The market is dominated by domestic suppliers, as imports account for 45.3% of total market size in 2023. Investments drive market demand, with investments representing 55.1% of total demand in 2023. Spain has the sixth largest market size for aircraft and spacecraft regionally, with demand reaching USD11.5 billion in 2023. Airbus Defence & Space SA is the largest company in Spain, generating 36.6% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 62.8% of total production value in 2023. The total number of companies increases in 2023, to 131 units. The costs of the industry increase by 22.6% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 16.7% of production value in 2023, the fourth highest regionally. The industry’s exports share decreases in 2023 to 50.1% of total production output. With production value of USD12.3 billion, Spain accounts for 5.1% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Aircraft and Spacecraft in Spain: ISIC 353. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Aircraft and Spacecraft in Spain: ISIC 353 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of aircraft and spacecraft, motors vehicles, trailers and semi-trailers, motocycles, bicycles and other transport equipment, railway and tramway locomotives and rolling stock, and ships and boats.
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