MRO Middle East and AIME 2023 will showcase innovation in the global airline supply chain

  • Date: 15-Feb-2023
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
  • Who else needs to know?

MRO Middle East and AIME 2023 will showcase innovation in the global airline supply chain

- Co-located events will provide the platform to discover the latest technology and discuss industry trends and insights, including supply chain challenges, sustainability, digitalisation and the latest advancements in connectivity, 5G and more

DUBAI, United Arab Emirates – The aviation sector is expected to grow significantly over the coming decade. In the Middle East, the MRO demand forecast over the next ten years is the second fastest growing region in the world, behind India. MRO demand will increase from $7.8 billion in 2022 to $12.9 billion in 2031 at a compound annual growth rate of 5.8%[1]. Rapid urbanisation, developing economies and a rise in business and leisure travel are all supporting this market expansion, alongside external factors such as aircraft utilisation, air traffic volumes and fleet size.

This increase is also being seen in the global cabin interiors market, which is projected to reach $36.4 billion by 2027, up from $24.8 billion in 2022, with this growth driven by increasing demand for in-flight entertainment, connectivity systems and premium economy class seats, as well as the rising number of new aircraft orders[2]. The Middle East and Africa will represent a major part of that growth, with the market projected to increase at an