Market Size of Middle East And Africa Turboprop Aircraft Industry
| Study Period | 2019-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 178.73 Million |
| Market Size (2029) | USD 199.69 Million |
| CAGR (2024 - 2029) | 2.25 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Turboprop Aircraft Market Analysis
The Middle East And Africa Turboprop Aircraft Market size is estimated at USD 178.73 million in 2024, and is expected to reach USD 199.69 million by 2029, growing at a CAGR of 2.25% during the forecast period (2024-2029).
The rise in air passenger traffic growth is leading to increased investment in the commercial and general aviation industry, the development of new medium and small-sized airports, fleet expansion, and the introduction of short-haul routes to cater to the regional aviation demand. This has aided the market growth for turboprop aircraft in the Middle East and Africa region.
The growing aviation emissions across the region are propelling the growth in demand for low-emission options such as biofuels, electric propulsion technology, and propeller aircraft. As of 2023, the Middle East reaffirmed its stance on the need for airports to take action to reduce their carbon footprint and to prioritize the use of sustainable aviation fuel. Countries in the region are actively participating in carbon reduction programs such as CORSIA, which are expected to increase the demand for propeller aircraft, especially in the Middle East.
The rise in military spending to modernize and expand the existing fleet has significantly propelled the growth of the turboprop aircraft market in the region. The demand for trainer aircraft and military transport aircraft is driving the demand for aircraft models such as Pilatus PC-12, Beechcraft T-6, Lockheed Martin C-130J, etc.
