Aircraft Parts Distributors in the US - Industry Market Research Report

Aircraft Parts Distributors in the US - Industry Market Research Report

Aircraft Parts Distributors in the US

Aircraft Parts Distributors primarily distribute aircraft parts and equipment, ranging from engine components to fasteners. Some companies also distribute complete aircraft, mostly general aviation planes and helicopters and offer value-added services like supply chain management and warehousing. Companies also rely on military spending for a steady flow of sales. While the need for parts aligns with the economy, the pandemic halted air travel, significantly hindering distributors in 2020. After the economy recovered, air travel skyrocketed as people began to fly again after holding off for a year. This led to aircrafts returning to service and relying on distributors for parts and supplies to ensure safety and meet standards. Overall, industry revenue is expected to increase at a CAGR of 4.0% to $68.9 billion through 2023, including a 3.4% rise in 2023 alone.

Operators in this industry sell a range of original equipment manufacturer (OEM), non-OEM and aerostructure components (including fuselage, wings and flight control surfaces) used in the maintenance and repair of aircraft to commercial, freight and defense customers. Distributors offer all aircraft parts and typically also sell finished aircraft or offer aircraft repair and maintenance services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.