| Product Code: ETC282399 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Saudi Arabia aircraft engines market, the import trend experienced significant growth from 2023 to 2024, with a remarkable rate of 1860.62%. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 17.04%. This surge can be attributed to increased demand for advanced aircraft technologies and a strategic focus on enhancing the country`s aviation capabilities.
The saudi arabia aircraft engines market has witnessed steady growth due to increased air travel and investment in aviation infrastructure. The country`s strategic geographic location has positioned it as a key hub for both domestic and international flights. This has driven demand for modern and efficient aircraft engines that offer better fuel efficiency and reduced emissions. The government`s commitment to expanding its aviation sector, coupled with partnerships with global aerospace companies, has further boosted the aircraft engines market. As Saudi Arabia aims to diversify its economy, the aerospace industry, including aircraft engines, is expected to play a vital role in achieving these goals.
The Saudi Arabia aircraft engines market is being propelled by several factors. Firstly, the rapid expansion of the aviation sector in the country, driven by increased air travel demand, is creating a significant need for new and advanced aircraft engines. The country`s strategic geographical location as a global transit hub further fuels this demand. Additionally, saudi arabia focus on enhancing its defense capabilities and military aviation is contributing to the growth of the market, with investments in modernizing and upgrading aircraft engines for military aircraft. Moreover, partnerships with leading international aerospace companies and initiatives to develop domestic aerospace manufacturing capabilities are also driving the market forward. The emphasis on fuel efficiency, reduced emissions, and advanced technologies in aircraft engines aligns with global trends and strengthens market growth in Saudi Arabia.
The aircraft engines market faces challenges related to the need for fuel-efficient and environmentally friendly propulsion systems. Market players must invest in research and development to meet stringent emissions regulations and improve engine performance. Competition from international engine manufacturers adds complexity to the market.
The Saudi Arabia aircraft engines market faced a substantial impact from the COVID-19 pandemic. With global travel restrictions, reduced passenger demand, and airlines grounding their fleets, the aviation industry experienced a severe downturn. This directly affected the market for aircraft engines, as airlines deferred maintenance and replacement programs. Aircraft manufacturers faced delays in deliveries, and engine manufacturers had to adjust production schedules accordingly. Airlines focused on preserving cash, which included delaying engine purchases and overhauls. However, the pandemic also accelerated discussions around sustainability and the adoption of more fuel-efficient engines, potentially leading to increased demand for advanced engine technologies in the long term. The recovery of the market was closely tied to the recovery of the aviation industry and its ability to regain passenger confidence.
In the saudi arabia aircraft engines market, major players include saudi arabia Airlines Technical Services, Saudia Aerospace Engineering Industries (SAEI), and Rolls-Royce Saudi Arabia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Aircraft Engines Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Aircraft Engines Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Aircraft Engines Market - Industry Life Cycle |
3.4 Saudi Arabia Aircraft Engines Market - Porter's Five Forces |
3.5 Saudi Arabia Aircraft Engines Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Aircraft Engines Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Saudi Arabia Aircraft Engines Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.8 Saudi Arabia Aircraft Engines Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Aircraft Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing air passenger traffic in Saudi Arabia leading to higher demand for aircraft engines |
4.2.2 Growth in the aviation sector and expansion of airline fleets in the region |
4.2.3 Technological advancements in aircraft engine design and performance |
4.3 Market Restraints |
4.3.1 Volatility in oil prices impacting operating costs for airlines and aircraft operators |
4.3.2 Regulatory challenges and government policies affecting the aviation industry |
4.3.3 Competition from other engine manufacturers and suppliers in the market |
5 Saudi Arabia Aircraft Engines Market Trends |
6 Saudi Arabia Aircraft Engines Market, By Types |
6.1 Saudi Arabia Aircraft Engines Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Aircraft Engines Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Aircraft Engines Market Revenues & Volume, By Turboprop, 2021-2031F |
6.1.4 Saudi Arabia Aircraft Engines Market Revenues & Volume, By Turboshaft, 2021-2031F |
6.1.5 Saudi Arabia Aircraft Engines Market Revenues & Volume, By Turbofan, 2021-2031F |
6.1.6 Saudi Arabia Aircraft Engines Market Revenues & Volume, By Piston Engine, 2021-2031F |
6.2 Saudi Arabia Aircraft Engines Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Aircraft Engines Market Revenues & Volume, By Conventional Engine, 2021-2031F |
6.2.3 Saudi Arabia Aircraft Engines Market Revenues & Volume, By Electric/Hybrid, 2021-2031F |
6.3 Saudi Arabia Aircraft Engines Market, By Platform |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Aircraft Engines Market Revenues & Volume, By Fixed Wing, 2021-2031F |
6.3.3 Saudi Arabia Aircraft Engines Market Revenues & Volume, By Rotary Wing, 2021-2031F |
6.4 Saudi Arabia Aircraft Engines Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Aircraft Engines Market Revenues & Volume, By General Aviation, 2021-2031F |
6.4.3 Saudi Arabia Aircraft Engines Market Revenues & Volume, By Business Aviation, 2021-2031F |
6.4.4 Saudi Arabia Aircraft Engines Market Revenues & Volume, By Recreational Aviation, 2021-2031F |
6.4.5 Saudi Arabia Aircraft Engines Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Aircraft Engines Market Import-Export Trade Statistics |
7.1 Saudi Arabia Aircraft Engines Market Export to Major Countries |
7.2 Saudi Arabia Aircraft Engines Market Imports from Major Countries |
8 Saudi Arabia Aircraft Engines Market Key Performance Indicators |
8.1 Average fleet age of airlines in Saudi Arabia |
8.2 Number of new aircraft orders in the region |
8.3 Investment in research and development for aircraft engine technologies |
9 Saudi Arabia Aircraft Engines Market - Opportunity Assessment |
9.1 Saudi Arabia Aircraft Engines Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Aircraft Engines Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Saudi Arabia Aircraft Engines Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.4 Saudi Arabia Aircraft Engines Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Aircraft Engines Market - Competitive Landscape |
10.1 Saudi Arabia Aircraft Engines Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Aircraft Engines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |