Europe's engine maintenance market is on pace to generate $180 billion in demand between 2026 and 2035, accounting for 21 percent of the $848 billion worldwide engine MRO total over that span, according to data compiled by Aviation Week. The region's engine aftermarket is projected to grow at a compound annual rate of 4.6 percent over the decade, outpacing the 4.1 percent growth rate forecast for the global engine aftermarket as a whole.
The growth is tied in part to an expanding in service fleet, with Europe's commercial engine count projected to grow at a 3.3 percent compound annual rate, compared with 2.8 percent worldwide. Across all maintenance categories, engine work is expected to post the fastest growth of any segment at 4.8 percent annually, driven in part by durability issues on CFM International Leap engines and Pratt and Whitney geared turbofan engines. Those two engine programs alone are expected to generate about $5.1 billion of MRO business worldwide over the forecast period.
Beyond engines, Europe's broader maintenance market is projected to generate more than $366 billion in total demand through 2035, including upward of 26,500 airframe checks and 21,500 engine overhaul events across the region's operators. The figures point to a maintenance sector that continues to expand even as airlines face longer wait times and higher costs for shop visits industry wide.
Source: Aviation Week - https://aviationweek.com/awin-knowledge-center/data-how-much-will-engine-mro-demand-grow-europe