The value of sold production of civil helicopter reconditioning in Italy has shown significant fluctuations from 2013 to 2023. Starting at 112.19 million euros in 2013, it reached a notable peak of 199.65 million euros in 2017, followed by a considerable drop in 2018. The year-on-year variations exhibit a high degree of volatility, with the most drastic increase of 58.1% in 2017 and a sharp decline of 48.88% in 2018. By 2023, the value stood at 114.88 million euros with a minimal increase of 1.42% from the previous year. The last five years leading to 2023 show a modest upward trend with a CAGR of 2.39%.
Future trends indicate a gradual and steady growth in the sector, with forecasted values showing a consistent increase until 2028. An anticipated CAGR of 1.05% over the next five years suggests a stable market performance.
Future trends to watch for include:
- Technological advancements in helicopter reconditioning.
- Growing demand for civil helicopters supporting industries like emergency medical services and tourism.
- Potential impact of regulatory changes on maintenance and reconditioning standards.
