Aerospace & Defense C-Class Parts Market Forecasted to Reach US$ 12.9 billion in 2023

Stratview Research has launched a research report on Aerospace & Defense C-Class Parts Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Aerospace & Defense C-Class Parts Market from 2018 to 2023.

This 257-page report is segmented in five ways to provide a 360-degree holistic view. The segments are –
● by Aircraft Type (Commercial Aircraft, Regional Aircraft, and Others)
● by Part Type (Hardware Parts, Bearing Parts, and Others)
● by Sales Channel Type (Direct Sales, Distributors, and Others)
● by End-User Type (OW sales and Aftermarket)
● and by Region
○ North America (Country Analysis: The USA, Canada, and Mexico)
○ Europe (Country Analysis: Germany, France, the UK, Spain, Russia, and Rest of Europe)
○ Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
○ Rest of the World (Country/Sub-Region Analysis: The Middle East, Latin America, and Others)

Stratview Research, has presented the study of Aerospace & Defense C-Class Parts Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The key c-class part manufacturers are Arconic Corporation, Precision Castparts Corporation, Lisi Aerospace, Amphenol Corporation, Eaton Corporation, Stanley Black & Decker, TriMas Corporation, and RBC Bearings Incorporated. New product development, collaboration with tier players and OEMs, and formation of long-term contracts are the key strategies adopted by the major players to gain a competitive edge in the market.

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Increasing commercial and regional aircraft deliveries

The aerospace c-class parts market offers a healthy growth opportunity over the next five years and will reach an estimated value of US$ 12.9 billion in 2023. Increasing commercial and regional aircraft deliveries, increasing the share of wide-body aircraft in commercial aircraft deliveries, increasing aircraft fleet size, an advancement in technology, and rising demand for lightweight and high corrosion-resistant fasteners are the key factors that are proliferating the demand for c-class parts in the aerospace & defense industry.

Hardware parts segment is expected to remain dominant in the market

C-Class parts are low cost and high-volume commodity parts, such as fasteners and bearings. The aircraft c-class parts market is segmented into four major heads which are Hardware Parts, Bearing Parts, Electronic Components, and Machined Parts. The hardware parts segment is expected to remain dominant in the aerospace & defense c-class parts market over the next five years, mainly driven by the demand for fasteners and bolts.

Hardware parts majorly consist of fasteners which are situated across an aircraft body including the fuselage, wings, landing gear fittings, control surfaces, flight control actuating systems, and air-intake areas near the engine.

Commercial aircraft to witness the highest growth

Commercial aircraft is likely to remain the largest aircraft type in the c-class parts market during the forecast period. The aircraft type is also likely to witness the highest growth during the same period. Increasing production rates of key programs, such as B737 and A320 family; market entry of new players, such as COMAC; upcoming aircraft programs or introduction of variants of existing programs, such as B737max and COMAC C919; and rising commercial aircraft fleet are the major factors that are driving the demand for c-class parts in the segment.

North America to remain the largest market

North America is expected to remain the leading region during the forecast period. The region is the manufacturing capital of the aerospace & defense industry with the presence of several large- to small-sized OEMs, tier players, distributors, c-class part manufacturers, and airline companies.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
● Market structure: Overview, industry life cycle analysis, supply chain analysis
● Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
● Market trend and forecast analysis
● Market segment trend and forecast
● Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
● Attractive market segments and associated growth opportunities
● Emerging trends
● Strategic growth opportunities for the existing and new players
● Key success factors.
● Research Methodology

This report studies the Aerospace & Defense C-Class Parts Market, keeping in mind the interest of all the stakeholders across the value chain. The rich quality of insights is outcome of -
o Extensive secondary research,
o Rigorous primary interviews with more than 15 industry stakeholders across the value chain.
o Validation and triangulation of data with Stratview Research’s internal database and statistical tools.
o More than 2,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.

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