Argentina Aerospace Engineering Services Airlines Market
Argentina Aerospace Engineering Services Airlines Market Research Report By Service Type (Design Engineering, Certification Services, Maintenance, Repair, Overhaul, Systems Integration, Technical Support Services), By Aircraft Type (Commercial Aircraft, Cargo Aircraft, Business Jets, Helicopters) and By End User (Full-Service Airlines, Low-Cost Carriers, Cargo Airlines, Charter Airlines)- Forecast to 2035
Industry Developments
In recent months, the Argentina Aerospace Engineering Services Airlines Market has seen notable developments as Argentina aims to bolster its aerospace capabilities. Lockheed Martin continues to engage in discussions with local authorities to enhance defense cooperation, while Airbus Defence and Space is expected to contribute to satellite and communication systems.
Notably, in December 2022, Aerolineas Argentinas announced a strategic partnership with Boeing to modernize its fleet, enhancing operational efficiency and sustainability. Similarly, in January 2023, Embraer revealed plans to expand its assembly and manufacturing operations in Argentina, indicating growth in regional aircraft production. Additionally, the valuation of companies like Raytheon and Leonardo has been positively impacted by increased investments in military and aviation services, signaling a broader industry trend towards modernization and efficiency amid growing demand for air travel.
In April 2023, Sierra Nevada Corporation completed a collaborative program aimed at improving aviation technologies in Argentina. The government has also focused on creating legislative frameworks to promote private investment in aerospace, further stimulated by international interest in the region’s potential for innovation in engineering services. The collaborative efforts and investments suggest a strengthening of Argentina's position in the aerospace engineering sector.
Report Scope
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2023 | 1.5(USD Billion) |
| MARKET SIZE 2024 | 1.52(USD Billion) |
| MARKET SIZE 2035 | 2.86(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 5.904% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Lockheed Martin, Airbus Defence and Space, Airbus, Fokker Technologies, Leonardo, Rockwell Collins, Aerolineas Argentinas, Avianca, Raytheon, Embraer, Sierra Nevada Corporation, Bombardier, Boeing, Northrop Grumman, L3 Harris Technologies |
| SEGMENTS COVERED | Service Type, Aircraft Type, End User |
| KEY MARKET OPPORTUNITIES | Growth in regional air travel, Increasing demand for maintenance services, Investment in modernization technologies, Expansion of aerospace manufacturing, Development of drone services market |
| KEY MARKET DYNAMICS | increasing airline demand, government investment initiatives, technology integration advancements, competitive service pricing, regulatory compliance challenges |
| COUNTRIES COVERED | Argentina |
FAQs
What is the expected market size of the Argentina Aerospace Engineering Services Airlines Market in 2024?
The market is expected to be valued at 1.52 USD Billion in 2024.
What is the anticipated market size by 2035 for the Argentina Aerospace Engineering Services Airlines Market?
By 2035, the market size is projected to reach 2.86 USD Billion.
What is the expected compound annual growth rate (CAGR) for the market from 2025 to 2035?
The expected CAGR for the Argentina Aerospace Engineering Services Airlines Market is 5.904 % during the forecast period.
Which service type in the Argentina Aerospace Engineering Services Airlines Market holds the highest value in 2024?
Maintenance holds the highest value at 0.45 USD Billion in 2024.
How much is the Design Engineering segment expected to grow by 2035?
The Design Engineering segment is expected to grow from 0.36 USD Billion in 2024 to 0.67 USD Billion by 2035.
Who are some key players in the Argentina Aerospace Engineering Services Airlines Market?
Key players include Lockheed Martin, Airbus Defence and Space, and Boeing among others.
What is the projected value of Certification Services in 2035?
The projected value for Certification Services is expected to reach 0.48 USD Billion by 2035.
How much is the Overhaul segment forecasted to be worth in 2035?
The Overhaul segment is forecasted to be worth 0.38 USD Billion in 2035.
What are the growth drivers for the Argentina Aerospace Engineering Services Airlines Market?
Growth drivers include increasing demand for maintenance and repair services in the aviation industry.
What is the value of the Repair segment in 2024?
The Repair segment is valued at 0.25 USD Billion in 2024.
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