Commercial Aircraft Parts Manufacturer Approval (PMA) Market Size, Share, Trends and Forecast by Types, Applications, and Region, 2025-2033
The global commercial aircraft parts manufacturer approval (PMA) market size was valued at USD 11.4 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 15.6 Billion by 2033, exhibiting a CAGR of 3.50% during 2025-2033. Asia-Pacific currently dominates the market, holding a significant market share of over 29.9% in 2024. The rapid expansion of the aviation sector, the stringent implementation of a favorable regulatory regulation, aging of the existing aircraft fleet, the comparatively low cost of PMA-made parts, and significant technological advancements in manufacturing processes represent some of the key factors driving the market.
Commercial aircraft parts manufacturer approval (PMA) is a certification granted by aviation regulatory authorities to manufacturers of aircraft parts that are intended to be used as alternatives to original equipment manufacturer (OEM) parts. PMA allows manufacturers to produce and sell parts that meet the same quality and safety standards as OEM parts but at a lower cost. PMA parts offer cost savings to aircraft operators and maintenance providers without compromising safety or performance. The PMA process involves rigorous evaluation of manufacturing processes, materials, testing procedures, and quality control systems to ensure that the parts meet the required standards for airworthiness and reliability.
Commercial Aircraft Parts Manufacturer Approval (PMA) Market Trends:
The bolstering growth of the aviation industry due to the increasing number of air passengers represents one of the prime factors driving the market growth. In line with this, as airlines expand their routes, they require more aircraft and parts to support their operations, thus creating a favorable outlook for the market. Moreover, the shifting preference for cost-effective PMA parts over OEM parts among airlines and maintenance providers looking to reduce operational expenses without compromising safety or performance is acting as another major growth-inducing factor. Concurrent with this, a growing number of aircraft in operation are reaching or exceeding their designed lifespan, leading to increased maintenance needs, which, in turn, is presenting remunerative growth opportunities for the market. In addition to this, various regulatory authorities, such as the Federal Aviation Administration (FAA) in the United States, support the use of PMA parts if they meet the mandated safety and quality standards, which is propelling the market forward. Besides this, the significant expansion of the maintenance, repair, and overhaul (MRO) market driven by the introduction of stringent safety standards and the need for regular maintenance is contributing to the market growth. Furthermore, ongoing technological advancements allowing PMA manufacturers to produce high-quality parts that meet or exceed OEM standards and offer improved performance, durability, and reliability are positively impacting the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global commercial aircraft parts manufacturer approval (PMA) market, along with forecasts at the global, regional, and country levels from 2025-2033. Our report has categorized the market based on type and application.
Type Insights:
Engine
Component
Others
The report has provided a detailed breakup and analysis of the commercial aircraft parts manufacturer approval (PMA) market based on the type. This includes engine, component, and others. According to the report, engine represented the largest segment.
Application Insights:
Small Widebody
Medium Widebody
Large Widebody
A detailed breakup and analysis of the commercial aircraft parts manufacturer approval (PMA) market based on the application has also been provided in the report. This includes small, medium, and large widebody.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for commercial aircraft parts manufacturer approval (PMA). Some of the factors driving the Asia Pacific commercial aircraft parts manufacturer approval (PMA) market included the aging aircraft fleet, supportive regulatory framework, and the relatively low cost of PMA-made parts.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global commercial aircraft parts manufacturer approval (PMA) market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Able Aerospace Services Inc. (Textron Company), Adpma LLC, Aero Brake & Spares Inc., Airforms Inc. (McFarlane Aviation LLC), Ametek Inc., Fluid Components International LLC, Heico Corporation, Lkd Aerospace LLC, Pma Aeroparts LLC, Spirit Aerosystems Inc., Wencor Group LLC, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
1. What is commercial aircraft parts manufacturer approval (PMA)?
2. How big is the global commercial aircraft parts manufacturer approval (PMA) market?
3. What is the expected growth rate of the global commercial aircraft parts manufacturer approval (PMA) market during 2025-2033?
4. What are the key factors driving the global commercial aircraft parts manufacturer approval (PMA) market?
5. What is the leading segment of the global commercial aircraft parts manufacturer approval (PMA) market based on the type?
6. What are the key regions in the global commercial aircraft Parts Manufacturer Approval (PMA) market?
7. Who are the key players/companies in the global commercial aircraft Parts Manufacturer Approval (PMA) market?