Commercial Aircraft Aftermarket Parts Market Size- By Aircraft Type, By Component Type, By Parts- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Commercial Aircraft Aftermarket Parts Market Introduction and Overview
According to SPER market research, ‘Commercial Aircraft Aftermarket Parts Market Size- By Aircraft Type, By Component Type, By Parts- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the Global Commercial Aircraft Aftermarket Parts Market is predicted to reach USD 73.74 Billion by 2033 with a CAGR of 6.1%.
The commercial aircraft aftermarket parts market is vital for maintaining global commercial aircraft operations. Aftermarket parts, including avionics, landing gear, engines, and interior components, ensure aircraft safety and performance post-sale. Manufacturers, distributors, and service providers supply these parts to airlines, MRO facilities, and other stakeholders for aircraft maintenance and repair purposes.
The global COVID-19 pandemic has had a severe influence on the commercial aircraft aftermarket parts sector. The aviation industry faced unprecedented obstacles, such as travel restrictions, decreased passenger demand, and fleet groundings. As a result, demand for aftermarket parts fell due to decreased maintenance operations and postponed fleet expansion plans. However, when the sector gradually recovers, the aftermarket parts market is likely to rise, owing to the demand for fleet optimisation, upgrades, and aircraft reactivations.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Aircraft Type, By Component Type, By Parts
Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies CoveredA J Walter Aviation Limited, Aventure International Aviation Services, Bombardier Inc., Collins Aerospace (Raytheon Technologies Corporation), General Electric Company, Honeywell International Inc., Meggitt PLC, Moog Inc., The Boeing Company, Others
Global Commercial Aircraft Aftermarket Parts Market Segmentation:By Aircraft Type:Based on the Aircraft Type, Global Commercial Aircraft Aftermarket Parts Market is segmented as; Narrow-body, Regional Jet, Wide-body.
By Component Type:Based on the Component Type, Global Commercial Aircraft Aftermarket Parts Market is segmented as; Airframe, Engine, Interior, Other Component Types.
By Parts:Based on the Parts, Global Commercial Aircraft Aftermarket Parts Market is segmented as; MRO Parts, Rotable Replacement Parts.
By Region:This research also includes data for Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.