Charts & Stats

UAE Aircraft Aftermarket Parts Market by Parts

By Parts, the market is segmented into MRO Parts, Rotable Scrap Replacement Parts, Consumable, and Expendable (2015-2023)

Author: Wantstats Research TeamSource: Wantstats Repository
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UAE Aircraft Aftermarket Parts Market by Parts — full underlying data
LabelMRO PartsRotable Scrap Replacement PartsConsumableExpendable
20152026.6 USD Mn657.2 USD Mn323.9 USD Mn338.7 USD Mn
20162178.7 USD Mn683.6 USD Mn340.8 USD Mn361.8 USD Mn
20172342.6 USD Mn711 USD Mn358.4 USD Mn386.5 USD Mn
20182523.6 USD Mn740.8 USD Mn377.5 USD Mn413.4 USD Mn
20192723.2 USD Mn773 USD Mn398.2 USD Mn442.9 USD Mn
20202940.5 USD Mn807.1 USD Mn420.1 USD Mn474.5 USD Mn
20213188.4 USD Mn845.9 USD Mn444.8 USD Mn510.4 USD Mn
20223457 USD Mn886.5 USD Mn470.8 USD Mn548.7 USD Mn
20233728.2 USD Mn966.5 USD Mn499.6 USD Mn569.9 USD Mn

Data Source: Wantstats Repository

Wantstats

Market Dynamics

UAE aircraft aftermarket parts market has witnessed a sharp rise in demand over the years, driven by various factors such as increasing air travel and growth in the aviation industry. Aftermarket parts are the parts and components used to maintain and repair aircrafts after their initial sale and delivery. These parts are essential for the safe and efficient functioning of aircrafts and are constantly in demand by airlines, maintenance, repair and overhaul (MRO) service providers, and other players in the aviation industry. One of the key drivers of demand for aircraft aftermarket parts in the UAE is the growing air travel in the region. The UAE is a hub for commercial and business air travel in the Middle East, with major airlines such as Emirates, Etihad, and Qatar Airways operating from the country. The increasing number of passengers and flights has led to a higher demand for aircraft maintenance and repair services, thus driving the demand for aftermarket parts. Moreover, the UAE government has made significant investments in the aviation industry, including the expansion and development of airports and the construction of new ones. This has resulted in an increased fleet size, further boosting the demand for aftermarket parts.

Additionally, the UAE is home to several MRO service providers, making it easier for airlines and other players to access the required aftermarket parts. Another factor contributing to the demand for aircraft aftermarket parts in the UAE is the focus on safety and maintenance of aircrafts. The country has a strong regulatory framework for aviation safety, and strict regulations are enforced to ensure the airworthiness of aircrafts. This has resulted in a greater emphasis on regular maintenance and replacement of parts, thus driving the demand for aftermarket parts. In terms of specific parts, the demand for engines and engine components accounts for a significant portion of the UAE aircraft aftermarket parts market. This can be attributed to the fact that engines are one of the most critical and expensive components of an aircraft, and require frequent maintenance and replacement. Other key parts in demand include avionics, landing gear, and airframe components. To meet the growing demand for aftermarket parts, several multinational companies have established their presence in the UAE, supplying original equipment manufacturer (OEM) and aftermarket parts.

Furthermore, the UAE has also seen a rise in the number of local companies producing aftermarket parts, providing more options and promoting healthy competition in the market. Overall, the demand for aircraft aftermarket parts in the UAE is driven by the growth in air travel, government investments, and a focus on safety and maintenance. With the continuous expansion and development of the aviation industry in the country, the demand for aftermarket parts is expected to further increase in the years to come.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.

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