America Freighter Aircraft Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The American Freighter Aircraft Market is Segmented by Type (Dedicated Cargo Aircraft and Derivative of Non-Cargo Aircraft), Engine Type (Turboprop and Turbofan), and Geography (North America and Latin America). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

America Freighter Aircraft Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

America Freighter Aircraft Market Size

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America Freighter Aircraft Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 3.84 Billion
Market Size (2030) USD 4.50 Billion
CAGR (2025 - 2030) 3.21 %
Market Concentration High

Major Players

America Freighter Aircraft Market Major Players

*Disclaimer: Major Players sorted in no particular order

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America Freighter Aircraft Market Analysis

The America Freighter Aircraft Market size is estimated at USD 3.84 billion in 2025, and is expected to reach USD 4.50 billion by 2030, at a CAGR of 3.21% during the forecast period (2025-2030).

A cargo aircraft or a freighter aircraft is a fixed-wing aircraft that is designed or converted for the carriage of cargo rather than passengers. Such aircraft usually do not incorporate passenger amenities and generally feature one or more large doors for loading cargo. Freighters may be operated by civil passenger or cargo airlines, by private individuals, or by the armed forces of individual countries.

The increase in the demand for air cargo leading to an increase in the demand for freighter aircraft in the American region and the increase in trade relationships among different countries are the major factors that will help the freighter aircraft market to witness significant growth during the forecast period. The increase in passenger-to-freighter conversions is expected to act as a solution for the air cargo capacity constraints due to the major demand driven by the e-commerce business.

On the other hand, increasing regulations will likely hamper the market in the long run. Various governments across the region are forming various regulations or policies to ensure smoother freighter operations. Although some freighter operators have adhered to the policies, there are many freighter operators who still need to comply with the policies, and this can lead to hampering freighter operations during the forecast period.

America Freighter Aircraft Industry Overview

The American freighter aircraft market is consolidated in nature, with a presence of few global players holding significant shares in the market. Some of the prominent players in the market are The Boeing Company, Airbus SE, Textron Inc., ATR, and Singapore Technologies Engineering Ltd. Increasing expenditure on passenger to freighter conversions from key OEMs and rising development of advanced solutions for cargo airlines drive the market growth. 

To address the increasing demand from the air cargo industry, the key players in the market are investing in developing a newer generation of freighter aircraft that will be more fuel-efficient. For instance, in 2022, the Boeing Company delivered the 100th contracted B737-800 Boeing Converted Freighter. The freighter aircraft was delivered to AerCap Cargo in September 2022. In addition to that, Airbus SE introduced the BelugaST 'Super-Transporter' aircraft, which is based on the A300-600 design and will be used to offer outsized freight transportation for customers worldwide.

America Freighter Aircraft Market Leaders

  1. Aibus SE

  2. The Boeing Company

  3. Textron Inc.

  4. ATR

  5. Singapore Technologies Engineering Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
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America Freighter Aircraft Market News

March 2023: DHL began cargo flights out of its new USD 55 million facility at the Felipe Angeles International Airport (AIFA), just north of Mexico City. DHL Express scheduled a daily flight six days a week from Cincinnati to AIFA with a capacity of 40 tons of cargo.

August 2022: UPS Airlines in the US planned to purchase eight new 767-300ER freighters from Boeing. The airline ordered 19 B767 freighters in December 2021. The carrier operates 292 aircraft, with 52 A300-600RFs, 40 MD-11Fs, and 28 brand-new Boeing B747-8Fs.

America Freighter Aircraft Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Aircraft Type
    • 5.1.1 Dedicated Cargo Aircraft
    • 5.1.2 Derivative of Non-Cargo Aircraft
  • 5.2 Engine Type
    • 5.2.1 Turboprop
    • 5.2.2 Turbofan
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.2 Latin America
    • 5.3.2.1 Brazil
    • 5.3.2.2 Mexico
    • 5.3.2.3 Rest of Latin America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Airbus SE
    • 6.1.2 ATR
    • 6.1.3 The Boeing Company
    • 6.1.4 Textron Inc.
    • 6.1.5 Air Transport Services Group, Inc.
    • 6.1.6 Aeronautical Engineers Inc.
    • 6.1.7 KF Aerospace
    • 6.1.8 Singapore Technologies Engineering Ltd.
    • 6.1.9 IAI
    • 6.1.10 Precision Aircraft Solutions
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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America Freighter Aircraft Industry Segmentation

A cargo aircraft or a freighter aircraft is a fixed-wing aircraft that is designed or converted for the carriage of cargo rather than passengers. Such aircraft usually do not incorporate passenger amenities and generally feature one or more large doors for loading cargo. Freighters may be operated by civil passenger or cargo airlines, by private individuals, or by the armed forces of individual countries.

The American freighter aircraft market is segmented based on aircraft type, engine type, and geography. By aircraft type, the market is segmented into dedicated cargo aircraft and derivative of non-cargo aircraft. By engine type, the market is segmented into turboprop and turbofan. The report also offers the market size and forecasts for three countries across the region. For each segment, the market sizing and forecasts have been done based on value (USD).  

Aircraft Type Dedicated Cargo Aircraft
Derivative of Non-Cargo Aircraft
Engine Type Turboprop
Turbofan
Geography North America United States
Canada
Latin America Brazil
Mexico
Rest of Latin America
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America Freighter Aircraft Market Research FAQs

How big is the America Freighter Aircraft Market?

The America Freighter Aircraft Market size is expected to reach USD 3.84 billion in 2025 and grow at a CAGR of 3.21% to reach USD 4.50 billion by 2030.

What is the current America Freighter Aircraft Market size?

In 2025, the America Freighter Aircraft Market size is expected to reach USD 3.84 billion.

Who are the key players in America Freighter Aircraft Market?

Aibus SE, The Boeing Company, Textron Inc., ATR and Singapore Technologies Engineering Ltd. are the major companies operating in the America Freighter Aircraft Market.

What years does this America Freighter Aircraft Market cover, and what was the market size in 2024?

In 2024, the America Freighter Aircraft Market size was estimated at USD 3.72 billion. The report covers the America Freighter Aircraft Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the America Freighter Aircraft Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

America Freighter Aircraft Industry Report

Statistics for the 2025 America Freighter Aircraft market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. America Freighter Aircraft analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.