In 2023, the repair and maintenance of aircraft and spacecraft hours worked in Norway stood at a specific baseline. Forecasts from 2024 to 2028 indicate a declining trend. From 2024 to 2025, there is a reduction of approximately 7.7%. The downward trajectory continues with a 8.3% decrease between 2025 and 2026, a further 8.9% drop from 2026 to 2027, and finally a 9.6% decline from 2027 to 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) reveals an average yearly decline of around 8.8%.
Future trends to watch for include technological advancements potentially reducing repair hours due to more efficient processes and enhanced maintenance protocols. Additionally, market shifts due to economic factors or air traffic regulations could impact the overall volume of repair and maintenance work required.
