said David Vicknair, founding partner of Scott Vicknair Personal Injury Lawyers. “There is something special about watching a family meet a pet that could become part of their lives for years to come. We wanted to create another opportunity to make those connections while supporting the organizations that work tirelessly to care for animals in our community.”

Building on the success of the first event, this year’s event continues the firm’s commitment to supporting local animal shelters and creating meaningful opportunities for families throughout Southeast Louisiana.

“Giving back to our community has always been an important part of who we are as a firm,” said Vicknair. “Whether we are helping students prepare for school, recognizing deserving teachers, or supporting local animal shelters, our goal is to make a positive difference in the communities we serve.”

Operation Fur-Ever Home is free and open to the public. Families, animal lovers, and anyone interested in adopting a pet are encouraged to attend and preregister.

About Scott Vicknair Personal Injury Lawyers

Scott Vicknair Personal Injury Lawyers is a New Orleans-based personal injury firm committed to providing exceptional legal representation while also investing in the communities it serves. Their experienced team of dedicated attorneys specializes in car accidents, personal injury, and wrongful death cases in New Orleans. With diverse personal and professional backgrounds, they craft legal strategies tailored to each client’s specific case and needs.

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SOURCE Scott Vicknair Personal Injury Lawyers

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Can we produce low-cost omega-3s without relying on fish?

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GOLD COAST, Australia, Oct. 19, 2026 /PRNewswire/ — Southern Cross University researchers are aiming to halve the cost of producing omega-3 supplements to make these essential nutrients more accessible to pregnant women and infants in low-income countries, backed by the University’s first-ever grant from The Gates Foundation.

The research takes a novel approach: rather than relying on fish oil, the team is going closer to the original source of omega-3. Fish don’t produce omega-3 themselves – they accumulate it from marine microorganisms lower in the food chain.

Led by Professor Dirk Erler from Southern Cross University’s Faculty of Science and Engineering, the team is investigating how these naturally omega-3-producing microorganisms can be grown more cheaply through precision fermentation, including the use of agricultural and food-processing by-products as a source of fermentation sugar.

Omega-3 is an important nutrient during pregnancy and early life, supporting brain and nervous system development in babies. But the cost of supplements remains a significant barrier to access in many low-income countries.

“The main barrier for the uptake of omega-3s as supplements in pregnant women is the cost,” Professor Erler said.

“The whole objective of our project is to reduce that cost and make omega-3 supplements more available.”

The research team at Southern Cross University, which includes biomedical scientist Dr Nedeljka Rosic, Dr Shane McIntosh, postdoctoral researcher Dr Jasmine Haskell and PhD researcher Michael Ingram, is focused on growing omega-3-producing marine microorganisms known as thraustochytrids – or ‘throstys’ for short.

“By growing those microorganisms on land through precision fermentation, we have an alternative way of producing omega-3s that is both reliable and highly targeted,” Professor Erler said.

Precision fermentation allows the researchers to grow thraustochytrids under controlled conditions to produce omega-3 oils. The team is investigating whether expensive feedstocks used in the process can be replaced with lower-cost agricultural and food-processing by-products, helping drive down the overall cost of production.

The approach could also reduce reliance on wild-caught fish as a source of omega-3 oil and create a more reliable, scalable, and local supply.

For biomedical scientist Dr Nedeljka Rosic, the production challenge is ultimately about what greater access to omega-3 could mean for women and babies.

“As a biomedical scientist, my purpose is to find ways to use science to improve people’s health,” Dr Rosic said.

“This project is important because it aims to improve the health of pregnant women and children and reduce preterm births through simple dietary improvements.”

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SOURCE Southern Cross University

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