| Label | Commercial | Military |
|---|---|---|
| 2015 | 455.7 USD Mn | 281.5 USD Mn |
| 2016 | 484.6 USD Mn | 295.3 USD Mn |
| 2017 | 515.4 USD Mn | 309.9 USD Mn |
| 2018 | 549.1 USD Mn | 325.8 USD Mn |
| 2019 | 585.9 USD Mn | 343 USD Mn |
| 2020 | 625.5 USD Mn | 361.3 USD Mn |
| 2021 | 670.5 USD Mn | 382.1 USD Mn |
| 2022 | 718.7 USD Mn | 404.1 USD Mn |
| 2023 | 770.1 USD Mn | 427.2 USD Mn |
Data Source: Wantstats Repository
The Israel aircraft aftermarket parts market is witnessing a significant demand due to the increasing number of aircraft in the country. As the aviation industry in Israel continues to expand, so does the need for aftermarket parts to maintain and repair the growing number of aircraft. One of the major drivers of the demand for aftermarket parts in Israel is the constant need for maintenance and repair of aging aircraft. With the average age of aircraft in Israel being around 20 years, the demand for aftermarket parts is expected to further increase in the coming years. As older aircraft reach their critical life stages, the need for replacement parts becomes more crucial in ensuring the safety and optimal performance of these aging planes. Apart from maintenance, the growing popularity of aircraft modifications and upgrades is also driving the demand for aftermarket parts. Many airlines in Israel are investing in upgrading their fleets with technologically advanced components and systems, which require specialized aftermarket parts. This trend is particularly evident in the military sector, where Israel is known for its cutting-edge technology and constant modernization of its defense forces.
Moreover, with the increasing emphasis on safety in the aviation industry, there is a growing demand for high-quality and certified aftermarket parts. This is due to the strict regulations and standards set by regulatory bodies, such as the Israeli Civil Aviation Authority, to ensure the airworthiness of aircraft. As a result, there is a high demand for genuine and certified aftermarket parts that meet the required standards and specifications. In addition to the demand from the aviation industry, the growth of the tourism sector in Israel is also contributing to the demand for aftermarket parts. The country is experiencing a strong growth in tourism, with an increasing number of international flights and visitors. This has led to a rise in demand for aftermarket parts from the commercial aviation sector to support the growing number of flights. In conclusion, the demand for aftermarket parts in the Israel aircraft market is being driven by factors such as the need for maintenance and repair of aging aircraft, upgrades and modifications, safety regulations, and the growth of the tourism sector.
As the aviation industry in Israel continues to expand, the demand for aftermarket parts is expected to remain strong and drive the growth of the market.
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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Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Sales Leader, Bamberg
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Account and Business Manager, EFS-Holland BV
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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.
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.
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!
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.
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.
Israel Aircraft Aftermarket Parts Market by Application
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