Global Aircraft Parts - News, Jan 31, 2022 // - The commercial aircraft aftermarket parts market is expected to grow to USD 9.55 billion from 2020 to 2025, growing at a CAGR of 5.42%.
Factors such as the rise of e-commerce in the distribution of aviation parts are driving the commercial aircraft aftermarket parts significantly.
Global Aircraft Parts
Our research report on "Commercial Aircraft Aftermarket Parts Market - Forecast and Analysis Report 2021-2025" has comprehensively covered the factors influencing the major market growth potential over the coming years that determine the market growth rate during the forecast period.
More Fuel Efficient Aircraft, Worth Us$2.9 Trillion, Predicted To Be Delivered By 2040
A J Walter Aviation Ltd., AAR Corp., Bombardier Inc., Eaton Corp. Plc, General Electric Co., Honeywell International Inc., Meggitt Plc, Parker Hannifin Corp., Raytheon Technologies Corp. and Boeing Co.
Parent Market Analysis, Market Growth Drivers and Restraints, Analysis of Fast Growing and Slow Growing Segments, Analysis of COVID-19 Impact and Recovery and Future Consumer Dynamics, Market Status Analysis for the Forecast Period
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Growing demands for joint ventures in the aviation sector is one of the major factors driving the global commercial aircraft segment over the forecast period. The introduction of strict regulatory standards has prevented new vendors from entering the aerospace manufacturing industry, but the long development period of aircraft and the need to develop partnerships with vendors with proven expertise in a particular field have allowed new entrants. In addition, OEMs are expected to encourage new market entrants, which could enhance the product development process and in turn benefit smaller retailers. Therefore, joint efforts will fuel the demand for efficient, lightweight and reliable rear parts in the coming years.
Airplane Parts Shortage Threatens More Disruptions To Air Travel
Lack of resources is one of the major challenges for the growth of the global commercial aircraft market. Capacity constraints, especially engine overhauls, lead to congestion resulting in a lack of supply and demand. It is also widely used in Boeing 737 and Airbus A320 aircraft. In addition, the commercial aviation industry faces issues such as increased turnaround times for engine shop visits due to shortages of certain narrow-gauge aircraft engine materials. Hence, such factors are expected to hamper the growth of the global commercial aircraft aftermarket parts market during the forecast period.
Core Market Get a free sample to learn more about the drivers, trends and challenges affecting the commercial aircraft market.
The commercial aircraft aftermarket parts market is fragmented and vendors are using various organic and inorganic strategies to compete in the market.
For more detailed information on product offerings and growth strategies adopted by other vendors, download a free sample report
Aog Aircraft Parts
Growth of the commercial aircraft aftermarket from MRO parts will be significant over the forecast period. The aircraft MRO industry is highly regulated as it plays an important role in certifying aircraft airworthiness. Growth in the MRO parts segment will be driven by OEMs providing total maintenance programs to attract customers and gain profitable market share.
APAC will contribute 36% of the global commercial aircraft market share growth over the forecast period. China and Singapore are major segments of commercial aircraft in APAC.
The growing demand for next-generation fuel-efficient aircraft is expected to boost the growth of the commercial aircraft parts market in the region.
Request our free sample for additional brands and key segments expected to impact the market during the forecast period.
Looking To The Sky
Dicuchar Engine Market – The Dicuchar Engine market has the potential to grow to USD 2.80 billion from 2021 to 2026, but the market growth rate will decelerate at a CAGR of 3.59%. Download an exclusive free sample report
Military Laser Rangefinder Market – The Military Laser Rangefinder market is expected to grow to USD 4.67 billion during the period 2021 to 2026, with a CAGR of 6.70%.
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Aircraft Vh Ccv (2004 Bombardier Bd 700 1a10 Global Express C/n 9133) Photo By Bill Mallinson (photo Id: Ac1378780)
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BÖHLER Schmiedetechnik GmbH & Co KG is not only used in engine bays, Kapfenberg custom-made components are used in a wide range of aircraft applications.
Almost all aircraft have engine mounts from BÖHLER Schmiedetechnik GmbH & Co KG. Kapfenberg's other custom-made parts are also in demand around the world:
Customers are aircraft manufacturers and suppliers of major components and systems (Tier 1 suppliers) from Europe, America and Asia. The client list includes famous brands such as Boeing, Airbus, Embraer, Bombardier, Gulfstream, Dassault, ATR, MHI and Comac.
Airlines Want To Make Flight More Sustainable. How Will They Do It?
Kapfenberg parts can be found in most aircraft parts. The Airbus A380 is approx. Of the 4 million pieces - only about 1,000 of them are fake, so it's a small fraction of the total.
The latest image and video from the brand campaign focuses on the engine bays we manufacture for the aircraft in Kapfenberg, Austria, and shows them being installed on the Emirates Airbus A380. The ongoing blog series provides more information and insights on the product, applications and market, as well as Hans Freudenthaler of Böhler Schmiedetechnik GmbH & Co KG, the star of the campaign.
About the Author Maintains editorial responsibility for writing blog topics, research and articles. Stories provide insight into the world of the Group.
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Commercial Aircraft Aftermarket Parts Market To Register A Growth Of Usd 9.55 Billion At A Cagr Of 5.42%|rise In E Commerce Is A Key Driver
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