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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
United States Aerospace Market Growth
Aerospace covers the space above Earth, including its atmosphere and outer reaches. It's a sophisticated industry dedicated to creating vehicles for air and space exploration, producing various components like airframe structures, engines, landing gear, and flight controls.
Growing passenger numbers in the United States are driving up demand for aircraft flights. Increased incomes are altering people's travel choices, leading to a higher demand for air travel. In 2021, the aerospace and defence industry in the U.S. employed over 2.1 million workers, spread across every state, as per the Aerospace Industries Association.
United States Aerospace Market Report Snapshots
United States Aerospace Market Size
United States Aerospace Market Growth
United States Aerospace Market Trends
United States Aerospace Market Share
United States Aerospace Manufacturers
*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 is projected to grow at a CAGR of 2.40% between 2025 and 2034.
The major market drivers are improving standards of living, affordable prices of tickets, and increased frequency of flights and route availability.
The key trends in the market include rise in the number of passengers, demand for repair and maintenance, and rapid advancements in technology.
The market is categorised according to the body type, which includes wide body and narrow body.
The key market players are Lockheed Martin Corporation, Raytheon Technologies Corporation, Boeing Company, General Dynamics Corporation, Northrop Grumman Corporation, GE Aviation, L3Harris Technologies, and Leidos, Inc., among others.
Based on the operation, the market is divided into autonomous aircraft and manual.
Based on the aircraft type, the market is divided into commercial aviation, general aviation, military aviation, and others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124