Middle East & Africa Airframe MRO Market Forecast to 2030 - Regional Analysis - by Aircraft Type (Fixed-Wing Aircraft and Rotary-Wing Aircraft) and Component (Fuselage, Wings and Rotors, Landing Gear, and Others)
The Middle East & Africa airframe MRO market was valued at US$ 3,311.88 million in 2022 and is expected to reach US$ 4,222.74 million by 2030; it is estimated to register at a CAGR of 3.1% from 2022 to 2030.
Increasing Adoption of Sustainable Aviation Fuel (SAF) Bolsters Middle East & Africa Airframe MRO Market
The aviation industry is intensifying its efforts to reduce carbon emissions and achieve sustainability goals, compelling MRO companies to adopt sustainable aviation fuel (SAF). By offering SAF-related services and technologies, MRO providers can position themselves as leaders in environmental sustainability and contribute to the industry's commitment to greener aviation practices. This opportunity aligns with the growing demand for eco-friendly aviation solutions and can open new revenue streams while fostering a more sustainable future for the sector. In February 2023, Boeing entered into agreements to acquire 5.6 million gallons (equivalent to 21.2 million liters) of blended sustainable aviation fuel (SAF) from Neste, a global leader in SAF production. As airlines increasingly prioritize eco-friendly operations, MRO companies can offer services related to SAF integration and usage. This includes retrofitting aircraft to accommodate SAF, conducting SAF-related maintenance, and ensuring compliance with SAF standards and regulations. Thus, the increasing adoption of sustainable aviation fuels (SAFs) and related services is likely to present a significant opportunity for airframe MRO providers during the forecast period.
Middle East & Africa Airframe MRO Market Overview
The MEA has recorded higher air traffic capacity, resulting in a significant supply of capacity offered by almost all major operators in the region. However, the limited economic activity in the region might adversely impact the growth of the airline industry in the coming years. Further, the Gulf countries are economically developed countries, while the African countries are yet to measure to the economic conditions of the Gulf countries. 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 MEA, which further drives the demand for MRO services for aircraft fleets. The countries in the Middle East, such as the UAE, Saudi Arabia, and Turkey, spend significantly higher amounts on the procurement of new defense aircraft and MRO activities of the existing aircraft fleet. The increasing number of airports and aircraft with tremendous growth in the aviation industry is bolstering the market growth. For instance, according to the Federal Aviation Administration, the aviation industry in the Middle East is witnessing annual growth of 10%. The growing aviation industry is creating a surge in the demand for airframe MRO solutions in order to manage air traffic efficiently.
Middle East & Africa Airframe MRO Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Airframe MRO Market Segmentation
The Middle East & Africa airframe MRO market is segmented based on aircraft type, component, and country.
Based on aircraft type, the Middle East & Africa airframe MRO market is bifurcated into fixed wing aircraft and rotary wing aircraft. The fixed wing aircraft segment held a larger share in 2022.
In terms of component, the Middle East & Africa airframe MRO market is segmented into fuselage, wings and rotors, landing gear, and others. The fuselage segment held the largest share in 2022.
Based on country, the Middle East & Africa airframe MRO market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa airframe MRO market in 2022.
AAR CORP, Barnes Group Inc, GE Aviation, Turkish Technic Inc., Singapore Technologies Engineering Ltd, Lufthansa Technik, Delta TechOps, Rolls-Royce Holdings Plc, and Collins Aerospace are some of the leading companies operating in the Middle East & Africa airframe MRO market.
Increasing Adoption of Sustainable Aviation Fuel (SAF) Bolsters Middle East & Africa Airframe MRO Market
The aviation industry is intensifying its efforts to reduce carbon emissions and achieve sustainability goals, compelling MRO companies to adopt sustainable aviation fuel (SAF). By offering SAF-related services and technologies, MRO providers can position themselves as leaders in environmental sustainability and contribute to the industry's commitment to greener aviation practices. This opportunity aligns with the growing demand for eco-friendly aviation solutions and can open new revenue streams while fostering a more sustainable future for the sector. In February 2023, Boeing entered into agreements to acquire 5.6 million gallons (equivalent to 21.2 million liters) of blended sustainable aviation fuel (SAF) from Neste, a global leader in SAF production. As airlines increasingly prioritize eco-friendly operations, MRO companies can offer services related to SAF integration and usage. This includes retrofitting aircraft to accommodate SAF, conducting SAF-related maintenance, and ensuring compliance with SAF standards and regulations. Thus, the increasing adoption of sustainable aviation fuels (SAFs) and related services is likely to present a significant opportunity for airframe MRO providers during the forecast period.
Middle East & Africa Airframe MRO Market Overview
The MEA has recorded higher air traffic capacity, resulting in a significant supply of capacity offered by almost all major operators in the region. However, the limited economic activity in the region might adversely impact the growth of the airline industry in the coming years. Further, the Gulf countries are economically developed countries, while the African countries are yet to measure to the economic conditions of the Gulf countries. 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 MEA, which further drives the demand for MRO services for aircraft fleets. The countries in the Middle East, such as the UAE, Saudi Arabia, and Turkey, spend significantly higher amounts on the procurement of new defense aircraft and MRO activities of the existing aircraft fleet. The increasing number of airports and aircraft with tremendous growth in the aviation industry is bolstering the market growth. For instance, according to the Federal Aviation Administration, the aviation industry in the Middle East is witnessing annual growth of 10%. The growing aviation industry is creating a surge in the demand for airframe MRO solutions in order to manage air traffic efficiently.
Middle East & Africa Airframe MRO Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Airframe MRO Market Segmentation
The Middle East & Africa airframe MRO market is segmented based on aircraft type, component, and country.
Based on aircraft type, the Middle East & Africa airframe MRO market is bifurcated into fixed wing aircraft and rotary wing aircraft. The fixed wing aircraft segment held a larger share in 2022.
In terms of component, the Middle East & Africa airframe MRO market is segmented into fuselage, wings and rotors, landing gear, and others. The fuselage segment held the largest share in 2022.
Based on country, the Middle East & Africa airframe MRO market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa airframe MRO market in 2022.
AAR CORP, Barnes Group Inc, GE Aviation, Turkish Technic Inc., Singapore Technologies Engineering Ltd, Lufthansa Technik, Delta TechOps, Rolls-Royce Holdings Plc, and Collins Aerospace are some of the leading companies operating in the Middle East & Africa airframe MRO market.
1. INTRODUCTION
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MIDDLE EAST & AFRICA AIRFRAME MRO MARKET LANDSCAPE
4.1 Overview
4.2 Porter's Analysis
4.3 Ecosystem Analysis
4.3.1 Component Suppliers
4.3.2 MRO Service Providers
4.3.3 End Users
5. MIDDLE EAST & AFRICA AIRFRAME MRO MARKET - KEY INDUSTRY DYNAMICS
5.1 Middle East & Africa Airframe MRO Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Increasing Air Travel
5.2.2 Growing Integration of Digital Technology in MRO Industry
5.3 Market Restraints
5.3.1 Entry of OEMs in Aftermarket
5.4 Market Opportunities
5.4.1 Retrofitting of Older Aircraft Fleet
5.4.2 Increasing Adoption of Sustainable Aviation Fuel (SAF)
5.5 Future Trends
5.5.1 Blockchain Technology Changing MRO Landscape
5.6 Impact of Drivers and Restraints:
6. AIRFRAME MRO MARKET - MIDDLE EAST & AFRICA MARKET ANALYSIS
6.1 Middle East & Africa Airframe MRO Market Revenue (US$ Million), 2022 - 2030
6.2 Middle East & Africa Airframe MRO Market Forecast and Analysis
7. MIDDLE EAST & AFRICA AIRFRAME MRO MARKET ANALYSIS - AIRCRAFT TYPE
7.1 Overview
7.1.1 Middle East & Africa Airframe MRO Market, By Aircraft Type (2022 and 2030)
7.2 Fixed Wing
7.2.1 Overview
7.2.2 Fixed Wing Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Rotary Wing
7.3.1 Overview
7.3.2 Rotary Wing Market, Revenue and Forecast to 2030 (US$ Million)
8. MIDDLE EAST & AFRICA AIRFRAME MRO MARKET ANALYSIS - COMPONENT
8.1 Overview
8.1.1 Middle East & Africa Airframe MRO Market, By Component (2022 and 2030)
8.2 Fuselage
8.2.1 Overview
8.2.2 Fuselage Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Wings and Rotors
8.3.1 Overview
8.3.2 Wings and Rotors Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Landing Gear
8.4.1 Overview
8.4.2 Landing Gear Market, Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9. MIDDLE EAST & AFRICA AIRFRAME MRO MARKET - COUNTRY ANALYSIS
9.1 Middle East & Africa
9.1.1 Middle East & Africa Airframe MRO Market Revenue and Forecasts and Analysis - By Country
9.1.1.1 Middle East & Africa Airframe MRO Market Revenue and Forecasts and Analysis - By Country
9.1.1.2 Saudi Arabia Airframe MRO Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.2.1 Saudi Arabia Airframe MRO Market Breakdown by Aircraft Type
9.1.1.2.2 Saudi Arabia Airframe MRO Market Breakdown by Component
9.1.1.3 UAE Airframe MRO Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.3.1 UAE Airframe MRO Market Breakdown by Aircraft Type
9.1.1.3.2 UAE Airframe MRO Market Breakdown by Component
9.1.1.4 South Africa Airframe MRO Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.4.1 South Africa Airframe MRO Market Breakdown by Aircraft Type
9.1.1.4.2 South Africa Airframe MRO Market Breakdown by Component
9.1.1.5 Rest of MEA Airframe MRO Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.5.1 Rest of MEA Airframe MRO Market Breakdown by Aircraft Type
9.1.1.5.2 Rest of MEA Airframe MRO Market Breakdown by Component
10. INDUSTRY LANDSCAPE
10.1 Overview
10.2 Market Initiative
10.3 Mergers & Acquisitions
11. COMPANY PROFILES
11.1 AAR CORP
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Barnes Group Inc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 GE Aviation
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Turkish Technic Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Singapore Technologies Engineering Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Lufthansa Technik
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Delta TechOps
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Rolls-Royce Holdings Plc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Collins Aerospace
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. APPENDIX
12.1 About The Insight Partners
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MIDDLE EAST & AFRICA AIRFRAME MRO MARKET LANDSCAPE
4.1 Overview
4.2 Porter's Analysis
4.3 Ecosystem Analysis
4.3.1 Component Suppliers
4.3.2 MRO Service Providers
4.3.3 End Users
5. MIDDLE EAST & AFRICA AIRFRAME MRO MARKET - KEY INDUSTRY DYNAMICS
5.1 Middle East & Africa Airframe MRO Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Increasing Air Travel
5.2.2 Growing Integration of Digital Technology in MRO Industry
5.3 Market Restraints
5.3.1 Entry of OEMs in Aftermarket
5.4 Market Opportunities
5.4.1 Retrofitting of Older Aircraft Fleet
5.4.2 Increasing Adoption of Sustainable Aviation Fuel (SAF)
5.5 Future Trends
5.5.1 Blockchain Technology Changing MRO Landscape
5.6 Impact of Drivers and Restraints:
6. AIRFRAME MRO MARKET - MIDDLE EAST & AFRICA MARKET ANALYSIS
6.1 Middle East & Africa Airframe MRO Market Revenue (US$ Million), 2022 - 2030
6.2 Middle East & Africa Airframe MRO Market Forecast and Analysis
7. MIDDLE EAST & AFRICA AIRFRAME MRO MARKET ANALYSIS - AIRCRAFT TYPE
7.1 Overview
7.1.1 Middle East & Africa Airframe MRO Market, By Aircraft Type (2022 and 2030)
7.2 Fixed Wing
7.2.1 Overview
7.2.2 Fixed Wing Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Rotary Wing
7.3.1 Overview
7.3.2 Rotary Wing Market, Revenue and Forecast to 2030 (US$ Million)
8. MIDDLE EAST & AFRICA AIRFRAME MRO MARKET ANALYSIS - COMPONENT
8.1 Overview
8.1.1 Middle East & Africa Airframe MRO Market, By Component (2022 and 2030)
8.2 Fuselage
8.2.1 Overview
8.2.2 Fuselage Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Wings and Rotors
8.3.1 Overview
8.3.2 Wings and Rotors Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Landing Gear
8.4.1 Overview
8.4.2 Landing Gear Market, Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9. MIDDLE EAST & AFRICA AIRFRAME MRO MARKET - COUNTRY ANALYSIS
9.1 Middle East & Africa
9.1.1 Middle East & Africa Airframe MRO Market Revenue and Forecasts and Analysis - By Country
9.1.1.1 Middle East & Africa Airframe MRO Market Revenue and Forecasts and Analysis - By Country
9.1.1.2 Saudi Arabia Airframe MRO Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.2.1 Saudi Arabia Airframe MRO Market Breakdown by Aircraft Type
9.1.1.2.2 Saudi Arabia Airframe MRO Market Breakdown by Component
9.1.1.3 UAE Airframe MRO Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.3.1 UAE Airframe MRO Market Breakdown by Aircraft Type
9.1.1.3.2 UAE Airframe MRO Market Breakdown by Component
9.1.1.4 South Africa Airframe MRO Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.4.1 South Africa Airframe MRO Market Breakdown by Aircraft Type
9.1.1.4.2 South Africa Airframe MRO Market Breakdown by Component
9.1.1.5 Rest of MEA Airframe MRO Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.5.1 Rest of MEA Airframe MRO Market Breakdown by Aircraft Type
9.1.1.5.2 Rest of MEA Airframe MRO Market Breakdown by Component
10. INDUSTRY LANDSCAPE
10.1 Overview
10.2 Market Initiative
10.3 Mergers & Acquisitions
11. COMPANY PROFILES
11.1 AAR CORP
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Barnes Group Inc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 GE Aviation
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Turkish Technic Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Singapore Technologies Engineering Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Lufthansa Technik
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Delta TechOps
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Rolls-Royce Holdings Plc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Collins Aerospace
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. APPENDIX
12.1 About The Insight Partners
