NEW YORK, Feb. 15, 2023 /PRNewswire/ — The aerospace market size in Mexico is forecast to increase by USD 8,375.16 million from 2022 to 2027, at a CAGR of 18.27%, according to the recent market study by Technavio. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 3,161.02 million. The growth of the market will be driven by the favorable regulatory environment, the growing number of manufacturing firms, and government effort to boost the aerospace industry. Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report
Technavio has announced its latest market research report titled Mexico Aerospace Market 2023-2027
Technavio has extensively analyzed 15 major vendors, including Airbus Group SE, BASF SE, Bombardier Inc., DAHER, Dassault Aviation SA, Ducommun Inc., General Dynamics Corp., General Electric Co., GKN Aerospace Services Ltd., Honeywell International Inc., Mitsubishi Heavy Industries Ltd., Parker Hannifin Corp., Raytheon Technologies Corp., Safran SA, Textron Inc., Thales Group, and The Boeing Co.
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Key Benefits for Industry Players and Stakeholders –
The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
It also provides detailed analyses of the market’s competitive landscape and vendors’ product offerings.
The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
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Customer Landscape – Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio
One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
Furthermore, market adoption rates for all regions have been covered.
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The market is segmented by end-user (government and private sector), and revenue stream (manufacturing, engineering and design, maintenance, and repair and overhaul).
Segmentation by End-user (Inclusion/Exclusion)
The market growth in the government segment will be significant during the forecast period. A large number of airports come under the direct control of the government. In addition, the increase in defense budget allocation by governments is contributing to the growth of the segment in focus.
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What are the key data covered in this aerospace market in Mexico report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the aerospace market in Mexico between 2023 and 2027
Precise estimation of the size of the aerospace market in Mexico and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the aerospace market in Mexico
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of aerospace market vendors in Mexico
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The commercial aircraft PMA market is estimated to grow at a CAGR of 5.66% between 2022 and 2027. The size of the market is forecast to increase by USD 206.72 million. The growing number of air passengers is notably driving the market growth, although factors such as the growing popularity of recycled aircraft parts may impede the market growth.
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Aerospace Market in Mexico Scope |
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Report Coverage |
Details |
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Page number |
121 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 18.27% |
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Market growth 2023-2027 |
USD 8375.16 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
17.98 |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Airbus Group SE, BASF SE, Bombardier Inc., DAHER, Dassault Aviation SA, Ducommun Inc., General Dynamics Corp., General Electric Co., GKN Aerospace Services Ltd., Honeywell International Inc., Mitsubishi Heavy Industries Ltd., Parker Hannifin Corp., Raytheon Technologies Corp., Safran SA, Textron Inc., Thales Group, and The Boeing Co. |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of contents:
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Country Market Characteristics
Exhibit 04: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 05: Executive Summary – Chart on Market Segmentation by Revenue Stream
Exhibit 06: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on Mexico – Market size and forecast 2022-2027 ($ million)
Exhibit 12: Data Table on Mexico – Market size and forecast 2022-2027 ($ million)
Exhibit 13: Chart on Mexico: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on Mexico: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Aerospace market in Mexico 2017 – 2021
Exhibit 15: Historic Market Size – Data Table on Aerospace market in Mexico 2017 – 2021 ($ million)
4.2 End-User Segment Analysis 2017 – 2021
Exhibit 16: Historic Market Size – End-User Segment 2017 – 2021 ($ million)
4.3 Revenue stream Segment Analysis 2017 – 2021
Exhibit 17: Historic Market Size – Revenue stream Segment 2017 – 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 18: Five forces analysis – Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition – Five forces 2022 and 2027
6 Market Segmentation by End-user
6.1 Market segments
Exhibit 25: Chart on End-user – Market share 2022-2027 (%)
Exhibit 26: Data Table on End-user – Market share 2022-2027 (%)
6.2 Comparison by End-user
Exhibit 27: Chart on Comparison by End-user
Exhibit 28: Data Table on Comparison by End-user
6.3 Government – Market size and forecast 2022-2027
Exhibit 29: Chart on Government – Market size and forecast 2022-2027 ($ million)
Exhibit 30: Data Table on Government – Market size and forecast 2022-2027 ($ million)
Exhibit 31: Chart on Government – Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Government – Year-over-year growth 2022-2027 (%)
6.4 Private sector – Market size and forecast 2022-2027
Exhibit 33: Chart on Private sector – Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on Private sector – Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on Private sector – Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Private sector – Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by End-user
Exhibit 37: Market opportunity by End-user ($ million)
7 Market Segmentation by Revenue Stream
7.1 Market segments
Exhibit 38: Chart on Revenue Stream – Market share 2022-2027 (%)
Exhibit 39: Data Table on Revenue Stream – Market share 2022-2027 (%)
7.2 Comparison by Revenue Stream
Exhibit 40: Chart on Comparison by Revenue Stream
Exhibit 41: Data Table on Comparison by Revenue Stream
7.3 Manufacturing – Market size and forecast 2022-2027
Exhibit 42: Chart on Manufacturing – Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Manufacturing – Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Manufacturing – Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Manufacturing – Year-over-year growth 2022-2027 (%)
7.4 Engineering and design – Market size and forecast 2022-2027
Exhibit 46: Chart on Engineering and design – Market size and forecast 2022-2027 ($ million)
Exhibit 47: Data Table on Engineering and design – Market size and forecast 2022-2027 ($ million)
Exhibit 48: Chart on Engineering and design – Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Engineering and design – Year-over-year growth 2022-2027 (%)
7.5 Maintenace, Repair and Overhaul – Market size and forecast 2022-2027
Exhibit 50: Chart on Maintenace, Repair and Overhaul – Market size and forecast 2022-2027 ($ million)
Exhibit 51: Data Table on Maintenace, Repair and Overhaul – Market size and forecast 2022-2027 ($ million)
Exhibit 52: Chart on Maintenace, Repair and Overhaul – Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Maintenace, Repair and Overhaul – Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Revenue Stream
Exhibit 54: Market opportunity by Revenue Stream ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 56: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
Exhibit 57: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 58: Overview on factors of disruption
10.4 Industry risks
Exhibit 59: Impact of key risks on business
11 Vendor Analysis
11.1 Vendors covered
Exhibit 60: Vendors covered
11.2 Market positioning of vendors
Exhibit 61: Matrix on vendor position and classification
11.3 Airbus Group SE
Exhibit 62: Airbus Group SE – Overview
Exhibit 63: Airbus Group SE – Business segments
Exhibit 64: Airbus Group SE – Key news
Exhibit 65: Airbus Group SE – Key offerings
Exhibit 66: Airbus Group SE – Segment focus
11.4 Bombardier Inc.
Exhibit 67: Bombardier Inc. – Overview
Exhibit 68: Bombardier Inc. – Product / Service
Exhibit 69: Bombardier Inc. – Key offerings
11.5 DAHER
Exhibit 70: DAHER – Overview
Exhibit 71: DAHER – Product / Service
Exhibit 72: DAHER – Key offerings
11.6 Dassault Aviation SA
Exhibit 73: Dassault Aviation SA – Overview
Exhibit 74: Dassault Aviation SA – Product / Service
Exhibit 75: Dassault Aviation SA – Key offerings
11.7 General Dynamics Corp.
Exhibit 76: General Dynamics Corp. – Overview
Exhibit 77: General Dynamics Corp. – Business segments
Exhibit 78: General Dynamics Corp. – Key news
Exhibit 79: General Dynamics Corp. – Key offerings
Exhibit 80: General Dynamics Corp. – Segment focus
11.8 General Electric Co.
Exhibit 81: General Electric Co. – Overview
Exhibit 82: General Electric Co. – Business segments
Exhibit 83: General Electric Co. – Key news
Exhibit 84: General Electric Co. – Key offerings
Exhibit 85: General Electric Co. – Segment focus
11.9 GKN Aerospace Services Ltd.
Exhibit 86: GKN Aerospace Services Ltd. – Overview
Exhibit 87: GKN Aerospace Services Ltd. – Product / Service
Exhibit 88: GKN Aerospace Services Ltd. – Key offerings
11.10 Honeywell International Inc.
Exhibit 89: Honeywell International Inc. – Overview
Exhibit 90: Honeywell International Inc. – Business segments
Exhibit 91: Honeywell International Inc. – Key news
Exhibit 92: Honeywell International Inc. – Key offerings
Exhibit 93: Honeywell International Inc. – Segment focus
11.11 Mitsubishi Heavy Industries Ltd.
Exhibit 94: Mitsubishi Heavy Industries Ltd. – Overview
Exhibit 95: Mitsubishi Heavy Industries Ltd. – Business segments
Exhibit 96: Mitsubishi Heavy Industries Ltd. – Key news
Exhibit 97: Mitsubishi Heavy Industries Ltd. – Key offerings
Exhibit 98: Mitsubishi Heavy Industries Ltd. – Segment focus
11.12 Parker Hannifin Corp.
Exhibit 99: Parker Hannifin Corp. – Overview
Exhibit 100: Parker Hannifin Corp. – Business segments
Exhibit 101: Parker Hannifin Corp. – Key news
Exhibit 102: Parker Hannifin Corp. – Key offerings
Exhibit 103: Parker Hannifin Corp. – Segment focus
11.13 Raytheon Technologies Corp.
Exhibit 104: Raytheon Technologies Corp. – Overview
Exhibit 105: Raytheon Technologies Corp. – Business segments
Exhibit 106: Raytheon Technologies Corp. – Key news
Exhibit 107: Raytheon Technologies Corp. – Key offerings
Exhibit 108: Raytheon Technologies Corp. – Segment focus
11.14 Safran SA
Exhibit 109: Safran SA – Overview
Exhibit 110: Safran SA – Business segments
Exhibit 111: Safran SA – Key news
Exhibit 112: Safran SA – Key offerings
Exhibit 113: Safran SA – Segment focus
11.15 Textron Inc.
Exhibit 114: Textron Inc. – Overview
Exhibit 115: Textron Inc. – Business segments
Exhibit 116: Textron Inc. – Key news
Exhibit 117: Textron Inc. – Key offerings
Exhibit 118: Textron Inc. – Segment focus
11.16 Thales Group
Exhibit 119: Thales Group – Overview
Exhibit 120: Thales Group – Business segments
Exhibit 121: Thales Group – Key offerings
Exhibit 122: Thales Group – Segment focus
11.17 The Boeing Co.
Exhibit 123: The Boeing Co. – Overview
Exhibit 124: The Boeing Co. – Business segments
Exhibit 125: The Boeing Co. – Key news
Exhibit 126: The Boeing Co. – Key offerings
Exhibit 127: The Boeing Co. – Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 128: Inclusions checklist
Exhibit 129: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 130: Currency conversion rates for US$
12.4 Research methodology
Exhibit 131: Research methodology
Exhibit 132: Validation techniques employed for market sizing
Exhibit 133: Information sources
12.5 List of abbreviations
Exhibit 134: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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