Aerospace Industry in Mexico Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

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.