The repair and maintenance of aircraft and spacecraft in Germany have shown fluctuating patterns over the last decade. In 2023, the sector stood at 38.77 million hours. Post-COVID-19 recovery is evident with notable year-on-year growth: 6.03% from 2022 to 2023. The average annual growth rate over the past five years (CAGR) has been 0.49%. Forecast data suggests slight but steady growth with a forecasted 5-year CAGR of 0.63% and an overall growth rate of 3.17% by 2028, reaching 40.328 million hours.
Future Trends to Watch For:
- Technological advancements in aircraft and spacecraft maintenance, including the use of AI and robotics.- Shifts in global travel patterns and continued recovery from the pandemic.- Evolving regulations and sustainability requirements, potentially increasing hours worked.
