The North American engine Maintenance, Repair, and Overhaul (MRO) market is anticipated to exceed $108 billion by 2033, with over 34,500 engine service events projected during that period. The Aviation Week Network’s 2024 Commercial Aviation Fleet & MRO Forecast indicates a 0.4% compound annual growth rate. The forecast predicts a growth in the number of active engines in North America from just over 19,350 in 2024 to nearly 22,600 in 2033, marking a 16.7% increase. This expansion in the aircraft fleet is expected to lead to a 3.4% increase in engine MRO spending over the next decade.
According to the forecast, GE Aerospace is anticipated to dominate the engine MRO market, accounting for 38% of total expenditures. CFM follows with 33%, and Pratt & Whitney is expected to capture 10% of the market share.
Aviation InterTec Services
At Aviation InterTec Services, we are proud to offer our flagship product RAAS as the go-to maintenance management solution for mid-tier commercial fleet operators. Our system was developed specifically to provide comprehensive and integrated functionality at a cost that is within reach of the mid-tier market. RAAS offers powerful features such as automated real-time airframe time updating, electronic technical dispatch, MPD/MRB driven program management, and paperless/e-signature maintenance processes, all in a scalable, intelligent, and 100% browser-based package.
Our customers have experienced firsthand the benefits of increased efficiency and reduced costs through our easy-to-use inventory management and maintenance support system. With RAAS, you can expect quick deployment, ease of support, and low TCO, all while providing a scalable, efficient, and intelligent maintenance management system. Trust RAAS to provide you with the tools you need to streamline your maintenance processes, reduce costs, and ensure the safety and reliability of your fleet.