Airbus has projected that the Asia-Pacific aviation services market will expand significantly, reaching a value of $138.7 billion (US$138.7 billion) by 2044. This growth, outlined in Airbus's latest Global Services Forecast, is driven by a 5.2% compound annual growth rate, fuelled by increasing air traffic and fleet expansion in the region. Over the next two decades, Asia-Pacific will require 19,560 new passenger aeroplanes, representing 46% of global demand.
The forecast identifies five key service segments contributing to this growth:
- **Off-Wing Maintenance**: Expected to rise from $37.1 billion (US$37.1 billion) in 2025 to $100 billion (US$100 billion) by 2044, despite challenges such as supply chain issues and labour shortages.
- **On-Wing Maintenance**: Set to grow from $6 billion (US$6 billion) to $14 billion (US$14 billion), with significant investments in maintenance, repair, and overhaul (MRO) infrastructure in countries like India and Indonesia.
- **Modifications & Upgrades**: Projected to increase from $3.8 billion (US$3.8 billion) to $6.2 billion (US$6.2 billion), driven by complex retrofits and cabin modernisation.
- **Digital & Connectivity**: Anticipated to expand from $2.9 billion (US$2.9 billion) to $11.2 billion (US$11.2 billion), as airlines adopt AI and data analytics for efficiency.
- **Training**: Forecasted to grow from $3.2 billion (US$3.2 billion) to $7.7 billion (US$7.7 billion), requiring over 1.06 million new aviation professionals by 2044.
Additionally, Maintenance Operations Support and Ground Operations are highlighted as critical segments, with expected values of $46.4 billion (US$46.4 billion) and $31 billion (US$31 billion), respectively, by 2044. The Asia-Pacific region, led by South Asia and China, is poised to shape the future of global aviation services, influencing capacity and investment priorities worldwide
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