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Aerospace & Defense C-class Parts Market Share
- Report ID: GMI3079
- Published Date: Jun 2021
- Report Format: PDF
Aerospace & Defense C-class Parts Market Share
Companies working in the market are continuously investing and focusing on innovations to meet industry challenges. Major players operating in the industry are:
- Amphenol
- Stanley Black & Decker Inc.
- Eaton Corporation
- RCB Bearings Incorporated
- Trimas Corporation
- Precision Castparts corporation
- Arconic
- National Aerospace Fasteners Corporation
- SKF Bearings
- TE Connectivity
Frequently Asked Questions (FAQ) :
Aerospace & defense C-class parts market size was valued at over USD 11.67 billion in 2020 and will witness CAGR of over 4.7% through 2027 with accelerating product demand due to replacement of old aircraft in commercial & defense aviation sector.
Fasteners segment will capture more than 50% of share by 2027 on account of increasing product demand due to its defining longevity, structural integrity, and design.
Aerospace airframe segment will record a valuation of USD 8.49 billion by 2027 driven by development of major projects and commercial aircraft fleet in developed regions.
North America aerospace & defense C-class parts market had held over 45% of revenue share in 2020 and will record a CAGR of over 4.8% through 2027 owing to increasing production of large civil aircraft in the region.
Commercial segment captured over 50% share in 2020 and will register CAGR of 4.8% through 2027 with increasing air passenger traffic, thriving tourism & travel industry and lower air fares.
Aerospace & Defense C-class Parts Market Scope
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