The import of aircraft launching gear and flight simulators to Indonesia is projected to decline from 2024 through 2028. In 2023, the value stood at $18.692 million. From 2024 to 2025, there's a projected year-on-year decrease of approximately 3.02%. In the subsequent years, the import value continues to drop gradually: by 3.05% in 2026, 3.09% in 2027, and 3.13% in 2028. Over these five years, the Compound Annual Growth Rate (CAGR) is expected to be around -3.06%, indicating a consistent contraction in import volumes.
Future trends to watch for include:
- Technological advancements in domestic production capabilities.
- Potential shifts in government policies impacting import regulations and defense budgets.
- Changes in global market dynamics and supplier competitiveness relating to aircraft launching gear and flight simulators.
