Charts & Stats

Mexico Arabia Aircraft Aftermarket Parts Market by Parts

By Parts, the market is segmented into MRO Parts, Rotable Scrap Replacement Parts, Consumable, and Expendable (2015-2023)

Author: Wantstats Research TeamSource: Wantstats Repository
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Mexico Arabia Aircraft Aftermarket Parts Market by Parts — full underlying data
LabelMRO PartsRotable Scrap Replacement PartsConsumableExpendable
2015469.9 USD Mn152.4 USD Mn75.1 USD Mn78.5 USD Mn
2016492.7 USD Mn154.6 USD Mn77.1 USD Mn81.8 USD Mn
2017516.6 USD Mn156.8 USD Mn79 USD Mn85.2 USD Mn
2018542.6 USD Mn159.3 USD Mn81.2 USD Mn88.9 USD Mn
2019570.9 USD Mn162.1 USD Mn83.5 USD Mn92.8 USD Mn
2020600.8 USD Mn164.9 USD Mn85.8 USD Mn97 USD Mn
2021634.9 USD Mn168.5 USD Mn88.6 USD Mn101.6 USD Mn
2022670.7 USD Mn172 USD Mn91.3 USD Mn106.5 USD Mn
2023704.6 USD Mn182.7 USD Mn94.4 USD Mn107.7 USD Mn

Data Source: Wantstats Repository

Wantstats

Market Dynamics

The aftermarket parts market for aircraft in Mexico and Arabia has been experiencing a significant demand in recent years. This is due to the fact that these regions have high volumes of air traffic, as well as a growing number of aircraft in operation. With such a large number of planes in the sky, the need for aftermarket parts has become increasingly important. One of the main reasons for the increasing demand for aircraft aftermarket parts in Mexico and Arabia is the high usage of aircraft in these regions. Mexico, in particular, has a strong air transportation system and is a major hub for both domestic and international flights. This has led to a steady rise in the number of aircraft in operation, resulting in a higher need for maintenance and replacement parts. Moreover, the aviation industry in both Mexico and Arabia is also experiencing growth. According to the International Air Transport Association (IATA), the demand for air travel in Latin America is projected to increase by 4.6% annually, and the Middle East is expected to see a growth rate of 5.5%.

As a result, airlines are constantly expanding their fleets to cater to the growing demand, which, in turn, leads to a higher demand for aftermarket parts. There are various types of aftermarket parts that are in demand in the Mexico and Arabian aircraft market. Engine components, such as turbines and compressors, are crucial for the proper functioning of the aircraft and are often replaced during routine maintenance to ensure safety and efficiency. Additionally, avionics systems, which include communication, navigation, and monitoring equipment, are also in high demand due to the growing reliance on advanced technology in modern aircraft. Furthermore, with the growing emphasis on sustainable practices, there is also a rising demand for eco-friendly aftermarket parts. These include engine parts made with lightweight materials, such as composites, which can improve fuel efficiency and reduce emissions. In conclusion, the Mexico and Arabia aircraft aftermarket parts market is thriving due to the high usage and growth of air travel in these regions. As the aviation industry continues to expand and evolve, the demand for aftermarket parts is expected to grow even further, making it a lucrative market for manufacturers and suppliers.

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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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
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
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
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.