Analysis of the Current Status and Development Trends of China's Aviation Components Market in 2021 The market is in its early growth phase with promising future prospects.

Main listed companies in the domestic aviation parts industry: AVIC XAC (000768), Zhongzhi (600038), Hangfa Technology (600391), Hongdu Aviation (600316), Haite High-tech (002023), Boyun New Materials (002297) ), AVIC Optoelectronics (002179)

The core data of this article: market size, regional distribution

In the early stage of growth, the development status is good

According to a joint study by Oxford University School of Economics and Manchester Business School, the global aviation industry market size has been in the range of US$1 trillion to US$1.5 trillion in recent years. Among them, the scale of China's aviation industry accounts for only 7%. Their research shows that the manufacturing of aviation parts currently accounts for about 30% of the market size of the aviation industry. According to this, after preliminary estimates, the scale of China's aviation parts industry in 2020 is about 21 billion US dollars.

According to the calculation of the growth rate of the downstream aviation market in the industry chain, the market size in 2015 was about 10 billion US dollars, with a compound annual growth rate of 16.00%. On the whole, China's aviation parts market has developed well in recent years, and the market size has shown an upward trend year by year. It is worth mentioning that China's aviation parts industry is still in the early stage of market growth. Therefore, the development prospects of China's aviation parts market are limitless.