Research Methodology – Aircraft Maintenance, Repair and Overhaul 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 Aircraft Maintenance, Repair and Overhaul Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Aircraft Maintenance, Repair and Overhaul Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Number of active aircraft fleets globally and their age.
- Frequency of aircraft maintenance cycles and regulatory requirements for maintenance, repair, and overhaul (MRO).
- Economic conditions influences on airlines' expenses for aircraft MRO services.
- Technological advancements and adoption rates in the MRO industry.
- Competition among service providers in terms of pricing, quality, and service offerings.
- Growth and expansion rates of low-cost carriers and their impact on the MRO market.
- Service outsourcing trends in the airline industry.
- Changes in the regulatory environment concerning environmental sustainability and safety standards.
Key Market Indicators
- Global fleet size, categorized by aircraft type and age.
- Rate of aircraft retirements and new deliveries.
- Overall airlinesâ profitability and its allocation for MRO services.
- Growth rates of passenger and freight traffic.
- Adoption rates of new technologies in aircraft maintenance and repair.
- Rate of outsourcing MRO services by airlines.
- Market share of leading MRO service providers.
Growth Trends
- Increasing demand for MRO services due to the ageing global aircraft fleet.
- Growth in low-cost carriers driving the demand for cost-effective MRO services.
- Digitization and adoption of advanced technologies in MRO services.
- Increasing trend of MRO service outsourcing by airlines to specialized providers.
- Increasing emphasis on reducing aircraft downtime, driving the demand for efficient MRO solutions.
- Trending towards 'green MRO' focusing on sustainability and reducing environmental impact.
- Regulatory changes emphasizing more on aircraft safety and routine maintenance.
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 Aircraft Maintenance, Repair and Overhaul 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 Aircraft Maintenance, Repair and Overhaul 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