The European market for civil aircraft and aircraft engines repair and maintenance witnessed varying growth trends across different countries in 2023. Germany led the sector with a share of 40.96 euros, marking a significant increase of 5.42% year-on-year. Meanwhile, the United Kingdom and Ireland experienced slight declines of 0.73% and 1.22%, respectively. Notably, countries like Hungary, Italy, and Finland showed substantial growth in this sector, with Hungary reaching an 8.58% increase, Italy 11.0%, and Finland 8.55%. In contrast, Austria and Iceland reported declines, with Iceland dropping significantly by 32.47%, highlighting regional disparities in market performance.
Looking ahead, the European civil aircraft and aircraft engines repair and maintenance sector is expected to continue its growth, driven by technological advancements and increased demand for aviation services. Countries with strong aerospace industries, such as Germany and France, are likely to maintain their leading positions. Emerging markets like Hungary and Italy might play a more significant role, contributing to the overall growth of Europe's aerospace maintenance sector.
Top countries in Sold Production of Civil Aircraft and Aircraft Engines 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 |
