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The Global Aircraft Aftermarket Parts market size was USD 30.1 billion in 2022. Aircraft Aftermarket Parts Industry's Compound Annual Growth Rate will be 6.5% from 2023 to 2030. Download a free sample with data verified by Anuja Bawaskar
By Parts Type, the MRO (Maintenance, Repair, and Overhaul) Segment Holding the Major Share of the Aircraft Aftermarket Parts Market
According to Cognitive Market Research, MRO (Maintenance, Repair, and Overhaul) parts occupy the largest market share for Aircraft Aftermarket Parts. The need for routine maintenance, scheduled inspections, and repairs to assure aircraft safety and operational effectiveness drives the demand for MRO parts. The airlines and operators rely on these components to maintain conformance with regulatory standards and extend the aircraft's lifespan. MRO parts comprise many components, including avionics, engines, landing gear, and structural components. Consistent demand for MRO services among global aviation carriers and an emphasis on passenger safety contribute to MRO parts' dominant market position.
In the market for Aircraft Aftermarket Parts, rotable replacement parts are the fastest-growing segment. These components are typically reparable or replaceable and can be removed from an aircraft and replaced with a refurbished or overhauled unit. The increasing demand for rotatable replacement parts is driven by the need to reduce aircraft downtime and operational disruptions. Rotatable replacement parts enable fast turnarounds, allowing airlines to optimize aircraft availability and reduce maintenance-related delays.
MRO Parts
Rotable Replacement Parts
MRO Parts Aircraft Aftermarket Parts Market Analysis
XX
MRO Parts Market Size 2025
XX %
CAGR
Locked · Full data in paid report
Rotable Replacement Parts Aircraft Aftermarket Parts Market Analysis
XX
Rotable Replacement Parts Market Size 2025
XX %
CAGR
Locked · Full data in paid report
Market size by (Illustrative, 2025)
Share distribution (2025)
Charts are illustrative — exact values, country-level breakdowns, and full forecast in the paid report. Request a Free Sample PDF.
To learn more about market share and segmentation, request the free sample pages.
Competitor Analysis
Competitive Landscape of Aircraft Aftermarket Parts Market
The market for Aircraft Aftermarket Parts is comprised of established original equipment manufacturers (OEMs), specialized parts suppliers, and maintenance providers. OEMs offer proprietary components by leveraging their brand's repute. Independent suppliers provide a vast array of parts with a focus on cost-effectiveness. MRO companies provide all-encompassing solutions. Quality, price, availability, and customer service are at the center of intense competition. OEM partnerships and collaborations with independent suppliers further shape the landscape.
Aircraft Aftermarket Parts Industry News
January 2021: ST Engineering announced today that it had signed a 10-year agreement with Honeywell Aerospace to become Asia-Pacific's sole licensed MRO service provider licensed MRO service provider in Asia-Pacific for Honeywell components installed on LEAP-series engines. ST Engineering is designated to provide component MRO and warranty repair services to all Asia-Pacific operators for Honeywell components deployed on the Airbus A320neo family, Boeing 737 MAX, and COMAC C919 engines.
May 2022: Boeing and Airline MRO Parts (AMP) entered a Tailored Parts Package (TPP) agreement, demonstrating a genuinely collaborative approach to meeting customer requirements. The contract establishes Boeing as a supplier for AMP's parts business and designates Boeing as a "Platinum Supplier." Boeing's Parts & Distribution Services team collaborated to submit a single proposal for all aspects of our parts business, thereby improving the efficacy of our response.
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Top Companies (In no particular order)
2022 (A)
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2025 (A)
The Boeing Company (The US)
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Collins Aerospace (The US)
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Honeywell International Inc. (The US)
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General Electric Company (The US)
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Eaton Technologies (The US)
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Meggitt PLC (The UK)
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UTC Aerospace Systems (The US)
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AJW Group (The UK)
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AAR Corp
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Parker-Hannifin
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Pratt & Whitney
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We Provide Regional Breakdown of this Companies and Company specific to any Country, Region, Product/ service as well. We cover market share analysis for publicly listed companies as well as privately held companies, subject to data availability.
The Global Aircraft Aftermarket Parts market size was USD 30.1 billion in 2022. Aircraft Aftermarket Parts Industry's Compound Annual Growth Rate will be 6.5% from 2023 to 2030.
Introduction of Aircraft Aftermarket Parts
Diverse factors, such as the expanding global aviation industry, aging aircraft fleets requiring maintenance and replacement, cost-effective alternatives to new purchases, and regulatory requirements for safety and compliance, drive the global aircraft aftermarket parts market. The need to optimize operational efficiency, improve aircraft performance, and reduce downtime also drives the demand for aftermarket parts. Furthermore, the expansion of air travel, the rising demand for air cargo, and the emergence of low-cost carriers all contribute to the expansion of the market. In addition, the shift toward predictive maintenance and incorporating sustainable practices in aviation increase the importance of aftermarket parts in ensuring safe and environmentally responsible air travel.
For instance, in February 2023 traffic data, the International Air Transport Association (IATA) reported sustained robust growth in air travel demand. Comparing February 2023 to February 2022, total revenue passenger kilometers (RPKs) increased by 55.5%. Traffic is currently at 84.9% of February 2019 levels worldwide.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Aircraft Aftermarket Parts Market Analysis is witnessing significant growth in the near future.
In 2023, the MRO Parts
segment accounted for a notable share of the Aircraft Aftermarket Parts Market Analysis.
Research Associate at Cognitive Market Research and Consulting
Anuja Bawaskar is a research professional at Cognitive Market Research and Consulting, specializing in the aerospace and defense industry. With a strong focus on global defense markets, military modernization initiatives, aerospace innovations, and emerging security technologies, she delivers in-depth market intelligence and strategic insights to support informed decision-making.
Her expertise includes analyzing industry trends, competitive landscapes, procurement programs, defense spending patterns, and technological advancements shaping the future of aerospace and defense. Through rigorous research and data-driven analysis, Anuja contributes to the development of comprehensive market reports, helping businesses, investors, and industry stakeholders navigate opportunities and challenges in an evolving global defense ecosystem.
In 2022, there will be a $30.1 billion global market for aircraft aftermarket parts.
The global market is expected to grow with a CAGR of 6.5% during the forecast period.
North America had the largest global Aircraft Aftermarket Parts market revenue share in 2022.
Asia Pacific will witness the fastest growth in the global Aircraft Aftermarket Parts market during the projected period.
In terms of revenue, the United States dominated the global market for aircraft aftermarket parts in 2022.
Increasing demand for air travel, an aging fleet of aircraft, and the need for regulatory compliance are some of the major factors propelling the market's growth for aviation aftermarket parts.
The MRO (Maintenance, Repair, and Overhaul) parts segment had the largest share in the global market by Parts Type.
In 2022, the Engine components segment had a major revenue share in the global market regarding Component Type.
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Aircraft Aftermarket Parts Market Analysis — Table of Contents
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The Boeing Company (The US), Collins Aerospace (The US), Honeywell International Inc. (The US), General Electric Company (The US), Eaton Technologies (The US), Meggitt PLC (The UK), UTC Aerospace Systems (The US), AJW Group (The UK), AAR Corp, Parker-Hannifin, Pratt & Whitney
Chapter 1. Competitor Analysis (Subject to Data Availability (Private Players))
1.1 Top Competitors Analysis
1.1.1 Global Aircraft Aftermarket Parts Market Analysis by Key Players
1.1.2 Segment Market Analysis by Key Players
1.1.3 Top Players Ranking 2024
1.1.4 New Product Launch Analysis
1.1.5 Industry Mergers and Acquisition Analysis
1.2 Company Profile (Data Subject to Availability) Sample Format
1.2.1 The Boeing Company (The US)
1.2.1.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
1.2.1.2 Business Overview
1.2.1.3 Financials (Subject to data availability)
1.2.1.4 R&D Investment (Subject to data availability)
1.2.1.5 Product Types Specification
1.2.1.6 Business Strategy
1.2.1.7 Recent Developments
1.2.1.8 Management Change
1.2.1.9 S.W.O.T Analysis
1.2.2 Collins Aerospace (The US)
1.2.2.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
1.2.2.2 Business Overview
1.2.2.3 Financials (Subject to data availability)
1.2.2.4 R&D Investment (Subject to data availability)
1.2.2.5 Product Types Specification
1.2.2.6 Business Strategy
1.2.2.7 Recent Developments
1.2.2.8 Management Change
1.2.2.9 S.W.O.T Analysis
1.2.3 Honeywell International Inc. (The US)
1.2.3.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
1.2.3.2 Business Overview
1.2.3.3 Financials (Subject to data availability)
1.2.3.4 R&D Investment (Subject to data availability)
1.2.3.5 Product Types Specification
1.2.3.6 Business Strategy
1.2.3.7 Recent Developments
1.2.3.8 Management Change
1.2.3.9 S.W.O.T Analysis
1.2.4 General Electric Company (The US)
1.2.4.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
1.2.4.2 Business Overview
1.2.4.3 Financials (Subject to data availability)
1.2.4.4 R&D Investment (Subject to data availability)
1.2.4.5 Product Types Specification
1.2.4.6 Business Strategy
1.2.4.7 Recent Developments
1.2.4.8 Management Change
1.2.4.9 S.W.O.T Analysis
1.2.5 Eaton Technologies (The US)
1.2.5.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
1.2.5.2 Business Overview
1.2.5.3 Financials (Subject to data availability)
1.2.5.4 R&D Investment (Subject to data availability)
1.2.5.5 Product Types Specification
1.2.5.6 Business Strategy
1.2.5.7 Recent Developments
1.2.5.8 Management Change
1.2.5.9 S.W.O.T Analysis
1.2.6 Meggitt PLC (The UK)
1.2.6.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
1.2.6.2 Business Overview
1.2.6.3 Financials (Subject to data availability)
1.2.6.4 R&D Investment (Subject to data availability)
1.2.6.5 Product Types Specification
1.2.6.6 Business Strategy
1.2.6.7 Recent Developments
1.2.6.8 Management Change
1.2.6.9 S.W.O.T Analysis
1.2.7 UTC Aerospace Systems (The US)
1.2.7.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
1.2.7.2 Business Overview
1.2.7.3 Financials (Subject to data availability)
1.2.7.4 R&D Investment (Subject to data availability)
1.2.7.5 Product Types Specification
1.2.7.6 Business Strategy
1.2.7.7 Recent Developments
1.2.7.8 Management Change
1.2.7.9 S.W.O.T Analysis
1.2.8 AJW Group (The UK)
1.2.8.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
1.2.8.2 Business Overview
1.2.8.3 Financials (Subject to data availability)
1.2.8.4 R&D Investment (Subject to data availability)
1.2.8.5 Product Types Specification
1.2.8.6 Business Strategy
1.2.8.7 Recent Developments
1.2.8.8 Management Change
1.2.8.9 S.W.O.T Analysis
1.2.9 AAR Corp
1.2.9.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
1.2.9.2 Business Overview
1.2.9.3 Financials (Subject to data availability)
1.2.9.4 R&D Investment (Subject to data availability)
1.2.9.5 Product Types Specification
1.2.9.6 Business Strategy
1.2.9.7 Recent Developments
1.2.9.8 Management Change
1.2.9.9 S.W.O.T Analysis
1.2.10 Parker-Hannifin
1.2.10.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
1.2.10.2 Business Overview
1.2.10.3 Financials (Subject to data availability)
1.2.10.4 R&D Investment (Subject to data availability)
1.2.10.5 Product Types Specification
1.2.10.6 Business Strategy
1.2.10.7 Recent Developments
1.2.10.8 Management Change
1.2.10.9 S.W.O.T Analysis
1.2.11 Pratt & Whitney
1.2.11.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
1.2.11.2 Business Overview
1.2.11.3 Financials (Subject to data availability)
1.2.11.4 R&D Investment (Subject to data availability)
1.2.11.5 Product Types Specification
1.2.11.6 Business Strategy
1.2.11.7 Recent Developments
1.2.11.8 Management Change
1.2.11.9 S.W.O.T Analysis
Chapter 2. Global Aircraft Aftermarket Parts Market Analysis
2.1 Global Aircraft Aftermarket Parts Market Analysis
2.2 Global Aircraft Aftermarket Parts Market Analysis by Region
2.3 Global Aircraft Aftermarket Parts Market Analysis by Parts Type
2.4 Global Aircraft Aftermarket Parts Market Analysis by Component Type
2.5 Global Aircraft Aftermarket Parts Market Analysis by Aircraft Type
2.6 Global Aircraft Aftermarket Parts Market Analysis by Key Players
Chapter 3. North America Aircraft Aftermarket Parts Market Analysis
3.1 North America Aircraft Aftermarket Parts Market Analysis
3.2 North America Aircraft Aftermarket Parts Market Analysis by Country
3.3 North America Aircraft Aftermarket Parts Market Analysis by Parts Type
3.4 North America Aircraft Aftermarket Parts Market Analysis by Component Type
3.5 North America Aircraft Aftermarket Parts Market Analysis by Aircraft Type
3.6 North America Aircraft Aftermarket Parts Market Analysis by Key Players
Chapter 4. Europe Aircraft Aftermarket Parts Market Analysis
4.1 Europe Aircraft Aftermarket Parts Market Analysis
4.2 Europe Aircraft Aftermarket Parts Market Analysis by Country
4.3 Europe Aircraft Aftermarket Parts Market Analysis by Parts Type
4.4 Europe Aircraft Aftermarket Parts Market Analysis by Component Type
4.5 Europe Aircraft Aftermarket Parts Market Analysis by Aircraft Type
4.6 Europe Aircraft Aftermarket Parts Market Analysis by Key Players
Chapter 5. Asia Pacific Aircraft Aftermarket Parts Market Analysis
5.1 Asia Pacific Aircraft Aftermarket Parts Market Analysis
5.2 Asia Pacific Aircraft Aftermarket Parts Market Analysis by Country
5.3 Asia Pacific Aircraft Aftermarket Parts Market Analysis by Parts Type
5.4 Asia Pacific Aircraft Aftermarket Parts Market Analysis by Component Type
5.5 Asia Pacific Aircraft Aftermarket Parts Market Analysis by Aircraft Type
5.6 Asia Pacific Aircraft Aftermarket Parts Market Analysis by Key Players
Chapter 6. South America Aircraft Aftermarket Parts Market Analysis
6.1 South America Aircraft Aftermarket Parts Market Analysis
6.2 South America Aircraft Aftermarket Parts Market Analysis by Country
6.3 South America Aircraft Aftermarket Parts Market Analysis by Parts Type
6.4 South America Aircraft Aftermarket Parts Market Analysis by Component Type
6.5 South America Aircraft Aftermarket Parts Market Analysis by Aircraft Type
6.6 South America Aircraft Aftermarket Parts Market Analysis by Key Players
Chapter 7. Middle East Aircraft Aftermarket Parts Market Analysis
7.1 Middle East Aircraft Aftermarket Parts Market Analysis
7.2 Middle East Aircraft Aftermarket Parts Market Analysis by Country
7.3 Middle East Aircraft Aftermarket Parts Market Analysis by Parts Type
7.4 Middle East Aircraft Aftermarket Parts Market Analysis by Component Type
7.5 Middle East Aircraft Aftermarket Parts Market Analysis by Aircraft Type
7.6 Middle East Aircraft Aftermarket Parts Market Analysis by Key Players
Chapter 8. Africa Aircraft Aftermarket Parts Market Analysis
8.1 Africa Aircraft Aftermarket Parts Market Analysis
8.2 Africa Aircraft Aftermarket Parts Market Analysis by Country
8.3 Africa Aircraft Aftermarket Parts Market Analysis by Parts Type
8.4 Africa Aircraft Aftermarket Parts Market Analysis by Component Type
8.5 Africa Aircraft Aftermarket Parts Market Analysis by Aircraft Type
8.6 Africa Aircraft Aftermarket Parts Market Analysis by Key Players
Chapter 9. Parts Type Analysis
9.1 MRO Parts
9.1.1 Global MRO Parts Market
9.1.2 Global MRO Parts Market by Region
9.2 Rotable Replacement Parts
9.2.1 Global Rotable Replacement Parts Market
9.2.2 Global Rotable Replacement Parts Market by Region
Chapter 10. Component Type Analysis
10.1 Engine
10.1.1 Global Engine Market
10.1.2 Global Engine Market by Region
10.2 Airframe
10.2.1 Global Airframe Market
10.2.2 Global Airframe Market by Region
10.3 Interior
10.3.1 Global Interior Market
10.3.2 Global Interior Market by Region
10.4 Cockpit Systems
10.4.1 Global Cockpit Systems Market
10.4.2 Global Cockpit Systems Market by Region
10.5 Others
10.5.1 Global Others Market
10.5.2 Global Others Market by Region
Chapter 11. Aircraft Type Analysis
11.1 Narrow-body
11.1.1 Global Narrow-body Market
11.1.2 Global Narrow-body Market by Region
11.2 Wide-body
11.2.1 Global Wide-body Market
11.2.2 Global Wide-body Market by Region
11.3 Regional Aircraft
11.3.1 Global Regional Aircraft Market
11.3.2 Global Regional Aircraft Market by Region
Chapter 12. Qualitative Analysis (Subject to Data Availability)
12.1 Market Drivers
12.2 Market Restraints
12.3 Market Trends
12.4 Market Opportunity
12.5 Technological Road Map (Subject to Data Availability)
12.6 Product Life Cycle (Subject to Data Availability)
12.7 Customer and Buyer Behavior Analysis
12.7.1 Digital Engagement, Customer Experience & Relationship Analysis
12.14.2 AI-Driven Transformation of Industry Value Chain
12.14.3 Evolution of Business Models & Revenue Streams
12.14.4 AI-Driven Product, Service & Innovation Transformation
12.14.5 Customer Behavior, AI Adoption & Future Market Evolution
Chapter 13. TOP 10 Country Analysis
13.1 Country 1
13.2 Country 2
13.3 Country 3
13.4 Country 4
13.5 Country 5
13.6 Country 6
13.7 Country 7
13.8 Country 8
13.9 Country 9
13.10 Country 10
Chapter 14. Research Findings
14.1 Key Takeaways
14.2 Analyst Point of View
14.3 Assumptions and Acronyms
Chapter 15. Research Methodology and Sources
15.1 Primary Data Collection
15.1.1 Steps for Primary Data Collection
15.1.1.1 Identification of KOL
15.1.2 Backward Integration
15.1.3 Forward Integration
15.1.4 How Primary Research Help Us
15.1.5 Modes of Primary Research
15.2 Secondary Research
15.2.1 How Secondary Research Help Us
15.2.2 Sources of Secondary Research
15.3 Data Validation
15.3.1 Data Triangulation
15.4 Data Representation
Athenaeum AI Dashboard
Research Framework · 70:30 Primary:Secondary
Our Proprietary Methodology
Cognitive Market Research and Consulting "The Full Truth" methodology — a rigorous triangulation process that combines primary research, secondary validation, and expert calibration. Implemented by Anuja Bawaskar and team for the Aircraft Aftermarket Parts Market Analysis Market analysis.
01
Primary Intelligence Gathering
Direct interviews with 50+ industry stakeholders including manufacturers, distributors, end-users, and regulatory bodies across all six regions.
02
Secondary Data Triangulation
Cross-referencing against trade databases, customs records, financial filings, patent databases, and verified industry publications.
03
Expert Validation Protocol
Each data point undergoes validation by minimum two independent domain experts with 15+ years of industry experience.
04
Athenaeum AI Processing
Our proprietary AI platform aggregates, normalizes, and identifies patterns across 10,000+ data points to surface non-obvious insights.
05
Editorial & QA Review
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To maintain the integrity of our proprietary methodology and protect our elite expert network, specific source disclosures are reserved for full-access partners. Our research framework is anchored by a 70:30 primary-to-secondary ratio, ensuring your strategy is driven by real-time market intelligence rather than recycled, publicly available, or AI-generated data. Every deliverable includes an exhaustive source directory and grants direct analyst access.
Latest Articles about Aircraft Aftermarket Parts Market
Diverse factors, such as the expanding global aviation industry, aging aircraft fleets requiring maintenance and replacement, cost-effective alternatives to new purchases, and regulatory requirements for safety and compliance, drive the global aircraft aftermarket parts market.
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