In 2023, Italy led with 15 high-growth enterprises in the aircraft and spacecraft sector. Hungary and Czech Republic both followed with 9 enterprises. Portugal, Slovakia, Lithuania, Latvia, and Romania had fewer such enterprises, with the latter two experiencing a significant decline in numbers. Year-on-year variations highlighted notable growth in Hungary (35.1%) and Slovakia (14.87%), while Latvia and Romania saw a complete decline (-100%). The longer-term data suggest stable trends with moderate growth, except for substantial changes in Latvia and Romania.
Future trends to watch include potential expansions in Hungary and Slovakia leveraging their recent growth spikes. The trajectory in Italy suggests sustained leadership, while close monitoring of Latvia and Romania will be essential to understand reversing their sudden downturns in high-growth enterprises.
Top countries in Number of High Growth Enterprises in Aircraft and Spacecraft by Country
| # | 8 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 15 | 2023 | +7.14% | +1.39% | View data |
| 2 | 2 Hungary | 9 | 2023 | +12.5% | +35.1% | View data |
| 3 | 3 Czech Republic | 9 | 2023 | +12.5% | 0% | View data |
| 4 | 4 Portugal | 6 | 2023 | +20% | +5.92% | View data |
| 5 | 5 Slovakia | 4 | 2023 | +33.33% | +14.87% | View data |
| 6 | 6 Lithuania | 2 | 2023 | +100% | View data | |
| 7 | 7 Latvia | 1 | 2023 | -100% | View data | |
| 8 | 8 Romania | 1 | 2023 | -100% | View data |
