Global Aerospace & Defense C-Class Market Likely to Reach $12.1 Billion in 2021 Growing at a CAGR of 4.4%

Distributors dominate the market across regions and is projected to experience the fastest growth over the next five years. High stock keeping units (SKU) of distributors, wide geographical reach, an excellent response time of less than 24 hours, reliable services on 24/7 basis, and large number of unique part numbers are some of the driving forces of distributors' sales in this market.

North America is the most dominant market for c-class parts in the aerospace & defense industry; however, Asia-Pacific region experienced highest growth over the last five years and is expected to remain the fastest growing market over the next five years as well. The region is projected to surpass Europe over the next five years and become the second largest market by 2021

Top 5 players (PCC Fasteners, Arconic Fastening Systems, Lisi Aerospace, RBC Bearings, and Stanley Black & Decker) captured more than 50% of the market in 2015.