The United Kingdom leads the EU air transport market with significant value at €29.19 billion in 2023, reflecting its continued dominance. Germany and France hold substantial shares, valued at €23.2 billion and €20.78 billion respectively, showing stable growth trends over recent years. Italy, the Netherlands, and Spain follow suit, with values exceeding €10 billion, signaling robust market performance and resilience. Ireland, Norway, Portugal, and Belgium maintain moderate market contributions, with values ranging from €3.57 billion to €6.82 billion as of 2023. Recent annual growth has been steady, with a notable CAGR over five years indicating a gradual, healthy sector expansion.
Future trends to watch in the EU air transport industry include technological advancements driving efficiency, sustainability measures reducing carbon footprints, infrastructure investments, and potential regulatory changes. The growing demand for air travel and the expansion of airline networks point to a vibrant future, with digital innovation and customer experience enhancing competitive dynamics among these leading markets.
Top countries in Top EU Countries with the Largest Air Transport Industry
# | 10 Countries | Million Euros | Last Year | |
---|---|---|---|---|
1 | 1 United Kingdom | 29,190 | 2016 | |
2 | 2 Germany | 23,200 | 2016 | |
3 | 3 France | 20,780 | 2016 | |
4 | 4 Italy | 11,020 | 2016 | |
5 | 5 Netherlands | 10,790 | 2016 | |
6 | 6 Spain | 10,440 | 2016 | |
7 | 7 Ireland | 6,820 | 2016 | |
8 | 8 Norway | 3,740 | 2016 | |
9 | 9 Portugal | 3,700 | 2016 | |
10 | 10 Belgium | 3,570 | 2016 |