$61 Billion Commercial MRO Market Forecast

Ann Arbor, Mich.-based AeroStrategy is predicting that the MRO market for commercial air transport will reach a value of $61 billion in 2017. According to the AeroStrategy/OAGback MRO market model, air transport was worth $45 billion in 2007, up 10 percent from the 2006 value of around $41 billion. The MRO market is expected to grow 3.1 percent each year over the next decade. Other observations made in the study include that outsourcing will increase from 52 percent last year to 73 percent in 2017 and PMA parts penetration will rise from 2.5 percent to 8 percent over the same period.
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