PUBLISHER: The Business Research Company | PRODUCT CODE: 2127182
PUBLISHER: The Business Research Company | PRODUCT CODE: 2127182
Aircraft aftermarket parts refer to components and equipment supplied for replacement, installation, or support after an aircraft has been originally manufactured and delivered. These parts are produced and distributed to maintain, restore, or extend the operational life of aircraft throughout their service lifespan.
The primary types of aircraft aftermarket parts include engine parts, airframe parts, avionics, landing gear, and interiors. Engine parts refer to replacement and maintenance components designed to support the performance, reliability, and operational efficiency of aircraft engines. These products are manufactured using material types such as aluminum alloys, composite materials, titanium alloys, and steel alloys. They are distributed through direct sales, authorized distributors, online marketplaces, and independent parts suppliers and are utilized by end users including commercial airlines, maintenance repair and overhaul service providers, military and defense organizations, business aviation operators, and leasing companies.
Tariffs are influencing the aircraft aftermarket parts market by increasing the cost of imported aerospace components, specialty metals, avionics systems, and precision manufacturing equipment required for aircraft maintenance and replacement activities. This is increasing procurement costs and affecting parts availability across engine parts, airframe parts, avionics, and landing gear segments, particularly in regions dependent on imported aerospace components such as Asia-Pacific and Europe. High-value components and technologically advanced parts are experiencing stronger impacts due to global supply chain dependencies. However, tariffs are also encouraging domestic aerospace manufacturing, regional supplier diversification, and increased investment in local aviation supply ecosystems, fostering long-term market resilience.
The aircraft aftermarket parts market research report is one of a series of new reports from The Business Research Company that provides aircraft aftermarket parts market statistics, including aircraft aftermarket parts industry global market size, regional shares, competitors with a aircraft aftermarket parts market share, detailed aircraft aftermarket parts market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft aftermarket parts industry. This aircraft aftermarket parts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The aircraft aftermarket parts market size has grown strongly in recent years. It will grow from $37.28 billion in 2025 to $40.64 billion in 2026 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to growth in global aircraft fleet size, increasing aircraft maintenance requirements, rising commercial air passenger traffic, expansion of military fleet modernization programs, growing demand for operational efficiency in aviation maintenance.
The aircraft aftermarket parts market size is expected to see strong growth in the next few years. It will grow to $56.53 billion in 2030 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to increasing retirement of aging aircraft fleets, growing demand for cost-efficient maintenance solutions, expansion of aviation activities in emerging economies, rising investment in advanced aircraft technologies, increasing focus on reducing aircraft downtime. Major trends in the forecast period include increasing demand for certified replacement parts for aging aircraft fleets, rising adoption of parts lifecycle extension strategies, growing demand for lightweight aftermarket components, increasing focus on inventory optimization and supply chain efficiency, expansion of component repair and refurbishment activities.
The rising air traffic is expected to drive the growth of the aircraft aftermarket parts market going forward. Air traffic refers to the movement of aircraft through controlled and uncontrolled airspace, including aircraft departures, arrivals, and flights between different locations. Air traffic is increasing mainly due to growing global economic activity and the improved affordability and accessibility of air travel, which has expanded the passenger base and resulted in higher travel demand and increased flight frequencies. Increased air traffic results in higher aircraft utilization, accelerating component wear and creating greater demand for aftermarket parts to ensure aircraft safety, reliability, and uninterrupted operations. For instance, in January 2026, according to the International Air Transport Association (IATA), a Canada-based trade association, global air passenger demand, measured in revenue passenger kilometers (RPK), increased by 5.7% in 2025 compared to November 2024, while total capacity, measured in available seat kilometers (ASK), grew by 5.4% year-on-year. Therefore, the rising air traffic is driving the growth of the aircraft aftermarket parts market.
Major companies operating in the aircraft aftermarket parts market are focusing on developing advanced components, such as turbine blades, designed to withstand extreme temperatures and mechanical stresses. Turbine blades are highly engineered components that convert energy from high-temperature and high-pressure gases into mechanical power to drive the rotating sections of turbine engines. For instance, in November 2024, AAR CORP., a US-based aerospace and defense aftermarket solutions provider, announced a multi-year engine parts supply agreement under which AAR would exclusively distribute Chromalloy's Parts Manufacturer Approval (PMA) high-pressure turbine (HPT) Stage 1 and Stage 2 turbine blades for the CF6-80C2 engine across the global aftermarket. The agreement was established for an initial three-year term. To enable global distribution, AAR placed an initial provisioning order to build inventory of Chromalloy's CF6-80C2 high-pressure turbine (HPT) Stage 1 and Stage 2 turbine blades.
In April 2026, TransDigm Group Incorporated, a US-based aerospace manufacturing company, acquired Jet Parts Engineering and Victor Sierra Aviation Holdings for $2.2 billion. This acquisition enhances TransDigm Group Incorporated's portfolio of proprietary aerospace aftermarket products and expands its market presence across commercial and business aviation sectors. The acquisition of Jet Parts Engineering and Victor Sierra Aviation Holdings strengthens TransDigm's capabilities in FAA-PMA replacement parts, repair solutions, and other high-value aftermarket components, supporting the company's long-term growth strategy in the aerospace aftermarket industry. Jet Parts Engineering and Victor Sierra Aviation Holdings are US-based companies specializing in aircraft aftermarket parts.
Major companies operating in the aircraft aftermarket parts market report are AAR Corp., Airbus Customer Services, Astronics Corporation, Boeing Global Services, Crane Company, Ducommun Incorporated, Eaton Corporation plc, GE Aerospace, GKN Aerospace, HEICO Corporation, Honeywell International Inc., Liebherr-International AG, Lufthansa Technik, Moog Inc., Ontic Engineering and Manufacturing Inc., Parker-Hannifin Corporation, Rolls-Royce Holdings plc, RTX Corporation, Safran S.A., ST Engineering, TransDigm Group Incorporated, Woodward Inc.
North America was the dominating region in the aircraft aftermarket parts market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the aircraft aftermarket parts market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the aircraft aftermarket parts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The aircraft aftermarket parts market consists of sales of flight control system components, fuel system components, aircraft lighting systems, airframe structural parts, and landing gear tires. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Aircraft Aftermarket Parts Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses aircraft aftermarket parts market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for aircraft aftermarket parts ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The aircraft aftermarket parts market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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