Key Highlights
- Aerospace parts manufacturing industry deals with producing parts and components for aircraft. The market scope includes civil aerospace, military aerospace, and general aerospace parts manufacturing. Market value represents revenue generated by market players in a specific year.
- The North American aerospace parts manufacturing market recorded revenues of $248.5 billion in 2024, representing a negative compound annual growth rate (CAGR) of 1.3% between 2019 and 2024.
- The aircraft parts segment accounted for the market's largest proportion in 2024, with total revenues of $184.9 billion, equivalent to 74.4% of the market's overall value.
- In 2024, the North American aerospace parts manufacturing market witnessed an annual growth of 8.0%. This growth is largely attributed to the increasing demand for aircraft replacement and maintenance.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace parts manufacturing market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace parts manufacturing market in North America
- Leading company profiles reveal details of key aerospace parts manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America aerospace parts manufacturing market with five year forecasts
Reasons to Buy
- What was the size of the North America aerospace parts manufacturing market by value in 2024?
- What will be the size of the North America aerospace parts manufacturing market in 2029?
- What factors are affecting the strength of competition in the North America aerospace parts manufacturing market?
- How has the market performed over the last five years?
- Who are the top competitors in North America's aerospace parts manufacturing market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Honeywell Aerospace
- The Boeing Co
- Lockheed Martin Corp
- RTX Corp