Market Share of Commercial Aircraft Aftermarket Parts Industry
The commercial aircraft aftermarket parts market is fragmented due to the presence of many players who provide various types of parts and components. Some of the prominent players in the commercial aircraft aftermarket parts market are The Boeing Company, Moog Inc., Collins Aerospace (Raytheon Technologies Corporation), Honeywell International Inc., and General Electric Company. The consolidation of the market through the acquisition of local suppliers and manufacturers of parts and components by leading OEM suppliers is expected to increase the competitive rivalry. Additionally, focusing on the expansion of their businesses through innovative initiatives, increased investments, R&D, and the introduction of customized packages to cater to the growing needs of customers is expected to help the active players gain market share during the forecast period.
Commercial Aircraft Aftermarket Parts Market Leaders
The Boeing Company
Honeywell International Inc.
General Electric Company
Collins Aerospace (Raytheon Technologies Corporation)
Moog Inc.
*Disclaimer: Major Players sorted in no particular order
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