Aviation Aftermarket Overview and Perspectives

Industrials

Aviation Aftermarket Surpasses Pre-Pandemic Levels

In 2024, the aviation aftermarket exceeded pre-pandemic levels, driven by strong fundamentals and original equipment manufacturer (OEM) constraints. Over the next decade, global market growth is expected to persist, buoyed by strong underlying demand and an aging fleet.

Key trends shaping the market include:

  • OEM challenges and production struggles
  • Inflation, rising costs, and demand uncertainty in end markets
  • Maintenance, repair, and overhaul market resilience and growth
  • Shifting global fleet dynamics
  • Labor shortages and workforce transitions
  • Persistent supply chain challenges

Read our Aviation Aftermarket overview for additional themes, valuation data, and deal activity highlights.

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