The Power By The Hour (PBH) Market is Projected to Reach $36.63 Billion with a 6.6% CAGR by 2030
The Business Research Company
The Business Research Company’s Power By The Hour (PBH) Global Market Report 2026 - Market Size, Trends, And Global Forecast 2026-2035
LONDON, GREATER LONDON, UNITED KINGDOM, January 16, 2026 /EINPresswire.com/ -- The Power By The Hour (PBH) market is becoming an increasingly vital component in the aviation industry's maintenance strategies. With more operators seeking cost-effective and efficient maintenance solutions, this market is set for steady expansion. Let’s examine the current market size, key growth drivers, regional prominence, and future trends shaping this sector.
Steady Market Expansion Expected for Power By The Hour Market Between 2025 and 2030
The Power By The Hour market has shown robust growth in recent years. It is projected to rise from $26.55 billion in 2025 to $28.32 billion in 2026, achieving a compound annual growth rate (CAGR) of 6.7%. This historical growth has been driven by several factors, including the widespread adoption of fixed-cost maintenance models that help aircraft operators better manage budgets. Additionally, there has been a growing demand for engine event management services that optimize lifecycle performance, along with an increase in contractual purchasing arrangements that simplify spare parts availability. The expansion of logistics and transport services has also contributed by improving maintenance turnaround times. Moreover, a broader acceptance of PBH programs among commercial and private fleets has helped reduce the risks associated with unplanned maintenance.
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Looking ahead, the Power By The Hour market is expected to maintain strong growth, reaching $36.63 billion by 2030 with a CAGR of 6.6%. This forecasted expansion is largely attributed to a rising emphasis on predictive maintenance through analytics, which enhances the value of PBH contracts. The growth of commercial aviation fleets is driving demand for long-term service agreements, while increased operations in helicopter and business aviation sectors are broadening the application of PBH models. The emergence of digital maintenance ecosystems that integrate real-time engine health monitoring with PBH services is also a critical factor. Furthermore, growing collaborations between original equipment manufacturers (OEMs) and operators are enabling more tailored PBH program offerings. Key trends expected to shape the market include predictive maintenance powered by flight data analytics, the integration of engine health monitoring systems, improvements in supply chain and logistics for parts availability, flexible hourly maintenance contracts for airlines, and the extension of PBH services to helicopters and business jets.
Understanding What Power By The Hour (PBH) Means for Aircraft Maintenance
Power By The Hour is a maintenance contract structure where aircraft owners or operators pay a fixed hourly rate for the use of an engine or the aircraft itself. This straightforward model means airlines or private owners contribute a set amount for every hour the aircraft is flown, with these payments covering future maintenance costs. This approach helps in budgeting by linking maintenance expenses directly to actual usage rather than fixed fees.
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How Rising Air Traffic Fuels Demand for the Power By The Hour Market
One of the main forces driving the growth of the PBH market is the increase in global air traffic. Air traffic encompasses the movement of aircraft as they take off, navigate, and land, including helicopters and other aerial vehicles. Operators rely on PBH contracts to pay for engine maintenance based on actual flight hours, which supports cost predictability and operational efficiency. For instance, in August 2025, the International Air Transport Association (IATA) reported that global passenger air traffic reached 9.8 billion passengers, marking a 3.7% rise compared to 2024. This sustained growth across all major regions underlines how expanding air traffic is a key contributor to the PBH market’s upward trajectory.
Regions Leading the Power By The Hour Market in 2025
In 2025, North America held the largest share of the Power By The Hour market. The report also examines other important regions including Asia-Pacific, South East Asia, Western Europe, Eastern Europe, South America, the Middle East, and Africa, providing a comprehensive view of market distribution and regional dynamics.
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Oliver Guirdham
The Business Research Company
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