Pro
Aerospace
India Aircraft Aftermarket Parts Market by Application, by Military
| Label | Lamps | Filters | Fasteners | Seals and Gaskets | Switches | Others |
|---|---|---|---|---|---|---|
| 2015 | 55.1 USD Mn | 53.4 USD Mn | 41.3 USD Mn | 10.9 USD Mn | 17 USD Mn | 24.9 USD Mn |
| 2016 | 58.9 USD Mn | 57 USD Mn | 44.8 USD Mn | 11.7 USD Mn | 18.1 USD Mn | 26.4 USD Mn |
| 2017 | 63 USD Mn | 60.9 USD Mn | 48.7 USD Mn | 12.5 USD Mn | 19.3 USD Mn | 27.9 USD Mn |
| 2018 | 67.5 USD Mn | 65.1 USD Mn | 52.9 USD Mn | 13.3 USD Mn | 20.6 USD Mn | 29.5 USD Mn |
| 2019 | 72.5 USD Mn | 69.7 USD Mn | 57.6 USD Mn | 14.3 USD Mn | 21.9 USD Mn | 31.3 USD Mn |
| 2020 | 77.8 USD Mn | 74.7 USD Mn | 62.8 USD Mn | 15.3 USD Mn | 23.4 USD Mn | 33.1 USD Mn |
| 2021 | 83.8 USD Mn | 80.3 USD Mn | 68.6 USD Mn | 16.4 USD Mn | 25.1 USD Mn | 35.2 USD Mn |
| 2022 | 90.2 USD Mn | 86.2 USD Mn | 75 USD Mn | 17.6 USD Mn | 26.8 USD Mn | 37.5 USD Mn |
| 2023 | 93.8 USD Mn | 89.5 USD Mn | 79.1 USD Mn | 18.3 USD Mn | 27.7 USD Mn | 38.5 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
The demand for aircraft aftermarket parts in India has been on the rise in recent years. This is due to the growing aviation industry in the country, with more and more people opting to travel by air. As the number of flights and aircrafts increase, there is a greater need for these parts to ensure the safety and efficiency of the aircrafts. The aircraft aftermarket parts market in India is segmented by various parts such as avionics, engines, airframes, systems, and interiors. Avionics consist of electronic systems used in aircrafts for communication, navigation, and flight control. The demand for avionics parts has been increasing as airlines are upgrading their aircrafts with the latest technology to ensure optimal performance and safety. Engines are a critical part of any aircraft and their maintenance is essential for the safe and smooth operation of flights. As the number of flights and aircrafts increases, there is a constant demand for engine parts such as turbines, fuel systems, and exhaust systems. With advancements in technology, the demand for more efficient and durable engines has also increased, thus driving the demand for aftermarket engine parts.
Airframes refer to the structure of the aircraft and require regular maintenance and replacement to ensure safe and efficient flights. The demand for airframe parts such as fuselage, wings, and landing gear has been increasing due to the increasing number of aircrafts in operation. In addition, the aircraft aftermarket parts market in India is also segmented by expendable parts, which include items that need to be replaced after a certain period of time or usage. These parts include tires, batteries, filters, and gaskets. With the growing number of flights and the need for regular maintenance, the demand for expendable parts has also grown significantly. There are also various other factors driving the demand for aircraft aftermarket parts in India. With the increase in air travel, there is a constant need for parts to be replaced due to wear and tear. Additionally, the implementation of stringent safety regulations and the need for regular inspections and maintenance has further fueled the demand for these parts. In conclusion, the demand for aircraft aftermarket parts in India is expected to continue to grow in the coming years as the aviation industry in the country continues to expand.
The need for safety and efficiency in air travel has led to a constant demand for various parts, making the Indian aircraft aftermarket parts market a lucrative one.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.
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Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.