India Aircraft Maintenance, Repair and Overhaul Market Size & Outlook, 2025-2032
India Aircraft Maintenance, Repair and Overhaul Market Size
According to Straits Research analysis, The India Aircraft Maintenance, Repair and Overhaul Market was valued at USD 3369.97 Million in 2024 and is projected to reach USD 6435.89 Million by 2032, expanding at a CAGR of 8.4% during the forecast period. Key factors propelling this growth are increasing air traffic, the rise of low-cost carriers, and advancements in aircraft technologies. Industries such as agriculture and energy are increasingly using aircraft for crop surveillance and offshore exploration respectively, driving the need for regular maintenance and repair. Emerging trends, like green production and technological prowess, provide ample opportunities for market expansion. Moreover, the promising export potential can also fuel growth. As India continues to invest in aviation infrastructure and policy reform, it is well-poised to become a key player in the Aircraft Maintenance, Repair and Overhaul Market in the coming years.
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Aircraft Maintenance, Repair and Overhaul Market Highlights
- In 2024, Engine accounted for the highest share of the By Aircraft Division market size.
- During the forecast period, Cabin Interior is set to register the highest growth, making it the most lucrative By Aircraft Division segment.
- In 2024, India represented 3.71% of the overall global aircraft maintenance, repair and overhaul market size.
- United States is projected to lead the global aircraft maintenance, repair and overhaul market size by 2032.
- Across Asia Pacific, China is anticipated to hold the dominant position in market by 2032.
- India is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 58503 Million by 2032.
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2020-2032 |
| Historical Period | 2020-2023 |
| Forecast Period | 2025-2032 |
| Market Size In 2024 | USD 3369.97 Million |
| Market Size In 2032 | USD 6435.89 Million |
| Largest segment | Engine |
| Fastest segment | Cabin Interior |
| Units | Revenue in USD Million |
| CAGR | 8.4% (2025-2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
India Aircraft Maintenance, Repair and Overhaul Market Share By By Aircraft Division
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| By Aircraft Division |
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| By Type |
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| By Service |
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| Aircraft Division |
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| Type |
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| Service |
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India Aircraft Maintenance, Repair and Overhaul Market By By Aircraft Division 2032
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Aircraft Maintenance, Repair and Overhaul Market By By Type 2032
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Aircraft Maintenance, Repair and Overhaul Market By By Service 2032
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Aircraft Maintenance, Repair and Overhaul Market By Aircraft Division 2032
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Aircraft Maintenance, Repair and Overhaul Market By Type 2032
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Aircraft Maintenance, Repair and Overhaul Market By Service 2032
Source: Straits Research Analysis Company Publications, Primary Interviews.
