Global Aerospace Parts Manufacturing Market Size study & Forecast, by Product (Engines, Aircraft Manufacturing, Cabin Interiors, Equipment, System & Support, Avionics) by End-Use and Regional Forecasts 2025-2035

Description

The Global Aerospace Parts Manufacturing Market is valued at approximately USD 0.95 billion in 2024 and is projected to grow at a CAGR of 4.2% during the forecast period 2025-2035. Aerospace parts manufacturing encompasses the production of critical aircraft components, ranging from engines and avionics systems to cabin interiors and integrated equipment solutions. These parts are vital for ensuring operational efficiency, safety, and regulatory compliance in both commercial and defense aviation. Market growth is being propelled by rising aircraft production, increased global air travel, and ongoing technological innovations in aircraft design and component efficiency.

The escalating demand for modernized, high-performance aircraft has intensified the need for advanced aerospace parts. According to ICAO, global air passenger traffic and air cargo volumes have been steadily increasing, pushing aircraft manufacturers and maintenance providers to procure reliable, precision-engineered parts. Moreover, advancements in lightweight materials, digital manufacturing, and automation in aerospace parts production are creating lucrative growth opportunities. Nonetheless, stringent certification standards, high manufacturing costs, and geopolitical factors impacting supply chains may pose challenges throughout the forecast period of 2025-2035.

The detailed segments and sub-segments included in the report are:

By Product:

Engines
Aircraft Manufacturing
Cabin Interiors
Equipment, System & Support
Avionics

By End-Use:

Commercial Aviation
Military Aviation
Maintenance, Repair & Overhaul (MRO)

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

UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa

Engines Segment Expected to Dominate the Market

Among the product categories, engines are expected to dominate the aerospace parts manufacturing market, accounting for a significant share in both commercial and military aviation. This dominance is driven by the continuous demand for fuel-efficient, high-performance engines that adhere to rigorous safety and environmental regulations. Other segments, including avionics and cabin interiors, are witnessing robust adoption due to growing investments in next-generation aircraft systems and passenger comfort enhancements. In essence, engines remain the backbone of market revenue, while other parts segments are carving out growth opportunities through innovation and modernization.

Aircraft Manufacturing Leads in Revenue Contribution

Segmenting by product type, aircraft manufacturing parts currently generate the highest revenue contribution, as they encompass high-value components critical for assembly lines and production efficiency. Meanwhile, equipment, systems & support, as well as avionics, are emerging as fast-growing segments owing to rising technological sophistication and the increasing integration of digital systems into modern aircraft. This highlights a nuanced market scenario: engines and aircraft manufacturing drive revenue today, while support systems and avionics accelerate future growth.

The regions considered for the Global Aerospace Parts Manufacturing Market include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America dominates the market in 2025, owing to a mature aerospace ecosystem, substantial defense expenditure, and well-established commercial aviation infrastructure. Europe maintains steady growth, fueled by aerospace R&D and modernization of fleets. Asia Pacific is expected to emerge as the fastest-growing market during the forecast period, supported by increasing aircraft orders, government-backed aviation programs, and expanding MRO activities in countries like China and India. Collectively, these dynamics position Asia Pacific as a key hub for investment and expansion in aerospace parts manufacturing.

Major market players included in this report are:

Boeing Company
Airbus SE
Lockheed Martin Corporation
Northrop Grumman Corporation
Safran S.A.
Rolls-Royce Holdings plc
GE Aviation
Honeywell Aerospace
Raytheon Technologies Corporation
Leonardo S.p.A.
Spirit AeroSystems, Inc.
MTU Aero Engines AG
Bombardier Inc.
BAE Systems plc
Textron Inc.

Global Aerospace Parts Manufacturing Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent to up to 8 analysts' 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 for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained above:

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of the competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Aerospace Parts Manufacturing Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. key Findings

Chapter 3. Global Aerospace Parts Manufacturing Market Forces Analysis

3.1. Market Forces Shaping The Global Aerospace Parts Manufacturing Market (2024-2035)
3.2. Drivers
- 3.2.1. rising aircraft production
- 3.2.2. increased global air travel
3.3. Restraints
- 3.3.1. stringent certification standards
3.4. Opportunities
- 3.4.1. ongoing technological innovations in aircraft design and component efficiency

Chapter 4. Global Aerospace Parts Manufacturing Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL 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 Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Aerospace Parts Manufacturing Market Size & Forecasts by Product 2025-2035

5.1. Market Overview
5.2. Global Aerospace Parts Manufacturing Market Performance - Potential Analysis (2025)
5.3. Engines
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
5.4. Aircraft Manufacturing
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035
5.5. Cabin Interiors
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market size analysis, by region, 2025-2035
5.6. Equipment, System & Support
- 5.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.6.2. Market size analysis, by region, 2025-2035
5.7. Avionics
- 5.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.7.2. Market size analysis, by region, 2025-2035

Chapter 6. Global Aerospace Parts Manufacturing Market Size & Forecasts by End Use 2025-2035

6.1. Market Overview
6.2. Global Aerospace Parts Manufacturing Market Performance - Potential Analysis (2025)
6.3. Commercial Aviation
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
6.4. Military Aviation
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035
6.5. Maintenance, Repair & Overhaul (MRO)
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.5.2. Market size analysis, by region, 2025-2035

Chapter 7. Global Aerospace Parts Manufacturing Market Size & Forecasts by Region 2025-2035

7.1. Growth Aerospace Parts Manufacturing Market, Regional Market Snapshot
7.2. Top Leading & Emerging Countries
7.3. North America Aerospace Parts Manufacturing Market
- 7.3.1. U.S. Aerospace Parts Manufacturing Market
  - 7.3.1.1. Product breakdown size & forecasts, 2025-2035
  - 7.3.1.2. End Use breakdown size & forecasts, 2025-2035
- 7.3.2. Canada Aerospace Parts Manufacturing Market
  - 7.3.2.1. Product breakdown size & forecasts, 2025-2035
  - 7.3.2.2. End Use breakdown size & forecasts, 2025-2035
7.4. Europe Aerospace Parts Manufacturing Market
- 7.4.1. UK Aerospace Parts Manufacturing Market
  - 7.4.1.1. Product breakdown size & forecasts, 2025-2035
  - 7.4.1.2. End Use breakdown size & forecasts, 2025-2035
- 7.4.2. Germany Aerospace Parts Manufacturing Market
  - 7.4.2.1. Product breakdown size & forecasts, 2025-2035
  - 7.4.2.2. End Use breakdown size & forecasts, 2025-2035
- 7.4.3. France Aerospace Parts Manufacturing Market
  - 7.4.3.1. Product breakdown size & forecasts, 2025-2035
  - 7.4.3.2. End Use breakdown size & forecasts, 2025-2035
- 7.4.4. Spain Aerospace Parts Manufacturing Market
  - 7.4.4.1. Product breakdown size & forecasts, 2025-2035
  - 7.4.4.2. End Use breakdown size & forecasts, 2025-2035
- 7.4.5. Italy Aerospace Parts Manufacturing Market
  - 7.4.5.1. Product breakdown size & forecasts, 2025-2035
  - 7.4.5.2. End Use breakdown size & forecasts, 2025-2035
- 7.4.6. Rest of Europe Aerospace Parts Manufacturing Market
  - 7.4.6.1. Product breakdown size & forecasts, 2025-2035
  - 7.4.6.2. End Use breakdown size & forecasts, 2025-2035
7.5. Asia Pacific Aerospace Parts Manufacturing Market
- 7.5.1. China Aerospace Parts Manufacturing Market
  - 7.5.1.1. Product breakdown size & forecasts, 2025-2035
  - 7.5.1.2. End Use breakdown size & forecasts, 2025-2035
- 7.5.2. India Aerospace Parts Manufacturing Market
  - 7.5.2.1. Product breakdown size & forecasts, 2025-2035
  - 7.5.2.2. End Use breakdown size & forecasts, 2025-2035
- 7.5.3. Japan Aerospace Parts Manufacturing Market
  - 7.5.3.1. Product breakdown size & forecasts, 2025-2035
  - 7.5.3.2. End Use breakdown size & forecasts, 2025-2035
- 7.5.4. Australia Aerospace Parts Manufacturing Market
  - 7.5.4.1. Product breakdown size & forecasts, 2025-2035
  - 7.5.4.2. End Use breakdown size & forecasts, 2025-2035
- 7.5.5. South Korea Aerospace Parts Manufacturing Market
  - 7.5.5.1. Product breakdown size & forecasts, 2025-2035
  - 7.5.5.2. End Use breakdown size & forecasts, 2025-2035
- 7.5.6. Rest of APAC Aerospace Parts Manufacturing Market
  - 7.5.6.1. Product breakdown size & forecasts, 2025-2035
  - 7.5.6.2. End Use breakdown size & forecasts, 2025-2035
7.6. Latin America Aerospace Parts Manufacturing Market
- 7.6.1. Brazil Aerospace Parts Manufacturing Market
  - 7.6.1.1. Product breakdown size & forecasts, 2025-2035
  - 7.6.1.2. End Use breakdown size & forecasts, 2025-2035
- 7.6.2. Mexico Aerospace Parts Manufacturing Market
  - 7.6.2.1. Product breakdown size & forecasts, 2025-2035
  - 7.6.2.2. End Use breakdown size & forecasts, 2025-2035
7.7. Middle East and Africa Aerospace Parts Manufacturing Market
- 7.7.1. UAE Aerospace Parts Manufacturing Market
  - 7.7.1.1. Product breakdown size & forecasts, 2025-2035
  - 7.7.1.2. End Use breakdown size & forecasts, 2025-2035
- 7.7.2. Saudi Arabia (KSA) Aerospace Parts Manufacturing Market
  - 7.7.2.1. Product breakdown size & forecasts, 2025-2035
  - 7.7.2.2. End Use breakdown size & forecasts, 2025-2035
- 7.7.3. South Africa Aerospace Parts Manufacturing Market
  - 7.7.3.1. Product breakdown size & forecasts, 2025-2035
  - 7.7.3.2. End Use breakdown size & forecasts, 2025-2035

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies
8.2. Boeing Company
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Financial Performance (Subject to Data Availability)
- 8.2.5. Product/Services Port
- 8.2.6. Recent Development
- 8.2.7. Market Strategies
- 8.2.8. SWOT Analysis
8.3. Airbus SE
8.4. Lockheed Martin Corporation
8.5. Northrop Grumman Corporation
8.6. Safran S.A.
8.7. Rolls-Royce Holdings plc
8.8. GE Aviation
8.9. Honeywell Aerospace
8.10. Raytheon Technologies Corporation
8.11. Leonardo S.p.A.
8.12. Spirit AeroSystems, Inc.
8.13. MTU Aero Engines AG
8.14. Bombardier Inc.
8.15. BAE Systems plc
8.16. Textron Inc.