5th Floor, Brigade Towers,
Financial District, Gachibowli,
Hyderabad - 500032,
The Middle East Aviation Market is segmented by Aircraft Type (Rotorcraft and Fixed-wing Aircraft), Application (Military, Commercial Aviation, and General Aviation), and Country.
Fastest Growing Market:
The Middle Eastern aviation market is estimated to register a CAGR of over 4% during the forecast period, 2019 - 2024.
The report covers the procurement plans, firm orders, and deliveries of fixed-wing aircraft and rotorcraft by the commercial, military, and general aviation sector in the Middle East.
|United Arab Emirates|
|Rest of the Middle East|
Report scope can be customized per your requirements. Click here.
Currently, the commercial segment has the highest share out of all the segments. The growing number of aircraft deliveries in the Middle East in the past few years has led to the Middle East gradually becoming one of the major hubs for civil aviation operations. Over the next two decades, the Middle Eastern region is expected to order about 2,900 aircraft. Out of the estimated number of aircraft deliveries, almost half of the deliveries will be for wide-body aircraft. The increasing number of air travelers in the Middle Eastern region is one of the main factors for the increase in the number of commercial aircraft orders. Major carriers, like Qatar, Emirates, and Etihad, are expanding their fleet size to cater to the growing demand for air travel in and out of the region. In the last few years, several contracts have been signed by these carriers with Airbus and Boeing for new aircraft. Few of the deliveries are expected during the forecast period.
To understand key trends, Download Sample Report
In the Middle Eastern aviation market, Saudi Arabia currently accounts for a major market share. Saudi Arabia is undergoing a progressive change to become the land with widespread opportunities and is witnessing an increase in the number of developments related to its aviation industry. Saudi Arabia has long recognized the aviation sector as a means to drive economic growth. Privatization of the airports has played a major role in increasing the growth of the aviation industry in Saudi Arabia. Moreover, since the last two decades, the aviation market in Saudi Arabia has witnessed significant growth with the airports in the country handling more than 84 million passengers in 2016. Likewise, airports in Jeddah, Riyadh, Dammam, and Madinah, presently, handle more than 80% of the passenger traffic in the country. The increasing number of air travelers in the Saudi Arabia has led to an increase in the number of aircraft deliveries. Military aviation in Saudi Arabia is witnessing significant growth and changes. Saudi Arabia is expanding its military aviation fleet, for which they have already placed orders for military aircraft with Airbus SE and also with the aircraft OEMs in the United States. Additionally, the ongoing rivalry between Saudi Arabia and Iran may be the main driver, which is likely to lead to a growth, in terms of military aircraft acquisitions in Saudi Arabia.
To understand geography trends, Download Sample Report.
Lockheed Martin Corporation, Bombardier Inc., The Boeing Company, Airbus SE, and Textron Aviation Inc. are some of the prominent players in the Middle Eastern aviation market. Various initiatives, as well as product innovations, have led the companies to strengthen their presence in the market. The Middle East still remains a lucrative market for business jets. Additionally, as the countries look to strengthen their aerial striking capabilities, several military aircraft orders are expected from this region over the next decade. Therefore, the intensity of rivalry among existing players is expected to intensify further in the coming years.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 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
5.1.2 Fixed-wing Aircraft
5.2.2 Commercial Aviation
5.2.3 General Aviation
5.3.1 Saudi Arabia
5.3.2 United Arab Emirates
5.3.5 Rest of the Middle East
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 ATR Aircraft
6.2.2 Bombardier Inc.
6.2.3 Embraer SA
6.2.4 The Boeing Company
6.2.5 Airbus SE
6.2.6 Leonardo SpA
6.2.7 Textron Aviation Inc.
6.2.8 Dassault Aviation SA
6.2.9 Gulfstream Aerospace Corporation (General Dynamics)
6.2.10 Cirrus Aircraft Corp.
6.2.11 Honda Aircraft Company LLC
6.2.12 Lockheed Martin Corporation
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability