Middle-East and Africa General Aviation Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Middle East and Africa General Aviation Market has been segmented by type and geography. By type, the market has been segmented by Helicopters, Piston Fixed Wing, Turboprop, and Business Jet. By geography, the market has been segmented by the Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Egypt, Turkey, and the Rest of the Middle East and Africa). Moreover, the report offers a market forecast and is represented by USD million.

Market Snapshot

middle-east and africa general aviation market_overview
Study Period: 2018-2027
Base Year: 2021
CAGR: 3 %

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Market Overview

The Middle East and Africa general aviation market is anticipated to register a CAGR of 3% during the forecast period.

COVID-19 had a negative effect on the Middle East and African general aviation market. The onset of the pandemic resulted in the governments of several countries imposing travel restrictions and lockdown measures, which affected the business travel and tourism sectors in the region. Moreover, various OEMs were unable to meet the production deadlines owing to the fall in the demand for business jets within the Middle East and African regions. The decline in the COVID-19 pandemic led to the opening up of restrictions in terms of travel and the lockdown in various countries of the Middle East and African region witnessed an increase in the demand for private jets which led to various OEMs to increase their production. With the growth in flight activity from 2021 as compared to the previous year, the demand for new and advanced business aircraft also witnessed significant growth and this will lead to boosting the market during the forecast period.

The growth in the number of high net-worth individuals has changed passengers' preference towards private aircraft in the region and is currently driving the growth of the market.

Increasing travel and tourism in the Middle East and Africa region is driving the general aviation market growth in the region by attracting more passengers to the region. However, fluctuations in oil prices may pose a threat to the general aviation market in the region, as most of the Middle Eastern countries are oil-based economies.

Scope of the Report

Middle-East and Africa's general aviation market comprises all civil flights except scheduled passenger airline services. 

The market has been segmented by type and geography. By type, the market has been segmented by Helicopters, Piston Fixed Wing, Turboprop, and Business Jet. By geography, the market has been segmented by the Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Egypt, Turkey, and the Rest of the Middle East and Africa). Moreover, the report offers a market forecast and is represented by USD million. Furthermore, the report also includes various key statistics on the market status of leading market players and provides key trends and opportunities in the Middle East and Africa General Aviation Market. 

Type
Helicopeters
Piston Fixed Wing
Turboprop
Business Jet
Geography
United Arab Emirates
Saudi Arabia
Qatar
Egypt
Rest of Middle-East and Africa

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Key Market Trends

The Business Jet Segment is Expected to Witness Significant Growth During the Forecast Period

The business jet segment is expected to witness significant growth during the forecast period. Growth in the number of inter-country investments has led to a rise in the demand for private jets in the Middle East and African regions. The growing demand for large-cabin and long-range business jets in the Middle East region is one of the other factors driving business jets in the Middle East and African region. 

Several companies in the Middle Eastern region have now started to invest in their own business jets or lease from other charter operators to save time and money. In addition, the United Arab Emirates (UAE) is home to various operators, owing to its advantageous location and proactive policies which help to strengthen the aviation sector, including business aviation. The various free zones have also helped boost the business aviation sector in the region.

In the present scenario, according to JETNET, there are currently 534 business jets in operation in Middle Eastern countries. Moreover, according to JETNET Saudi Arabia has 123 business jets and is closely followed by Turkey with 122 business jets. In accordance with original equipment manufacturers in the Middle East and Africa general aviation market; Textron, Bombardier as well as Gulfstream are the major players. In 2022, the UAE has overtaken Saudi Arabia as the region having the largest number of business jet operators. Business people and private individuals in the Middle East are now increasingly attracted to the idea of making use of business aircraft with the main motive behind this peak in interest in the use of business jets being the desire for privacy and security.

Africa, in 2021 had approximately 470 + registered private aircraft which is the second smallest fleet worldwide. The country of South Africa has the largest number of business jets in the African region, about 30% with Nigeria having 19% and Egypt having 8% of the total number of business jets in Africa. The region of Africa, in modern times, is witnessing gradual growth in terms of business aviation. Better connectivity, a growing number of business jet operators, and a growth in business and tourism activities will be the major reasons for the growth of business jet in the African region

middle-east and africa general aviation market_segment

The Saudi Arabian Region is Expected to Witness Significant Growth During the Forecast Period

The country of Saudi Arabia is expected to witness significant growth during the forecast period. Saudi Arabia is considered to have the top three best tourist destinations in the Middle East which are Mecca, Madinah, and Riyadh. Moreover, the growing number of tourist arrivals and the high wealth in the country make it a lucrative market for general aviation operations. 

In addition, better connectivity, a growing number of business jet operators, and growth in business and tourism activities will be the major reasons which will contribute to the growth of business aviation in Saudi Arabia. In the present times, various business jet operators in the country have announced that they are witnessing an increase in the number of bookings for business jets in the country. 

According to JETNET, Saudi Arabia has the largest number of business jets in the Middle Eastern region with approximately 123 business jets. Various business jet operators in the Saudi Arabian region such as Nasjet and Private Air Saudi Arabia amongst others have a dedicated fleet of modern aircraft which is available for immediate charter and includes private jets from companies such as Airbus, Boeing, and Gulfstream in the fleet. 

In addition, the prices for chartering a private jet vary based on aircraft size, passenger number, destination and the kind of service required. Currently, Saudi Arabia is undergoing a major progressive change in terms of societal development owing to the 2030 vision which is built on primary themes such as a vibrant society, a thriving economy, and an ambitious nation. Thus such developments will lead to Saudi Arabia being a major player in the business aviation market and shall witness growth during the forecast period.

middle-east and africa general aviation market_geography

Competitive Landscape

The market is currently consolidated and the major players in the market include Embraer SA, Bombardier, General Dynamics Corporation (Gulfstream), The Boeing Company, and Textron Inc. amongst others. 

New aircraft models, such as the Global 7500 by Bombardier, the G500 aircraft by Gulfstream Corporation, and the Cessna Denali by Textron Inc., etc., have gained a lot of attention recently owing to their advanced features in terms of luxury and comfort and these have helped the companies to stand out amid the competition, and increase their presence in the fast-growing markets in the region. The increasing demand for air travel has led to various companies increasing the production of business jets as well as coming up with new and advanced technologies which will help them to capture the largest share in the Middle East and African General Aviation Market. 

Major Players

  1. Embraer SA

  2. Bombardier

  3. General Dynamics Corporation (Gulfstream)

  4. The Boeing Company

  5. Textron Inc.

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Recent Development

 In Novemberr 2022, Royal Jet Abu Dhabi which is a premium award-winning global leader in business aviation announced that they have added another Boeing Business Jet to their fleet and have taken the count of their fleet to 13 BBJ aircraft. 

In June 2022, EAN Aviation Limited announced that they have become the forefront distributors of Airbus general aviation helicopters in Nigeria. The strategic partnership between EAN Aviation Limited and Airbus Helicopters focuses on the West African civilian market, excluding the Military. From now, civil customers in Nigeria can directly get in touch with EAN Aviation Limited which will be offering sales, servicing, and support for helicopters in the West African region.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Helicopeters

      2. 5.1.2 Piston Fixed Wing

      3. 5.1.3 Turboprop

      4. 5.1.4 Business Jet

    2. 5.2 Geography

      1. 5.2.1 United Arab Emirates

      2. 5.2.2 Saudi Arabia

      3. 5.2.3 Qatar

      4. 5.2.4 Egypt

      5. 5.2.5 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 Textron Inc.

      2. 6.2.2 Embraer SA

      3. 6.2.3 Bombardier Inc.

      4. 6.2.4 The Boeing Company

      5. 6.2.5 General Dynamics Corporation (Gulfstream)

      6. 6.2.6 Dassault Aviation

      7. 6.2.7 Cirrus Aircraft

      8. 6.2.8 Pilatus Aircraft

      9. 6.2.9 Airbus SE

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Frequently Asked Questions

The Middle-East and Africa General Aviation Market market is studied from 2018 - 2027.

The Middle-East and Africa General Aviation Market is growing at a CAGR of 3% over the next 5 years.

The Middle-East and Africa General Aviation Market is valued at 2 Million USD in 2018.

The Middle-East and Africa General Aviation Market is valued at 3 Million USD in 2027.

Embraer SA, Bombardier, General Dynamics Corporation (Gulfstream), The Boeing Company, Textron Inc. are the major companies operating in Middle-East and Africa General Aviation Market.

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