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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Mexico Aerospace Market Growth
The growth of the commercial aviation sector has fuelled the demand for aircraft maintenance, repair, and overhaul services, thereby driving the market expansion. The need for modernisation of existing airline fleets, particularly those of low-cost carriers, including Interjet and Volga, is a key trend in Mexico aerospace market. Moreover, the ageing structure of Mexico’s military fleet has also increased demand for MRO services, thereby impacting the aerospace market favourably.
Mexico Aerospace Market Report Snapshots
Mexico Aerospace Market Growth
Mexico Aerospace Market Trends
Mexico Aerospace Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market was valued at nearly USD 11.73 billion in 2023.
The market is projected to grow at a CAGR of 17.2% between 2024 and 2032.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 48.75 billion in 2032.
The different revenue streams in the market include manufacturing, engineering and design, and maintenance, repair, and overhaul.
The major end users in the market include government and the private sector.
The major regions in the market include Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The key market players are Airbus SE, Safran SA, Bombardier Inc., Daher, Dassault Aviation SA, Ducommun Incorporated, General Electric Company, Honeywell International Inc, Textron, Inc, and The Boeing Company, among others.
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