Press release
Aerospace Parts Manufacturing Market Forecast $1.2 Trillion Value by 2030 | Largest Companies Include: Boeing, Airbus, L3Harris, Thales Group)
The Global Aerospace Parts Manufacturing Market is projected to experience significant growth from 2025 to 2030, with a value expected to rise from approximately USD 936 billion to USD 1,200 billion. This growth is driven by increasing air travel demand, a surge in military aircraft orders, and technological advancements in manufacturing processes. Emerging trends such as sustainability and the use of 3D printing technology will further enhance market dynamics. Stakeholders should remain vigilant about fluctuations in raw material prices, which could impact profit margins.
Market Overview
The Aerospace Parts Manufacturing Market encompasses a wide array of components essential for aircraft and other aerospace vehicles. Given the accelerated pace of new aircraft production and the growing global passenger traffic, the market is poised for robust expansion. The demand for both commercial and military aircraft components is intensifying, with key players focusing on innovation and sustainability. The shift towards lightweight and fuel-efficient materials marks a transformative phase in the industry.
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Key Objectives of the Report
◾ Analyze market sizing and projections for the period 2025-2030.
◾ Identify trends driving the aerospace parts manufacturing industry.
◾ Evaluate regional dynamics and competitive landscape.
◾ Highlight product segments exhibiting the highest growth potential.
◾ Assess challenges and opportunities within the market.
Largest Aerospace Parts Manufacturing Companies in the Market By 2030
The major companies operating in the Aerospace Parts Manufacturing Market include:
◾ Boeing
◾ Airbus
◾ Derco
◾ RTX
◾ Northrop Grumman
◾ General Electric Aerospace
◾ Honeywell
◾ Rolls Royce PLC
◾ Safran
◾ Thales Group
◾ Collins Aerospace
◾ L3Harris Technologies
◾ MTU Aero Engines
◾ Intrex Aerospace
◾ BAE Systems
◾ Other Players
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Aerospace Parts Manufacturing Market Segmentation
Product Type Insights:
◾ Engines (holds the largest share of aerospace parts around 38%.)
◾ Aero Structures
◾ Cabin Interiors
◾ Avionics
◾ Insulation Components
◾ Other Ancillary Equipment
End User Insights:
◾ Commercial Aircraft (holds the largest market share around 51%.)
◾ Business Aircraft
◾ Military Aircraft
◾ Space Rockets
◾ Others
Regional Insights
◾ North America
◾ South America
◾ Europe
◾ The Middle East & Africa
◾ Asia-Pacific
Regionally, North America holds the major share of the market around 41%. This is because various leading aircraft manufacturers are present in this region.
Strategic Highlights
◾ Increased investments in sustainable practices by leading manufacturers.
◾ Adoption of advanced technologies like 3D printing for parts manufacturing.
◾ Strategic alliances and partnerships among industry players to enhance market competitiveness.
◾ Expansion of production facilities to meet growing demand.
◾ Increased focus on lightweight materials to optimize fuel efficiency.
◾ Comprehensive supply chain assessments to mitigate risks.
Key Reasons for Buying the Aerospace Parts Manufacturing Market Report
◾ Gain insights into market dynamics and growth drivers.
◾ Understand competitive landscape and market shares of leading companies.
◾ Make informed decisions backed by comprehensive data analysis.
◾ Identify key trends and emerging opportunities.
◾ Assess potential risks and challenges in the sector.
◾ Forecast future market performance accurately.
◾ Align strategic initiatives with market projections.
Questions Answered by the Report
◾ What is the projected market size for the Aerospace Parts Manufacturing sector?
◾ What are the key market shares among the top companies?
◾ What are the prevailing trends shaping the aerospace parts manufacturing market?
◾ Who are the largest aerospace parts manufacturing companies in the world?
◾ How do regional dynamics affect market growth?
◾ What statistics highlight the current performance and future outlook?
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Table of Contents:
◾ Executive Summary
◾ Market Overview
◾ Key Objectives of the Report
◾ Largest Aerospace Parts Manufacturing Companies by 2030
◾ Aerospace Parts Manufacturing Market Segmentation
◾ Regional Insights
◾ Strategic Highlights
◾ Key Reasons for Buying the Report
◾ Questions Answered by the Report
◾ Methodology
◾ Data Sources
◾ Conclusion
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Explore More Market Research Insights:
◾ The Global Hypersonic Technology Market size was valued at USD 7.2 Billion in 2023 & is estimated to grow at a CAGR of around 9.32% during the forecast period, i.e., 2024-30. (Source: https://www.marknteladvisors.com/research-library/hypersonic-technology-market.html )
◾ The Global Cargo Drones Market size was valued at USD 1.78 Billion in 2024 and is projected to reach USD 9.35 Billion by 2030. (Source: https://www.marknteladvisors.com/research-library/cargo-drones-market.html )
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About US:
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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