Commercial Aircraft Aftermarket Parts Market
By Aircraft Type;
Narrow-Body, Widebody, and Regional AircraftBy Component Type;
Airframe, Engine, Interior, Cockpit Systems, and OthersBy Charging Type;
Standard Charging and Fast ChargingBy Distribution Channel;
OEMs (Original Equipment Manufacturers and Independent Suppliers)By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Commercial Aircraft AfterMarket Parts Market Overview
Commercial Aircraft AfterMarket Parts Market (USD Million)
Commercial Aircraft AfterParts Market was valued at USD 43,491.39 million in the year 2024. The size of this market is expected to increase to USD 67,150.89 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.4%.
Commercial Aircraft Aftermarket Parts Market
*Market size in USD million
CAGR 6.4 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 6.4 % |
Market Size (2024) | USD 43,491.39 Million |
Market Size (2031) | USD 67,150.89 Million |
Market Concentration | Medium |
Report Pages | 365 |
Major Players
- Aventure International Aviation Service
- Honeywell International Inc.
- Collins Aerospace
- Meggitt PLC
- Parker-Hannifin Corp
- General Electric Company
- Moog Inc.
- GKN Aerospace
- Goodyear Tire & Rubber Co
- Michelin SCA
- A J Walter Aviation Limited
- Bombardier Inc.
- The Boeing Company
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Commercial Aircraft Aftermarket Parts Market
Fragmented - Highly competitive market without dominant players
The Commercial Aircraft Aftermarket Parts Market is witnessing steady momentum, driven by the rising requirement for maintenance and replacement components that support safety and efficiency in aviation. Nearly 55% of spending is concentrated on high-performance replacements, emphasizing the critical role of aftermarket services in extending aircraft lifecycles and reducing operational costs.
Rising focus on maintenance and repair
Maintenance and repair remain essential contributors, with over 45% of investments directed toward engine systems and critical components. The demand for timely replacement parts has increased as operators look to prevent unplanned downtime, reinforcing the importance of aftermarket solutions in sustaining fleet reliability.
Growing role of innovation in components
Continuous advancements in aftermarket components are driving adoption, with nearly 30% of new parts targeting efficiency, safety, and durability. Airlines are increasingly adopting upgraded parts designed to lower fuel consumption and improve long-term performance, strengthening the role of aftermarket offerings in sustainable aviation.
Collaborations and industry partnerships
Strategic collaboration between OEMs, suppliers, and airlines is reshaping the supply chain, with close to 40% of agreements built on long-term service commitments. These partnerships ensure consistent access to certified aftermarket parts and improve service reliability, supporting operators in meeting operational and regulatory requirements.
Future outlook and market expansion
The future of the commercial aircraft aftermarket parts market highlights a strong expansion path, fueled by modernization programs and fleet upgrades. With more than 50% of operators actively investing in advanced replacement parts, the market is positioned for robust growth. Ongoing innovation and partnerships are set to further enhance its contribution to aviation’s long-term development.
Commercial Aircraft AfterParts Market Recent Developments
-
In June 2023, Collins Aerospace expanded its aftermarket service capabilities by launching an advanced repair solution for commercial aircraft components. This initiative, which includes the implementation of AI-driven predictive maintenance tools, enhances the reliability of aircraft parts and reduces downtime, offering significant cost savings to airlines. The move strengthens Collins Aerospace’s position in the growing market for aftermarket services, driven by increasing demand for maintenance and repair solutions in the post-pandemic recovery phase.
-
In July 2023, AAR Corp. introduced new services targeting the growing demand for airframe rotables, landing gears, and quick engine change (QEC) kits. This move strengthens their position in providing essential parts, ensuring faster turnaround times and reduced maintenance costs for airlines.
Segment Analysis
Segmentation by aircraft type and component type provides a comprehensive framework for understanding the dynamics of the global commercial aircraft aftermarket parts market. By categorizing aftermarket parts based on aircraft type—narrow-body, widebody, and regional aircraft—suppliers and service providers can tailor their offerings to meet the specific needs of different aircraft categories. Narrow-body aircraft, commonly used for short to medium-haul routes, represent a significant portion of the commercial aircraft fleet and thus drive demand for aftermarket parts such as airframe components, engines, and cockpit systems. Widebody aircraft, designed for long-haul flights and higher passenger capacities, require specialized aftermarket parts to support their complex systems and structures, including interior components and advanced cockpit systems. Regional aircraft, typically utilized for short-haul regional routes, have distinct aftermarket part requirements, often focusing on airframe components, engines, and interior refurbishments tailored to regional airline operations.
In addition to aircraft type segmentation, categorizing aftermarket parts by component type offers further insight into the diverse range of products and services demanded by airlines and MRO providers. Airframe components encompass a broad array of structural elements, including wings, fuselage, and landing gear, which are subject to wear and tear over time and require regular maintenance and replacement. Engine aftermarket parts, critical for ensuring optimal performance and reliability, include components such as turbine blades, fuel systems, and engine accessories. Interior components, including seating, cabin furnishings, and in-flight entertainment systems, contribute to passenger comfort and experience and represent a significant aftermarket segment. Cockpit systems, comprising avionics, navigation equipment, and flight control systems, are essential for aircraft operations and safety, driving demand for aftermarket upgrades, repairs, and replacements. Other aftermarket parts encompass a diverse range of components and systems, such as auxiliary power units (APUs), hydraulic systems, and pneumatic systems, which play vital roles in aircraft operation and require aftermarket support services.
Segmentation by aircraft type and component type provides a nuanced understanding of the global commercial aircraft aftermarket parts market, enabling suppliers and service providers to align their offerings with the specific requirements of different aircraft categories and aftermarket segments. By catering to the diverse needs of airlines, MRO providers, and aftermarket specialists, companies can capitalize on opportunities for growth, innovation, and customer satisfaction within the dynamic commercial aviation industry.
Global Commercial Aircraft AfterParts Segment Analysis
In this report, the Global Commercial Aircraft AfterParts Market has been segmented by Aircraft Type, Component Type, and Geography.
Global Commercial Aircraft AfterMarketParts Market, Segmentation by Aircraft Type
The Global Commercial Aircraft AfterMarketParts Market has been segmented by Aircraft Type into Narrow-body, Widebody, and Regional Aircraft.
Narrow-body aircraft, typified by models like the Boeing 737 and Airbus A320 families, constitute a significant portion of the market. These workhorses of the skies serve various short- to medium-haul routes and are in constant operation, necessitating frequent maintenance and part replacements. Consequently, the aftermarket for narrow-body aircraft is robust, driven by demand for spare parts, components, and repair services to ensure the continuous airworthiness and operational efficiency of these fleets. In contrast, widebody aircraft, exemplified by models such as the Boeing 777 and Airbus A350, operate long-haul routes and cater to high-capacity passenger and cargo transportation needs. The aftermarket for widebody aircraft is characterized by a focus on specialized components and systems tailored to these larger, more complex aircraft. Maintenance requirements for widebodies are rigorous due to their extended flight durations and the critical nature of their systems, driving demand for aftermarket parts, including avionics, engines, and structural components, along with sophisticated repair and overhaul services.
Regional aircraft, including turboprops and regional jets like the Bombardier CRJ and Embraer E-Jets, form another distinct segment within the aftermarket parts market. These aircraft serve short-haul routes to connect smaller cities and regional hubs, playing a vital role in air transportation networks. The aftermarket for regional aircraft is characterized by specialized components optimized for regional operations, such as shorter flight distances and frequent take-offs and landings. Additionally, given the diverse range of operators in this segment, aftermarket services often include customized solutions tailored to regional airline requirements, further driving the demand for parts and services in this segment of the market. Overall, the aftermarket for commercial aircraft parts across narrow-body, widebody, and regional segments is dynamic, responding to the unique operational characteristics and maintenance needs of each aircraft type to support safe, efficient, and reliable air transportation worldwide.
Global Commercial Aircraft AfterMarketParts Market, Segmentation by Component Type
The Global Commercial Aircraft AfterMarketParts Market has been segmented by Component Type into Airframe, Engine, Interior, Cockpit Systems, and Others.
The airframe segment encompasses a wide array of structural components, such as wings, fuselage, and landing gear, which are subject to wear and tear over time and require regular maintenance or replacement to ensure flightworthiness. Engine components, another critical segment, include various parts like turbine blades, compressors, and fuel systems, which undergo rigorous operational stresses and demand high-quality replacement parts to maintain optimal efficiency and reliability.
Interior components constitute another significant segment, encompassing everything from passenger seats and cabin lighting to entertainment systems and lavatories. With passenger comfort and satisfaction being paramount for airlines, the demand for aftermarket interior parts remains steady, driven by upgrades, refurbishments, and replacements to enhance the in-flight experience. The cockpit systems segment focuses on critical avionics and control systems essential for flight operations, navigation, and communication. As technology advances, there's a constant need for updated or upgraded cockpit instruments and systems to comply with regulatory standards and improve flight efficiency and safety.
The aftermarket parts market also encompasses various other components, such as auxiliary power units (APUs), hydraulic systems, and electrical systems, which contribute to the overall functionality and performance of commercial aircraft. These segments often overlap and intersect, reflecting the intricate network of components and systems that make up modern aircraft. With the global aviation industry continuously evolving and expanding, the demand for aftermarket parts across these segments is expected to remain robust, driven by fleet expansion, aging aircraft fleets, regulatory requirements, and technological advancements, presenting lucrative opportunities for manufacturers, suppliers, and service providers in the commercial aviation aftermarket.
Global Commercial Aircraft AfterParts Market, Segmentation by Geography
In this report, the Global Commercial Aircraft AfterParts Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Global Commercial Aircraft AfterParts Market Share (%), by Geographical Region, 2024
North America stands out as a prominent market segment, driven by a large fleet of commercial aircraft operated by major airlines and a robust maintenance, repair, and overhaul (MRO) infrastructure. The region is home to leading aircraft manufacturers, MRO service providers, and aftermarket parts suppliers, contributing to a thriving aftermarket ecosystem. With a strong emphasis on safety and regulatory compliance, North America witnesses significant demand for aftermarket parts, driven by both scheduled maintenance activities and unscheduled repairs.
Europe represents another vital market segment for commercial aircraft aftermarket parts, characterized by a dense network of airlines, MRO facilities, and aerospace companies. The region's stringent regulatory framework, including EASA (European Union Aviation Safety Agency) regulations, ensures high standards of maintenance and safety, driving the demand for quality aftermarket parts and components. Additionally, Europe's strategic location as a major hub for air travel facilitates a steady flow of aftermarket parts and services, serving not only the local market but also catering to neighboring regions.
Asia Pacific emerges as a rapidly growing segment in the global commercial aircraft aftermarket parts market, fueled by the region's burgeoning aviation sector and increasing air travel demand. Countries like China, India, and Southeast Asian nations are witnessing robust growth in air passenger traffic, leading to fleet expansion and heightened aftermarket parts demand. Furthermore, rising investments in aviation infrastructure and MRO capabilities across the region contribute to the expansion of the aftermarket parts market. As airlines in Asia Pacific focus on optimizing operational efficiency and reducing downtime, the demand for reliable aftermarket parts and services continues to soar, presenting lucrative opportunities for industry players across the supply chain.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Commercial Aircraft AfterParts Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Fleet Expansion and Aging Aircraft
- Technological Advancements
-
Cost-Effective Solutions - In the global commercial aircraft aftermarket parts market, the pursuit of cost-effective solutions by airlines is a significant driver for the adoption of aftermarket parts. With operational costs continually under scrutiny, airlines seek alternatives that offer quality and reliability at a lower price point. Aftermarket parts provide a compelling option in this regard, offering competitive pricing compared to OEM parts without compromising on safety or performance. This cost-conscious approach is particularly pertinent in regions with highly competitive aviation markets, where airlines are under pressure to optimize operational expenses while maintaining high standards of maintenance and safety.
Airlines operating in competitive aviation markets face constant pressure to streamline their operations and maximize efficiency to remain profitable. As a result, the cost savings offered by aftermarket parts become increasingly attractive. By leveraging aftermarket solutions, airlines can reduce maintenance costs without sacrificing the quality or reliability of their aircraft. This allows them to allocate resources more efficiently, enhancing their overall competitiveness and profitability in the market.
The adoption of aftermarket parts is not solely driven by cost considerations but also by the availability of a wide range of options tailored to specific needs. Aftermarket parts suppliers often offer a diverse portfolio of products, including both new and refurbished components, giving airlines flexibility in their maintenance strategies. This versatility allows airlines to customize their maintenance programs according to their budgetary constraints and operational requirements, further reinforcing the appeal of aftermarket parts in the global commercial aircraft aftermarket parts market.
Restraints:
- Competition and Pricing Pressure
-
OEM Dominance - In the global commercial aircraft aftermarket parts market, the dominance of Original Equipment Manufacturers (OEMs) presents a significant challenge for third-party aftermarket parts suppliers. OEMs often have established relationships with airlines, providing not only the initial aircraft but also integrated aftermarket solutions and proprietary parts. This integrated approach can make it difficult for third-party suppliers to penetrate the market and compete effectively. Airlines may face obstacles in accessing aftermarket parts that are not supplied or approved by OEMs, limiting their options for sourcing components and potentially increasing costs due to limited competition.
OEMs' control over the aftermarket extends beyond their product offerings to include maintenance and repair services. Many OEMs offer comprehensive aftermarket support packages, including maintenance contracts and repair services, which further solidify their influence over airline operations. Airlines may opt for OEM-provided aftermarket solutions to benefit from streamlined service agreements and integrated support, despite potentially higher costs compared to third-party alternatives. This reliance on OEMs for aftermarket services reinforces their dominance in the market and poses challenges for independent aftermarket parts suppliers seeking to gain traction.
OEMs' proprietary parts and components can create dependencies for airlines, making it challenging to transition to alternative suppliers. OEMs often design aircraft systems and components to be highly integrated, requiring specialized knowledge and tools for maintenance and repair. As a result, airlines may be hesitant to source aftermarket parts from third-party suppliers, fearing compatibility issues or voiding warranties. This dependency on OEMs for aftermarket support further limits the market share available to independent parts suppliers and contributes to the OEMs' stronghold over the commercial aircraft aftermarket parts market.
Opportunities:
- Focus on Sustainability
- Market Liberalization
-
Increasing Fleet Size and Age - The continuous expansion of the global commercial aircraft fleet, coupled with the aging of existing aircraft, drives a robust demand for aftermarket parts in the commercial aviation industry. As airlines expand their operations to meet growing passenger demand and explore new routes, they must ensure the airworthiness and reliability of their fleets through regular maintenance, repair, and overhaul (MRO) activities. With many aircraft reaching maturity and requiring more frequent inspections and replacements, the demand for aftermarket components is steadily increasing. This trend is particularly pronounced in regions experiencing rapid economic growth and rising air travel demand, where airlines are expanding their fleets to capitalize on market opportunities.
Airlines face the challenge of maintaining the operational life of their aging aircraft while managing costs and optimizing efficiency. Investing in aftermarket parts enables airlines to address maintenance needs and extend the operational life of their fleets without the significant capital expenditure associated with purchasing new aircraft. By leveraging aftermarket components, airlines can implement cost-effective maintenance strategies that help maximize the value and performance of their existing assets. Moreover, aftermarket parts suppliers play a crucial role in providing airlines with a diverse range of options tailored to their specific requirements, enabling them to address maintenance challenges effectively and sustainably.
The growing demand for aftermarket parts presents lucrative opportunities for suppliers to capitalize on the evolving needs of the commercial aviation market. Suppliers that offer high-quality aftermarket components, efficient distribution channels, and responsive customer support stand to benefit from the increasing demand for MRO solutions. Moreover, advancements in technology, such as predictive maintenance systems and digitalized inventory management, enable suppliers to offer innovative solutions that enhance the efficiency and reliability of aftermarket parts supply chains. By aligning their offerings with the evolving demands of airlines for cost-effective, reliable, and sustainable aftermarket solutions, suppliers can position themselves for success in the dynamic global commercial aircraft aftermarket parts market.
Competitive Landscape Analysis
Key players in Global Commercial Aircraft AfterParts Market include;
- Aventure International Aviation Service
- Honeywell International Inc.
- Collins Aerospace
- Meggitt PLC
- Parker-Hannifin Corp
- General Electric Company
- Moog Inc.
- GKN Aerospace
- Goodyear Tire & Rubber Co
- Michelin SCA
- A J Walter Aviation Limited
- Bombardier Inc.
- The Boeing Company
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Aircraft Type
- Market Snapshot, By Component Type
- Market Snapshot, By Charging Type
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Commercial Aircraft AfterMarketParts Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Fleet Expansion and Aging Aircraft
- Technological Advancements
- Cost-Effective Solutions
- Restraints
- Competition and Pricing Pressure
- OEM Dominance
- Opportunities
- Focus on Sustainability
- Market Liberalization
- Increasing Fleet Size and Age
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Commercial Aircraft AfterMarketParts Market, By Aircraft Type, 2021 - 2031 (USD Million)
- Narrow-body
- Widebody
- Regional Aircraft
- Commercial Aircraft AfterMarketParts Market, By Component Type, 2021 - 2031 (USD Million)
- Airframe
- Engine
- Interior
- Cockpit Systems
- Others
-
Commercial Aircraft AfterMarketParts Market, By Charging Type, 2021 - 2031 (USD Million)
-
Standard Charging
-
Fast Charging
-
-
Commercial Aircraft AfterMarketParts Market, By Distribution Channel, 2021 - 2031 (USD Million)
-
OEMs (Original Equipment Manufacturers and Independent Suppliers)
-
- Commercial Aircraft AfterMarketParts Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Commercial Aircraft AfterMarketParts Market, By Aircraft Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Aventure International Aviation Service
- Honeywell International Inc.
- Collins Aerospace
- Meggitt PLC
- Parker-Hannifin Corp
- General Electric Company
- Moog Inc.
- GKN Aerospace
- Goodyear Tire & Rubber Co
- Michelin SCA
- A J Walter Aviation Limited
- Bombardier Inc.
- The Boeing Company
- Company Profiles
- Analyst Views
- Future Outlook of the Market