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Aircraft parts and industry

The aircraft parts industry is one of the major parts of the whole aviation business sector. The involved companies are focused on the aerospace parts market, so these companies have to supply airline companies and provide parts and components for airframes, engine equipment and the interior of an aircraft. This sector does not include aeronautical instruments or navigational (electronic) systems and equipment.

The aviation or the aerospace industry sector is divided in two major parts: the civil sector and the military sector. If a company is focused on the civil sector it will be confronted with the two main and market dominating companies, Boeing (about 60 per cent) and Airbus (about 30 per cent), and a number of various smaller companies. Because of this circumstance suppliers and providers as well as dealers and distributors have to fit to the requested standards of these two companies, one can say, they control the aircraft parts industry standards of the civil aerospace sector. Another important information about the civil sector is the geographically situation of the aircraft parts industry: main parts of the industry can be located in the United States of America (about 75 per cent). Europe (14 per cent) and Japan (5 per cent) are also important partners and involved aircraft industry centers.

The military sector and the military orientated aircraft parts industry is concentrated in industrial countries like the United States again as well as in Great Britain and France. This sector is dominated by defense conglomerates.
For companies and businesses which are related to the aircraft parts industry it is most important to provide certain services for their business partners and to keep in touch with local airline companies, interactions and relationships are the keywords. Therefore a company can use aircraft, airports or aviation organizations: these are platforms where companies can find new business opportunities, they get access to regional, national and international information, there is a chance for additional sales (new partners) and most of these organizations provide lobbying for their members.

Another interesting opportunity to gain new deals, find new providers, suppliers, dealers and distributors or manufacturers, are so called Internet marketplaces and networks, specialized on the aviation business sector. There one can present his company to a huge and international audience, one can create new contacts and relationships and one will find lots of possible business partners from all around the world.

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