The C-parts market size is projected to reach US$ 212.80 billion by 2031 from US$ 158.46 billion in 2024. The market is expected to register a CAGR of 4.4% during 2025–2031. Increasing integration of electronic components in aircraft and automobiles is likely to bring new trends in the market in the coming years.
The rise in the integration of electronic components in vehicles and aircraft is one of the major trends likely to drive the global C-parts market in the coming years. The introduction of electric aircraft is another major factor likely to drive the demand for C-parts in the market in the near future. The demand for deployment of components such as avionics, EFBs, ADAS, and other types of electronics and display systems is further generating the need for C-parts across the aerospace and automotive sectors. The increasing adoption of electric vehicles has also generated a new segment in the automobile industry that caters to a new category of customers. The engineering/production of electric vehicles further generates a need for integrating electronic components, which boosts the usage of plastic/composite fasteners and aluminum fasteners to avoid magnetic disturbance in the sensors of vehicles as well.
C-parts have several applications in automotive, industrial machinery, manufacturing, construction, energy, oil & gas, agriculture, aerospace & defense, and mining facilities. They are utilized in manufacturing plants and the energy & power sector. With government investments being made in the automotive and construction sectors due to growing urbanization, the demand for C-parts will continue to rise in the coming years.
Private and public authorities are currently investing in construction, agriculture, power, and gas industries, with many planned projects in the development stages. According to the International Energy Agency (IEA), investments in the energy & power sector in Asia Pacific reached US$ 1.1 trillion in 2023 and continue to increase rapidly. The C-parts market outlook remains positive, as it is well-positioned to serve the requirements of end-use industries such as construction, aerospace & defense, oil & gas, agriculture, and manufacturing. Manufacturers are under constant pressure to maintain the overall operation costs while improving operational efficiency. Thus, to avoid additional operational costs, machinery downtime, and stricter industrial norms, the demand for durable and high-strength industrial components is increasing. The continuous growth in manufacturing, transportation, energy, and the oil industry is driving the demand for durable industrial components. According to the data published by the World Bank in 2023, the overall manufacturing output increased from US$ 14 trillion in 2017 to US$ 16.2 trillion in 2023.
C-Parts are chosen for high-load and low-speed applications in industries, including automotive, as well as power tools and domestic appliances. They are utilized in the assembly of engine compartments, wheel suspensions, vehicle steering systems, brakes, pedals, pumps, and seats. Increasing automotive sales and production across the globe drives the adoption of C-parts. Further, they are widely used in the manufacturing of railways and metros to offer linear motion. Increasing investments in the railway sector by governments contribute to market growth. According to the India Brand Equity Foundation Organization, the Indian Railways revenue reached US$ 28.75 billion in fiscal year 2024. During 2023–2024, the Indian government Union Budget allocated a capital of US$ 29 billion for the railway projects.
The aviation industry has evolved rapidly over the years, recording a significant number of aircraft production and deliveries. As per the data published by Airbus in January 2024, Airbus delivered 735 commercial aircraft globally in 2023, up by 11% from 2022. Further, Airbus forecasts that more than 18,900 commercial aircraft are expected to be delivered in Asia Pacific countries between 2023 and 2042. Moreover, there is a rise in traveling activities across the globe. As per the data published by the International Air Transport Association (IATA) in 2024, the total passenger air traffic globally increased by 10% in 2024 from 2023. This increased demand for air traveling directly affects the need for MRO activities and spare parts requirements. In addition, primary, secondary, and tertiary airports continue to expand. For instance, since 2022, the governments of China and India announced their plans to construct 216 and 72 new airports, respectively, by the end of 2035. Moreover, many airlines are strategically prioritizing network expansion by inaugurating routes to underserved and geographically remote regional airports. With the increasing number of aircraft, airports, and MRO facilities, the demand for C-parts is increasing in tandem across different aircraft manufacturing sites in the region.
The global automotive sector is witnessing increased automotive production. As per the data published by the International Organization of Motor Vehicle Manufacturers in 2024, the global production of automotive vehicles in 2024 reached 92.50 million, a hike of 8% from 2022, which was 84.81 million. Asia Pacific is one of the notable regions globally where the production of vehicles is significant. China, being at the top of the global production list, secured first position in automotive exports. This increased the demand for C-parts such as bearings, screws, nuts, bolts, washers, and other types of components. The following are the production figures of automobiles by region:
16 Million Units
17 Million Units
17 Million Units
19 Million Units
50 Million Units
54 Million Units
10 Million Units
11 Million Units
The above figures reveal a noticeable rise in automotive vehicle production, which indicate strong demand for automotive components across regions. Thus, the surge in automotive production fuels the global C-parts market growth.
The key segments that contributed to the derivation of the C-parts market analysis are material type, end-use industry, product type, and fastener type. Based on material type, the C-parts market is segmented into steel/stainless steel, plastic/composites, cast iron, steel alloys, and others. In 2024, the steel/stainless steel segment dominated the global C-parts market. Based on product type, the C-parts market is segmented into fasteners, bearings, and others. In 2024, the fasteners segment dominated the global C-parts market. The fasteners segment is further categorized into nuts, bolts, screws, washers, and others. In 2024, the screws segment dominated the global C-parts market. In terms of end-use industry, the market is categorized into automotive, aerospace & defense, energy & power, semiconductor, and others. In 2024, the automotive segment dominated the global C-parts market.
The geographical scope of the C-parts market report is mainly divided into five main regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America. The global C-parts market is witnessing notable changes across regions, highly influenced by economic development and industrial growth. Asia Pacific led the global C-parts market in 2024, owing to the strong industrial growth in China, India, Japan, and Southeast Asian countries. As per the data published by the International Organization of Motor Vehicle Manufacturers in 2024, vehicle production in China reached 31 million units in 2024, from 27 million units in 2022. The flourishing aerospace, military & defense, and technology sectors also favor the market growth. The region has witnessed heavy imports of modern commercial aircraft in recent years due to the increasing number of international travelers from countries such as India, China, Japan, and Taiwan. The number of airports in the region is also growing, which, in turn, boosts the demand for C-parts from airline companies.
Europe accounted for a significant share of the market in global C-parts market. The growth of C-parts in the region is supported by its well-established industrial machine manufacturing sector and aerospace sector. Germany is the largest economy in Europe. The demand for C-parts in the country is mainly driven by government investments in the industrial sector. In 2023, Germany invested US$ 52.12 billion in semiconductor production to secure its position as an international microelectronics force. In March 2025, the German government announced US$ 500 billion in funds for infrastructure developments. Apart from Germany, the UK also plays an important role in the European C-parts industry. As per the data published by the International Air Transport Association in 2024, in the UK, air cargo transported 2.4 million tonnes of cargo. Such a dependency on air transportation led the UK to secure the 9th position in the global air cargo industry. Thus, the strong growth in the aerospace industry subsequently propels the demand for C-parts in the country.
The regional trends and factors influencing the C-Parts Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses C-Parts Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2024 | US$ 158.46 Billion |
| Market Size by 2031 | US$ 212.80 Billion |
| Global CAGR (2025 - 2031) | 4.4% |
| Historical Data | 2021-2023 |
| Forecast period | 2025-2031 |
| Segments Covered |
By Material Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The C-Parts Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the C-Parts Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The C-parts market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the C-parts market are listed below:
The "C-Parts Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
The List of Companies - C-Parts Market
The key players, holding majority shares, in C-parts market includes Würth Industrie Service GmbH & Co. KG, Fastenal Co, W W Grainger Inc, RS Group Plc.
The Asia Pacific held the largest market share in 2024, followed by North America.
The C-parts market is expected to reach US$ 212.80 billion in the year 2031.
The C-parts market was valued at US$ 158,.46 billion in 2024 and is projected to reach US$ 212.80 billion by 2031; it is expected to grow at a CAGR of 4.4% during 2025–2031.
Increasing integration of electronic components in aircraft and automobiles are the future trends of the C-parts market.
Rise in orders and deliveries of aircraft worldwide and the surge in automotive production across Asia Pacific countries are the driving factors impacting the C-parts market.