Aerospace Aftermarket Market Size | Trends & Market Dynamics & Forecast 2030

Q: What is the overall size of the aerospace aftermarket?

The aerospace aftermarket is projected to surpass USD 130.4 billion by 2031.

Q: What is driving investment in the aerospace aftermarket?

Airlines and operators are investing to ensure aircraft airworthiness, enhance operational efficiency, and reduce unplanned downtime through predictive and condition-based maintenance.

Q: How are digital technologies transforming the aerospace aftermarket?

Technologies like digital twins, IoT sensors, and blockchain are streamlining MRO operations, improving parts tracking, and enabling data-driven maintenance decisions.

Q: Which segments dominate the aerospace aftermarket?

Engine maintenance, airframe modifications, component replacements, and line maintenance are key segments with significant revenue contributions.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA4379

Publication Date: Jun 2025

What is the Aerospace Aftermarket Market Size?

According to 6Wresearch internal database and industry insights, the aerospace aftermarket market was valued at approximately USD 83.7 billion in 2024 and is projected to reach over USD 130.4 billion by 2031. The market is registering a healthy CAGR of 6.5% during the forecast period.

The primary aspects driving this growth are rising air travel, the expanding global fleet of military and commercial aircraft, and the rising demand for aircraft maintenance, repair, and overhaul (MRO) services. Additionally, advancements in digital twin technologies, predictive maintenance, and IoT integration are transforming the aftermarket landscape by enabling prompt and reasonably priced servicing.

Key Growth Factors of the Aerospace Aftermarket Market

Major airlines are growing their fleets and boosting air travel.
Strict rules require regular inspections and component replacements
An increasing focus on fuel efficiency and sustainability is driving renovations and improvements.
The use of connected aircraft technologies and predictive maintenance is growing.
Emergence of online marketplaces and digital supply chains for the distribution of replacement parts

Aerospace Aftermarket Market Trends

Trends in the aerospace aftermarket highlight a shift towards digital MRO platforms that use big data and AI for condition-based maintenance. Airlines and MRO providers are leveraging digital twins for real-time aircraft monitoring, which reduces downtime and improves safety compliance. The market is also witnessing growth in the use of additive manufacturing (3D printing) for producing lightweight, certified spare parts, leading to faster turnaround times and inventory cost savings.

Emerging Developments in the Aerospace Aftermarket

The industry is embracing advanced predictive analytics and blockchain to improve parts traceability and maintenance record accuracy. Strategic partnerships between OEMs, MRO providers, and airlines are forming integrated service networks offering end-to-end aftermarket solutions. Sustainability initiatives, including greener maintenance practices and recycling of retired aircraft components, are gaining momentum as operators aim to meet emission reduction goals.