Commercial Aircraft Aftermarket Parts Market Analysis Europe, APAC, North America, Middle East and Africa, South America - US, China, Singapore, UK, France - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 159 SKU: IRTNTR72035

Commercial Aircraft Aftermarket Parts Market Forecast 2024-2028

The commercial aircraft aftermarket parts market size is forecast to increase by USD 12.11 billion, at a CAGR of 5.82% between 2023 and 2028. The growth rate of the market depends on several factors, such as the preference for collaborative efforts in the aerospace industry, the growing preference for high-density seating configuration, and the increasing popularity of recycled aircraft parts. Our report examines historical data from 2018 - 2022, besides analyzing the current and forecasts market scenario.

The expansion of the market in Europe is driven by an increasing number of orders for next-generation aircraft, leading to a simultaneous rise in demand for advanced components in the commercial aviation sector. A J Walter Aviation Ltd provides aftermarket parts for commercial aircraft, including landing gear, auxiliary power units (APUs), and inlet cowls. AAR Corp offers a range of commercial aircraft aftermarket parts, such as airframe rotables, landing gears, APUs, quick engine change (QEC) kits, and line-replaceable units (LRUs).

Market Forecasting and Size

Market  Forecast 2024-2028

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Market Dynamics

Our researchers studied the market research and growth data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market.

 Key Driver - Preference for collaborative efforts in aerospace industry

Stringent regulatory norms have hindered the entry of new vendors considerably in the aerospace manufacturing sector. However, several new entrants have been allowed due to several factors, including prolonged development phases of aircraft and the requirement for partners who have proven expertise in particular fields. In addition, with the changing dynamics of the contemporary aerospace industry and the requirement to maintain good parity between evolving demand and supply, many new companies are anticipated to enter the market.

Moreover, OEMs are anticipated to encourage newcomers to invest in the market while representing their key areas of interest. In addition, collaborations are becoming common, especially among seat manufacturers and lighting system manufacturers. Furthermore, collaborations support the companies in expanding their market base and tapping into new emerging markets. In addition, the sharing of technical expertise also allows for faster product development. Hence, such factors are driving the market growth during the forecast period.

Key Trends - Growing emphasis on sustainability within the aviation industry

The global market is witnessing a notable trend toward sustainability driven by rising environmental concerns within the aviation industry. In addition, airlines are placing a growing emphasis on reducing their carbon footprint and adopting eco-friendly practices throughout their operations, such as maintenance and repair activities. Furthermore, this emphasis on sustainability extends to the global market, where there is a rising demand for components and solutions that contribute to environmental conservation.

Moreover, suppliers in the aftermarket parts industry are responding to this demand by developing and offering eco-friendly alternatives such as lightweight materials, energy-efficient systems, and components designed to minimize fuel consumption and emissions. In addition, there is a push towards implementing green MRO practices, including the use of environmentally friendly cleaning solutions, waste recycling programs, and energy-efficient facilities. Hence, such factors are driving the market growth during the forecast period.

Significant Challenge - Rising concerns related to the shortage of resources

The global market is rising in parallel with the commercial aviation market. However, limited capacity areas, specifically in the case of engine overhauls, are creating a hindrance, which has resulted in a supply-demand gap. Furthermore, this is highly applicable to the most popular global fleets of Boeing 737 families.

Moreover, the commercial aviation industry is facing another issue of increasing turn-around times for engine shop visits. In addition, this is mainly due to the scarcity of certain narrow-body aircraft engine materials, which has become a real risk to the growth of the engine aftermarket. Furthermore, the shortage of airframe and powerplant mechanics and avionics technicians is caused by a combination of low employment, retirement, and competition in airlines and other industries. Hence, such factors are hindering the market growth during the forecast period.

Market Segmentation by Type, Application, and Geography

Type Segment Analysis: 

The narrow-body segment is estimated to witness significant growth during the forecast period. The narrow-body segment in the global market comprises various types of aircraft, such as popular models like the Airbus and Boeing 737 families. In addition, these aircraft serve as workhorses for airlines worldwide, operating short to medium-haul routes with high frequency. Furthermore, aftermarket parts for narrow-body aircraft cater to a broad spectrum of components, ranging from avionics and engines to airframes, landing gear, cabin interiors, and auxiliary systems.

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The narrow-body segment was the largest segment and was valued at USD 18.39 billion in 2018. Moreover, several renowned companies offer aftermarket parts globally for narrow-body aircraft, ensuring a steady supply of high-quality components to airline operators. In addition, some prominent players include UTC Aerospace Systems (a subsidiary of RTX Corp.), which is known for its wide range of aircraft systems and components. In addition, the demand for aftermarket parts for narrow-body aircraft is driven by several factors, including the increasing penetration of low-cost carriers, rising air travel demand for short-haul routes, and fleet expansion strategies adopted by airlines. Furthermore, the aging narrow-body fleet necessitates regular maintenance, repair, and overhaul activities, further driving aftermarket parts demand. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Application Segment Analysis:

Based on the application, the market has been segmented into MRO parts and rotatable scrap replacement parts. The MRO parts segment will account for the largest share of this segment. In the global market, maintenance, repair, and overhaul (MRO) parts are crucial components ensuring the continued airworthiness and operational efficiency of commercial aircraft. In addition, these MRO parts serve various applications across the aircraft, addressing specific maintenance needs and ensuring compliance with regulatory standards such as the FAA, Civil Aviation Authority (CAA), and EASA, ensuring implementation and compliance with regulations that mandate inspections at regular intervals. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Regional Analysis

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APAC is estimated to contribute 35% to the growth by 2028.  Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. 

Another region offering significant growth opportunities to vendors is Europe. In Europe, the number of air travel passengers is increasing every year, and in order to cater to the growing demand, airlines are investing in newer-generation aircraft to offer enhanced services and maintain lower operational costs. In addition, Europe has a mature aerospace industry with robust technological and production capabilities. Moreover, a few countries, such as the UK, France, Germany, Italy, Sweden, Spain, and Poland, dominate the European aviation industry due to their technical know-how, R&D investments, and partnerships with foreign companies that are emerging as vital suppliers of aircraft components and parts. Furthermore, the new components work efficiently and comply with environmental regulations related to carbon emissions. Hence, such factors are driving the market growth in Europe during the forecast period.

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Bombardier Inc: The company offers commercial aircraft aftermarket parts such as windshields and landing gears, among others.

We also have detailed analyses of the market’s competitive landscape and offer information on 10 market companies, including:

Eaton Corp. Plc, General Electric Co., Honeywell International Inc., Parker Hannifin Corp., RTX Corp., and The Boeing Co.

Technavio market forecast is an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak based on their quantitative data analysis.  

Segment Overview

The market analysis and report forecasts market growth by revenue at global, regional & country levels and provides a market growth analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Type Outlook 
    • Narrow-body
    • Wide-body
    • Regional Jet
  • Application Outlook
    • MRO parts
    • Rotable scrap replacement parts
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The commercial aircraft aftermarket parts market is intricately tied to the operational efficiency and cost-effectiveness of the aviation industry. Operating costs play a pivotal role in the decision-making process for carriers, prompting a focus on cost-saving measures such as the use of rotatable and used serviceable material (USM) parts. Companies holding Parts Manufacturer Approval (PMA) contribute significantly to the market by providing alternative solutions. Unified Management System (USM) providers streamline inventory management for optimal maintenance, repair, and overhaul (MRO) services, ensuring the seamless operation of the commercial aircraft fleet.

Market prospects are influenced by the strategies of Original Equipment Manufacturers (OEMs), particularly in the context of widebody aircraft. Low-cost carriers (LCCs) adopting the seat mile efficiency model prioritize wear-and-tear considerations for effective maintenance on domestic routes. As the industry evolves, the market remains a critical component in sustaining a reliable and cost-effective aviation ecosystem.

Market Scope

Report Coverage

Details

Page number

159

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.82%

Market Growth 2024-2028

USD 12.11 billion

Market structure

Concentrated

YoY growth 2023-2024(%)

5.48

Regional analysis

Europe, APAC, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 35%

Key countries

US, China, Singapore, UK, and France

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

A J Walter Aviation Ltd., AAR Corp., Bombardier Inc., Eaton Corp. Plc, General Electric Co., Honeywell International Inc., Parker Hannifin Corp., RTX Corp., and The Boeing Co.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2028
  • Precise estimation of the market growth and trends and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Market growth and forecasting across Europe, APAC, North America, Middle East and Africa, and South America
  • A thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive market report analysis of factors that will challenge the growth of market  companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global commercial aircraft aftermarket parts market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global commercial aircraft aftermarket parts market 2018 - 2022 ($ billion)
    • 4.2 Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.3 Application Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Narrow-body - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Narrow-body - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Narrow-body - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Narrow-body - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Narrow-body - Year-over-year growth 2023-2028 (%)
    • 6.4 Wide-body - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Wide-body - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Wide-body - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Wide-body - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Wide-body - Year-over-year growth 2023-2028 (%)
    • 6.5 Regional Jet - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Regional Jet - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Regional Jet - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Regional Jet - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Regional Jet - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Type
      • Exhibit 46: Market opportunity by Type ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Type ($ billion)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 48: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Application - Market share 2023-2028 (%)
    • 7.2 Comparison by Application
      • Exhibit 50: Chart on Comparison by Application
      • Exhibit 51: Data Table on Comparison by Application
    • 7.3 MRO parts - Market size and forecast 2023-2028
      • Exhibit 52: Chart on MRO parts - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on MRO parts - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on MRO parts - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on MRO parts - Year-over-year growth 2023-2028 (%)
    • 7.4 Rotable scrap replacement parts - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Rotable scrap replacement parts - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Rotable scrap replacement parts - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Rotable scrap replacement parts - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Rotable scrap replacement parts - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Application
      • Exhibit 60: Market opportunity by Application ($ billion)
      • Exhibit 61: Data Table on Market opportunity by Application ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2023-2028
      • Exhibit 67: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.4 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 UK - Market size and forecast 2023-2028
      • Exhibit 91: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.10 China - Market size and forecast 2023-2028
      • Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.11 France - Market size and forecast 2023-2028
      • Exhibit 99: Chart on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.12 Singapore - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Singapore - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Singapore - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Singapore - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Singapore - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 A J Walter Aviation Ltd.
              • Exhibit 115: A J Walter Aviation Ltd. - Overview
              • Exhibit 116: A J Walter Aviation Ltd. - Product / Service
              • Exhibit 117: A J Walter Aviation Ltd. - Key offerings
            • 12.4 AAR Corp.
              • Exhibit 118: AAR Corp. - Overview
              • Exhibit 119: AAR Corp. - Business segments
              • Exhibit 120: AAR Corp. - Key news
              • Exhibit 121: AAR Corp. - Key offerings
              • Exhibit 122: AAR Corp. - Segment focus
            • 12.5 Bombardier Inc.
              • Exhibit 123: Bombardier Inc. - Overview
              • Exhibit 124: Bombardier Inc. - Product / Service
              • Exhibit 125: Bombardier Inc. - Key offerings
            • 12.6 Eaton Corp. Plc
              • Exhibit 126: Eaton Corp. Plc - Overview
              • Exhibit 127: Eaton Corp. Plc - Business segments
              • Exhibit 128: Eaton Corp. Plc - Key offerings
              • Exhibit 129: Eaton Corp. Plc - Segment focus
            • 12.7 General Electric Co.
              • Exhibit 130: General Electric Co. - Overview
              • Exhibit 131: General Electric Co. - Business segments
              • Exhibit 132: General Electric Co. - Key offerings
              • Exhibit 133: General Electric Co. - Segment focus
            • 12.8 Honeywell International Inc.
              • Exhibit 134: Honeywell International Inc. - Overview
              • Exhibit 135: Honeywell International Inc. - Business segments
              • Exhibit 136: Honeywell International Inc. - Key news
              • Exhibit 137: Honeywell International Inc. - Key offerings
              • Exhibit 138: Honeywell International Inc. - Segment focus
            • 12.9 Parker Hannifin Corp.
              • Exhibit 139: Parker Hannifin Corp. - Overview
              • Exhibit 140: Parker Hannifin Corp. - Business segments
              • Exhibit 141: Parker Hannifin Corp. - Key news
              • Exhibit 142: Parker Hannifin Corp. - Key offerings
              • Exhibit 143: Parker Hannifin Corp. - Segment focus
            • 12.10 RTX Corp.
              • Exhibit 144: RTX Corp. - Overview
              • Exhibit 145: RTX Corp. - Business segments
              • Exhibit 146: RTX Corp. - Key news
              • Exhibit 147: RTX Corp. - Key offerings
              • Exhibit 148: RTX Corp. - Segment focus
            • 12.11 The Boeing Co.
              • Exhibit 149: The Boeing Co. - Overview
              • Exhibit 150: The Boeing Co. - Business segments
              • Exhibit 151: The Boeing Co. - Key offerings
              • Exhibit 152: The Boeing Co. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 153: Inclusions checklist
                • Exhibit 154: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 155: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 156: Research methodology
                • Exhibit 157: Validation techniques employed for market sizing
                • Exhibit 158: Information sources
              • 13.5 List of abbreviations
                • Exhibit 159: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              commercial aircraft aftermarket parts market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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