Middle East & Africa Aerospace And Defense Mro Market Size & Outlook
Middle East & Africa aerospace and defense mro market, 2018-2030 (US$M)
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MEA aerospace and defense mro market highlights
- The MEA aerospace and defense mro market generated a revenue of USD 10,435.3 million in 2021.
- The market is expected to grow at a CAGR of 2.3% from 2022 to 2030.
- In terms of segment, engine was the largest revenue generating product in 2021.
- Engine is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2022 to 2030.
MEA data book summary
| Market revenue in 2021 | USD 10,435.3 million |
| Market revenue in 2030 | USD 12,826.3 million |
| Growth rate | 2.3% (CAGR from 2021 to 2030) |
| Largest segment | Engine |
| Fastest growing segment | Engine |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Engine, Airframe, Line, Components |
| Key market players worldwide | AAR Corp, SIA Engineering Co Ltd, Embraer SA ADR, Air France-KLM, RTX Corp, Delta Air Lines Inc, General Dynamics Corp, MTU Aero Engines AG, Deutsche Lufthansa AG, Honeywell International Inc, Boeing Co |
Other key industry trends
- In terms of revenue, MEA region accounted for 9.7% of the global aerospace and defense mro market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 71,044.3 million by 2030.
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Aerospace And Defense MRO Market Scope
Aerospace And Defense MRO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa aerospace and defense mro market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerospace and defense mro market will help companies and investors design strategic landscapes.
Engine was the largest segment with a revenue share of 43.31% in 2021. Horizon Databook has segmented the Middle East & Africa aerospace and defense mro market based on engine, airframe, line, components covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East has emerged as a key player in the aerospace industry over the last two decades, supported by its geographical placement and concerted endeavors from private companies and governments to develop the market.
Africa’s competitive advantage relative to many emerging and developed markets is its potential demographic dividend. The governments in the region have created highly competitive aerospace clusters by articulating industrialization plans, making calculated investments, and creating highly convenient business policies for investors.
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Target buyers of Middle East & Africa aerospace and defense mro market databook
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Our clientele includes a mix of aerospace and defense mro market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa aerospace and defense mro market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa aerospace and defense mro market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA aerospace and defense mro market size, by country, 2018-2030 (US$M)
Middle East & Africa Aerospace And Defense MRO Market Outlook Share, 2021 & 2030 (US$M)
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