The commercial MRO market will grow at a compound annual rate of 3.6% over the next 10 years, reaching $45.8 billion after five years and a record $54.7 billion at the end of 2015, according to the latest forecast for O&M magazine by aviation consulting firms TeamSAI and BACK Aviation Solutions. The market is currently holding around $38.3 billion, still below the record $42.2 billion of 2001 but showing some recovery from the $36.1 billion bottom it hit in 2003. O&M magazine is part of the Aviation Week Group stable of aerospace publications.
