Aerospace Parts Manufacturing Market Size, Share & Trends Report

Aerospace Parts Manufacturing Market Size, Share & Trends Analysis Report By Product (Engines, Aircraft Manufacturing, Cabin Interiors, Equipment, System, & Support, Avionics), By End-use, By Region, And Segment Forecasts, 2024 - 2030

Report ID: GVR-2-68038-678-3
Number of Pages: 109
Format: Electronic (PDF)

Historical Range: 2018 - 2023
Industry: Advanced Materials

Market Segmentation

Aerospace Parts Manufacturing Product Outlook (Revenue, USD Billion, 2018 - 2030)
- Engines
- Aerostructure
- Cabin Interiors
- Equipment, System, and Support
- Avionics
- Insulation Components
Aerospace Parts Manufacturing End-use Outlook (Revenue, USD Billion, 2018 - 2030)
- Commercial Aircraft
- Business Aircraft
- Military Aircraft
- Others
Aerospace Parts Manufacturing Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
  - North America Aerospace Parts Manufacturing Market, By Product
    - Engines
    - Aerostructure
    - Cabin Interiors
    - Equipment, System, and Support
    - Avionics
    - Insulation Components
  - North America Aerospace Parts Manufacturing Market, By End Use
    - Commercial Aircraft
    - Business Aircraft
    - Military Aircraft
    - Others
  - U.S.
    - U.S. Aerospace Parts Manufacturing Market, By Product
      - Engines
      - Aerostructure
      - Cabin Interiors
      - Equipment, System, and Support
      - Avionics
      - Insulation Components
    - U.S. Aerospace Parts Manufacturing Market, By End Use
      - Commercial Aircraft
      - Business Aircraft
      - Military Aircraft
      - Others
  - Canada
    - Canada Aerospace Parts Manufacturing Market, By Product
      - Engines
      - Aerostructure
      - Cabin Interiors
      - Equipment, System, and Support
      - Avionics
      - Insulation Components
    - Canada Aerospace Parts Manufacturing Market, By End Use
      - Commercial Aircraft
      - Business Aircraft
      - Military Aircraft
      - Others
  - Mexico
    - Mexico. Aerospace Parts Manufacturing Market, By Product
      - Engines
      - Aerostructure
      - Cabin Interiors
      - Equipment, System, and Support
      - Avionics
      - Insulation Components
    - Mexico Aerospace Parts Manufacturing Market, By End Use
      - Commercial Aircraft
      - Business Aircraft
      - Military Aircraft
      - Others
- Europe
  - Europe Aerospace Parts Manufacturing Market, By Product
    - Engines
    - Aerostructure
    - Cabin Interiors
    - Equipment, System, and Support
    - Avionics
    - Insulation Components
  - Europe Aerospace Parts Manufacturing Market, By End Use
    - Commercial Aircraft
    - Business Aircraft
    - Military Aircraft
    - Others
  - Germany
    - Germany Aerospace Parts Manufacturing Market, By Product
      - Engines
      - Aerostructure
      - Cabin Interiors
      - Equipment, System, and Support
      - Avionics
      - Insulation Components
    - Germany Aerospace Parts Manufacturing Market, By End Use
      - Commercial Aircraft
      - Business Aircraft
      - Military Aircraft
      - Others
  - U.K.
    - U.K. Aerospace Parts Manufacturing Market, By Product
      - Engines
      - Aerostructure
      - Cabin Interiors
      - Equipment, System, and Support
      - Avionics
      - Insulation Components
    - U.K. Aerospace Parts Manufacturing Market, By End Use
      - Commercial Aircraft
      - Business Aircraft
      - Military Aircraft
      - Others
  - France
    - France Aerospace Parts Manufacturing Market, By Product
      - Engines
      - Aerostructure
      - Cabin Interiors
      - Equipment, System, and Support
      - Avionics
      - Insulation Components
    - France Aerospace Parts Manufacturing Market, By End Use
      - Commercial Aircraft
      - Business Aircraft
      - Military Aircraft
      - Others
  - Italy
    - Italy Aerospace Parts Manufacturing Market, By Product
      - Engines
      - Aerostructure
      - Cabin Interiors
      - Equipment, System, and Support
      - Avionics
      - Insulation Components
    - Italy Aerospace Parts Manufacturing Market, By End Use
      - Commercial Aircraft
      - Business Aircraft
      - Military Aircraft
      - Others
  - The Netherlands
    - The Netherlands Aerospace Parts Manufacturing Market, By Product
      - Engines
      - Aerostructure
      - Cabin Interiors
      - Equipment, System, and Support
      - Avionics
      - Insulation Components
    - The Netherlands Aerospace Parts Manufacturing Market, By End Use
      - Commercial Aircraft
      - Business Aircraft
      - Military Aircraft
      - Others
- Asia Pacific
  - Asia Pacific Aerospace Parts Manufacturing Market, By Product
    - Engines
    - Aerostructure
    - Cabin Interiors
    - Equipment, System, and Support
    - Avionics
    - Insulation Components
  - Asia Pacific Aerospace Parts Manufacturing Market, By End Use
    - Commercial Aircraft
    - Business Aircraft
    - Military Aircraft
    - Others
  - Indonesia
    - Indonesia Aerospace Parts Manufacturing Market, By Product
      - Engines
      - Aerostructure
      - Cabin Interiors
      - Equipment, System, and Support
      - Avionics
      - Insulation Components
    - Indonesia Aerospace Parts Manufacturing Market, By End Use
      - Commercial Aircraft
      - Business Aircraft
      - Military Aircraft
      - Others
  - Malaysia
    - Malaysia Aerospace Parts Manufacturing Market, By Product
      - Engines
      - Aerostructure
      - Cabin Interiors
      - Equipment, System, and Support
      - Avionics
      - Insulation Components
    - Malaysia Aerospace Parts Manufacturing Market, By End Use
      - Commercial Aircraft
      - Business Aircraft
      - Military Aircraft
      - Others
  - Philippines
    - Philippines Aerospace Parts Manufacturing Market, By Product
      - Engines
      - Aerostructure
      - Cabin Interiors
      - Equipment, System, and Support
      - Avionics
      - Insulation Components
    - Philippines Aerospace Parts Manufacturing Market, By End Use
      - Commercial Aircraft
      - Business Aircraft
      - Military Aircraft
      - Others
  - China
    - China Aerospace Parts Manufacturing Market, By Product
      - Engines
      - Aerostructure
      - Cabin Interiors
      - Equipment, System, and Support
      - Avionics
      - Insulation Components
    - China Aerospace Parts Manufacturing Market, By End Use
      - Commercial Aircraft
      - Business Aircraft
      - Military Aircraft
      - Others
  - Japan
    - Japan Aerospace Parts Manufacturing Market, By Product
      - Engines
      - Aerostructure
      - Cabin Interiors
      - Equipment, System, and Support
      - Avionics
      - Insulation Components
    - Japan Aerospace Parts Manufacturing Market, By End Use
      - Commercial Aircraft
      - Business Aircraft
      - Military Aircraft
      - Others
  - Australia
    - Australia Aerospace Parts Manufacturing Market, By Product
      - Engines
      - Aerostructure
      - Cabin Interiors
      - Equipment, System, and Support
      - Avionics
      - Insulation Components
    - Australia Aerospace Parts Manufacturing Market, By End Use
      - Commercial Aircraft
      - Business Aircraft
      - Military Aircraft
      - Others
- Central & South America
  - Central & South America Aerospace Parts Manufacturing Market, By Product
    - Engines
    - Aerostructure
    - Cabin Interiors
    - Equipment, System, and Support
    - Avionics
    - Insulation Components
  - Central & South America Aerospace Parts Manufacturing Market, By End Use
    - Commercial Aircraft
    - Business Aircraft
    - Military Aircraft
    - Others
  - Brazil
    - Brazil Aerospace Parts Manufacturing Market, By Product
      - Engines
      - Aerostructure
      - Cabin Interiors
      - Equipment, System, and Support
      - Avionics
      - Insulation Components
    - Brazil Aerospace Parts Manufacturing Market, By End Use
      - Commercial Aircraft
      - Business Aircraft
      - Military Aircraft
      - Others
- Middle East & Africa
  - Middle East & Africa Aerospace Parts Manufacturing Market, By Product
    - Engines
    - Aerostructure
    - Cabin Interiors
    - Equipment, System, and Support
    - Avionics
    - Insulation Components
  - Middle East & Africa Aerospace Parts Manufacturing Market, By End Use
    - Commercial Aircraft
    - Business Aircraft
    - Military Aircraft
    - Others

Aerospace Parts Manufacturing Market Dynamics

Driver: Rise In Passenger And Freight Traffic

Growing passenger traffic, especially in Asia Pacific and the Middle East & Africa, is expected to drive the demand and production of next-generation commercial aircraft. In addition, the number of passengers flying per year has continued to ascend, fueled by affordable ticket prices, frequency of flights, and route availability. This is expected to have a positive impact on the aerospace parts manufacturing market. Over the past five years, the highest growth in air travel was observed in developing economies of Asia, such as India and China, thus resulting in a significant increase in the orders for new aircraft. The expansion in air passenger and air freight volume across the globe against the backdrop of economic growth in emerging countries and considerable developments in commercial aviation are predicted to be key market drivers. Major manufacturers such as Airbus and Boeing have also indicated the rise in production rates due to the increased demand. The increase in airline travel and transport is presumed to drive the demand for aerospace parts that are used in aircraft.

Driver: Increase In Rate Of Aircraft Fleet Replacement

Aviation is carbon intensive and one of the fastest growing sectors in terms of greenhouse emissions. Taxes imposed by European Union Emissions Trading System depend upon various factors including unit carbon emissions per aircraft, aviation emission allowances per airline, and carbon trading prices, which may lead to increased transportation costs for airlines. The possibility of hefty taxes is anticipated to encourage the airlines to replace their aging aircraft with new generation fuel-efficient aircraft. As the cost to retain and operate the aircraft exceeds the profits generated, they must be replaced. Aircraft replacement is expected to account for 43% of the total demand of aircraft over the next 20 years. This number is expected to increase over the forecast period as emerging economies launch replacement cycles in a 20-year frame. However, the growth rate of replacement of aging fleet is expected to be concentrated in North America and Europe, as the aviation industry in Asia and the Middle East were showing the signs of expansion in the past decade.

Restraint: Fluctuations In Raw Material Prices

Manufactures are dependent on the accessibility of the key materials, subassemblies, parts from the sub-contractors and suppliers and the key raw materials required for the aerospace products include steel, titanium (sheet, plate, forgings and extrusions), composites (including carbon and boron) and aluminum (sheet, plate, forgings and extrusions). The Unstable and volatile worldwide markets have extensive consequences for manufacturing organization that is increasing energy costs to sudden fluctuation in the raw material prices, unpredicted obstacles are disrupting the supply chain and hence making it difficult for the manufactures to stay in pace.

What Does This Report Include?

This section will provide insights into the contents included in this aerospace parts manufacturing market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Aerospace parts manufacturing market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

Aerospace parts manufacturing market quantitative analysis

Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

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