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.
According to the new market research report “Power by the Hour (PBH) – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Power by the Hour (PBH) market size is projected to reach USD 35.14 billion by 2029, at a CAGR of 6.2% during the forecast period.
- Global Power by the Hour (PBH) MarketSize(US$ Million), 2018-2029
Source: QYResearch, “Power by the Hour (PBH) – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Power by the Hour (PBH) Top15Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, “Power by the Hour (PBH) – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Power by the Hour (PBH) include GE Aviation, Rolls-Royce plc, MTU Aero Engines AG, AFI KLM E&M, Raytheon Technologies, ST Engineering, Lufthansa Technik, Textron Inc., AAR, HAECO Group, etc. In 2022, the global top five players had a share approximately 53.0% in terms of revenue.
About The Authors
| Chengping Zhang | A experienced Technology & Market Analyst. Deep experience in chemical industry, focus on electronic materials, engineering materials and mineral resources, etc. Fully engaged in the development of technology and market reports as well as custom projects. | |
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Senior Analyst |
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| Email: zhangchengping@qyresearch.com |
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