An aircraft PMA is an approved replacement for the original part provided by the OEM, conforming to FAA design and produced under an FAA approved production process. Since the 1950s, the FAA has been granting PMA to third-party manufacturers to produce replacement parts for aircraft. Without these PMAs, aircraft parts would be exclusively designed and manufactured by OEMs, giving them a monopoly in the Aircraft Aftermarket Parts market. PMA parts are now being manufactured for almost every ATA chapter, a common referencing standard for aircraft parts, on an aircraft.

As per the Report, The Global Commercial Aircraft PMA market to grow at a CAGR of 7.96 percent over the period 2014-2019.

Covered in this Report
This report covers the current scenario and growth prospects of the Global Commercial Aircraft PMA market for the period 2015-2019. It presents a global overview, market shares, and growth prospects by region (the Americas, and the EMEA and APAC regions). The report also provides the market landscape and a corresponding analysis of the prominent vendors in the market. In addition, the report discusses the major drivers influencing the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.

Global Commercial Aircraft PMA Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions. The report also includes a discussion of the key vendors operating in this market.