Market Size of Middle East Aircraft MRO Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 6.18 Billion |
| Market Size (2029) | USD 7.14 Billion |
| CAGR (2024 - 2029) | 2.91 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Middle-East Aircraft MRO Market Analysis
The Middle-East Aircraft MRO Market size is estimated at USD 6.18 billion in 2024, and is expected to reach USD 7.14 billion by 2029, growing at a CAGR of 2.91% during the forecast period (2024-2029).
- The Middle East Aircraft MRO market is driven by the increasing demand for new aircraft as part of the fleet expansion and modernization programs initiated by airlines operating in the region. Besides, the increasing partnership between aircraft MRO providers is also expected to drive their technical capabilities, enabling them to service new-generation aircraft that are being procured by airlines. The construction of new airports in the major cities of the Gulf countries is one of the primary drivers for growth in the number of aircraft fleets in the Middle East and Africa (MEA) region, which further drives the demand for MRO services for aircraft fleets.
- Moreover, the shortage of aviation maintenance technicians has been a growing problem for years and the technological changes in aircraft manufacturing further heighten the demand for qualified technicians.
- With the addition of newer generation aircraft platforms, there is expected to be an increase in demand for a newer, wider range of skillsets for aircraft maintenance technicians, further complicating the expected labor shortage. In addition, other advanced technologies such as AI and machine learning facilitate the airline crew and management to understand the airworthiness of the aircraft.
Middle-East Aircraft MRO Industry Segmentation
Maintenance, repair, and overhaul (MRO) in aviation is essential to all the maintenance activities that take place to ensure the safety and airworthiness of an aircraft or its components as per the specified operating standards of international regulatory authorities.
The Middle-East Aircraft MRO market is segmented based on MRO type and geography. By MRO type, the market is segmented into airframe, engine, component and interior, and line. The report also offers the market size and forecasts for seven countries across the region.
For each segment, the market sizing and forecasts have been done based on value (USD).
| MRO Type | |
| Airframe | |
| Engine | |
| Component and Interior | |
| Line |
| Geography | |
| United Arab Emirates | |
| Saudi Arabia | |
| Qatar | |
| Oman | |
| Bahrain | |
| Turkey | |
| Kuwait | |
| Rest of Middle East |
Middle East Aircraft MRO Market Size Summary
The Middle East Aircraft MRO market is poised for growth, driven by the increasing demand for new aircraft as airlines in the region expand and modernize their fleets. This demand is further bolstered by the construction of new airports in Gulf countries, which enhances the need for maintenance, repair, and overhaul services. The market is also experiencing a shift due to technological advancements, such as AI and machine learning, which are aiding in understanding aircraft airworthiness. However, the industry faces challenges, including a shortage of qualified aviation maintenance technicians, exacerbated by the complexity of new-generation aircraft and engines. This has led to a heightened focus on engine health, with original equipment manufacturers playing a significant role in the engine MRO sector.
In the United Arab Emirates, despite robust aviation infrastructure, MRO operators face challenges related to price competitiveness due to high labor costs. Nonetheless, the region's major international airports, like Dubai and Abu Dhabi, present significant opportunities for MRO services. Collaborations between third-party providers and major airlines, along with strategic partnerships, are enhancing the market's competitive landscape. The semi-consolidated nature of the market sees key players like Saudia Aerospace Engineering Industries and Emirates Engineering leading the charge, supported by international collaborations and government initiatives to boost the aviation sector. These developments are expected to drive the growth of the aircraft MRO market in the Middle East, making it more competitive by the end of the forecast period.
Middle East 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 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
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2.1.2 Engine
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2.1.3 Component and Interior
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2.1.4 Line
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2.2 Geography
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2.2.1 United Arab Emirates
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2.2.2 Saudi Arabia
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2.2.3 Qatar
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2.2.4 Oman
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2.2.5 Bahrain
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2.2.6 Turkey
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2.2.7 Kuwait
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2.2.8 Rest of Middle East
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Middle East Aircraft MRO Market Size FAQs
How big is the Middle East Aircraft MRO Market?
The Middle East Aircraft MRO Market size is expected to reach USD 6.18 billion in 2024 and grow at a CAGR of 2.91% to reach USD 7.14 billion by 2029.
What is the current Middle East Aircraft MRO Market size?
In 2024, the Middle East Aircraft MRO Market size is expected to reach USD 6.18 billion.
