
Aerospace Parts Manufacturing Market Size, Share, Trends, Industry Analysis Report: By Product (Aerostructure; Cabin Interiors; Engines; Equipment, System, & Support; Avionics; and Insulation Components), End Use, and Region (North America, Europe, Asia P
Description
The aerospace parts manufacturing market size is expected to reach USD 1,600.98 billion by 2034, according to a new study by Polaris Market Research. The report “Aerospace Parts Manufacturing Market Size, Share, Trends, Industry Analysis Report: By Product (Aerostructure; Cabin Interiors; Engines; Equipment, System, & Support; Avionics; and Insulation Components), End Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Aerospace parts manufacturing refers to the production of components used in the construction and maintenance of aircraft, spacecraft, and related systems. These parts include engines, fuselages, avionics, landing gear, and other critical components that ensure safe and efficient operation. The aerospace industry demands precision, durability, and high performance, making this sector highly specialized. The aerospace parts manufacturing market expansion is influenced by evolving technologies, increasing innovation, and the need for advanced materials that can withstand extreme conditions.
The surge in global space exploration initiatives and satellite deployment programs is significantly driving demand for aerospace parts manufacturing. Governments and private entities are investing heavily in launching satellites for communication, navigation, defense, and research. These missions require an extensive range of specialized parts and systems, from propulsion units to structural components. This expansion is fostering technological advancement and also accelerating the overall aerospace parts manufacturing market growth, creating opportunities for manufacturers to scale operations and innovate.
The increasing adoption of unmanned aerial vehicles (UAVs) across various sectors is contributing to the rising aerospace parts manufacturing market revenue. UAVs are being widely used for surveillance, logistics, agriculture, and disaster management, necessitating the production of lightweight and efficient components. This demand is pushing manufacturers to develop versatile parts that meet both civilian and military requirements. The combined advancement of space exploration and UAV usage is enhancing the market, making it a crucial component in the future of global aerospace development.
Aerospace Parts Manufacturing Market Report Highlights
By product, the aerostructure segment dominates the aerospace parts manufacturing market share due to its essential role in aircraft construction, with increased demand for lightweight materials, advanced technologies, and growing production of next-gen, fuel-efficient aircraft.
Based on end use, the commercial aircraft segment is growing rapidly due to rising air travel, fleet modernization, and fuel-efficient aircraft demand, supported by investments in aviation infrastructure and advancements in safety technologies.
North America dominated the aerospace parts manufacturing market revenue share due to the presence of key industry players, strong investments in R&D, high defense spending, rising adoption of advanced technologies, and an availability of skilled workforce.
A few global key market players are GE Aviation; Honeywell International, Inc.; IHI Corp.; Kawasaki Heavy Industries Ltd.; Mitsubishi Heavy Industries, Ltd.; Rolls Royce plc; Raytheon Technologies Corp.; Ducommun Inc.; Eaton Corporation plc; and Thales Group.
Polaris Market Research has segmented the aerospace parts manufacturing market report on the basis of product, end use, and region:
By Product Outlook (Revenue, USD Billion, 2020–2034)
Aerostructure
Cabin Interiors
Engines
Equipment, System, & Support
Avionics
Insulation Components
By End Use Outlook (Revenue, USD Billion, 2020–2034)
Business Aircraft
Commercial Aircraft
Military Aircraft
Others
By Regional Outlook (Revenue, USD Billion, 2020–2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Aerospace parts manufacturing refers to the production of components used in the construction and maintenance of aircraft, spacecraft, and related systems. These parts include engines, fuselages, avionics, landing gear, and other critical components that ensure safe and efficient operation. The aerospace industry demands precision, durability, and high performance, making this sector highly specialized. The aerospace parts manufacturing market expansion is influenced by evolving technologies, increasing innovation, and the need for advanced materials that can withstand extreme conditions.
The surge in global space exploration initiatives and satellite deployment programs is significantly driving demand for aerospace parts manufacturing. Governments and private entities are investing heavily in launching satellites for communication, navigation, defense, and research. These missions require an extensive range of specialized parts and systems, from propulsion units to structural components. This expansion is fostering technological advancement and also accelerating the overall aerospace parts manufacturing market growth, creating opportunities for manufacturers to scale operations and innovate.
The increasing adoption of unmanned aerial vehicles (UAVs) across various sectors is contributing to the rising aerospace parts manufacturing market revenue. UAVs are being widely used for surveillance, logistics, agriculture, and disaster management, necessitating the production of lightweight and efficient components. This demand is pushing manufacturers to develop versatile parts that meet both civilian and military requirements. The combined advancement of space exploration and UAV usage is enhancing the market, making it a crucial component in the future of global aerospace development.
Aerospace Parts Manufacturing Market Report Highlights
By product, the aerostructure segment dominates the aerospace parts manufacturing market share due to its essential role in aircraft construction, with increased demand for lightweight materials, advanced technologies, and growing production of next-gen, fuel-efficient aircraft.
Based on end use, the commercial aircraft segment is growing rapidly due to rising air travel, fleet modernization, and fuel-efficient aircraft demand, supported by investments in aviation infrastructure and advancements in safety technologies.
North America dominated the aerospace parts manufacturing market revenue share due to the presence of key industry players, strong investments in R&D, high defense spending, rising adoption of advanced technologies, and an availability of skilled workforce.
A few global key market players are GE Aviation; Honeywell International, Inc.; IHI Corp.; Kawasaki Heavy Industries Ltd.; Mitsubishi Heavy Industries, Ltd.; Rolls Royce plc; Raytheon Technologies Corp.; Ducommun Inc.; Eaton Corporation plc; and Thales Group.
Polaris Market Research has segmented the aerospace parts manufacturing market report on the basis of product, end use, and region:
By Product Outlook (Revenue, USD Billion, 2020–2034)
Aerostructure
Cabin Interiors
Engines
Equipment, System, & Support
Avionics
Insulation Components
By End Use Outlook (Revenue, USD Billion, 2020–2034)
Business Aircraft
Commercial Aircraft
Military Aircraft
Others
By Regional Outlook (Revenue, USD Billion, 2020–2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Table of Contents
140 Pages
- Chapter 1. Research Methodology Overview
- 1.1 Research Methodology
- 1.2 Research Scope and Assumptions
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 Internal Database
- 1.3.3 Secondary Sources
- 1.3.4 Third Party Perspective
- 1.3.5 Primary Research
- 1.4 Information Analysis
- 1.4.1 Data Analysis Models
- 1.5 Market Formulation and Data Visualization
- 1.6 Data Validation and Publishing (Secondary Sources)
- Chapter 2. Executive Summary
- 2.1 Market Overview
- 2.2 Market Segmentation
- 2.2.1 Market By Product
- 2.2.2 Market By End-use
- 2.2.3 Geographic Overview
- Chapter 3. Aerospace Parts Manufacturing Market Insights
- 3.1 Aerospace Parts Manufacturing – Market Size And Growth Prospects
- 3.2 Aerospace Parts Manufacturing Market Dynamics
- 3.2.1 Aerospace Parts Manufacturing Market Driver and Opportunity Analysis
- 3.2.1.1 Increasing spending on Military Drones /UAVs
- 3.2.1.2 Rising Focus on Reducing Aircraft Weight and Increasing Government Initiatives
- 3.2.2 Aerospace Parts Manufacturing Market Restraint/Challenges Analysis
- 3.2.2.1 Price Volatility In The Market
- 3.3 Aerospace Parts Manufacturing Market- Porter’s Five Forces Analysis
- 3.4 Aerospace Parts Manufacturing Market- PESTLE Analysis
- 3.5 Aerospace Parts Manufacturing Market- Value Chain Analysis
- 3.6 Aerospace Parts Manufacturing Market- Key Industrial Trends
- 3.7 Aerospace Parts Manufacturing Market- COVID-19 Impact Analysis
- Chapter 4. Aerospace Parts Manufacturing Market Assessment By Product
- 4.1 Introduction
- 4.2 Aerostructure
- 4.3 Cabin Interiors
- 4.4 Engines
- 4.5 Equipment, System & Support
- 4.6 Avionics
- 4.7 Insulation Components
- Chapter 5. Aerospace Parts Manufacturing Market Assessment By End-use
- 5.1 Introduction
- 5.2 Business Aircraft
- 5.3 Commercial Aircraft
- 5.4 Military Aircraft
- 5.5 Others
- Chapter 6. Aerospace Parts Manufacturing Market Assessment by Geography
- 6.1 Introduction
- 6.2 NORTH AMERICA
- 6.2.1 U.S.
- 6.2.2 Canada
- 6.3 EUROPE
- 6.3.1 Germany
- 6.3.2 France
- 6.3.3 Italy
- 6.3.4 U.K
- 6.3.5 Spain
- 6.3.6 Netherlands
- 6.3.7 Russia
- 6.3.8 Rest of Europe
- 6.4 ASIA-PACIFIC
- 6.4.1 China
- 6.4.2 India
- 6.4.3 Japan
- 6.4.4 Indonesia
- 6.4.5 South Korea
- 6.4.6 Malaysia
- 6.4.7 Rest of APAC
- 6.5 LATIN AMERICA
- 6.5.1 Brazil
- 6.5.2 Argentina
- 6.5.3 Mexico
- 6.5.4 RoLATAM
- 6.6 MIDDLE EAST AND AFRICA
- 6.6.1 Saudi Arabia
- 6.6.2 South Africa
- 6.6.3 UAE
- 6.6.4 Israel
- 6.6.5 Rest of Middle East & Africa
- Chapter 7. Competitive Landscape
- 7.1 Agreement & Collaboration are the Best Adopted Strategy by the Companies
- 7.2 Agreement
- 7.3 Business Expansion
- 7.4 Product News & Contracts
- 7.5 Partnership & Collaboration
- 7.6 Acquisition
- Chapter 8. Company Profiles
- 8.1 GE Aviation
- 8.1.1 Business Overview
- 8.1.2 Financial Snapshot
- 8.1.3 Product Benchmarking
- 8.1.4 Recent Developments
- 8.2 Honeywell International, Inc.
- 8.2.1 Business Overview
- 8.2.2 Financial Snapshot
- 8.2.3 Product Benchmarking
- 8.2.4 Recent Developments
- 8.3 IHI Corp.
- 8.3.1 Business Overview
- 8.3.2 Financial Snapshot
- 8.3.3 Product Benchmarking
- 8.4 Kawasaki Heavy Industries Ltd.
- 8.4.1 Business Overview
- 8.4.2 Financial Snapshot
- 8.4.3 Product Benchmarking
- 8.4.4 Recent Developments
- 8.5 Mitsubishi Heavy Industries, Ltd.
- 8.5.1 Business Overview
- 8.5.2 Financial Snapshot
- 8.5.3 Product Benchmarking
- 8.5.4 Recent Developments
- 8.6 Rolls Royce plc.
- 8.6.1 Business Overview
- 8.6.2 Financial Snapshot
- 8.6.3 Product Benchmarking
- 8.6.4 Recent Developments
- 8.7 Raytheon Technologies Corp.
- 8.7.1 Business Overview
- 8.7.2 Financial Snapshot
- 8.7.3 Product Benchmarking
- 8.7.4 Recent Developments
- 8.8 Ducommun Inc.
- 8.8.1 Business Overview
- 8.8.2 Financial Snapshot
- 8.8.3 Product Benchmarking
- 8.8.4 Recent Developments
- 8.9 Eaton Corporation plc.
- 8.9.1 Business Overview
- 8.9.2 Financial Snapshot
- 8.9.3 Product Benchmarking
- 8.10 Thales Group
- 8.10.1 Business Overview
- 8.10.2 Financial Snapshot
- 8.10.3 Product Benchmarking
- 8.10.4 Recent Developments
Pricing
Currency Rates
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