GCC Aircraft MRO Market Research Report Sorted by Type (Maintenance and Repair of Engines, Airframes, Components, Lines, and Modifications), According to the type of aircraft, fixed-wing (including wide-body, narrow-body, and regional aircraft) and rotary-wing aircraft Based on the kind of engine (Turbofan, Turboprop, and Other), According to the application (business and general aviation, military aviation, and commercial aviation), By Service Provider (OEM-Affiliated MROs and Independent MROs) Forecast to 2032
Market Synopsis The maintenance, repair, and overhaul (MRO) services market for airplanes in the Gulf Cooperation Council (GCC) is expected to grow and change significantly in the upcoming years. The need for maintenance, repair, and overhaul (MRO) services is gradually increasing because the Gulf Cooperation Council (GCC) is a major aviation center. The rise in demand for air travel, the expansion of commercial airline fleets, and the development of new aircraft technologies are some of the reasons contributing to this trend. Furthermore, the GCC countries are perfect for MRO activities because of their advantageous geographic location as a bridge between key aviation markets and the East and West.
The region's commercial aviation industry is expanding rapidly, which is one of the main factors driving the GCC market for aircraft maintenance and repair services. The Gulf Cooperation Council (GCC) countries—Saudi Arabia, Qatar, and the United Arab Emirates (UAE) in particular—have made large investments to develop their airports and other aviation infrastructure, which has increased demand for MRO services. Additionally, the rise of low-cost carriers and the increasing number of passengers opting for air travel have further augmented the need for efficient MRO services to ensure aircraft safety, compliance, and operational reliability.
GCC Aircraft MRO market was valued at USD 3,872.80 million in 2022 and expected to grow USD 6,818.45 million by 2032 growing at a CAGR of 5.84% over the forecast duration 2023-2032.
Market Segment InsightBased on MRO Type, the GCC Aircraft MRO market has been segmented into Engine MRO, Airframe MRO, Component MRO, Line Maintenance and Modifications MRO.
Based on Aircraft Type, the market has been segmented into Fixed-Wing Aircraft (Wide-Body Aircraft, Narrow-Body Aircraft and Regional Aircraft), and Rotary Wing Aircraft.
Based on Engine Type, the market has been segmented into Turbofan, Turboprop and Others.
Based on Application, the market has been segmented into Commercial Aviation, Military Aviation and Business and General Aviation.
Based on Service Providers, the GCC Aircraft MRO market has been segmented into Independent MRO providers and OEM-Affiliated MROs.
Regional AnalysisIn Saudi Arabia, the aircraft Maintenance, Repair, and Overhaul (MRO) market are witnessing substantial growth driven by the expansion of the aviation sector and the increasing complexity of modern aircraft systems.
The growth in air traffic and the expanding fleet size, consisting of over 800 aircraft, underscores the critical importance of MRO services in ensuring the safety, reliability, and airworthiness of the aircraft fleet.
In the United Arab Emirates (UAE), the aircraft Maintenance, Repair, and Overhaul (MRO) market exhibit dynamic growth potential, buoyed by the country's robust aviation infrastructure and strategic initiatives aimed at fostering industry innovation and development
Bahrain's aircraft Maintenance, Repair, and Overhaul (MRO) market are experiencing significant momentum, fuelled by the country's burgeoning aviation sector and strategic initiatives aimed at enhancing air travel infrastructure and attracting new airlines.
In Kuwait, the aircraft Maintenance, Repair, and Overhaul (MRO) market are experiencing notable growth, influenced by the country's strategic location and the expanding aviation sector. With an increasing number of airlines operating in Kuwait and a growing fleet size, the demand for MRO services is on the rise.
Oman's aviation industry has witnessed remarkable growth in recent years, driven by various factors such as its strategic location, government support, and increasing demand for air travel. With its airports handling over 16 million passengers and 120,000 aircraft movements annually, Oman has emerged as a significant player in the regional aviation landscape.
As per the latest statistics released by the Civil Aviation Authority, revealing impressive growth in the aviation sector. In July 2023, there was a significant surge in aircraft movement, a booming passenger count, and a slight dip in air cargo and mail.
Principal PlayersThese include Emirates Engineering, Saudia Aerospace Engineering Industries (SAEI), ExecuJet Aviation Group, Lufthansa Technik AG, Etihad Engineering, and Alsalam Aerospace Industries.