Aerospace Industry in Mexico Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Aerospace Industry in Mexico is Segmented by Industry (Manufacturing, Engineering and Design, and Maintenance, Repair, and Overhaul). The Report Offers Market Sizes and Forecasts for all the Above Segments in Terms of Value (USD).

Aerospace Industry in Mexico Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Aerospace In Mexico Market Size

Aerospace in Mexico Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 2.65 Billion
Market Size (2030) USD 3.04 Billion
CAGR (2025 - 2030) 2.76 %
Market Concentration Low

Major Players

Aerospace Industry In Mexico Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Aerospace Industry In Mexico with other markets in Aerospace & Defense Industry

Defense

Airport Operations

Aviation

Aerospace & Defense Technology

Air Taxi

Aircraft Parts

Aerospace In Mexico Market Analysis

The Aerospace Industry In Mexico Market size is estimated at USD 2.65 billion in 2025, and is expected to reach USD 3.04 billion by 2030, at a CAGR of 2.76% during the forecast period (2025-2030).

Mexico's strategic positioning, flanked by the United States and with access to the Pacific and Atlantic Oceans, establishes its role as a pivotal player in the global aerospace supply chain. The USMCA agreement bolsters trade fluidity, facilitating smoother cross-border operations and investments. Coupled with its geographical and regulatory advantages, this positions Mexico as an attractive hub for foreign direct investment, fostering regional economic integration within the aerospace industry.

Mexico's aerospace industry is buoyed by the worldwide surge in air traffic and the subsequent demand for new, more fuel-efficient aircraft. Airlines, in response, are ramping up efforts to modernize their fleets to meet stringent environmental standards. Consequently, there's a soaring demand for aerospace components and systems that Mexico, with its robust manufacturing capabilities and cost efficiencies, is well-equipped to meet.

However, Mexico's aerospace industry heavily relies on foreign technologies and expertise, presenting a double-edged sword. While this dependence can hinder local innovation, it also exposes the nation, given its size, to heightened risks from geopolitical tensions and trade restrictions, potentially impeding its technological advancements and collaborative ventures.

Aerospace In Mexico Industry Overview

The aerospace industry in Mexico is semi-consolidated, with few players dominating the market. The major players include Airbus SE, The Boeing Company, General Dynamics Corporation, Honeywell International Inc., and Bombardier Inc., amongst others.

Several players are ramping up domestic production of advanced aircraft equipment. With a burgeoning pool of skilled labor, major players are bolstering their investments in the nation's aviation sector. They focus on elevating their design and engineering prowess, setting the stage for heightened market competition in the coming years. Global aerospace giants like Bombardier, Airbus, and Boeing have established production plants and research centers in Mexico, underscoring the nation's pivotal role in the industry's global supply chain. These investments bring in capital, facilitate technology transfers, and introduce best practices and innovations, all crucial for the local industry's growth and capacity building.

Aerospace In Mexico Market Leaders

  1. The Boeing Company

  2. Honeywell International Inc.

  3. Bombardier Inc.

  4. Airbus SE

  5. General Dynamics Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Aerospace in Mexico Market Concentration
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Aerospace In Mexico Market News

June 2024: Authorities from Mexico City, the State of Mexico, and Hidalgo, in collaboration with the Air Space Cluster, signed an agreement. This agreement is designed to bolster central Mexico's aeronautic sector, attract national and foreign investments, and elevate regional competitiveness. Mexico's aerospace industry boasts 450 companies, employs over 110,000 individuals, and has an annual market value of USD 4.6 billion.

March 2024: Mexicana de Aviación acquired 20 Embraer E2 aircraft, including 10 E190E2 and 10 E195-E2 jets, with deliveries set to commence in Q2 2025. With this move, Mexicana secured its position as Mexico's first E2 operator. Mexicana's choice of the E2 aircraft underscores its commitment to sustainability, leveraging its low operational costs and high fuel efficiency.

Aerospace in Mexico Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Buyers/Consumers
    • 4.4.2 Bargaining Power of Suppliers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Industry
    • 5.1.1 Manufacturing
    • 5.1.2 Engineering and Design
    • 5.1.3 Maintenance, Repair, and Overhaul

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles
    • 6.2.1 Airbus SE
    • 6.2.2 The Boeing Company
    • 6.2.3 General Dynamics Corporation
    • 6.2.4 Bombardier Inc.
    • 6.2.5 Safran
    • 6.2.6 Daher
    • 6.2.7 Honeywell International Inc.
    • 6.2.8 GKN plc
    • 6.2.9 RTX Corporation
    • 6.2.10 The General Electric Company
    • 6.2.11 Eaton Corporation PLC
    • 6.2.12 Mexicana MRO, S.A. de C.V.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Aerospace In Mexico Industry Segmentation

The study covers all aspects of the Mexican aerospace industry and provides insights into it. It also offers company profiles of major aerospace companies operating or offering their products and services in Mexico.

The aerospace industry in Mexico is segmented by industry into manufacturing, engineering and design, and maintenance, repair, and overhaul (MRO). For each segment, the market size is provided in terms of value (USD).

Industry Manufacturing
Engineering and Design
Maintenance, Repair, and Overhaul
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Aerospace in Mexico Market Research FAQs

How big is the Aerospace Industry In Mexico Market?

The Aerospace Industry In Mexico Market size is expected to reach USD 2.65 billion in 2025 and grow at a CAGR of 2.76% to reach USD 3.04 billion by 2030.

What is the current Aerospace Industry In Mexico Market size?

In 2025, the Aerospace Industry In Mexico Market size is expected to reach USD 2.65 billion.

Who are the key players in Aerospace Industry In Mexico Market?

The Boeing Company, Honeywell International Inc., Bombardier Inc., Airbus SE and General Dynamics Corporation are the major companies operating in the Aerospace Industry In Mexico Market.

What years does this Aerospace Industry In Mexico Market cover, and what was the market size in 2024?

In 2024, the Aerospace Industry In Mexico Market size was estimated at USD 2.58 billion. The report covers the Aerospace Industry In Mexico Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Aerospace Industry In Mexico Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Mexico Aerospace Industry Report

The aerospace industry in Mexico is experiencing robust growth, driven by a favorable regulatory environment, increasing foreign direct investment, and a thriving manufacturing sector. The market size is expanding significantly, with key segments including manufacturing, engineering and design, and maintenance, repair, and overhaul (MRO) services. The industry outlook is positive, supported by Mexico's strategic location, low manufacturing costs, and a skilled workforce.

Regional hubs such as Baja California, Monterrey, and Nuevo León are pivotal in fostering innovation and expansion within the sector. The demand for MRO services is particularly strong, fueled by the need to modernize airline fleets and maintain military aircraft. Industry growth is also bolstered by trade agreements and collaborations with global aerospace giants, enhancing Mexico's competitive edge in the global market.

Aerospace companies in Mexico are focusing on scaling up their manufacturing capacities to meet growing export demands and support the nation's economic growth. The market forecast indicates sustained growth, driven by industry trends and market predictions. Industry statistics reveal a thriving sector with increasing market value and market segmentation.

The industry analysis shows a comprehensive overview of the market, highlighting the importance of industry information and industry research. The industry reports provide detailed insights into market data, market growth, and market outlook. The industry size and industry sales are expected to continue their upward trajectory, supported by industry research and market review.

In conclusion, the Mexican aerospace industry is well-positioned for continued growth, with strong industry reports and market leaders driving innovation and expansion. The industry trends and market overview suggest a bright future, with significant opportunities for research companies and industry stakeholders. The report pdf and report example provide further insights into the sector's performance and future prospects.