Forecast: Gross Investment in Manufacture of Air and Spacecraft and Related Machinery Sector in the UK

The UK manufacturing sector for air and spacecraft and related machinery shows a consistent upward trend in gross investment, with projected values of £1.61 billion in 2024 rising to £1.80 billion by 2028. This indicates a year-on-year growth, with a compound annual growth rate (CAGR) for the 2024–2028 period. In comparison to 2023, the sector's investment value showcased a steady increase, reinforcing confidence in continued expansion.

Future trends to watch include:

  • Technological advancements driving efficiency and production capabilities.
  • Government policies impacting defense and space exploration funding.
  • Global market demand fluctuations affecting investment levels.
  • Alignment with sustainability and carbon neutrality goals in manufacturing processes.

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