Global Aerospace Parts Manufacturing Market Size study & Forecast, by Product Type by End User and Regional Analysis, 2023-2030

Description

List of Tables

Global Aerospace Parts Manufacturing Market is valued approximately USD 930 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 9.20% over the forecast period 2023-2030. The process of developing, producing, and assembling the parts used in the building of aerospace vehicles, such as aircraft, helicopters, spaceships, and missiles, is aerospace parts manufacturing. This covers the production of a variety of parts, including landing gear, wings, engines, and fuselages. To ensure superior quality, dependability, and safety throughout the manufacturing of aerospace parts, specialized materials, fine machinery, and cutting-edge technologies are used. Several steps make up the manufacturing process, including design, engineering, prototyping, testing, and production. The Aerospace Parts Manufacturing market is expanding because of factors such as Increasing demand for commercial aircraft, Growth in need for military aircraft and increase in demand for lightweight & durable aerospace components.

Rising sales of aircraft across the globe is fostering market growth. For instance, according to data provided by Stratus Jet Charters, there are around 21,979 operational private aircraft worldwide in 2019. In 2019, over 71% of private aircraft were in North America, and 13% were located in Europe. Between 2020 and 2029, 6,362 aircraft jets are expected to be sold for a total of USD 217.5 billion. In addition, it is expected that 7,300 new private aircraft would be sold between 2021 and 2030, with a price tag of over USD 235 billion. Additionally, industry contracts and agreements are spurring production of commercial and defense aircraft. For instance, in August 2022, the Boeing Company received a revision (P00215) to the contract for KC-46A Air Force Production Lot 8 aircraft, subscriptions, and licenses. This also includes an additional 15 KC-46A aircraft. 100% of the contract's foreign military sales to Israel are for the sum of USD 886,242,124. Thus, the rising number of contracts for manufacturing of aircraft is propelling the market growth. However, the high cost of Aerospace Parts Manufacturing and limited regulatory infrastructure stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Aerospace Parts Manufacturing Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of key market players, rising number of aircraft manufacturing contracts, rising government support to aircraft manufacturing industry. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising aerospace industry, geographic expansion of key players, and active participation of government and nonprofit organizations in the market space.

Major market players included in this report are:

Boeing Company
Dassault Aviation SA
Honeywell International Inc
Lockheed Martin Corporation
Safran S.A
Thales Group
General Electric
Lufthansa Technik
Rolls-Royce plc
Parker Hannifin Corp

Recent Developments in the Market:

In January 2023, The National Science Foundation recently awarded Advisory Aerospace OSC, a start-up, a grant of $1 million as part of initiatives to boost American manufacturing capability.
In March 2022, Los Angeles-based Hadrian Automation, a start-up that makes machined parts, revealed that it has raised US$ 90 million in a fresh round of financing headed by Andreessen Horowitz and Lux Capital. The business specialises in constructing automated factories to completely transform the aerospace supply chain.

Global Aerospace Parts Manufacturing Market Report Scope:

Historical Data: - 2020 - 2021
Base Year for Estimation: - 2022
Forecast period: - 2023-2030
Report Coverage: - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: - Product Type, End User, Region
Regional Scope: - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Product Type:

Engines
Cabin Interiors
Aerostructure
Equipment, System, and Support
Avionics
Insulation Components

By End User:

Commercial Aircraft
Business Aircraft
Military Aircraft
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Aerospace Parts Manufacturing Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Aerospace Parts Manufacturing Market, by Product Type, 2020-2030 (USD Billion)
- 1.2.3. Aerospace Parts Manufacturing Market, by End User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Aerospace Parts Manufacturing Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Aerospace Parts Manufacturing Market Dynamics

3.1. Aerospace Parts Manufacturing Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for commercial aircraft
  - 3.1.1.2. Growth in need for military aircraft
  - 3.1.1.3. Increase in demand for lightweight & durable aerospace components
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Aerospace Parts Manufacturing
  - 3.1.2.2. Limited regulatory infrastructure
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increase in adoption of 3D printing in aircraft manufacturing
  - 3.1.3.2. supportive government initiatives to promote advancements in the aerospace industry

Chapter 4. Global Aerospace Parts Manufacturing Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Aerospace Parts Manufacturing Market, by Product Type

5.1. Market Snapshot
5.2. Global Aerospace Parts Manufacturing Market by Product Type, Performance - Potential Analysis
5.3. Global Aerospace Parts Manufacturing Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
5.4. Aerospace Parts Manufacturing Market, Sub Segment Analysis
- 5.4.1. Engines
- 5.4.2. Cabin Interiors
- 5.4.3. Aerostructure
- 5.4.4. Equipment, System, and Support
- 5.4.5. Avionics
- 5.4.6. Insulation Components

Chapter 6. Global Aerospace Parts Manufacturing Market, by End User

6.1. Market Snapshot
6.2. Global Aerospace Parts Manufacturing Market by End User, Performance - Potential Analysis
6.3. Global Aerospace Parts Manufacturing Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
6.4. Aerospace Parts Manufacturing Market, Sub Segment Analysis
- 6.4.1. Commercial Aircraft
- 6.4.2. Business Aircraft
- 6.4.3. Military Aircraft
- 6.4.4. Others

Chapter 7. Global Aerospace Parts Manufacturing Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Aerospace Parts Manufacturing Market, Regional Market Snapshot
7.4. North America Aerospace Parts Manufacturing Market
- 7.4.1. U.S. Aerospace Parts Manufacturing Market
  - 7.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. End User breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Aerospace Parts Manufacturing Market
7.5. Europe Aerospace Parts Manufacturing Market Snapshot
- 7.5.1. U.K. Aerospace Parts Manufacturing Market
- 7.5.2. Germany Aerospace Parts Manufacturing Market
- 7.5.3. France Aerospace Parts Manufacturing Market
- 7.5.4. Spain Aerospace Parts Manufacturing Market
- 7.5.5. Italy Aerospace Parts Manufacturing Market
- 7.5.6. Rest of Europe Aerospace Parts Manufacturing Market
7.6. Asia-Pacific Aerospace Parts Manufacturing Market Snapshot
- 7.6.1. China Aerospace Parts Manufacturing Market
- 7.6.2. India Aerospace Parts Manufacturing Market
- 7.6.3. Japan Aerospace Parts Manufacturing Market
- 7.6.4. Australia Aerospace Parts Manufacturing Market
- 7.6.5. South Korea Aerospace Parts Manufacturing Market
- 7.6.6. Rest of Asia Pacific Aerospace Parts Manufacturing Market
7.7. Latin America Aerospace Parts Manufacturing Market Snapshot
- 7.7.1. Brazil Aerospace Parts Manufacturing Market
- 7.7.2. Mexico Aerospace Parts Manufacturing Market
7.8. Middle East & Africa Aerospace Parts Manufacturing Market
- 7.8.1. Saudi Arabia Aerospace Parts Manufacturing Market
- 7.8.2. South Africa Aerospace Parts Manufacturing Market
- 7.8.3. Rest of Middle East & Africa Aerospace Parts Manufacturing Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Boeing Company
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Dassault Aviation SA
- 8.3.3. Honeywell International Inc
- 8.3.4. Lockheed Martin Corporation
- 8.3.5. Safran S.A
- 8.3.6. Thales Group
- 8.3.7. General Electric
- 8.3.8. Lufthansa Technik
- 8.3.9. Rolls-Royce plc
- 8.3.10. Parker Hannifin Corp

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Aerospace Parts Manufacturing Market, report scope
TABLE 2. Global Aerospace Parts Manufacturing Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Aerospace Parts Manufacturing Market estimates & forecasts by Product Type 2020-2030 (USD Billion)
TABLE 4. Global Aerospace Parts Manufacturing Market estimates & forecasts by End User 2020-2030 (USD Billion)
TABLE 5. Global Aerospace Parts Manufacturing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Aerospace Parts Manufacturing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Aerospace Parts Manufacturing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Aerospace Parts Manufacturing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Aerospace Parts Manufacturing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Aerospace Parts Manufacturing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Aerospace Parts Manufacturing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Aerospace Parts Manufacturing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Aerospace Parts Manufacturing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Aerospace Parts Manufacturing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Aerospace Parts Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Aerospace Parts Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Aerospace Parts Manufacturing Market
TABLE 70. List of primary sources, used in the study of global Aerospace Parts Manufacturing Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Aerospace Parts Manufacturing Market, research methodology
FIG 2. Global Aerospace Parts Manufacturing Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Aerospace Parts Manufacturing Market, key trends 2022
FIG 5. Global Aerospace Parts Manufacturing Market, growth prospects 2023-2030
FIG 6. Global Aerospace Parts Manufacturing Market, porters 5 force model
FIG 7. Global Aerospace Parts Manufacturing Market, pest analysis
FIG 8. Global Aerospace Parts Manufacturing Market, value chain analysis
FIG 9. Global Aerospace Parts Manufacturing Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Aerospace Parts Manufacturing Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Aerospace Parts Manufacturing Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Aerospace Parts Manufacturing Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Aerospace Parts Manufacturing Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Aerospace Parts Manufacturing Market, regional snapshot 2020 & 2030
FIG 15. North America Aerospace Parts Manufacturing Market 2020 & 2030 (USD Billion)
FIG 16. Europe Aerospace Parts Manufacturing Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Aerospace Parts Manufacturing Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Aerospace Parts Manufacturing Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Aerospace Parts Manufacturing Market 2020 & 2030 (USD Billion)