Component Trends, MRO

& Market Analyses

Brian R. Kough | Sr. Director Forecasts & Aerospace Insights |
Washington D.C.

Source: Aviation Week 2018 Fleet & MRO Forecasts, Copyright 2017
 Aviation Week Expense Category Breakdown
2018 Forecast

Components Aviation Week

7%
9%
categorizes MRO
Engine Maintenance
32%
demand into five
Line Maintenance categories:
MRO
Modifications 22% Demand 1. Components
Categories
Airframe Heavy 2. Engine Maintenance
3. Line Maintenance
30%
4. Modifications
5. Airframe

Source: Aviation Week 2018 Fleet & MRO Forecasts, Copyright 2017
 Aviation Week Component Definition
2018 Forecast

Included: Not Included:

• CH21 Air Conditioning & Pressurization • CH78 Exhaust Non-Thrust Reverser CH30 Ice and Rain Protection
• CH22 Auto flight • CH78 Exhaust Thrust Reverser CH33 Lights
• CH23 Communications • CH79 Oil CH37 Vacuum
• CH24 Electrical Power • CH80 Starting CH38 Water/Waste
• CH25 Equipment & Furnishings • IFE Components CH41 Water Ballast
• CH26 Fire Protection • Turboprop Avionics CH45 Central Maintenance System
• CH27 Flight Controls • Turboprop Engine Accessories CH46 Information Systems
• CH28 Fuel • Turboprop Hydraulics & Pneumatics CH52 Doors
• CH29 Hydraulic Power • Turboprop Propeller CH74 Ignition
• CH31 Indicating & Recording • Turboprop Other CH83 Accessory Gear Box
• CH32 Landing Gear Multiple Bonded Surfaces
• CH32 Wheels & Brakes
• CH34 Navigation
• CH35 Oxygen
• CH36 Pneumatics
• CH49 Auxiliary Power
• CH73 Engine Fuel Control
• CH75 Bleed Air
• CH76 Engine Controls
• CH77 Engine Indicating

Source: Aviation Week 2018 Fleet & MRO Forecasts, Copyright 2017
 Worldwide Fleet Deliveries & Retirements
2018 – 2027

2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Aircraft Traditional Retirements Aircraft Expected Orders Aircraft Firm Orders

Worldwide demand grows at 3.1%, with 23,124 deliveries & 10,621

retirements.

Source: Aviation Week 2018 Fleet & MRO Forecasts, Copyright 2017
 North America vs. World Fleet Growth & MRO
2018 – 2027

In-Service Fleet Growth

3.10%

-0.20%

MRO Demand Growth

2.40%

-2.10%

Worldwide 10-Year CAGR North America 10-Year CAGR

Source: Aviation Week 2018 Fleet & MRO Forecasts, Copyright 2017
 North America Component Market vs. World
2018 – 2027
$40,000,000,000
$35,000,000,000
$30,000,000,000
$25,000,000,000
$20,000,000,000
$15,000,000,000
$10,000,000,000
$5,000,000,000
$-
2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
North America Worldwide

World demand grows at 0.2%, worth $331 billion over 10-years/

North America’s demand shrinks at -3.8%, worth $84.6 billion.

Source: Aviation Week 2018 Fleet & MRO Forecasts, Copyright 2017
 Worldwide Component MRO Demand
2018 – 2027

CH32 Wheels and Brakes

15%
CH49
Auxiliary Power Unit
29% CH73
Engine Fuel & Control
CH32
Landing Gear
12% CH34
Navigation
CH25
Equipment & Furnishings
CH27
Flight Controls
4% 7% CH78
Exhaust Thrust Reverser
5% IFE COMPONENTS
IFE (C) Components
6% CH21
5% A/C & Pressurization
5% 6% Other
6% 20 Remaining Categories

Wheels & Brakes alone represent 15% of worldwide component MRO demand

Source: Aviation Week 2018 Fleet & MRO Forecasts, Copyright 2017
 FOR MORE INFORMATION, VISIT:
http://www.aviationweek.com/2018forecast

CONTACT:
Brian Kough
Brian.kough@aviationweek.com
Source: Aviation Week 2018 Fleet & MRO Forecasts, Copyright 2017