Based on the data provided, the forecast for US export of gas turbine engines from 2024 to 2028 shows a consistent decline. The value in 2024 is projected at 7.3066 billion USD. This decreases to 7.0029 billion USD in 2025, 6.7052 billion USD in 2026, 6.4134 billion USD in 2027, and finally 6.1275 billion USD in 2028. The year-on-year percentage change indicates a steady drop in exports. Looking at variations over the last two years, the industry has continued to decline, which leads to an average annual decrease (CAGR) over the five-year period.
Future trends to watch for include shifts in global market demand for renewable energy sources, potential geopolitical impacts on trade relationships, and advancements in alternative propulsion technologies that may further affect the gas turbine engine market. Additionally, monitoring regulatory changes and environmental standards will be crucial for understanding long-term market shifts.
