DUBLIN--(BUSINESS WIRE)--The "Middle East & Africa General Aviation Market - Opportunities, Trends and Challenges (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The Middle East and Africa general aviation market is expected to register a CAGR of 5% during the forecast period, 2018 to 2023.
The numbers of millionaires in the world are rising at a tremendous pace. The number of millionaires in the world increased by more than 7.9% in 2017, as compared to 2016, with a total wealth recorded of more than USD 63 trillion.
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. The situation is similar 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.
- March 2017: Dubai Aerospace Enterprise Ltd. announced that it completed the purchase of ATR 72-600 aircraft from GECAS. The latest purchase increased DAEs fleet size to 57 that includes owned and committed aircraft.
- ATR Aircraft
- Textron Aviation Inc.
- Embraer S.A
- Bombardier Inc.
- Pilatus Aircraft
- One Aviation Corporation
- Cirrus Aircraft
- Lockheed Martin
- Dassault Aviation
Key Topics Covered
2. Research Methodology
3. Market Insights
4. Market Dynamics
8. Middle East and Africa General Aviation Market, Segmented by Type
9. Middle East and Africa General Aviation Market, Segmented by Geography
10. Competitive Landscape
11. Company Profiles
12. Future Outlook
For more information about this report visit https://www.researchandmarkets.com/research/7m6krl/middle_east_and?w=4