skip to Main Content
MRO Investments To Gravitate Towards Southeast Asia

Charting The Flight Path: MRO Investments To Gravitate Towards Southeast Asia

As aviation industry gears up for a potential boom in the region, what does 2024 hold for the sector for MRO? Uncover the countries poised to reap the benefits and navigate the upcoming aviation landscape.  

According to a report by Allied Market Research, “Southeast Asia Air Transport MRO Market by Aircraft Type, End-Use, Organization Type, and Service Type: Southeast Asia Opportunity Analysis and Industry Forecast, 2021–2032,” the Southeast Asian air transport MRO market was valued at US$5,259.1 million in 2021, and is projected to reach US$13,481.3 million by 2032, registering a CAGR of 7.8% from 2022 to 2032.

The Air Transport MRO (Maintenance, Repair, and Operations) sector plays a vital role in ensuring safe and efficient aircraft operation. It encompasses a range of services and activities necessary to maintain & repair aircraft, systems, and components throughout their operational lifespan.

MRO services cover various aspects, including routine inspections, scheduled maintenance, unscheduled repairs, component replacements, and overall management of aircraft maintenance programs. These services are conducted by specialised MRO companies, both in-house by airlines and outsourced to third-party providers, and adhere to strict regulatory standards and guidelines to ensure compliance with safety regulations.

The return of air travels are jump starting MRO investments. Greater penetration in the commercial sector hike MRO activities in Southeast Asia.

However, the biggest challenge as seen in other industries — shortage of skilled labour and jammed supply chains are thwarting its momentum. Allied Market Research added supportive government policies by the government of the Southeast Asian countries and technological advancement by the market players are expected to provide lucrative opportunities for the expansion of the Southeast Asian air transport MRO market.



Read more here 


What You Missed:



GE Aerospace To Establish ‘Smart Factory’ At Singapore Aircraft Engine Repair Facility
Boeing Review Reveals Appalling Disconnect Between Hierachies
Another Black Mark For Boeing For Damaged Wing Discovered Mid-Air
Solar Energy : When Sunlight Becomes Fuel
Global Semiconductor Revenues Decline 8.8% In 2023; AI Promises Gains In 2024
Vietnam FDI Forecast To Remain Strong Through 2024
Japan Sinks Into Recession, Surprising Many Economists
Changi Airport Tests Aurrigo Autonomous Baggage Handling Vehicle
Spirit To Ramp Up Robotics To Reduce 737 Fuselage Problems
Tesla Recalls 2 Million Cars Over Brake System Warning Light
Robotaxi Firm Motional Loses Funding From Aptiv






CONNECT WITH US:  LinkedIn, Facebook, Twitter


Letter to the Editor
Do you have an opinion about this story? Do you have some thoughts you’d like to share with our readers? APMEN News would love to hear from you!



Email your letter to the Editorial Team at [email protected]

GE Aerospace To Establish ‘Smart Factory’ At Singapore Aircraft Engine Repair Facility
eVTOL Aircrafts May Dominate The Skies
Back To Top