インドの航空機MRO市場評価：タイプ別、産業別、航空機の種類別、期間別、オペレーター別、地域別、機会、予測、2018年～2032年

インドの航空機MRO市場は、2025年度から2032年度の予測期間中にCAGR 10.9％で2032年度に51億6,150万米ドルに達すると予測され、2024年度には22億5,590万米ドルと評価されています。インドは世界第7位の民間航空市場です。2026年度には世界第2位の市場を追い抜くと予想されており、インドのMRO施設の大幅な拡大成長を目標としています。現在、インドではMROニーズの90％以上を輸入が占めていますが、インド国内のMRO市場はまだ狭い段階にあるもの、大きな発展の可能性を秘めています。

米国、中国に次いで1000機以上の航空機の発注があり、毎年200～300件の重要な整備点検が必要となることから、同国は民間旅客機の世界第3位の買い手になる可能性が高いです。様々な航空会社の老朽化した航空機を入れ替えることで、MROによる再配達契約を満たすことができます。これらの数字は、インドが最終的に世界最大級のMROセンターに成長することを裏付けています。戦略的投資家、相手先ブランド製造業者（OEM）、世界のトップMROオペレーターは、新造航空機の需要が非常に旺盛であり、それに伴うMROの要件が今後数年間続くことを考慮し、インドのMRO産業への投資の可能性を検討すべきです。

保有機数の増加、政府の好意的な介入、消費者需要の増加、労働力の裁定、保有機数の拡大などは、インドにおけるMROサービスの拡大・発展を支える主要な理由の一部です。また、現在の保有機体のかなりの部分がリースであることから、再配達保守契約もインドのMRO事業で予想される能力拡大を支える主要な促進要因と考えられます。

目次

第1章 調査手法と範囲

第2章 航空機の整備、修理、オーバーホールサービスの概要

第3章 インドの民間航空産業

• トラフィックの受信と送信
  • インド全域
  • メトロシティ（デリー、ムンバイ、バンガロール、チェンナイ、コルカタ）
• 航空会社の支出分析

第4章 インドの航空機MRO市場の見通し、2018年度～2032年度

• 市場規模と予測
  • 金額別
• 市場シェアと予測
  • タイプ別
    • メンテナンス
    • 修理とオーバーホール
  • 産業別
    • 乗客
    • 貨物
    • 軍事と防衛
  • 航空機の種類別
    • 航空機
    • ジェッツ
    • ヘリコプター
  • 期間別
    • 定期メンテナンス
    • 予定外のメンテナンス
  • オペレーター別
    • OEMアフターマーケット
    • サードパーティベンダー

第5章 インドの航空機MRO市場マッピング、2024年度

• タイプ別
• 産業別
• 航空機の種類別
• 期間別
• オペレーター別

第6章 価格分析（市場リーダー上位5社）

第7章 インド経済の促進要因と世界ランキング

第8章 マクロビジネス環境の範囲

• PESTEL分析
  • 政治的要因
  • 経済要因（2024年度）
  • 社会的要因
  • 環境要因
  • 法的要因と規制政策
    • 運営のライセンシング条件を含む政府の法律
    • 課税規制
    • インドの空港によるロイヤルティ料金
• ビジネスの容易度
• サプライチェーン分析（産業レベル）
• 市場力学
  • 動向と動向
  • 成長の原動力
  • 成長抑制原因

第9章 主要市場プレーヤー別ベストプラクティスのケーススタディ（最大3つ）

第10章 競合情勢

• 市場トップ5社のSWOT分析
• 市場競争マトリックス
• 上位5社の市場リーダーの市場収益分析（%、2024年度）
• 新興プレイヤーと代替プレイヤー（該当する場合）
• 合併および買収/合弁事業（該当する場合）

第11章 競合の見通し（サービスプロバイダー）

• エアワークスインド（エンジニアリング）株式会社
  • 会社概要
  • 経営幹部
  • 主な製品とサービス
  • 財務状況（報告通り）
  • 主要市場への注力と地理的プレゼンス
• エア・インディア・エンジニアリング・サービス株式会社
• デカンチャーターズ株式会社
• AAR-インダマーテクニクス株式会社
• マックスMRO株式会社
• タージエアリミテッド
• バード・エグゼキュージェット・エアポート・サービス・プライベート・リミテッド
• GMRエアロテクニック株式会社
• ヒンドゥスタン・エアロノーティクス・リミテッド（HAL）
• バーラト・エレクトロニクス・リミテッド（BEL）

上記の企業は市場シェアに基づいて注文を保留しておらず、調査作業中に入手可能な情報に応じて変更される可能性があります。

第12章 戦略的提言

• 単独参入またはインド企業との合弁事業
• 事業開始に適した空港
• 無機ルートによる拡大の可能性
• 運航開始予定の航空機の種類
• 投資見積

第13章 調査会社について・免責事項

List of Tables

• Table 1. Competition Matrix of Top 5 Market Leaders
• Table 2. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 3. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Aircraft MRO Market, By Value, In USD Million, FY2018 - FY2032F
• Figure 2. India Aircraft MRO Market Share, By Function Type, In USD Million, FY2018 - FY2032F
• Figure 3. India Aircraft MRO Market Share, By Industry, In USD Million, FY2018 - FY2032F
• Figure 4. India Aircraft MRO Market Share, By Aircraft type, In USD Million, FY2018 - FY2032F
• Figure 5. India Aircraft MRO Market Share, By Periodicity, In USD Million, FY2018 - FY2032F
• Figure 6. India Aircraft MRO Market Share, By Operator, In USD Million, FY2018 - FY2032F
• Figure 7. Type Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 8. Industry Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 9. Aircraft Type Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 10. Periodicity Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 11. Operator Map-Market Size (USD Million) & Growth Rate (%), FY2024

India Aircraft MRO Market is anticipated to reach USD 5161.5 million in FY2032 at CAGR of 10.9% during the forecast period FY2025-FY2032 and is valued at USD 2255.9 million in FY2024. India is the seventh-largest market for civil aviation worldwide. By FY2026, it is anticipated to overtake the second-largest market in the world, targeting a significant expansion growth for MRO facilities in India. Currently, imports in India account for over 90% of MRO needs, though domestic MRO market in India is still in narrower phase, it has enormous development potential.

The country is likely to become the third-largest buyer of commercial passenger planes in the world as there is an order value of more than 1000 aircrafts after US and China which results in 200-300 significant maintenance inspections being needed every year. Redelivery contracts can be met by MRO by replacing ageing aircraft in the fleets of various carriers. These numbers support the fact that India will eventually grow into one of the biggest MRO centres in the world. Strategic investors, Original Equipment Manufacturers (OEMs), and top MRO operators worldwide should consider investment potential in the Indian MRO industry given the sheer intensity of the demand for new aircraft and the ensuing MRO requirements over the future years.

Increasing fleet size, favourable governmental interventions, rising consumer demand, labour arbitrage, and expanding fleet size are a few of the major reasons that may support the expansion and development of MRO services in India. Redelivery maintenance contracts can also be considered as a key growth driver to support anticipated capacity expansion in the Indian MRO business, given that a sizeable amount of the current fleet is leased.

Growing Fleet Size Because of Increasing Demand Supports the India Aircraft MRO Market Growth

MRO demand in India is expected to increase considerably more quickly than the rest of the world, creating lucrative investment prospects for both domestic and international investors, OEMs, and top MROs worldwide. Numerous domestic and overseas investors are showing interest towards making investments in India's MRO business due to recent mergers & acquisition taking place in the country. For instance, the MoU between Air India Engineering Services Ltd. (AIESL) and Pratt & Whitney, which aims to open a joint engine MRO facility in Mumbai, and the partnership between the Wadia group and SIA Engineering Company, which has been a significant development in the industry.

Diverse, Affordable Pool of Engineers is Readily Available Providing Lucrative Opportunities

India is renowned throughout the world for its robust engineering education equally applicable to the MRO sector as lot of potential from having a capable and strong crew . The availability of highly competent engineers who can be taught for a variety of technical MRO tasks is one of India's most important advantages to the rest of the world. The cost of labour, which accounts for a sizeable portion of the total cost of maintaining an airframe and its components, is significantly lower in India than it is elsewhere in the world, resulting in higher labour arbitrage.

Technological Advancements Driving the Market Growth

The Indian Aircraft MRO market is significantly influenced by technology. Predictive maintenance, artificial intelligence, and advanced analytics have altered the nature of maintenance operations. These technologies have improved efficiency, reduced downtime, and increased safety standards, this further propels the market growth. Further, the implementation of digital tools enables better monitoring of maintenance schedules and regulatory compliance. The adoption of these technologies in airlines and MRO providers leads to optimized operations through cost savings and enhancement of service quality. These enhancements drive the growing demand for MRO services.

For instance, in November 2023, Airbus SE partnered with Hindustan Aeronautics Limited (HAL) to strengthen the aircraft Maintenance, Repair, and Overhaul (MRO) industry in India. This collaboration aims to support HAL's entry into servicing commercial aircraft, particularly the A320 family. Airbus will provide HAL with the A320 family tool package and specialized consulting services. This partnership aligns with the Make in India initiative and aims to develop a strong indigenous MRO infrastructure.

Government Schemes

Vision 2040

Ministry of Civil Aviation has released Vision 2040 goal in FY2019 which will ensure to make India a global MRO hub that will meet the need of around 90% of MRO requirements and also foreign-registered aircraft generate at least 20% of the revenue for the Indian MRO sector.

Impact of COVID-19 on India Aircraft MRO Market

The pandemic has caused an oversupply of MRO services, which has hindered the expansion of the Indian MRO sector, which was anticipated to experience significant growth following the tax reforms of 2021. Additionally, creating an MRO ecosystem takes significant investment and extended lead times, these elements have had a big impact on the market. The pandemic effects have drastically decreased airline and MRO business while only marginally lowering prices. Players in the aerospace business now have less funding options due to the resulting drop in profitability.

Since most major inspections are now driven after COVID-19 outbreak, aircraft MRO sector is growing significantly. Regulators and OEMs have given short-term flexibility in scheduling airframe maintenance, but before an aircraft in hangar that passes an airframe check threshold can be put back into service, it must go through the necessary maintenance. There may be a short-term capacity issue with airframe as many of these aircraft will require tests conducted before they can return to service with over 2,500 aircraft anticipated to be taken from hangar in 2021 and 1,500 more in 2022. Given that many aircraft will be scheduled for inspections in the next two years, the large number of aircrafts return to service could lead to increased demand of the MRO services.

Impact of Russia-Ukraine War on India Aircraft MRO Market

Russia-Ukraine war has indirectly impacted the India Aircraft MRO Market as it affects the pricing of import of aviation oil in India. As a result, there is a noticeable change of air ticket pricing and rerouting of flights specially between Russia and India that affects trade business between India and Russia. These instances affected the Indian air travel industry which affected the India Aircraft MRO market significantly.

Key Player Landscape and Outlook

Strategic long-term alliances and contracts are expected to play a vital role in maximising the revenue share of commercial companies. Air Works India (Engineering) Pvt. Ltd., Air India Engineering Services Ltd., Deccan Charters Ltd., AAR-Indamer Technics Private Limited, Max MRO Pvt. Ltd., Taj Air Limited, Bird ExecuJet Airport Services Private Limited, GMR Aero Technic Ltd., Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL) are the key players dominating India Aircraft MRO Market.

Table of Contents

1. Research Methodology and Scope

2. Aircraft Maintenance, Repair and Overhaul Service Overview

3. India Civil Aviation Industry

• 3.1. Traffic Inbound and Outbound
  • 3.1.1. Pan India
  • 3.1.2. Metro Cities (Delhi, Mumbai, Bengaluru, Chennai, Kolkata)
• 3.2. Airline Expenditure Analysis

4. India Aircraft MRO Market Outlook, FY2018 - FY2032F

• 4.1. Market Size & Forecast
  • 4.1.1. By Value
• 4.2. Market Share & Forecast
  • 4.2.1. By Type
    • 4.2.1.1. Maintenance
      • 4.2.1.1.1. Line Maintenance
      • 4.2.1.1.2. Component Maintenance
      • 4.2.1.1.3. Airframe Maintenance
      • 4.2.1.1.4. Engine Maintenance
    • 4.2.1.2. Repair and Overhaul
  • 4.2.2. By Industry
    • 4.2.2.1. Passenger
    • 4.2.2.2. Cargo
    • 4.2.2.3. Military and Defence
  • 4.2.3. By Aircraft Type
    • 4.2.3.1. Aircraft
      • 4.2.3.1.1. Wide Body
      • 4.2.3.1.2. Narrow Body
    • 4.2.3.2. Jets
    • 4.2.3.3. Helicopters
  • 4.2.4. By Periodicity
    • 4.2.4.1. Scheduled Maintenance
    • 4.2.4.2. Unscheduled Maintenance
  • 4.2.5. By Operator
    • 4.2.5.1. OEMs Aftermarket
    • 4.2.5.2. Third Party Vendors

5. India Aircraft MRO Market Mapping, FY2024

• 5.1. By Type
• 5.2. By Industry
• 5.3. By Aircraft Type
• 5.4. By Periodicity
• 5.5. By Operator

6. Pricing Analysis (Top 5 Market Leaders)

7. Indian Economy Driving Factors and Global Ranking

8. Macro-Business Environmental Scope

• 8.1. PESTEL Analysis
  • 8.1.1. Political Factors
  • 8.1.2. Economic Factors (FY 2024)
  • 8.1.3. Social Factors
  • 8.1.4. Environmental Factors
  • 8.1.5. Legal Factors & Regulatory Policies
    • 8.1.5.1. Government Laws Including Licensing Terms for Operations
    • 8.1.5.2. Taxation Regulations
    • 8.1.5.3. Loyalty Fees By Indian Airports
• 8.2. Ease of Doing Business
• 8.3. Supply Chain Analysis (Industry Level)
• 8.4. Market Dynamics
  • 8.4.1. Trends and Developments
  • 8.4.2. Growth Drivers
  • 8.4.3. Growth Inhibitors

9. Best Practice Case Studies by Key Market Players (Upto Three)

10. Competitive Landscape

• 10.1. SWOT Analysis of Top Five Market Players
• 10.2. Market Competition Matrix of Top 5 Market Leaders
• 10.3. Market Revenue Analysis of Top 5 Market Leaders (in %, FY2024)
• 10.4. Emerging Players and Substitutes (If Any)
• 10.5. Mergers & Acquisitions/ Joint Ventures (If Any)

11. Competition Outlook (Service Providers)

• 11.1. Air Works India (Engineering) Pvt. Ltd.
  • 11.1.1. Company Details
  • 11.1.2. Top Management Personnel
  • 11.1.3. Key Products & Services
  • 11.1.4. Financials (As reported)
  • 11.1.5. Key Market Focus & Geographical Presence
• 11.2. Air India Engineering Services Ltd.
• 11.3. Deccan Charters Ltd.
• 11.4. AAR-Indamer Technics Private Limited
• 11.5. Max MRO Pvt. Ltd.
• 11.6. Taj Air Limited
• 11.7. Bird ExecuJet Airport Services Private Limited
• 11.8. GMR Aero Technic Ltd.
• 11.9. Hindustan Aeronautics Limited (HAL)
• 11.10. Bharat Electronics Limited (BEL)

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work

12. Strategic Recommendations

• 12.1. Standalone Entry or Joint Venture with Indian Player
• 12.2. Feasible Airports to Start Business
• 12.3. Possibility of Expansion Through Inorganic Route
• 12.4. Type of Aircraft to Begin Operations
• 12.5. Investment Estimates

13. About Us & Disclaimer