Aircraft Aftermarket Parts Market Report 2026

Aircraft Aftermarket Parts Market Report 2026 Market Overview

• Aircraft Aftermarket Parts Market Report 2026 market size has reached to $37.28 billion in 2025 • Expected to grow to $56.53 billion in 2030 at a compound annual growth rate (CAGR) of 8.6% • Growth Driver: Surge In Air Traffic Fueling The Growth Of The Market Due To Increasing Aircraft Utilization Leading To Higher Component Wear And Maintenance Demand • Market Trend: Advancing High-Performance Component Availability Through Strategic Supply Agreements • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Aircraft Aftermarket Parts Market?

Aircraft aftermarket parts refer to components and equipment supplied for installation, replacement, or support after an aircraft has been originally manufactured and delivered. These parts are produced and distributed to maintain, restore, or extend the operational condition of aircraft throughout their service life. The main types of aircraft aftermarket parts include engine parts, airframe parts, avionics, landing gear, and interiors. Engine parts refer to replacement and maintenance components used to support the performance, reliability, and operational efficiency of aircraft engines. These products are manufactured using material types such as aluminum alloys, composite materials, titanium alloys, and steel alloys. They are distributed through direct sales, authorized distributors, online marketplaces, and independent parts suppliers and are utilized by end users including commercial airlines, maintenance repair and overhaul service providers, military and defense organizations, business aviation operators, and leasing companies.

What Is The Aircraft Aftermarket Parts Market Growth Forecast?

The aircraft aftermarket parts market size is expected to see strong growth in the next few years. It will grow to $56.53 billion in 2030 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to increasing retirement of aging aircraft fleets, growing demand for cost-efficient maintenance solutions, expansion of aviation activities in emerging economies, rising investment in advanced aircraft technologies, increasing focus on reducing aircraft downtime. Major trends in the forecast period include increasing demand for certified replacement parts for aging aircraft fleets, rising adoption of parts lifecycle extension strategies, growing demand for lightweight aftermarket components, increasing focus on inventory optimization and supply chain efficiency, expansion of component repair and refurbishment activities.

What Is The Driver Of The Aircraft Aftermarket Parts Market?

The increasing air traffic is expected to propel the growth of the aircraft aftermarket parts market going forward. Air traffic refers to the movement of aircraft within controlled and uncontrolled airspace, including takeoffs, landings, and flights between destinations. Air traffic is rising primarily due to increasing global economic activity and affordability of air travel, which has made flying more accessible to a larger population, leading to higher passenger demand and more frequent flights. Higher air traffic leads to greater aircraft usage, which accelerates component wear and increases the need for aftermarket parts to maintain safety, reliability, and continuous operations. For instance, in January 2026, according to the International Air Transport Association (IATA), a Canada-based trade association, total air passenger demand, measured in revenue passenger kilometers (RPK), rose by 5.7% in 2025 compared to November 2024, while total capacity, measured in available seat kilometers (ASK), increased by 5.4% year-on-year. Therefore, the increasing air traffic is driving the growth of the aircraft aftermarket parts industry.

Key Players In The Global Aircraft Aftermarket Parts Market

Major companies operating in the aircraft aftermarket parts market report are AAR Corp., Airbus Customer Services, Astronics Corporation, Boeing Global Services, Crane Company, Ducommun Incorporated, Eaton Corporation plc, GE Aerospace, GKN Aerospace, HEICO Corporation, Honeywell International Inc., Liebherr-International AG, Lufthansa Technik, Moog Inc., Ontic Engineering and Manufacturing Inc., Parker-Hannifin Corporation, Rolls-Royce Holdings plc, RTX Corporation, Safran S.A., ST Engineering, TransDigm Group Incorporated, Woodward Inc.

Global Aircraft Aftermarket Parts Market Trends and Insights

Major companies operating in the aircraft aftermarket part market are focusing on developing advanced solutions, such as turbine blades, to withstand extreme temperatures and mechanical stresses. Turbine blades are precision-engineered components that extract energy from high-temperature, high-pressure gases to drive the rotating sections of a turbine engine. For instance, in November 2024, AAR CORP., a US-based aerospace and defense aftermarket solutions provider, announced a multi-year engine parts supply agreement under which AAR will exclusively distribute Chromalloy’s Parts Manufacturer Approval (PMA) high-pressure turbine (HPT) Stage 1 and Stage 2 turbine blades for the CF6-80C2 engine to the global aftermarket. The agreement is set for an initial term of three years. To support worldwide distribution, AAR has placed an initial provisioning order to establish inventory of Chromalloy’s CF6-80C2 high-pressure turbine (HPT) Stage 1 and Stage 2 turbine blades.

What Are Latest Mergers And Acquisitions In The Aircraft Aftermarket Parts Market?

In April 2026, TransDigm Group Incorporated, a US-based aerospace manufacturing company, acquired Jet Parts Engineering and Victor Sierra Aviation Holdings for $2.2 billion. This acquisition strengthens TransDigm Group Incorporated's portfolio of proprietary aerospace aftermarket products and expands its presence across both commercial and business aviation segments. The addition of Jet Parts Engineering and Victor Sierra Aviation Holdings enhances TransDigm's capabilities in FAA-PMA replacement parts, repair solutions, and other high-value aftermarket components, supporting the company's long-term growth strategy in the aerospace aftermarket industry. Jet Parts Engineering and Victor Sierra Aviation Holdings are US-based companies specializing in aircraft aftermarket parts.

What Defines the Aircraft Aftermarket Parts Market?

The aircraft aftermarket parts market consists of sales of flight control system components, fuel system components, aircraft lighting systems, airframe structural parts, and landing gear tires. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Aircraft Aftermarket Parts Market Report 2026?

The aircraft aftermarket parts market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft aftermarket parts industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.