Africa Aviation MRO Market Size

Africa Aviation MRO Market Analysis

The Africa Aviation MRO Market size is estimated at USD 1.54 billion in 2024, and is expected to reach USD 1.94 billion by 2029, growing at a CAGR of 4.79% during the forecast period (2024-2029).

• Aircraft operators in Africa have some of the oldest airline fleets in the world. In addition, with the current situation of the aviation industry in Africa, operators will have to operate their current fleets for some more years due to a lack of economic reserves to purchase new aircraft and modernize and expand their fleets. This is expected to increase the demand for MRO activities in the region during the forecast period.
• Dwindling profit margins and maintenance costs have become a very significant expense for the operators in the region. Only a few African airlines, such as Kenya Airways, South Africa, Egypt Air, and Ethiopian Airlines, have well-established in-house maintenance facilities, and many other airlines are sending their fleet outside the continent for major maintenance activities. Thus, the growing number of investments by various companies in the African region will provide a boost to the aviation MRO services in Africa and will drive the growth of the market during the forecast period.
• Africa needs to be at par with the global aviation industry. It has the fewest annual seats in the commercial sector, the smallest fleet of commercial and generation aviation aircraft, and the lowest number of aircraft on order in the world. The aviation sector in the region also faces several challenges that create a uniquely tough operating environment, including weak aviation infrastructure, high ticket prices, poor connectivity, and lack of liberalization and an integrated intra-African network.