In 2023, Germany dominated the European sold production of aircraft and spacecraft repair and maintenance market, commanding a significant 40.96% share, up by 5.42% from the previous year. The United Kingdom followed, although it experienced a slight decline of 0.73%, holding a 17.97% share. France maintained its position with a 17.02% share, experiencing a modest increase of 2.04%. The Netherlands also saw growth, holding 7.05%, a 1.66% rise. Spain and Portugal’s shares increased to 3.73% and 2.24%, respectively, with notable 3.83% and 2.46% growths. Smaller markets like Hungary, Norway, and Finland showed significant year-on-year increases of 8.58%, 3.39%, and 8.55%. Conversely, Ireland and Iceland saw declines of 1.22% and 32.47%, respectively.
Future trends to watch for include Germany's continuing dominance and the potential rise of Southern and Eastern European countries like Spain, Portugal, Hungary, and Slovakia that demonstrated robust growth. Monitoring technological advancements, regulatory changes, and strategic partnerships will be crucial in understanding shifts in market shares and identifying emerging leaders in the sector.
Top countries in Sold Production of Aircraft and Spacecraft Repair and Maintenance Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 40.96 | 2023 | +13.94% | +5.42% | View data |
| 2 | 2 United Kingdom | 17.97 | 2023 | +1.65% | -0.73% | View data |
| 3 | 3 France | 17.02 | 2023 | +10.4% | +2.04% | View data |
| 4 | 4 Netherlands | 7.05 | 2023 | +8.13% | +1.66% | View data |
| 5 | 5 Spain | 3.73 | 2023 | +7.56% | +3.83% | View data |
| 6 | 6 Portugal | 2.24 | 2023 | +9.79% | +2.46% | View data |
| 7 | 7 Norway | 1.7 | 2023 | +10.63% | +3.39% | View data |
| 8 | 8 Hungary | 1.24 | 2023 | +4.58% | +8.58% | View data |
| 9 | 9 Italy | 1.04 | 2023 | +13.23% | +11% | View data |
| 10 | 10 Belgium | 1.01 | 2023 | +5.39% | +3.38% | View data |