Latin America Aerostructures Market Size & Outlook
The aerostructures market in Latin America is expected to reach a projected revenue of US$ 10,034.8 million by 2030. A compound annual growth rate of 6.5% is expected of Latin America aerostructures market from 2024 to 2030.
Revenue, 2023 (US$M)
$6,438.7
Forecast, 2030 (US$M)
$10,034.8
CAGR, 2024 - 2030
6.5%
Report Coverage
Latin America
Latin America aerostructures market, 2018-2030 (US$M)
Latin America aerostructures market highlights
- The Latin America aerostructures market generated a revenue of USD 6,438.7 million in 2023.
- The market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, composites was the largest revenue generating material in 2023.
- Composites is the most lucrative material segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 6,438.7 million |
| Market revenue in 2030 | USD 10,034.8 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Composites |
| Fastest growing segment | Composites |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Composites |
| Key market players worldwide | Airbus SE, Spirit Aerosystems, Saab AB ADR, Spirit AeroSystems Holdings Inc Class A, AAR Corp, Triumph Group Inc, Elbit Systems Ltd, The Boeing Company, Leonardo SpA ADR |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.8% of the global aerostructures market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 27,969.9 million by 2030.
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Aerostructures Market Scope
Aerostructures market segmentation & scope
End Use
Commercial
Military
Unmanned Aerial Vehicles
Business & General Aviation
Advanced Air Mobility
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
India
Japan
South Korea
Australia
Thailand
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Brazil
Aerostructures Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America aerostructures market
Related regional statistics
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