In 2023, France led European sold production of avionics with 2.4188 billion Euros, registering a year-on-year growth of 1.28%. The United Kingdom followed with 0.67881 billion Euros and a 1.35% increase. Spain posted a significant rise of 1.74%, reaching 0.29219 billion Euros. Germany, with a value of 0.18213 billion Euros, experienced robust growth of 6.17%. Italy's production grew by 6.23% to 0.096195 billion Euros. Norway, showing the highest growth rate of 13.4%, reached 0.082191 billion Euros. Portugal, despite a minor decline of -1.67%, still had 0.0048545 billion Euros. Denmark had the highest surge, increasing by 50.67% to 0.0010354 billion Euros.
Future trends to watch for European sold production of avionics by country include the impact of increasing demand for advanced avionics systems, potential technological advancements, and geopolitical factors affecting production and trade. Market players should also monitor sustainability trends and regulatory changes that could influence production dynamics.
Top countries in Sold Production of Avionics by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,418,800,000 | 2023 | +7.49% | +1.28% | View data |
| 2 | 2 United Kingdom | 678,810,000 | 2023 | +0.51% | +1.35% | View data |
| 3 | 3 Spain | 292,190,000 | 2023 | +2.02% | +1.74% | View data |
| 4 | 4 Germany | 182,130,000 | 2023 | +4.51% | +6.17% | View data |
| 5 | 5 Italy | 96,195,000 | 2023 | +9.06% | +6.23% | View data |
| 6 | 6 Norway | 82,191,000 | 2023 | +2.04% | +13.4% | View data |
| 7 | 7 Portugal | 4,854,500 | 2023 | +2.17% | -1.67% | View data |
| 8 | 8 Denmark | 1,035,400 | 2023 | -0.94% | +50.67% | View data |
