Report U.S. Aircraft Engine and Engine Parts Market. Analysis and Forecast to 2025 for 499$
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U.S. Aircraft Engine and Engine Parts Market. Analysis and Forecast to 2025
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U.S.: Aircraft Engine Market 2022

Aircraft Engine Market Size in the U.S.

The U.S. aircraft engine market skyrocketed to $X in 2021, jumping by X% against the previous year. Over the period under review, consumption continues to indicate a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Aircraft Engine Production in the U.S.

In value terms, aircraft engine production totaled $X in 2021. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Aircraft engine production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Aircraft Engine Exports

Exports from the U.S.

In 2021, overseas shipments of aircraft engines and engine parts decreased by -X% to X units, falling for the fourth consecutive year after two years of growth. In general, exports faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, aircraft engine exports totaled $X in 2021. Overall, exports, however, posted a perceptible expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Japan (X units), South Korea (X units) and Canada (X units) were the main destinations of aircraft engine exports from the United States, together comprising X% of total exports.

From 2013 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +X%), while the other leaders experienced a decline.

In value terms, South Korea ($X), Canada ($X) and Japan ($X) constituted the largest markets for aircraft engine exported from the United States worldwide, together accounting for X% of total exports.

Among the main countries of destination, Canada, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average aircraft engine export price amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the export price continues to indicate significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Italy ($X per unit), while the average price for exports to Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Aircraft Engine Imports

Imports into the U.S.

In 2021, the amount of aircraft engines and engine parts imported into the United States surged to X units, picking up by X% against 2020. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, aircraft engine imports contracted remarkably to $X in 2021. Over the period under review, imports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X units), Japan (X units) and Canada (X units) were the main suppliers of aircraft engine imports to the United States, with a combined X% share of total imports. These countries were followed by Mexico, the UK, Germany, Poland, New Zealand, China, Turkey, Sweden, Italy and Singapore, which together accounted for a further X 2013 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by New Zealand (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), France ($X) and Japan ($X) were the largest aircraft engine suppliers to the United States, with a combined X% share of total imports. Mexico, the UK, Germany, Poland, Turkey, Sweden, China, Italy, Singapore and New Zealand lagged somewhat behind, together accounting for a further X Zealand, with a CAGR of +X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average aircraft engine import price stood at $X per unit in 2021, dropping by -X% against the previous year. Overall, the import price showed a precipitous decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Canada ($X per unit), while the price for New Zealand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the leading suppliers of aircraft engines and engine parts to the U.S.?
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In value terms, Canada, France and Japan appeared to be the largest aircraft engine suppliers to the United States, with a combined 47% share of total imports. Mexico, the UK, Germany, Poland, Turkey, Sweden, China, Italy, Singapore and New Zealand lagged somewhat behind, together comprising a further 42%.
What are the leading importers of aircraft engines and engine parts from the U.S.?
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In value terms, South Korea, Canada and Japan appeared to be the largest markets for aircraft engine exported from the United States worldwide, with a combined 28% share of total exports.
What is the average export price for aircraft engines and engine parts in the U.S.?
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In 2021, the average aircraft engine export price amounted to $1,426,894 per unit, surging by 500% against the previous year.
What is the average import price for aircraft engines and engine parts in the U.S.?
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The average aircraft engine import price stood at $44,959 per unit in 2021, waning by -84.5% against the previous year.

This report provides an in-depth analysis of the aircraft engine market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• NAICS 336412 - Aircraft engine and engine parts manufacturing
Companies mentioned:
• Honeywell International
• Rolls-Royce Corporation
• AAR Corp.
• Walbar
• Heico Corporation
• Chromalloy Gas Turbine
• Barnes Group
• Continental Motors
• Turbine Engine Components Technologies - Utica Corporation
• ITT Enidine
• Sifco Industries
• Triumph Composite Systems
• Edac Technologies Corporation
• Pratt and Whitney
• Cfan Company
• Meyer Tool
• GKN Aerospace Chem-Tronics
• GE Aviation Muskegon
• Avio
• CTS Electronic Components
• Sequa Corporation
• Valent Aerostructures
• Heligear Acquisition Co.
• Heico Aerospace Holdings Corp.
• Ducommun Aerostructures
• Strategic Industries
• Yulista Aviation
• Heico Aerospace Corporation
• Advanced Atomization Technologies
• Gb Aero Engine
• HM Dunn Aerosystems

Country coverage:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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