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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
MENA Maintenance, Repair, and Operations (MRO) Market Outlook
The MENA maintenance, repair, and operations (MRO) market is expected to grow at a CAGR of 2.5% during the forecast period of 2024-2032 to reach a value of about USD 57.89 billion by 2032.
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Middle East and African Countries Supporting the Growth of the Industry
The demand for combat aircraft in the area is being fuelled by an increase in defence spending by major regional economic forces such as Saudi Arabia, Israel, Turkey, and Iran. Many nations, including the United Arab Emirates, Saudi Arabia, and others, are focused on purchasing refurbished aircraft and upgrading their current military aircraft fleets. This aspect is contributing significantly to the region's development in the aircraft engine MRO industry and this is expected to continue over the forecast period too. Major factors driving the maintenance, repair, and service (MRO) market include a rising concern for internal performance, increased digitization, and increased investment in maintenance operations, among others.
Maintenance, Repair, and Operations (MRO): Market Segmentation
Maintenance, repair, and operations (MRO) is a concept that is used to characterise the collection of operations and tasks involved with the upkeep of a plant or facility, which may include physical maintenance of the structure or building, facility processes, and machinery used to manufacture the plant or facility's primary business product.
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Based on application, the market can be divided into:
- Services
- Goods
- Logistics
- Others
It finds end-use in the following:
- Construction and Infrastructure
- Mining
- Energy
- Utilities
- Chemical
- Aviation
- FMCG
- Pharmaceuticals
- Food and Beverages
- Defence
- Automobile
- Engineering and Manufacturing
- Others
Based on regions, the market can be divided into Saudi Arabia, United Arab Emirates, Israel, Egypt, and Turkey, among others.
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Technological Advancements Bolstering the Market Growth
A growing number of end-user businesses are investing in the market analysed because MRO helps reduce operating expenditures significantly by process optimization and streamlined supply chain management. Furthermore, in both industrialised and emerging economies, aggregate economic and industrial growth continues to fuel maintenance and repair production. The MRO business is being upgraded as part of the evolution of Industry 4.0.
The demand for Prescriptive and Predictive Maintenance software in aircraft systems is increasing. The recent advances in aviation management are a major driver of the MRO market's expansion. The use of MROs in next generation aircraft is being pushed by increasingly increasing aircraft fleets all over the world. Furthermore, the increasing use of Software-As-A-Service (SaaS) in aircraft management has a positive effect on MRO business development.
Key Industry Players in the MENA Maintenance, Repair, and Operations (MRO) Market
The report gives a detailed analysis of the following key players in the MENA maintenance, repair, and operations (MRO) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Saudia Aerospace Engineering Industries (SAEI)
- AL Mashrik Construction Company
- Egyptair Maintenance & Engineering Company
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by End Use Sector |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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MENA Maintenance, Repair, and Operations (MRO) Market Report Snapshots
MENA Maintenance, Repair, and Operations (MRO) Market Size
MENA Maintenance, Repair, and Operations (MRO) Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The MENA maintenance, repair, and operations (MRO) market is projected to grow at a CAGR of 2.5% between 2024 and 2032.
The market is being driven by the surge in defence expenditure, growing usage of Software-As-A-Service (SaaS) in aviation management, use of MROs in next-generation aircraft, increased digitisation, and the increased investment in maintenance operations.
The key trends driving the market’s expansion are the increasing number of end-user organisations investing in the markets analysed as MRO can cut operational expenses and growing technological advancements.
The major countries in the market are Saudi Arabia, United Arab Emirates, Israel, Egypt, and Turkey, among others.
The diverse applications of the market include services, goods, and logistics, among others.
The end uses are construction and infrastructure, mining, energy, utilities, chemical, aviation, FMCG, pharmaceuticals, food and beverages, defence, automobile, and engineering and manufacturing, among others.
The key players in the MENA maintenance, repair, and operations (MRO) market are Saudia Aerospace Engineering Industries (SAEI), AL Mashrik Construction Company, and Egyptair Maintenance & Engineering Company, among others.
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