Aerospace Parts Manufacturing Market: by Product (Engines, Aerostructure, Cabin Interiors, Equipment, System, and Support, Avionics, Insulation Components), End User (Commercial Aircraft, Business Aircraft, Military Aircraft, Others) and Geography

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Aerospace Parts Manufacturing Market size is valued at USD 882.3 billion in 2021 and is expected to reach a value of USD 1,157.9 billion by 2028, growing at a CAGR of 3.96% during the forecast period 2022 to 2028. The global market provides a detailed overview and that can be segmented by product and end-user. By product, the aerospace parts manufacturing market has been segmented into engines, aerostructure, cabin interiors, equipment, system, support, avionics, and insulation components. The cabin interiors segment is likely to be the largest and fastest-growing segment in terms of product. Based on end user, the aerospace parts manufacturing market is segmented into commercial aircraft, business aircraft, military aircraft, and others.  Among these, the business aircraft segment is expected to have the fastest-growing market during the forecast period 2022-2028.

Aerospace Parts Manufacturing Market Summary

Study Period

2023-29

Base Year

2022

CAGR

3.96%

Largest Market

North America

Fastest Growing Market

Europe
Aerospace Parts Manufacturing Market Drivers

Most aircraft manufacturers are involved in the parts production process and are integrated across the value chain. For the acquisition of these parts, these companies have in-house production facilities as well as supplier arrangements. The manufacturers are also involved in the acquisition of raw materials, as well as the design and quality control of parts provided by third-party suppliers.

Key Features of the Reports

  • The aerospace parts manufacturing market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The aerospace parts manufacturing market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The aerospace parts manufacturing market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The aerospace parts manufacturing market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The aerospace parts manufacturing market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Aerospace Parts Manufacturing Market Segmentation

By Product Type
  • Engines,
  • Aerostructure,
  • Cabin Interiors,
  • Equipment, System, and Support,
  • Avionics,
  • Insulation Components
By end user
  • Commercial Aircraft,
  • Business Aircraft,
  • Military Aircraft,
  • Others
By Geography
  • North America,
  • Europe,
  • Asia Pacific,
  • Latin America and
  • Middle East and Africa

Frequently Asked Questions

The Aerospace Parts Manufacturing Market is projected to expand at a CAGR of 3.9% during the forecast period.

The major players in the global aerospace parts manufacturing market are Aequs, Aero Engineering & Manufacturing Co., CAMAR Aircraft Parts Company, Eaton Corporation plc, Engineered Propulsion System, GE Aviation, Intrex Aerospace, JAMCO Corporation, Rolls Royce PLC, Safran Group and Woodward, Inc.

Asia Pacific is the fastest-growing region for Aerospace Parts Manufacturing Market

1. Executive Summary
2. Global Aerospace Parts Manufacturing Market Introduction
2.1. Global Aerospace Parts Manufacturing Market – Taxonomy
2.2. Global Aerospace Parts Manufacturing Market –Definitions
2.2.1. Product
2.2.2. End User
3. Global Aerospace Parts Manufacturing Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Aerospace Parts Manufacturing Market Dynamic Factors - Impact Analysis
3.6. Global Aerospace Parts Manufacturing Market – Competition Landscape
4. Global Aerospace Parts Manufacturing Market Analysis,2017-2021 and Forecast, 2022-2028
4.1. Market Analysis,2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Aerospace Parts Manufacturing Market, By Product, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Engines
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Aerostructure
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Cabin Interiors
5.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Equipment, System, and Support
5.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Avionics
5.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
5.6. Insulation Components
5.6.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.6.3. Market Opportunity Analysis
6. Global Aerospace Parts Manufacturing Market, By End User, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1. Commercial Aircraft
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Business Aircraft
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Military Aircraft
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Others
6.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
7. Global Aerospace Parts Manufacturing Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Aerospace Parts Manufacturing Market - Opportunity Analysis Index, By Product, End User and Region, 2022-2028
8. North America Aerospace Parts Manufacturing MarketAnalysis,2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. By Product Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
8.1.1. Engines
8.1.2. Aerostructure
8.1.3. Cabin Interiors
8.1.4. Equipment, System, and Support
8.1.5. Avionics
8.1.6. Insulation Components
8.2. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.2.1. Commercial Aircraft
8.2.2. Business Aircraft
8.2.3. Military Aircraft
8.2.4. Others
8.3. Country Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Aerospace Parts Manufacturing Market - Opportunity Analysis Index, By Product, End User, and Country, 2022-2028
8.5. North America Aerospace Parts Manufacturing Market Dynamics – Trends
9. Europe Aerospace Parts Manufacturing Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. By Product Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
9.1.1. Engines
9.1.2. Aerostructure
9.1.3. Cabin Interiors
9.1.4. Equipment, System, and Support
9.1.5. Avionics
9.1.6. Insulation Components
9.2. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Commercial Aircraft
9.2.2. Business Aircraft
9.2.3. Military Aircraft
9.2.4. Others
9.3. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Poland
9.3.8. Rest of Europe
9.4. Europe Aerospace Parts Manufacturing Market - Opportunity Analysis Index, By Product, End User, and Country, 2022-2028
9.5. Europe Aerospace Parts Manufacturing Market Dynamics – Trends
10. Asia-Pacific Aerospace Parts Manufacturing Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
10.1. By Product Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
10.1.1. Engines
10.1.2. Aerostructure
10.1.3. Cabin Interiors
10.1.4. Equipment, System, and Support
10.1.5. Avionics
10.1.6. Insulation Components
10.2. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Commercial Aircraft
10.2.2. Business Aircraft
10.2.3. Military Aircraft
10.2.4. Others
10.3. Country Analysis2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Aerospace Parts Manufacturing Market - Opportunity Analysis Index, By Product, End User, and Country, 2022-2028
10.5. Asia-Pacific Aerospace Parts Manufacturing Market Dynamics – Trends
11. Latin America Aerospace Parts Manufacturing Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
11.1. By Product Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
11.1.1. Engines
11.1.2. Aerostructure
11.1.3. Cabin Interiors
11.1.4. Equipment, System, and Support
11.1.5. Avionics
11.1.6. Insulation Components
11.2. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Commercial Aircraft
11.2.2. Business Aircraft
11.2.3. Military Aircraft
11.2.4. Others
11.3. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Aerospace Parts Manufacturing Market - Opportunity Analysis Index, By Product, End User, and Country, 2022-2028
11.5. Latin America Aerospace Parts Manufacturing Market Dynamics – Trends
12. Middle East and Africa Aerospace Parts Manufacturing Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
12.1. By Product Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
12.1.1. Engines
12.1.2. Aerostructure
12.1.3. Cabin Interiors
12.1.4. Equipment, System, and Support
12.1.5. Avionics
12.1.6. Insulation Components
12.2. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Commercial Aircraft
12.2.2. Business Aircraft
12.2.3. Military Aircraft
12.2.4. Others
12.3. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Aerospace Parts Manufacturing Market - Opportunity Analysis Index, By  Product, End User, and Country, 2022-2028
12.5. MEA Aerospace Parts Manufacturing Market Dynamics – Trends
13. Competition Landscape
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Technology & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Aequs
13.2.2. Aero Engineering & Manufacturing Co.
13.2.3. CAMAR Aircraft Parts Company
13.2.4. Eaton Corporation plc
13.2.5. Engineered Propulsion System
13.2.6. GE Aviation
13.2.7. Intrex Aerospace
13.2.8. JAMCO Corporation
13.2.9. Rolls Royce PLC
13.2.10. Safran Group
13.2.11. Woodward, Inc.
14. Research Methodology
15. Key Assumptions and Acronyms
  • Aequs
  • Aero Engineering & Manufacturing Co.
  • CAMAR Aircraft Parts Company
  • Eaton Corporation plc
  • Engineered Propulsion System
  • GE Aviation
  • Intrex Aerospace
  • JAMCO Corporation
  • Rolls Royce PLC
  • Safran Group
  • Woodward, Inc.