Dublin, Jan. 21, 2026 (GLOBE NEWSWIRE) — The “Power by the Hour (PBH) Market Report 2026” has been added to ResearchAndMarkets.com’s offering.
The Power-by-the-Hour (PBH) market is witnessing robust growth, with the market size projected to expand from $26.55 billion in 2025 to $28.32 billion in 2026, marking a steady CAGR of 6.7%. This growth in recent years is driven by several factors: enhanced budget predictability due to fixed-cost maintenance models, increased demand for engine event management services, improved lifecycle optimization, and streamlined spare parts availability through contractual purchasing arrangements. Additionally, the expansion of logistics and transport services has enhanced maintenance turnaround efficiency, and the wider acceptance of PBH programs reduces unplanned maintenance risks for both commercial and private fleets.
Looking ahead, the PBH market is expected to grow to $36.63 billion by 2030, maintaining a CAGR of 6.6%. Forecasted growth is attributed to the focus on predictive maintenance utilizing analytics, the increasing expansion of commercial aviation fleets, and the rise in helicopter and business aviation operations that promulgate PBH models. Developments in digital maintenance ecosystems integrating real-time engine health monitoring, and expanding OEM-operator partnerships, further enhance customized program offerings. Key trends include predictive maintenance via flight data analytics and flexible hourly-based maintenance contracts.
The rising air traffic is a significant growth driver for the PBH market. For example, the International Air Transport Association (IATA) reported a 3.7% increase in global passenger air traffic, reaching 9.8 billion in 2025. PBH usage in air traffic operations provides cost predictability and operational efficiency by basing payments on actual usage. This growth is exemplified by strategic partnerships that deliver cost-effective, flexible maintenance solutions, such as the collaboration between AJW Group and Skyfive Airlines AG in 2023, where a predictable budgeting model was implemented.
In the realm of strategic acquisitions, StandardAero enhanced its repair portfolio in 2023 by acquiring Western Jet Aviation, broadening its facility footprint and customer base. Western Jet Aviation, known for PBH services, adds significant value to StandardAero’s offerings.
Key players in the PBH market include GE Aerospace, Rolls-Royce Holdings plc, Pratt & Whitney Services Inc., Honeywell Aerospace, and Lufthansa Technik AG, among others. North America emerged as the largest regional market in 2025. The market spans several regions, including Asia-Pacific and Europe, reflecting a global impact.
Global trade relations and tariffs impact the PBH market by raising costs for aircraft components and MRO services, especially in North America, Europe, and Asia-Pacific. However, these challenges are fostering domestic sourcing and innovation in cost-efficient maintenance solutions.
This press release is part of a comprehensive series of reports that provide detailed statistics, market shares, and trends essential for thriving in the PBH industry. The report offers a holistic view, delivering insight into industry scenarios and strategic market data.
Companies Mentioned: Industry leaders such as GE Aerospace, Rolls-Royce Holdings, Pratt & Whitney Services, Honeywell Aerospace, and many others are evaluated for their strategic positioning in the market.
Geographical Coverage: Expansive analysis covers regions including Asia-Pacific, South East Asia, Western and Eastern Europe, North America, South America, the Middle East, and Africa, with individual country breakdowns such as Australia, Brazil, China, and India.
Report Features: The report offers a five-year historical analysis and a ten-year forecast, detailing market segmentation by regions and sectors, along with the market share of competitors and potential growth areas.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 250 |
| Forecast Period | 2026 – 2030 |
| Estimated Market Value (USD) in 2026 | $28.32 Billion |
| Forecasted Market Value (USD) by 2030 | $36.63 Billion |
| Compound Annual Growth Rate | 6.6% |
| Regions Covered | Global |
Companies Featured
- GE Aerospace
- Rolls-Royce Holdings plc
- Pratt & Whitney Services Inc
- Honeywell Aerospace
- Bombardier Aerospace Corp
- Lufthansa Technik AG
- MTU Aero Engines AG
- Elbit Systems Ltd.
- Hong Kong Aircraft Engineering Company Ltd.
- Embraer Aircraft Maintenance Services Inc.
- Air France Industries KLM Engineering & Maintenance
- Delta TechOps Services Group (DTSG)
- ST Engineering Aerospace Ltd.
- AAR Corp.
- Turkish Technic Inc.
- SR Technics Group
- Sabena Technics SAS
- SIA Engineering Company Limited
- Jet Support Services Inc.
- Magnetic MRO
- Avtrade Ltd
- C&L Aviation Group
- A J Walter Aviation Limited
- Aircraft Maintenance and Engineering Corporation Limited
- Optima Aero Inc.
- Exodus Aviation
- TAP Maintenance & Engineering
- Mexicana MRO Services
For more information about this report visit https://www.researchandmarkets.com/r/owkuvw
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
- Power by the Hour (PBH) Market
