Germany leads the European aircraft and spacecraft repair and maintenance market with a turnover of €13.66 billion. The UK and Hungary follow, with €5.33 billion and €2.13 billion respectively. From 2023 to 2024, key markets like Germany experienced a 6.3% rise while France saw a significant 10.21% decline. Rising markets include Hungary with a 12.4% increase and Bulgaria with a 20.58% increase. Italy showed a marked decline of 8.52%. Smaller markets like Slovakia, Slovenia, and Serbia showed positive variations.
Looking ahead, factors influencing future trends include:
- Technological advancements in maintenance processes.
- Increasing demand for green aviation solutions.
- Regulatory changes impacting operational practices.
- Geopolitical factors affecting the supply chain and workforce availability.
Top countries in Repair and Maintenance of Aircraft and Spacecraft Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 13,660 | 2023 | +14.65% | +6.3% | View data |
| 2 | 2 United Kingdom | 5,330 | 2023 | +1.02% | -1.84% | View data |
| 3 | 3 Hungary | 2,130 | 2023 | +25.12% | +12.4% | View data |
| 4 | 4 France | 1,180 | 2023 | -4.6% | -10.21% | View data |
| 5 | 5 Spain | 595.2 | 2023 | +9.5% | -1.15% | View data |
| 6 | 6 Norway | 465.1 | 2023 | +0.19% | +0.49% | View data |
| 7 | 7 Belgium | 361.3 | 2023 | +4.54% | +6.94% | View data |
| 8 | 8 Portugal | 355.5 | 2023 | +6.5% | +8.65% | View data |
| 9 | 9 Finland | 342.1 | 2023 | +4.87% | +6.69% | View data |
| 10 | 10 Lithuania | 223.9 | 2023 | +13.42% | +5.81% | View data |
