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    US Aerospace Parts Manufacturing Market

    ID: MRFR/AD/19293-HCR
    100 Pages
    Garvit Vyas
    October 2025

    US Aerospace Parts Manufacturing Market Research Report: By Product (Engines, Aircraft Manufacturing, Cabin Interiors, Avionics, Insulation Components and Equipment, System and Support) and By Application (Commercial Aircraft, Business Aircraft, Military Aircraft, Others) - Forecast to 2035

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    US Aerospace Parts Manufacturing Market Infographic
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    US Aerospace Parts Manufacturing Market Summary

    As per MRFR analysis, the US aerospace parts-manufacturing market size was estimated at 21.0 USD Billion in 2024. The US aerospace parts-manufacturing market is projected to grow from 21.69 USD Billion in 2025 to 30.0 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 3.3% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US aerospace parts-manufacturing market is experiencing a transformative shift driven by technological advancements and sustainability initiatives.

    • The adoption of advanced materials is reshaping the aerospace parts-manufacturing landscape, enhancing performance and reducing weight.
    • Increased automation and digitalization are streamlining production processes, leading to greater efficiency and reduced costs.
    • The focus on sustainability and compliance is becoming paramount, as manufacturers seek to meet regulatory standards and consumer expectations.
    • Technological advancements in manufacturing and rising demand for fuel-efficient aircraft are key drivers propelling market growth.

    Market Size & Forecast

    2024 Market Size 21.0 (USD Billion)
    2035 Market Size 30.0 (USD Billion)

    Major Players

    Boeing (US), Airbus (FR), Lockheed Martin (US), Northrop Grumman (US), Raytheon Technologies (US), General Dynamics (US), Safran (FR), Thales (FR), Leonardo (IT)

    US Aerospace Parts Manufacturing Market Trends

    The aerospace parts-manufacturing market is currently experiencing a transformative phase. This shift is driven by advancements in technology and increasing demand for more efficient and sustainable aircraft. Manufacturers are focusing on integrating innovative materials and processes to enhance performance and reduce weight, which is crucial for improving fuel efficiency. Additionally, the market is witnessing a shift towards automation and digitalization, with companies adopting smart manufacturing techniques to streamline operations and reduce costs. This evolution is not only enhancing productivity but also enabling manufacturers to respond more swiftly to changing market dynamics and customer needs. Moreover, the aerospace parts-manufacturing market is influenced by regulatory changes and environmental considerations. Stricter emissions regulations are prompting manufacturers to invest in research and development for greener technologies. The emphasis on sustainability is leading to the exploration of alternative materials and manufacturing methods that minimize environmental impact. As the industry adapts to these challenges, collaboration among stakeholders, including suppliers, manufacturers, and regulatory bodies, is becoming increasingly vital to ensure compliance and foster innovation. This collaborative approach may pave the way for a more resilient and sustainable aerospace parts-manufacturing market in the future.

    Adoption of Advanced Materials

    The aerospace parts-manufacturing market is witnessing a notable trend in the use of advanced materials, such as composites and lightweight alloys. These materials offer enhanced strength-to-weight ratios, which are essential for improving aircraft performance and fuel efficiency. Manufacturers are increasingly investing in research to develop and implement these materials, which could lead to significant advancements in aircraft design and functionality.

    Increased Automation and Digitalization

    Automation and digitalization are becoming integral to the aerospace parts-manufacturing market. Companies are adopting smart manufacturing technologies, including robotics and data analytics, to optimize production processes. This trend not only enhances operational efficiency but also allows for real-time monitoring and quality control, which may improve overall product reliability and reduce lead times.

    Focus on Sustainability and Compliance

    Sustainability is emerging as a critical focus within the aerospace parts-manufacturing market. Manufacturers are responding to regulatory pressures by developing eco-friendly practices and materials. This trend includes the exploration of alternative manufacturing methods that reduce waste and emissions, aligning with global efforts to promote environmental responsibility in the aerospace sector.

    US Aerospace Parts Manufacturing Market Drivers

    Emerging Markets and Global Trade

    Emerging markets are becoming increasingly influential in the aerospace parts-manufacturing market. Countries such as India and Brazil are investing heavily in their aerospace sectors, creating new opportunities for U.S. manufacturers. The expansion of global trade agreements facilitates the export of aerospace components, allowing U.S. manufacturers to tap into new markets. As these emerging economies develop their aviation infrastructure, the demand for high-quality aerospace parts is expected to rise. This trend indicates a potential for growth in the aerospace parts-manufacturing market as manufacturers seek to establish a foothold in these lucrative markets.

    Growing Commercial Aviation Sector

    The commercial aviation sector is expanding rapidly, which directly impacts the aerospace parts-manufacturing market. With an increase in air travel demand, airlines are expanding their fleets to accommodate more passengers. This growth is reflected in the projected increase in aircraft deliveries, which is expected to reach 40,000 units over the next two decades. Consequently, the need for high-quality aerospace components is rising, prompting manufacturers to scale up production. The aerospace parts-manufacturing market is thus positioned to thrive as it responds to the burgeoning requirements of the commercial aviation industry.

    Government Investments in Aerospace

    Government investments play a crucial role in shaping the aerospace parts-manufacturing market. The U.S. government has allocated substantial funding for aerospace research and development, aiming to bolster national security and technological leadership. In recent years, funding for aerospace initiatives has increased by over 15%, fostering innovation and collaboration between public and private sectors. This financial support encourages manufacturers to develop cutting-edge technologies and improve production capabilities. As a result, the aerospace parts-manufacturing market benefits from enhanced competitiveness and the ability to meet the evolving demands of the industry.

    Rising Demand for Fuel-Efficient Aircraft

    The aerospace parts-manufacturing market is significantly influenced by the increasing demand for fuel-efficient aircraft. Airlines are under pressure to reduce operational costs and minimize environmental impact, leading to a shift towards more efficient aircraft designs. According to industry reports, the market for fuel-efficient aircraft is projected to grow by 5% annually, prompting manufacturers to innovate and produce lightweight components. This trend necessitates the development of advanced materials and manufacturing techniques, which in turn stimulates growth in the aerospace parts-manufacturing market. As airlines invest in modern fleets, the demand for high-performance parts continues to rise.

    Technological Advancements in Manufacturing

    The aerospace parts-manufacturing market is experiencing a surge in technological advancements that enhance production efficiency and precision. Innovations such as additive manufacturing and advanced robotics are transforming traditional manufacturing processes. For instance, the integration of 3D printing technology allows for the creation of complex geometries that were previously unattainable, reducing material waste by up to 30%. Furthermore, automation in assembly lines is expected to increase productivity by approximately 20% over the next few years. These advancements not only streamline operations but also improve the quality of aerospace components, thereby driving growth in the aerospace parts-manufacturing market.

    Market Segment Insights

    US Aerospace Parts Manufacturing Market Segment Insights:

    US Aerospace Parts Manufacturing Market Segment Insights:

    Aerospace Parts Manufacturing Market Product Insights

    Aerospace Parts Manufacturing Market Product Insights

    The US Aerospace Parts Manufacturing Market is experiencing robust dynamics, driven by a comprehensive understanding of its product segmentation, which includes essential categories such as Engines, Aircraft Manufacturing, Cabin Interiors, Avionics, Insulation Components and Equipment, and System and Support. Each of these segments plays a crucial role in the market's overall functionality and efficiency, as they cater to the diverse needs of the aerospace industry, which has shown consistent growth due to rising air travel demands and advancements in technology. In the context of Engines, advancements in fuel efficiency and emissions reduction technologies are paramount.

    Newer engine models, combining innovative materials and design methodologies, reflect the aerospace sector's pivot towards sustainable practices. The Aircraft Manufacturing segment stands as a cornerstone of the industry, with the increase in production rates and new aircraft models aligning closely with the evolving specifications set forth by regulatory bodies and the demand for air travel connectivity.Cabin Interiors represent another significant aspect of the market, as airlines continually strive to enhance passenger experiences through improved comfort and amenities, making this segment critical for customer satisfaction and brand loyalty.

    The focus on Avionics also illustrates a growing trend towards automated systems and enhanced navigation technology, which combines safety with user efficiency. This segment's growth is influenced by technological advancements that are reshaping the operational capabilities of modern aircraft.Insulation Components and Equipment are integral for managing thermal properties within aircraft, ensuring safety and comfort while optimizing weightan essential factor for performance and fuel efficiency. Finally, System and Support services highlight the industry's focus on operational longevity and reliability.

    These services incorporate maintenance, upgrades, and logistical support, providing a comprehensive ecosystem that ensures the aerospace parts’ efficiency and dependability in flight operations. Overall, each segment within the US Aerospace Parts Manufacturing Market underscores the comprehensive and multifaceted nature of aerospace production and support systems, collectively contributing to advancements in safety, performance, and customer satisfaction in the aviation sector. The market is increasingly geared towards integrating advanced technologies and materials, thereby enhancing operational efficiencies and addressing environmental concerns, all while ensuring regulatory compliance and operational excellence.

    Aerospace Parts Manufacturing Market Application Insights

    Aerospace Parts Manufacturing Market Application Insights

    The US Aerospace Parts Manufacturing Market exhibits a robust segmentation focused on Application, which includes Commercial Aircraft, Business Aircraft, Military Aircraft, and others. The Commercial Aircraft segment significantly contributes to the market due to the continuous rise in air travel demand and the subsequent need for advanced aerospace parts and systems. This segment benefits from the expansion of airlines as well as the introduction of environmentally friendly aircraft technology.

    The Business Aircraft segment also shows a promising trend, driven by increased demand for private charters and corporate travel, reflecting the growing economic activities in various sectors.Moreover, the Military Aircraft segment plays a pivotal role, bolstered by rising defense budgets and the ongoing modernization of military fleets, highlighting the importance of advanced parts for combat and logistical support. The others category encompasses various applications, including space operations and UAVs, which reflect innovation and adaptability in the aerospace sector.

    This diversified landscape underscores the importance of each application segment and showcases the growth potential within the US Aerospace Parts Manufacturing Market, as ongoing technological advancements and regulatory requirements shape the industry's dynamics.

    Get more detailed insights about US Aerospace Parts Manufacturing Market

    Key Players and Competitive Insights

    The aerospace parts-manufacturing market is characterized by a dynamic competitive landscape, driven by technological advancements, increasing demand for fuel-efficient aircraft, and a growing emphasis on sustainability. Major players such as Boeing (US), Lockheed Martin (US), and Raytheon Technologies (US) are strategically positioned to leverage innovation and partnerships to enhance their operational capabilities. Boeing (US) focuses on digital transformation and supply chain optimization, while Lockheed Martin (US) emphasizes advanced manufacturing techniques and strategic acquisitions to bolster its market presence. Raytheon Technologies (US) is actively pursuing collaborations to enhance its technological offerings, collectively shaping a competitive environment that prioritizes efficiency and innovation.

    Key business tactics within this market include localizing manufacturing to reduce costs and enhance supply chain resilience. The competitive structure appears moderately fragmented, with a mix of established players and emerging companies vying for market share. The collective influence of key players fosters a landscape where innovation and operational efficiency are paramount, driving the need for continuous improvement and adaptation.

    In October 2025, Boeing (US) announced a significant partnership with a leading technology firm to develop advanced AI-driven manufacturing processes. This strategic move is likely to enhance Boeing's production efficiency and reduce lead times, positioning the company favorably in a market that increasingly values rapid innovation. The integration of AI into manufacturing processes may also lead to improved quality control and reduced operational costs, further solidifying Boeing's competitive edge.

    In September 2025, Lockheed Martin (US) completed the acquisition of a smaller aerospace technology firm specializing in additive manufacturing. This acquisition is expected to bolster Lockheed's capabilities in producing complex aerospace components with reduced waste and enhanced performance. The strategic importance of this move lies in Lockheed's commitment to sustainability and efficiency, aligning with broader industry trends towards environmentally friendly manufacturing practices.

    In August 2025, Raytheon Technologies (US) launched a new initiative aimed at developing sustainable aerospace technologies, including eco-friendly materials and energy-efficient systems. This initiative reflects a growing trend within the industry towards sustainability, as companies seek to meet regulatory requirements and consumer expectations for greener products. Raytheon's focus on sustainability may not only enhance its market position but also attract partnerships with other firms committed to environmental stewardship.

    As of November 2025, current competitive trends in the aerospace parts-manufacturing market include a pronounced shift towards digitalization, sustainability, and AI integration. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise to drive innovation. The competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological advancement, supply chain reliability, and sustainable practices, indicating a transformative phase for the industry.

    Key Companies in the US Aerospace Parts Manufacturing Market market include

    Industry Developments

    Recent developments in the US Aerospace Parts Manufacturing Market include significant growth in companies such as Boeing and Lockheed Martin, attributed to increased defense spending and rising commercial air travel demand. In September 2023, General Dynamics announced a strategic partnership with Honeywell to enhance capabilities in avionics systems, signaling a focus on advanced technological integration. Additionally, Moog has experienced a strong valuation increase due to contracts with military suppliers, reflecting heightened government investments.

    In the realm of mergers and acquisitions, Rockwell Collins, a subsidiary of Raytheon Technologies, completed the acquisition of a smaller avionics firm in August 2023, aimed at expanding its market position in the civilian sector. Spirit AeroSystems reported a boost in its market valuation owing to new contracts with Airbus, which has fueled their growth trajectory. Furthermore, the US aerospace sector is expected to benefit from a projected increase in defense budgets and infrastructure investments, further reinforcing its crucial role in the national economy.

    These trends indicate a robust environment for the aerospace parts manufacturing sector in the United States over the current fiscal year and beyond, driven by innovation and strategic partnerships.

    Future Outlook

    US Aerospace Parts Manufacturing Market Future Outlook

    The aerospace parts-manufacturing market is projected to grow at a 3.3% CAGR from 2024 to 2035, driven by technological advancements and increasing demand for fuel-efficient aircraft.

    New opportunities lie in:

    • Investment in additive manufacturing technologies for lightweight components.
    • Development of predictive maintenance solutions to enhance operational efficiency.
    • Expansion into emerging markets with tailored aerospace solutions.

    By 2035, the aerospace parts-manufacturing market is expected to achieve robust growth and increased competitiveness.

    Market Segmentation

    US Aerospace Parts Manufacturing Market End-use Outlook

    • Original Equipment Manufacturer
    • Aftermarket

    US Aerospace Parts Manufacturing Market Material Outlook

    • Aluminum
    • Titanium
    • Composite Materials
    • Steel

    US Aerospace Parts Manufacturing Market Application Outlook

    • Commercial Aviation
    • Military Aviation
    • Space Exploration
    • Unmanned Aerial Vehicles

    US Aerospace Parts Manufacturing Market Type of Parts Outlook

    • Structural Components
    • Engine Components
    • Electrical Components
    • Interior Components

    Report Scope

    MARKET SIZE 2024 21.0(USD Billion)
    MARKET SIZE 2025 21.69(USD Billion)
    MARKET SIZE 2035 30.0(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 3.3% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Boeing (US), Airbus (FR), Lockheed Martin (US), Northrop Grumman (US), Raytheon Technologies (US), General Dynamics (US), Safran (FR), Thales (FR), Leonardo (IT)
    Segments Covered Application, Type of Parts, Material, End-use
    Key Market Opportunities Integration of advanced materials and automation technologies enhances efficiency in the aerospace parts-manufacturing market.
    Key Market Dynamics Technological advancements drive innovation and efficiency in the aerospace parts-manufacturing market, reshaping competitive dynamics.
    Countries Covered US

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    FAQs

    What is the projected market size of the US Aerospace Parts Manufacturing Market in 2024?

    The US Aerospace Parts Manufacturing Market is projected to be valued at 1.65 billion USD in 2024.

    What will be the market size of the US Aerospace Parts Manufacturing Market by 2035?

    By 2035, the US Aerospace Parts Manufacturing Market is expected to reach 2.56 billion USD.

    What is the expected CAGR for the US Aerospace Parts Manufacturing Market from 2025 to 2035?

    The expected CAGR for the US Aerospace Parts Manufacturing Market during the period from 2025 to 2035 is 4.1%.

    Who are the key players in the US Aerospace Parts Manufacturing Market?

    Major players in the market include Moog, Raytheon Technologies, Boeing, Lockheed Martin, General Dynamics, and Textron.

    Which product segment is projected to have the highest value in the aerospace parts market by 2035?

    The Engines segment is projected to have the highest value, reaching 0.7 billion USD by 2035.

    What is the estimated market value for Aircraft Manufacturing in 2024?

    The market value for Aircraft Manufacturing is estimated to be 0.5 billion USD in 2024.

    How much is the Avionics segment expected to be valued by 2035?

    The Avionics segment is expected to be valued at 0.35 billion USD by 2035.

    What challenges does the US Aerospace Parts Manufacturing Market face currently?

    Challenges include supply chain disruptions and increasing regulatory requirements.

    How is the Insulation Components and Equipment segment expected to grow through 2035?

    The Insulation Components and Equipment segment is expected to grow to 0.31 billion USD by 2035.

    What opportunities are present for growth in the US Aerospace Parts Manufacturing Market?

    Opportunities include advancements in technology and increasing demand for lightweight and efficient aerospace components.

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