North America Aircraft Aftermarket Parts Market by Application, by Military
| Label | US | Canada |
|---|---|---|
| 2015 | 9045 USD Mn | 2449.5 USD Mn |
| 2016 | 9411.9 USD Mn | 2587.9 USD Mn |
| 2017 | 9797.2 USD Mn | 2735 USD Mn |
| 2018 | 10219.2 USD Mn | 2896.1 USD Mn |
| 2019 | 10679.3 USD Mn | 3072.3 USD Mn |
| 2020 | 11169 USD Mn | 3261.6 USD Mn |
| 2021 | 11731.7 USD Mn | 3477.3 USD Mn |
| 2022 | 12323.7 USD Mn | 3707.4 USD Mn |
| 2023 | 12946.4 USD Mn | 3952.7 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
2023: US leads this comparison at 12.95B USD — 77% of the combined total across all 2 groups shown.
Second place: Canada, 3.95B USD, trailing US by 69%.
US grows to 12.95B USD by 2023, from 9.04B USD in 2015 — 43% up.
Canada: up 61% over the period, 2.45B USD to 3.95B USD.
The fastest mover is Canada, up 61% over the period — a steeper climb than any of the other 2 groups here.
Add every series together and the total reaches 16.90B USD by 2023, 47% above the 2015 combined figure of 11.49B USD.
How To Compare These 2 Groups
There are 2 separate series stacked into this one chart. Look at relative size and relative movement, not just whichever line sits highest.
The largest series today is not guaranteed to stay largest — check the growth rate of each group, not just its current size, before projecting the ranking forward.
Treat these values as a directional estimate of the North America Aircraft Aftermarket Parts market. They are most useful for comparing segments and regions against each other, and for spotting where demand is expected to build fastest.
Figures before the 2018 base year are historical estimates; the years through 2023 are projections built from industry data, company revenues, and primary interviews. Forecasts are revised as new data comes in, so check the full report for the latest assumptions.
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