Aerospace & Defense C-Class Parts Market is Forecasted to Reach US$ 13 billion in 2028, Says Stratview Research

The global aerospace & defense c-class parts market is projected to witness a growth rate of 9.1% annually from 2023 to 2028, with an anticipated size of US$ 13 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global aerospace & defense c-class parts market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/146/aerospace-&-defense-c-class-parts-market.html#form

Report Highlights:
Market Size in 2028: US$ 13 billion
Growth (CAGR): 9.1% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 5
Number of Tables & Graphs: 100+

Segment Insights on the Aerospace & Defense C-Class Parts Market:
The global aerospace & defense c-class parts market is segmented based on aircraft type, part type, sales channel type, end-user type, and region.

Based on aircraft type - The market is segmented into commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft. Commercial aircraft is likely to remain the biggest aircraft category in terms of demand for c-class parts 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 the B737 and A320 family; market entry of new players, such as COMAC; upcoming aircraft programs such as A321 XLR and COMAC C919; and rising commercial aircraft fleet are the major factors that are driving the demand for c-class parts in the segment.

Based on the part type - The market is segmented into hardware parts, bearings, electronic components, and machined parts. Hardware parts are expected to remain the dominant part type in the market during the forecast period. Hardware components majorly include fasteners. Out of the total number of components used in an aircraft, more than 50% are fasteners. Electronic components is expected to grow at the highest pace, owing to increasing usage in avionics, electrical interconnect harnesses, cabin lighting, IFE, airframe, landing gear, engines, flight control, and hydraulic systems.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/146/aerospace-&-defense-c-class-parts-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America is expected to remain the leading region in the aerospace & defense c-class parts market during the forecast period. This growth outlook is majorly attributed to the following-
- 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.
- Asia-Pacific is likely to grow at the highest pace in the years to come.
- Major markets in the region, such as China and India, are growing at a higher pace, creating a humongous demand for commercial and regional aircraft.
- Major tier players and OEMs are making a greater presence in the region to tap the growth potential.
- A similar impression has been felt in the c-class parts market with OEMs opening their assembly plants in the region.

Aerospace & Defense C-Class Parts Market Drivers:

Some of the key drivers listed in the report are given below.
- Increasing aircraft modernization programs.
- Rising demand for fuel-efficient components.
- Expansion of the space industry.
- Rising defense budgets.
- Increasing commercial fleet size.

Top Companies in the Aerospace & Defense C-Class Parts Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• Howmet Aerospace
• Precision Cartparts Corp. (PCC)
• Lisi Aerospace
• AB SKF
• RBC Bearings Incorporated
• Stanley, Black & Decker, Inc.
• Amphenol Corporation
• TriMas Corporation
• Eaton Corporation plc
• LMI Aerospace (Sonaca Group)

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Aerospace & Defense C-Class Parts Market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:

• Aerospace Milled Parts Market: https://www.stratviewresearch.com/825/aerospace-milled-parts-market.html

• Aerospace Bearings Market: https://www.stratviewresearch.com/2207/aerospace-bearings-market.html

400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America

Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com

Call Us: +13133074176

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

This release was published on openPR.