Germany Aerospace And Defense Mro Market Size & Outlook
Germany aerospace and defense mro market, 2018-2030 (US$M)
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Germany aerospace and defense mro market highlights
- The Germany aerospace and defense mro market generated a revenue of USD 5,594.3 million in 2021 and is expected to reach USD 7,928.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.9% from 2022 to 2030.
- In terms of segment, engine was the largest revenue generating product in 2021.
- Line is the most lucrative product segment registering the fastest growth during the forecast period.
Aerospace and defense mro market data book summary
| Market revenue in 2021 | USD 5,594.3 million |
| Market revenue in 2030 | USD 7,928.0 million |
| Growth rate | 3.9% (CAGR from 2021 to 2030) |
| Largest segment | Engine |
| Fastest growing segment | Line |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Engine, Airframe, Line, Components |
| Key market players worldwide | AAR Corp, SIA Engineering Co Ltd, Embraer SA ADR, Air France-KLM, RTX Corp, Delta Air Lines Inc, General Dynamics Corp, MTU Aero Engines AG, Deutsche Lufthansa AG, Honeywell International Inc, Boeing Co |
Other key industry trends
- In terms of revenue, Germany accounted for 5.2% of the global aerospace and defense mro market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK aerospace and defense mro market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 8,415.8 million by 2030.
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Aerospace And Defense MRO Market Scope
Aerospace And Defense MRO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany aerospace and defense mro market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerospace and defense mro market will help companies and investors design strategic landscapes.
Engine was the largest segment with a revenue share of 36.38% in 2021. Horizon Databook has segmented the Germany aerospace and defense mro market based on engine, airframe, line, components covering the revenue growth of each sub-segment from 2018 to 2030.
As per the Federal Ministry of Economic Affairs and Energy (BMWi), German economy is the fourth largest in the world and accounted for one-quarter of the European Union’s GDP in 2020.
The aerospace sector is the priority of the German government, and it lists aerospace as a key industry with high growth and a strong industrial core in Germany.
German aerospace & defense industry includes all business segments that collaborate and partner along the whole value chain, from manufacturing and component suppliers to system integrators, R&D, design, and MRO activities.
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Target buyers of Germany aerospace and defense mro market databook
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Our clientele includes a mix of aerospace and defense mro market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany aerospace and defense mro market , including forecasts for subscribers. This country databook contains high-level insights into Germany aerospace and defense mro market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany aerospace and defense mro market size, by product, 2018-2030 (US$M)
Germany Aerospace And Defense MRO Market Outlook Share, 2021 & 2030 (US$M)
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