Research Reports
Aircraft Parts Market Top Companies Covered with Growing Demand 2021-2027
Published by Coherent Market Insights
Posted on October 8, 2021
3 min readLast updated: January 30, 2026
Global Banking & Finance Review®
Company
Published by Coherent Market Insights
Posted on October 8, 2021
3 min readLast updated: January 30, 2026
The aircraft parts market is set to grow to $826.01 Bn by 2028, driven by demand from commercial and military sectors. Key players include Airbus and Boeing.
United States/WA: The global aircraft parts market was valued at US$ 537.04 Bn in 2019 and is expected to reach US$ 826.01 Bn by 2028 at a CAGR of 4.9% between 2021 and 2028.
Report Pages:[160 Pages]
Market Competitive Landscape:-
Major layers operating in the Global Aircraft Parts Market are: Airbus Group, Alcoa Corporation, Arconic Corporation, Boeing, Bombardier Inc., Collins Aerospace, Elbit Systems Ltd., Teijin, Lockheed Martin Corporation, and Triumph Group, Inc.
For any airplane to fly, one must lift the weight of the airplane itself, the fuel, the passengers, and the cargo. The wings generate most of the lift to hold the plane in the air. To generate lift, the airplane must be pushed through the air. The air resists the motion in the form of aerodynamic drag. Modern airliners use winglets on the tips of the wings to reduce drag. The turbine engines, which are located beneath the wings, provide the thrust to overcome drag and push the airplane forward through the air. Smaller, low-speed airplanes use propellers for the propulsion system instead of turbine engines. The airplane has six main parts—fuselage, wings, stabilizer (or tailplane), rudder, one or more engines, and landing gear. The fuselage is the main body of the machine, customarily streamlined in form. It usually contains control equipment and space for passengers and cargo. The wings are the main supporting surfaces. Modern airplanes are monoplanes (airplanes with one wing) and may be high-wing, mid-wing, or low-wing (relative to the bottom of the fuselage). At the trailing edge of the wings are auxiliary hinged surfaces known as ailerons that are used to gain lateral control and to turn the airplane.
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The post Aircraft Parts Market Top Companies Covered with Growing Demand 2021-2027 appeared first on Gatorledger.
The main topic is the growth and key players in the global aircraft parts market from 2021 to 2027.
Key players include Airbus Group, Boeing, Lockheed Martin, and Collins Aerospace.
The market is expected to grow from $537.04 Bn in 2019 to $826.01 Bn by 2028.
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