Market Size of GCC Aviation Infrastructure Industry
| Study Period | 2019-2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 129.93 Billion |
| Market Size (2029) | USD 164.55 Billion |
| CAGR (2024 - 2029) | 3.94 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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GCC Aviation Infrastructure Market Analysis
The GCC Aviation Infrastructure Market size is estimated at USD 125 billion in 2023, and is expected to reach USD 158.31 billion by 2029, growing at a CAGR of 3.94% during the forecast period (2023-2029).
Significant growth in terms of commercial aircraft operations, the number of air traffic passengers, and aviation infrastructure projects to meet future aviation requirements in the GCC region are expected to lead the market to grow significantly in the coming years.
The growing number of commercial aircraft operations and commercial aircraft acquisitions by major air carrier companies will lead aviation authorities in the GCC region to enter partnerships with established infrastructure companies to ensure the development of sustainable airport infrastructure projects that are capable of handling future aviation requirements, thereby driving the market in the long run.
However, factors such as poor air traffic management within the region will hamper market growth in the long run. The growing usage of artificial intelligence and blockchain technologies may lead to increasing business opportunities for aviation infrastructure companies in the GCC region, thereby driving market growth in the coming years.
