The aerospace industry export market share in Switzerland stood at 0.52% in 2023. The forecasted figures indicate a marginal declining trend from 2024 to 2028, dropping from 0.51% to 0.47%. Over the last two years, the year-on-year variation shows a steady decline, pointing to a slight contraction in the market share. The Compound Annual Growth Rate (CAGR) over the next five years averages at approximately -2% per year.
Future trends to watch for:
- Technological advancements and innovations in aerospace manufacturing.
- Potential shifts in global trade policies and their impact on export markets.
- Emerging markets and new competitors affecting demand in traditional markets.
