Market Size of Middle-East and Africa Aircraft MRO Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Middle-East and Africa Aircraft MRO Market Analysis
The Middle-East and Africa Aircraft MRO Market is projected to grow with a CAGR of over 4% during the forecast period (2022 - 2027).
The COVID-19 pandemic has significantly impacted the revenue streams of the major full-service carriers in the region, as they rely immensely on international travel. While domestic travel has witnessed a significant rebound worldwide, the domestic market is significantly smaller in Middle-East compared to other regions of the world. On the other hand, several African airlines have filed for bankruptcy and are seeking government aid to recover. Several airlines in the region have opted for early retirement of the aircraft to reduce operational and maintenance expenses, in the first year of the pandemic.
On the other hand, in the military sector, regional economic powers, such as Saudi Arabia, Israel, Turkey, Iran, and Egypt, are spending significant amounts on the procurement of new aircraft. Several countries, especially in the African region, are also focusing on the procurement of refurbished aircraft and the upgrading of the existing military aircraft fleet. This factor is significantly driving the growth of the military aircraft MRO market in the region.
Middle-East and Africa Aircraft MRO Industry Segmentation
Aircraft MRO includes tasks performed to ensure the continuing airworthiness of an aircraft and its parts. MRO service providers perform overhaul, inspection, replacement, defect rectification, and the embodiment of modifications, in compliance with airworthiness directives and repair. The market is segmented by MRO type into airframe MRO, engine MRO, component and modifications MRO, and line maintenance and by application into commercial aviation, military aviation, and general aviation. The report covers the market size and forecast in major countries in the Middle-East and Africa region. The market size and forecasts have been provided in value (USD billion).
| MRO Type | |
| Airframe MRO | |
| Engine MRO | |
| Component and Modifications MRO | |
| Line Maintenance |
| End-User | |
| Commercial | |
| Military | |
| General Aviation |
| Geography | ||||||||
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Middle-East and Africa Aircraft MRO Market Size Summary
The Middle-East and Africa Aircraft MRO market is poised for growth, driven by a combination of factors including the increasing complexity of aircraft engines and the need for regular maintenance due to harsh operating conditions. The military sector, in particular, is witnessing significant investment from regional powers like Saudi Arabia, Israel, and Egypt, which is bolstering the demand for MRO services. While the commercial aviation sector in the Middle-East faces challenges due to its reliance on international travel, the region's military and refurbished aircraft markets are experiencing growth. The UAE stands out as a dominant player in the market, supported by its large fleet of commercial and business jets, which necessitates ongoing MRO services to maintain airworthiness.
The competitive landscape of the Middle-East and Africa Aircraft MRO market is characterized by the presence of both local and international players. Prominent companies such as Emirates Engineering, General Electric, and Raytheon Technologies are key participants, while foreign MRO providers like Lufthansa Technik and KLM Engineering have expanded their presence through strategic partnerships. The market is also witnessing a trend towards outsourcing MRO services, particularly in Africa, where many operators rely on global players for engine maintenance. As the region continues to attract investments and partnerships, the MRO market is expected to become increasingly competitive, with local players enhancing their capabilities to meet growing demand.
Middle-East and Africa Aircraft MRO Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Industry Attractiveness - Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 MRO Type
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2.1.1 Airframe MRO
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2.1.2 Engine MRO
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2.1.3 Component and Modifications MRO
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2.1.4 Line Maintenance
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2.2 End-User
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2.2.1 Commercial
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2.2.2 Military
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2.2.3 General Aviation
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2.3 Geography
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2.3.1 Middle-East and Africa
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2.3.1.1 Saudi Arabia
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2.3.1.2 United Arab Emirates
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2.3.1.3 Turkey
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2.3.1.4 South Africa
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2.3.1.5 Egypt
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2.3.1.6 Rest of Middle-East and Africa
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Middle-East and Africa Aircraft MRO Market Size FAQs
What is the current Middle-East and Africa Aircraft MRO Market size?
The Middle-East and Africa Aircraft MRO Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Middle-East and Africa Aircraft MRO Market?
Emirates Engineering, General Electric Company, Raytheon Technologies Corporation, AMMROC and Joramco are the major companies operating in the Middle-East and Africa Aircraft MRO Market.
