In 2023, R&D expenditure in aircraft and spacecraft manufacturing across selected European countries varied significantly, with Italy leading at €682.87 million, followed by Spain at €474.96 million. Poland and the Czech Republic saw growth in their R&D spending, with Poland experiencing a 13.25% increase, and the Czech Republic at 6.21%. In contrast, Italy and Portugal experienced declines of 8.47% and 2.46%, respectively. Finland showed substantial growth with a 27.31% increase, while Serbia had a moderate rise of 2.65%. Bosnia and Herzegovina had minimal investment.
Future trends to watch:
- Increased focus on sustainable and innovative aerospace technologies.
- Potential shifts in funding priorities towards green and digital transformation.
- Possible collaborations and partnerships to enhance R&D capabilities.
- Impact of governmental policies and EU funding programs on R&D investments.
Top countries in Business Expenditure on R&D in Aircraft and Spacecraft Manufacturing by Country
| # | 8 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 682.87 | 2023 | -0.57% | -8.47% | View data |
| 2 | 2 Spain | 474.96 | 2021 | View data | ||
| 3 | 3 Poland | 99.81 | 2023 | +20.77% | +13.25% | View data |
| 4 | 4 Czech Republic | 74.94 | 2023 | +10.88% | +6.21% | View data |
| 5 | 5 Portugal | 15.34 | 2023 | +0.69% | -2.46% | View data |
| 6 | 6 Finland | 10.04 | 2023 | +6.7% | +27.31% | View data |
| 7 | 7 Bosnia and Herzegovina | 0.24 | 2021 | View data | ||
| 8 | 8 Serbia | 0.16 | 2023 | +8.78% | +2.65% | View data |
