North America is projected to account for 20 percent of the worldwide engine maintenance, repair and overhaul market over the next decade, according to forecast data published by Aviation Week Network. The projection is built on the North American engine fleet climbing to more than 22,200 active engines from roughly 19,300, a 7 percent increase in fleet size.

Over the same period, Aviation Week expects more than 26,000 engine servicing events across the region, a modest 0.5 percent compound annual growth rate. Even with that measured pace of service events, engine MRO spending across North America is projected to grow more than 5 percent over the decade as the market expands and engines require more complex, higher value repairs.

By engine type, the CFM International CFM56 is projected to account for the largest share of North American engine MRO expenditures at 24.3 percent, reflecting its dominance across the region's narrowbody fleet. General Electric's CF6 and CF34 engines follow, each capturing about 14 percent of forecast spending.

The data points to a maturing North American fleet that increasingly favors overhaul and component work over new engine introductions, a trend regional MRO providers and engine shops are positioning to capture as spending shifts toward higher margin repair categories.

Source: Aviation Week Network - https://aviationweek.com/mro/aircraft-propulsion/how-north-american-engine-mro-demand-will-grow