Aerospace Parts Manufacturing in Asia-Pacific

Aerospace Parts Manufacturing in Asia-Pacific

Summary

Aerospace Parts Manufacturing in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The aerospace parts manufacturing industry deals with producing parts and components for aircraft. The market scope includes civil aerospace parts manufacturing, military aerospace parts manufacturing, and general aerospace parts manufacturing. By type, the aerospace parts manufacturing market is segmented into aircraft parts, avionics and electronics systems, and engine parts.
• The Asia-Pacific aerospace parts manufacturing market had total revenues of $240.8 billion in 2023, representing a negative compound annual growth rate (CAGR) of 3.2% between 2018 and 2023.
• The aircraft parts segment accounted for the market's largest proportion in 2023, with total revenues of $161.8 billion, equivalent to 67.2% of the market's overall value.
• Factors such as expanding air travel by passengers are boosting the demand for new aircraft and therefore a rise in aircraft parts production. According to in-house research, in 2023, the number of civil aerospace aircraft delivered in Asia-Pacific reached 427 units, up 36.9% over 2022.

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace parts manufacturing market in Asia-Pacific
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace parts manufacturing market in Asia-Pacific
• Leading company profiles reveal details of key aerospace parts manufacturing market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific aerospace parts manufacturing market with five year forecasts

• What was the size of the Asia-Pacific aerospace parts manufacturing market by value in 2023?
• What will be the size of the Asia-Pacific aerospace parts manufacturing market in 2028?
• What factors are affecting the strength of competition in the Asia-Pacific aerospace parts manufacturing market?
• How has the market performed over the last five years?
• What are the main segments that make up Asia-Pacific's aerospace parts manufacturing market?