The Middle East aviation market is expected to grow at a CAGR of 3.9% during the forecast period of 2022-2028. The aviation market in the Middle East region includes airport operations, airlines, and aviation support services. The growth of the Middle East aviation market is driven by several factors, including the increasing demand for air travel and the expansion of aviation infrastructure in the region. In addition, the growing tourism industry in the Middle East is also contributing to the growth of the market.
The report highlights some challenges facing the Middle East aviation market, including the impact of the COVID-19 pandemic on the aviation industry and global travel restrictions, as well as competition from other global aviation hubs. In addition, geopolitical tensions in the region may impact the growth of the market.
Key Segmental and Regional Analysis
Based on type, the RationalStat report identifies commercial aviation as the largest segment of the Middle East aviation market, accounting for the majority of the market share. This is due to the growth of regional airlines and the expansion of global airlines in the region, driven by increasing demand for air travel. Regionally, the report identifies the United Arab Emirates (UAE) and Saudi Arabia as the largest market for aviation services in the Middle East, driven by the growth in regional airports such as Dubai and Abu Dhabi as major global aviation hubs. Other countries, such as Qatar, Egypt, and Iran, are also expected to contribute significantly to the growth of the market.
Market Structure and Competitive Landscape
Some of the prominent players that contribute significantly to the Middle East Aviation Market growth include Emirates Group, Etihad Airways, Qatar Airways, Saudi Arabian Airlines, Gulf Air, Flydubai, Air Arabia, Oman Air, Jazeera Airways, Royal Jordanian Airlines, etc. These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Partnerships and collaborations, and product launches are some of the strategies followed by industry players.
Key Market Segmentation
RationalStat has segmented the Middle East Aviation Market on the basis of type and region.
- By Type
- Commercial Aviation
- Passenger Aircraft
- Military Aviation
- General Aviation
- Piston Fixed-wing Aircraft
- Turboprop Aircraft
- Business Jet
- Commercial Aviation
- By Region
- Rest of the Middle East
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecast, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
- Annual reports, company filings, investor presentations, product catalogs and company documents
- Industry and market-related documents available in the public domain
- Paid database including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, Thomson Reuters, among others
- Whitepapers, research papers, and industry blogs.
Why Buy this Report?
The report is intended for airlines, airports, aviation suppliers, investors, and government agencies, regulatory agencies, and market research firms, among others. The report provides an in-depth analysis of market size, consumption pattern, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions.