BROWSE THROUGH OUR TRADE FAIRS IN GERMANY FOR AEROSPACE, AIRPORT TECHNOLOGY INDUSTRY
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Germany
Introduction to the German aerospace industry
The Federative Republic of Germany is among the leading aviation and aerospace states. It is also the third-most-extensive aerospace and defence European market. It is because the country is one of Germany's significant contributors. For example, approximately 17% of global aircraft production occurs within the state. More than 115,000 specialists in more than 260 companies generate it.
Is the sector extensive and innovative?
As a result, the German aerospace industry has a high value. For instance, in recent years, the segment has generated 46 billion EUR. Additionally, the sector features a 73% export rate. The industry is of such high value due to several causes. Among them is the country's extensive focus and dedication to comprehensive research. For example, it has recently invested 8% of the total turnover.
Where does the sector present its innovations?
As a result, the sector continuously innovates its wares. Thus, they gain added value and safety. It enables the industry to provide high-quality service to other segments. These include tourism, leisure, logistics, and transportation. It is specifically applicable to the pre-eminent enterprises, including the Fortune 500 firms. Often, the sector presents its latest wares during annual and biannual trade expos. These attract tens of thousands of participants to diverse cities. These include Berlin, Frankfurt am Main, Hamburg, and Munich.