In 2023, the import value of reaction engines other than turbo jets to the US stood at approximately $359.92 million. From 2024 to 2028, the forecasted imports demonstrate consistent growth.
- Year-on-year growth: 2024 (3.55%), 2025 (3.91%), 2026 (3.70%), 2027 (3.49%), 2028 (3.30%).
- The CAGR from 2024 to 2028 is projected at 3.59%.
Future trends to watch include technological advancements in non-turbojet engines and shifts in aerospace policies, which could either enhance or curb import growth. Monitoring global regulatory changes and suppliers' capacity to meet increasing demands will also be crucial.
