Data Snapshot: Middle East MRO Demand Forecast, 2022-31
The Middle East MRO demand forecast over the next 10 years is the second fastest growing region in the world behind India. MRO demand will increase from $7.8 billion in 2022 to $12.9 billion in 2031 at a compound annual growth rate of 5.8%. Component MRO demand will see the largest growth, almost doubling from 2022-31, following by line maintenance and engine maintenance demand, both increasing by 72% during the timeframe.
MRO demand over this time period will be dominated by widebodies, especially bh the Boeing 777-300ER, the 787-9 and the Airbus A380. For narrowbody aircraft, the A320 and A320neo will take a larger share of the demand than the 737-800 or 737 MAX 8 aircraft.
Source: Aviation Week Intelligence Network Commercial Aviation 2022 Fleet & MRO Forecast