The production value of civil helicopters in the EU28 has seen fluctuations over the past decade, with significant peaks and troughs. In 2023, the sold production stood at 3.637 billion Euros. The most notable yearly changes included a 41.24% increase in 2017 and a 37.59% decrease in 2018. Over the past five years, the CAGR indicates a nearly stable trend with minor declines, averaging around -0.38%. The market shows a slight downward trajectory with a forecasted 5-year growth rate of -1.87%, suggesting limited market expansion in the near future.
Future trends to watch for include advancements in helicopter technology, potential market shifts towards more sustainable and electric-powered models, and the impact of geopolitical and economic factors on governmental and corporate spending in the aerospace sector.
