With a rapid ramp-up of new aircraft using new materials, MRO providers need to increase R&D to develop repairs.

The market outlook for MRO services in 2015 is bright and should see increased demand. Single-aisle jets with CFM56 and V2500 powerplants should help fuel growth.

Analysts tracking the commercial aircraft turbine engine MRO market see a growth period for the industry from 2014 through 2023, although at a percentage rate in the low-to-mid-single digits. According to data generated by Aviation Week analysts, the global value of the engine MRO market for 2014 is estimated at $20.3 billion, based on the in-service engine fleet of 63,000 for that year—including 3,952 new deliveries. Some aviation industry analysts project slightly higher numbers for the same period.