The turnover for the repair and maintenance of aircraft and spacecraft in France has seen significant fluctuations from 2013 to 2023. The year-on-year variations reveal a steep decline in 2014 (-40.35%) following the previous year and periods of moderate recovery and further decline through 2023 (-4.6%). Over the last two years (2022-2023), the overall decrease was significant. The 2023 value stood at €1.18 billion. The five-year CAGR from 2019 to 2023 was -10.21%, indicating a substantial decline.
Looking ahead, the forecast data from 2024 to 2028 indicates a continuous downturn, with a forecasted five-year CAGR of -11.26%. By 2028, the expected value is projected to be €0.5828 billion, pointing to an anticipated overall contraction by 44.98% from 2023. Future trends to watch include potential market recovery efforts, technological advancements in maintenance operations, and geopolitical factors influencing the aerospace industry.
