MEA Turboprop Aircraft Industry Overview
The market for turboprop aircraft in the Middle-East and African region is semi-consolidated. Prominent players such as Textron Inc., Lockheed Martin Corporation, Pilatus Aircraft Ltd, DAHER, and ATR are the major players in the market. Turboprop aircraft are becoming increasingly popular in emerging markets due to their versatility, durability, and low operating costs compared to jet-powered aircraft. The market is witnessing significant growth owing to increased investment from airlines, defense authorities, etc. Key players in the market are competing on various factors such as low price, fuel efficiency, low maintenance cost, etc.
MEA Turboprop Aircraft Market Leaders
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Textron Inc.
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Lockheed Martin Corporation
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ATR
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DAHER
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Pilatus Aircraft Ltd
- *Disclaimer: Major Players sorted in no particular order
