Dublin, June 26, 2025 (GLOBE NEWSWIRE) — The “Mexico Aerospace Market Report and Forecast 2025-2034” has been added to ResearchAndMarkets.com’s providing.
The Mexico aerospace market dimension reached USD 11.73 Billion in 2024. The market is projected to develop at a CAGR of 17.20% between 2025 and 2034, reaching nearly USD 57.36 Billion by 2034.
Nearshoring has emerged as one of many key market traits. This may be attributed to disruptions in international provide chain networks, which have prompted corporations to shift their operations in direction of their essential markets. Furthermore, the low price of producing aerospace autos in Mexico, coupled with important enhancements in high quality (30%) and effectivity (50%), is anticipated to contribute in direction of the expansion of the Mexico aerospace market.
The thriving steel mechanics sector of Monterrey has led to its emergence as a essential aerospace manufacturing hub. In November 2022, Honeywell Worldwide Inc. introduced plans to develop its operations within the International Centre of Provide Chain Excellence in Nuevo Leon, Mexico. Furthermore, the growth of operations by main aerospace corporations situated in Baja California is anticipated to foster improvements within the inside designs of plane, thereby supporting the market development.
Mexico Aerospace Market Development
The expansion of the business aviation sector has fuelled the demand for plane upkeep, restore, and overhaul companies, thereby driving the market growth. The necessity for modernisation of current airline fleets, notably these of low-cost carriers, together with Interjet and Volga, is a key development in Mexico aerospace market. Furthermore, the ageing construction of Mexico’s navy fleet has additionally elevated demand for MRO companies, thereby impacting the aerospace market favourably.
Latest Developments
As per the Mexico aerospace market evaluation, Airbus Helicopters established a partnership with the federal government of Queretaro in July 2022 for the growth of the commercial actions of Airbus in Mexico. This partnership was anticipated to spice up the manufacturing of single-aisle plane doorways in addition to create new jobs within the nation.
Trade Outlook
Based on the Mexico aerospace trade evaluation, the aerospace sector witnessed a rise of 15% from 2010-2020, As per the FEMIA estimates, the aerospace sector had 368 manufacturing corporations and organisations in 2022. The aerospace trade has a distinguished presence within the states of Baja California (Tijuana-Mexicali), Chihuahua, Sonora, Queretaro, and Nuevo Leon.
Grupo Aeroportuario del Centro Norte (OMA) is answerable for the administration of 13 airports in northern and central Mexico. As per the information from 2022, the passenger site visitors at these airports witnessed a development of 47.7%. OMA additionally goals to develop the capability of Monterrey airport by 50% to accommodate extra passengers and flights. In the meantime, Grupo Aeroportuario del Pacifico (GAP) is answerable for the administration of 12 Pacific coast airports and a pair of in Kingston and Montego Bay (Jamaica).
As per the information from the Worldwide Commerce Administration, the aerospace corporations in Mexico grew from 100 in 2004 to over 368 by the center of 2022. Mexico has additionally drawn international direct funding (FDI) value USD 5.5 billion in 2020-21, which contributes to the expansion of the Mexico aerospace trade. The overall import available in the market was USD 5.3 billion, whereas US imports accounted for round USD 4.4 billion.
The Federal Aviation Administration of the US introduced that it has categorised Mexico’s aviation security to class 1 standing once more after two years of efforts between civil aviation authorities of the 2 international locations. This transfer is anticipated to strengthen the place of Mexico’s aerospace sector globally.
As per the trade stories, airways, airport operators, airport on-site enterprises (eating places and retail), plane producers, and air navigation service suppliers present employment to 278,000 folks in Mexico and contribute round USD 14 billion to the nation’s GDP, which boosts the general Mexico aerospace trade income.
Increasing Investments, Strategic Location, and Authorities Assist Gasoline Development within the Mexican Aerospace Sector
- Rising international direct investments (FDI) from international aerospace corporations considerably increase the event and growth of the aerospace trade in Mexico.
- Mexico’s strategic geographical location, with proximity to main markets like america and entry to each the Atlantic and Pacific Oceans, enhances export alternatives and logistical effectivity and fuels Mexico aerospace demand development.
- Authorities initiatives and supportive insurance policies, together with tax incentives, infrastructure improvement, and funding in analysis and improvement, drive development within the aerospace sector.
- Increasing demand for upkeep, restore, and overhaul (MRO) companies, pushed by an growing fleet of business and navy plane, additional propels market development.
Challenges Shaping the Mexico Market as a result of Expert Labor Shortages, Regulatory Compliance, and Provide Chain Points
- Scarcity of expert labour and specialised workforce within the aerospace trade poses important challenges to development and productiveness and negatively impacts Mexico aerospace demand forecast.
- Strict regulatory compliance necessities for aerospace manufacturing and security requirements necessitate steady monitoring and adaptation, growing operational prices.
- Provide chain disruptions and dependence on imported uncooked supplies and elements have an effect on manufacturing timelines and prices, difficult producers.
- Excessive competitors from established aerospace hubs in North America and Europe places stress on Mexican producers to keep up excessive requirements and aggressive pricing.
Rising Developments within the Mexico Aerospace Sector Deal with Innovation, Collaboration, and Sustainability
- Rising deal with innovation and analysis & improvement (R&D) to reinforce technological capabilities and competitiveness within the international market aids Mexico aerospace demand.
- Rising collaboration between authorities, trade, and tutorial establishments to develop a talented workforce and drive technological developments.
- Emphasis on sustainability and environmentally pleasant practices in aerospace manufacturing and operations to fulfill international requirements and shopper expectations.
- Enlargement of aerospace clusters and improvement of specialised industrial parks to draw funding and assist trade development.
Threats and Challenges within the Mexico Market Arising from Financial Downturns, Commerce Insurance policies, and Market Competitors
- Financial downturns affecting funding in aerospace initiatives and decreasing demand for air journey affect development and Mexico aerospace market worth.
- Uncertainties in commerce insurance policies and worldwide relations, notably with main companions like america, affect exports and provide chains.
- Intense competitors from international aerospace producers and rising markets drives value pressures and necessitates steady innovation.
- Dependence on international aerospace market traits and fluctuations in demand for business and defence plane poses challenges for long-term stability and development.
Key Gamers within the Mexico Market and Their Strategic Initiatives
Safran Group
- Enlargement of Manufacturing Capabilities: Continues to spend money on increasing its manufacturing footprint in Mexico, specializing in producing superior aerospace elements and enhancing native manufacturing capability, which aids the demand of Mexico aerospace market.
- Analysis and Improvement: Establishes R&D facilities to innovate in aerospace expertise, with a deal with propulsion methods, touchdown gear, and superior supplies.
Bombardier Inc.
- Manufacturing of Enterprise Jets: Strengthens its presence in Mexico by specializing in the meeting and completion of its enterprise jet line, leveraging Mexico’s expert labor and price efficiencies.
- Provide Chain Integration: Enhances provide chain operations by collaborating with native suppliers, fostering a sturdy aerospace ecosystem inside the area and boosting Mexico aerospace market alternatives.
Honeywell Worldwide Inc.
- Superior Avionics Programs: Develops and produces superior avionics methods in its Mexican amenities, integrating cutting-edge expertise to enhance plane efficiency and security.
- Sustainability Initiatives: Implements sustainable manufacturing practices and invests in eco-friendly applied sciences to cut back the environmental affect of its aerospace operations.
Airbus SE
- Aerostructures Manufacturing: Expands its aerostructures manufacturing capabilities in Mexico, specializing in producing key elements for business plane, together with fuselages and wing assemblies, which boosts Mexico aerospace market income.
- Coaching and Improvement Packages: Invests in workforce coaching packages to reinforce the talents of native workers, guaranteeing excessive requirements of high quality and productiveness.
Common Electrical Firm
- Engine Parts Manufacturing: Focuses on manufacturing high-precision engine elements in its Mexican amenities, supporting the worldwide demand for superior jet engines.
- Technological Innovation: Invests in analysis and improvement to introduce modern options in engine effectivity, decreasing gas consumption and emissions for next-generation plane.
Aggressive Panorama
Main corporations within the Mexico aerospace trade are specializing in upscaling their manufacturing capacities to fulfill the growing export demand and bolster the nation’s financial development. The important thing market gamers are:
- Airbus SE
- Safran SA
- Bombardier Inc.
- Daher
- Dassault Aviation SA
- Ducommun Included
- Common Electrical Firm
- Honeywell Worldwide Inc.
- Textron, Inc.
- The Boeing Firm
Mexico Aerospace Market Regional Evaluation
The Baja California state holds a significant aerospace market share in Mexico, particularly within the areas of Tijuana and Mexicali, in addition to Queretaro and Nuevo Leon. These areas have flourishing aerospace markets that embody numerous actions reminiscent of design, engineering, and the manufacturing and meeting of aerospace elements.
Key Attributes
| Report Attribute | Particulars |
| No. of Pages | 130 |
| Forecast Interval | 2025-2034 |
| Estimated Market Worth (USD) in 2025 | $11.73 Billion |
| Forecasted Market Worth (USD) by 2034 | $57.36 Billion |
| Compound Annual Development Fee | 17.2% |
| Areas Lined | Mexico |
Key Subjects Lined
1 Govt Abstract
1.1 Market Dimension 2024-2025
1.2 Market Development 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Gamers and Aggressive Construction
1.5 Trade Greatest Practices
1.6 Latest Developments and Developments
1.7 Trade Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Developments
2.2 Key Verticals
2.3 Key Areas
2.4 Provider Energy
2.5 Purchaser Energy
2.6 Key Market Alternatives and Dangers
2.7 Key Initiatives by Stakeholders
3 Financial Abstract
3.1 GDP Outlook
3.2 GDP Per Capita Development
3.3 Inflation Developments
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Steadiness of Fee (BoP) Place
3.7 Inhabitants Outlook
3.8 Urbanisation Developments
4 Nation Threat Profiles
4.1 Nation Threat
4.2 Enterprise Local weather
5 Mexico Aerospace Market Overview
5.1 Key Trade Highlights
5.2 Mexico Aerospace Historic Market (2018-2024)
5.3 Mexico Aerospace Market Forecast (2025-2034)
6 Mexico Aerospace Market by Income Stream
6.1 Manufacturing
6.2 Engineering and Design
6.3 Upkeep, Restore, and Overhaul
7 Mexico Aerospace Market by Finish-Person
7.1 Authorities
7.2 Personal Sector
8 Mexico Aerospace Market by Area
8.1 Baja California
8.2 Northern Mexico
8.3 The Bajio
8.4 Central Mexico
8.5 Pacific Coast
8.6 Yucatan Peninsula
9 Market Dynamics
9.1 SWOT Evaluation
9.2 Porter’s 5 Forces Evaluation
9.3 Key Indicators for Demand
9.4 Key Indicators for Value
10 Aggressive Panorama
10.1 Provider Choice
10.2 Key International Gamers
10.3 Key Regional Gamers
10.4 Key Participant Methods
10.5 Firm Profiles
For extra details about this report go to https://www.researchandmarkets.com/r/47nzck
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