Research Methodology – Aerospace Defense MRO Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Aerospace Defense MRO Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Aerospace Defense MRO Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share
- Number of units of aircraft or defense equipment in operation.
- Demand for repairs and maintenance activities.
- Expected lifespan of the aerospace and defense equipment.
- Investment details in the aerospace and defense sector by different countries.
- Existence of contracts for MRO services.
- Geographic distribution of aircraft and defense equipment.
- Trends in defense spending by each country.
- Impact of technological advancements on the MRO services.
- Market entry or exit of major MRO service providers.
2 Key Market Indicators
- Total Global Defense Budget.
- Number of military aircraft in operation.
- Number of MRO service providers in the market.
- Volume and value of MRO contracts signed.
- Defense Spending as a percentage of GDP.
- Number of ground and naval defense units in operation.
- Value of new and existing contracts for defense equipment manufacturing.
- Trends in military technology advancements.
- Frequency of maintenance and servicing of defense equipment.
3 Growth Trends
- Increasing defense budgets globally.
- Increased focus on aircraft and defense equipment maintenance and service quality.
- Technological advancements in MRO services.
- Growth of the global defense sector.
- Rising demand for advanced military aircraft and equipment.
- Increasing need for regular maintenance and upgradation of defense equipment.
- Growth in outsourcing of MRO services.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Aerospace Defense MRO Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Aerospace Defense MRO Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights