The production of aircraft launching gear in Germany stood at 15.947 million items in 2023. Historically, the industry experienced significant growth particularly from 2016 onwards, with notable increases in production value in 2017 (5.13%), 2018 (11.29%), and 2021 (15.69%). However, production saw a modest decline in 2022 (-2.77%), followed by a slight recovery in 2023 (2.15%). The five-year CAGR from 2019 to 2023 was 4.68%, indicating a steady upward trend.
Looking forward, forecasted data suggests a continued increase with a 2028 projection of 17.576 million items, translating to a forecasted five-year growth rate of 7.96% and a CAGR of 1.54% from 2024 to 2028.
Future trends to watch for include potential advancements in aircraft technology and increased demand for aerospace equipment, which could drive higher production rates. Additionally, monitoring geopolitical factors and economic conditions that impact the aerospace industry will be crucial for anticipating market shifts.
