In 2023, France led the European market in renting and leasing air transport equipment, with a production value of 2.28 billion euros, followed by the United Kingdom at 1.33 billion euros. Spain showed significant growth, increasing by 12.59% year-on-year. Belgium had the most substantial rise at 33.28%, while other notable growth rates included Austria (15.32%), Hungary (21.25%), and Greece (21.67%). However, countries like Italy and Luxembourg experienced declines.
Looking forward, Europe might witness increased investments in sustainable and efficient air transport solutions. The focus will likely be on enhancing technological adoption and expanding service networks, spurred by environmental considerations and market demand shifts.
Top countries in Production Value of Renting and Leasing of Air Transport Equipment by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,280 | 2023 | +4.32% | +4.13% | View data |
| 2 | 2 United Kingdom | 1,330 | 2023 | +4.87% | +2.84% | View data |
| 3 | 3 Spain | 734 | 2023 | +10.16% | +12.59% | View data |
| 4 | 4 Norway | 452.8 | 2023 | +18.59% | +4% | View data |
| 5 | 5 Germany | 317.3 | 2023 | +1.34% | +7.77% | View data |
| 6 | 6 Malta | 311.8 | 2023 | +7.7% | +9.31% | View data |
| 7 | 7 Sweden | 285.8 | 2023 | +9.84% | +2.16% | View data |
| 8 | 8 Belgium | 250.7 | 2023 | +9.74% | +33.28% | View data |
| 9 | 9 Austria | 109.3 | 2023 | -1.18% | +15.32% | View data |
| 10 | 10 Iceland | 101.6 | 2023 | +7.06% | +3.72% | View data |
