Press release
Aerospace Parts Manufacturing Global Market is Expected to Reach $1,124.34 Billion at a CAGR of 4.62% By 2027 | Key Players: Jamco Corporation, Intrex Aerospace, Rolls Royce Plc., Safran S.A., Woodward Inc.
Aerospace Parts Manufacturing Market
The Business Research Company's Aerospace Parts Manufacturing Global Market Report 2023 identifies A rise in passenger traffic is expected to propel the aerospace parts manufacturing market going forward. The total number of passengers using the airport, including those boarding and disembarking aircraft, is referred to as passenger traffic.
The global aerospace parts manufacturing market size is expected to grow from $903.18 billion in 2022 to $938.40 billion in 2023 at a compound annual growth rate (CAGR) of 3.90%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aerospace parts manufacturing market is expected to reach $1,124.34 billion in 2027 at a CAGR of 4.62%.
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Major players in the aerospace parts manufacturing market are Jamco Corporation, Intrex Aerospace, Rolls Royce Plc., CAMAR Aircraft Parts Company, Safran S.A., Woodward Inc., Eaton Corporation Plc., GE Aviation, Dassault Systems SE, Airbus SAS, Lycoming Engines, Aequs Private Limited, Aero Engineering & Manufacturing Co., Engineered Propulsion System Inc. and Triumph Group.
Technological advancements are a key trend gaining popularity in the aerospace parts manufacturing market. Major companies operating in the aerospace parts manufacturing market are focused on developing new technological solutions to strengthen their position.
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The Aerospace Parts Manufacturing Market Is Segmented -
• By Product: Engines, Aerostructure, Cabin Interiors, Equipment, System and Support, Avionics, Insulation Components
• By Application: Interior, Propulsion Systems
• By End Use: Commercial Aircraft, Business Aircraft, Military Aircraft, Other Uses
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Aerospace Parts Manufacturing market.
The Business Research Company's "Global Aerospace Parts Manufacturing Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Aerospace Parts Manufacturing Market Include:
1. Executive Summary
2. Aerospace Parts Manufacturing Market Characteristics
3. Aerospace Parts Manufacturing Market Trends And Strategies
4. Aerospace Parts Manufacturing Market - Macro Economic Scenario
5. Aerospace Parts Manufacturing Market Size And Growth
.....
26. Africa Aerospace Parts Manufacturing Market
27. Aerospace Parts Manufacturing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aerospace Parts Manufacturing Market
29. Aerospace Parts Manufacturing Market Future Outlook and Potential Analysis
30. Appendix
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