ICEX-INVEST IN SPAIN

Aerospace

Industry Contact
Vanessa Guerrero Roldán
Investor Services Manager

The aerospace and defense sector is widely developed in Spain. The Spanish market reached a turnover of 9,700 million € in 2015 and employed more than 54,000 workers. It is characterized by its high growth and its significant investment in R&D, up to 11% of the turnover in the aeronautics sector.

The aeronautics companies established in Spain stand out in several fields, such as military transport and special mission aircraft, low pressure turbines, MRO activities, air-refueling aircraft and air traffic management. The Spanish industry takes part in the main European aeronautics development, both civil and military.

Why Spain?

  • The investment in R&D activities in the aerospace sector reached 858 M€ in year 2015, which amounts for 11% of this sub-sector turnover.
  • The Spanish Aerospace industry is the 5th in Europe in terms of turnover and unemployment.
  • The Spanish public sector has created several public R&D centers focused in the aerospace industry.
  • Growing importance of Spain in international programs: there are both OEMs (Airbus Military and Eurocopter) and Tier-1 companies, such as ITP and Aernnova, working in Spain.
  • Regarding space, Spain is a member of the European Space Agency (ESA) and takes part in its main programs (such as Galileo and Kopernikus). Spain also participates in the space programs of the European Union.
  • In 2015, Spain was the 3nd country in the world in both tourism incomes and tourist arrivals. 80% of the more than 68 million tourists that visited Spain in 2015 did so by plane, amounting 54.4 million tourists, 5% more than 2014.

 

For further information, please visit the Business Opportunities tab for this sector.

To find Grants & Incentives available for this sector, click here to access our online database and enter the text “aeronautics” under "Text search", one of our search parameters. With the same service, you can also search for transversal grants that might be of your interest.

Last updated: 28|11|2016

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