Mar 7, 2019   SOURCE: BusinessWire

Global Aerospace Parts Manufacturing Market Outlook to 2025 - Commercial Aircraft Parts to Exhibit a CAGR of 4.2% from 2018 to 2025 - ResearchAndMarkets.com

The "Aerospace Parts Manufacturing Market Size, Share & Trends Analysis Report By Product, (Engine, Aircraft Manufacturing), By Application (Commercial, Military, Business), And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.

The global aerospace parts manufacturing market size is expected to reach USD 1.14 trillion by 2025. The market is anticipated to register a CAGR of 3.8% over the forecast period. Increasing fleet replacement rates are expected to lead to a surge in aircraft production, which is expected to boost the growth.

Rising demand for fleet expansion in emerging economies from Asia Pacific, such as China and India is expected to provide growth opportunities to the Maintenance, Repair and Operations (MRO) service providers. A number of established players are expanding their manufacturing facilities to Asia to cater to the increasing demand from MRO service providers, which is anticipated to boost the regional market growth.

The aerospace manufacturing industry has witnessed an upward trend in the use of additive manufacturing technology, for designing parts with advanced materials and unique geometries. A number of companies adopt the technology owing to its superior designing abilities. Airbus is using it to manufacture over a 1,000 different parts for its A350 aircraft.

Long in-service period of aircrafts creates opportunities for MRO providers to offer maintenance and repair of current fleets, which further contributes to the demand. In addition, airlines planning expansion of their fleets may bring back older aircrafts in service or maintain an extended in-service period, which is expected to drive growth of the aerospace parts manufacturing market.

Further key findings from the report suggest:

  • Aircraft manufacturing held the largest market share of 52.9% in 2017, on account of increasing orders of aircraft deliveries coupled with efforts undertaken by manufacturers to clear backlog orders
  • The demand for commercial aircraft parts is estimated to be the highest on account of rise in passenger and freight traffic and improved global trade. It is expected to exhibit a CAGR of 4.2% from 2018 to 2025
  • The market is concentrated in North America and is estimated to reach USD 515.68 billion by 2025, owing to the presence of major manufacturers such as Boeing, Northrop Grumman, and Lockheed Martin
  • The market players compete on the basis of differentiation in production technology, design, product performance, and conformity to customer specifications to increase the market share

Topics Covered

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

1.3. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Snapshot

Chapter 3. Market Definitions

3.1. Market Definitions

Chapter 4. Market Variables, Trends and Scope

4.1. Market Segmentation

4.2. Value Chain Analysis

4.2.1. Supplier Outlook

4.2.2. Top Producers

4.3. Technology Overview

4.4. Raw Material Trends

4.4.1. Philippines Raw Material Trends

4.5. Regulatory Framework

4.6. Aerospace Parts Manufacturing Capacity, By Region, By Product, 2010-2015

4.7. Aerospace Parts Trade Statistics, By Key Statistics, 2014 2017

4.8. Market Dynamics

4.8.1. Driver

4.8.1.1. Rise in passenger & freight traffic

4.8.1.2. Increase in rate of aircraft fleet replacement

4.8.2. Restraint

4.8.2.1. Fluctuations in raw material prices

4.8.3. Market Threat Analysis

4.8.3.1. Political and economic uncertainty in European Union

4.9. Key Opportunities Prioritized

4.10. Recommendations on Philippines Aerospace Parts Manufacturing Industry

4.11. Porter's Five Forces Analysis

4.12. PESTLE Analysis

4.13. Parts Manufacturing and MRO Growth Opportunities

4.13.1. Asia Pacific

4.13.2. Philippines

4.14. Aerospace Industry Analysis, By Country

4.14.1. Malaysia

4.14.2. Morocco

4.14.3. Mexico

Chapter 5. Aerospace Parts Manufacturing Market: Product Estimates & Trend Analysis

5.1. Aerospace parts manufacturing market: Product movement analysis, 2017 & 2025

5.2. Engine

5.3. Aircraft Manufacturing

5.4. Cabin Interiors

5.5. Equipment, System, and Support

5.6. Avionics

5.7. Insulation Components

Chapter 6. Aerospace Parts Manufacturing Market: Aircraft Estimates & Trend Analysis

6.1. Aerospace parts manufacturing market: Application movement analysis, 2017 & 2025

6.2. Commercial Aircraft

6.3. Business Aircraft

6.4. Military Aircraft

6.5. Other Aircraft

Chapter 7. Aerospace Parts Manufacturing Market: Regional Estimates & Trend Analysis

7.1. Regional Movement Analysis & Market Share, 2017 & 2025

7.2. Aerospace parts manufacturing market: Regional movement analysis, 2017 & 2025

7.3. North America

7.4. Europe

7.5. Asia Pacific

7.6. Central & South America

7.7. Middle East & Africa

Chapter 8. Competitive Landscape

8.1. Company Market Share

8.2. Distribution Landscape

8.3. Competitive Landscape

8.4. Strategy Framework

Chapter 9. Major Companies List

Chapter 10. Company Profiles

10.1. JAMCO Corporation

10.2. Intrex Aerospace

10.3. Rolls Royce PLC

10.4. CAMAR Aircraft Parts Company

10.5. Safran Group

10.6. Woodward Inc.

10.7. Engineered Propulsion System

10.8. Eaton Corporation PLC

10.9. Aequs

10.10. Aero Engineering & Manufacturing Co.

10.11. GE Aviation

10.12. Lycoming Engines

10.13. Pratt & Whitney

10.14. Superior Air Parts Inc.

10.15. MTU Aero Engines AG

10.16. Honeywell International Inc.

10.17. UTC Aerospace Systems

10.18. Composite Technology Research Malaysia Sdn. Bhd. (CTRM)

10.19. Mitsubishi Heavy Industries Ltd.

10.20. Kawasaki Heavy Industries Ltd.

10.21. Subaru Corporation

10.22. IHI Corporation

10.23. Lufthansa Technik AG

10.24. Diel Aviation Holding GmbH

10.25. Elektro-Metall Export GmbH

10.26. Liebherr International AG

10.27. Hexcel Corporation

10.28. DuCommun Incorporated

10.29. Rockwell Collins

10.30. Spirit AeroSystem Inc.

10.31. Panasonic Avionics Corporation

10.32. Zodiac Aerospace

10.33. Thales Group

10.34. Esterline Technologies Corporation

10.35. Dassault Systems

10.36. Parker Hannifin Corporation

10.37. Chemtall GmbH

10.38. Premium Aerotec

10.39. Daher Group

10.40. FACC AG

10.41. Triumph Group

10.42. Cutis-Wright Corporation

10.43. Stelia Aerospace

10.44. Mangellan Aerospace

10.45. Bridgestone Corporation

10.46. Teijin Ltd.

10.47. Toray Industries

10.48. Sumitomo Precision Products Co. Ltd.

10.49. Strand Aerospace Malaysia Sdn. Bhd.

10.50. Chengdu Aircraft Industry Group

For more information about this report visit https://www.researchandmarkets.com/research/4fcds5/global_aerospace?w=4