Gaining altitude: Positive economic conditions are expected to catalyze demand for industry services

The Aircraft Maintenance, Repair and Overhaul (MRO) industry in Canada has grown over the five years to 2019 amid positive macroeconomic factors. The increasingly interconnected network of air traffic globally and domestically has facilitated stable demand for industry services. Industry performance is directly tethered to air traffic patterns, which increases wear and tear on existing aircraft and foments investment into new fleet and aircraft. Since all aircraft require regular maintenance, an increase in the number of flight hours per aircraft facilitates an increase in demand for MRO services. Downstream demand is typically derived from consumer, business and defence more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24
Market Share of Companies

Industry Threats & Opportunities

  • Federal defence spending has been on the rise and improved disposable income levels have boosted demand from the consumer level
  • Operators have benefited from a healthy domestic and global economy
  • Rising tourist arrivals globally will bolster air traffic to key locations
  • Industry Report - Starting a New Business Chapter

    The Aircraft Maintenance, Repair and Overhaul (MRO) industry in Canada is characterized by moderate barriers to entry. While capital requirements for this industry are relatively modest compared with other aircraft-related industries, new entrants in this industry often encounter significant start-up costs relating to compliance costs, the purchase of specialized equipment and the acquisition of skilled labour. For instance, entrants require trained and certified personnel to perform maintenance and carry out inspections, and this requirement of specific knowledge and human capital often acts as a barrier to success for potential operators. Mor...purchase to read more.

    Additional Insights for the Aircraft Maintenance, Repair & Overhaul Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Aircraft Maintenance, Repair & Overhaul Industry are

  • Proximity to key markets
  • Must have licence
  • Ability to compete on tender
  • IBISWorld analysts also discuss how external factors such as Inbound international travel and International trips by Canadian residents in the Aircraft Maintenance, Repair & Overhaul industry impact industry performance..

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    What's in this report

    What is the Aircraft Maintenance, Repair & Overhaul Industry?

    This industry services, repairs, overhauls and maintains aircraft, except on a factory basis, while also providing ancillary support services for air transportation operations including inspections and testing, among other activities. This does not include providing janitorial and cleaning services for airlines or providing food catering services for airlines.

    Industry Products
  • Airframe and aerostructure repair and maintenance
  • Modifications
  • Engine repair and maintenance
  • Components repair and maintenance
  • Scheduled maintenance
  • Industry Activities
  • Maintenance, repair and overhaul (MRO) of aircraft, rotorcraft and individual parts
  • Ferrying services between departure gates and taxiways for aircraft and rotorcraft
  • Inspection and testing services for aircraft and rotorcraft
  • Aircraft upholstery repair
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Inbound international travel
  • International trips by Canadian residents
  • Consumer spending
  • Corporate profit
  • World price of crude oil

  • Current Performance
  • Supply chain turbulence
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Air traffic: gaining altitude
  • Scheduled maintenance
  • Table: Aircraft Maintenance, Repair & Overhaul Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Aircraft Maintenance, Repair & Overhaul Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Oil Drilling & Gas Extraction in Canada
  • Iron Ore Mining in Canada
  • Scheduled Air Transportation in Canada
  • Heavy Equipment Rental in Canada

  • Key Selling Industries
  • Aircraft, Engine & Parts Manufacturing in Canada
  • Engine & Turbine Manufacturing in Canada
  • Gasoline & Petroleum Wholesaling in Canada
  • Navigational Instrument Manufacturing in Canada
  • Space Vehicle & Missile Manufacturing in Canada

  • Products & Services
  • Engine repair and maintenance
  • Components repair and maintenance
  • Scheduled maintenance
  • Airframe and aerostructure repair and maintenance
  • Modifications
  • Chart: Aircraft Maintenance, Repair & Overhaul Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Commercial airlines
  • Regional and local airlines
  • Defence
  • Private and government
  • Space
  • Chart: Major Market Segmentation for the Aircraft Maintenance, Repair & Overhaul Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Aircraft Maintenance, Repair & Overhaul

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Aircraft Maintenance, Repair & Overhaul Industry

  • Industry Globalization
    United Technologies Corporation,
  • Table: United Technologies Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Aircraft Maintenance, Repair & Overhaul Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Aircraft Maintenance, Repair & Overhaul Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Marketing (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)
  • International trips by Canadian residents (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • The measure of an aircraft's ability for sustained flight, dictated by a certification of airworthiness governed by the Canadian Aviation Regulations.
  • Avionics
  • All electronics used in aviation, although typically referring to navigational instruments.
  • Fixed Base Operators (Fbo)
  • Service centres located at airports that can be either a private enterprise or a department of the airport's municipality.
  • Flight Hours
  • The amount of time an aircraft spends in the air. This is a typical measurement to estimate how often maintenance is required on a vehicle.
  • Line Maintenance
  • Regular, scheduled maintenance for an aircraft or rotorcraft, the frequency of which is typically dictated by the number of flight hours in operation. These are categorized under A, B, C and D checks.
  • Maintenance, Repair And Overhaul (Mro)
  • These are the primary services of the industry, which includes regular scheduled maintenance, ad hoc repairs and complete overhauls.
  • What Our Customers Say

    Why buy this report?

    The Aircraft Maintenance, Repair & Overhaul market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
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    This report on Aircraft Maintenance, Repair & Overhaul:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Aircraft Maintenance, Repair & Overhaul market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Aircraft Maintenance, Repair & Overhaul, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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