Global Commercial Aircraft Aftermarket Parts Market 2024-2028

Global Commercial Aircraft Aftermarket Parts Market 2024-2028

The commercial aircraft aftermarket parts market is forecasted to grow by USD 12.11 bn during 2023-2028, accelerating at a CAGR of 5.82% during the forecast period. The report on the commercial aircraft aftermarket parts market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a preference for collaborative efforts in the aerospace industry, a growing preference for high-density seating configuration, and the increasing popularity of recycled aircraft parts.

Technavio's commercial aircraft aftermarket parts market is segmented as below:

By Type

• Narrow-body
• Wide-body
• Regional Jet

By Application

• MRO parts
• Rotable scrap replacement parts

By Geographical Landscape

• Europe
• APAC
• North America
• Middle East and Africa
• South America

This study identifies the growing emphasis on sustainability within aviation industry as one of the prime reasons driving the commercial aircraft aftermarket parts market growth during the next few years. Also, emergence of 3d printing in aircraft cabin interior and rise in developments in aircraft manufacturing technology will lead to sizable demand in the market.

The report on the commercial aircraft aftermarket parts market covers the following areas:

• Commercial aircraft aftermarket parts market sizing
• Commercial aircraft aftermarket parts market forecast
• Commercial aircraft aftermarket parts market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial aircraft aftermarket parts market vendors that include A J Walter Aviation Ltd., AAR Corp., Bombardier Inc., Eaton Corp. Plc, General Electric Co., Honeywell International Inc., Parker Hannifin Corp., RTX Corp., and The Boeing Co.. Also, the commercial aircraft aftermarket parts market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.