Middle East & Africa Airport Infrastructure Market Forecast to 2030 - Regional Analysis

Description

List of Tables

The Middle East & Africa airport infrastructure market was valued at US$ 9,491.17 million in 2022 and is expected to reach US$ 15,308.82 million by 2030; it is estimated to record a CAGR of 6.2% from 2022 to 2030.

Construction of New Airports and Vertiports Boosts the Middle East & Africa Airport Infrastructure Market

Vertiports are centers for vertical takeoff and landing vehicles such as eVTOL vehicles, drones, and air taxis. The increasing demand for competent urban transportation and developments in eVTOL technology, and the shortage of available land to build conventional vertiports fuel the need for advanced vertiports.

In 2023, VPorts, a vertiport startup, is on schedule to complete the first nodes in its planned United Arab Emirates (UAE) network by 2026, having started the certification process for its advanced air mobility (AAM) integrator center in Dubai. This information was provided to the AAM Report. Additionally, in order to further vertiport operations in Dubai, Brazilian next-generation aircraft maker Eve Air Mobility and Swedish vertiport developer Kookiejar have inked a letter of intent. The growing demand for sustainable and low-carbon emission approaches in the aviation and logistics sectors boosts the demand for new airports for eVTOL aircraft. The advancement of vertiports can transform urban strategies for efficient and eco-friendly city transport or logistic modes. Air pollution, traffic congestion, and the high expenditure on infrastructure are among the major challenges for vertiport construction. To mitigate these issues, lower travel time, reduce carbon emissions, and improve accessibility, vertiports are one of the most promising solutions. Vertiports are similar to helipads but developed for a wider range of aircraft. Vertiports can be situated in any location, including parking spaces, rooftops, and a few public spaces. In addition, vertiports are landing pads, but they can be used for other services such as maintenance facilities, charging stations, and passenger amenities. Thus, the growing construction of new vertiports is expected to create new opportunities for the airport infrastructure market growth in the coming years.

Middle East & Africa Airport Infrastructure Market Overview

According to the Airport Council International (ACI), the Middle East is expected to account for more than one billion of the global air passenger demand in 2040. Airport infrastructure in the Middle East will need to invest $151 billion to expand capacity as global passenger demand is expected to more than double in 2040. With over 110 airports, the Middle East is already one of the fastest-growing airports in the world. They account for 170 million of global traffic. According to the ACI forecast, more than $150 billion in investment is required to build airport infrastructure from 2021 to 2040 to fulfill the need to handle air passenger traffic by 2040.

The Middle East and Africa are witnessing substantial airport infrastructure expansion and developments, fueled by economic growth and an increasing focus on becoming global aviation hubs. Major airports like Dubai International, Hamad International, and King Fahd International are leading the region's modernization efforts, incorporating cutting-edge technologies and extensive expansion projects. For example, Jeddah Airport Company is aimed at expanding King Abdulaziz International Airport with an investment of $31 billion. Through this, the airport is expected to handle 114 million passengers per year and is expected to be completed by 2031. Beyond major hubs, regional airports in countries like Ethiopia and Morocco contribute to improved connectivity and economic development. As the Middle East and Africa strive to enhance their roles in global aviation, these airport infrastructure advancements signal a transformative period in the region's air transportation landscape.

Middle East & Africa Airport Infrastructure Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Airport Infrastructure Market Segmentation

The Middle East & Africa airport infrastructure market is segmented based on airport type, infrastructure type, and country. Based on airport type, the Middle East & Africa airport infrastructure market is segmented into commercial airport, military airport, and general aviation airport. The commercial airport segment held the largest market share in 2022.

By infrastructure type, the Middle East & Africa airport infrastructure market is segmented into terminal, control tower, taxiway and runway, hangar, and others. The terminal segment held the largest market share in 2022.

By country, the Middle East & Africa airport infrastructure market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa airport infrastructure market share in 2022.

AECOM, BIC Contracting LLC, Tav Tepe Akfen Investment Construction & Operation co Inc, and Hill International Inc are some of the leading companies operating in the Middle East & Africa airport infrastructure market.

Product Code: BMIRE00030442

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Middle East & Africa Airport Infrastructure Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 List of Airport Infrastructure Service Providers

5. Middle East & Africa Airport Infrastructure Market - Key Industry Dynamics

5.1 Airport Infrastructure Market - Key Industry Dynamics
5.2 Market Drivers
- 5.2.1 Construction of New Airport Terminals, Runways, Taxiways, and Hangars
- 5.2.2 Rising Investments in New Military Air Bases
5.3 Market Restraints
- 5.3.1 Fluctuations in Investments from Private or Third-Party Companies and Lack of Regulation and Government Actions
5.4 Market Opportunities
- 5.4.1 Construction of New Airports and Vertiports
5.5 Future Trends
- 5.5.1 Rising Initiatives to Upgrade Military Airbases for Use of Commercial Aviation
5.6 Impact of Drivers and Restraints:

6. Airport Infrastructure Market - Middle East & Africa Market Analysis

6.1 Airport Infrastructure Market Revenue (US$ Million), 2022 - 2030
6.2 Airport Infrastructure Market Forecast and Analysis

7. Middle East & Africa Airport Infrastructure Market Analysis -Airport Type

7.1 Airport Infrastructure Market, By Airport Type (2022 and 2030)
7.2 Commercial Airport Market
- 7.2.1 Overview
- 7.2.2 Commercial Airport Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Military Airport
- 7.3.1 Overview
- 7.3.2 Military Airport Market, Revenue and Forecast to 2030 (US$ Million)
7.4 General Aviation Airport
- 7.4.1 Overview
- 7.4.2 General Aviation Airport Market, Revenue and Forecast to 2030 (US$ Million)

8. Middle East & Africa Airport Infrastructure Market Analysis -Infrastructure Type

8.1 Airport Infrastructure Market, By Infrastructure Type (2022 and 2030)
8.2 Terminal
- 8.2.1 Overview
- 8.2.2 Terminal Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Control Tower
- 8.3.1 Overview
- 8.3.2 Control Tower Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Taxiway and Runway
- 8.4.1 Overview
- 8.4.2 Taxiway and Runway Market, Revenue and Forecast to 2030 (US$ Million)
8.5 Hangar
- 8.5.1 Overview
- 8.5.2 Hangar Market, Revenue and Forecast to 2030 (US$ Million)
8.6 Others
- 8.6.1 Overview
- 8.6.2 Others Market, Revenue and Forecast to 2030 (US$ Million)

9. Middle East & Africa Airport Infrastructure Market -Country Analysis

9.1 Middle East and Africa
- 9.1.1 Middle East and Africa Airport Infrastructure Market Overview
- 9.1.2 Middle East and Africa Airport Infrastructure Market Revenue and Forecasts and Analysis - By Country
  - 9.1.2.1 South Africa Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.2.1.1 South Africa Airport Infrastructure Market Breakdown by Airport Type
    - 9.1.2.1.2 South Africa Airport Infrastructure Market Breakdown by Infrastructure Type
  - 9.1.2.2 Saudi Arabia Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.2.2.1 Saudi Arabia Airport Infrastructure Market Breakdown by Airport Type
    - 9.1.2.2.2 Saudi Arabia Airport Infrastructure Market Breakdown by Infrastructure Type
  - 9.1.2.3 UAE Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.2.3.1 UAE Airport Infrastructure Market Breakdown by Airport Type
    - 9.1.2.3.2 UAE Airport Infrastructure Market Breakdown by Infrastructure Type
  - 9.1.2.4 Rest of MEA Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.2.4.1 Rest of MEA Airport Infrastructure Market Breakdown by Airport Type
    - 9.1.2.4.2 Rest of MEA Airport Infrastructure Market Breakdown by Infrastructure Type

10. Industry Landscape

10.1 Overview
10.2 Market Initiative

11. Company Profiles

11.1 AECOM
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 BIC Contracting LLC
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 Tav Tepe Akfen Investment Construction and Operation Co Inc
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 Hill International Inc
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments

12. Appendix

12.1 About The Insight Partners