The Migration Of MRO Activities To Apac And Its Growing Fleet Size Offers Opportunities For Accelerated Growth
The Malaysian aerospace sector is expected to grow rapidly due to expansion in its fleet size and the rising trend of the migration of Commercial MRO activities to the APAC region. Malaysia's MRO sector is expected to grow at a CAGR (Compound Annual Growth Rate) of 8.45% over the next 20 years, making it the fastest growing MRO market in the APAC region.