Commercial Aircraft Aftermarkets Parts Market is Expected to Grow at a CAGR of 6% by 2021

PUNE, India, 2017-Jun-29 — /EPR Network/ — Market Synopsis of Commercial Aircraft Aftermarket Parts Market: The global Commercial Aircraft Aftermarkets Parts market is expected to grow at a CAGR of around 6% during 2016-2021. The key driving factors is the availability of the aircraft aftermarket parts on e-platforms, growing fleet size, and availability of cost effective PMA parts from MRO providers.

As per the MRFR analysis, factors restraining the market growth are strong opposition from OEMs, delay in customs clearance for aircraft spare parts and high import duties on value-added taxes for aircraft spare parts.

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Key Players of Commercial Aircraft Aftermarket Parts Market:

  • Eaton
  • General electric
  • Honeywell International
  • Rockwell Collins
  • BE aerospace
  • BF Goodrich
  • Meggitt
  • Parker-Hannifin
  • Pratt& Whitney

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