The commercial aviation MRO market value will be $63.2 billion in 2016, according to Aviation Week’s 2016 Commercial Fleet & MRO Forecast. Here are some of the forecast highlights for each region.
• African operators will spend about $2.5 billion on MRO in 2016.
• Expect the in-service fleet to grow to nearly 1,600 by year-end.
• Asia-Pacific operators will spend $13.3 billion on MRO in 2016.
• Engine MRO demand is forecast to be $3.8 billion in 2016.
• China’s civil aviation MRO market will be worth about $4.6 billion in 2016.
• Operators expect to receive 273 new aircraft deliveries worth $29 billion in 2016.
EASTERN EUROPE (Including Russia and the Commonwealth of Independent States)
• The in-service fleet equates to 1,664 aircraft in 2016—up by 83 aircraft from the previous year.
• Expect line maintenance expenses to reach $764 million in 2016.
• Engine maintenance expenditures should be $472 million in 2016.
• Operators based in India will spend $1 billion on MRO this year.
LATIN AMERICA (Including Mexico)
• Latin America will generate more than $3.4 billion in civil aviation MRO activity in 2016.
• Operators will spend $955 million on component MRO.
• Despite downward pressures from oil prices and comparably low load factors, the region shows some of the highest growth in the world. The in-service fleet is expected to grow to a little less than 3,000 aircraft by 2025 from less than 1,800 aircraft in 2016.
• Modifications will account for $548 million of MRO purchasing.
• The North American fleet should total more than 9,400 aircraft in 2016—about 4,200 of them single-aisle.
• This region will generate $17.7 billion in civil aviation MRO expenditures in 2016.
• At $1.7 billion, the region will have the second-highest airframe heavy maintenance expenditures in 2016, after North America.
• Engine maintenance needs will generate $4.6 billion in 2016.
Gallery Take a look at some of the market forces affecting each region at: AviationWeek.com/MROCivil2016