Global Commercial Aircraft Aftermarket Parts Market

Market Overview

• The Global Commercial Aircraft Aftermarket Parts Market Size is Expected to Grow from USD 40.80 Billion in 2023 to 69.79 Billion by 2033, at a CAGR of 5.51% during the forecast period 2023-2033.
• The systems and parts required for commercial aircraft maintenance, repair, and overhaul (MRO) are the main focus of the commercial aircraft aftermarket parts business.
• Throughout their lives, these components guarantee airworthiness, safety, and operational effectiveness. Aging aircraft fleets, increased air traffic, cost effectiveness, technological developments, and regulatory compliance are some of the factors propelling this industry.
• As airplanes get older, there is a greater requirement for improvements and routine maintenance, as well as replacement parts.
• Additionally, the industry is pushed by strict aviation safety requirements and technical improvements that improve the quality and availability of aftermarket components.

Major vendors in the Global Commercial Aircraft Aftermarket Parts Market

The Boeing Company, Honeywell International Inc., General Electric Company, Moog Inc., Collins Aerospace (RTX Corporation, and others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the commercial aircraft aftermarket parts market based on the below-mentioned segments:

Global Commercial Aircraft Aftermarket Parts Market, By Aircraft Type

• Narrow-Body
• Wide-Body
• Regional Jet

Global Commercial Aircraft Aftermarket Parts Market, By Component Type

• Airframe
• Engine
• Interior
• Other Component Types

Global Commercial Aircraft Aftermarket Parts Market, By Parts

• MRO Parts
• Rotable Replacement Parts

Global Commercial Aircraft Aftermarket Parts Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa