A market analysis published by Stratview Research outlines the projected financial trajectory for the global aerospace and defense C-class parts sector over the next decade. The report, identified by code SRAD118, provides a detailed forecast of market size, growth rates, and segment performance from 2025 through 2034.
According to the data, the market size reached $13.6 billion in 2024. This figure represents a year-over-year increase of 16.5% from the $11.7 billion recorded in 2023. The report anticipates that the market value will rise to $14.2 billion in 2025, reflecting an annual growth rate of 4.3%.
Looking further ahead, the analysis projects that the market will continue to expand, reaching a value of $18.3 billion by 2034. This long-term growth corresponds to a compound annual growth rate (CAGR) of 2.8% during the forecast period. Over the ten-year span from 2025 to 2034, the industry is expected to generate a cumulative sales opportunity totaling $165.3 billion.
The report identifies specific regions and segments that will drive this expansion. North America is expected to remain the largest market for these parts, while the Asia-Pacific region is projected to grow at the fastest rate. In terms of aircraft type, commercial aircraft are anticipated to be the primary generator of demand.
Regarding part types, hardware is likely to hold the dominant position in the market.
Distribution channels and end-users also play a significant role in the market structure. Distributor sales are projected to hold the major share and are expected to grow at the fastest pace among sales channels. For end-use, original equipment (OE) remains both the dominant and the fastest-growing category.
