Middle East and Africa General Aviation Market Size
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 1.53 Billion |
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Market Size (2030) | USD 2.87 Billion |
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Largest Share by Sub Aircraft Type | Business Jets |
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CAGR (2024 - 2030) | 11.02 % |
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Largest Share by Country | Saudi Arabia |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Middle East and Africa General Aviation Market Analysis
The Middle East and Africa General Aviation Market size is estimated at 1.53 billion USD in 2024, and is expected to reach 2.87 billion USD by 2030, growing at a CAGR of 11.02% during the forecast period (2024-2030).
1.5 B
Market Size in 2024 (USD)
2.9 B
Market Size in 2030 (USD)
1025
Total Deliveries in the Historic Period (2017-2023)
1323
Total Deliveries during the Forecast Period (2024-2030)
Largest Market by Sub-Aircraft Type
68.95 %
value share, Business Jets, 2023
The presence of many high net-worth individuals (HNWIs) in the region is a major driver for market growth.
Fastest-growing Market by Sub-Aircraft Type
11.98 %
Projected CAGR, Business Jets, 2024-2030
Frequent traveling requirements of HNWIs to attend business and private affairs and their lifestyle are encouraging them to acquire more expensive private planes.
Largest Market by Body Type
97.98 %
value share, Large Jet, 2023
Consumer preference for large jets across the region is driving the demand. Therefore, manufacturers offer a wide range of products to consumers according to their convenience.
Largest Market by Country
20.45 %
value share, Saudi Arabia, 2023
The procurement of large jets by various companies or individuals across different sectors drives the market's growth in the country.
Leading Market Player
31.85 %
market share, General Dynamics Corporation, 2022
Through its subsidiary Gulfstream Aerospace, General Dynamics Corporation provides a vast number of general aviation aircraft across the region, making it a leading player.
The rising number of HNWIs in the region is boosting the procurement of business jets and piston fixed-wing aircraft
- Middle East & Africa accounted for around 3.5% of the global general aviation market in 2022. Out of the overall Middle East & Africa market, around 52% accounted for others, 34% accounted for the piston-fixed wing, and 14% accounted for business jets.
- With the growth in the tourism sector in various regions, many charter operators and tourism companies plan to expand their fleets by introducing new piston-engine aircraft, turboprop aircraft, and helicopters. This trend is helping them further expand their presence globally.
- The HNWIs and UHNWIs prefer private jets and helicopters for personal or business travel. The rising number of HNWIs in the region is boosting the procurement of aircraft in the general aviation sector. The UHNWI population increased from 2,146 in 2016 to 2,489 in 2022 in Africa and from 4,452 in 2016 to 9,717 in 2022 in Middle Eastern countries.
- Gulfstream was the leading OEM in terms of aircraft deliveries, with around 29 aircraft, followed by Embraer and Bombardier, with 14 and 13 deliveries in the Middle East during 2017-2022. Similarly, in Africa, Bombardier was the prominent player with nine deliveries, followed by Dassault, Gulfstream, and Cessna, with around seven, five, and five deliveries.
- The growing demand for business aviation services in oil-rich economies is expected to boost the general aviation sector in the Middle East & Africa. More than 1200 aircraft comprising business jets, helicopters, turboprops, and piston aircraft are expected to be delivered in the region during the forecast period.
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HNWIs emphasize growth of the market in the region
- The Middle East & Africa accounted for around 3% of global business jet deliveries in 2022. Similarly, turboprop and piston aircraft accounted for 6.3% and 2.3% of the global deliveries in their category.
- In 2022, air charter service providers witnessed high demand in the whole Middle East & Africa with the surge in new memberships for business aviation. The HNWIs and UHNWIs prefer private jets and helicopters for personal or business travel. The rise in the number of HNWI individuals in the Middle East & African region has aided in procuring aircraft in the general aviation sector. From 2017 to 2022, the HNWI population in the Middle East increased from 176,000 in 2017 to 754,000 in 2022, and in Africa, it increased from 45,000 in 2017 to 128,000 in 2022.
- After the pandemic, business jet demand in this region surged 113% in 2021, specifically in the large business jet segment. In terms of the current operational fleet, large jets accounted for around 50% of the overall Middle East business jet fleet and 36% in Africa as of July 2022, as large jets are more prevalent in the Middle East & Africa. Air charter service providers witnessed high demand in the Middle East & Africa during the pandemic.
- The growth in demand for business aviation services in oil-rich economies is expected to boost the demand for the general aviation sector in the Middle East & Africa. Around 1,160 aircraft comprising business jets, helicopters, turboprops, and piston aircraft are expected to be delivered in the Middle East & Africa during the forecast period.
Middle East and Africa General Aviation Market Trends
Oil and gas and real estate were the major industries that boosted the growth of HNWIs in the Middle East
- From 2017 to 2022, there was a surge of around 118% in the UHNWI population in the Middle East compared to Africa, where the number of UHNWIs surged only by around 4.4% in the same period. In 2022, the number of UHNWIs in the Middle East increased by 8%, while Africa experienced a 0.8% decrease compared to 2021.
- The HNWI-friendly policies of the Middle East led to the migration of a large number of HNWIs into these countries. For instance, in 2022, the United Arab Emirates was expected to attract the largest number of high-net-worth individuals. An inflow of around 4,000 millionaires is expected in the country. Most of the HNWIs belong to India, Russia, Africa, and other Middle Eastern countries. Saudi Arabia, the United Arab Emirates, and Turkey were the major countries in terms of the UHNWI population, witnessing growth rates of 98%, 57%, and 59%, respectively, during 2017-2022.
- In the Middle East, the growth in the HNWI population was majorly led by the United Arab Emirates and Israel due to an increase in tech industrial focus. The recovery in oil prices also helped the GDP growth of the Middle East and North Africa, reaching 4.3% in 2022 compared to a contraction of 3.9% in 2021. Financial services, basic materials, real estate, transportation, and logistics were the major industries that accounted for a large number of HNWIs in the region. In Africa, South Africa, Egypt, Kenya, Nigeria, and Morocco account for over 55% of the overall region's high-net-worth individuals (HNWIs).
_By_Country__Number_of_HNWIs__Middle_East_And_Africa__2017_-_2030.svg "Middle East and Africa General Aviation Market Trends")
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Middle East and Africa General Aviation Industry Overview
The Middle East and Africa General Aviation Market is fairly consolidated, with the top five companies occupying 70.57%. The major players in this market are Airbus SE, Bombardier Inc., Dassault Aviation, General Dynamics Corporation and Leonardo S.p.A (sorted alphabetically).
Middle East and Africa General Aviation Market Leaders
Airbus SE
Bombardier Inc.
Dassault Aviation
General Dynamics Corporation
Leonardo S.p.A
Other important companies include Lockheed Martin Corporation, Pilatus Aircraft Ltd, Robinson Helicopter Company Inc., Textron Inc., The Boeing Company.
*Disclaimer: Major Players sorted in alphabetical order.
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Middle East and Africa General Aviation Market News
- October 2023: Textron Aviation announced that it entered into a purchase agreement with Fly Alliance for up to 20 Cessna Citation business jets, four firms with options for 16 additional aircraft. Fly Alliance is expected to use the aircraft for its luxury private jet charter operations and is expected to take delivery of the first aircraft, an XLS Gen2, in 2023.
- June 2023: Gulfstream Aerospace Corp. announced further expansion of its completions and outfitting operations at the St. Louis Downtown Airport. With this latest expansion, Gulfstream is expected to increase completion operations at the site while modernizing its existing spaces by adding new, state-of-the-art equipment and tooling, representing a total capital investment of USD 28.5 million.
- June 2023: Gulfstream Aerospace Corp. announced today the further expansion of its completions and outfitting operations at St. Louis Downtown Airport. With this latest expansion, Gulfstream is expected to increase completion operations at the site while modernizing its existing spaces by adding new, state-of-the-art equipment and tooling, representing a total capital investment of USD 28.5 million.
Free with this Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 45+ free charts, the section covers data on commercial aircraft deliveries by manufacturer, backlogs of commercial aircraft, active military aircraft fleet by type of aircraft, overall business jets and helicopters fleet by manufacturer and also classified by type of ownership.
Middle East and Africa General Aviation Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 High-net-worth Individual (hnwi)
- 4.2 Regulatory Framework
- 4.3 Value Chain Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
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5.1 Sub Aircraft Type
- 5.1.1 Business Jets
- 5.1.1.1 Large Jet
- 5.1.1.2 Light Jet
- 5.1.1.3 Mid-Size Jet
- 5.1.2 Piston Fixed-Wing Aircraft
- 5.1.3 Others
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5.2 Country
- 5.2.1 Algeria
- 5.2.2 Egypt
- 5.2.3 Qatar
- 5.2.4 Saudi Arabia
- 5.2.5 South Africa
- 5.2.6 Turkey
- 5.2.7 United Arab Emirates
- 5.2.8 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles
- 6.4.1 Airbus SE
- 6.4.2 Bombardier Inc.
- 6.4.3 Dassault Aviation
- 6.4.4 General Dynamics Corporation
- 6.4.5 Leonardo S.p.A
- 6.4.6 Lockheed Martin Corporation
- 6.4.7 Pilatus Aircraft Ltd
- 6.4.8 Robinson Helicopter Company Inc.
- 6.4.9 Textron Inc.
- 6.4.10 The Boeing Company
- *List Not Exhaustive
7. KEY STRATEGIC QUESTIONS FOR AVIATION CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- POPULATION OF HIGH-NET-WORTH INDIVIDUAL (HNWI) BY COUNTRY, NUMBER OF HNWIS, MIDDLE EAST AND AFRICA, 2017 - 2030
- Figure 2:
- NUMBER OF NEW AIRCRAFT DELIVERIES, VOLUME, MIDDLE EAST AND AFRICA, 2017 - 2030
- Figure 3:
- NUMBER OF NEW AIRCRAFT DELIVERIES, USD, MIDDLE EAST AND AFRICA, 2017 - 2030
- Figure 4:
- GENERAL AVIATION DELIVERIES BY SUB AIRCRAFT TYPE, VOLUME, MIDDLE EAST AND AFRICA, 2017 - 2030
- Figure 5:
- GENERAL AVIATION DELIVERIES BY SUB AIRCRAFT TYPE, USD, MIDDLE EAST AND AFRICA, 2017 - 2030
- Figure 6:
- GENERAL AVIATION DELIVERIES BY SUB AIRCRAFT TYPE, VOLUME %, MIDDLE EAST AND AFRICA, 2017 VS 2023 VS 2030
- Figure 7:
- GENERAL AVIATION DELIVERIES BY SUB AIRCRAFT TYPE, VALUE %, MIDDLE EAST AND AFRICA, 2017 VS 2023 VS 2030
- Figure 8:
- BUSINESS JETS DELIVERIES BY BODY TYPE, VOLUME, MIDDLE EAST AND AFRICA, 2017 - 2030
- Figure 9:
- BUSINESS JETS DELIVERIES BY BODY TYPE, USD, MIDDLE EAST AND AFRICA, 2017 - 2030
- Figure 10:
- BUSINESS JETS DELIVERIES BY BODY TYPE, VOLUME %, MIDDLE EAST AND AFRICA, 2017 VS 2023 VS 2030
- Figure 11:
- BUSINESS JETS DELIVERIES BY BODY TYPE, VALUE %, MIDDLE EAST AND AFRICA, 2017 VS 2023 VS 2030
- Figure 12:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY LARGE JET, UNITS, 2017 - 2030
- Figure 13:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY LARGE JET, USD, 2017 - 2030
- Figure 14:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 15:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY LIGHT JET, UNITS, 2017 - 2030
- Figure 16:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY LIGHT JET, USD, 2017 - 2030
- Figure 17:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 18:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY MID-SIZE JET, UNITS, 2017 - 2030
- Figure 19:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY MID-SIZE JET, USD, 2017 - 2030
- Figure 20:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 21:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY PISTON FIXED-WING AIRCRAFT, UNITS, 2017 - 2030
- Figure 22:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY PISTON FIXED-WING AIRCRAFT, USD, 2017 - 2030
- Figure 23:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY SUB AIRCRAFT TYPE, USD, %, 2023 VS 2030
- Figure 24:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY OTHERS, UNITS, 2017 - 2030
- Figure 25:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY OTHERS, USD, 2017 - 2030
- Figure 26:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY SUB AIRCRAFT TYPE, USD, %, 2023 VS 2030
- Figure 27:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VOLUME, MIDDLE EAST AND AFRICA, 2017 - 2030
- Figure 28:
- GENERAL AVIATION DELIVERIES BY COUNTRY, USD, MIDDLE EAST AND AFRICA, 2017 - 2030
- Figure 29:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VOLUME %, MIDDLE EAST AND AFRICA, 2017 VS 2023 VS 2030
- Figure 30:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VALUE %, MIDDLE EAST AND AFRICA, 2017 VS 2023 VS 2030
- Figure 31:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY ALGERIA, UNITS, 2017 - 2030
- Figure 32:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY ALGERIA, USD, 2017 - 2030
- Figure 33:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, ALGERIA, 2023 VS 2030
- Figure 34:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY EGYPT, UNITS, 2017 - 2030
- Figure 35:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY EGYPT, USD, 2017 - 2030
- Figure 36:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, EGYPT, 2023 VS 2030
- Figure 37:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY QATAR, UNITS, 2017 - 2030
- Figure 38:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY QATAR, USD, 2017 - 2030
- Figure 39:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, QATAR, 2023 VS 2030
- Figure 40:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY SAUDI ARABIA, UNITS, 2017 - 2030
- Figure 41:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY SAUDI ARABIA, USD, 2017 - 2030
- Figure 42:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, SAUDI ARABIA, 2023 VS 2030
- Figure 43:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY SOUTH AFRICA, UNITS, 2017 - 2030
- Figure 44:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY SOUTH AFRICA, USD, 2017 - 2030
- Figure 45:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, SOUTH AFRICA, 2023 VS 2030
- Figure 46:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY TURKEY, UNITS, 2017 - 2029
- Figure 47:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY TURKEY, USD, 2017 - 2029
- Figure 48:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, TURKEY, 2023 VS 2030
- Figure 49:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY UNITED ARAB EMIRATES, UNITS, 2017 - 2030
- Figure 50:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY UNITED ARAB EMIRATES, USD, 2017 - 2030
- Figure 51:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, UNITED ARAB EMIRATES, 2023 VS 2030
- Figure 52:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY REST OF MIDDLE EAST AND AFRICA, UNITS, 2017 - 2030
- Figure 53:
- MIDDLE EAST AND AFRICA GENERAL AVIATION MARKET, BY REST OF MIDDLE EAST AND AFRICA, USD, 2017 - 2030
- Figure 54:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, REST OF MIDDLE EAST AND AFRICA, 2023 VS 2030
- Figure 55:
- MOST ACTIVE COMPANIES, NUMBER OF STRATEGIC MOVES, MIDDLE EAST AND AFRICA, 2018-2023
- Figure 56:
- MOST ADOPTED STRATEGIES, COUNT, MIDDLE EAST AND AFRICA, 2018 - 2023
- Figure 57:
- MAJOR PLAYERS REVENUE SHARE (%), MIDDLE EAST AND AFRICA, 2023
Middle East and Africa General Aviation Industry Segmentation
Business Jets, Piston Fixed-Wing Aircraft, Others are covered as segments by Sub Aircraft Type. Algeria, Egypt, Qatar, Saudi Arabia, South Africa, Turkey, United Arab Emirates are covered as segments by Country.
- Middle East & Africa accounted for around 3.5% of the global general aviation market in 2022. Out of the overall Middle East & Africa market, around 52% accounted for others, 34% accounted for the piston-fixed wing, and 14% accounted for business jets.
- With the growth in the tourism sector in various regions, many charter operators and tourism companies plan to expand their fleets by introducing new piston-engine aircraft, turboprop aircraft, and helicopters. This trend is helping them further expand their presence globally.
- The HNWIs and UHNWIs prefer private jets and helicopters for personal or business travel. The rising number of HNWIs in the region is boosting the procurement of aircraft in the general aviation sector. The UHNWI population increased from 2,146 in 2016 to 2,489 in 2022 in Africa and from 4,452 in 2016 to 9,717 in 2022 in Middle Eastern countries.
- Gulfstream was the leading OEM in terms of aircraft deliveries, with around 29 aircraft, followed by Embraer and Bombardier, with 14 and 13 deliveries in the Middle East during 2017-2022. Similarly, in Africa, Bombardier was the prominent player with nine deliveries, followed by Dassault, Gulfstream, and Cessna, with around seven, five, and five deliveries.
- The growing demand for business aviation services in oil-rich economies is expected to boost the general aviation sector in the Middle East & Africa. More than 1200 aircraft comprising business jets, helicopters, turboprops, and piston aircraft are expected to be delivered in the region during the forecast period.
| Sub Aircraft Type | Business Jets | Large Jet |
| Light Jet | ||
| Mid-Size Jet | ||
| Sub Aircraft Type | Piston Fixed-Wing Aircraft | |
| Others | ||
| Country | Algeria | |
| Egypt | ||
| Qatar | ||
| Saudi Arabia | ||
| South Africa | ||
| Turkey | ||
| United Arab Emirates | ||
| Rest of Middle East and Africa |
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Market Definition
- Aircraft Type - General Aviation includes aircraft used for corporate aviation, business aviation and other aerial works.
- Sub-Aircraft Type - Business Jets, Piston Fixed-Wing Aircraft, and helicopters and turboprop aircraft are taken into consideration.
- Body Type - Light Jets, Mid-Size Jets, and Large Jets according to their ability to carry passengers and flying distance ranges have been included under this study.
| Keyword | Definition |
|---|---|
| IATA | IATA stands for the International Air Transport Association, a trade organization composed of airlines around the world that has an influence over the commercial aspects of flight. |
| ICAO | ICAO stands for International Civil Aviation Organization, a specialized agency of the United Nations that supports aviation and navigation around the globe. |
| Air Operator Certificate (AOC) | A certificate granted by a National Aviation Authority permitting the conduct of commercial flying activities. |
| Certificate Of Airworthiness (CoA) | A Certificate Of Airworthiness (CoA) is issued for an aircraft by the civil aviation authority in the state in which the aircraft is registered. |
| Gross Domestic Product (GDP) | Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period by countries. |
| RPK (Revenue Passenger Kilometres) | The RPK of an airline is the sum of the products obtained by multiplying the number of revenue passengers carried on each flight stage by the stage distance - it is the total number of kilometers traveled by all revenue passengers. |
| Load Factor | The load factor is a metric used in the airline industry that measures the percentage of available seating capacity that has been filled with passengers. |
| Original Equipment Manufacturer (OEM) | An original equipment manufacturer (OEM) traditionally is defined as a company whose goods are used as components in the products of another company, which then sells the finished item to users. |
| International Transportation Safety Association (ITSA) | International Transportation Safety Association (ITSA) is an international network of heads of independent safety investigation authorities (SIA). |
| Available Seats Kilometre (ASK) | This metric is calculated by multiplying Available Seats (AS) in one flight, defined above, multiplied by the distance flown. |
| Gross Weight | The fully-loaded weight of an aircraft, also known as “takeoff weight,” which includes the combined weight of passengers, cargo, and fuel. |
| Airworthiness | The ability of an aircraft, or other airborne equipment or system, to operate in flight and on the ground without significant hazard to aircrew, ground crew, passengers or to other third parties. |
| Airworthiness Standards | Detailed and comprehensive design and safety criteria applicable to the category of aeronautical product (aircraft, engine or propeller). |
| Fixed Base Operator (FBO) | A business or organization that operates at an airport. An FBO provides aircraft operating services like maintenance, fueling, flight training, charter services, hangaring, and parking. |
| High Net worth Individuals (HNWIs) | High Net worth Individuals (HNWIs) are individuals with over USD 1 million in liquid financial assets. |
| Ultra High Net worth Individuals (UHNWIs) | Ultra High Net worth Individuals (UHNWIs) are individuals with over USD 30 million in liquid financial assets. |
| Federal Aviation Administration (FAA) | The division of the Department of Transportation is concerned with aviation. It operates Air Traffic Control and regulates everything from aircraft manufacturing to pilot training to airport operations in the United States. |
| EASA (European Aviation Safety Agency) | The European Aviation Safety Agency is a European Union agency established in 2002 with the task of overseeing civil aviation safety and regulation. |
| Airborne Warning and Control System (AW&C) aircraft | Airborne Warning and Control System (AEW&C) aircraft is equipped with a powerful radar and on-board command and control center to direct the armed forces. |
| The North Atlantic Treaty Organization (NATO) | The North Atlantic Treaty Organization (NATO), also called the North Atlantic Alliance, is an intergovernmental military alliance between 30 member states – 28 European and two North American. |
| Joint Strike Fighter (JSF) | Joint Strike Fighter (JSF) is a development and acquisition program intended to replace a wide range of existing fighter, strike, and ground attack aircraft for the United States, the United Kingdom, Italy, Canada, Australia, the Netherlands, Denmark, Norway, and formerly Turkey. |
| Light Combat Aircraft (LCA) | A light combat aircraft (LCA) is a light, multirole jet/turboprop military aircraft, commonly derived from advanced trainer designs, designed for engaging in light combat. |
| Stockholm International Peace Research Institute (SIPRI) | Stockholm International Peace Research Institute (SIPRI) is an international institute that provides data, analysis, and recommendations for armed conflict, military expenditure, and arms trade as well as disarmament and arms control. |
| Maritime Patrol Aircraft (MPA) | A maritime patrol aircraft (MPA), also known as maritime reconnaissance aircraft is a fixed-wing aircraft designed to operate for long durations over water in maritime patrol roles, in particular, anti-submarine warfare (ASW), anti-ship warfare (AShW), and search and rescue (SAR). |
| Mach Number | The Mach number is defined as the ratio of true airspeed to the speed of sound at the altitude of a given aircraft. |
| Stealth Aircraft | Stealth is a Common term applied to low observable (LO) technology and doctrine, that makes an aircraft near invisible to radar, infrared or visual detection. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. For sales conversion to volume, the average selling price (ASP) is kept constant throughout the forecast period for each country, and inflation is not a part of the pricing.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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