London, 02 January 2015– TechNavio has announced the publication of a new market research report on the Aviation Market in the Middle East, which is expected to grow at a CAGR of 5.12 percent from 2015-2019.
Passenger traffic has gradually increased as more and more people seek out travel for both work and leisure. Low cost carriers (LCCs) offer business-class seats and services together with more economical travel options, which is helping to drive the Aviation Market in the Middle East.
About the Report
The new report from TechNavio highlights the emergence of the Aerotropolis concept, in which the plan and layout of a city is concentrated around the airport. According to this concept, the airport becomes the center of the city and all the business centers are built around the perimeter of the airport.
“Many airports in the Middle East, including the Dubai Al Maktoum International Airport, Abu Dhabi International Airport and Jeddah King Abdulaziz International Airport are being planned and developed with the Aerotropolis concept in mind,” says Faisal Ghaus, Vice President of TechNavio.
“The Dubai International Airport is currently the only fully operational aerotropolis in the Middle East. This state-of-the-art concept is anticipated to boost the growth of the overall market through the projected period.”
Key Information Covered in the Report:
Market segmentation, size and forecast through 2019
Market Growth Drivers:
- Growing Demand for LCCs
- For a full detailed list, view our report.
Market Challenges:
- Military Control and Limited Airspace Availability
- For a full detailed list, view our report.
Market Trends:
- Emergence of Aerotropolis Concept
- For a full detailed list, view our report.
Key Vendors:
- Dubai International Airport
- Riyadh King Khaled International Airport
- Saudi Arabian Airlines
- The Emirates Group
Other Prominent Vendors:
- Abu Dhabi International Airport
- Bahrain International Airport
- Cairo International Airport
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
