The market of renting and leasing air transport equipment in Europe shows significant variation by country. As of 2023, the United Kingdom leads with a substantial value of €43.3 million, growing modestly at 3.59% in the past year. Germany and Spain follow, with Germany experiencing remarkable growth of 56.4%. Belgium and France also show strong increases around 60.67% and 23.41% respectively.
Future trends to watch include:
- Continued growth in major markets like Germany and Spain driven by increasing demand.
- The impact of economic fluctuations on smaller markets like Hungary and Denmark.
- Potential stabilization in countries showing rapid growth due to market saturation.
Top countries in Wages and Salaries of Renting and Leasing of Air Transport Equipment Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 43.3 | 2023 | +4.96% | +3.59% | View data |
| 2 | 2 Germany | 20.19 | 2023 | +35.19% | +56.4% | View data |
| 3 | 3 Spain | 20.05 | 2023 | +16% | +21.02% | View data |
| 4 | 4 Luxembourg | 3.1 | 2023 | +4.67% | +5.43% | View data |
| 5 | 5 Belgium | 2.52 | 2023 | +9.64% | +60.67% | View data |
| 6 | 6 France | 2.3 | 2023 | 0% | +23.41% | View data |
| 7 | 7 Austria | 1.88 | 2023 | 0% | +2.2% | View data |
| 8 | 8 Italy | 1.6 | 2023 | +5.45% | +3.01% | View data |
| 9 | 9 Poland | 1.47 | 2023 | +6% | +6.33% | View data |
| 10 | 10 Lithuania | 1.41 | 2023 | +27.5% | +14.42% | View data |
