Between 2013 and 2023, the production of air and spacecraft and related machinery in Denmark exhibited considerable fluctuations. The sector reached its lowest point in 2014, followed by a significant increase in subsequent years, peaking in 2023 at 869 million Danish Krones. Year-on-year variations ranged broadly, from a sharp decline of -44.4% in 2014 to considerable growth of 142.86% in 2015. Over the last two years, the industry experienced moderate growth, with increases of 9.31% in 2022 and 3.7% in 2023. The 5-year CAGR from 2019 to 2023 was stable at an average of 3.89% annually.
From 2024 onwards, forecast data indicates a steady upward trend, reaching 1030 million Danish Krones by 2028. The projected five-year CAGR stands at 2.69%, with an overall growth rate of 14.18% over the period. Future trends to watch for include technological advancements, increased investment in space exploration, and potential shifts in global aerospace demand that could influence production rates.
