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Aircraft Aftermarket Parts Market

Aircraft Aftermarket Parts Market Analysis Report 2025: Market to Grow by a CAGR of 5.7 to 2033, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

Aircraft Aftermarket Parts Market by Parts Type (MRO Parts, Consumable, Rotable Replacement Parts, Life Limited Parts), by Supply (OEMs, USM, PMAs), by Component Type (Engine, Airframe, Interior, Cockpit Systems, Landing Gear, Others), by Platform [Commercial (Narrow Body, Wide Body, Cargo Aircraft, Civil Helicopters), by By Geography (North America) Forecast 2026-2034

Feb 9 2025

Base Year: 2025

180 Pages

Aircraft Aftermarket Parts Market Analysis Report 2025: Market to Grow by a CAGR of 5.7 to 2033, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

Key Insights

The Aircraft Aftermarket Parts Marketsize was valued at USD 29.44 USD Billion in 2023 and is projected to reach USD 43.40 USD Billion by 2032, exhibiting a CAGR of 5.7 % during the forecast period.Aircraft aftermarket parts pertain to parts and assemblies that are manufactured and marketed specifically for use in maintaining, repairing, and overhauling aircraft and that are differentiated from original equipment manufacturer (OEM) parts, which are used as original equipment in an aircraft when it undergoes production. These aspects are vital as they help in maintaining the functionality of the aircraft from the time of purchase and use up to a certain period in the future. Some of the characteristics of aftermarket parts include avionics safety standards that are very high since they are used in aircraft that are on the market, available for a variety of brands, and sometimes cheaper as compared to the original equipment manufacturers. They offer convenience to aircraft and maintenance suppliers so that they can have the freedom to choose the components they require for the smooth running of their businesses.

Aircraft Aftermarket Parts Trends

Increasing demand for fuel-efficient aircraft
Growing popularity of narrow-body aircraft
Rise in MRO outsourcing
Adoption of advanced technologies, such as 3D printing

Aircraft Aftermarket Parts Market Market Size and Forecast (2024-2030) — Aircraft Aftermarket Parts Market Company Market Share

Driving Forces: What's Propelling the Aircraft Aftermarket Parts Market

Surging Air Travel Demand: The aviation industry is experiencing a steady increase in passenger and cargo traffic. This rising demand translates into increased operational hours for aircraft, resulting in greater need for maintenance and aftermarket parts.
Aging Aircraft Fleet: Numerous aircraft in operation are nearing or exceeding their expected lifespans. As aircraft age, they require more frequent maintenance and component replacements, driving the aftermarket parts market.
Enhanced Aftermarket Services: Technological advancements have led to innovative aftermarket offerings, such as predictive maintenance and remote monitoring systems. These services enable proactive parts replacement and minimize downtime, fostering demand for aftermarket parts.
Supportive Government Regulations: Stringent aviation safety standards and certification requirements ensure the quality and reliability of aftermarket parts. These regulations create a favorable environment for aftermarket suppliers and assure compliance with industry standards.
Technological Advancements in Aircraft Design: The adoption of lightweight materials, composite structures, and digital technologies in aircraft manufacturing has necessitated specialized aftermarket parts. These advancements drive innovation and create demand for customized and tailored parts.

Challenges and Restraints in Aircraft Aftermarket Parts Market

High cost of aftermarket parts
Supply chain disruptions
Regulatory restrictions
Competition from OEMs

Emerging Trends in Aircraft Aftermarket Parts

Predictive maintenance
Use of artificial intelligence
Development of new materials
Growing focus on sustainability

Growth Catalysts in Aircraft Aftermarket Parts Industry

Government initiatives to promote aviation
Increasing investment in airport infrastructure
Growing demand for business jets
Rise of low-cost airlines

Market Segmentation: Aircraft Aftermarket Parts Analysis

Parts Type:

MRO Parts
Rotable Replacement Parts

Component Type:

Engine
Airframe
Interior
Cockpit Systems
Others

Aircraft:

Narrow-body
Wide-body
Regional Aircraft

Leading Players in the Aircraft Aftermarket Parts Market

Significant developments in Aircraft Aftermarket Parts Sector

GE Aviation's acquisition of Avio Aero
Honeywell's launch of the GoDirect MRO platform
Airbus's partnership with Air France Industries KLM Engineering & Maintenance

Comprehensive Coverage Aircraft Aftermarket Parts Market Report

Market Definition and Segmentation
Market Size and Forecast
Industry Landscape
Key Market Drivers and Challenges
Analysis of Emerging Trends
Detailed Market Segmentation
Regulatory and Government Policies
SWOT Analysis of Leading Players
Company Profiles and Market Shares
Impact of COVID-19 on the Industry

Regional Insight

The global aircraft aftermarket parts market is geographically segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America. North America remains the dominant region, driven by its well-established aviation industry, high aircraft utilization rates, and stringent regulatory requirements. Europe holds a significant market share, primarily due to its mature aviation sector, including a large low-cost carrier market and an aging aircraft fleet. Asia Pacific is expected to experience significant growth, fueled by rapidly expanding airlines, increasing air traffic demand, and the emergence of new aircraft manufacturers in the region. South America and the Middle East and Africa are expected to witness steady growth as aviation industries in these regions expand.

Aircraft Aftermarket Parts Market Market Share by Region - Global Geographic Distribution — Aircraft Aftermarket Parts Market Regional Market Share

Geographic Coverage of Aircraft Aftermarket Parts Market

Higher Coverage

Lower Coverage

No Coverage

Aircraft Aftermarket Parts Market REPORT HIGHLIGHTS

Aspects	Details
Study Period	2020-2034
Base Year	2025
Estimated Year	2026
Forecast Period	2026-2034
Historical Period	2020-2025
Growth Rate	CAGR of 5.7% from 2020-2034
Segmentation	By Parts Type MRO Parts Consumable Rotable Replacement Parts Life Limited Parts By Supply OEMs USM PMAs By Component Type Engine Airframe Interior Cockpit Systems Landing Gear Others By Platform [Commercial Narrow Body Wide Body Cargo Aircraft Civil Helicopters By Geography By Geography North America

1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
- 2.1. Introduction
3. Market Dynamics
- 3.1. Introduction
- - 3.2. Market Drivers
  - - 3.2.1. Surge in Adoption of Cost-Effective and Fuel Efficient Aircraft is Refueling the Market Growth
- - 3.3. Market Restrains
  - - 3.3.1. Issues Related to the Coordination of Facilities will Restrain the Supply Chain Network
- - 3.4. Market Trends
4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
5. Global Aircraft Aftermarket Parts Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Parts Type
  - 5.1.1. MRO Parts
  - 5.1.2. Consumable
  - 5.1.3. Rotable Replacement Parts
  - 5.1.4. Life Limited Parts
- 5.2. Market Analysis, Insights and Forecast - by Supply
  - 5.2.1. OEMs
  - 5.2.2. USM
  - 5.2.3. PMAs
- 5.3. Market Analysis, Insights and Forecast - by Component Type
  - 5.3.1. Engine
  - 5.3.2. Airframe
  - 5.3.3. Interior
  - 5.3.4. Cockpit Systems
  - 5.3.5. Landing Gear
  - 5.3.6. Others
- 5.4. Market Analysis, Insights and Forecast - by Platform [Commercial
  - 5.4.1. Narrow Body
  - 5.4.2. Wide Body
  - 5.4.3. Cargo Aircraft
  - 5.4.4. Civil Helicopters
- 5.5. Market Analysis, Insights and Forecast - by Region
  - 5.5.1. By Geography
6. Competitive Analysis
- 6.1. Global Market Share Analysis 2025
- - 6.2. Company Profiles
  - - 6.2.1 The Boeing Company (The US)
      6.2.1.1. Overview
      6.2.1.2. Products
      6.2.1.3. SWOT Analysis
      6.2.1.4. Recent Developments
      6.2.1.5. Financials (Based on Availability)
    - 6.2.2 Collins Aerospace (The US)
      6.2.2.1. Overview
      6.2.2.2. Products
      6.2.2.3. SWOT Analysis
      6.2.2.4. Recent Developments
      6.2.2.5. Financials (Based on Availability)
    - 6.2.3 Honeywell International Inc. (The US)
      6.2.3.1. Overview
      6.2.3.2. Products
      6.2.3.3. SWOT Analysis
      6.2.3.4. Recent Developments
      6.2.3.5. Financials (Based on Availability)
    - 6.2.4 General Electric Company (The US)
      6.2.4.1. Overview
      6.2.4.2. Products
      6.2.4.3. SWOT Analysis
      6.2.4.4. Recent Developments
      6.2.4.5. Financials (Based on Availability)
    - 6.2.5 Eaton Technologies (The US)
      6.2.5.1. Overview
      6.2.5.2. Products
      6.2.5.3. SWOT Analysis
      6.2.5.4. Recent Developments
      6.2.5.5. Financials (Based on Availability)
    - 6.2.6 Meggitt PLC (The UK)
      6.2.6.1. Overview
      6.2.6.2. Products
      6.2.6.3. SWOT Analysis
      6.2.6.4. Recent Developments
      6.2.6.5. Financials (Based on Availability)
    - 6.2.7 UTC Aerospace Systems (The US)
      6.2.7.1. Overview
      6.2.7.2. Products
      6.2.7.3. SWOT Analysis
      6.2.7.4. Recent Developments
      6.2.7.5. Financials (Based on Availability)
    - 6.2.8 AJW Group (The UK)
      6.2.8.1. Overview
      6.2.8.2. Products
      6.2.8.3. SWOT Analysis
      6.2.8.4. Recent Developments
      6.2.8.5. Financials (Based on Availability)

List of Figures

Figure 1: Global Aircraft Aftermarket Parts Market Revenue Breakdown (USD Billion, %) by Region 2025 & 2033
Figure 2: Global Aircraft Aftermarket Parts Market Volume Breakdown (K Tons, %) by Region 2025 & 2033
Figure 3: By Geography Aircraft Aftermarket Parts Market Revenue (USD Billion), by Parts Type 2025 & 2033
Figure 4: By Geography Aircraft Aftermarket Parts Market Volume (K Tons), by Parts Type 2025 & 2033
Figure 5: By Geography Aircraft Aftermarket Parts Market Revenue Share (%), by Parts Type 2025 & 2033
Figure 6: By Geography Aircraft Aftermarket Parts Market Volume Share (%), by Parts Type 2025 & 2033
Figure 7: By Geography Aircraft Aftermarket Parts Market Revenue (USD Billion), by Supply 2025 & 2033
Figure 8: By Geography Aircraft Aftermarket Parts Market Volume (K Tons), by Supply 2025 & 2033
Figure 9: By Geography Aircraft Aftermarket Parts Market Revenue Share (%), by Supply 2025 & 2033
Figure 10: By Geography Aircraft Aftermarket Parts Market Volume Share (%), by Supply 2025 & 2033
Figure 11: By Geography Aircraft Aftermarket Parts Market Revenue (USD Billion), by Component Type 2025 & 2033
Figure 12: By Geography Aircraft Aftermarket Parts Market Volume (K Tons), by Component Type 2025 & 2033
Figure 13: By Geography Aircraft Aftermarket Parts Market Revenue Share (%), by Component Type 2025 & 2033
Figure 14: By Geography Aircraft Aftermarket Parts Market Volume Share (%), by Component Type 2025 & 2033
Figure 15: By Geography Aircraft Aftermarket Parts Market Revenue (USD Billion), by Platform [Commercial 2025 & 2033
Figure 16: By Geography Aircraft Aftermarket Parts Market Volume (K Tons), by Platform [Commercial 2025 & 2033
Figure 17: By Geography Aircraft Aftermarket Parts Market Revenue Share (%), by Platform [Commercial 2025 & 2033
Figure 18: By Geography Aircraft Aftermarket Parts Market Volume Share (%), by Platform [Commercial 2025 & 2033
Figure 19: By Geography Aircraft Aftermarket Parts Market Revenue (USD Billion), by Country 2025 & 2033
Figure 20: By Geography Aircraft Aftermarket Parts Market Volume (K Tons), by Country 2025 & 2033
Figure 21: By Geography Aircraft Aftermarket Parts Market Revenue Share (%), by Country 2025 & 2033
Figure 22: By Geography Aircraft Aftermarket Parts Market Volume Share (%), by Country 2025 & 2033

List of Tables

Table 1: Global Aircraft Aftermarket Parts Market Revenue USD Billion Forecast, by Parts Type 2020 & 2033
Table 2: Global Aircraft Aftermarket Parts Market Volume K Tons Forecast, by Parts Type 2020 & 2033
Table 3: Global Aircraft Aftermarket Parts Market Revenue USD Billion Forecast, by Supply 2020 & 2033
Table 4: Global Aircraft Aftermarket Parts Market Volume K Tons Forecast, by Supply 2020 & 2033
Table 5: Global Aircraft Aftermarket Parts Market Revenue USD Billion Forecast, by Component Type 2020 & 2033
Table 6: Global Aircraft Aftermarket Parts Market Volume K Tons Forecast, by Component Type 2020 & 2033
Table 7: Global Aircraft Aftermarket Parts Market Revenue USD Billion Forecast, by Platform [Commercial 2020 & 2033
Table 8: Global Aircraft Aftermarket Parts Market Volume K Tons Forecast, by Platform [Commercial 2020 & 2033
Table 9: Global Aircraft Aftermarket Parts Market Revenue USD Billion Forecast, by Region 2020 & 2033
Table 10: Global Aircraft Aftermarket Parts Market Volume K Tons Forecast, by Region 2020 & 2033
Table 11: Global Aircraft Aftermarket Parts Market Revenue USD Billion Forecast, by Parts Type 2020 & 2033
Table 12: Global Aircraft Aftermarket Parts Market Volume K Tons Forecast, by Parts Type 2020 & 2033
Table 13: Global Aircraft Aftermarket Parts Market Revenue USD Billion Forecast, by Supply 2020 & 2033
Table 14: Global Aircraft Aftermarket Parts Market Volume K Tons Forecast, by Supply 2020 & 2033
Table 15: Global Aircraft Aftermarket Parts Market Revenue USD Billion Forecast, by Component Type 2020 & 2033
Table 16: Global Aircraft Aftermarket Parts Market Volume K Tons Forecast, by Component Type 2020 & 2033
Table 17: Global Aircraft Aftermarket Parts Market Revenue USD Billion Forecast, by Platform [Commercial 2020 & 2033
Table 18: Global Aircraft Aftermarket Parts Market Volume K Tons Forecast, by Platform [Commercial 2020 & 2033
Table 19: Global Aircraft Aftermarket Parts Market Revenue USD Billion Forecast, by Country 2020 & 2033
Table 20: Global Aircraft Aftermarket Parts Market Volume K Tons Forecast, by Country 2020 & 2033
Table 21: North America Aircraft Aftermarket Parts Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 22: North America Aircraft Aftermarket Parts Market Volume (K Tons) Forecast, by Application 2020 & 2033

Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

Web Analytics
Survey Reports
Research Institute
Latest Research Reports
Opinion Leaders

Secondary Research

Annual Reports
White Paper
Latest Press Release
Industry Association
Paid Database
Investor Presentations

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Aircraft Aftermarket Parts Market?

The projected CAGR is approximately 5.7%.

2. Which companies are prominent players in the Aircraft Aftermarket Parts Market?

Key companies in the market include The Boeing Company (The US), Collins Aerospace (The US), Honeywell International Inc. (The US), General Electric Company (The US), Eaton Technologies (The US), Meggitt PLC (The UK), UTC Aerospace Systems (The US), AJW Group (The UK).

3. What are the main segments of the Aircraft Aftermarket Parts Market?

The market segments include Parts Type, Supply, Component Type, Platform [Commercial.

4. Can you provide details about the market size?

The market size is estimated to be USD 29.44 USD Billion as of 2022.

5. What are some drivers contributing to market growth?

Surge in Adoption of Cost-Effective and Fuel Efficient Aircraft is Refueling the Market Growth.

6. What are the notable trends driving market growth?

N/A

7. Are there any restraints impacting market growth?

Issues Related to the Coordination of Facilities will Restrain the Supply Chain Network.

8. Can you provide examples of recent developments in the market?

N/A

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4850, USD 5850, and USD 6850 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in USD Billion and volume, measured in K Tons.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Aircraft Aftermarket Parts Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Aircraft Aftermarket Parts Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Aircraft Aftermarket Parts Market?

To stay informed about further developments, trends, and reports in the Aircraft Aftermarket Parts Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.

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