In 2024, the forecasted sold production of civil aircraft and aircraft engines repair and maintenance in Germany reaches 13.526 billion Euros. Compared to the prior year, this indicates an increase from the actual figures in 2023. The forecast for the subsequent years shows a positive growth trend, with values climbing to 14.393 billion Euros in 2025, 15.252 billion Euros in 2026, 16.102 billion Euros in 2027, and reaching 16.944 billion Euros in 2028.
The year-on-year growth highlights a steady increase with average annual growth rates reflecting healthy expansion in this sector. The compound annual growth rate (CAGR) over the five-year forecast period suggests consistent development aligned with broader industry trends.
Future Trends to Watch For:
- Technological advancements and innovations in aircraft manufacturing and maintenance.
- Increased demand for eco-friendly and fuel-efficient aircraft.
- Regulatory impacts on aviation emissions and sustainability initiatives.
- Recovery pace of the global aviation industry post-pandemic and its influence on Germany's production capacity.