Commercial airframe component market size to grow by USD 4,054.71 million; Driven by growing air passenger traffic - Technavio

NEW YORK, Feb. 14, 2023 /PRNewswire/ -- The commercial airframe component market size is forecast to increase by USD 4,054.71 million from 2022 to 2027. However, the growth momentum will be decelerating at a CAGR of 6.36%, according to a recent market study by Technavio. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 9,675.19 million. The growth of the market will be driven by aviation-friendly government initiatives in APAC, growing air passenger traffic, and increasing use of composites. Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report

Technavio has extensively analyzed 15 major vendors, including Aernnova Aerospace SA, Avion Alloys Inc., Bharat Forge Ltd., Commercial Aircraft Corporation of China Ltd., DAHER, Deutsche Lufthansa AG, Ferra Engineering Pty Ltd, Latecoere, Lisi Aerospace SAS, Melrose Industries Plc, Mitsubishi Heavy Industries Ltd., Precision Castparts Corp., RUAG International Holding Ltd., Sonaca SA, Spirit AeroSystems Holdings Inc., Thomas B. Thriges Foundation, Triumph Group Inc., Airbus SE, Eaton Corp. Plc, and The Boeing Co.

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Key Benefits for Industry Players & Stakeholders – 

• The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
• It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
• The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

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Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio

• One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage. 
• Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
• Furthermore, market adoption rates for all regions have been covered.

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The market is segmented by type (narrow-body and wide-body), component (fuselage, wing, and empennage), and geography (Europe, APAC, North America, Middle East and Africa, and South America).

Segmentation by Type (Inclusion/Exclusion)

• The market growth in the narrow-body commercial segment will be significant during the forecast period. The segment is primarily driven by the increased demand for narrow-body aircraft in emerging and developed economies. The growth of the segment will also be driven by the demand for aircraft airframe modifications to match the specifications and themes of airline operators.

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What are the key data covered in this commercial airframe component market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the commercial airframe component market between 2023 and 2027
• Precise estimation of the size of the commercial airframe component market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the commercial airframe component market industry across Europe, APAC, North America, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of commercial airframe component market vendors

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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Component
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global commercial airframe component market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global commercial airframe component market 2017 - 2021 ($ million)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.3 Component Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Component Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Narrow-body - Market size and forecast 2022-2027
• Exhibit 34: Chart on Narrow-body - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Narrow-body - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Narrow-body - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Narrow-body - Year-over-year growth 2022-2027 (%)

• 6.4 Wide-body - Market size and forecast 2022-2027
• Exhibit 38: Chart on Wide-body - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Wide-body - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Wide-body - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Wide-body - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Type 
• Exhibit 42: Market opportunity by Type ($ million)

7 Market Segmentation by Component

• 7.1 Market segments 
• Exhibit 43: Chart on Component - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Component - Market share 2022-2027 (%)

• 7.2 Comparison by Component 
• Exhibit 45: Chart on Comparison by Component
• Exhibit 46: Data Table on Comparison by Component

• 7.3 Fuselage - Market size and forecast 2022-2027
• Exhibit 47: Chart on Fuselage - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Fuselage - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Fuselage - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Fuselage - Year-over-year growth 2022-2027 (%)

• 7.4 Wing - Market size and forecast 2022-2027
• Exhibit 51: Chart on Wing - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Wing - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Wing - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Wing - Year-over-year growth 2022-2027 (%)

• 7.5 Empennage - Market size and forecast 2022-2027
• Exhibit 55: Chart on Empennage - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Empennage - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Empennage - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Empennage - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Component 
• Exhibit 59: Market opportunity by Component ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 61: Chart on Market share by geography 2022-2027 (%)
• Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 63: Chart on Geographic comparison
• Exhibit 64: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Germany - Market size and forecast 2022-2027
• Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.10 France - Market size and forecast 2022-2027
• Exhibit 93: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027
• Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 Canada - Market size and forecast 2022-2027
• Exhibit 101: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 106: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 108: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 109: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 110: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 111: Matrix on vendor position and classification

• 12.3 Aernnova Aerospace SA 
• Exhibit 112: Aernnova Aerospace SA - Overview
• Exhibit 113: Aernnova Aerospace SA - Product / Service
• Exhibit 114: Aernnova Aerospace SA - Key offerings

• 12.4 Airbus SE 
• Exhibit 115: Airbus SE - Overview
• Exhibit 116: Airbus SE - Business segments
• Exhibit 117: Airbus SE - Key news
• Exhibit 118: Airbus SE - Key offerings
• Exhibit 119: Airbus SE - Segment focus

• 12.5 Bharat Forge Ltd. 
• Exhibit 120: Bharat Forge Ltd. - Overview
• Exhibit 121: Bharat Forge Ltd. - Business segments
• Exhibit 122: Bharat Forge Ltd. - Key offerings
• Exhibit 123: Bharat Forge Ltd. - Segment focus

• 12.6 Commercial Aircraft Corporation of China Ltd.
• Exhibit 124: Commercial Aircraft Corporation of China Ltd. - Overview
• Exhibit 125: Commercial Aircraft Corporation of China Ltd. - Product / Service
• Exhibit 126: Commercial Aircraft Corporation of China Ltd. - Key offerings

• 12.7 DAHER 
• Exhibit 127: DAHER - Overview
• Exhibit 128: DAHER - Product / Service
• Exhibit 129: DAHER - Key offerings

• 12.8 Deutsche Lufthansa AG 
• Exhibit 130: Deutsche Lufthansa AG - Overview
• Exhibit 131: Deutsche Lufthansa AG - Business segments
• Exhibit 132: Deutsche Lufthansa AG - Key news
• Exhibit 133: Deutsche Lufthansa AG - Key offerings
• Exhibit 134: Deutsche Lufthansa AG - Segment focus

• 12.9 Latecoere 
• Exhibit 135: Latecoere - Overview
• Exhibit 136: Latecoere - Product / Service
• Exhibit 137: Latecoere - Key offerings

• 12.10 Lisi Aerospace SAS 
• Exhibit 138: Lisi Aerospace SAS - Overview
• Exhibit 139: Lisi Aerospace SAS - Business segments
• Exhibit 140: Lisi Aerospace SAS - Key offerings
• Exhibit 141: Lisi Aerospace SAS - Segment focus

• 12.11 Melrose Industries Plc 
• Exhibit 142: Melrose Industries Plc - Overview
• Exhibit 143: Melrose Industries Plc - Business segments
• Exhibit 144: Melrose Industries Plc - Key offerings
• Exhibit 145: Melrose Industries Plc - Segment focus

• 12.12 Precision Castparts Corp. 
• Exhibit 146: Precision Castparts Corp. - Overview
• Exhibit 147: Precision Castparts Corp. - Product / Service
• Exhibit 148: Precision Castparts Corp. - Key offerings

• 12.13 RUAG International Holding Ltd. 
• Exhibit 149: RUAG International Holding Ltd. - Overview
• Exhibit 150: RUAG International Holding Ltd. - Business segments
• Exhibit 151: RUAG International Holding Ltd. - Key offerings
• Exhibit 152: RUAG International Holding Ltd. - Segment focus

• 12.14 Sonaca SA 
• Exhibit 153: Sonaca SA - Overview
• Exhibit 154: Sonaca SA - Product / Service
• Exhibit 155: Sonaca SA - Key offerings

• 12.15 Spirit AeroSystems Holdings Inc. 
• Exhibit 156: Spirit AeroSystems Holdings Inc. - Overview
• Exhibit 157: Spirit AeroSystems Holdings Inc. - Business segments
• Exhibit 158: Spirit AeroSystems Holdings Inc. - Key offerings
• Exhibit 159: Spirit AeroSystems Holdings Inc. - Segment focus

• 12.16 The Boeing Co. 
• Exhibit 160: The Boeing Co. - Overview
• Exhibit 161: The Boeing Co. - Business segments
• Exhibit 162: The Boeing Co. - Key news
• Exhibit 163: The Boeing Co. - Key offerings
• Exhibit 164: The Boeing Co. - Segment focus

• 12.17 Triumph Group Inc. 
• Exhibit 165: Triumph Group Inc. - Overview
• Exhibit 166: Triumph Group Inc. - Business segments
• Exhibit 167: Triumph Group Inc. - Key offerings
• Exhibit 168: Triumph Group Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 169: Inclusions checklist
• Exhibit 170: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 171: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 172: Research methodology
• Exhibit 173: Validation techniques employed for market sizing
• Exhibit 174: Information sources

• 13.5 List of abbreviations 
• Exhibit 175: List of abbreviations

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