2018-2028 MRO MARKET FORECAST
TOTAL MRO SPEND in 2018 = $77.4B TOTAL MRO SPEND in 2023 = $91.9B TOTAL MRO SPEND in 2028 = $114.7B SIGNIFICANT DOLLARS WILL BE SPENT BY THE OPERATORS (4% GROWTH ANNUALLY)
ENGINE AIRFRAME COMPONENT DEMAND FOR SERVICE SHOPS IN THE MRO SPACE WILL BE GREAT
NARROW BODY – 45% MARKET SHARE NARROW BODY – 55% BY 2028 WIDE BODY – maintenance intensive and complex, 38% by 2028 THE OPPORTUNITY IS IN NARROW BODY AIRCRAFT
A320ceo/neo B737NG/MAX B777/777X TOP AIRCRAFT PLATFORMS
Trend is for OEMs to be more involved in aftermarket. Significant competition in this space Quality/Reliability/Value propositions PEOPLE CHALLENGES PRESENT GREAT OPPORTUNITIES
Dan Sims President, DN SIMS GROUP/JEKA GROUP Jim Clarke VP Planning and Perf, HAECO Paul Bolton Technical Director, Piedmont Propulsion EXPERIENCE TAKES OFF WITH THIS MRO PANEL
Recommend
More recommend