Global Commercial Aircraft PMA Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Engine , Component, and Others.

By Application;

Small Widebody, Medium Widebody, and Large Widebody.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn799167755 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Commercial Aircraft PMA Market (USD Million), 2021 - 2031

In the year 2024, the Global Commercial Aircraft PMA Market was valued at USD 11,710.74 million. The size of this market is expected to increase to USD 14,864.10 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.5%.

The Global Commercial Aircraft PMA (Parts Manufacturer Approval) Market stands at the forefront of innovation and efficiency in the aviation industry. As air travel continues to expand, airlines are constantly seeking ways to optimize their operations while maintaining safety and cost-effectiveness. PMA parts provide a crucial solution by offering high-quality, FAA-approved alternatives to original equipment manufacturer (OEM) parts. This market segment has witnessed substantial growth in recent years, driven by the increasing demand for aftermarket solutions that offer competitive pricing without compromising on quality or reliability.

The Global Commercial Aircraft PMA Market has emerged as a key player, providing airlines with a strategic advantage in managing their fleets. PMA parts offer significant cost savings compared to OEM parts, making them an attractive option for airlines looking to reduce maintenance expenses without sacrificing safety or performance. Moreover, PMA manufacturers are continually investing in research and development to enhance the quality and range of parts they offer, further solidifying their position as trusted partners in the aviation aftermarket.

The Global Commercial Aircraft PMA Market is poised for continued growth and innovation as airlines seek more efficient ways to manage their fleets amidst evolving market dynamics. With advancements in technology and regulatory frameworks, PMA manufacturers are well-positioned to meet the increasing demand for reliable aftermarket solutions that deliver value without compromising on safety or compliance. As such, the future of the PMA market holds promising opportunities for stakeholders across the aviation ecosystem, driving greater efficiency and competitiveness in the global air transport sector.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Commercial Aircraft PMA Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Enhanced Supply Chain Resilience
        2. Cost Efficiency
        3. Increasing Air Traffic
        4. Aging Aircraft Fleet
      2. Restraints
        1. Regulatory Compliance Challenges
        2. OEM Dominance
        3. Quality and Safety Concerns
        4. Limited Market Awareness
      3. Opportunities
        1. Emerging Markets
        2. Fleet Expansion Plans
        3. Industry Consolidation
        4. Enhanced Product Offerings
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Commercial Aircraft PMA Market, By Type, 2021 - 2031 (USD Million)
      1. Engine
      2. Component
      3. Others
    2. Global Commercial Aircraft PMA Market, By Application, 2021 - 2031 (USD Million)
      1. Small Widebody
      2. Medium Widebody
      3. Large Widebody
    3. Global Commercial Aircraft PMA Market, By Geography, 2021 - 20318 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Adpma LLC
      2. Aero Brake & Spares Inc
      3. AMETEK Inc
      4. BAE Systems Plc
      5. Berkshire Hathaway Inc
      6. General Electric Co
      7. HEICO Corp
      8. Parker Hannifin Corp
      9. Raytheon Co
      10. Sequa Corp
  7. Analyst Views
  8. Future Outlook of the Market