From 2013 to 2023, the aircraft and spacecraft wages and salaries in France showed significant fluctuations. Starting at 4.91 billion Euros in 2013 and reaching 9.9 billion Euros in 2023, the sector experienced various year-on-year changes, peaking in 2017 with a 23.42% increase. After a significant dip in 2020 (-9.77%), the industry regained momentum with a 20.92% rise in 2021. The compound annual growth rate (CAGR) over the last five years stood at 3.67%. This suggests a general upward trend, albeit with periodic volatility.
Looking ahead, the forecast for 2024 and beyond shows continued growth, with a projected CAGR of 3.07% leading to a 16.31% increase by 2028. This growth reflects stable expansion in the industry as it adapts to new technologies and increased demand. Key trends to watch for include the impact of technological advancements, shifts in global demand, and policy changes related to the aerospace and defense sectors.
