Commercial aircraft PMA market size set to increase by USD 206.72 million from 2022 to 2027; Growth opportunities led by Aero Brake and Spares Inc. and Airforms Inc. – Technavio

NEW YORK, Feb. 17, 2023 /PRNewswire/ — The commercial aircraft PMA market size is forecast to increase by USD 206.72 million from 2022 to 2027, at a CAGR of 5.66%, according to the recent market study by Technavio. The growth of the market will be driven by the growing number of air passengers, the relatively low cost of PMA-made parts, and the expansion of air routes. The report also includes historic market data from 2017 to 2021. In 2017, the aluminum extrusion market was valued at USD 591.31 million. 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 ADPMA LLC, Aero Brake and Spares Inc., Airforms Inc., AirGroup America Inc., AMETEK Inc., Aviation Component Solutions, BAE Systems Plc, Fluid Components LLC, General Electric Co., HEICO Corp., Parker Hannifin Corp., Precision Castparts Corp., Raytheon Technologies Corp., RBC Bearings Inc., Safran SA, Sequa Corp., Spirit AeroSystems Holdings Inc., The Timken Co., Triumph Group Inc., and Wencor Group LLC

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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 (engine, component, and others), application (small widebody, medium widebody, and large widebody), and geography (APAC, North America, Europe, Middle East and Africa, and South America). 

Segmentation by type (Inclusion/Exclusion)

• Inclusion 
• Engine  
• The engine of a commercial aircraft consists of components such as air intakes, compressors, combustors, turbines, afterburners (reheat), nozzles, and thrust reversers. The engine manufacturers are incorporating various technologies, such as additive manufacturing, to reduce the weight of the engine along with the manufacturing cost. This encourages various aircraft OEMs to use engines that reduce the manufacturing cost and the weight of commercial aircraft. The use of advanced technology by engine manufacturers will encourage commercial aircraft PMA enterprises to improve their manufacturing capabilities so that they can offer cost-effective engine components to airline service providers, which can be used during engine maintenance and repair activities. Hence, these factors will lead to an increase in the demand for commercial aircraft PMA-made engine components during the forecast period.

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What are the key data covered in this Commercial Aircraft PMA Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the commercial aircraft PMA market between 2023 and 2027
• Precise estimation of the size of the commercial aircraft PMA 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 aircraft PMA market industry across APAC, North America, Europe, 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 aircraft PMA market vendors

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 Application
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis – Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Application

• 5.1 Market segments
• Exhibit 24: Chart on Application – Market share 2021-2026 (%)
• Exhibit 25: Data Table on Application – Market share 2021-2026 (%)

• 5.2 Comparison by Application
• Exhibit 26: Chart on Comparison by Application
• Exhibit 27: Data Table on Comparison by Application

• 5.3 Narrow-body aircraft – Market size and forecast 2021-2026
• Exhibit 28: Chart on Narrow-body aircraft – Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Narrow-body aircraft – Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Narrow-body aircraft – Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Narrow-body aircraft – Year-over-year growth 2021-2026 (%)

• 5.4 Wide body aircraft – Market size and forecast 2021-2026
• Exhibit 32: Chart on Wide body aircraft – Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Wide body aircraft – Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Wide body aircraft – Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Wide body aircraft – Year-over-year growth 2021-2026 (%)

• 5.5 Regional Aircraft – Market size and forecast 2021-2026
• Exhibit 36: Chart on Regional aircraft – Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Regional aircraft – Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Regional aircraft – Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Regional aircraft – Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Application
• Exhibit 40: Market opportunity by Application ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 Europe – Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)

• 7.4 North America – Market size and forecast 2021-2026
• Exhibit 50: Chart on North America – Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on North America – Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on North America – Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America – Year-over-year growth 2021-2026 (%)

• 7.5 APAC – Market size and forecast 2021-2026
• Exhibit 54: Chart on APAC – Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC – Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC – Year-over-year growth 2021-2026 (%)

• 7.6 South America – Market size and forecast 2021-2026
• Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa – Market size and forecast 2021-2026
• Exhibit 62: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)

• 7.8 Germany – Market size and forecast 2021-2026
• Exhibit 66: Chart on Germany – Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Germany – Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Germany – Year-over-year growth 2021-2026 (%)

• 7.9 US – Market size and forecast 2021-2026
• Exhibit 70: Chart on US – Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on US – Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on US – Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on US – Year-over-year growth 2021-2026 (%)

• 7.10 China – Market size and forecast 2021-2026
• Exhibit 74: Chart on China – Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on China – Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on China – Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China – Year-over-year growth 2021-2026 (%)

• 7.11 France – Market size and forecast 2021-2026
• Exhibit 78: Chart on France – Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on France – Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on France – Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on France – Year-over-year growth 2021-2026 (%)

• 7.12 Singapore – Market size and forecast 2021-2026
• Exhibit 82: Chart on Singapore – Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Singapore – Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Singapore – Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Singapore – Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 92: Matrix on vendor position and classification

• 10.3 AERTEC Group
• Exhibit 93: AERTEC Group – Overview
• Exhibit 94: AERTEC Group – Product / Service
• Exhibit 95: AERTEC Group – Key offerings

• 10.4 Airbus SE
• Exhibit 96: Airbus SE – Overview
• Exhibit 97: Airbus SE – Business segments
• Exhibit 98: Airbus SE – Key news
• Exhibit 99: Airbus SE – Key offerings
• Exhibit 100: Airbus SE – Segment focus

• 10.5 Iacobucci HF Aerospace Spa
• Exhibit 101: Iacobucci HF Aerospace Spa – Overview
• Exhibit 102: Iacobucci HF Aerospace Spa – Product / Service
• Exhibit 103: Iacobucci HF Aerospace Spa – Key news
• Exhibit 104: Iacobucci HF Aerospace Spa – Key offerings

• 10.6 Safran SA
• Exhibit 105: Safran SA – Overview
• Exhibit 106: Safran SA – Business segments
• Exhibit 107: Safran SA – Key news
• Exhibit 108: Safran SA – Key offerings
• Exhibit 109: Safran SA – Segment focus

• 10.7 The MEL Group
• Exhibit 110: The MEL Group – Overview
• Exhibit 111: The MEL Group – Product / Service
• Exhibit 112: The MEL Group – Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 113: Inclusions checklist
• Exhibit 114: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 115: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 116: Research methodology
• Exhibit 117: Validation techniques employed for market sizing
• Exhibit 118: Information sources

• 11.5 List of abbreviations
• Exhibit 119: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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