Aerospace Parts Manufacturing Market: By Product (Engines, Aerostructure, Cabin Interiors, Equipment, System, and Support, Avionics, Insulation Components), By 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 2022 and is expected to reach a value of USD 1,157.9 billion by 2028, growing at a significant CAGR of 3.96% from 2023-2029. 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

2024-2030

Base Year

2023

CAGR

3.96%

Largest Market

North America

Fastest Growing Market

Europe
Aerospace Parts Manufacturing Market Dynamics

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.

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
  • Middle East and Africa

Frequently Asked Questions

The aerospace parts manufacturing market size was valued at USD 882.3 billion in 2022.

The aerospace parts manufacturing market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

The aerospace parts manufacturing market key players 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, Woodward Inc

Key Features of the Reports

  • The aerospace parts manufacturing market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The aerospace parts manufacturing market report covers in-detail insights about the competitors 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
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 Type
2.2.2.End User
2.2.3.Region
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. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Aerospace Parts Manufacturing Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Aerospace Parts Manufacturing Market  By Product Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Engines
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
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, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
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, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
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, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
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, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
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, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Commercial Aircraft
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
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, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
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, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
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, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
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  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
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, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
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 (APAC)
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Aerospace Parts Manufacturing Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, 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 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, 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 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Aerospace Parts Manufacturing Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Product Type Analysis  and Forecast  by Sales Value USD Million, 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 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, 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 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
10.Asia Pacific (APAC) Aerospace Parts Manufacturing Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Product Type Analysis  and Forecast  by Sales Value USD Million, 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 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, 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 Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Aerospace Parts Manufacturing Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Product Type Analysis  and Forecast  by Sales Value USD Million, 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 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, 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 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Aerospace Parts Manufacturing Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Product Type Analysis  and Forecast  by Sales Value USD Million, 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 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, 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 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, 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. Appendix and Abbreviations 
  • 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

Adjacent Markets