Published Thu, Dec 6th 2018
This report, from Stratview Research, studies the global aerospace and defense c-class parts market over the trend period of 2012 to 2017 and the forecast period of 2018 to 2023.
This report, from Stratview Research, studies the Aerospace and defense c-class parts market over the trend period of 2012 to 2017 and the forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Aerospace and Defense C-Class Parts Market: Highlights
The Aerospace & defense c-class parts market offers a healthy growth opportunity over the next five years and will reach an estimated value of US$ 12.9 billion in 2023. Increasing commercial and regional aircraft deliveries, increasing the share of wide-body aircraft in commercial aircraft deliveries, increasing aircraft fleet size, an advancement in technology, and rising demand for lightweight and high corrosion-resistant fasteners are the key factors that are proliferating the demand for c-class parts in the aerospace & defense industry.
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C-Class parts in the aerospace & defense industry are low cost and high-volume commodity parts, such as fasteners and bearings. The Aerospace & defense c-class parts market is segmented into four major heads which are Hardware Parts, Bearing Parts, Electronic Components, and Machined Parts. The hardware parts segment is expected to remain dominant in the Aerospace & defense c-class parts market over the next five years, mainly driven by the demand for fasteners and bolts. Hardware parts majorly consist of fasteners which are situated across an aircraft body including the fuselage, wings, landing gear fittings, control surfaces, flight control actuating systems, and air-intake areas near the engine.
Commercial aircraft is likely to remain the largest aircraft type in the Aerospace & defense c-class parts market during the forecast period. The aircraft type is also likely to witness the highest growth during the same period. Increasing production rates of key programs, such as B737 and A320 family; market entry of new players, such as COMAC; upcoming aircraft programs or introduction of variants of existing programs, such as B737max and COMAC C919; and rising commercial aircraft fleet are the major factors that are driving the demand for c-class parts in the segment.
North America is expected to remain the leading region in the aerospace & defense c-class parts market during the forecast period. The region is the manufacturing capital of the aerospace & defense industry with the presence of several large- to small-sized OEMs, tier players, distributors, c-class part manufacturers, and airline companies.
The supply chain of this market comprises raw material manufacturers, c-class part manufacturers, distributors, tier players, aerospace OEMs, and airline companies. The key distributors are Wesco Aircraft, Kellstrom industries, and Aviall Services. The key aerospace OEMs are Boeing, Airbus, COMAC, Bombardier, Embraer, ATR, Lockheed Martin, Cessna, and Gulfstream.
The key aerospace & defense c-class part manufacturers are Arconic Corporation, Precision Castparts Corporation, Lisi Aerospace, Amphenol Corporation, Eaton Corporation, Stanley Black & Decker, TriMas Corporation, and RBC Bearings Incorporated. New product development, collaboration with tier players and OEMs, and formation of long-term contracts are the key strategies adopted by the major players to gain a competitive edge in the market.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
The Aerospace & defense C-Class parts market is segmented into the following categories.
Aerospace & Defense C-Class Parts Market by Aircraft Type:
Aerospace & Defense C-Class Parts Market by Part Type:
Aerospace & Defense C-Class Parts Market by Sales Channel Type
Aerospace & Defense C-Class Parts Market by End-User Type
Aerospace & Defense C-Class Parts Market by Region
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