Product Code: ETC240744 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India Aircraft Aftermarket Parts Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 12.16% in 2025, climbs to a high of 13.08% in 2027, and moderates to 12.42% by 2029.
The India aircraft aftermarket parts market includes various components and spare parts used for aircraft maintenance, repair, and overhaul (MRO) operations. Aftermarket parts ensure the continued airworthiness and reliability of aircraft. The market`s growth is driven by factors such as the increasing demand for MRO services, the expansion of the commercial aviation sector, and the focus on enhancing aircraft safety and performance. The rise of the domestic aviation market and the growing fleet of commercial and business aircraft further boost the demand for aircraft aftermarket parts in India.
The India aircraft aftermarket parts market is influenced by several drivers. Firstly, the growth of the aviation industry and the increasing number of aircraft in service drive the demand for aftermarket parts and components. Aircraft operators and maintenance providers require a steady supply of spare parts to support aircraft maintenance and repair activities. Secondly, the focus on reducing aircraft downtime and enhancing operational efficiency leads to the demand for high-quality aftermarket parts and services. The presence of established aerospace maintenance, repair, and overhaul (MRO) facilities further contributes to the demand for aftermarket parts. Moreover, the trend towards predictive maintenance and condition-based monitoring drives the market for advanced aftermarket parts and support services.
The India Aircraft Aftermarket Parts market faces several challenges. Firstly, the availability of genuine and certified aftermarket parts is crucial for the safe and efficient operation of aircraft. Ensuring the authenticity and quality of aftermarket components is a challenge, especially in the face of counterfeit products and unauthorized suppliers. Secondly, aircraft operators must adhere to strict maintenance regulations and airworthiness standards, which demand reliable and traceable aftermarket parts. Meeting these compliance requirements and maintaining a robust supply chain for aftermarket parts pose challenges for suppliers and operators alike. Additionally, the competitive landscape of the global aviation aftermarket market can pose challenges for India suppliers to gain a significant market share. Building a strong reputation for quality, customer support, and timely delivery is vital for success in the India Aircraft Aftermarket Parts market.
The India aircraft aftermarket parts market faced challenges during the pandemic as the aviation industry witnessed a slowdown. With reduced aircraft maintenance and operations, the market experienced a temporary decline. However, the market showed resilience with the increasing demand for aftermarket parts and services.
Key players in the India aircraft aftermarket parts market include Bharat Electronics Limited (BEL), Tata Advanced Systems Limited (TASL), and Honeywell Aerospace India Pvt. Ltd. These companies specialize in supplying aftermarket parts, including avionics, electronics, and components, for commercial and military aircraft. Their focus on product authenticity, regulatory compliance, and customer support has made them key players in the India aircraft aftermarket parts market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Aircraft Aftermarket Parts Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Aircraft Aftermarket Parts Market Revenues & Volume, 2021 & 2031F |
3.3 India Aircraft Aftermarket Parts Market - Industry Life Cycle |
3.4 India Aircraft Aftermarket Parts Market - Porter's Five Forces |
3.5 India Aircraft Aftermarket Parts Market Revenues & Volume Share, By Parts Type, 2021 & 2031F |
3.6 India Aircraft Aftermarket Parts Market Revenues & Volume Share, By Component Type, 2021 & 2031F |
3.7 India Aircraft Aftermarket Parts Market Revenues & Volume Share, By Aircraft Type, 2021 & 2031F |
4 India Aircraft Aftermarket Parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Aircraft Aftermarket Parts Market Trends |
6 India Aircraft Aftermarket Parts Market, By Types |
6.1 India Aircraft Aftermarket Parts Market, By Parts Type |
6.1.1 Overview and Analysis |
6.1.2 India Aircraft Aftermarket Parts Market Revenues & Volume, By Parts Type, 2021-2031F |
6.1.3 India Aircraft Aftermarket Parts Market Revenues & Volume, By MRO Parts, 2021-2031F |
6.1.4 India Aircraft Aftermarket Parts Market Revenues & Volume, By Rotable Replacement Parts, 2021-2031F |
6.2 India Aircraft Aftermarket Parts Market, By Component Type |
6.2.1 Overview and Analysis |
6.2.2 India Aircraft Aftermarket Parts Market Revenues & Volume, By Engine, 2021-2031F |
6.2.3 India Aircraft Aftermarket Parts Market Revenues & Volume, By Airframe, 2021-2031F |
6.2.4 India Aircraft Aftermarket Parts Market Revenues & Volume, By Interior, 2021-2031F |
6.2.5 India Aircraft Aftermarket Parts Market Revenues & Volume, By Cockpit Systems, 2021-2031F |
6.2.6 India Aircraft Aftermarket Parts Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Aircraft Aftermarket Parts Market, By Aircraft Type |
6.3.1 Overview and Analysis |
6.3.2 India Aircraft Aftermarket Parts Market Revenues & Volume, By Narrow-body, 2021-2031F |
6.3.3 India Aircraft Aftermarket Parts Market Revenues & Volume, By Wide-body, 2021-2031F |
6.3.4 India Aircraft Aftermarket Parts Market Revenues & Volume, By Regional Aircraft, 2021-2031F |
7 India Aircraft Aftermarket Parts Market Import-Export Trade Statistics |
7.1 India Aircraft Aftermarket Parts Market Export to Major Countries |
7.2 India Aircraft Aftermarket Parts Market Imports from Major Countries |
8 India Aircraft Aftermarket Parts Market Key Performance Indicators |
9 India Aircraft Aftermarket Parts Market - Opportunity Assessment |
9.1 India Aircraft Aftermarket Parts Market Opportunity Assessment, By Parts Type, 2021 & 2031F |
9.2 India Aircraft Aftermarket Parts Market Opportunity Assessment, By Component Type, 2021 & 2031F |
9.3 India Aircraft Aftermarket Parts Market Opportunity Assessment, By Aircraft Type, 2021 & 2031F |
10 India Aircraft Aftermarket Parts Market - Competitive Landscape |
10.1 India Aircraft Aftermarket Parts Market Revenue Share, By Companies, 2024 |
10.2 India Aircraft Aftermarket Parts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |