1、1Services Market Outlook 20222031 Services Market Outlook 202220311Services Market Outlook 20222031 The Boeing Services Market Outlook(SMO)covers the support and services functions commonly found in the aviation market today.The SMO is a 10-year forecast,serving to guide business planning as well as

2、 to share with the public our view of industry trends in the commercial,business aviation,general aviation,civil helicopter,and government markets.Boeing models for projecting the size of services markets are analytically linked to the proprietary models we use in forecasting world airline fleet and

3、 government budgets.They also are linked to independent assessments of the forces driving specific markets.Overall,Boeing expects the served market for support and services to be worth$3.3 trillion in the 10-year period between 2022 and 2031.Commercial services,including support for the business and

4、 general aviation markets,represent$1.8 trillion of the forecast.Government services are forecast to be worth$1.5 trillion.Support and services functions are diverse in terms of sales,activity scope,capital intensity,and competitive environments.We segment these service functions as:maintenance,repa

5、ir,overhaul,and modifications;training and professional services;and digital solutions and analytics.Introduction2Services Market Outlook 20222031 After years of growth and profitability,the aviation industry began the new decade with a pandemic that resulted in one of the worst shocks in aerospace

6、history.SummaryAccording to the International Air Transport Association,the industry has realized a loss of just over$200 billion since 2020,creating near-term cash challenges for operators.Nonetheless,in recovering from the impacts of COVID-19,the industry will remain resilient,and the services mar