The global market for Crane Aerospace Aftermarket was estimated at US$425.8 Million in 2024 and is projected to reach US$571.9 Million by 2030, growing at a CAGR of 5.0% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Crane Aerospace Aftermarket market.
Segments: Replacement Parts (Gears, Shafts, Control System, Motors, Brakes, Other Replacement Parts); Cranes (Overhead Cranes, Gantry Cranes, Jib Cranes, Mobile Cranes, Other Cranes); Sales Channel (OEMs Sales Channel, Third Party Provider Sales Channel); Application (Commercial Aviation Application, Military Aviation Application, General Aviation Application)
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
Global Crane Aerospace Aftermarket - Key Trends & Drivers Summarized
Why Is the Crane Aerospace Aftermarket Expanding? Analyzing the Surge in Aircraft Maintenance & Upgrades
The global crane aerospace aftermarket is witnessing significant growth, driven by increasing aircraft fleet modernization, rising air travel demand, and the need for cost-effective maintenance solutions. As airlines and defense sectors prioritize operational efficiency and safety, the demand for aftermarket services such as component repair, system retrofits, and part replacements has surged. The aviation industry`s shift towards extending aircraft lifespans rather than purchasing new models has further strengthened the aftermarket sector, leading to increased investment in crane aerospace components. The growing emphasis on predictive maintenance, powered by AI and IoT-based monitoring systems, has enabled airlines and military operators to preemptively replace or repair critical components, reducing downtime and operational costs. Additionally, the rise of low-cost carriers (LCCs) and regional airlines has fueled the need for reliable aftermarket solutions, ensuring seamless aircraft performance while optimizing maintenance budgets. The increasing adoption of fuel-efficient aircraft systems, particularly in hydraulic, electrical, and braking components, has also created a steady demand for aftermarket parts that comply with evolving environmental regulations.Which Crane Aerospace Components Are Dominating the Aftermarket? Exploring Key Segments
The crane aerospace aftermarket comprises a broad range of components, each serving vital functions in commercial, military, and general aviation sectors. Hydraulic components, including pumps, actuators, and valves, remain a dominant segment, given their critical role in aircraft braking, landing gear operations, and flight control systems. Electrical power solutions, such as generators, sensors, and power conversion units, have gained prominence due to the aviation industry’s increasing shift toward more electric aircraft (MEA) configurations. Additionally, cabin pressure control systems, oxygen supply units, and potable water systems are experiencing higher aftermarket demand as airlines upgrade passenger comfort and safety features. The rising need for lightweight and high-performance materials has also influenced the development of advanced composite-based crane aerospace components, enabling better fuel efficiency and aircraft durability. With the expansion of the unmanned aerial vehicle (UAV) and electric vertical takeoff and landing (eVTOL) segments, the demand for precision aerospace components in the aftermarket is further diversifying.How Is Technology Shaping the Crane Aerospace Aftermarket? The Role of Digitalization & Predictive Maintenance
The crane aerospace aftermarket is undergoing a transformative shift, driven by rapid advancements in digital technologies, predictive maintenance, and additive manufacturing. The integration of IoT-enabled sensors in aerospace components has revolutionized maintenance strategies, allowing real-time monitoring of hydraulic, electrical, and braking systems to detect early signs of wear and tear. Artificial intelligence (AI) and machine learning (ML) algorithms are increasingly being used to optimize part replacement schedules, reducing unexpected failures and improving fleet reliability. Additionally, the adoption of 3D printing (additive manufacturing) has enabled faster production of replacement parts, reducing lead times and minimizing supply chain disruptions. The rise of digital twin technology, which creates virtual replicas of aircraft systems, has further enhanced aftermarket services by enabling proactive troubleshooting and performance optimization. As aerospace regulations continue to evolve, the use of blockchain in aftermarket supply chains is gaining traction, ensuring transparency, authenticity, and traceability of replacement parts.What’s Driving the Growth of the Crane Aerospace Aftermarket? Key Market Influencers Explained
The growth in the crane aerospace aftermarket is driven by several factors, including the increasing global aircraft fleet, stringent safety regulations, and advancements in predictive maintenance solutions. The aviation industry`s post-pandemic recovery has led to a surge in passenger traffic, prompting airlines to invest in aircraft maintenance and system upgrades. Additionally, the growing adoption of digitalized maintenance practices has enabled airlines to optimize aftermarket service costs while enhancing aircraft longevity. The expansion of military aviation and the increasing demand for UAVs in defense and commercial applications have further strengthened the aftermarket for crane aerospace components. Furthermore, sustainability initiatives, such as reducing aircraft carbon footprints and enhancing fuel efficiency, have encouraged the development of advanced, lightweight replacement parts. With ongoing technological innovations and the continued expansion of commercial and defense aviation, the global crane aerospace aftermarket is set to witness sustained growth, offering advanced maintenance solutions and enhanced aircraft performance.Report Scope
The report analyzes the Crane Aerospace Aftermarket market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments: Replacement Parts (Gears, Shafts, Control System, Motors, Brakes, Other Replacement Parts); Cranes (Overhead Cranes, Gantry Cranes, Jib Cranes, Mobile Cranes, Other Cranes); Sales Channel (OEMs Sales Channel, Third Party Provider Sales Channel); Application (Commercial Aviation Application, Military Aviation Application, General Aviation Application)
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Gears segment, which is expected to reach US$159.5 Million by 2030 with a CAGR of a 4.4%. The Shafts segment is also set to grow at 4.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $111.9 Million in 2024, and China, forecasted to grow at an impressive 4.9% CAGR to reach $92.0 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Crane Aerospace Aftermarket Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Crane Aerospace Aftermarket Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Crane Aerospace Aftermarket Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 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 players such as A J Walter Aviation Limited, AAR Corp., Bombardier Inc., Collins Aerospace (RTX Corporation), Ducommun Incorporated and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 32 Featured):
- A J Walter Aviation Limited
- AAR Corp.
- Bombardier Inc.
- Collins Aerospace (RTX Corporation)
- Ducommun Incorporated
- Eaton Corporation
- FL Technics
- General Electric Company
- GKN Aerospace (Melrose Industries)
- HEICO Corporation
- Honeywell International Inc.
- Lufthansa Technik AG
- Moog Inc.
- Parker Hannifin Corporation
- Safran S.A.
- ST Engineering
- StandardAero
- The Boeing Company
- TransDigm Group Incorporated
- VSE Corporation
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What’s Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- A J Walter Aviation Limited
- AAR Corp.
- Bombardier Inc.
- Collins Aerospace (RTX Corporation)
- Ducommun Incorporated
- Eaton Corporation
- FL Technics
- General Electric Company
- GKN Aerospace (Melrose Industries)
- HEICO Corporation
- Honeywell International Inc.
- Lufthansa Technik AG
- Moog Inc.
- Parker Hannifin Corporation
- Safran S.A.
- ST Engineering
- StandardAero
- The Boeing Company
- TransDigm Group Incorporated
- VSE Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 204 |
| Published | April 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 425.8 Million |
| Forecasted Market Value ( USD | $ 571.9 Million |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
