ANT Industries is positioning itself to capture further growth in the global aerospace maintenance, repair and overhaul (MRO) market, as new research underlines the expanding scale and strategic importance of avionics support across commercial and defence aviation.
According to a newly released Aircraft Avionics MRO Research Report from ResearchAndMarkets.com, the global aircraft avionics MRO market was valued at $7.1 billion in 2024 and is forecast to reach $10.3 billion by 2035, growing at a compound annual growth rate of 3.8 per cent. The growth is being driven by rising global passenger traffic, fleet expansion, increasingly complex digital avionics systems, and tighter regulatory and safety requirements.
For ANT Industries, the findings reinforce the strategic direction the group has been pursuing as it continues to diversify its aerospace footprint, particularly within high-value, regulation-intensive segments of the supply chain.
Shaun Rowley, Managing Director of ANT Industries, said the report highlights a market undergoing structural change rather than cyclical growth.
“Avionics MRO is becoming a critical enabler of fleet availability and safety.” Rowley said. “As aircraft systems become more digital, data-driven and software-intensive, the demand for specialist capability, traceability and regulatory discipline increases significantly. That plays to the strengths of businesses that understand aerospace quality, compliance and long-term customer partnerships.”
The ResearchAndMarkets analysis points to technological complexity as a central growth driver, with modern cockpits increasingly reliant on integrated flight management systems, advanced navigation and communication equipment, predictive maintenance platforms and AI-enabled diagnostics. These advances are raising the technical bar for MRO providers, while also increasing the strategic value of trusted suppliers within OEM and airline ecosystems.
North America is expected to remain the largest avionics MRO market, supported by its mature aviation infrastructure, large commercial fleets and defence programmes. However, Asia-Pacific is forecast to be the fastest-growing region, underpinned by rapid airline expansion, rising passenger demand and substantial government investment in aviation infrastructure across markets such as China and India.
Rowley said these global dynamics are closely aligned with ANT Industries’ long-term view of aerospace growth.
“What we’re seeing globally mirrors what our customers are telling us locally – more emphasis on reliability, digital readiness and supply chain resilience,” he said. “As airlines and operators seek to reduce downtime and manage increasingly complex systems, there is clear opportunity for UK-based aerospace suppliers that can support precision, compliance and scalability.”
The report also highlights a wave of strategic partnerships and joint ventures across the sector, including recent collaborations involving Honeywell Aerospace, Lufthansa Technik, Safran and Boeing, reflecting a market that is consolidating around technology depth and global reach. While the avionics MRO landscape remains moderately consolidated, competition is increasingly focused on innovation, data integration and lifecycle management rather than purely cost.
For ANT Industries, the avionics MRO outlook supports its broader aerospace strategy, which is centred on high-integrity manufacturing, value-added services and selective expansion into adjacent aerospace markets.
“This is about aligning with the parts of aerospace that are growing because they are mission-critical. Avionics MRO is one of those areas, and the fundamentals behind its growth are long-term and structural” Rowley added.
As the global aviation sector continues its post-pandemic recovery and fleet modernisation accelerates, ANT Industries believes the convergence of digital technology, regulatory pressure and operational efficiency will continue to reshape the aerospace MRO landscape – creating new opportunities for specialist suppliers able to meet the industry’s rising expectations.