Oliver Wyman's global fleet and MRO market forecast projects that aircraft maintenance demand will keep climbing through the rest of the decade, extending a maintenance super cycle that began after the pandemic. The United States remains the largest single MRO market and a primary driver of the global totals.

Global MRO demand reached 136 billion dollars in 2025, up about 8 percent from 126 billion dollars in 2024. The forecast expects spending to rise toward nearly 140 billion dollars in 2026 and to approach 193 billion dollars by the end of the decade, which would be close to double the 2019 level. The firm attributes the sustained growth to aging fleets that require more frequent and more extensive maintenance.

That aging dynamic has pushed up prices for both parts and labor, which compounds the spending growth beyond what flight-hour increases alone would produce. The forecast frames the current period as an extended upcycle rather than a short-term spike, because new aircraft deliveries continue to run behind schedule and keep older airframes in service. For US shops, the data points to years of elevated demand alongside persistent pressure on parts availability and technician staffing.

Source: Oliver Wyman - https://www.oliverwyman.com/our-expertise/insights/2026/feb/global-fleet-and-mro-market-forecast-2026-2036.html