Report

Saudi Arabia aircraft parts market is projected to witness a CAGR of 5.43% during the forecast period 2025-2032, growing from USD 1.67 billion in 2024 to USD 2.56 billion in 2032. The market has experienced significant growth in recent years and is expected to maintain a decent expansion in the coming years. The growth of the aircraft parts market in Saudi Arabia is primarily driven by a substantial rise in aircraft deliveries and an increasing number of air fleet. The need for air travel is growing, especially in Saudi Arabia, which calls for new aircraft requirements across significant markets. Additionally, the country's emphasis on advancing its aviation sector as part of its Vision 2030 strategy contributes to the Saudi Arabia aircraft parts market. The Saudi aircraft parts market is looking optimistic, with prospects indicating tremendous growth through increased passengers and the modernization of airlines. Global aerospace leaders are increasingly considering Saudi Arabia for sourcing because of its cost-effective solutions and skilled workforce. This trend is expected to enhance local manufacturing capabilities by strengthening Saudi Arabia's position in the global supply chain, potentially driving a transformative evolution in the aerospace sector.
For instance, in January 2025, Riyadh Air received its leased Boeing 787-9 Dreamliner, which serves as a technical spare and training asset. The aircraft supports pilot and crew training and aids in obtaining the Air Operator Certificate (AOC) from Saudi Arabia's aviation authority. This step is part of Riyadh Air's preparation to commence operations later in 2025.
Aircraft Fleet Expansion Drives the Saudi Arabia Aircraft Parts Market Demand
The expansion of the aircraft fleet in Saudi Arabia closely drives demand for aircraft parts in the region. With a diversifying economy and aviation sector, many airlines are expanding their fleets to cater to surging demands for travel. All these come closely in cohesion with Saudi Arabia's Vision 2030 of making the nation a global hub in aviation. The influx of new aircraft requires a strong parts supply chain and maintenance, repair, and overhaul services. Additionally, numerous certified repair stations have been established to facilitate this growth, ensuring the airlines can maintain operational efficiency. The increase in the number of commercial and military aircraft amplifies the demand for high-quality aircraft parts, thereby opening revenue opportunities for aircraft parts suppliers. An increased fleet is, in fact, a catalyst for sustained growth within the aviation aftermarket of Saudi Arabia.
For instance, in November 2024, Riyadh Air ordered 60 units of the Airbus A321neo family aircraft. The A321neo has the highest levels of fuel efficiency and represents state-of-the-art technology, airline is committed to a global trend towards sustainability, rapidly gaining momentum worldwide. This order also signals a growing demand for air travel and reflects the country's plans for broader economic diversification and tourism opportunities.
Aviation Sector Enhancement Under Vision 2030 Drives Market Growth
Saudi Arabia is strategically focusing on enhancing its aerospace capabilities aligned with its Vision 2030, mainly towards diversifying its economy and reducing dependency on oil; such as other major aviation sectors, sustainability and fuel optimization are being focused on. They include innovations such as digital transformation, big data analytics, and automation integrated into maintenance, repair, and overhaul (MRO) processes, improving efficiency and reducing operational costs. Moreover, domestic producers partner with global companies to manufacture advanced components and systems, promoting a solid supply chain. The successive development of maintenance centers and manufacturing plants within the kingdom supports this growth by ensuring that the parts are of high quality. Due to the sudden success in the aviation industry, which is driven by commercial and military demands, these technological improvements are crucial in meeting the increasing number of aircraft parts and services in Saudi Arabia's aerospace landscape.
For instance, in December 2023, the Public Investment Fund (PIF) announced an investment in Saudia Technic, intending to make it a national leader in MRO services. This investment will upgrade the infrastructure and efficiency, enabling Saudia Technic to capitalize on the growing market demand. It also includes the development of a state-of-the-art MRO village in Jeddah, equipped with advanced capabilities for next-generation aircraft engines, further reinforcing Saudi Arabia's ambition to become a global aviation hub by 2030.
Commercial Aviation Holds a Significant Share of the Saudi Arabia Aircraft Parts Market
The commercial aircraft segment holds a significant share in the aircraft parts market of Saudi Arabia due to the growth in the country's aviation sector. As many airlines expand their fleet to meet the growing needs of passengers, the demand for quality and reliable aircraft parts grows. It is also enhanced by the strategic initiatives of Saudi Arabia towards enhancing aerospace capabilities and becoming a regional hub for aviation. Various maintenance, repair, and overhaul facilities ensure timely management of airline operational needs, thus maintaining demand for aftermarket parts. Massive commercial aviation growth in Saudi Arabia is driving the country's aircraft parts market and positioning the country as a significant competitor on the Middle Eastern aviation map, furthering its efforts toward economic diversification.
For instance, in May 2024, Saudia Group has placed an order for 105 Airbus A320neo family aircraft, aimed at supporting Saudi Vision 2030 by expanding fleet capacity and connectivity. The order includes 12 A320neo and 93 A321neo aircraft. These fuel-efficient planes will enhance passenger comfort while reducing emissions and operating costs.
Riyadh is Expected to Hold a Considerable Share in the Saudi Arabian Aircraft Parts Market
Several big cities are expected to be crucial hubs for the aviation industry. The presence of numerous airlines and maintenance, repair, and overhaul facilities enhances the demand for aircraft parts, as maintenance of these parts is also evolving. Riyadh is expected to hold a significant share in Saudi Arabia aircraft parts market, driven by its strategic alignment with national economic diversification goals under Vision 2030, which prioritizes aviation as a growth sector. The city's expanding airport infrastructure and status as a regional logistics hub enhanced its capacity to support large-scale maintenance, repair, and overhaul (MRO) operations, attracting investments in advanced manufacturing and repair facilities. Riyadh's focus on fostering public-private partnerships strengthens local supply chains and accelerates the adoption of cutting-edge technologies such as additive manufacturing and digital twin solutions, optimizing production efficiency and lifecycle management. Additionally, Riyadh offers regulatory frameworks that emphasize safety and sustainability, aligning with global standards. The convergence of skilled workforce development initiatives and growing demand for localized aerospace expertise further solidifies the city's role in meeting both commercial and defense aviation needs, ensuring its prominence in the Saudi Arabia aircraft parts market.
For instance, in November 2023, SAMI and Embraer S.A. signed a Memorandum of Understanding (MoU) to collaborate in the defense and security sectors, strengthening ties between Saudi Arabia and Brazil. The agreement focuses on promoting the C-390 Millennium aircraft and establishing maintenance capabilities in Saudi Arabia. Plans include a regional MRO hub, a final assembly line, and mission system integration.
Future Market Scenario (2025 - 2032F)
- The Saudi Arabia aircraft parts market is expected to grow as investment in indigenous manufacturing and self-reliance initiatives in the aerospace sector increases.
- Future collaborations between Saudi Arabia's domestic manufacturers and global aerospace companies will enable innovation toward higher aircraft component quality produced in Saudi Arabia.
- The need for maintenance, repair, and overhaul (MRO) of aircraft parts will grow, increasing the demand for aircraft parts sourced locally, ensuring fast turnaround and regulatory compliance in aviation.
- Advances in technologies such as 3D printing and automation will likely change production capabilities, making it more efficient and custom-made to fulfill aircraft requirements.
Key Players Landscape and Outlook
The landscape of Saudi Arabia aircraft parts market appears to be dominated by several leading players and ongoing dynamics. The organizations are focused on enhancing operational efficiency and safety within the aviation sector, which aligns with Saudi Arabia's strategic initiatives to enhance its aerospace capabilities further. The market outlook is optimistic as airlines' new aircraft procurement and demand for maintenance, repair, and overhaul services to expand their fleets while optimizing existing aircraft increases. Also, collaborations between domestic manufacturers and international firms foster innovation with better-quality components. As the aviation industry continues to grow, these key players are well-positioned to capitalize on emerging opportunities to ensure the long-term sustainability of Saudi Arabia aircraft parts market.
For instance, in February 2025, Panasonic Avionics Corporation signed a landmark ten-year agreement with Riyadh Air to provide in-flight entertainment maintenance support for its fleet of Boeing 787 Dreamliners. As part of the deal, Panasonic Technical Services will establish a dedicated line maintenance station in Riyadh and hire local staff.