The analysis of high-growth enterprises in the air transport sector across Europe in 2023 shows significant variations. Italy leads with a value of 17 enterprises, slightly declining by 3.2% compared to the previous year. Portugal and Slovakia are notable, with slight growth in Portugal at 0.93% and significant growth of 20.11% in Slovakia. Other countries, like Hungary and Romania, remained stable. In contrast, Norway, Latvia, and Iceland experienced declines of over 12%. The compound average growth rate over the last five years highlights ongoing challenges and opportunities in Europe's air transport sector.
Future trends to watch include the potential impact of sustainability initiatives and technological advancements on growth dynamics. Enhancing competitiveness across various countries as they adapt may reshape the landscape. Monitoring policy changes and investments in infrastructure will be crucial to understanding future growth trajectories in this sector.
Top countries in Number of High Growth Enterprises in Air Transport by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 17 | 2023 | +13.33% | -3.2% | View data |
| 2 | 2 Portugal | 11 | 2023 | +22.22% | +0.93% | View data |
| 3 | 3 Hungary | 6 | 2023 | 0% | 0% | View data |
| 4 | 4 Lithuania | 6 | 2023 | +20% | -3.04% | View data |
| 5 | 5 Slovakia | 5 | 2023 | +25% | +20.11% | View data |
| 6 | 6 Romania | 2 | 2023 | 0% | 0% | View data |
| 7 | 7 Norway | 2 | 2023 | 0% | -16.74% | View data |
| 8 | 8 Czech Republic | 2 | 2023 | 0% | 0% | View data |
| 9 | 9 Latvia | 1 | 2023 | 0% | -12.94% | View data |
| 10 | 10 Iceland | 1 | 2023 | 0% | -12.94% | View data |
