Gitnux/Report 2026

Aerospace Parts Manufacturing Industry Statistics

The global aerospace parts manufacturing market is estimated at $1,042.8 billion in 2026, explore the figures behind growth, companies and trends.
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Aerospace Parts Manufacturing Industry Statistics
Samuel NorbergWritten by Samuel Norberg·Fact-checked by Maya Johansson
Published
How this report is researched
01Editorial Scope

An editor sets the topic, the inclusion criteria, and the evaluation framework before research starts.

02Source Research

AI search agents locate sources and extract each figure together with the document it came from.

Read our full methodology →

Search agents attach provenance to every extracted figure.

Next review: within 31 days

01 Industry overview

The aerospace parts manufacturing industry at a glance

The global aerospace parts manufacturing market is estimated at $1,042.8 billion in 2026, with demand supported by record aircraft backlogs, defense spending and fleet replacement, despite supply-chain and labor constraints.

$1,042.8B[49]
Global market size, 2026
5.4%[49]
Forecast CAGR, 2026–2033
8,754[12]
Airbus aircraft backlog, 2025
$214.1B[50]
U.S. industry output, 2025
Market size
The global aerospace parts manufacturing market was valued at $1,003.0 billion in 2025 and is estimated at $1,042.8 billion in 2026. In the United States, aerospace product and parts manufacturing output reached $214.1 billion in 2025, according to the latest annual sectoral-output data.[49][50]
Forecast & CAGR
Global market revenue is projected to reach $1,426.9 billion by 2033, representing a 5.4% CAGR from 2026 to 2033. Asia-Pacific is identified as the fastest-growing regional market over the forecast period.[49]
Market share & regions
North America accounted for 47.9% of global aerospace parts manufacturing revenue in 2025, making it the largest regional market. The United States held the largest country share, while Asia-Pacific is forecast to grow fastest through 2033.[49]
Segmentation
Aerostructures represented 50.5% of global revenue in 2025, the largest product segment, while commercial applications accounted for 52.1% of revenue. The market is also segmented into engines, avionics, insulation components, equipment, systems and support, and into commercial, business and military end uses.[49]
Key players & concentration
Major profiled suppliers include Rolls-Royce, Safran, GE Aerospace, Pratt & Whitney, Honeywell, MTU Aero Engines, Spirit AeroSystems, Liebherr, Parker-Hannifin and Thales. A comparable global concentration ratio was not identified, but high certification, technical and customer-qualification barriers support a concentrated upper tier alongside a broad supplier base.[49][51]
Pricing
Publicly available industry pricing data are limited, but aerospace and defense M&A valuations indicate premium pricing for certified, mission-critical assets: the LTM median valuation in the sector was 18.49 times EBITDA and 3.97 times revenue in the third quarter of 2026. These are transaction valuation multiples rather than component selling prices.[52]
Trends, drivers & challenges
Demand is being driven by fleet replacement, passenger-aircraft production, defense procurement and aftermarket requirements; Airbus ended 2025 with a record backlog of 8,754 commercial aircraft. Capacity expansion remains constrained by supply-chain disruption, skilled-labor shortages, certification requirements and quality issues, while U.S. aerospace and defense companies invested $45 billion in capital expenditures in 2025.[12][3][53]
Consumer behavior & competition
The principal buyers are aircraft and engine OEMs, airlines, defense agencies and maintenance, repair and overhaul providers rather than household consumers. Commercial-aircraft demand remained strong in 2025: Airbus received 1,000 gross commercial-aircraft orders and delivered 793 aircraft, while Boeing reported that single-aisle and wide-body demand remained above current industry supply levels.[12][18]
M&A
M&A activity remained active in aerospace, defense and government contracting, with 17 transactions closing in the third quarter of 2026 and 140 deals on a last-twelve-month basis; strategic buyers represented 85% of LTM activity. Boeing completed its $4.7 billion stock acquisition of Spirit AeroSystems on December 8, 2025, bringing major structures and aftermarket operations under Boeing ownership.[52][18]
Regulation
In the United States, manufacturers generally require FAA production approval, including a production certificate, Parts Manufacturer Approval or Technical Standard Order Authorization. FAA Order 8120.22B, issued September 25, 2025, provides procedures for evaluating these approvals under 14 CFR Part 21 and incorporates safety-management-system requirements under Part 5.[51]
Latest news
The latest major sector news identified was GE Aerospace’s announced $11.75 billion acquisition of Consolidated Precision Products in September 2026, subject to regulatory approval and expected to close in the second half of 2027. The transaction would expand GE’s position in specialized aerospace and defense component manufacturing.[54]

02 Ranking

Top 10 Companies in the Aerospace Parts Manufacturing Industry

The leading companies in the aerospace parts manufacturing industry, ranked on market impact, performance, momentum, innovation and brand popularity.

Updated November 11, 2026 · Next review December 11, 2026

Verdict

GE Aerospace stands out for aircraft engines and propulsion components because it designs and manufactures aircraft engines, components and propulsion systems, while Honeywell Aerospace leads in aircraft systems and propulsion since it supplies propulsion, cockpit, navigation and auxiliary power systems.

Ranked by Overall score · How we score ↓

Editor's top 3 picks

Where to start, by need.

  1. #1 Overall · Leader in engine propulsion parts

    GE Aerospace

    US

    Ranked #1 · 9.3 · Engine propulsion parts

    Why we picked it: It designs and manufactures aircraft engines, components and propulsion systems backed by an 18% revenue growth and a 21.8% operating margin.

    See in ranking ↓Visit geaerospace.com ↗

  2. Leader in aircraft systems & avionics

    Honeywell Aerospace

    US

    Ranked #2 · 9.1 · Aircraft systems & avionics

    Why we picked it: It supplies propulsion, cockpit, navigation and auxiliary power systems supported by a 13% revenue growth and a 24.5% operating margin.

    See in ranking ↓Visit honeywellaerospace.com ↗

  3. Leader in aerostructures

    Boeing

    US

    Ranked #5 · 8.9 · Aerostructures

    Why we picked it: It makes aircraft structures and integrated aerospace manufacturing through its December 8, 2025 Spirit AeroSystems acquisition of a major structures supplier.

    See in ranking ↓Visit boeing.com ↗

Pick 1 is the #1 company overall. Picks 2 and 3 are the highest-ranked companies in the top 5 that add a new segment.

Full ranking

Sort by
Top 10 companies in the aerospace parts manufacturing industry, 2026 – Gitnux ranking
#CompanyOverall ↓Company snapshot
1

GE Aerospace

Engine propulsion parts · US

9.3
2

Honeywell Aerospace

Aircraft systems & avionics · US

9.1
3

RTX

Engine propulsion parts · US

9.0
4

Rolls-Royce

Engine propulsion parts · GB

8.9
5

Boeing

Aerostructures · US

8.9
6

Howmet Aerospace

Aero-engine components and aerospace structures · US

8.8
7

TransDigm

Proprietary aircraft components and systems · US

8.7
8

Parker Hannifin

Aircraft hydraulics, fuel and motion systems · US

8.5
9

GKN Aerospace

Aircraft structures and engine components · GB

8.4
10

Moog

Flight controls and aircraft actuation systems · US

8.1

How we score

  • Impact (30%): scale and weight in the market (revenue, market share, employees, market position).
  • Performance (20%): recent revenue growth and operating margin; an analyst assessment where a company does not publish them.
  • Momentum (20%): growth trajectory and future potential.
  • Innovation (15%): R&D intensity and how technologically advanced the company is.

Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.

Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.

Cadence Recalculated when new figures are published; next review December 11, 2026.

Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.

Cite this ranking

APA

Samuel Norberg. (2026, November 11). Top 10 companies in the aerospace parts manufacturing industry. In Aerospace Parts Manufacturing Industry Statistics. Gitnux. https://gitnux.org/aerospace-parts-manufacturing-industry-statistics/#top-companies

report visual · Projection

U.S. aerospace product and parts manufacturing shipments

U.S. aerospace product and parts manufacturing shipments grew from $186.7B in 2020 to $247.0B in 2024.

$186.7B
Start
+7.25%
CAGR · 4y
$247B
Projected
20202024
source-verifiedfred.stlouisfed.org2024

04 Statistics

Technology & Innovation

Technology adoption data shows a split between use-cases: 14.19% used AI for manufacturing in 2025, while 32.26% used AI for design work. Automation coverage also varies widely, with 15.63% reporting no automated business processes in 2025.

AI in the aerospace parts manufacturing industry

  • 14.19% of aerospace manufacturing survey respondents used AI for manufacturing in 2025, according to a Royal Aeronautical Society–Protolabs survey.[1]
  • 32.26% of aerospace manufacturing survey respondents used AI for design work in 2025, according to a Royal Aeronautical Society–Protolabs survey.[1]
  • 86% of defense aerospace organizations recognized the need to integrate AI and generative AI into engineering and product development in 2025.[2]
  • 54.19% of aerospace manufacturing survey respondents used AI for administrative duties in 2025, according to a Royal Aeronautical Society–Protolabs survey.[1]
  • 15.48% of aerospace manufacturing survey respondents used AI for certification in 2025, according to a Royal Aeronautical Society–Protolabs survey.[1]

Automation in the aerospace parts manufacturing industry

  • 15.63% of aerospace manufacturing survey respondents said none of their business processes were automated in 2025.[1]
  • 50% of aerospace manufacturing survey respondents reported using robotic manufacturing in 2025.[1]
  • 1.88% of aerospace manufacturing survey respondents said all their manufacturing processes used automation in 2025.[1]
  • $8.4 billion was spent by the U.S. aerospace industry on production-enhancing equipment, including CNC machines and robotics, in 2023.[3]

Digital Transformation in the aerospace and defense sector (sector benchmark)

  • 60–70% of European aerospace and defense executives expect digital transformation to have a high or very high impact by 2028, while only 20–30% report advanced digital maturity today.[4]
  • 83% of global aerospace and defense organizations agree that digital continuity is a key enabler of strategic business transformation, according to a 2025 survey.[2]
  • 82% of global aerospace and defense organizations say digital-continuity investments help maintain a competitive edge, according to a 2025 survey.[2]
  • 30% of global aerospace and defense organizations had already reduced time to market through digital continuity, with an average 13% reduction, in 2025.[2]
  • 22% of global aerospace and defense companies reported having clean, structured data in a central repository ready for analysis in McKinsey’s digital-maturity study.[5]

Technology Adoption in the aerospace and defense sector (sector benchmark)

  • 61% of aerospace and defense manufacturers reported adopting AI automation, the highest share among sectors surveyed in 2024.[6]
  • 30% of U.S. defense companies reported incorporating no AI into their defense products or services in the 2026 survey.[7]
  • 27% of aerospace and defense manufacturers reported adopting AI-powered industrial IoT in 2024.[6]
  • 31% of aerospace and defense manufacturers reported adopting generative AI in 2024.[6]
  • 41% of aerospace and defense manufacturers reported adopting predictive AI in 2024.[6]

Cloud Computing in the aerospace and defense sector (sector benchmark)

  • 44% of aerospace and defense companies had completed regulatory-compliance planning for cloud adoption, while 52% remained in the planning stage.[8]
  • 38% of aerospace and defense companies had mature cloud practices and tools in place in Accenture’s survey.[8]
  • 52% of European defense-industry executives ranked cloud computing among their top three technologies for augmenting production ramp-up in 2025.[2]
  • 60% of aerospace and defense companies expected better security from cloud adoption in Accenture’s survey.[8]
  • 20% of European defense-industry executives used cloud computing extensively across more than half of processes and activities in 2025.[2]

Big Data in the aerospace and defense sector (sector benchmark)

  • 29% of European defense-industry executives used data and analytics extensively across more than half of processes and activities in 2025.[2]
  • 29% of aerospace and defense leaders said their enterprise data was standardized, governed and accessible in the 2026 digital-thread study.[9]
  • 62% of European defense-industry executives ranked data and analytics among their top three technologies for augmenting production ramp-up in 2025.[2]
  • 15% of aerospace and defense companies used digital and analytics for procurement at scale in McKinsey’s study.[10]
  • 28% of aerospace and defense companies reported having a data-use vision or strategy aligned with business objectives in McKinsey’s study.[5]

IoT in the aerospace and defense sector (sector benchmark)

  • 55% of industrial organizations used both satellite and terrestrial connectivity for IoT deployments in 2025.[11]

05 Statistics

Data & Analytics

Data governance readiness remains uneven: 29% of aerospace and defense leaders said enterprise data was standardized, governed and accessible in 2026, implying 71% lacked that level of readiness.

Data analytics in the aerospace parts manufacturing industry

  • 5,300 Airbus employees were active in digital communities of practice in 2024.[12]
  • 90% of Airbus digital profiles had access to specific career-path frameworks covering roles including data analysts and scientists in 2024.[12]
  • 11,800 commercial aircraft were supported by Airbus Skywise for operations and maintenance in 2024.[12]
  • 270 Airbus employees earned certifications in data analytics, data science, cloud, IT infrastructure, SAP and digital architecture in 2024.[12]

Data Quality in the aerospace and defense sector (sector benchmark)

  • 68% of aerospace respondents rated data and technology adoption as a priority in 2025, compared with 61% across the overall manufacturing sample.[13]
  • 32% of manufacturing leaders globally identified data-quality issues as a barrier to digital-twin adoption in 2025; aerospace respondents were included in the sector analysis.[13]
  • 29% of aerospace and defense leaders said their enterprise data was standardized, governed and accessible in 2026, indicating that 71% lacked this level of data readiness.[14]
  • 61% of manufacturing leaders globally said poor data quality limits their ability to adopt and optimize emerging technologies in 2025; aerospace respondents were included in the sector analysis.[13]

Data Governance in the aerospace and defense sector (sector benchmark)

  • 42% of defense-organization respondents identified data governance and policies for sharing with external partners as a barrier to AI implementation in 2021.[15]
  • 48% of security and defense firms said they tagged and classified more than three-quarters of their unstructured data in 2024.[16]
  • 55% of security and defense firms used advanced security capabilities, including governance tracking and control, for internal sensitive-content communications in 2024.[16]
  • 38% of defense contractors pursuing CMMC 2.0 Level 2 had comprehensive governance control and tracking systems in 2025, while 62% lacked them.[16]

KPIs in the aerospace parts manufacturing industry

  • 66% of Ducommun Aerospace and Advanced Technologies sales came from OEM customers in 2025.[17]
  • 5.0% of Ducommun Aerospace and Advanced Technologies’ 2025 cost increase was offset by productivity gains of $29.0 million.[17]
  • $262.5 million was Ducommun Aerospace and Advanced Technologies’ operating profit in 2025.[17]
  • $1.0489 billion was Ducommun Aerospace and Advanced Technologies’ 2025 sales.[17]

06 Statistics

Strategy & Growth

Growth plans are paired with capacity and customer focus. Howmet Aerospace reported $7.4 billion revenue in 2024 and around 52% of 2024 revenue came from commercial-aerospace products.

Growth in the aerospace parts manufacturing industry

  • 20% was Howmet Aerospace’s 2024 year-over-year growth in commercial-aerospace revenue.[18]
  • 18.2% was TriMas Aerospace and Electronics’ sales growth in 2024, reaching $932.7 million.[18]
  • $863.8 million was TriMas Aerospace and Electronics’ backlog at the end of 2024, up from $700.9 million in 2023.[18]
  • $7.4 billion was Howmet Aerospace’s 2024 revenue, up 12% from 2023.[18]

Differentiation in the aerospace parts manufacturing industry

  • TriMas Aerospace competed primarily on technology, quality and service in specialized fastener applications in 2024.[18]
  • Approximately 52% of Howmet Aerospace’s 2024 revenue came from commercial-aerospace products.[18]
  • Approximately 1,170 granted and pending patents supported Howmet Aerospace’s differentiated aerospace and transportation technologies in 2024.[19]

Mergers and acquisitions in the aerospace parts manufacturing industry

  • 54.9% of aerospace, defense and space M&A deals in 2024 involved strategic investors.[20]
  • $1.8 billion was Arcline Investment Management’s 2024 transaction to take aerospace-parts maker Kaman private.[21]
  • $4.7 billion was the equity value of Boeing’s announced 2024 acquisition of Spirit AeroSystems, with an $8.3 billion enterprise value.[21]
  • $3.6 billion was Apollo Global Management’s 2024 leveraged buyout of Barnes Group to expand aerospace-component manufacturing and precision engineering.[21]

Strategic partnerships in the aerospace parts manufacturing industry

  • TriMas Aerospace worked directly with aircraft manufacturers to develop and test new products and improve existing products in 2024.[18]
  • 95 aerospace companies participated in the 2026 global aerospace supply-chain survey conducted with ADS, GIFAS and BDLI.[22]
  • TriMas Aerospace’s primary customer network in 2024 included OEMs, distributors, Tier One suppliers and the U.S. government.[18]
  • Around one-third of companies in the 2026 global aerospace supply-chain survey operated at EBIT margins below 5%.[22]

07 Statistics

People & Workforce

Workforce expansion outpaces constraints: 26,000 jobs were added in U.S. aerospace product and parts manufacturing between July 2025 and July 2026. Employers also rely on internships, with 91% of aerospace and defense organizations operating internship programs in 2025.

Hiring in the aerospace parts manufacturing industry

  • 26,000 jobs were added in U.S. aerospace product and parts manufacturing between July 2025 and July 2026.[23]
  • 61% of aerospace and defense organizations sponsored STEM fairs or engineering competitions in 2025.[3]
  • 52% of aerospace and defense organizations used career fairs at trade schools in 2025.[3]
  • 85% of aerospace and defense organizations used internships as a talent-attraction activity in 2025.[3]
  • 85% of aerospace and defense organizations used career fairs or university recruiting in 2025.[3]

Remote Work in the aerospace and defense sector (sector benchmark)

  • Across U.S. Department of Defense civilian positions, approximately 65% to 68% were eligible for telework or remote work during the period reviewed through February 2025.[24]
  • Across U.S. Department of Defense civilian employees, 11.25% of recorded work hours were routine telework in calendar year 2024.[24]
  • Across U.S. Department of Defense civilian employees, 6% of recorded work hours were situational telework in calendar year 2024.[24]
  • Across U.S. Department of Defense civilian employees, 1.43% of recorded work hours were remote in calendar year 2024.[24]

Hybrid Work in the aerospace and defense sector (sector benchmark)

  • Across U.S. workers, 39% worked from home at least some of the time during the week before the Federal Reserve’s 2025 survey.[25]
  • Across U.S. Department of Defense civilian employees, 81.32% of recorded work hours were in-person in calendar year 2024, indicating limited hybrid-work utilization overall.[24]
  • Among U.S. remote-capable employees, 33% preferred exclusively remote work in November 2025.[26]
  • Among U.S. remote-capable employees, 61% preferred hybrid work in November 2025.[26]

Upskilling in the aerospace parts manufacturing industry

  • 91% of aerospace and defense organizations operated internship programs in 2025.[3]
  • 47% of aerospace and defense organizations operated apprenticeship programs in 2025.[3]
  • 31% of aerospace and defense organizations identified upskilling opportunities as an employee-value proposition in 2025.[3]
  • 59% of aerospace and defense organizations operated management leadership training programs in 2025.[3]

Employee Engagement in the aerospace and defense sector (sector benchmark)

  • Across 25 aerospace and defense organizations, 44% reported better employee engagement scores in 2024 than during the prior year.[3]
  • Across 25 aerospace and defense organizations, 8% reported worse employee engagement scores in 2024 than during the prior year.[3]
  • Across 25 aerospace and defense organizations, 32% reported no change in employee engagement scores in 2024.[3]
  • Among NASA civil servants, the 2024 Employee Engagement Index was 84.4% positive across the U.S. space agency workforce.[27]
  • Across 25 aerospace and defense organizations, 16% did not measure employee engagement in 2024.[3]

DEI in the aerospace parts manufacturing industry

  • 69.8% of U.S. aircraft and parts manufacturing workers held a bachelor’s degree, graduate degree, or high-school-equivalent qualification in 2024.[28]
  • 66.6% of the U.S. aircraft and parts manufacturing workforce was White in 2024, representing 572,294 workers.[28]
  • Female workers in U.S. aircraft and parts manufacturing earned an average $94,970 in 2024, compared with $111,489 for male workers.[28]
  • 21% of Airbus employees were women in the company’s latest reported workforce data.[12]
  • 23.3% of the U.S. aircraft and parts manufacturing workforce were women in 2024.[28]

Change Management in the aerospace and defense sector (sector benchmark)

  • Across aerospace companies surveyed in Germany, 93% said executives must be open to change and act as change role models in 2019.[29]
  • Across aviation and aerospace companies, more than 90% failed to achieve all transformation goals in the 2025 Change Management Compass study.[30]
  • Across aerospace companies surveyed in Germany, 73% said employees must be open to change and support it in 2019.[29]

08 Statistics

Customer & Sales

Customer experience in the aerospace parts manufacturing industry

  • 45% of civil aerospace organizations said their supply chain was adaptable to rapidly changing customer demands in 2025.[2]
  • 54.66% of aerospace manufacturing survey respondents ranked speed as a key factor in designing and manufacturing parts in 2025.[1]
  • 84.47% of aerospace manufacturing survey respondents ranked quality as a key factor in designing and manufacturing parts in 2025.[1]
  • 65% of defense aerospace organizations said their supply chain was adaptable to rapidly changing customer demands in 2025.[2]

09 Statistics

Marketing & Brand

B2B marketing is dominated by customer-level relevance and credibility. AerSale reported 67% of 2025 revenue from its 100 largest customers and 1,000+ customers worldwide buying aftermarket products and services in 2025.

Marketing in the aerospace parts manufacturing industry

  • 35 sales professionals marketed and sold aerospace flight-equipment products and services globally in 2025 at AerSale.[18]
  • 67% of revenue from AerSale’s 100 largest customers in 2025 came from customers using more than one service offering.[18]
  • 46% of AerSale’s 2025 revenue came from customers outside the United States.[18]
  • More than 1,000 customers worldwide bought aerospace aftermarket products and services from AerSale in 2025.[18]

Influencer Marketing in the aerospace and defense sector (sector benchmark)

  • 49% of B2B marketing leaders across six countries cited industry relevance as a criterion for selecting creators in 2025.[31]
  • 28% of B2B marketing leaders across six countries ranked thought leaders or industry analysts as the most effective influencer type in 2025.[31]
  • 58% of B2B marketing leaders across six countries cited authenticity and credibility as criteria for selecting creators in 2025.[31]
  • 29% of B2B marketing leaders across six countries planned to adopt influencer marketing within the following year in 2025.[31]
  • 55% of B2B marketing leaders across the United States, United Kingdom, Germany, Brazil, India and Australia were using influencers in 2025.[31]

10 Statistics

Operations & Execution

Throughput constraints show up as supply-chain disruption: 64% of aerospace companies surveyed in 2025 were experiencing supply-chain disruption. Adoption also targets inspection and cybersecurity, with 65% using or planning AI tools in 2025.

Process optimization in the aerospace parts manufacturing industry

  • $29.0 million of productivity gains, equivalent to 5.0% of aerospace-segment cost of sales, partially offset Crane’s 2025 manufacturing cost increases.[17]
  • 65% of aerospace companies surveyed in 2025 already used or planned to use AI and other innovative software tools, mainly for quality inspection and cybersecurity.[32]

Operational efficiency in the aerospace parts manufacturing industry

  • Crane’s Aerospace & Advanced Technologies operating margin was 25.0% in 2025, compared with 22.4% in 2024.[17]
  • $1 billion was invested in Honeywell Aerospace’s supply chain from 2023 through 2025 to improve scaling and customer delivery.[33]
  • 70% of aerospace companies surveyed in 2025 considered themselves well-prepared or very well-prepared for production-rate ramp-up.[32]

Supply chain in the aerospace parts manufacturing industry

  • 64% of aerospace companies surveyed in 2025 were experiencing supply-chain disruption.[32]
  • More than 500 direct suppliers supported GE Aerospace’s aerospace operations in 2025.[34]
  • $1 billion was invested by Honeywell Aerospace in supply-chain capabilities from 2023 to 2025.[35]
  • 49% of aerospace companies surveyed in 2025 cited insufficient financial resources as a production-ramp challenge.[32]

Outsourcing / Offshoring in the aerospace and defense sector (sector benchmark)

  • 53% of aerospace and defense executives expected to reshore or nearshore their suppliers, on average, within the following three years, in 2022.[36]
  • Nearly 60% of US aerospace and defense companies were considering localization strategies, while 15% had developed or navigated reshoring or onshoring strategies, in 2025.[3]
  • 21.35% of aerospace survey respondents reported manufacturing less than 25% of components in-house, indicating highly outsourced production, in 2023.[1]
  • 39.68% of aerospace survey respondents reported manufacturing 25–50% of components in-house, implying substantial outsourced production, in 2023.[1]
  • 46% of aerospace companies reported that most supply-chain expenditures were concentrated within their own region, including neighboring countries, in 2024.[37]

11 Statistics

Finance & Pricing

Deal valuation implies premium pricing for certified, mission-critical assets, with LTM median valuation in the sector at 18.49 times EBITDA and 3.97 times revenue in the third quarter of 2026.

Pricing strategy in the aerospace parts manufacturing industry

  • $65.0 million, or 31.1%, of Crane’s 2025 aerospace operating-profit increase reflected higher volumes and net price, including tariffs and productivity gains.[18]
  • 12.3% was the 2025 increase in Crane Aerospace & Advanced Technologies sales attributed primarily to higher pricing and volumes.[18]

Cost reduction in the aerospace parts manufacturing industry

  • Unit labor costs in U.S. aerospace product and parts manufacturing fell 0.2% year over year in 2025.[38]
  • $29.0 million of productivity gains reduced the effect of higher manufacturing costs in Crane’s aerospace segment in 2025.[17]

Profitability in the aerospace parts manufacturing industry

  • Crane’s Aerospace & Advanced Technologies operating profit increased 25.6% in 2025 to $262.5 million.[18]
  • The aerospace and defense industry’s average EBITDA margin reached 13.3% in 2024, according to McKinsey’s analysis of S&P Global Market Intelligence data.[5]
  • Crane’s Aerospace & Advanced Technologies generated $262.5 million of operating profit in 2025.[17]

Financial planning in the aerospace parts manufacturing industry

  • $1.0755 billion was Crane Aerospace & Advanced Technologies’ order backlog at December 31, 2025.[18]
  • Honeywell Aerospace had been awarded contracts expected to contribute more than $90 billion in platform-life revenue from 2022 through 2025.[35]
  • 49% of aerospace companies surveyed in 2025 identified a lack of financial resources as a production-ramp challenge.[32]

12 Statistics

Product & Service

Aftermarket and digital support are measurable parts of demand. Airbus Skywise supported 11,800 commercial aircraft in operations and maintenance in 2024.

Product development in the aerospace parts manufacturing industry

  • 6,600 Airbus employees were mapped to digital jobs in 2024, supporting digital product and manufacturing development.[12]
  • $2.7 billion was invested in aerospace research and development by GE Aerospace in 2024.[34]
  • 18,000 Airbus employees received digital upskilling training in 2024 to support innovation and manufacturing transformation.[12]
  • 270 Airbus employees were certified in data analytics, data science, cloud, IT infrastructure, SAP and digital architecture in 2024.[12]

Product lifecycle in the aerospace parts manufacturing industry

  • 11,800 commercial aircraft were supported by Airbus Skywise in operations and maintenance in 2024.[12]
  • 57,000 Airbus employees held at least one digital-world competence in their positions in 2024.[12]
  • 90% of Airbus digital profiles could use dedicated career-path frameworks in 2024.[12]
  • 5,300 employees participated in Airbus communities of practice related to digital jobs and capabilities in 2024.[12]

After-sales in the aerospace parts manufacturing industry

  • $354.1 million was Ducommun’s combined commercial and military aftermarket product sales in 2025.[17]
  • $247.5 million was Ducommun’s commercial aftermarket product sales in 2025.[17]
  • $414.0 million was reported in aftermarket-segment revenue by Triumph Group in 2024.[39]
  • 34% of Ducommun Aerospace and Advanced Technologies sales came from aftermarket customers in 2025.[17]

Value proposition in the aerospace parts manufacturing industry

  • 61% of Ducommun Aerospace and Advanced Technologies sales came from commercial markets in 2025.[17]
  • 25.0% was Ducommun Aerospace and Advanced Technologies’ operating margin in 2025.[17]
  • $1.0755 billion was Ducommun Aerospace and Advanced Technologies’ backlog at December 31, 2025.[17]
  • 12.5% was the increase in Ducommun Aerospace and Advanced Technologies sales in 2025, reaching $1.0489 billion.[17]

13 Statistics

Sustainability & Ethics

Supplier and reporting actions are quantified. 81% of aerospace and defense survey respondents selected supplier due diligence, visibility and transparency as a sustainability action in 2024.

Sustainability in the aerospace parts manufacturing industry

  • 81% of aerospace and defense survey respondents selected supplier due diligence, visibility and transparency as a sustainability action in 2024.[40]
  • 23% of aerospace and defense survey respondents selected circular economy measures as a supply-chain sustainability action in 2024.[40]
  • 544,922 metric tons of market-based Scope 1 and 2 greenhouse-gas emissions were reported by GE Aerospace in 2024.[34]
  • 283,359 metric tons of market-based Scope 1 emissions were reported by GE Aerospace in 2024.[34]

ESG in the aerospace parts manufacturing industry

  • 64/100 was Airbus’s S&P Global Corporate Sustainability Assessment score in October 2024.[12]
  • B was Airbus’s CDP climate rating in 2024.[12]
  • 75/100 was Airbus’s EcoVadis score in August 2024, earning a Gold Medal in the top 5%.[12]
  • A was Airbus’s MSCI ESG rating in September 2024.[12]

Ethics in the aerospace parts manufacturing industry

  • 49% of aerospace and defense survey respondents selected technology-enabled ESG reporting as a supply-chain sustainability action in 2024.[40]
  • 43% of aerospace and defense survey respondents selected nearshoring or onshoring supply-chain segments as a sustainability action in 2024.[40]
  • 81% of aerospace and defense survey respondents identified supplier due diligence, visibility and transparency as a priority sustainability action in 2024.[40]
  • 75% of aerospace and defense survey respondents selected responsible sourcing as a supply-chain sustainability action in 2024.[40]

Circular economy in the aerospace parts manufacturing industry

  • 30% of aerospace and defense survey respondents selected decarbonization as a supply-chain sustainability action in 2024.[40]
  • $414.0 million of Triumph Group’s 2024 aftermarket revenue covered services including spare parts, repairs, engineering and advanced composite repair.[39]

Carbon footprint in the aerospace parts manufacturing industry

  • 428,000 metric tons of market-based Scope 1 emissions were reported by GE Aerospace for its 2019 base year.[34]
  • 951,490 metric tons of market-based Scope 1 and 2 greenhouse-gas emissions were reported by GE Aerospace for its 2019 base year.[34]

15 Statistics

Globalization & Expansion

Regional demand and procurement categories keep expanding. North America accounted for 47.9% of global revenue in 2025, while Asia-Pacific is forecast to grow fastest through 2033.

Globalization in the aerospace parts manufacturing industry

  • 70% of Honeywell Aerospace’s 2024 net sales came from the United States, with 21% from EMEA and 9% from other international markets.[35]
  • 71% of Howmet Aerospace’s 2024 sales originated from North America and 23% from Europe.[45]
  • 42% of Morocco’s aerospace-industry workforce was female in 2024, according to industry representatives.[46]
  • 22 countries contained Howmet Aerospace’s 57 manufacturing and operating locations in 2024.[19]

Supplier management in the aerospace parts manufacturing industry

  • About 50% of 2026 global aerospace supply-chain respondents identified aerostructures, equipment and systems, or engines as their most important procurement categories.[22]
  • Around 70% of 2026 survey respondents in the global aerospace supply chain were small or medium-sized companies with fewer than 1,000 employees.[22]
  • Two-thirds of aerospace companies surveyed by Roland Berger in 2025 were still experiencing supply-chain disruptions.[32]
  • An average U.S. commercial aerospace OEM had more than 200 tier-one suppliers and 12,000 tier-two or tier-three suppliers in 2024.[47]

Stakeholder management in the aerospace parts manufacturing industry

  • 42% of TransDigm’s fiscal-2024 net sales came from its ten largest customers, although no individual customer exceeded 10%.[48]
  • 30% of Honeywell Aerospace’s 2024 net sales came from commercial aviation aftermarket customers.[35]
  • 40% of Honeywell Aerospace’s 2024 net sales came from defense and space customers.[35]
  • 16% of Honeywell Aerospace’s 2024 net sales came from business-aviation aftermarket customers.[35]

Distribution channels in the aerospace parts manufacturing industry

  • 27% of TransDigm’s fiscal-2024 net sales came from commercial aerospace OEM customers.[48]
  • 67% of TriMas Aerospace’s 2024 sales were to OEM customers and 33% were to aftermarket customers.[18]
  • 40% of TransDigm’s fiscal-2024 net sales came from defense customers.[48]
  • 31% of TransDigm’s fiscal-2024 net sales came from commercial, regional, business-jet and general-aviation aftermarket customers.[48]

Key questions about the aerospace parts manufacturing industry

What is the 2026 global market size for aerospace parts manufacturing?
The global aerospace parts manufacturing market is estimated at $1,042.8 billion in 2026.
How fast is the market expected to grow from 2026 to 2033?
Global market revenue is projected to reach $1,426.9 billion by 2033, implying a 5.4% CAGR from 2026 to 2033.
Which companies lead the aerospace parts manufacturing industry?
GE Aerospace stands out for aircraft engines and propulsion components because it designs and manufactures aircraft engines, components and propulsion systems, while Honeywell Aerospace leads in aircraft systems and propulsion since it supplies propulsion, cockpit, navigation and auxiliary power systems.
Where are technology shifts showing up in aerospace parts operations?
In 2025, 14.19% of survey respondents used AI for manufacturing and 32.26% used AI for design work. 69.14% used 3D printing as a prototyping or manufacturing technology in 2025.
What characterizes market structure in aerospace parts manufacturing?
High certification, technical and customer-qualification barriers support a concentrated upper tier alongside a broad supplier base, and buyers include OEMs, airlines, defense agencies and MRO providers.
What compliance approvals shape production for U.S. aerospace parts manufacturers?
Manufacturers generally require FAA production approval, including a production certificate, Parts Manufacturer Approval or Technical Standard Order Authorization, under FAA Order 8120.22B and 14 CFR Part 21 procedures.
Reference

Cite This Report

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APA
Samuel Norberg. (2026, November 11). Aerospace Parts Manufacturing Industry Statistics. Gitnux. https://gitnux.org/aerospace-parts-manufacturing-industry-statistics
MLA
Samuel Norberg. "Aerospace Parts Manufacturing Industry Statistics." Gitnux, 11 Nov 2026, https://gitnux.org/aerospace-parts-manufacturing-industry-statistics.
Chicago
Samuel Norberg. 2026. "Aerospace Parts Manufacturing Industry Statistics." Gitnux. https://gitnux.org/aerospace-parts-manufacturing-industry-statistics.

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