Industry growth and updates of the global aircraft fleet will drive the commercial air transport MRO market.
New-generation aircraft, or those designed and built after 2000, are introducing better operating costs thanks to new technologies, which at the same time will require significant investment. These technologies include new construction materials, such as carbon fiber composites, hybrid alloys and special coatings, as well as new data collection and measurement tools designed to provide advanced prognostication capabilities.
The use of composites and hybrid alloys in new-generation aircraft is impacting airframe maintenance practices and costs. Moreover, engines operating at higher temperatures and pressures lead to more expensive shop visits.