The European production value of renting and leasing air transport equipment shows France as the leader with 36.89 million euros, followed by the UK and Spain. Robust growth is evident in Belgium with a 33.28% increase, Portugal with 43.1%, and Hungary with 21.25% in 2023. Over the last five years, there have been notable developments, with considerable expansions in certain countries, such as Spain and Malta, indicating burgeoning markets. Conversely, Italy and Luxembourg show slight declines, highlighting potential areas of concern.
Future trends suggest potential growth in Eastern Europe with improving economic conditions and increased demand for leasing services. Additionally, technological advancements and sustainability trends are expected to impact leasing and renting practices across Europe.
Top countries in Production Value of Renting and Leasing of Air Transport Equipment Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 36.89 | 2023 | +4.32% | +4.13% | View data |
| 2 | 2 United Kingdom | 21.48 | 2023 | +4.87% | +2.84% | View data |
| 3 | 3 Spain | 11.87 | 2023 | +10.16% | +12.59% | View data |
| 4 | 4 Norway | 7.33 | 2023 | +18.59% | +4% | View data |
| 5 | 5 Germany | 5.13 | 2023 | +1.34% | +7.77% | View data |
| 6 | 6 Malta | 5.04 | 2023 | +7.7% | +9.31% | View data |
| 7 | 7 Sweden | 4.62 | 2023 | +9.84% | +2.16% | View data |
| 8 | 8 Belgium | 4.06 | 2023 | +9.74% | +33.28% | View data |
| 9 | 9 Austria | 1.77 | 2023 | -1.18% | +15.32% | View data |
| 10 | 10 Iceland | 1.64 | 2023 | +7.06% | +3.72% | View data |
