In 2023, the number of general aviation airports in the US stood at 18.99 thousand. Between 2013 and 2023, the market saw fluctuating trends, with periods of decline and recovery. The steepest decline occurred in 2020, with a -4.98% year-on-year drop due to potential external factors. However, recovery started in 2022, with a significant year-on-year increase of 5.29%, continuing steady in 2023.
From 2024 onwards, the forecast indicates minor fluctuations, maintaining a stable figure around 18.93 to 18.95 thousand airports up to 2028. The 5-year compound annual growth rate (CAGR) is positive at 0.03%, suggesting slow but positive growth in the long term.
Future trends to watch for include:
- Technological advancements in aviation leading to efficiency improvements and potential increases in the number of airports.
- Regulatory changes that could either support growth or impose limitations on general aviation facilities.
- Economic conditions that can influence infrastructure investment and operational sustainability of general aviation airports.
