The production in the manufacture of air and spacecraft and related machinery sector in France has shown consistent growth. From 2024 onwards, the sector is forecasted to exhibit a steady upward trend. For the year 2024, production is expected to be 132.83 billion Euros, growing annually to reach 159.83 billion Euros by 2028. This indicates a projected Compound Annual Growth Rate (CAGR) over this period.
Future trends to watch include:
- Increasing demand for sustainable and eco-friendly aircraft technology.
- Rapid advancements in avionics and AI-driven maintenance solutions.
- Potential impacts of geopolitical shifts on aerospace supply chains.
