- Engines,
- Aerostructure,
- Cabin Interiors,
- Equipment, System, and Support,
- Avionics,
- Insulation Components
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.
Asia-Pacific Got Significant Share
Aerospace Parts Manufacturing Market
By region, the Asia Pacific market is expected to witness the highest market share during the forecast period. owing to the region's significant growth in the aviation industry and the maintenance, repair, and overhaul (MRO) sector. This is likely to have a beneficial impact on the growth of the regional market. Europe is likely to hold a considerable market share during the estimated period.
Latin America
Europe
Asia Pacific
Middle East
North America
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
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.