Aerospace And Defense C Class Parts Market
Aerospace & Defense C-class Parts Market Forecasts to 2030 - Global Analysis By Product (Fasteners, Hardware, Electrical Components, Seals & Gaskets, Bearings, Miscellaneous Components and Other Products), Material, Application, End User and By Geography
According to Stratistics MRC, the Global Aerospace & Defense C-class Parts Market is accounted for $14.0 billion in 2024 and is expected to reach $21.1 billion by 2030 growing at a CAGR of 7.1% during the forecast period. C-class parts are typically non-critical in terms of safety and structural integrity but are essential for the overall function of an aircraft or defense system. These parts often include standard hardware, fasteners, fittings, and other auxiliary components that do not significantly impact the performance or safety of the primary systems but are necessary for the assembly and operation of the equipment. Unlike A-class or B-class parts, which are critical for safety and structural integrity, C-class parts are less critical, meaning their failure is less likely to compromise safety or performance. These parts are often standardized and manufactured in bulk, making them more readily available and less expensive compared to high-precision or specialized components and to the overall functionality of the system but are not integral to the primary operational systems.
According to the Stockholm International Peace Research Institute (SIPRI) report, global military expenditure risen by approximately 2.6% from 2017 to 2018.
Market Dynamics:
Driver:
Global rise in air travel
As commercial aviation experiences resurgence, driven by increased passenger traffic and the production of new aircraft models such as the B737 MAX and A320neo, the demand for C-class parts is expected to soar. Airlines and defense contractors require more aircraft and equipment, leading to higher consumption of C-class parts such as fasteners, fittings, and standard hardware. This growth stimulates production and innovation within the C-class parts sector, encouraging manufacturers to scale up operations and improve supply chain efficiencies. Additionally, increased air traffic drives the need for more frequent maintenance and parts replacement, further boosting demand for C-class components.
Restraint:
Shortages of C-class parts due to trade disputes, conflicts, and natural disasters
Shortages lead to delays in aircraft assembly, maintenance, and repairs, impacting operational efficiency and increasing costs for airlines and defense contractors. Trade disputes can restrict the flow of essential components, while conflicts and natural disasters can damage manufacturing facilities and supply chains, exacerbating shortages. These disruptions can result in higher prices for C-class parts due to scarcity and increased procurement costs hampering the market growth.
Opportunity:
Development of new weapon systems and technologies
As advanced weaponry and defense technologies are introduced, there is an increased need for a wide range of non-critical components used in their assembly and maintenance. These new systems often require specialized fasteners, fittings, and hardware that fall into the C-class category. This drive for innovation stimulates demand for C-class parts, encouraging manufacturers to develop and supply a broader array of components that meet evolving technological requirements. Additionally, advancements in weapon systems often lead to enhanced quality and performance standards for C-class parts, fostering improvements in material properties and design.
Threat:
Stringent regulations and quality standards
Stringent regulations and quality standards demand high levels of precision and reliability, which can complicate the manufacturing processes for non-critical components such as fasteners and fittings. Compliance with these regulations often requires advanced quality control measures, testing, and documentation, leading to higher production costs. The increased scrutiny and certification requirements can also lead to longer lead times, impacting supply chain efficiency and causing delays in the availability of C-class parts.
Covid-19 Impact:
The COVID-19 pandemic disrupted the Aerospace & Defense C-class parts market by causing supply chain interruptions and delays in manufacturing. Lockdowns and restrictions led to reduced production capacity and shortages of essential materials, affecting the availability of non-critical components. However, the pandemic also accelerated shifts towards more resilient and adaptable supply chains. As the industry recovers, there is increased focus on improving inventory management and diversifying suppliers to mitigate future disruptions.
The fasteners segment is expected to be the largest during the forecast period
The fasteners is expected to be the largest during the forecast period owing to the high consumption of fasteners, including rivets, bolts, screws, washers, nuts, seals, and rings, which are used as essential components in the assembly of aircraft parts. Moreover as aerospace and defense applications often require high standards for reliability and safety, advancements in fasteners can drive the demand for C-class parts.
The interiors segment is expected to have the highest CAGR during the forecast period
The interiors segment is expected to have the highest CAGR during the forecast period because cabin interiors are structurally less demanding than aerostructure, however, they have stringent mechanical requirements. The segment exhibits substantial demand for a wide range of components including lighting, seating, galley, chilling system, oxygen system, drinking water system, vacuum waste system, and cargo equipment.
Region with largest share:
North America is projected to hold the largest market share during the forecast period attributed to the well-established aircraft manufacturing industry in the region, which caters to around one-third operational fleet across the globe. Moreover, the region benefits from advanced manufacturing technologies and a well-established supply chain, supporting the production of high-quality C-class components. Innovations and improvements in manufacturing processes also contribute to market growth.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period due to increasing military expenditure in India, China, and Japan, are expected to drive the demand for military aircraft, thereby driving the market growth in the Asia Pacific. In addition, huge growth in passenger traffic owing to increasing per capita income and growing population is expected to aid the market growth.
Key players in the market
Some of the key players in Aerospace & Defense C-class Parts market include Amphenol Corp., Arconic, Inc., Boeing, Eaton Corp., Embraer, LiSi Aerospace, LMI Aerospace, Inc., National Aerospace Fasteners Corp., NTN Corp, Precision Castparts Corp, RCB Bearings, Inc., Safran SA, Satcom Direct, Stanley Black & Decker Inc, TE Connectivity. Textron Aviation Inc., Trimas Corp. And Triumph Group
Key Developments:
In August 2024, Poland Signs LOA for 96 Boeing AH-64E Apache Helicopters. The AH-64E Apache helicopters will strengthen Poland’s operational capability and interoperability with the U.S., NATO and allied nations. We look forward to delivering this unmatched capability.
In August 2024, Boeing, U.S. Air Force Definitize Contract for Two Rapid Prototype E-7A Airborne Early Warning and Control (AEW&C) Aircraft. The combat-proven E-7A Wedgetail provides targeted tracking and battle management command-and-control capabilities to joint forces for “first to detect, first to engage” advantage.
In August 2024, Eaton's ReLaunch Program Enabling Women To Restart Their Careers. This program is thoughtfully designed to provide a platform for women who are looking to bridge the gap between career breaks and the current job market. It offers full-time job opportunities across various domains within Eaton
Products Covered:
• Fasteners
• Hardware
• Electrical Components
• Seals & Gaskets
• Bearings
• Miscellaneous Components
• Other Products
Materials Covered:
• Metals
• Composites
• Polymers
• Other Materials
Applications Covered:
• Airframe
• Interiors
• Engines
• Systems
• Other Applications
End Users Covered:
• Commercial Aerospace
• Military Aerospace
• Space Exploration
• Defense
• Aftermarket
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Aerospace & Defense C-class Parts Market, By Product
5.1 Introduction
5.2 Fasteners
5.2.1 Bolts & Nuts
5.2.2 Screws, Washers & Rivets
5.3 Hardware
5.3.1 Clamps & Brackets
5.3.2 Fittings & Hoses
5.4 Electrical Components
5.4.1 Connectors
5.4.2 Switches & Relays
5.5 Seals & Gaskets
5.6 Bearings
5.7 Miscellaneous Components
5.8 Other Products
6 Global Aerospace & Defense C-class Parts Market, By Material
6.1 Introduction
6.2 Metals
6.3 Composites
6.4 Polymers
6.5 Other Materials
7 Global Aerospace & Defense C-class Parts Market, By Application
7.1 Introduction
7.2 Airframe
7.3 Interiors
7.4 Engines
7.5 Systems
7.6 Other Applications
8 Global Aerospace & Defense C-class Parts Market, By End User
8.1 Introduction
8.2 Commercial Aerospace
8.3 Military Aerospace
8.4 Space Exploration
8.5 Defense
8.6 Aftermarket
8.7 Other End Users
9 Global Aerospace & Defense C-class Parts Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Amphenol Corp.
11.2 Arconic, Inc.
11.3 Boeing
11.4 Eaton Corp.
11.5 Embraer
11.6 LiSi Aerospace
11.7 LMI Aerospace, Inc.
11.8 National Aerospace Fasteners Corp.
11.9 NTN Corp
11.10 Precision Castparts Corp
11.11 RCB Bearings, Inc.
11.12 Safran SA
11.13 Satcom Direct
11.14 Stanley Black & Decker Inc
11.15 TE Connectivity
11.16 Textron Aviation Inc.,
11.17 Trimas Corp.
11.18 Triumph Group
List of Tables
1 Global Aerospace & Defense C-class Parts Market Outlook, By Region (2022-2030) ($MN)
2 Global Aerospace & Defense C-class Parts Market Outlook, By Product (2022-2030) ($MN)
3 Global Aerospace & Defense C-class Parts Market Outlook, By Fasteners (2022-2030) ($MN)
4 Global Aerospace & Defense C-class Parts Market Outlook, By Bolts & Nuts (2022-2030) ($MN)
5 Global Aerospace & Defense C-class Parts Market Outlook, By Screws, Washers & Rivets (2022-2030) ($MN)
6 Global Aerospace & Defense C-class Parts Market Outlook, By Hardware (2022-2030) ($MN)
7 Global Aerospace & Defense C-class Parts Market Outlook, By Clamps & Brackets (2022-2030) ($MN)
8 Global Aerospace & Defense C-class Parts Market Outlook, By Fittings & Hoses (2022-2030) ($MN)
9 Global Aerospace & Defense C-class Parts Market Outlook, By Electrical Components (2022-2030) ($MN)
10 Global Aerospace & Defense C-class Parts Market Outlook, By Connectors (2022-2030) ($MN)
11 Global Aerospace & Defense C-class Parts Market Outlook, By Switches & Relays (2022-2030) ($MN)
12 Global Aerospace & Defense C-class Parts Market Outlook, By Seals & Gaskets (2022-2030) ($MN)
13 Global Aerospace & Defense C-class Parts Market Outlook, By Bearings (2022-2030) ($MN)
14 Global Aerospace & Defense C-class Parts Market Outlook, By Miscellaneous Components (2022-2030) ($MN)
15 Global Aerospace & Defense C-class Parts Market Outlook, By Other Products (2022-2030) ($MN)
16 Global Aerospace & Defense C-class Parts Market Outlook, By Material (2022-2030) ($MN)
17 Global Aerospace & Defense C-class Parts Market Outlook, By Metals (2022-2030) ($MN)
18 Global Aerospace & Defense C-class Parts Market Outlook, By Composites (2022-2030) ($MN)
19 Global Aerospace & Defense C-class Parts Market Outlook, By Polymers (2022-2030) ($MN)
20 Global Aerospace & Defense C-class Parts Market Outlook, By Other Materials (2022-2030) ($MN)
21 Global Aerospace & Defense C-class Parts Market Outlook, By Application (2022-2030) ($MN)
22 Global Aerospace & Defense C-class Parts Market Outlook, By Airframe (2022-2030) ($MN)
23 Global Aerospace & Defense C-class Parts Market Outlook, By Interiors (2022-2030) ($MN)
24 Global Aerospace & Defense C-class Parts Market Outlook, By Engines (2022-2030) ($MN)
25 Global Aerospace & Defense C-class Parts Market Outlook, By Systems (2022-2030) ($MN)
26 Global Aerospace & Defense C-class Parts Market Outlook, By Other Applications (2022-2030) ($MN)
27 Global Aerospace & Defense C-class Parts Market Outlook, By End User (2022-2030) ($MN)
28 Global Aerospace & Defense C-class Parts Market Outlook, By Commercial Aerospace (2022-2030) ($MN)
29 Global Aerospace & Defense C-class Parts Market Outlook, By Military Aerospace (2022-2030) ($MN)
30 Global Aerospace & Defense C-class Parts Market Outlook, By Space Exploration (2022-2030) ($MN)
31 Global Aerospace & Defense C-class Parts Market Outlook, By Defense (2022-2030) ($MN)
32 Global Aerospace & Defense C-class Parts Market Outlook, By Aftermarket (2022-2030) ($MN)
33 Global Aerospace & Defense C-class Parts Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
