In flight: Continued economic growth will boost industry demand

Over the five years to 2018, the Aircraft Parts Distributors industry hit some turbulence, preventing it from experiencing substantial revenue gains. Still, over the past five years, the overall US economy has performed well, leading to more commercial air travel. However, it has not been all clear skies for industry operators. Over the past five years, the size and age of the US commercial and general aviation fleet decreased, reducing the need for replacement parts, while the stripping down of older aircraft flooded the market with used surplus goods, contributing to the subdued revenue gains experienced during the five-year period. Over the five years to 2023, industry revenue is forecast to climb...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies

Industry Threats & Opportunities

  • Continued economic growth is projected to drive air travel traffic higher
  • The industry has also experienced a decline in demand from the US military
  • As the economy continues to grow and the financial position of consumer improves, domestic travel is forecast to continue increasing
  • Industry Report - Starting a New Business Chapter

    Prospective operators in the Aircraft Parts Distributors industry deal with moderate barriers to entry. While no specific regulation exists barring new entrants from establishing operations within the industry, the level of competition may be difficult for starting companies to overcome. Building up a client base takes time and newcomers will likely operate at a loss until relationships are established, as existing operators generally have established sales contracts with major downstream markets. Additionally, supply relationships with wholesalers and manufacturers is key as finding places to source aircraft parts from at prices fair enough to make a decent profit takes time and effort. The...purchase to read more.

    Additional Insights for the Aircraft Parts Distributors Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Aircraft Parts Distributors Industry are

  • Economies of scale
  • Economies of scope
  • Well-developed internal processes
  • IBISWorld analysts also discuss how external factors such as Domestic trips by US residents and Federal funding for defense in the Aircraft Parts Distributors industry impact industry performance..

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    What's in this report

    What is the Aircraft Parts Distributors Industry?

    Operators in this industry sell a range of original equipment manufacturer (OEM), non-OEM and aerostructure components (including fuselage, wings and flight control surfaces) used in the maintenance and repair of aircraft to commercial, freight and defense customers. Distributors offer all aircraft parts and typically also sell finished aircraft or offer aircraft repair and maintenance services.

    Industry Products
  • New aircraft
  • New aircraft engines and engine parts
  • New aircraft parts and supplies
  • Used parts and supplies
  • Industry Activities
  • Wholesaling aircraft engines and parts
  • Wholesaling aeronautical equipment and supplies
  • Wholesaling aircraft
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Domestic trips by US residents
  • Federal funding for defense
  • Inbound trips by non-US residents
  • Demand from aircraft, engine and parts manufacturing
  • Demand from aircraft maintenance, repair and overhaul

  • Current Performance
  • Offsetting demand trends
  • Competition intensifies
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand gains altitude
  • Challenges remain
  • Table: Aircraft Parts Distributors Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Aircraft Parts Distributors Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Aircraft, Engine & Parts Manufacturing
  • International Airlines
  • Domestic Airlines
  • Charter Flights

  • Key Selling Industries
  • Aircraft, Engine & Parts Manufacturing

  • Products & Services
  • New aircraft parts and supplies
  • Used parts and supplies
  • New aircraft
  • Other
  • New aircraft engines and engine parts
  • Chart: Aircraft Parts Distributors Industry Products and Services Segmentation

  • Demand Determinants
  • Air travel and regulation
  • Fleet life cycle and age
  • Competition
  • Military spending and operations

  • Major Markets
  • Exports
  • US civil aircraft owners
  • Wholesalers
  • Manufacturers
  • MRO companies
  • US government
  • Other
  • Chart: Major Market Segmentation for the Aircraft Parts Distributors Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Aircraft Parts Distributors

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Aircraft Parts Distributors Industry

  • Industry Globalization
    The Boeing Company,
  • Table: The Boeing Company - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Aircraft Parts Distributors Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Aircraft Parts Distributors Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Domestic trips by US residents (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • A component of an aircraft's airframe, including fuselage, wings or flight control surfaces.
  • Original Equipment Manufacturer (Oem)
  • A manufacturer that produces aircraft parts from component parts purchased from other organizations.
  • Sequester
  • Automatic federal government budget cuts.
  • Subassemblies
  • Preassembled parts designed to interconnect with other components so as to fit into the overall design of the aircraft.
  • What Our Customers Say

    Why buy this report?

    The Aircraft Parts Distributors industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Aircraft Parts Distributors:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Aircraft Parts Distributors market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Aircraft Parts Distributors, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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