GCC General Aviation Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.9 Billion |
| Market Size (2029) | USD 1.8 Billion |
| CAGR (2024 - 2029) | 14.84 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
GCC General Aviation Market Analysis
The GCC General Aviation Market size is estimated at USD 0.9 billion in 2024, and is expected to reach USD 1.8 billion by 2029, at a CAGR of 14.84% during the forecast period (2024-2029).
Economic growth in Gulf Cooperation Council (GCC) countries has increased disposable income and heightened business activity. Consequently, this surge has fueled demand for general aviation services, encompassing private jet travel and helicopter charters. Infrastructure projects, notably the construction of airports and aviation-related facilities, have bolstered the general aviation sector's expansion. Enhanced infrastructure streamlines private and business aircraft operations and elevates the aviation experience.
Heightened investments in developing the business ecosystem have invigorated business aviation in the region, resulting in a surge in aircraft procurement. Furthermore, as key players in the oil and gas industry, GCC countries rely heavily on helicopters for offshore oil rig support, personnel transport, and surveillance, given their ability to efficiently access remote locations. As the oil and gas sector either expands or modernizes, helicopter demand is poised to rise. With a growing need for pilot training, numerous regional aviation institutes are acquiring general aviation trainer aircraft, further propelling the region's market growth.
Yet, GCC economies remain susceptible to oil price fluctuations, which can influence the disposable income of high-net-worth individuals and the broader business landscape. Economic downturns may dampen demand for general aviation services. Moreover, the GCC's intricate security landscape, marked by geopolitical tensions and regional conflicts, can shape perceptions of private aviation safety, subsequently influencing travel choices.
GCC General Aviation Market Trends
Business Jet Segment To Exhibit the Highest Growth Rate During The Forecast Period
The Gulf Cooperation Council (GCC) region's economic growth and the increasing demand for convenient, flexible, and exclusive travel options have fueled the rising popularity of business jets. This trend highlights the region's commitment to prioritizing efficient and private air travel for business and personal needs.
Business jets play a pivotal role in corporate travel, allowing executives and teams to operate on their schedules, free from commercial flight constraints. High-net-worth individuals also leverage these jets for personal and leisure travel, valuing the privacy, comfort, and speed they provide. Beyond these uses, business jets are called upon for urgent cargo deliveries, medical evacuations, and, occasionally, government or diplomatic missions.
For instance, as of December 2023, the GCC region boasted around 278 active business jets catering to various general aviation needs, including business, government, medical, search and rescue (SAR), charter services, offshore operations, personal use, and training schools. The GCC's general aviation sector is witnessing a surge in activity, underscored by recent contracts and expansions. For example, in June 2024, Bombardier sealed a deal with Saudi oil giant Aramco for two brand-new, super mid-sized Challenger 3500 business jets, set for delivery in 2025 and 2026. Given these trends, the demand for this segment in the market is poised for growth during the forecast period.
Saudi Arabia To Witness The Highest Growth During the Forecast Period
Saudi Arabia's vast geography includes many remote and hard-to-reach areas. The country's general aviation sector is undergoing a significant transformation, spurred by government initiatives to diversify the economy and a heightened emphasis on aviation infrastructure investments.
In Saudi Arabia, helicopters are vital in transportation, especially in remote areas where timely access is paramount, such as during emergencies. Recently, demand for helicopters has surged, serving critical functions across various sectors, including transportation, search and rescue, firefighting, law enforcement, and medical emergencies. One hundred ten helicopters were in operation in Saudi Arabia. Leonardo led the market, commanding 66% of the active fleet as of December 2023. Airbus secured the second position, trailing Leonardo with a 21% share of the active fleet. Other notable players, including Bell, Robinson, and Sikorsky, collectively held 13%.
In Saudi Arabia, the demand for charter operations has surged, driven mainly by the increasing population of ultra-high-net-worth individuals (UHNWI). For context, in 2023, Saudi Arabia boasted around 351,855 millionaires, many of whom favor business jets and helicopters for their private travel needs, bolstering market demand. Additionally, turboprop aircraft in Saudi Arabia serve multifaceted roles, from private travel and cargo transportation to specialized missions. A testament to their versatility, in July 2023, Textron Aviation secured an order for Beechcraft King Air turboprops, specifically for the Kingdom's weather modification initiative.
Given these advancements and initiatives, the Saudi Arabian aviation market demand is poised for significant growth in the coming years.
GCC General Aviation Industry Overview
A semi-consolidated structure characterizes the GCC General Aviation Market. Dominating players include Embraer S.A., Textron Inc., MD Helicopters, LLC, Leonardo S.p.A, and Dassault Aviation.
With national governments in the GCC ambitiously pushing for the growth of tourism and industrial sectors, the market is poised for significant opportunities. This push will likely spur a heightened demand for customized aircraft tailored to end-user needs. Responding to this trend, manufacturers are rolling out purpose-built aircraft. For example, in July 2023, Schweizer expanded its footprint in Africa and the Middle East by appointing Unionlet Limited as its representative. Additionally, Schweizer inaugurated a new service center named “HeliEast” in the Middle East. Such strategic moves are anticipated to bolster the growth of these players in the coming years.
GCC General Aviation Market Leaders
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Dassault Aviation
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Textron Inc.
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MD Helicopters, LLC
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Embraer S.A.
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Leonardo S.p.A
*Disclaimer: Major Players sorted in no particular order
GCC General Aviation Market News
- July 2024: Leonardo strengthened its collaboration with Mukamalah Aviation Company, a subsidiary wholly owned by Saudi Aramco, by designating it an Authorized Service Center in the nation. From its bases in Tanajib, Ras Tanura, and Dammam, Mukamalah Aviation Company will provide various maintenance and repair services for Leonardo's AW139 and AW109 Power helicopters and third-party aircraft of the same models.
- February 2024: Bell, a subsidiary of Textron Inc., inked a deal with Abu Dhabi Aviation, designating Abu Dhabi Aviation as an official Bell Customer Service Facility (CSF). Under this agreement, Abu Dhabi Aviation will service the Bell 212, Bell 412, and the SUBARU Bell 412EPX commercial aircraft. This collaboration underscores the commitment of both organizations to deliver top-notch customer support while prominently featuring Bell's aircraft offerings to clientele in the Middle East.
GCC General Aviation 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
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Aircraft Type
5.1.1 Helicopters
5.1.2 Piston Fixed-Wing
5.1.3 Turboprop
5.1.4 Business Jets
5.2 Geography
5.2.1 Saudi Arabia
5.2.2 United Arab Emirates
5.2.3 Qatar
5.2.4 Kuwait
5.2.5 Bahrain
5.2.6 Oman
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Textron Inc.
6.1.2 Leonardo S.p.A
6.1.3 MD Helicopters, LLC
6.1.4 Dassault Aviation
6.1.5 Embraer S.A.
6.1.6 Diamond Aircraft Industries GmbH
6.1.7 DAHER
6.1.8 Gulfstream Aerospace Corporation
6.1.9 Bombardier Inc.
6.1.10 Cirrus Design Corporation
6.1.11 Piper Aircraft, Inc.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
GCC General Aviation Industry Segmentation
General aviation (GA) covers all non-commercial civil aviation activities, excluding scheduled airline services and military operations. This sector spans private flying, business aviation, flight training, and air charter services. The aircraft ranged from small piston planes to advanced turboprop rotorcraft and business jets. GA is pivotal in supporting sectors such as business, tourism, and medical services. It provides flexible and tailored aviation solutions while strictly adhering to safety regulations set by local and international standards.
The GCC general aviation market is segmented by aircraft type and geography. By aircraft type, the market is segmented into helicopters, piston fixed-wing, turboprop, and business jets. The report also covers the market size and forecasts for the GCC general aviation market in six regional countries. For each segment, the market size is provided in terms of value (USD).
| Aircraft Type | |
| Helicopters | |
| Piston Fixed-Wing | |
| Turboprop | |
| Business Jets |
| Geography | |
| Saudi Arabia | |
| United Arab Emirates | |
| Qatar | |
| Kuwait | |
| Bahrain | |
| Oman |
GCC General Aviation Market Research Faqs
How big is the GCC General Aviation Market?
The GCC General Aviation Market size is expected to reach USD 0.9 billion in 2024 and grow at a CAGR of 14.84% to reach USD 1.8 billion by 2029.
What is the current GCC General Aviation Market size?
In 2024, the GCC General Aviation Market size is expected to reach USD 0.9 billion.
Who are the key players in GCC General Aviation Market?
Dassault Aviation, Textron Inc., MD Helicopters, LLC, Embraer S.A. and Leonardo S.p.A are the major companies operating in the GCC General Aviation Market.
What years does this GCC General Aviation Market cover, and what was the market size in 2023?
In 2023, the GCC General Aviation Market size was estimated at USD 0.77 billion. The report covers the GCC General Aviation Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the GCC General Aviation Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
GCC General Aviation Industry Report
Statistics for the 2024 GCC General Aviation market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. GCC General Aviation analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
