Aerospace Parts Manufacturing Market
Description
The aerospace parts manufacturing market is estimated to be valued at USD 979.43 Bn in 2025, growing at a compound annual growth rate (CAGR) of 6.6% from 2025 to 2032.
The aerospace parts manufacturing market involves the production of aircraft parts and components used in manufacturing commercial, military, business, and general aviation aircraft. It comprises companies primarily engaged in manufacturing aircraft structural parts like fuselage, wings, tail, and supporting systems. Rapid globalization, rising passenger traffic, growing military spending of countries, and utilization of newer aircraft materials are some of the key factors fueling the market growth. Advanced manufacturing technologies like 3D printing and robotics are assisting aerospace parts manufacturers in producing lightweight parts with better efficiency. With air travel becoming more accessible, the aerospace parts manufacturing industry is poised to witness steady growth over the coming years.
Market Dynamics
The aerospace parts manufacturing market is driven by increasing commercial aircraft procurements and military upgrades globally. Rising passenger traffic has encouraged major aircraft OEMs like Boeing and Airbus to ramp up production rates. Geopolitical tensions are also propelling defense modernization programs worldwide. Furthermore, the adoption of fuel-efficient aircraft with more composite materials provides opportunities for manufacturers of next-generation aerospace parts. However, the market growth can be restrained by the high costs associated with aircraft manufacturing and risks of supply chain disruptions. Stringent aviation safety regulations also remain a challenge for parts makers. Ongoing investments in digital transformation using IoT, 3D printing, and robotics are helping players overcome these obstacles.
Key Features of the Study
The aerospace parts manufacturing market involves the production of aircraft parts and components used in manufacturing commercial, military, business, and general aviation aircraft. It comprises companies primarily engaged in manufacturing aircraft structural parts like fuselage, wings, tail, and supporting systems. Rapid globalization, rising passenger traffic, growing military spending of countries, and utilization of newer aircraft materials are some of the key factors fueling the market growth. Advanced manufacturing technologies like 3D printing and robotics are assisting aerospace parts manufacturers in producing lightweight parts with better efficiency. With air travel becoming more accessible, the aerospace parts manufacturing industry is poised to witness steady growth over the coming years.
Market Dynamics
The aerospace parts manufacturing market is driven by increasing commercial aircraft procurements and military upgrades globally. Rising passenger traffic has encouraged major aircraft OEMs like Boeing and Airbus to ramp up production rates. Geopolitical tensions are also propelling defense modernization programs worldwide. Furthermore, the adoption of fuel-efficient aircraft with more composite materials provides opportunities for manufacturers of next-generation aerospace parts. However, the market growth can be restrained by the high costs associated with aircraft manufacturing and risks of supply chain disruptions. Stringent aviation safety regulations also remain a challenge for parts makers. Ongoing investments in digital transformation using IoT, 3D printing, and robotics are helping players overcome these obstacles.
Key Features of the Study
- This report provides an in-depth analysis of the global aerospace parts manufacturing market, and provides market size (USD Bn) and compound annual growth rate (CAGR %) for the forecast period (2025–2032), considering 2025 as the base year.
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global aerospace parts manufacturing market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Airbus Group, Alcoa Corporation, Arconic Corporation, Boeing, Bombardier Inc., Collins Aerospace, Elbit Systems Ltd, Teijin, Lockheed Martin Corporation, Triumph Group, Inc, Safran , JAMCO Corporation, Rolls-Royce plc , Intrex Aerospace, CAMAR Aircraft Parts Co. , GENERAL ELECTRIC, Honeywell International Inc., Superior Air Parts., Thales, and PARKER HANNIFIN.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global aerospace parts manufacturing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global aerospace parts manufacturing market.
- By Product
- Engines
- Cabin Interiors
- Aerostructure
- Avionics
- Insulation Components
- Others
- By Aircraft Type
- Narrow Body aircraft
- Wide-body aircraft
- Turboprop aircraft
- By Application
- Commercial Aircraft
- Business Aircraft
- Military Aircraft
- By Region
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Airbus Group
- Alcoa Corporation
- Arconic Corporation
- Boeing
- Bombardier Inc.
- Collins Aerospace
- Elbit Systems Ltd.
- Teijin
- Lockheed Martin Corporation
- Triumph Group, Inc.
- Safran
- JAMCO Corporation
- Rolls-Royce plc.
- Intrex Aerospace
- CAMAR Aircraft Parts Co.
- GENERAL ELECTRIC
- Honeywell International Inc.
- Superior Air Parts.
- Thales
- PARKER HANNIFIN
Table of Contents
155 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- 2. Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By Aircraft Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Market Scenario - Conservative, Likely, Opportunistic
- Market Opportunity Map
- 3. Market Dynamics and Trend Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Impact Analysis
- Pest Analysis
- Porters Analysis
- Regulatory Scenario
- New Product Approvals
- Market Attractiveness, By Country
- Market Attractiveness, By Market Segment
- Key Developments & Deals
- Trend Analysis - Historic and Future Trend Assessment
- Key Developments
- 4. Global Aerospace Parts Manufacturing Market, By Product , 2020 - 2032 (USD Bn)
- Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032
- Market Y-o-Y Growth Comparison (%), 2020 - 2032
- Segment Trends
- Engines, 2020 - 2032(USD Bn)
- Introduction
- Market Size and Forecast, 2020 - 2032, (USD Bn)
- Cabin Interiors, 2020 - 2032(USD Bn)
- Introduction
- Market Size and Forecast, 2020 - 2032, (USD Bn)
- Aerostructure, 2020 - 2032(USD Bn)
- Introduction
- Market Size and Forecast, 2020 - 2032, (USD Bn)
- Avionics, 2020 - 2032(USD Bn)
- Introduction
- Market Size and Forecast, 2020 - 2032, (USD Bn)
- Insulation Components, 2020 - 2032(USD Bn)
- Introduction
- Market Size and Forecast, 2020 - 2032, (USD Bn)
- Others, 2020 - 2032(USD Bn)
- Introduction
- Market Size and Forecast, 2020 - 2032, (USD Bn)
- 5. Global Aerospace Parts Manufacturing Market, By Aircraft Type, 2020 - 2032 (USD Bn)
- Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032
- Market Y-o-Y Growth Comparison (%), 2020 - 2032
- Segment Trends
- Narrow Body aircraft, 2020 - 2032(USD Bn)
- Introduction
- Market Size and Forecast, 2020 - 2032, (USD Bn)
- Wide-body aircraft, 2020 - 2032(USD Bn)
- Introduction
- Market Size and Forecast, 2020 - 2032, (USD Bn)
- Turboprop aircraft, 2020 - 2032(USD Bn)
- Introduction
- Market Size and Forecast, 2020 - 2032, (USD Bn)
- 6. Global Aerospace Parts Manufacturing Market, By Application, 2020 - 2032 (USD Bn)
- Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032
- Market Y-o-Y Growth Comparison (%), 2020 - 2032
- Segment Trends
- Commercial Aircraft, 2020 - 2032(USD Bn)
- Introduction
- Market Size and Forecast, 2020 - 2032, (USD Bn)
- Business Aircraft, 2020 - 2032(USD Bn)
- Introduction
- Market Size and Forecast, 2020 - 2032, (USD Bn)
- Military Aircraft, 2020 - 2032(USD Bn)
- Introduction
- Market Size and Forecast, 2020 - 2032, (USD Bn)
- 7. Global Aerospace Parts Manufacturing Market, By Region, 2020 - 2032 (USD Bn)
- Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032, (USD Bn)
- Market Y-o-Y Growth Comparison (%), 2025 - 2032, (USD Bn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Product , 2020 - 2032, (USD Bn)
- Market Size and Forecast, By Aircraft Type, 2020 - 2032, (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (USD Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, By Product , 2020 - 2032, (USD Bn)
- Market Size and Forecast, By Aircraft Type, 2020 - 2032, (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (USD Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest Of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product , 2020 - 2032, (USD Bn)
- Market Size and Forecast, By Aircraft Type, 2020 - 2032, (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (USD Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest Of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, By Product , 2020 - 2032, (USD Bn)
- Market Size and Forecast, By Aircraft Type, 2020 - 2032, (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (USD Bn)
- GCC
- Israel
- Rest of Middle East & Africa
- Latin America
- Introduction
- Market Size and Forecast, By Product , 2020 - 2032, (USD Bn)
- Market Size and Forecast, By Aircraft Type, 2020 - 2032, (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (USD Bn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- 8. Company Profiles - Global Aerospace Parts Manufacturing Market
- Airbus Group
- Company Overview
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategic Overview
- Alcoa Corporation
- Arconic Corporation
- Boeing
- Bombardier Inc.
- Collins Aerospace
- Elbit Systems Ltd.
- Teijin
- Lockheed Martin Corporation
- Triumph Group, Inc.
- Safran
- JAMCO Corporation
- Rolls-Royce plc
- Intrex Aerospace
- CAMAR Aircraft Parts Co.
- GENERAL ELECTRIC
- Honeywell International Inc.
- Superior Air Parts.
- Thales
- PARKER HANNIFIN
- 9. References and Research Methodology
- References
- Research Methodology
- About us and Sales Contact
Pricing
Currency Rates
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