In 2023, the European repair and maintenance sector for aircraft and spacecraft saw Germany leading in wages and salaries at 1.62 billion euros, while the United Kingdom followed with 0.6081 billion euros. Despite Germany's strong position with a 2.23% year-on-year growth, countries like Lithuania and Bulgaria experienced significant wage increases, notably 20.75% and 12.11%, respectively. Conversely, France saw a noticeable decline of 9.11%, indicating challenges within its sector. Finland showed growth with a 4.16% increase, while countries such as Italy and Norway faced slight declines.
Future trends to watch include:
- Potential stabilization or growth in countries experiencing current declines due to strategic policy adjustments and investment.
- The impact of technological advancements which could further influence wage dynamics and require skill development, particularly in leading nations like Germany.
- Eastern European countries may continue to surge with increased investment and interest in the sector, potentially altering the current distribution of wages and salaries across Europe.
Top countries in Repair and Maintenance of Aircraft and Spacecraft Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,620 | 2023 | +10.24% | +2.23% | View data |
| 2 | 2 United Kingdom | 608.1 | 2023 | -1.39% | -2.48% | View data |
| 3 | 3 France | 163 | 2023 | -11.22% | -9.11% | View data |
| 4 | 4 Hungary | 144.7 | 2023 | +10.12% | -2.58% | View data |
| 5 | 5 Spain | 106.8 | 2023 | +3.09% | +0.86% | View data |
| 6 | 6 Finland | 85.7 | 2023 | +4.26% | +4.16% | View data |
| 7 | 7 Lithuania | 80.6 | 2023 | +20.84% | +20.75% | View data |
| 8 | 8 Italy | 75.9 | 2023 | +5.86% | -1.61% | View data |
| 9 | 9 Norway | 68.4 | 2023 | -0.44% | -1.4% | View data |
| 10 | 10 Portugal | 59.6 | 2023 | +2.23% | +1.92% | View data |
