Global Power by the Hour (PBH) Market Growth (Status and Outlook) 2025-2031

The global Power by the Hour (PBH) market size is predicted to grow from US$ 25350 million in 2025 to US$ 36760 million in 2031; it is expected to grow at a CAGR of 6.4% from 2025 to 2031.

Power by the Hour (PBH) is a maintenance program provided by aircraft manufacturers as well as aircraft engine & component providers to aircraft operators. Power by the Hour (PBH) contracts allow better and efficient management of budgets. Thus, costs allocated towards MRO services can be rationalised.

Global 5 largest manufacturers of Power by the Hour (PBH) are GE Aviation, Rolls-Royce plc, MTU Aero Engines AG, AFI KLM E&M and Raytheon Technologies, which make up over 52%. Among them, GE Aviation is the leader with about 22% market share.

North America is the largest market, with a share over 30%, followed by Europe and Asia-Pacific, both with the share about 25%. In terms of product type, Engine occupies the largest share of the total market, about 40%. And in terms of application, the largest application is Commercial Aviation, followed by Business Jet.

LPI (LP Information)' newest research report, the “Power by the Hour (PBH) Industry Forecast” looks at past sales and reviews total world Power by the Hour (PBH) sales in 2024, providing a comprehensive analysis by region and market sector of projected Power by the Hour (PBH) sales for 2025 through 2031. With Power by the Hour (PBH) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power by the Hour (PBH) industry.

This Insight Report provides a comprehensive analysis of the global Power by the Hour (PBH) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Power by the Hour (PBH) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power by the Hour (PBH) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power by the Hour (PBH) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power by the Hour (PBH).

This report presents a comprehensive overview, market shares, and growth opportunities of Power by the Hour (PBH) market by product type, application, key players and key regions and countries.

Segmentation by Type:
Engine
Landing Gear and Brakes
Spare Parts and Component
Airframes

Segmentation by Application:
Commercial Aviation
Business Jet
Commercial Helicopter

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GE Aviation
Rolls-Royce plc
MTU Aero Engines AG
AFI KLM E&M
Raytheon Technologies
ST Engineering
Lufthansa Technik
Textron Inc.
AAR
HAECO Group
Turkish Technic
JSSI
AJW Group
Ameco
EFTEC UK LTD

Please note: The report will take approximately 2 business days to prepare and deliver.