Aerospace and Defense MRO Market Set to Hit USD 198.6 Billion by 2036, India - CAGR 6.2%, China - CAGR 5.8%, Germany - CAGR 4.4%
The aerospace and defense MRO market is forecast to expand from USD 124.7 billion in 2026 to USD 198.6 billion by 2036, registering a 4.8% CAGR over the forecast period. Fact.MR attributes this expansion to higher aircraft utilization, aging fleets, delayed retirements, longer engine shop visits, and continuing demand for defense sustainment services. The market is projected to generate an...
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