Complete Guide of "Aerospace & Defense C-class Parts"
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The Aerospace & Defense C-Class Parts Market, valued at around USD 13.1 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 5.1% from 2024 to 2032. The commercial aviation sector is thriving, driven by increased production rates of major aircraft programs such as the B737 MAX, A320neo family, and A350 XWB. This growth results in a substantial demand for C-class parts required for assembling these aircraft.
The market is segmented into fasteners, bearings, electrical components, and machined parts based on parts family/components. In 2023, the fasteners segment held the largest market share, generating USD 6.7 billion in revenue. This segment is expected to grow at a compound annual growth rate (CAGR) of 4.9% over the forecast period.
Based on the application, the market is divided into airframe, interiors, engines, and systems. In 2023, the airframe segment accounted for 53% of the total market share and is expected to grow at a CAGR of 5.3% over the forecast period.
Aeronautical / Avionics engineer , Master in technical sciences and Aircraft maintenance consultant /advisor .
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