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Aerospace & Defense C-class Parts Market Share

Report ID: GMI3079
Published Date: Jul 2024
Report Format: PDF

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Aerospace & Defense C-class Parts Market Share

Aerospace & Defense C-class Parts Market Company Share Analysis, (2023)

Key players in the aerospace and defense c-class parts market are Precision Castparts Corporation, NTN Corporation, Safran SA, Arconic Incorporation and RCB Bearings Incorporated. Together these companies have a market share of 40%-45%. Companies in the aerospace and defense C-class parts market plays a crucial role in supplying essential components that are integral to the production and maintenance of aircraft and defense systems. These companies not only focus on producing high quality parts but also emphasis supply chain resilience cost efficiency and innovation to meet the evolving demand of the aerospace and defense industry worldwide.

Aerospace & Defense C-class Parts Market Companies

Major companies operating in the industry include:

Amphenol Corporation
Arconic Inc.
BAE Systems PLC
Boeing Company
General Dynamics Corporation
Honeywell International, Inc.
Lockheed Martin’s Corporation
Meggitt PLC
NTN Corporation
Precision Castparts Corporation
Raytheon Technologies Corporation
RCB Bearings Incorporated
Safran SA
SKF Bearings Inc.
Thales Group

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The market size for aerospace & defense C-class parts was valued at USD 13.1 billion in 2023 and is anticipated to register 5.1% CAGR between 2024 and 2032, driven by the boom in commercial aviation sector.

The fasteners segment of the aerospace & defense C-class parts market held a revenue of USD 6.7 billion in 2023 and is anticipated to grow at 4.9% CAGR during 2024-2032, owing to its application in various industries.

North America market was valued at USD 6 billion in 2023 and is anticipated to register 5.2% CAGR between 2024 and 2032, owing to the vast network of well-established companies across the aerospace and defense sectors.

Amphenol Corporation, Arconic Inc, BAE Systems PLC, Boeing Company, General Dynamics Corporation, Honeywell International, Inc, Lockheed Martins Corporation, Meggitt PLC, and NTN Corporation among others.