March 28, 2024

Aerospace Parts Manufacturing Market Size Reach US$ 1.30 Trillion by 2030

According To Vision Research Reports study on aerospace parts manufacturing market offers exclusive insights into key growth drivers, restraints and business opportunities. The report underscores some of the popular strategies that market players undertake to gain competitive edge.

Vision Research Reports offer the information regarding all the critical aspects of the market such as product types, application spectrum, sales network and distribution channels, geographies and other key factors.

The Global aerospace parts manufacturing market size is expected to reach around US$ 1.30 trillion by by 2030 and is anticipated to grow at a CAGR of 3.9% during forecast period 2021 to 2030.

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Report ScopeDetails
Market SizeUS$ 1.30 Trillion by 2030
Growth RateCAGR of 3.9% From 2022 to 2030
Largest MarketNorth America
Base Year2021
Forecast Period2022 to 2030
Segments CoveredProduct, End use
Regional ScopeNorth America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies MentionedJAMCO Corp.; Intrex Aerospace; Rolls Royce plc; CAMAR Aircraft Parts Company; Safran Group; Woodward Hexcel; Engineered Propulsion System; Eaton Corp. plc; Aequs; GE Aviation; Textron, Inc.; Raytheon Technologies Corp.; MTU Aero Engines AG; Superior Aviation Beijing; Honeywell International, Inc.; Mitsubishi Heavy IndustriesLtd.; Composite Technology Research Malaysia Sdn. Bhd. (CTRM); Kawasaki Heavy Industries Ltd.; IHI Corp.; Subaru Corp.; Lufthansa Technik AG; Spirit AeroSystems, Inc.; Ducommun,Inc.;Liebherr International AG; Elektro-Metall Export GmbH; Diehl Aviation; Panasonic Avionics Corp.; Thales Group; Dassault Group; Parker Hannifin Corp.;Chemetall GmbH; Daher Group; Triumph Group

Growth Factor

The rising demand for lightweight, new-generation and fuel-efficient aircraftowing to the emphasis on reducing Greenhouse Gas (GHG) emissions is predicted to boost market growth over the forecast period.The aerospace industry was severely impacted due to the COVID-19pandemic as manufacturers were unable to export the product owing to the trade limitations placed by the various governments. In addition, the majority of the manufacturers suspended operations across all the major economies to comply with the norms for lockdown, which impacted market growth.

The market for aerospace parts manufacturing is expected to witness a supply-demand gap, leading to a rise in the order backlog of aircraft deliveries. This is expected to encourage the OEMs (aircraft manufacturers) to temporarily increase their production levels to match the order backlog over the forecast period. The manufacturers are expected to witness a significant increase in revenue across the supply chain, owing to the market. The U.S. exhibits the largest market for aircraft parts manufacturing, owing to the presence of established aircraft manufacturing base, coupled with huge potential for aerospace MRO activities. Also, advanced technological capabilities, coupled with airworthiness for the production of superior-quality products, including critical aircraft parts, such as wings and fuselage, are expected to boost industry growth.

The aerospace parts manufacturing market report contains company profiles of the top companies operating in the market along with their respective revenue and operating segments, market footprint, strategic developments, headquarters, growth rates, recent developments, product /services, expansion strategies, investments in expansion, and more.

This aerospace parts manufacturing market report offers historical data points and forecasts and revenue growth at a global, regional, and country level, latest industry trends, and consumption pattern details for each region, major country, and segment from 2021 to 2030.

The market report also covers technical data, manufacturing and production costs, research and development activities, regulatory framework, economic factors, and globalization. The report further segments the aerospace parts manufacturing market on the basis of Leading Companies Profiled, and key regions of aerospace parts manufacturing market.

What is our report scope?

This report focuses on the aerospace parts manufacturing market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. The aerospace parts manufacturing market report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market.

COVID-19 has compressed the global economy and with it the manufacturing and marketing sector, production, disruption, financial.

The significant drop in COVID-19 cases due to mass inoculations programs worldwide are anticipated to increase revenue flow in the global economy and contribute to the growth of the car electrical products market. The COVID-19 impact has changed the growth projections of many sectors and businesses. The analysts put their excellent and well-researched opinions in the report. The opinions will help the stakeholders to make their strategy accordingly.

Key Players

  • JAMCO Corp.
  • Intrex Aerospace
  • Rolls Royce plc
  • CAMAR Aircraft Parts Company
  • Safran Group
  • Woodward Hexcel
  • Engineered Propulsion System
  • Eaton Corporation plc
  • Aequs
  • GE Aviation
  • Textron, Inc.
  • Raytheon Technologies Corp.
  • MTU Aero Engines AG
  • Superior Aviation Beijing
  • Honeywell International, Inc.
  • Mitsubishi Heavy Industries, Ltd.
  • Composite Technology Research Malaysia Sdn. Bhd. (CTRM)
  • Kawasaki Heavy Industries Ltd.
  • IHI Corp.
  • Subaru Corp.
  • Lufthansa Technik AG
  • Spirit AeroSystems, Inc.
  • Ducommun, Inc.
  • Liebherr International AG
  • Elektro-Metall Export GmbH
  • Diehl Aviation
  • Panasonic Avionics Corp.
  • Thales Group
  • Dassault Group
  • Parker Hannifin Corp.
  • Chemetall GmbH
  • Daher Group

Market Segmentation

  • By Product
    • Engines
    • Aerostructure
    • Cabin Interiors
    • Equipment, System, and Support
    • Avionics
    • Insulation Components
  • By End-use
    • Commercial Aircraft
    • Business Aircraft
    • Military Aircraft
    • Other Aircraft
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • The Netherlands
    • Asia Pacific
      • Indonesia
      • Malaysia
      • Philippines
      • China
      • Japan
      • Australia
    • Central & South America
      • Brazil
    • Middle East & Africa

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Key insights presented in This Market Research:

  • Market revenue shares by major business players with market segmentation and its scope
  • Sales revenue by key players and new entrants, additionally the report contains knowledge information on customers, competitors, vendors/distributors, and alternative players and within the global marketplace
  • Competitive analysis of key players, as well as company summary, product or services specification, vendors, and buyers.
  • Recent mergers, acquisitions, product launches, recent investments, and joint ventures
  • Regional analysis to produce insight into recent trends and opportunities.
  • To predict the market size, in key regions (along with countries) North America, Europe, Asia Pacific, geographical region and Middle East and continent

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Aerospace Parts Manufacturing Market, By Product

7.1.  Aerospace Parts Manufacturing Market, by Product, 2021-2030

7.1.1.    Engines

7.1.1.1.        Market Revenue and Forecast (2019-2030)

7.1.2.    Aerostructure

7.1.2.1.        Market Revenue and Forecast (2019-2030)

7.1.3.    Cabin Interiors

7.1.3.1.        Market Revenue and Forecast (2019-2030)

7.1.4.    Equipment, System, and Support

7.1.4.1.        Market Revenue and Forecast (2019-2030)

7.1.5.    Avionics

7.1.5.1.        Market Revenue and Forecast (2019-2030)

7.1.6.    Insulation Components

7.1.6.1.        Market Revenue and Forecast (2019-2030)

Chapter 8.  Global Aerospace Parts Manufacturing Market, By End-use

8.1.  Aerospace Parts Manufacturing Market, by End-use, 2021-2030

8.1.1.    Commercial Aircraft

8.1.1.1.        Market Revenue and Forecast (2019-2030)

8.1.2.    Business Aircraft

8.1.2.1.        Market Revenue and Forecast (2019-2030)

8.1.3.    Military Aircraft

8.1.3.1.        Market Revenue and Forecast (2019-2030)

Chapter 9.  Global Aerospace Parts Manufacturing Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Product (2019-2030)

9.1.2.    Market Revenue and Forecast, by End-use (2019-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Product (2019-2030)

9.1.3.2.        Market Revenue and Forecast, by End-use (2019-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Product (2019-2030)

9.1.4.2.        Market Revenue and Forecast, by End-use (2019-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Product (2019-2030)

9.2.2.    Market Revenue and Forecast, by End-use (2019-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Product (2019-2030)

9.2.3.2.        Market Revenue and Forecast, by End-use (2019-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Product (2019-2030)

9.2.4.2.        Market Revenue and Forecast, by End-use (2019-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Product (2019-2030)

9.2.5.2.        Market Revenue and Forecast, by End-use (2019-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Product (2019-2030)

9.2.6.2.        Market Revenue and Forecast, by End-use (2019-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Product (2019-2030)

9.3.2.    Market Revenue and Forecast, by End-use (2019-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Product (2019-2030)

9.3.3.2.        Market Revenue and Forecast, by End-use (2019-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Product (2019-2030)

9.3.4.2.        Market Revenue and Forecast, by End-use (2019-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Product (2019-2030)

9.3.5.2.        Market Revenue and Forecast, by End-use (2019-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Product (2019-2030)

9.3.6.2.        Market Revenue and Forecast, by End-use (2019-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Product (2019-2030)

9.4.2.    Market Revenue and Forecast, by End-use (2019-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Product (2019-2030)

9.4.3.2.        Market Revenue and Forecast, by End-use (2019-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Product (2019-2030)

9.4.4.2.        Market Revenue and Forecast, by End-use (2019-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Product (2019-2030)

9.4.5.2.        Market Revenue and Forecast, by End-use (2019-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Product (2019-2030)

9.4.6.2.        Market Revenue and Forecast, by End-use (2019-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Product (2019-2030)

9.5.2.    Market Revenue and Forecast, by End-use (2019-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Product (2019-2030)

9.5.3.2.        Market Revenue and Forecast, by End-use (2019-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Product (2019-2030)

9.5.4.2.        Market Revenue and Forecast, by End-use (2019-2030)

Chapter 10.  Company Profiles

10.1.              JAMCO Corp.

10.1.1.  Company Overview

10.1.2.  Product Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Intrex Aerospace

10.2.1.  Company Overview

10.2.2.  Product Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              Rolls Royce plc

10.3.1.  Company Overview

10.3.2.  Product Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              CAMAR Aircraft Parts Company

10.4.1.  Company Overview

10.4.2.  Product Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              Safran Group

10.5.1.  Company Overview

10.5.2.  Product Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              Woodward Hexcel

10.6.1.  Company Overview

10.6.2.  Product Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Engineered Propulsion System

10.7.1.  Company Overview

10.7.2.  Product Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              Eaton Corporation plc

10.8.1.  Company Overview

10.8.2.  Product Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              Aequs

10.9.1.  Company Overview

10.9.2.  Product Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

10.10.           GE Aviation

10.10.1.               Company Overview

10.10.2.               Product Offerings

10.10.3.               Financial Performance

10.10.4.               Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

12.2.              Glossary of Terms

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