Aircraft parts manufacturing, repair & maintenance industry includes establishments involved in developing prototypes and manufacturing aircraft engine and engine parts, other aircraft parts, auxiliary equipment, modifications or conversions and complete overhauling and rebuilding of aircraft.

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The market was valued $300 billion in 2017 due high level of maintenance and high standards of checks required in aircraft. Additionally, demand for repair and maintenance for ageing aircraft carriers is further supporting the market.
The aircraft parts manufacturing, repair and maintenance market is split into four segments: maintenance, repair, & overhaul, engine & engine parts, and other aircraft parts.

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North America was the largest region in the aircraft parts manufacturing, repair and maintenance market in 2017, accounting for more than 40% market share.
The USA was the largest country in the market in 2017, accounting for more than one-fifth of the market. The USA was followed by China as the next largest country in the market.
The top five competitors in the market are United Technologies Corp., General Electric Company, The Boeing Company, Safran S.A. and Airbus Group. United Technologies Corporation was the largest competitor. It provides high technology products and services to the building systems and aerospace industries worldwide. The company was established in 1934 and employs around 201,600 people across the world.

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