Market Forecast By Parts Type (MRO Parts, Rotable Replacement Parts), By Component Type (Engine, Airframe, Interior, Cockpit Systems, Others), By Aircraft Type (Narrow-body, Wide-body, Regional Aircraft) And Competitive Landscape
Product Code: ETC240760 | Publication Date: Aug 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
United Arab Emirates (UAE) Aircraft Aftermarket Parts market currently, in 2023, has witnessed an HHI of 3375, Which has decreased slightly as compared to the HHI of 4004 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
UAE Aircraft Aftermarket Parts Market report thoroughly covers the market by parts type, by component type, and by aircraft type. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The UAE Aircraft Aftermarket Parts Market has been securing a major growth prospect over the past years, supported by the increasing numbers of aircraft in the UAE airspace, the demand for aftermarket aircraft parts is expected to increase. The rapidly growing commercial aviation sector, growing numbers of MRO activities, and growing spare parts demand in the military aviation domain.
According to 6Wresearch, the UAE Aircraft Aftermarket Parts Market size is estimated to reach at a CAGR of 3.7% during the forecast period 2025-2031. The market growth is influenced by various growing factors, including the need for timely maintenance, repair, and overhaul services to ensure the continued airworthiness of aircraft. Additionally, the increasing demand for spare parts due to the expansion of the UAE`s aviation fleet. An emphasis on cost-effective solutions and the presence of established Maintenance, Repair, and Overhaul facilities further contribute to the industry’s growth. The aircraft aftermarket parts industry in the UAE faces several challenges, including the high cost of specialized equipment and labor, increased regulatory scrutiny, and environmental concerns. However, the market trends clearly indicate that there is significant growth potential in the region. Players in the market are capitalizing on the latest technological advancements, such as 3D printing, to manufacture superior quality parts at a lower cost. With the increasing adoption of IoT, AI, and predictive analytics, there is a growing focus on creating predictive maintenance strategies to prevent downtime and reduce operating costs.
The UAE government has been boosting and supporting the country's aviation industry, including the formation of aviation free zones and investment in state-of-the-art infrastructure. The government has also established an aerospace research and innovation centre to contribute to the local aviation industry and propel it toward sustainable growth. These initiatives are supporting the UAE Aircraft Aftermarket Parts Market growth.
There are several key players in the aircraft aftermarket parts market in the UAE, including Honeywell Aerospace, UTC Aerospace Systems, B/E Aerospace, and Lufthansa Technik. These companies have a strong presence in the UAE and have established partnerships with leading airlines.
According to Shivankar, Research Manager, 6Wresearch, MRO Parts are currently growing in the market due to the growing expansion of the aviation industry and the need for reliable and timely maintenance and repair.
Based on the application, airframe components are currently securing a massive growth, driven by the increasing number of airlines, passengers, and aircraft in the country has resulted in more maintenance needs.
Based on the aircraft type, the demand for narrow-body aircraft aftermarket parts in the UAE is growing at a steady rate, supported by the expansion of low-cost carriers, airline modernization efforts, and the growth of eCommerce.
Market Covered
The report offers a comprehensive study of the subsequent market segments:
By Parts Type
By Component Type
By Aircraft Type
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 UAE Aircraft Aftermarket Parts Market Overview |
3.1 UAE Country Macro Economic Indicators |
3.2 UAE Aircraft Aftermarket Parts Market Revenues & Volume, 2021 & 2031F |
3.3 UAE Aircraft Aftermarket Parts Market - Industry Life Cycle |
3.4 UAE Aircraft Aftermarket Parts Market - Porter's Five Forces |
3.5 UAE Aircraft Aftermarket Parts Market Revenues & Volume Share, By Parts Type, 2021 & 2031F |
3.6 UAE Aircraft Aftermarket Parts Market Revenues & Volume Share, By Component Type, 2021 & 2031F |
3.7 UAE Aircraft Aftermarket Parts Market Revenues & Volume Share, By Aircraft Type, 2021 & 2031F |
4 UAE Aircraft Aftermarket Parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 UAE Aircraft Aftermarket Parts Market Trends |
6 UAE Aircraft Aftermarket Parts Market, By Types |
6.1 UAE Aircraft Aftermarket Parts Market, By Parts Type |
6.1.1 Overview and Analysis |
6.1.2 UAE Aircraft Aftermarket Parts Market Revenues & Volume, By Parts Type, 2021 - 2031F |
6.1.3 UAE Aircraft Aftermarket Parts Market Revenues & Volume, By MRO Parts, 2021 - 2031F |
6.1.4 UAE Aircraft Aftermarket Parts Market Revenues & Volume, By Rotable Replacement Parts, 2021 - 2031F |
6.2 UAE Aircraft Aftermarket Parts Market, By Component Type |
6.2.1 Overview and Analysis |
6.2.2 UAE Aircraft Aftermarket Parts Market Revenues & Volume, By Engine, 2021 - 2031F |
6.2.3 UAE Aircraft Aftermarket Parts Market Revenues & Volume, By Airframe, 2021 - 2031F |
6.2.4 UAE Aircraft Aftermarket Parts Market Revenues & Volume, By Interior, 2021 - 2031F |
6.2.5 UAE Aircraft Aftermarket Parts Market Revenues & Volume, By Cockpit Systems, 2021 - 2031F |
6.2.6 UAE Aircraft Aftermarket Parts Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 UAE Aircraft Aftermarket Parts Market, By Aircraft Type |
6.3.1 Overview and Analysis |
6.3.2 UAE Aircraft Aftermarket Parts Market Revenues & Volume, By Narrow-body, 2021 - 2031F |
6.3.3 UAE Aircraft Aftermarket Parts Market Revenues & Volume, By Wide-body, 2021 - 2031F |
6.3.4 UAE Aircraft Aftermarket Parts Market Revenues & Volume, By Regional Aircraft, 2021 - 2031F |
7 UAE Aircraft Aftermarket Parts Market Import-Export Trade Statistics |
7.1 UAE Aircraft Aftermarket Parts Market Export to Major Countries |
7.2 UAE Aircraft Aftermarket Parts Market Imports from Major Countries |
8 UAE Aircraft Aftermarket Parts Market Key Performance Indicators |
9 UAE Aircraft Aftermarket Parts Market - Opportunity Assessment |
9.1 UAE Aircraft Aftermarket Parts Market Opportunity Assessment, By Parts Type, 2021 & 2031F |
9.2 UAE Aircraft Aftermarket Parts Market Opportunity Assessment, By Component Type, 2021 & 2031F |
9.3 UAE Aircraft Aftermarket Parts Market Opportunity Assessment, By Aircraft Type, 2021 & 2031F |
10 UAE Aircraft Aftermarket Parts Market - Competitive Landscape |
10.1 UAE Aircraft Aftermarket Parts Market Revenue Share, By Companies, 2024 |
10.2 UAE Aircraft Aftermarket Parts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |