MEA Helicopter Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 2.45 Billion |
| Market Size (2029) | USD 3.94 Billion |
| CAGR (2024 - 2029) | 9.97 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Helicopter Market Analysis
The Middle-East And Africa Helicopters Market size is estimated at USD 2.45 billion in 2024, and is expected to reach USD 3.94 billion by 2029, growing at a CAGR of 9.97% during the forecast period (2024-2029).
The rise in terrorism, humanitarian crises, and political instability in the Middle East and Africa region led to a rise in military spending by regional economic powers such as Saudi Arabia, Israel, Turkey, etc. Countries in the region are heavily spending on the procurement and upgradation of military helicopters, which is driving the growth of the helicopter market in the region.
Additionally, the development of the business ecosystem in countries such as the UAE, Saudi Arabia, Israel, etc., subsequently propelled the general aviation industry in the region. The oil-exporting countries in the Middle East are now developing tourism infrastructure to reduce the dependency on the oil and gas sector for economic growth. This factor is significantly driving the demand for helicopters for VVIP transportation and commercial applications in the region.
Furthermore, the intensive use of helicopters for various applications simultaneously increased the need to incorporate advanced technologies to facilitate their use for contra-distinct purposes. Technological developments like enhancement of the engine performance, improving their performance capabilities, etc., made them more suitable to function in tough and challenging environments. Market players are focusing on enhancing the ergonomics and safety aspects of helicopters. However, the market might witness significant resilience from the rapid growth of the drone industry as they can act as potential substitutes for helicopters, particularly in specific applications for end users.
MEA Helicopter Market Trends
Military Segment to Exhibit the Highest Growth Rate During the Forecast Period
The rising demand for military rotorcraft can be attributed to escalating military conflicts, terrorist activities, border disputes, and territorial violations. Moreover, the armed forces of various countries in the region are adopting advanced technologies for their helicopters to gain a strategic edge over their adversaries. Additionally, the demand for this segment is expected to increase due to rising military expenditure and various military modernization efforts by the countries in the Middle East and Africa.
For instance, in 2022, the region’s military expenditure reached USD 223 billion. With this huge defense spending, various countries in the region are procuring and indigenously developing new military helicopters to counter various threats and bolster their defense capabilities. In June 2023, Turkish Aerospace Industries unveiled its new T925 ATAK-II heavy multi-role helicopter. The T925 will include a maximum take-off weight of around 11,000 kg and accommodation for three crew and 20 passengers. This helicopter was developed to enhance the Turkish army's transport capabilities.
Similarly, in March 2023, NH Industries delivered the first two NH90 naval variant helicopters to the Qatar Emiri Air Force to carry out maritime missions. The contract between NH Industries and Qatar includes the delivery of 16 NH90 TTHs for land operations and 12 NH90 NFHs for naval missions. With the deliveries continuing at a rate of just over one helicopter every two months, before the end of November 2022, four helicopters had been delivered and were fully operational in Qatar.
Apart from the procurement of military helicopters, various countries in the region are procuring military training helicopters to train the air military personnel to counter evolving future threats. For instance, in November 2023, the Royal Jordanian Air Force received the first five Bell 505 military training helicopters. The factors above and the instances are propelling the growth of the military helicopter market in the region.
Saudi Arabia is Expected to Show Significant Growth During the Forecast Period
The Saudi Arabian helicopter market is projected to show significant growth during the forecast period. The demand for helicopters in Saudi Arabia is driven by several factors, such as the country's strategic location, economic development, security challenges, and regional conflicts. Saudi Arabia is investing heavily in tourism development under its Saudi Vision 2030 plan, which aims to reduce the dependency on oil trade for economic growth.
The commercial helicopter segment is mainly driven by oil and gas, tourism, and general aviation. The oil and gas segment is the largest and most important segment, as Saudi Arabia is the world's largest exporter of crude oil and natural gas liquids. Helicopters are essential for transporting personnel and equipment to offshore platforms, rigs, and pipelines. They also provide emergency response and maintenance services. So various helicopter services companies are expanding their fleet of helicopters to cater to the market demand. For instance, in March 2023, Leonardo announced that THC decided to further expand the presence of their AW139 fleet in Saudi Arabia for SAR, EMS and corporate transport by adding six helicopters plus 20 options within the next 18 months.
Furthermore, the military aviation industry in Saudi Arabia is currently undergoing several transformations and advancements. As part of the Saudi Vision 2030 initiative, numerous original equipment manufacturers (OEMs) formed partnerships and are working on developing commercial and military helicopters domestically. For instance, in June 2023, Scopa Industries and Airbus signed an agreement to co-produce more than 100 helicopters in the kingdom with an investment of USD 6.6 billion over 20 years. Such developments are expected to drive the demand for helicopters in the country during the forecast period.
MEA Helicopter Industry Overview
The Middle East and Africa helicopter market is consolidated with the presence of a few prominent players competing for a larger market share. The Middle East and Africa helicopter market comprises mostly foreign players such as The Boeing Company, Rostec State Corporation, Airbus SE, Textron Inc, and Leonardo S.p.A., among others. The presence of NATO and Russian military technology holds a significant impact on the geography, creating an excellent opportunity for global civil and defense helicopter manufacturers to market their products in the region. Several rotorcraft manufacturers are capitalizing on the thriving commercial and civil aviation industry in countries like Saudi Arabia, the United Arab Emirates, South Africa, and Turkey. Product innovation will be crucial for manufacturers to succeed and entice new customers from this region.
MEA Helicopter Market Leaders
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Leonardo S.p.A
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Textron Inc.
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The Boeing Company
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Airbus SE
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Rostec State Corporation
*Disclaimer: Major Players sorted in no particular order
MEA Helicopter Market News
- November 2023: The UAE’s Strategic Development Fund announced that it had planned to independently develop the VRT500 and VRT300 co-axial light helicopters after the invasion of Ukraine by Russia.
- January 2023: The US Army awarded Boeing a USD 426 million contract to produce 12 CH-47F Chinooks for the Egyptian Air Force. With this contract, Egypt plans to replace its aging fleet of CH-47D helicopters.
MEA Helicopter Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Application
- 5.1.1 Civil And Commercial
- 5.1.2 Military
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5.2 Number of Engines
- 5.2.1 Single-Engine
- 5.2.2 Multi-Engine
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5.3 Geography
- 5.3.1 Middle-East and Africa
- 5.3.1.1 Saudi Arabia
- 5.3.1.2 United Arab Emirates
- 5.3.1.3 Israel
- 5.3.1.4 Qatar
- 5.3.1.5 Egypt
- 5.3.1.6 Turkey
- 5.3.1.7 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Airbus SE
- 6.1.2 Textron Inc.
- 6.1.3 Rostec State Corporation
- 6.1.4 Leonardo S.p.A
- 6.1.5 The Boeing Company
- 6.1.6 MD Helicopters, LLC
- 6.1.7 Lockheed Martin Corporation
- 6.1.8 Turkish Aerospace Industries (Turkish Armed Forces Foundation)
- 6.1.9 Robinson Helicopter Company, Inc.
- 6.1.10 Kaman Corporation
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
MEA Helicopter Industry Segmentation
A helicopter is a type of rotorcraft in which horizontally spinning rotors supply lift and thrust. It allows the helicopter to take off, land vertically, hover, and fly forward, backward, and laterally. The market includes analyzing the developments and procurement of new helicopters used in the civil, commercial, and military sectors. In addition to procurement, the scope of the study also includes modification and upgrades, as well as maintenance, repair, and overhaul of helicopters.
The Middle East and Africa helicopters market is segmented by application, number of engines, and geography. By application, the market is divided into military, civil, and commercial. By number of engines, it is divided into single-engine and multi-engine. The report also covers the market sizes and forecasts for the Middle East and Africa helicopters market in major countries across the region. The market size is provided for each segment in terms of value (USD).
| Application | Civil And Commercial | |
| Military | ||
| Number of Engines | Single-Engine | |
| Multi-Engine | ||
| Geography | Middle-East and Africa | Saudi Arabia |
| United Arab Emirates | ||
| Israel | ||
| Qatar | ||
| Egypt | ||
| Turkey | ||
| Rest of Middle-East and Africa |
MEA Helicopter Market Research FAQs
How big is the Middle-East And Africa Helicopters Market?
The Middle-East And Africa Helicopters Market size is expected to reach USD 2.45 billion in 2024 and grow at a CAGR of 9.97% to reach USD 3.94 billion by 2029.
What is the current Middle-East And Africa Helicopters Market size?
In 2024, the Middle-East And Africa Helicopters Market size is expected to reach USD 2.45 billion.
Who are the key players in Middle-East And Africa Helicopters Market?
Leonardo S.p.A, Textron Inc., The Boeing Company, Airbus SE and Rostec State Corporation are the major companies operating in the Middle-East And Africa Helicopters Market.
What years does this Middle-East And Africa Helicopters Market cover, and what was the market size in 2023?
In 2023, the Middle-East And Africa Helicopters Market size was estimated at USD 2.21 billion. The report covers the Middle-East And Africa Helicopters Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Middle-East And Africa Helicopters Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
MEA Helicopter Industry Report
Statistics for the 2024 MEA Helicopter market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. MEA Helicopter analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
