How big is the Middle East And Africa Turboprop Aircraft Market?

The Middle East And Africa Turboprop Aircraft Market size is expected to reach USD 178.73 million in 2024 and grow at a CAGR of 2.25% to reach USD 199.69 million by 2029. Read More

What is the current Middle East And Africa Turboprop Aircraft Market size?

In 2024, the Middle East And Africa Turboprop Aircraft Market size is expected to reach USD 178.73 million. Read More

Who are the key players in Middle East And Africa Turboprop Aircraft Market?

Textron Inc., Lockheed Martin Corporation, ATR, DAHER and Pilatus Aircraft Ltd are the major companies operating in the Middle East And Africa Turboprop Aircraft Market. Read More

What years does this Middle East And Africa Turboprop Aircraft Market cover, and what was the market size in 2023?

In 2023, the Middle East And Africa Turboprop Aircraft Market size was estimated at USD 174.71 million. The report covers the Middle East And Africa Turboprop Aircraft Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Middle East And Africa Turboprop Aircraft Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Middle East And Africa Turboprop Aircraft Market Share

Statistics for the 2023 & 2024 Middle East And Africa Turboprop Aircraft market share, created by Mordor Intelligence™ Industry Reports. Middle East And Africa Turboprop Aircraft share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Middle East And Africa Turboprop Aircraft Industry

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.