Aircraft Aftermarket Parts Market

Company Headquarters: New Jersey, US Founded: 1885 Workforce: ~103,000 Company Working: Honeywell International Inc. (Honeywell) is a diversified technology and manufacturing company. It manages its business operations through four segments, namely, aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. The company manufactures aircraft engines, aircraft propulsion, cockpit systems, and, satellite communication systems. Honeywell’s key competitors in the aerospace industry are Thales Group, GE Aviation, and United Technologies. The company has a major presence in the US with nearly 45,000 employees. The company’s principal research and development wings are located in the US, India, and China.

Company Headquarters: Pennsylvania, U.S. Founded: 1911 Workforce: ~500 Company Working: Eaton Corporation Plc (Eaton) is an organisation that manages power. The company designs, develops, and markets energy-efficient goods, technology, and services that assist clients in more effectively managing mechanical, hydraulic, and electrical power. The business operates across several segments, including automobile, aerospace, electrical goods, electrical systems, and services, and most recently, e-Mobility. The portfolio of Eaton can be roughly divided into two sections. Its industrial sector, which caters to a wide range of end markets including trucks, general aviation, and commercial vehicles, houses one portion of its portfolio. The other part is Eaton's electrical sector portfolio, which caters to a variety of end markets, including residential, utilities, and data centres. Even if the company is taxed favourably since it is an Irish domiciliary, most of its operations are in the United States. By capitalizing on the global growth trends of electrification and digitalization, the company is accelerating the planet’s transition to renewable energy and helping to solve the world’s most urgent power management challenges. Eaton Corporation is a diversified power management company having locations all around the world. This makes the company one of the most profitable companies dealing in hydraulic power units.

Company Headquarters: Illinois, US Founded: 1955 Workforce: ~4,700 Company Working: AAR caters to the government, defense, and commercial markets globally. The company operates through two segments, namely, aviation services and expeditionary services. As part of its aviation services segment, AAR provides aftermarket support and services, MRO services, engineering services, inventory management, and other overhaul services. Under its expeditionary services segment, the company designs, develops, and repairs containers and transportation pallets. It also develops composite materials for business, commercial, and military aircrafts and provides design and integration services for command and control systems. AAR has a global presence and operates through offices in the UK, China, Singapore, Brazil, and the UAE.

Company Headquarters: Roselle, Illinois, US Founded: 2002 Workforce: ~100 Company Working: Kellstrom Aerospace supplies aircraft parts and services to players in the aviation industry such as Boeing and Airbus. The company offers services for aircraft parts distribution, inventory management, repair management, aftermarket parts, and fleet solutions. It also offers a one-stop shop for all OEM aircraft parts with customer service. Kellstrom Aerospace has major presence in the US and Singapore.

Company Headquarters: Cleveland, Ohio, US Founded: 1917 Workforce: ~57,000 Company Working: Parker Hannifin Corporation is a Fortune 250 global leader in motion and control technologies. For 100 years the company has been involved in the engineering and development of innovative products for customers in a varied range of diversified industrial and aerospace markets. It offers products and technologies for hydraulics, pneumatics, filtration, process control, fluid and gas handling, sealing and shielding, climate control, and aerospace. Parker Hannifin Corporation is a global leader in the research, design, manufacture, integration, certification, and lifetime service of fleet control, hydraulic, thermal management, lubrication, and pneumatic systems and parts for the aerospace industry. The company supports global aircraft manufacturers by providing innovative components for commercial and military aircraft.

Company Headquarters: Dallas, US Founded: 1932 Workforce: ~1,500 Company Working: Aviall offers aviation parts and aftermarket supply chain management services for the defense and aerospace industries. The company was acquired by Boeing in 2006. Aviall provides aircraft fittings and MRO services for aircraft battery packs, batteries, brakes, and wheels. It also offers kitting, hose assembly, rotables management, chemical management, automated inventory management, and other aviation services. The company has partnered with approximately 250 manufacturers and has a presence in over 40 locations including Hong Kong, Singapore, Tokyo, Dubai, and Shanghai.