Austin, TX, USA, Feb. 11, 2025 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Aircraft Component Market Size, Trends and Insights By Aircraft Type (Commercial Aircraft, Business Jet, General Aviation Aircraft, Helicopters), By Component (Engine, Wheel and Brakes, Landing Gear, Avionics, Fuel System, Hydraulic System, Cockpit System, Others), By End Users (Commercial, Military, Government), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034” in its research database.
“According to the latest research study, the demand of global Aircraft Component Market size & share was valued at approximately USD 956.5 Billion in 2024 and is expected to reach USD 977.5 Billion in 2025 and is expected to reach a value of around USD 1,599.5 Billion by 2034, at a compound annual growth rate (CAGR) of about 5.28% during the forecast period 2025 to 2034.”
Click Here to Access a Free Sample Report of the Global Aircraft Component Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=61045
Aircraft Component Market: Overview
Aircraft components are made of metal alloys, although composites are made of carbon fiber and various fiberglass resins. Aircraft components are structural components of the aircraft. Factors such as growing demand for commercial aircraft, increasing investment by OEMs and aviation companies in the manufacturing of aircraft components, and growing aircraft modernization are some of the factors mainly driving the aircraft component market.
The increasing defense budget by major countries on developing aircraft and aviation components is expected to drive market growth during the forecast period.
However, factors such as the high cost of aircraft components, less market penetration in many underdeveloped countries, lack of universal directives, and counterfeiting of the aircraft components mainly restrain the market growth.
The rapidly expanding aviation industry in emerging countries such as China, India, South Korea, Brazil, and ASEAN is expected to create lucrative opportunities for the market during the forecast period. The OEMs operating in the market collaborate with aviation companies to manufacture customized components.
The Global Aircraft Component market is segmented by aircraft type, component, end user, and region. By aircraft type, the commercial aircraft segment dominated the market and is expected to keep its dominance during the forecast period, owing to the growing adoption of commercial aircraft across the globe. The growing development of commercial aircraft and increasing travel and tours are expected to drive the market growth of this segment.
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By component, the engine segment dominated the market and is expected to keep its dominance during the forecast period owing to the increasing number of engines being replaced compared to the other components. The engine is the main component of the propulsion system, and it is the aircraft’s powerhouse.
By Region, the market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and Latin America. Among all these, the North American region dominated the global market and is expected to keep its dominance during the forecast period owing to the presence of the well-developed aviation industry coupled with the increasing defense budget by the government of the U.S. on aircraft modernization projects. The major countries such as U.S., Canada and Mexico are mainly driving the market growth of this region.
The Asia Pacific region is expected to grow at the fastest growth rate during the forecast period owing to the growing air travel and increasing presence of the primary key players. The major countries such as China, India, Japan, ASEAN, South Korea and Australia are mainly driving the market growth of this region.
Report Scope
| Feature of the Report | Details |
| Market Size in 2025 | USD 977.5 Billion |
| Projected Market Size in 2034 | USD 1,599.5 Billion |
| Market Size in 2024 | USD 956.5 Billion |
| CAGR Growth Rate | 5.28% CAGR |
| Base Year | 2024 |
| Forecast Period | 2025-2034 |
| Key Segment | By Aircraft Type, Component, End Users and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your research requirements. |
(A free sample of the Aircraft Component report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Aircraft Component report has been modified to include the COVID-19 impact study prior to delivery.)
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CMI has comprehensively analyzed the Global Aircraft Component market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict the market scenario. Segment-wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Aircraft Component industry.
The competitive landscape includes key innovators, aftermarket service providers, market giants, and niche players who have studied and analyzed extensively concerning their strengths, weaknesses, and value-addition prospects. In addition, the report covers key players’ profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships, and emerging business models.
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Key questions answered in this report:
- What is the size of the Aircraft Component market and what is its expected growth rate?
- What are the primary driving factors that push the Aircraft Component market forward?
- What are the Aircraft Component Industry’s top companies?
- What are the different categories that the Aircraft Component Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Aircraft Component market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2025−2034
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Aircraft Component Market: Regional Analysis
By Region, Aircraft Component market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and Latin America. Among all of these, North America held the largest Market share in 2025 and is expected to keep its dominance during the forecast period owing to the presence of the major key players in the region, such as Jamco Corporation, Bombardier Inc., GE Aviation, and Honeywell International Inc. in the region.
Various factors such as the presence of a well-established aviation industry, availability of infrastructure, increasing investment by the global companies in the region, growing disposable income, increasing air travel, and supportive government policies are mainly driving the market growth of this region.
The major countries such as the U.S., Canada, and Mexico are mainly driving the overall market growth. U.S. dominated the North America aircraft component market due to the well-established supply chain network for aircraft parts.
Furthermore, supportive stringent regulations and growing FAA regulations pertaining to aircraft part manufacturer approval processes in the U.S. will boost the market’s growth. Various factors such as robust demand for commercial and military aircraft, growing aircraft modernization programs, and increasing air passenger traffic are some of the factors expected to create lucrative opportunities for the market during the forecast period.
The Asia Pacific region is expected to grow at the fastest CAGR during the forecast period. The developing economies such as China, India, Japan, ASEAN, South Korea and Australia are mainly driving the market growth of this region. Various factors such as the growing expansion of the air fleets, increasing investment in the acquisition of the new aircraft, technological advancements, growing defence budget on the aircraft’s modernization, the increasing presence of the global aviation companies in the region and increasing domestic air traffic in the area are mainly driving the market growth of this region.
China held the highest market share in the Asia Pacific market. The presence of a well-established aviation industry, the presence of a large number of OEMs, the growing air number of air travellers, and increasing investment by the government as well as private companies in the region are mainly driving the market growth of China. For instance, in 2025, about 700 million travelers are expected to fly, representing the highest volume to date.
Europe is expected to hold a significant market share during the forecast period. The major countries such as the U.K., Germany, France, Russia, Italy, Spain, and Netherlands are mainly driving the market growth of this region. Various factors, such as the rapidly expanding tours and travel industry, the presence of well-established aviation companies, and growing stringent regulations about aviation standards, are mainly driving the market growth of this region.
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Browse the full “Aircraft Component Market Size, Trends and Insights By Aircraft Type (Commercial Aircraft, Business Jet, General Aviation Aircraft, Helicopters), By Component (Engine, Wheel and Brakes, Landing Gear, Avionics, Fuel System, Hydraulic System, Cockpit System, Others), By End Users (Commercial, Military, Government), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034” Report at https://www.custommarketinsights.com/report/aircraft-component-market/
List of the prominent players in the Aircraft Component Market:
- Jamco Corporation
- Bombardier Inc.
- Eaton Corporation PLC
- GE Aviation
- GKN Aerospace
- Hanwha Aerospace
- Heracleum Group
- Hindustan Aeronautics Limited
- Honeywell International Inc.
- Leonardo S.p.A.
- Liebherr Group,
- Mitsubishi Heavy Industries Ltd.
- Moog Inc.
- Rolls-Royce plc
- Others
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The Aircraft Component Market is segmented as follows:
By Aircraft Type
- Commercial Aircraft
- Business Jet
- General Aviation Aircraft
- Helicopters
By Component
- Engine
- Wheel and Brakes
- Landing Gear
- Avionics
- Fuel System
- Hydraulic System
- Cockpit System
- Others
By End Users
- Commercial
- Military
- Government
Click Here to Get a Free Sample Report of the Global Aircraft Component Market @ https://www.custommarketinsights.com/report/aircraft-component-market/
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Aircraft Component Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Aircraft Component Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Aircraft Component Market? What Was the Capacity, Production Value, Cost and PROFIT of the Aircraft Component Market?
- What Is the Current Market Status of the Aircraft Component Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of Aircraft Component Market by Considering Applications and Types?
- What Are Projections of the Global Aircraft Component Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Aircraft Component Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Aircraft Component Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Aircraft Component Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Aircraft Component Industry?
Click Here to Access a Free Sample Report of the Global Aircraft Component Market @ https://www.custommarketinsights.com/report/aircraft-component-market/
Reasons to Purchase Aircraft Component Market Report
- Aircraft Component Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Aircraft Component Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Aircraft Component Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Aircraft Component Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Aircraft Component market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
Buy this Premium Aircraft Component Research Report | Fast Delivery Available – [220+ Pages] @ https://www.custommarketinsights.com/report/aircraft-component-market/
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Aircraft Component market analysis.
- The competitive environment of current and potential participants in the Aircraft Component market is covered in the report, as well as those companies’ strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Aircraft Component market should find this report useful. The research will be useful to all market participants in the Aircraft Component industry.
- Managers in the Aircraft Component sector are interested in publishing up-to-date and projected data about the worldwide Aircraft Component market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Aircraft Component products’ market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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