Data Snapshot: 10-Year MRO Demand Growth for Europe

Credit: FL Technics

The 2022 Preliminary Commercial Aviation Fleet and MRO Forecast reveals that MRO demand in Eastern and Western Europe combined will represent 25% of the global maintenance market for the 2022-31 period. In value, that share represents a $252 billion out of the $1.013 trillion world total. The European MRO compound annual growth rate (CAGR) comes to 2.3% for the 10-year period. In comparison, the worldwide CAGR 2022-31 MRO growth rate is projected at 3.2%.

The in-service commercial fleet will grow by an annual rate of 2.5% in Europe, compared with the worldwide growth of 3.1%.