According to the Foreclaro Global Research, the
Global
Aerospace Parts Manufacturing Market size was valued at USD 981.6 billion
in 2024. The report “Global
Aerospace Parts Manufacturing Market Segmentation By Product (Engines,
Aerostructure, Cabin Interiors, Equipment, System, and Support, Avionics, Insulation
Components), By Material Type (Composites, Metals & Alloys, Superalloys, Thermoplastics
& Thermosets, Additive Manufacturing Materials), By Platform (Commercial
Aircraft, Business Jet, General Aviation Aircraft, Helicopters, Military
Aircraft (fighters, transports, UAVs), Spacecraft & Launch Vehicles), By End
User (Commercial Aircraft, Business Aircraft, Military Aircraft, Other Aircraft)- Industry Trends and Forecast to
2033” gives a
detailed insight into current market dynamics and provides analysis on future
market growth.
The aerospace parts manufacturing market is
experiencing steady growth driven by rising global aircraft production,
increasing air travel demand, and continuous fleet modernization efforts by
commercial airlines and defense sectors. Manufacturers are focusing on
producing high-performance engines, lightweight aerostructures, advanced
avionics, and durable cabin components using next-generation materials such as
composites, titanium alloys, and additive manufacturing powders. Strong
investment in automation, digital twins, and Industry 4.0 technologies is
enhancing precision, reducing production cycles, and strengthening supply-chain
efficiency. The market is also benefiting from expanding MRO activities, which
generate consistent demand for replacement and refurbished parts. Meanwhile,
emerging opportunities in electric and hybrid aircraft, UAVs, and space systems
are widening the scope of component manufacturing. However, stringent
certification standards, skilled labor shortages, and raw material price volatility
remain significant industry constraints. Overall, the sector is transitioning
toward more efficient, digitally integrated, and sustainability-focused
production ecosystems.
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Global Aerospace
Parts Manufacturing Market Report Highlights
· Rising
commercial aircraft deliveries, increasing passenger traffic, and global fleet
expansion continue to fuel demand for engines, aerostructures, avionics, and
cabin components.
· Rapid
adoption of composites, titanium alloys, and additive manufacturing materials
is enhancing fuel efficiency, reducing weight, and improving structural
performance.
· Integration
of Industry 4.0, automation, digital twins, and smart factories is improving
productivity, precision, and quality control across component production.
· Aging
fleets and rising air travel are accelerating the need for replacement parts,
refurbishment components, and maintenance-driven supply cycles.
· Increased
defense spending, UAV proliferation, and rising satellite and launch vehicle
programs are broadening revenue opportunities for part suppliers.
· Global
suppliers are diversifying production footprints, strengthening regional
sourcing, and forming partnerships to mitigate supply chain disruptions and
reduce dependency on single geographies.
Foreclaro
Global Research has segmented the Aerospace Parts Manufacturing Market report
based on Product, Material Type, End user, and region:
Aerospace
Parts Manufacturing Market, Product Outlook (Revenue - USD Million, 2020 -
2033)
Engines
Aerostructure
Cabin
Interiors
Equipment
System and
Support
Avionics
Insulation
Components
Aerospace
Parts Manufacturing Market, Material Type Outlook (Revenue - USD Million, 2020
- 2033)
Composites
Metals
& Alloys
Superalloys
Thermoplastics
& Thermosets
Additive
Manufacturing Materials
Aerospace
Parts Manufacturing Market, Platform Outlook (Revenue - USD Million, 2020 -
2033)
Commercial
Aircraft
Business
Jet
General
Aviation Aircraft
Helicopters
Military
Aircraft (fighters, transports, UAVs)
Spacecraft
& Launch Vehicles
Aerospace
Parts Manufacturing Market, End User Outlook (Revenue - USD Million, 2020 -
2033)
Commercial
Aircraft
Business
Aircraft
Military
Aircraft
Other
Aircraft
Aerospace
Parts Manufacturing Market, Regional Outlook (Revenue - USD Million, 2020 -
2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Global Aerospace Parts Manufacturing Market Key Players
·
JAMCO Corporation
·
Intrex Aerospace
·
Rolls Royce plc
·
CAMAR Aircraft Parts Company
·
Safran Group
·
Woodward, Inc.
·
Engineered Propulsion System
·
Eaton Corporation plc
·
Aequs
·
Aero Engineering & Manufacturing Co.