Commercial Aircraft Aftermarket Market Share

North America Market Forecast

By region, North America market is expected to hold 35% of the revenue share during the forecast period. The growth is accredited to the maintenance repair and MRO service providers focusing on the increasing investment in aftermarket services in the US and Canada. Additionally, the firms in the US have a stout supply chain network for MRO services and aircraft parts. Moreover, market growth will be stimulated by the increasing standardization of PMA processes in the US for parts manufacturer approval.

APAC Market Statistics

Asia Pacific industry size is predicted to witness significant growth through 2037. There’s an increasing investment in launching aftermarket parts hubs in regions such as Japan, Singapore, and China. In China, the market for aftermarket parts is expected to grow at a rapid rate. Furthermore, the governmental laws in export and import have significantly driven the market growth.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of commercial aircraft aftermarket is estimated at USD 42.06 billion.

The commercial aircraft aftermarket market size was valued at USD 40.6 billion in 2024 and is poised to cross USD 68.83 billion by the end of 2037, expanding at more than 4.6% CAGR during the forecast period i.e., between 2025-2037. Increased requirement for timely maintenance of aircrafts, increasing age of aircraft fleet and increase in the number of retired aircraft to facilitate the Used Serviceable Materials (USM) will impel the market growth.

North America industry will hold a share of 35% by 2037, due to increasing investment in launching aftermarket parts hubs in region.

The major players in the market include Leonardo S.p.A, Aventure International Aviation Services, Honeywell International Inc, Airbus SE, Parker Hannifin Corporation.

Commercial Aircraft Aftermarket Market Share