DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Middle East & Africa General Aviation Market: Opportunities, trends and Challenges (2016 - 2021)" report to their offering.
General Aviation includes all aviation activities except those of scheduled commercial airlines and the military.
Global General Aviation sector is showing tremendous growth due to growing interest of the general public. Another factor is the growing number of millionaires. The numbers of millionaires in the world are rising at a tremendous pace.
The Middle East is a very wealthy region, but the income is concentrated only in the top echelons of society , so the growth of the market though strong will be limited. Same is the situation with Africa, although due to countries like South Africa, Nigeria, Egypt and Ghana, this trend is slowly changing. These countries are experiencing a surge in the number of middle class population and a general rise in levels of prosperity which is slowly increasing the market for General Aviation Aircraft in the region.
The Business Jet Market Currently is close to $2 billion in the region and it contributes the highest revenue in the Middle East & Africa General Aviation Market; moreover, the Business Jet Market is poised to show one of the fastest growth rates in the future as well. The three broad categories of business jets are Large Cabin, Medium and Small Cabin Jets.
The market growth will be led by Nigeria, Ghana and South Africa which will show high rates of growth. The market for general aviation aircraft is at a very nascent stage in Nigeria and Ghana, that will be one of the reasons for high rates of growth, but in future these markets will emerge to be one of the important General Aviation Markets
Key Topics Covered:
1. Research Methodology
2. Key Findings Of The Study
3. Executive Summary
4. Market Overview
5. Market Dynamics
6. Middle East & Africa General Aviation Market
7. Competitive Intelligence - Company Profiles
8. Investment Analysis
9. Future Of Middle East & Africa General Aviation Market
- Lockheed Martin
- Textron Aviation
- Dassault Falcon Jet
- Diamond Aircraft
- Robinson Aircraft Company
For more information about this report visit http://www.researchandmarkets.com/research/b8k7nl/middle_east_and