The sales of aircraft engine parts and accessories in the US saw steady growth from 2013 to 2023. In 2023, the value stood at $26.314 billion. There was a notable increase from 2013 to 2014 of 13.89%, reflecting strong market conditions. Growth slowed down in the following years, with the lowest recorded in 2020, showing a decline of 2.09%, likely impacted by the COVID-19 pandemic. The last two years showed a resumption of moderate growth with 8.18% in 2022 and 2.64% in 2023. The CAGR over the last five years was 2.92%, indicating a consistent but moderate increase in market value.

Future trends to watch for:

Technological advancements in engine performance and fuel efficiency.
Increased demand for sustainable and green aviation technologies.
Potential impacts of regulatory changes and trade policies.
Rising air traffic and fleet expansions driving demand for new engines and maintenance parts.