North America General Aviation Market Size

Statistics for the 2023 & 2024 North America General Aviation market size, created by Mordor Intelligence™ Industry Reports. North America General Aviation size report includes a market forecast to 2030 and historical overview. Get a sample of this industry size analysis as a free report PDF download.


Market Size of north america general aviation Industry

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North America General Aviation Market Summary
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Icons Lable Value Study Period 2017 - 2030 Market Size (2024) USD 20.90 Billion Market Size (2030) USD 24.01 Billion Largest Share by Sub Aircraft Type Business Jets CAGR (2024 - 2030) 2.34 % Largest Share by Country United States

Major Players


*Disclaimer: Major Players sorted in no particular order

Key Players



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North America General Aviation Market Analysis

The North America General Aviation Market size is estimated at 20.90 billion USD in 2024, and is expected to reach 24.01 billion USD by 2030, growing at a CAGR of 2.34% during the forecast period (2024-2030).

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20.9 B

Market Size in 2024 (USD)

24.0 B

Market Size in 2030 (USD)


Total Deliveries in the Historic Period (2017-2023)


Total Deliveries during the Forecast Period (2024-2030)

Largest Market by Sub-Aircraft Type

78.95 %

value share, Business Jets, 2023

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The increasing number of high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs) in the region acts as a major driver for the market's growth

Fastest-growing Market by Sub-Aircraft Type

6.48 %

Projected CAGR, Piston Fixed-Wing Aircraft, 2024-2030

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The need to meet the increasing training requirements of various countries and the rising adoption of piston aircraft across various sectors promotes the growth of the market.

Largest Market by Body Type

79.63 %

value share, Large Jet, 2023

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The increasing preference for large jets is driving the demand. Therefore, manufacturers offer a wide range of products to consumers according to their preferences.

Largest Market by Country

90.85 %

value share, United States, 2023

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A strong economy and the procurement and usage of aircraft by various sectors are leading to the growth of the country's general aviation market.

Leading Market Player

28.92 %

market share, General Dynamics Corporation, 2022

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General Dynamics Corporation, through its subsidiary Gulfstream Aerospace, provides a vast number of general aviation aircraft across the region, making it a leading player.

Factors such as recreational flying and business travel are driving the demand for general aviation market in the region

  • The North American general aviation market has long been a thriving sector, encompassing various activities from recreational flying to business travel. The business jet category dominated the market in terms of value and accounted for USD 14.9 billion in the year 2022. The surge in the number of UHNWI individuals in the region and the development of ultralong range aircraft are expected to aid the growth of the North American general aviation market. In the business jets segment, there was an 8% growth in the number of deliveries in 2022 compared to 2020 due to a surge in economic recovery in the sector. During the COVID-19 pandemic, the total number of general aviation aircraft deliveries declined by 9% in 2020 compared to 2019. Despite this, around 3,744 units of the global demand for jets is expected to be from the North American region during the forecast period.
  • In 2022, 70% of the piston fixed wing and 69% of the business jets were delivered in the North American region, making it the most significant general aviation market globally. The advent of new models is likely to increase the competition among the existing players in the market and the availability of options for the customers, thereby driving the growth of the general aviation market in the region.
  • As the market evolves, stakeholders continue to adapt to changing customer needs, leverage new technologies, and uphold safety standards to ensure a prosperous future for general aviation in North America. Factors such as these are expected to drive the demand in the region to procure around 21,456 aircraft comprising business jets, helicopters, turboprops, and piston aircraft, which are expected to be delivered in the North American region during the forecast period.
North America General Aviation Market

The increasing HNWI population is driving the sales of general aviation aircraft in the region

  • The general aviation sector significantly contributes to the GDP of major countries in the region. For instance, it contributes around USD 150 billion annually to the US economy. In 2022, North America accounted for the highest growth in the ultra-wealthy population, with remarkably high purchasing power parity, representing an increase in the sales of general aviation aircraft in the region. For instance, the number of HNWI individuals in North America increased from 34 million in 2016 to 57 million in 2022, with a growth of 61% from 2016 to 2022.
  • The overall aircraft deliveries in the general aviation sector were affected during the COVID-19 pandemic, and the growth in 2020 declined by 12%. The reduction in North America's economic activities and travel-related restrictions affected the demand for general aviation aircraft in the region. However, the region recovered in terms of general aircraft deliveries. In 2022, the growth was 5% compared to 2021.
  • The United States accounts for around 90% of the total operational business jet fleet in North America, making it the most dominating market in terms of volume and value. Mexico and Canada accounted for 3% and 6% of the current operational fleet in the region, respectively, as of December 2022.
  • Pilot training institutes are the major users of piston fixed-wing aircraft. The positive economic recovery led to a surge in demand for piston aircraft in the region, and deliveries increased by around 10% in 2022 compared to 2021. During 2023-2030, a total of 21,456 general aviation aircraft are expected to be procured, of which 21,456 aircraft comprise 4,314 business jets, 11,455 piston aircraft, 2,960 helicopters, and 2,736 turboprop aircraft.

North America General Aviation Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030