At 4.3% CAGR, Middle East & Africa Helicopter MRO MarketisProjected to be Worth US$ 4,702.57 Million by 2030, says Business Market Insights.

According to Business Market Insights’ research, the Middle East & Africa helicopter MRO market was valued at US$ 3,369.84 million in 2022 and is expected to reach US$ 4,702.57 million by 2030, registering a CAGR of 4.3% from 2022 to 2030. Increasing demand for light and medium weight helicopter are among the critical factors attributed to the Middle East & Africa helicopter MRO market expansion.

Light and medium-weight helicopters are mainly categorized on the basis of their take-off weight capacity. Lightweight helicopters have a take-off capacity of up to 3,500 kg, whereas medium-weight helicopters have a take-off capacity between 3,500kg and 8,000kg. The demand for light and medium-weight helicopters is mainly driven by increased adoption in emergency medical services (EMS). The air ambulance industry has become an essential part of the remarkable healthcare infrastructure in the UAE. During MEBAA 2022, Airbus Helicopters announced two new contracts: one for services and one for aircraft from Falcon Aviation Services. These announcements demonstrate the company's ongoing efforts to gain market share in the Middle East. Apart from the medical transport application, the demand for these helicopters has increased in the tourism sector. Increasing tourism expenditure and rising helicopter tour popularity directly affect the helicopter tourism industry positively. For instance, in December 2022, Falcon Aviation Services signed a deal to procure five new lightweight Airbus H130 helicopters. Thus, with rising helicopter tour services and emergency medical services, the demand for light and medium-weight helicopters has increased in the past few years, ultimately propelling the need for helicopter MRO services across the world.

On the contrary, lack of workforce in industryhelicopter MRO market manufacturers hurdles the growth of Middle East & Africa helicopter MRO market.

Based on component, the Middle East & Africa helicopter MRO market is categorized into airframe maintenance, engine maintenance, component maintenance, and Line maintenance. The engine maintenance segment held 46.8% market share in 2022, amassing US$ 1,578.39 million. It is projected to garner US$ 2,304.41 million by 2030 to expand at 4.8% CAGR during 2022–2030.

In terms of helicopter type, the Middle East & Africa helicopter MRO market is categorized into light helicopter, medium helicopter, and heavy helicopter. The medium helicopter held 47.7% share of Middle East & Africa helicopter MRO market in 2022, amassing US$ 1,605.93 million. It is projected to garner US$ 2,233.48 million by 2030 to expand at 4.2% CAGR during 2022–2030.

Based on end user, the Middle East & Africa helicopter MRO market is bifurcated into commercial and military. The military segment held 73.2% share of Middle East & Africa helicopter MRO market in 2022, amassing US$ 2,468.06 million. It is projected to garner US$ 3,549.48 million by 2030 to expand at 4.6% CAGR during 2022–2030.

Based on country, the Middle East & Africa helicopter MRO market has been categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 47.8% share of Middle East & Africa helicopter MRO market in 2022. It was assessed at US$ 1,609.62 million in 2022 and is likely to hit US$ 2,413.72 million by 2030, exhibiting a CAGR of 5.2% during 2022–2030.

Key players operating in the Middle East & Africa helicopter MRO market are AAL Group Ltd, Saudi Rotorcraft Support Co, Gulf Helicopters Co, EDGE Group PJSC, Abu Dhabi Aviation Co, Airbus SE, Elbit Systems Ltd, Israel Aerospace Industries Ltd, and Leonardo SpAamong others.

• In October 2022, Abu Dhabi Aviation received an offer from ADQ Aviation and Aerospace Services LLC (ADQ Aviation) to take a controlling stake in the company. The deal would see ADA's operations merge with the ADQ Aviation-controlled Advanced Military Maintenance Repair and Overhaul Centre LLC (AMMROC), Etihad Airways Engineering LLC, and aviation services Global Aerospace Logistics businesses.
• In July 2021, EDGE Group entity, GAL, a leading regional provider of integrated aircraft sustainment solutions for military and civilian customers, has been awarded an exclusive Performance-Based Logistics (PBL) contract to supply the UAE Air Force and Air Defence (AFAD) with maintenance, repair and overhaul (MRO), and specialised support services.

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com