The total landing gear MRO demand in Western Europe for the 10-year forecast period is projected at slightly more than $2 billion. The compound annual growth rate (CAGR) of the landing gear market in Western Europe is expected to be around 1.2%. The demand for airframe heavy maintenance in Western Europe will grow faster than the landing gear MRO market at a CAGR of 1.8% over the next decade and produce $17.5 billion in MRO services during this period.
Source: Aviation Week 2019 Commercial Fleet & MRO Forecast. For more information, see http://pages.aviationweek.com/forecasts