In an age of rapid technological advancement, knowing which technologies will provide potential benefits on a given system becomes a key question. A foundational body of work in Technology Impact Forecasting (TIF) methods has recently emerged. However, shortcomings in the mathematical formulations of the models lead to their limited usefulness in extremely low Technology Readiness Level (TRL) technologies. As part of an ongoing research endeavor, mathematical solutions and modelling and simulation strategies are being developed that will enable the propagation of technology impact effects through a multi-scale system model without loss of traceability. The next generation aircraft must, by necessity, be lighter, stronger, and able to fly faster, higher, and farther with reduced operating costs. These conflicting requirements dictate the development of new materials: multi-functional composites offer a possible solution. These materials are capable of providing improved strength at a reduced weight and have other tailored benefits, including the ability to detect damage and self-heal, offer superior lighting strike protection, remove and ultimately prevent the build-up of ice, and change shape rapidly and consistently. The ultimate goal is to produce a methodology framework that incorporates the specific low TRL technology models of the multi-functional composites, enabling a complete system level assessment and quantification of the potential impact of the technology. This paper presents an initial study into the feasibility of using TIF to explore the impact, including economic, of embedding self-healing composite technology into the wing of a representative commercial aircraft.