Market Size of Middle East And Africa Aircraft Engine MRO Industry
| Study Period | 2019-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 7.17 Billion |
| Market Size (2029) | USD 10.03 Billion |
| CAGR (2024 - 2029) | 6.96 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Aircraft Engine MRO Market Analysis
The Middle East And Africa Aircraft Engine MRO Market size is estimated at USD 7.17 billion in 2024, and is expected to reach USD 10.03 billion by 2029, growing at a CAGR of 6.96% during the forecast period (2024-2029).
Over the years, many global and regional MRO service providers, such as Lufthansa Technik AG (Lufthansa Group), AMAC Aerospace, and Joramco, have expanded their MRO service networks through partnerships and joint ventures. This factor has propelled the growth of the aircraft MRO and related engine MRO market in the Middle East and Africa.
Major regional economic powers, such as Saudi Arabia, Israel, Turkey, Iran, and Egypt, are spending significant amounts on the procurement of new aircraft. Several countries, especially in the African region, are also focusing on the procurement of refurbished aircraft and the upgradation of the existing military aircraft fleet. This factor is significantly driving the growth of the aircraft engine MRO market in the region.
Countries such as Saudi Arabia, the United Arab Emirates, and Qatar are actively participating in programs such as the Carbon Reduction and Offsetting Scheme for International Aviation (CORSIA). Other countries are expected to join the aviation emission-curbing programs, which may boost the growth of the aircraft engine MRO market in the region.
