C-Class Parts Market in Aerospace industry is likely to reach an estimated value of US$ 13.6 billion in 2024. – Stratview Research Market Report

The research studies Aerospace C-Class Parts market in the trend period of 2013 to 2018 and forecasted period of 2019 to 2024 under given segments - by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, and Military Aircraft), by Part Type (Hardware Parts, Bearings, Electronic Components, and Machined Parts), by Sales Channel Type (Direct Sales, Distributors, and Part Brokers), by End-User Type (OE Sales and Aftermarket Sales), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2019-2024.

The study finds –
 North America is expected to remain the leading region in the aerospace & defense c-class parts market during the forecast period.
 Commercial aircraft is likely to remain the largest segment of the global aerospace & defense c-class parts market during the forecast period.

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The Aerospace and Defense C-Class Parts Market: Highlights

The aerospace & defense c-class parts market offers a healthy growth opportunity over the next five years and will reach an estimated value of US$ 13.6 billion in 2024. 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.

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C-Class parts in the aerospace & defense industry are low cost and high-volume commodity parts, such as fasteners and bearings. The global aerospace & defense 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 global 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.

Based on the aircraft type, commercial aircraft is likely to remain the largest segment of the global aerospace & defense 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 is expected to remain the leading region in the aerospace & defense c-class parts market 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.

The supply chain of this market comprises raw material manufacturers, c-class part manufacturers, distributors, tier players, aerospace OEMs, and airline companies. The key distributors are Wesco Aircraft, Kellstrom industries, and Aviall Services. The key aerospace OEMs are Boeing, Airbus, COMAC, Bombardier, Embraer, ATR, Lockheed Martin, Cessna, and Gulfstream.

The key aerospace & defense 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 key players to gain a competitive edge in the market.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum input to the entire value chain of Aerospace C-Class Parts. The key features of the report are -
 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.

Stratview follows a rigorous process for conducting business research from primary and secondary sources to understand the entire market ecosystem. It has several high value market reports in the Aerospace & defence industry. Please refer to the following link to browse through the reports:

Click Here for Other Reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html

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