Commercial Aircraft Aftermarket Parts 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. In the year 2025, the industry size of commercial aircraft aftermarket is estimated at USD 42.06 billion. The growing demand for commercial aircraft parts in airlines and aftermarket service providers is significantly driving the market growth.
The advanced aircraft are prepared with newly designed sensors for collecting and examining the real-time data from the aircraft. The employment of advanced technology such as big data and digitization in the supply of aftermarket parts has helped the companies to make strategic plans and decisions. Although the efficiency of new aircraft can increase by up to 20% compared to the models they replace, historically activity growth has exceeded efficiency improvement. Such factors are escalating the market growth of the market in the forecast period.
Author Credits: Dhruv Bhatia
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