Global Commercial Aircraft PMA Market 2024-2028

Global Commercial Aircraft PMA Market 2024-2028

The commercial aircraft PMA market is forecasted to grow by USD 227.19 mn during 2023-2028, accelerating at a CAGR of 5.89% during the forecast period. The report on the commercial aircraft PMA 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 growing number of air passengers, relatively low cost of PMA-made parts, and expansions of air routes.

Technavio's commercial aircraft PMA market is segmented as below:

By Type

• Engine
• Component
• Others

By Application

• Small widebody
• Medium widebody
• Large widebody

By Geographical Landscape

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

This study identifies the growing demand for electric commercial aircraft as one of the prime reasons driving the commercial aircraft PMA market growth during the next few years. Also, an increase in the adoption of additive manufacturing an increasing focus on sustainability and the adoption of lightweight materials will lead to sizable demand in the market.

The report on the commercial aircraft PMA market covers the following areas:

• Commercial aircraft PMA market sizing
• Commercial aircraft PMA market forecast
• Commercial aircraft PMA 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 PMA market vendors that include ADPMA LLC, Aero Brake and Spares Inc., Airforms Inc., AirGroup America Inc., AMETEK Inc., Aviation Component Solutions, BAE Systems Plc, Berkshire Hathaway Inc., Fluid Components LLC, General Electric Co., HEICO Corp., Kellstrom Aerospace, Parker Hannifin Corp., Raytheon Technologies Corp., RBC Bearings Inc., Safran SA, Spirit AeroSystems Inc., The Timken Co., Triumph Group Inc., and Wencor Group LLC. Also, the commercial aircraft PMA 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.