In 2023, Germany led in European Sold Production of Aircraft Launching Gear with significant growth of 20.69%. Denmark and Sweden experienced the most substantial percentage increases, by 34.95% and 36.79% respectively. Conversely, Italy witnessed a decline of 0.46% and Romania fell by 9.24%. Minimal growth was noted in France, Netherlands, and Hungary. Latvia notably decreased by 24.84%.
Looking ahead, increased automation and technological advancements are projected to further drive Germany's production dominance. Emerging economies may see incremental growth by tapping into niche markets, but economic uncertainties could pose risks.
Top countries in Sold Production of Aircraft Launching Gear Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 40.5 | 2023 | +4.28% | +20.69% | View data |
| 2 | 2 Italy | 20.88 | 2023 | +6.74% | -0.46% | View data |
| 3 | 3 Denmark | 8.74 | 2023 | +23.42% | +34.95% | View data |
| 4 | 4 France | 6.73 | 2023 | +7.59% | +2.24% | View data |
| 5 | 5 United Kingdom | 4.93 | 2023 | +1.74% | +1.98% | View data |
| 6 | 6 Austria | 3.7 | 2023 | +8.29% | +4.67% | View data |
| 7 | 7 Netherlands | 3.63 | 2023 | +3.71% | +0.52% | View data |
| 8 | 8 Spain | 3 | 2023 | +5.66% | +1.31% | View data |
| 9 | 9 Czechia | 2.78 | 2023 | |||
| 10 | 10 Finland | 2.63 | 2023 | +5.6% | +0.9% | View data |