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PUBLISHER: IMARC | PRODUCT CODE: 1636392
PUBLISHER: IMARC | PRODUCT CODE: 1636392
Commercial Aircraft Parts Manufacturer Approval (PMA) Market Size, Share, Trends and Forecast by Types, Applications, and Region, 2025-2033
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PAGES: 130 Pages
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The global commercial aircraft parts manufacturer approval (PMA) market size was valued at USD 11.4 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 15.6 Billion by 2033, exhibiting a CAGR of 3.50% during 2025-2033. Asia-Pacific currently dominates the market, holding a significant market share of over 29.9% in 2024. The rapid expansion of the aviation sector, the stringent implementation of a favorable regulatory regulation, aging of the existing aircraft fleet, the comparatively low cost of PMA-made parts, and significant technological advancements in manufacturing processes represent some of the key factors driving the market.
Commercial aircraft parts manufacturer approval (PMA) is a certification granted by aviation regulatory authorities to manufacturers of aircraft parts that are intended to be used as alternatives to original equipment manufacturer (OEM) parts. PMA allows manufacturers to produce and sell parts that meet the same quality and safety standards as OEM parts but at a lower cost. PMA parts offer cost savings to aircraft operators and maintenance providers without compromising safety or performance. The PMA process involves rigorous evaluation of manufacturing processes, materials, testing procedures, and quality control systems to ensure that the parts meet the required standards for airworthiness and reliability.
Commercial Aircraft Parts Manufacturer Approval (PMA) Market Trends:
The bolstering growth of the aviation industry due to the increasing number of air passengers represents one of the prime factors driving the market growth. In line with this, as airlines expand their routes, they require more aircraft and parts to support their operations, thus creating a favorable outlook for the market. Moreover, the shifting preference for cost-effective PMA parts over OEM parts among airlines and maintenance providers looking to reduce operational expenses without compromising safety or performance is acting as another major growth-inducing factor. Concurrent with this, a growing number of aircraft in operation are reaching or exceeding their designed lifespan, leading to increased maintenance needs, which, in turn, is presenting remunerative growth opportunities for the market. In addition to this, various regulatory authorities, such as the Federal Aviation Administration (FAA) in the United States, support the use of PMA parts if they meet the mandated safety and quality standards, which is propelling the market forward. Besides this, the significant expansion of the maintenance, repair, and overhaul (MRO) market driven by the introduction of stringent safety standards and the need for regular maintenance is contributing to the market growth. Furthermore, ongoing technological advancements allowing PMA manufacturers to produce high-quality parts that meet or exceed OEM standards and offer improved performance, durability, and reliability are positively impacting the market growth.
Key Market Segmentation:
Type Insights:
- Engine
- Component
- Others
Application Insights:
- Small Widebody
- Medium Widebody
- Large Widebody
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
- The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for commercial aircraft parts manufacturer approval (PMA). Some of the factors driving the Asia Pacific commercial aircraft parts manufacturer approval (PMA) market included the aging aircraft fleet, supportive regulatory framework, and the relatively low cost of PMA-made parts.
Competitive Landscape:
- The report has also provided a comprehensive analysis of the competitive landscape in the global commercial aircraft parts manufacturer approval (PMA) market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Able Aerospace Services Inc. (Textron Company), Adpma LLC, Aero Brake & Spares Inc., Airforms Inc. (McFarlane Aviation LLC), Ametek Inc., Fluid Components International LLC, Heico Corporation, Lkd Aerospace LLC, Pma Aeroparts LLC, Spirit Aerosystems Inc., Wencor Group LLC, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
- 1. What is commercial aircraft parts manufacturer approval (PMA)?
- 2. How big is the global commercial aircraft parts manufacturer approval (PMA) market?
- 3. What is the expected growth rate of the global commercial aircraft parts manufacturer approval (PMA) market during 2025-2033?
- 4. What are the key factors driving the global commercial aircraft parts manufacturer approval (PMA) market?
- 5. What is the leading segment of the global commercial aircraft parts manufacturer approval (PMA) market based on the type?
- 6. What are the key regions in the global commercial aircraft Parts Manufacturer Approval (PMA) market?
- 7. Who are the key players/companies in the global commercial aircraft Parts Manufacturer Approval (PMA) market?
Product Code: SR112025A7889
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Commercial Aircraft Parts Manufacturer Approval (PMA) Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Engine
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Component
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Others
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Small Widebody
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Medium Widebody
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Large Widebody
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Able Aerospace Services Inc. (Textron Company)
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Adpma LLC
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Aero Brake & Spares Inc.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 Airforms Inc. (McFarlane Aviation LLC)
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Ametek Inc.
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.6 Fluid Components International LLC
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Heico Corporation
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Lkd Aerospace LLC
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 Pma Aeroparts LLC
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.10 Spirit Aerosystems Inc.
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.11 Wencor Group LLC
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.1 Able Aerospace Services Inc. (Textron Company)
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Product Code: SR112025A7889
List of Figures
- Figure 1: Global: Commercial Aircraft Parts Manufacturer Approval Market: Major Drivers and Challenges
- Figure 2: Global: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 4: Global: Commercial Aircraft Parts Manufacturer Approval Market: Breakup by Type (in %), 2024
- Figure 5: Global: Commercial Aircraft Parts Manufacturer Approval Market: Breakup by Application (in %), 2024
- Figure 6: Global: Commercial Aircraft Parts Manufacturer Approval Market: Breakup by Region (in %), 2024
- Figure 7: Global: Commercial Aircraft Parts Manufacturer Approval (Engine) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 8: Global: Commercial Aircraft Parts Manufacturer Approval (Engine) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 9: Global: Commercial Aircraft Parts Manufacturer Approval (Component) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 10: Global: Commercial Aircraft Parts Manufacturer Approval (Component) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 11: Global: Commercial Aircraft Parts Manufacturer Approval (Other Types) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 12: Global: Commercial Aircraft Parts Manufacturer Approval (Other Types) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 13: Global: Commercial Aircraft Parts Manufacturer Approval (Small Widebody) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 14: Global: Commercial Aircraft Parts Manufacturer Approval (Small Widebody) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 15: Global: Commercial Aircraft Parts Manufacturer Approval (Medium Widebody) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 16: Global: Commercial Aircraft Parts Manufacturer Approval (Medium Widebody) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 17: Global: Commercial Aircraft Parts Manufacturer Approval (Large Widebody) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 18: Global: Commercial Aircraft Parts Manufacturer Approval (Large Widebody) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 19: North America: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 20: North America: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 21: United States: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 22: United States: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 23: Canada: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 24: Canada: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 25: Asia-Pacific: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 26: Asia-Pacific: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 27: China: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 28: China: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 29: Japan: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 30: Japan: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 31: India: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 32: India: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 33: South Korea: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 34: South Korea: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 35: Australia: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 36: Australia: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 37: Indonesia: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 38: Indonesia: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 39: Others: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 40: Others: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 41: Europe: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 42: Europe: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 43: Germany: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 44: Germany: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 45: France: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 46: France: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 47: United Kingdom: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 48: United Kingdom: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 49: Italy: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 50: Italy: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 51: Spain: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 52: Spain: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 53: Russia: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 54: Russia: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 55: Others: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 56: Others: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 57: Latin America: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 58: Latin America: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 59: Brazil: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 60: Brazil: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 61: Mexico: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 62: Mexico: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 63: Others: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 64: Others: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 65: Middle East and Africa: Commercial Aircraft Parts Manufacturer Approval Market: Sales Value (in Million USD), 2019 & 2024
- Figure 66: Middle East and Africa: Commercial Aircraft Parts Manufacturer Approval Market: Breakup by Country (in %), 2024
- Figure 67: Middle East and Africa: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 68: Global: Commercial Aircraft Parts Manufacturer Approval Industry: Drivers, Restraints, and Opportunities
- Figure 69: Global: Commercial Aircraft Parts Manufacturer Approval Industry: Value Chain Analysis
- Figure 70: Global: Commercial Aircraft Parts Manufacturer Approval Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Commercial Aircraft Parts Manufacturer Approval Market: Key Industry Highlights, 2024 & 2033
- Table 2: Global: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Breakup by Type (in Million USD), 2025-2033
- Table 3: Global: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Breakup by Application (in Million USD), 2025-2033
- Table 4: Global: Commercial Aircraft Parts Manufacturer Approval Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 5: Global: Commercial Aircraft Parts Manufacturer Approval Market: Competitive Structure
- Table 6: Global: Commercial Aircraft Parts Manufacturer Approval Market: Key Players
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