The analysis of aircraft and spacecraft hours worked in Italy from 2013 to 2023 shows fluctuations with a marked increase from 2016 onwards, reaching 81.69 million hours in 2023.
Year-on-year variations reveal an early decline (-2.78% in 2013) followed by minor oscillations, with a significant jump in 2016 (33.38%). The period from 2017 to 2019 marked stable growth, averaging 2.5%. A notable drop occurred in 2020 (-11.68%) due to external disruptions, followed by a recovery seen from 2021 to 2023, culminating in a 4.12% increase in 2023.
Over the last two years (2022-2023), the year-on-year growth has been approximately 4.82%. The compound annual growth rate (CAGR) over the past five years stands at 1.5%, suggesting a moderate growth trend.
Future trends to watch for include technological advancements, government investments, and global market conditions. The forecast period (2024-2028) anticipates a steady CAGR of 1.23% with a cumulative growth rate of 6.29%, indicating sustained expansion in the sector.
