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US Aviation Market - Size, Share, COVID-19 Impact & Forecasts up to 2028

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  • 340 Pages
  • January 2023
  • Region: United States
  • Mordor Intelligence
  • ID: 5717010
The US Aviation Market is projected to register a CAGR of -0.41%

Key Highlights

  • Largest Market by Aircraft Type - Commercial Aviation: Increasing air passenger traffic and its recovery to pre-pandemic levels, coupled with the replacement of existing aircraft with advanced sustainable aircraft, are driving the commercial aviation market.
  • Largest Market by Sub-Aircraft Type - Passenger Aircraft: Further liberalization of the aviation market and diverging demographic outlooks are some of the factors driving the growth of passenger traffic, which is boosting the demand for passenger aircraft.

Key Market Trends

Commercial Aviation is the largest segment by Aircraft Type.

  • The US aviation market is segmented by type into commercial aircraft, military aircraft, and general aviation. The US aviation industry is mature and well-developed and has the presence of several aircraft OEMs.
  • The military aviation segment is benefitted due to the increasing government investment in R&D and the procurement of advanced fighter jets, helicopters, and transport and training aircraft from the local players.
  • The United States is one of the largest commercial aviation markets in the world. Despite the COVID-19 pandemic impacting the region's commercial airline industry, the recovery of passenger traffic is anticipated to aid the revival of the US commercial aviation industry.
  • According to the International Air Transport Association (IATA), the United States witnessed a 69% decrease in passenger traffic due to the pandemic, resulting in a total loss of USD 130 billion for US airlines.
  • The US general aviation market may expand over the forecast period due to an increasing emphasis on improving the infrastructure of private airports and the growing number of HNWIs in the country.
  • During the COVID-19 pandemic, there was a decline of 22.4% in business jets and 24.7% in helicopters in terms of aircraft deliveries in 2020. The COVID-19-induced lockdown, along with restrictions on global travel, impacted the US general aviation segment. However, the market is gaining traction in terms of new orders and deliveries and is expected to continue the same trend throughout the forecast period.

Competitive Landscape

The US Aviation Market is fairly consolidated, with the top five companies occupying 84.21%. The major players in this market are Airbus SE, General Dynamics Corporation, Lockheed Martin Corporation, Textron Inc. and The Boeing Company (sorted alphabetically).

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

Table of Contents



3.1 Study Assumptions & Market Definition
3.2 Scope of the Study​
3.3 Research Methodology

4.1 Air Passenger Traffic
4.2 Air Transport Freight
4.3 Gross Domestic Product
4.4 Revenue Passenger Kilometers (RPK)
4.5 Inflation Rate
4.6 Active Fleet Data
4.7 Defense Spending
4.8 High-Net-Worth Individual (HNWI)
4.9 Regulatory Framework
4.10 Value Chain Analysis

5.1 Aircraft Type
5.1.1 Commercial Aviation By Sub Aircraft Type Freighter Aircraft Passenger Aircraft By Body Type Narrowbody Aircraft Widebody Aircraft
5.1.2 General Aviation By Sub Aircraft Type Business Jets By Body Type Large Jet Light Jet Mid-Size Jet Piston Fixed-Wing Aircraft Others
5.1.3 Military Aviation By Sub Aircraft Type Fixed-Wing Aircraft By Body Type Multi-Role Aircraft Training Aircraft Transport Aircraft Others Rotorcraft By Body Type Multi-Mission Helicopter Transport Helicopter Others

6.1 Key Strategic Moves
6.2 Market Share Analysis
6.3 Company Landscape
6.4 Company Profiles
6.4.1 Air Tractor Inc.
6.4.2 Airbus SE
6.4.3 ATR
6.4.4 Bombardier Inc.
6.4.5 Cirrus Design Corporation
6.4.6 Dassault Aviation
6.4.7 Embraer
6.4.8 General Dynamics Corporation
6.4.9 Honda Motor Co., Ltd.
6.4.10 Leonardo S.p.A
6.4.11 Lockheed Martin Corporation
6.4.12 MD Helicopters LLC.
6.4.13 Northrop Grumman Corporation
6.4.14 Pilatus Aircraft Ltd
6.4.15 Piper Aircraft Inc.
6.4.16 Robinson Helicopter Company Inc.
6.4.17 Textron Inc.
6.4.18 The Boeing Company


8.1 Global Overview
8.1.1 Overview
8.1.2 Porter’s Five Forces Framework
8.1.3 Global Value Chain Analysis
8.1.4 Market Dynamics (DROs)
8.2 Sources & References
8.3 List of Tables & Figures
8.4 Primary Insights
8.5 Data Pack
8.6 Glossary of Terms

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Air Tractor Inc.
  • Airbus SE
  • ATR
  • Bombardier Inc.
  • Cirrus Design Corporation
  • Dassault Aviation
  • Embraer
  • General Dynamics Corporation
  • Honda Motor Co., Ltd.
  • Leonardo S.p.A
  • Lockheed Martin Corporation
  • MD Helicopters LLC.
  • Northrop Grumman Corporation
  • Pilatus Aircraft Ltd
  • Piper Aircraft Inc.
  • Robinson Helicopter Company Inc.
  • Textron Inc.
  • The Boeing Company