Between 2013 and 2023, the sold production of civil helicopter reconditionning in the EU28 fluctuated significantly. After experiencing strong growth from 2013 to 2017, the market faced a steep decline in 2018. Modest improvements followed, although fluctuations remained evident. From 2020 to 2023, the market showed slight growth but remained relatively stable.
The year-on-year variations point to the volatility within the market. The compound annual growth rate (CAGR) from 2019 to 2023 was modest at 0.34%, reflecting a lateral growth trajectory. The forecast from 2024 to 2028 predicts a gradual decrement with a forecasted CAGR of -1.48%, signaling a potential decline in market vitality over the next five years.
Future Trends to Watch For:
- Impact of new aerospace regulations and environmental standards on the reconditionning market.
- Technological advancements in helicopter engineering and maintenance processes.
- The potential for market recovery driven by increased demand in emerging markets.
- Response to fluctuations in sectors heavily reliant on helicopter services, such as emergency services and offshore oil.
