Market Size of Middle-East And Africa Aircraft MRO Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 9.56 Billion |
Market Size (2029) | USD 12.24 Billion |
CAGR (2024 - 2029) | 5.06 % |
Market Concentration | Medium |
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 size is estimated at USD 9.56 billion in 2024, and is expected to reach USD 12.24 billion by 2029, at a CAGR of 5.06% during the forecast period (2024-2029).
Over the years, global and regional MRO service providers, including Lufthansa Technik AG (part of the Lufthansa Group), AMAC Aerospace, AMMROC, and Joramco, have bolstered their MRO service networks through strategic partnerships and joint ventures. This collaborative approach has been a key driver behind the expansion of the regional aircraft MRO market.
Leading regional economic powerhouses, such as the UAE, Saudi Arabia, and Qatar, are investing substantially in new aircraft acquisitions. Additionally, several African nations are focusing on procuring refurbished aircraft and upgrading their existing military aircraft fleets. These initiatives are significantly fueling the growth of the military aircraft MRO market in the region.
A notable challenge when setting up MRO facilities in the region is recruiting and retaining skilled labor. Though prevalent globally, this challenge has become increasingly pronounced in the region. This is primarily due to a substantial rise in the aircraft fleet and the number of MRO players over the past two decades. Consequently, the demand for maintenance technicians is anticipated to outstrip the available supply in the near future.
Countries like the UAE and Saudi Arabia, pivotal aviation industry hubs are actively backing foreign MRO providers to bolster their regional footprint. This support often channeled through partnerships and joint ventures with local entities, is poised to underpin the growth of the aircraft MRO market in the Middle East and Africa during the forecast period.
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, end user, and geography. By MRO type the market is segmented into airframe MRO, engine MRO, component and modifications MRO, and line maintenance. By application, the market is classified as commercial aviation, military aviation, and general aviation. The report also offers the market size and forecasts for five countries across the region. For each segment, the market sizing and forecasts have been done based on value (USD).
MRO Type | |
Airframe MRO | |
Engine MRO | |
Component and Modifications MRO | |
Line Maintenance |
End-User | |
Commercial | |
Military | |
General Aviation |
Geography | |
Saudi Arabia | |
United Arab Emirates | |
Turkey | |
South Africa | |
Egypt | |
Rest of Middle East and Africa |
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 Saudi Arabia
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2.3.2 United Arab Emirates
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2.3.3 Turkey
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2.3.4 South Africa
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2.3.5 Egypt
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2.3.6 Rest of Middle East and Africa
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Middle-East And Africa Aircraft MRO Market Size FAQs
How big is the Middle-East And Africa Aircraft MRO Market?
The Middle-East And Africa Aircraft MRO Market size is expected to reach USD 9.56 billion in 2024 and grow at a CAGR of 5.06% to reach USD 12.24 billion by 2029.
What is the current Middle-East And Africa Aircraft MRO Market size?
In 2024, the Middle-East And Africa Aircraft MRO Market size is expected to reach USD 9.56 billion.