Key Market Indicators
The American aerospace export market is projected to hit approximately $155 billion by 2028, up from around $144 billion in 2023. This represents an average annual growth rate of 1.3%. Notably, since 1994, the American aerospace supply has seen a modest annual increase of 0.2%. In the global rankings, France, Germany, and Singapore hold the second, third, and fourth positions respectively. On the import side, the American aerospace sector is expected to reach nearly $73 billion by 2028, rising from about $66 billion in 2023. This equates to an average annual growth rate of 1.5%. Since 1995, American aerospace demand has surged at an average annual rate of 3.3%. Internationally, Singapore, Ireland, and Canada are ranked second, third, and fourth respectively in this category.
