Helicopter MRO Services Market Size, Share, Growth Analysis, By Helicopter Type(Lightweight, Medium-Weight, Heavy-Weight Helicopters), By Application(Civil, Military Helicopters), By MRO Service Operators(Flight Inspection, Power By The Hour, Overhaul, Repairs), By Region - Industry Forecast 2024-2031

Helicopter MRO Services Market size was valued at US$ 7.68 billion in 2019, and it is expected to reach a value of US$ 11.23 billion by 2031, at a CAGR of 4.62% over the forecast period (2024-2031).

MRO, or maintenance, repair, and overhaul is the phrase used to describe a variety of maintenance procedures performed to maintain an aeroplane’s safety, functionality, and airworthiness. The activity of a helicopter requires regular maintenance and repair. To guarantee the safety of operations, travellers, and teams, it makes sure that rotorcraft are maintained in predefined airworthiness circumstances. A greater number of flights use enhanced composite materials every year. Particularly, the proportion of parts composed of glass, wood, or aramid fibres in helicopters has accelerated.

Digital MRO is the practice of performing maintenance, repair, and overhaul (MRO) operations using digital technologies like the Internet of Things, blockchain, artificial intelligence, robotics, augmented reality, virtual reality, digital twins, and 3D printing. These technologies speed up turnaround times and boost productivity. The MRO sector is evolving due to technology improvements, which are also spurring the creation of creative solutions.

US Helicopter MRO Services Market is poised to grow at a sustainable CAGR for the next forecast year.