The Middle-East Aircraft MRO Market size is estimated at USD 6.18 billion in 2024, and is expected to reach USD 7.14 billion by 2029, growing at a CAGR of 2.91% during the forecast period (2024-2029).
The Middle East Aircraft MRO Market is semi-consolidated. Saudia Aerospace Engineering Industries and Emirates Engineering are the prominent market players, followed by Rolls-Royce plc, RTX Corporation, and Etihad Airways Engineering LLC, among others. MRO service providers in the region are expanding their offerings and collaborating with domestic airlines as well as international airlines.
In May 2022, Sanad, a global aerospace engineering and leasing company wholly owned by Abu Dhabi's Mubadala Investment Company PJSC (Mubadala), and Triumph Group, Inc., a US-based aerospace manufacturer and MRO provider with significant engine component repair experience, announced the signing of a memorandum of understanding (MOU) outlining their plans to collaborate on the provision of next-generation engine MRO capabilities in the UAE. With the growing support from the government to boost the aviation industry in the Middle East countries, it is anticipated that the MRO market in this region will be more competitive by the end of the forecast period.
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