Market Size of Middle East Civil Aviation Flight Training and Simulation Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 15.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Middle East Civil Aviation Flight Training & Simulation Market Analysis
The Middle East civil aviation flight training and simulation market is expected to register a CAGR of more than 15% during the forecast period (2022-2027).
Due to the impact of COVID-19, the aviation industry in the Middle East was severely affected, which led to a decrease in the revenues of airlines. To mitigate additional losses, major airlines in the region, like Etihad Airways and Emirates, have undertaken multiple actions such as laying off pilots and crew, retiring aging aircraft in service as well as cancelation or postponement of existing aircraft orders. However, as the aviation industry began recovering from the pandemic in 2021, the aircraft pilot training schools started investing in increasing their training capacities to cater to a short-term surge in pilot demand in the coming years.
Nevertheless, the growing passenger traffic and planned aircraft deliveries to the airlines and aircraft during the forecast period are expected to drive the growth of the pilot training and simulation market during the forecast period.
Currently, the number of local pilots is low in the region, and airlines in the Middle East are focusing on developing the local talent pool. While this helps the airlines in the region reduce the extra expense of hiring foreign pilots and helps the governments create local job opportunities. Such initiatives by the airlines are expected to boost the demand for pilot training in the future.