And with that, the need for high-quality engine stands for these aircraft engine types will also increase. With a growing market and older engines requiring more maintenance, a corresponding rise in demand for MRO shop visits can also be anticipated. According to the report by The Business Research Company, the aircraft engine market is poised for significant growth in the coming years, with a forecasted increase from $37.21 billion in 2022 to $46.32 billion in 2027, mainly driven by the CFM and IAE engine segments, which are expected to grow the fastest.
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