The sold production of aircraft and spacecraft repair and maintenance in France has shown a progressive increase from 2013 to 2019, followed by a significant dip in 2020 due to pandemic-related disruptions. The value stood at 5.2552 billion Euros in 2023. There was a notable recovery with a 10.4% year-on-year growth in 2023. Over the past five years, the average annual growth rate (CAGR) was 2.04%. The long-term trend indicates strong recovery and sustained growth with forecasted values reaching 6.3135 billion Euros by 2028, reflecting a 2.91% CAGR over the next five years.
Future trends to watch for include the impacts of technological advancements in aircraft maintenance, increasing air travel demand, and sustainable aviation practices. The continued recovery post-pandemic and investments in state-of-art infrastructure will be key drivers for growth in this sector.
