The US aerospace industry export market share is forecasted to decline from 29.22% in 2024 to 28.5% in 2028. This reflects a gradual year-on-year decrease: -0.65% from 2024 to 2025, -0.66% from 2025 to 2026, -0.59% from 2026 to 2027, and -0.59% from 2027 to 2028. In 2023, the market share stood at 29.4%. The compound annual growth rate (CAGR) over the last five years is -0.79%.
Future trends to watch for include:
- Increasing competition from global players, impacting the US market share further. - Geopolitical factors and trade policies that may influence export dynamics. - Technological advancements and shifts towards sustainable aviation could provide opportunities to regain or stabilize market share.
