U.S. Aircraft Market Size & Share Analysis - Emerging Trends, Growth Opportunities, Competitive Landscape, and Forecasts (2025

Description

The U.S. aircraft market is witnessing steady expansion, with its size projected to rise from USD 43.2 billion in 2024 to USD 58.9 billion by 2032, advancing at a CAGR of 4.1%. This growth is largely attributed to the surging demand for air travel and airlines' increasing investments in next-generation, fuel-efficient aircraft. Innovations in aircraft design and propulsion, including electric engines, autonomous flight systems, and advanced manufacturing techniques, are enhancing performance and reducing operational costs.

Key advancements such as the use of carbon fiber and 3D-printed parts are contributing significantly to aircraft weight reduction, boosting fuel efficiency. The growth of urban air mobility solutions and electric vertical take-off and landing (eVTOL) aircraft is also transforming air transportation in urban centers. Additionally, heightened geopolitical tensions and ongoing military modernization efforts are driving up defense spending, particularly on next-generation fighter and bomber programs.

Key Insights

The commercial aircraft segment dominated the market in 2024, driven by strong global demand for models such as the Boeing 737 and Airbus A320, particularly following the aviation industry's post-pandemic recovery.

The military aircraft category is expected to witness the highest CAGR of 4.7% during 2025-2032, fueled by increased defense investments in cutting-edge programs like the F-35, NGAD, and B-21 Raider.

Engines and propulsion systems represented the largest component segment in 2024, accounting for 30% of the market due to their high cost and frequent replacement needs across commercial and defense fleets.

Satellite payloads and propulsion systems will be the fastest-growing component segment, supported by rising demand for space-based applications in defense, communications, and Earth observation.

Autonomous systems held the largest share (45%) in the technology segment in 2024, driven by their widespread application in military surveillance, autopilot, and air traffic management systems.

Electrification and sustainable propulsion technologies are poised to grow the fastest, propelled by environmental concerns, government incentives, and federal research programs like NASA's CLEEN.

Fixed-wing aircraft led the platform category in 2024 with a 55% market share, widely used in both commercial and defense applications. Meanwhile, space systems will register the fastest growth, supported by initiatives such as NASA's Artemis program and increasing private investment in space technologies.

Government and defense agencies remained the largest end users in 2024, owing to the U.S.'s USD 800+ billion defense budget. However, commercial airlines will see the fastest growth at a CAGR of 5%, due to a resurgence in domestic and international air travel and rising demand for fuel-efficient jets.

Geographically, the Northeast held the largest market share (40%) in 2024, thanks to the presence of aerospace giants like Lockheed Martin and Raytheon, and a robust R&D ecosystem. The Western region will expand the fastest, at a CAGR of 4.8%, supported by innovation in electric aviation and substantial venture capital funding.

The U.S. aircraft market is highly consolidated, with dominant players such as Boeing, Lockheed Martin, RTX, and Northrop Grumman benefiting from strong government ties, economies of scale, and advanced engineering capabilities.

Recent developments include Sikorsky's long-term support deal with Bristow for the S-92 helicopter fleet and Boeing's selection by the U.S. Air Force for the Next Generation Air Dominance F-47 fighter program, signaling robust momentum in both the commercial and defense sectors.

Product Code: 13574

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market Size Breakdown, by Aircraft Type
- 1.4.2. Market Size Breakdown, by Component & Subsystems
- 1.4.3. Market Size Breakdown, by Technology
- 1.4.4. Market Size Breakdown, by Platform
- 1.4.5. Market Size Breakdown, by End-User
1.5. Market Data Reporting Unit
- 1.5.1. Revenue
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence Database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Industry Background
5.2. Market Dynamics
- 5.2.1. Trends
- 5.2.2. Drivers
- 5.2.3. Restraints/Challenges
- 5.2.4. Emerging Economies and Key Opportunities
- 5.2.5. Impact Analysis of Drivers/Restraints
5.3. Impact of COVID-19
5.4. Sociopolitical Impact
5.5. Porter's Five Forces Analysis
- 5.5.1. Bargaining Power of Buyers
- 5.5.2. Bargaining Power of Suppliers
- 5.5.3. Threat of New Entrants
- 5.5.4. Intensity of Rivalry
- 5.5.5. Threat of Substitutes
5.6. Innovation and Technology Trends
5.7. Economic and Regulatory Impact
5.8. Market Entry Strategies

Chapter 6. Competitive Landscape

6.1. List of Market Players and their Offerings
6.2. Market Share of Key Players (2024)
6.3. Competitive Benchmarking of Key Players
6.4. Product Benchmarking of Key Players
6.5. Recent Strategic Developments by Key Players
6.6. Company Leadership Matrix

Chapter 7. U.S. Market

7.1. Overview
7.2. Market Revenue, by Aircraft Type (2019-2032)
7.3. Market Revenue, by Component & Subsystems (2019-2032)
7.4. Market Revenue, by Technology (2019-2032)
7.5. Market Revenue, by Platform (2019-2032)
7.6. Market Revenue, by End-User (2019-2032)
7.7. Market Revenue, by Country (2019-2032)

Chapter 8. Northeast Market

8.1. Overview
8.2. Economic Indicators
8.3. Demographics and Population Insights
8.4. Regional Hotspots
8.5. Growth Drivers
8.6. Challenges and Barriers
8.7. Competitive Strategies
8.8. Emerging Players
8.9. Import/Export Policies
8.10. Compliance Requirements
8.11. Emerging Investment Areas
8.12. Major Ongoing Projects
8.13. Market Size and Forecast
- 8.13.1. Market Revenue, by Aircraft Type (2019-2032)
- 8.13.2. Market Revenue, by Component & Subsystems (2019-2032)
- 8.13.3. Market Revenue, by Technology (2019-2032)
- 8.13.4. Market Revenue, by Platform (2019-2032)
- 8.13.5. Market Revenue, by End-User (2019-2032)

Chapter 9. Midwest Market

9.1. Overview
9.2. Economic Indicators
9.3. Demographics and Population Insights
9.4. Regional Hotspots
9.5. Growth Drivers
9.6. Challenges and Barriers
9.7. Competitive Strategies
9.8. Emerging Players
9.9. Import/Export Policies
9.10. Compliance Requirements
9.11. Emerging Investment Areas
9.12. Major Ongoing Projects
9.13. Market Size and Forecast
- 9.13.1. Market Revenue, by Aircraft Type (2019-2032)
- 9.13.2. Market Revenue, by Component & Subsystems (2019-2032)
- 9.13.3. Market Revenue, by Technology (2019-2032)
- 9.13.4. Market Revenue, by Platform (2019-2032)
- 9.13.5. Market Revenue, by End-User (2019-2032)

Chapter 10. West Market

10.1. Overview
10.2. Economic Indicators
10.3. Demographics and Population Insights
10.4. Regional Hotspots
10.5. Growth Drivers
10.6. Challenges and Barriers
10.7. Competitive Strategies
10.8. Emerging Players
10.9. Import/Export Policies
10.10. Compliance Requirements
10.11. Emerging Investment Areas
10.12. Major Ongoing Projects
10.13. Market Size and Forecast
- 10.13.1. Market Revenue, by Aircraft Type (2019-2032)
- 10.13.2. Market Revenue, by Component & Subsystems (2019-2032)
- 10.13.3. Market Revenue, by Technology (2019-2032)
- 10.13.4. Market Revenue, by Platform (2019-2032)
- 10.13.5. Market Revenue, by End-User (2019-2032)

Chapter 11. South Market

11.1. Overview
11.2. Economic Indicators
11.3. Demographics and Population Insights
11.4. Regional Hotspots
11.5. Growth Drivers
11.6. Challenges and Barriers
11.7. Competitive Strategies
11.8. Emerging Players
11.9. Import/Export Policies
11.10. Compliance Requirements
11.11. Emerging Investment Areas
11.12. Major Ongoing Projects
11.13. Market Size and Forecast
- 11.13.1. Market Revenue, by Aircraft Type (2019-2032)
- 11.13.2. Market Revenue, by Component & Subsystems (2019-2032)
- 11.13.3. Market Revenue, by Technology (2019-2032)
- 11.13.4. Market Revenue, by Platform (2019-2032)
- 11.13.5. Market Revenue, by End-User (2019-2032)

Chapter 12. Company Profiles

Chapter 13. Appendix

13.1. Sources and References
13.2. Related Reports

U.S. Aircraft Market Size & Share Analysis - Emerging Trends, Growth Opportunities, Competitive Landscape, and Forecasts (2025 - 2032)