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Middle East & Africa Aircraft Ignition System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Type (Electric Ignition and Magneto Ignition), Component (Ignition Leads, Igniters, Spark Plugs, Exciters, and Others), and Engine Type (Turboprop Engine, Turbofan Engine, Turbojet Engine, and Piston Engine)
Market Report I 2023-02-13 I 96 Pages I The Insight Partners
The Middle East & Africa aircraft ignition system market is expected to grow from US$ 36.66 million in 2022 to US$ 45.49 million by 2028. It is estimated to grow at a CAGR of 3.7% from 2022 to 2028.
Future Engine Orders to Propel Ignition System Demand is Driving the Middle East & Africa Aircraft Ignition System Market
With the surge in passenger traffic, aircraft production is likely to receive notable orders from major airliners. According to CAPA - Centre for Aviation, Airbus and Boeing are expected to deliver thousands of commercial aircraft by the end of 2022. Some of the major contracts and developments have taken place in recent years. For instance, in July 2021, Pratt & Whitney, a Raytheon Technologies business, announced to have received an order of more than 800 units of GTF engines from different customers. Out of these, AerCap had ordered GTF Engines for 80 Airbus A320neo Family Aircraft. Thus, the rising orders for aircraft engines and increasing in-service engine volume due to expanding fleet of aircraft are speculated to generate an opportunity for aftermarket overhaul replacement in the aircraft ignition system market across the region, thereby driving the Middle East & Africa aircraft ignition system market .
Middle East & Africa Aircraft Ignition System Market Overview
The Middle East & Africa aircraft ignition system market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Israel Aerospace Industries Atlas Aircraft Corporation, and Jabiru are among the key aircraft supplier operating across the region, which generate a notable demand for aircraft engines. MTU Maintenance and General Electric Company are a few of the aircraft engine manufacturers in the region. The growing need for engines is, in turn, bolstering the demand for engine components in the Middle East & Africa. Additionally, many MRO engine service providers offering upkeep and replacement services to airlines and aircraft manufacturers have prominent presence across the Middle East & Africa. A few of the engine maintenance, repair, and operation (MRO) service providers operating in the Middle East & Africa include Emirates Engineering, Turkish Technic Inc., Etihad Engineering., and South African Airways Technical (SAAT). Initiatives by these companies to enhance their service offering capabilities are contributing to the growth of the Middle East & Africa aircraft ignition system market.
Middle East & Africa Aircraft Ignition System Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Aircraft Ignition System Market Segmentation
The Middle East & Africa aircraft ignition system market is segmented based on component, type, engine type, and country.
Based on component, the Middle East & Africa aircraft ignition system market is segmented into ignition leads, igniters, spark plugs, exciters, and others. The spark plugs segment held the largest market share in 2022.
Based on type, the Middle East & Africa aircraft ignition system market is bifurcated into electric ignition and magneto ignition. The electric ignition segment held a larger market share in 2022.
Based on engine type, the Middle East & Africa aircraft ignition system market is segmented into turboprop engine, turbofan engine, turbojet engine, and piston engine. The turbofan engine segment held the largest market share in 2022.
Based on country, the Middle East & Africa aircraft ignition system market has been categorized into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa dominated the market in 2022.
Champion Aerospace Inc, Continental Aerospace Technologies Inc, Sonex LLC, Surefly Partners Ltd, and Tempest Aero Group LLC are the leading companies operating in the Middle East & Africa aircraft ignition system market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Aircraft Ignition System Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA Aircraft Ignition System Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Aircraft Production
5.1.2 Growing Adoption of Fully Authority Digital Engine Control (FADEC) systems
5.2 Market Restraints
5.2.1 Discontinuation of Quadjet Production
5.3 Market Opportunities
5.3.1 Future Engine Orders to Propel Ignition System Demand
5.4 Future Trends
5.4.1 Product Development and Expansion of Distribution Channels
5.5 Impact Analysis of Drivers and Restraints
6. Aircraft Ignition System Market - MEA Analysis
6.1 MEA Aircraft Ignition System Market Forecast and Analysis
7. MEA Aircraft Ignition System Market Analysis - By Component
7.1 Overview
7.2 MEA Aircraft Ignition System Market, by Component (2021 & 2028)
7.3 Ignition Leads
7.3.1 Overview
7.3.2 Ignition Leads: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Igniters
7.4.1 Overview
7.4.2 Igniters: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Spark Plugs
7.5.1 Overview
7.5.2 Spark Plugs: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Exciters
7.6.1 Overview
7.6.2 Exciters: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
8. MEA Aircraft Ignition System Market Analysis - By Type
8.1 Overview
8.2 MEA Aircraft Ignition System Market, by Type (2021 & 2028)
8.3 Electric Ignition
8.3.1 Overview
8.3.2 Electric Ignition: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Magneto Ignition
8.4.1 Overview
8.4.2 Magneto Ignition: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
9. MEA Aircraft Ignition System Market Analysis - By Engine Type
9.1 Overview
9.2 MEA Aircraft Ignition System Market, by Engine Type (2021 & 2028)
9.3 Turboprop Engine
9.3.1 Overview
9.3.2 Turboprop Engine: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Turbofan Engine
9.4.1 Overview
9.4.2 Turbofan Engine: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Turbojet Engine
9.5.1 Overview
9.5.2 Turbojet Engine: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Piston Engine
9.6.1 Overview
9.6.2 Piston Engine: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
10. MEA Aircraft Ignition System Market - Country Analysis
10.1 Overview
10.1.1 MEA: Aircraft Ignition System Market, by Key Country
10.1.1.1 Saudi Arabia: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Saudi Arabia: Aircraft Ignition System Market, by Type
10.1.1.1.2 Saudi Arabia: Aircraft Ignition System Market, by Component
10.1.1.1.3 Saudi Arabia: Aircraft Ignition System Market, by Engine Type
10.1.1.2 UAE: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 UAE: Aircraft Ignition System Market, by Type
10.1.1.2.2 UAE: Aircraft Ignition System Market, by Component
10.1.1.2.3 UAE: Aircraft Ignition System Market, by Engine Type
10.1.1.3 South Africa: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 South Africa: Aircraft Ignition System Market, by Type
10.1.1.3.2 South Africa: Aircraft Ignition System Market, by Component
10.1.1.3.3 South Africa: Aircraft Ignition System Market, by Engine Type
10.1.1.4 Rest of MEA: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Rest of MEA: Aircraft Ignition System Market, by Type
10.1.1.4.2 Rest of MEA: Aircraft Ignition System Market, by Component
10.1.1.4.3 Rest of MEA: Aircraft Ignition System Market, by Engine Type
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. COMPANY PROFILES
12.1 Sonex LLC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Champion Aerospace Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Tempest Aero Group LLC
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Surefly Partners Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Continental Aerospace Technologies Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. MEA Aircraft Ignition System Market, Revenue and Forecast, 2019-2028 (US$ Million)
Table 2. Saudi Arabia: Aircraft Ignition System Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 3. Saudi Arabia: Aircraft Ignition System Market, by Component - Revenue and Forecast to 2028 (US$ Million)
Table 4. Saudi Arabia: Aircraft Ignition System Market, by Engine Type - Revenue and Forecast to 2028 (US$ Million)
Table 5. UAE: Aircraft Ignition System Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 6. UAE: Aircraft Ignition System Market, by Component - Revenue and Forecast to 2028 (US$ Million)
Table 7. UAE: Aircraft Ignition System Market, by Engine Type - Revenue and Forecast to 2028 (US$ Million)
Table 8. South Africa: Aircraft Ignition System Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 9. South Africa: Aircraft Ignition System Market, by Component - Revenue and Forecast to 2028 (US$ Million)
Table 10. South Africa: Aircraft Ignition System Market, by Engine Type - Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of MEA: Aircraft Ignition System Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of MEA: Aircraft Ignition System Market, by Component - Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of MEA: Aircraft Ignition System Market, by Engine Type - Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA Aircraft Ignition System Market Segmentation
Figure 2. MEA Aircraft Ignition System Market Segmentation - Country
Figure 3. MEA Aircraft Ignition System Market Overview
Figure 4. MEA Aircraft Ignition System Market, by Component
Figure 5. MEA Aircraft Ignition System Market, by Country
Figure 6. Porter's Five Forces Analysis
Figure 7. MEA Aircraft Ignition System Market: Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. MEA Aircraft Ignition System Market: Impact Analysis of Drivers and Restraints
Figure 10. MEA Aircraft Ignition System Market, Forecast and Analysis (US$ Million)
Figure 11. MEA Aircraft Ignition System Market Revenue Share, by Component (2021 & 2028)
Figure 12. Ignition Leads: MEA Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. Igniters: MEA Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. Spark Plugs: MEA Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. Exciters: MEA Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Others: MEA Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA Aircraft Ignition System Market Revenue Share, by Type (2021 & 2028)
Figure 18. Electric Ignition: MEA Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Magneto Ignition: MEA Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. MEA Aircraft Ignition System Market Revenue Share, by Engine Type (2021 & 2028)
Figure 21. Turboprop Engine: MEA Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Turbofan Engine: MEA Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Turbojet Engine: MEA Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Piston Engine: MEA Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. MEA: Aircraft Ignition System Market, by Key Country - Revenue (2021) (US$ 'Million)
Figure 26. MEA: Aircraft Ignition System Market Revenue Share, by Key Country (2021 & 2028)
Figure 27. Saudi Arabia: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. UAE: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. South Africa: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of MEA: Aircraft Ignition System Market - Revenue and Forecast to 2028 (US$ Million)
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