Latin America Aircraft Aftermarket Parts Market by Application, by Commercial
| Label | Narrow body Aircraft | Wide body Aircraft |
|---|---|---|
| 2015 | 1217.7 USD Mn | 752.1 USD Mn |
| 2016 | 1272.7 USD Mn | 775.6 USD Mn |
| 2017 | 1330.4 USD Mn | 800 USD Mn |
| 2018 | 1393.2 USD Mn | 826.6 USD Mn |
| 2019 | 1461.4 USD Mn | 855.6 USD Mn |
| 2020 | 1533.8 USD Mn | 886 USD Mn |
| 2021 | 1616.4 USD Mn | 921.2 USD Mn |
| 2022 | 1703.1 USD Mn | 957.6 USD Mn |
| 2023 | 1794.1 USD Mn | 995.2 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
By 2023, Narrow body Aircraft is the largest of the 2 groups tracked here, at 1.79B USD, 64% of the combined total.
Wide body Aircraft is runner-up at 995.20M USD — 45% off the lead.
Narrow body Aircraft grows to 1.79B USD by 2023, from 1.22B USD in 2015 — 47% up.
Wide body Aircraft climbs from 752.10M USD (2015) to 995.20M USD (2023), a 32% gain.
Across the full group, the combined total moves from 1.97B USD in 2015 to 2.79B USD in 2023 — a 42% change.
Who Leads, And By How Much
This chart compares 2 series side by side, not one trend over time. Read them against each other — the biggest number in the room is not automatically the most important line to follow.
A group with a small share can still matter most for the story — it is often the rate of change, not the current level, that is worth the closer look.
Treat these values as a directional estimate of the Latin America Aircraft Aftermarket Parts market. They are most useful for comparing segments and regions against each other, and for spotting where demand is expected to build fastest.
The numbers here come from a market sizing model: historical revenue estimates up to the 2018 base year, then forecasts through 2023 using growth-rate assumptions for each segment. The underlying report explains the methodology in detail.
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