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Aerospace Parts Manufacturing - Global Strategic Business Report

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    Report

  • 579 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5301734
The global market for Aerospace Parts Manufacturing is estimated at US$703.6 Billion in 2023 and is projected to reach US$1 Trillion by 2030, growing at a CAGR of 5.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Aerostructures segment, which is expected to reach US$495.5 Billion by 2030 with a CAGR of 4.7%. The Aerospace Engines segment is also set to grow at 5.3% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $216.8 Billion in 2023, and China, forecasted to grow at an impressive 6.8% CAGR to reach $146.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Aerospace Parts Manufacturing Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Aerospace Parts Manufacturing Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Aerospace Parts Manufacturing Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as 3M Company, Aerosonic Corporation, Aircraft Spruce and Specialty Company, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 91 Featured):

  • 3M Company
  • Aerosonic Corporation
  • Aircraft Spruce and Specialty Company
  • ACRO Aircraft Seating Ltd.
  • AeroControlex Group
  • Aerosila
  • Adient Aerospace LLC
  • Aeroaid Ltd.
  • ABC International
  • Aircraft Cabin Modification GmbH
  • Aequs Pvt. Ltd.
  • Aircraft Lighting International
  • Adams Rite Aerospace, Inc.
  • Advent Aircraft Systems, Inc.
  • Airbus Sas

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Automation, the Central Theme in the Manufacturing Industry in 2022 & Beyond
  • Global Manufacturing Industry Sways to the Automation Tune: Global Opportunity for Industrial Automation (In US$ Billion) for Years 2022, 2024 and 2026
  • Global Economic Update
  • Competition
  • Aerospace Engine - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • World Brands
  • Recent Market Activity
  • Aerospace Parts Manufacturing - Global Key Competitors Percentage Market Share in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • A Recovering Commercial Aviation Industry Brightens the Outlook for Aircraft Supply Chain OEMs
  • A Steady, Although Slow, Recovery Trajectory of Commercial Aviation to Bring Hope to OEMs in the Commercial Aircraft Supply Chain: Number of Scheduled Passengers Boarded by Airlines Worldwide industry (In Million) for Years 2018 Through 2023
  • As the World Steps Up Military Spending in the Wake of the Russia Ukraine War, It is Uninterrupted Growth for OEMs in the Military Aircraft Supply Chain
  • Military Aircraft Supply Chain to Benefit from the Unfortunate State of Global Geo-Political Affairs: Military Spending by Top Countries in 2022 (In US$ Billion)
  • Putin’s Nuclear Sabre Rattling Puts the World on Edge & Defense Spending on Top of the Priority List in an Increasingly Nervous, Multipolar World: Global Inventory of Nuclear Warheads by Country for the Year 2022 (In Units)
  • Machining Centers Evolve as Preferred Tools for Manufacturing Critical & Complex Aircraft Parts & Components
  • Strong Opportunities for Microporous Insulation in Aircraft Parts Manufacturing
  • A Strong Aircraft MRO Market to Ensure Steady Demand Flow for Replacement Aircraft Parts & Components
  • Robust Spending on MRO Opens a Parallel Opportunity for Maintaining a Strong MRO Inventory Comprising of Spare/Replacement Parts & Components: Global Aircraft Maintenance, Repair and Overhaul (MRO) Market (In US$ Billion) for Years 2021, 2023, 2025 and 2027
  • Aircraft PMA Parts Usage Becomes Widespread
  • Aging Aircraft Fleet, an Opportunity for Fleet Upgrades and Replacement Parts & Components
  • Average Age (in Years) of Globally Operating Aircraft Fleet for 2020 & 2030
  • Additive Manufacturing Storms Into the Spotlight in the Aerospace Sector. Here’s Why
  • A Massive Shift to Additive Manufacturing Practices Represents an Overarching Trend in the Aerospace Parts Manufacturing Market: Global Opportunity for Aerospace Additive Manufacturing (In US$ Million) for Years 2021, 2023, 2025 and 2027
  • With Airlines Making Investments in Cabin Makeovers & Modifications, Demand for Cabin Components to Witness Growth
  • Aerospace Valves in the Spotlight
  • Overview & Outlook of the Often Neglected Workhorse of Aircraft Engineering - Fasteners
  • The Rise of Context Aware Aircraft to Broaden Demand for Antennas
  • Robust Outlook for the Future of Connected Aviation to Open Up Aircraft Connectivity Challenges & New Opportunities for Antenna Manufacturing: Global Number of Connected Aircraft (In Units) for the Years 2021, 2025 & 2029
  • Innovative Aircraft Engines Grow in Commercial Value in Both Civilian & Military Sectors
  • The Most Important Part of Aerospace Manufacturing is Material Innovation. Here’s Why
  • Blockchain Storms Into the Spotlight for Aerospace Parts Tracking
  • How Artificial Intelligence is Changing the Aerospace Manufacturing Industry
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Aerospace Parts Manufacturing Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Aerospace Parts Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Aerospace Parts Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Aerospace Parts Manufacturing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Aerostructures by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Aerostructures by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Aerostructures by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Engines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Engines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Engines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Avionics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Avionics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Avionics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Cabin Interiors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Cabin Interiors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for Cabin Interiors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Equipment, System & Support by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Equipment, System & Support by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Equipment, System & Support by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Insulation Components by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Insulation Components by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Insulation Components by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Commercial Aircraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Commercial Aircraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Commercial Aircraft by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Military Aircraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Military Aircraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 28: World 16-Year Perspective for Military Aircraft by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 29: World Recent Past, Current & Future Analysis for Business Aircraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 30: World Historic Review for Business Aircraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 31: World 16-Year Perspective for Business Aircraft by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 32: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 33: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 34: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Aerospace Parts Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Aerospace Parts Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
EUROPE
  • Aerospace Parts Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Aerospace Parts Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 3M Company
  • Aerosonic Corporation
  • Aircraft Spruce and Specialty Company
  • ACRO Aircraft Seating Ltd.
  • AeroControlex Group
  • Aerosila
  • Adient Aerospace LLC
  • Aeroaid Ltd.
  • ABC International
  • Aircraft Cabin Modification GmbH
  • Aequs Pvt. Ltd.
  • Aircraft Lighting International
  • Adams Rite Aerospace, Inc.
  • Advent Aircraft Systems, Inc.
  • Airbus Sas

Table Information