Dublin, May 27, 2024 (GLOBE NEWSWIRE) -- The "Aerospace Part Manufacturing Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
The global aerospace part manufacturing market is expected to reach an estimated $1,160.2 billion by 2030 with a CAGR of 4.0% from 2024 to 2030.
The major drivers for this market are increasing demand for military and commercial aircraft, escalating air passenger traffic, and growing acceptance of composite components among aerospace sector. The future of the global aerospace part manufacturing market looks promising with opportunities in the commercial aircraft, business aircraft, and military aircraft markets.
The study includes a forecast for the global aerospace part manufacturing by product type, end use, and region.
Aerospace Part Manufacturing Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
- Engines
- Cabin Interiors
- Aerostructure
- Equipment, System, & Support
- Avionics
- Insulation Components
Aerospace Part Manufacturing Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Commercial Aircraft
- Business Aircraft
- Military Aircraft
- Others
Aerospace Part Manufacturing Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
Aerospace Part Manufacturing Market Segment Insights
- Equipment, system, & support is expected to witness the highest growth over the forecast period.
- Within this market, commercial aircraft will remain the largest segment over the forecast period.
- North America will remain the largest region over the forecast period.
List of Aerospace Part Manufacturing Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aerospace part manufacturing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aerospace part manufacturing companies profiled in this report include:
- Parker Hannifin
- General Electric
- Lufthansa Technik
- Rolls-Royce
- Dassault Aviation
- Boeing
- Honeywell International
- Lockheed Martin
- Thales
- Safran
Features of the Global Aerospace Part Manufacturing Market
- Market Size Estimates: Aerospace part manufacturing market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Aerospace part manufacturing market size by product type, end use, and region in terms of value ($B).
- Regional Analysis: Aerospace part manufacturing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different product types, end uses, and regions for the aerospace part manufacturing market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aerospace part manufacturing market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
For more information about this report visit https://www.researchandmarkets.com/r/a468mf
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