The global market for Aerospace Parts Manufacturing is estimated at US$714.6 Billion in 2023 and is projected to reach US$1.1 Trillion by 2030, growing at a CAGR of 5.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the aerospace parts manufacturing market is driven by several factors. Firstly, the increasing production rates of commercial aircraft, driven by the growing demand for air travel, are a major driver. Secondly, advancements in manufacturing technologies, such as additive manufacturing and automation, are enhancing production capabilities and efficiency. Thirdly, the rising demand for lightweight and high-performance materials is leading to the adoption of advanced materials in aerospace parts manufacturing.
Additionally, the expansion of the defense sector and the development of new military aircraft and systems are boosting the demand for aerospace components. Furthermore, the increasing investments in space exploration and satellite deployment are contributing to the growth of the aerospace parts manufacturing market. Lastly, the focus on maintenance, repair, and overhaul (MRO) services to ensure the longevity and reliability of aircraft is further driving the demand for high-quality aerospace parts.
The growth in the aerospace parts manufacturing market is driven by several factors. Firstly, the increasing production rates of commercial aircraft, driven by the growing demand for air travel, are a major driver. Secondly, advancements in manufacturing technologies, such as additive manufacturing and automation, are enhancing production capabilities and efficiency. Thirdly, the rising demand for lightweight and high-performance materials is leading to the adoption of advanced materials in aerospace parts manufacturing.
Additionally, the expansion of the defense sector and the development of new military aircraft and systems are boosting the demand for aerospace components. Furthermore, the increasing investments in space exploration and satellite deployment are contributing to the growth of the aerospace parts manufacturing market. Lastly, the focus on maintenance, repair, and overhaul (MRO) services to ensure the longevity and reliability of aircraft is further driving the demand for high-quality aerospace parts.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Aerostructures segment, which is expected to reach US$501.9 Billion by 2030 with a CAGR of a 5.3%. The Engines segment is also set to grow at 6.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $216.8 Billion in 2023, and China, forecasted to grow at an impressive 7.8% 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
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADACHINAFRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEAUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTAFRICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
EUROPE
ASIA-PACIFIC
Companies Mentioned
- 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
| Report Attribute | Details |
|---|---|
| No. of Pages | 579 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 714.6 Billion |
| Forecasted Market Value ( USD | $ 1100 Billion |
| Compound Annual Growth Rate | 5.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
