Africa Aviation MRO Market By MRO Category (Engine, Component, & Others), By Aircraft Type (Light Passenger Jet, Passenger Turboprop, Others), By Application (Commercial Aviation, Business & General Aviation and Others)and by Country – Forecast to 2030

Marketresearch.Biz announces publication of its most recent generated research report titled, “Africa Aviation MRO Market by MRO Category  (Engine, Component, Line, Airframe and Modifications), By Aircraft Type (Light Passenger Jet, Passenger Turboprop, Private Jet and Other Aircrafts), By Application (Commercial Aviation, Business & General Aviation and Military Aviation) and By Country (Algeria, Egypt, Ethopia, Ghana, Kenya, Mauritania, Nigeria, South Africa and Rest of Africa) which offers a holistic view of the aviation MRO market in Africa through systematic segmentation that covers every aspect of this target market.

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The Africa aviation MRO market is projected to reach a value of USD 1,396.3 Mn by 2030, from USD 1,077.1 Mn in 2020, at a CAGR of 2.6%.

Avaiation maintenance, repair, and overhaul (MRO) refers to the overall revaming or upkeep of aircraft and its related components. In other words, it is the activity of comprehensively maintaining the airworthiness of a specific aircraft in accordance with international aviation safety standards, to ensure the the correct methods of inspection, overhaul, defect correction, replacement and modifications are implemented. Aviation MRO is extrememly essential, as this globalized industry is a crucial means for individuals to connect with one another people from around the world for cultural, recreational or business purposes. The aviation industry acts as a crucial network for global transportation, deemed essential for global businesses. It aids in the creation of jobs, in promoting economic growth, as well as international trade & tourism.

Africa Aviation MRO Market Revenue (US$ Mn), 2020–2030

As the demand for air travel is closely related to GDP trends, the steady growth in passenger traffic over the past few years has greatly exceeded economic growth. The improvement of personal living standards (especially in developing regions), the increase in middle-class populations, as well as the launch of several low-cost airlines are some of the main factors that are expected to fuel the revenue growth of this target market in the coming years. It is estimated that approximately 25,000 service technicians and 21,000 pilots will be required by this global industry over the next few years. According to Airbus, the aviation and MRO industry markets must have the capability to operate appropriately in order to meet the growing demand for air transportation.

Respective market players have begun to increase their investments towards the establishment of new MRO facilities in various parts of the African continent. This is a factor that is expected to create ample opportunities for further industry growth for the African aviation MRO market. For example, an aviation contractor company based in Nigeria plans to invest over 200 million Mexican pesos ($550,000) towards the development of MRO equipment facilities in Lagos, Nigeria over the next five years.

The Africa aviation MRO market is segmented on the basis of MRO category, aircraft type, application, as well as country. Based on MRO category, the market is segmented into engine, component, line, airframe and modifications. The engine segment accounts for the majority revenue shares of this market, and is expected to index significant growth in terms of revenue over the forecast period. Based on aircraft type, the market is segmented into light passenger jet, passenger turboprop, private jet and other aircraft. The private jet segment accounts for a significant portion of this market’s revenue share, and is projected to register a significant CAGR in the years to come. In terms of application, the market is segmented into commercial aviation, business & general aviation, and military aviation. The commercial aviation segment accounted for the highest number of revenue shares of the Africa aviation MRO market.

Africa Aviation MRO Market Attractiveness Analysis by MRO Category, 2014–2030

This research report on the Africa Aviation MRO Market includes profiles of prominent industry players such as SGS SA (SGS South Africa PTY Ltd.), Dassault Aviation (ExecuJet MRO Services), Air France Industries, KLM Engineering & Maintenance, Ethiopian Airlines, South African Airways Technical (SAAT), Kenya Airways (KQ Engineering), AJW Group, Sabena Technics, 208 Aviation, MAF Kenya, Aero Contractors (Aero MRO) and Tunisair Technics.

Segmentation of the Africa Aviation MRO Market:

Segmentation by Category:

• Engine
• Component
• Line
• Airframe and Modifications

Segmentation by Aircraft Type:

• Light Passenger Jet
• Passenger Turboprop
• Private Jet and Other Aircrafts

Segmentation by Application:

• Commercial Aviation
• Business & General Aviation and Military Aviation

Segmentation by Country:

• Algeria, Egypt
• Ethopia
• Ghana
• Kenya
• Mauritania
• Nigeria
• South Africa and Rest of Africa