TechNavio recognizes the following companies as the key players in the Aviation Market in the Middle East: Saudi Arabian Airlines Corp., The Emirates Group, Doha International Airport, and Dubai International Airport.
Commenting on the report, an analyst from TechNavio’s team said: “Greenfield airports are developed from scratch and are not related to re-construction work. Generally, it has short-term and long-term projects, where in short-term planning have airport projects being developed in five years, and in long-term planning, it is developed in 20 years. Greenfield airports use state-of-the-art technology and best-in-class infrastructure in today’s world. Many greenfield airport projects are being developed across the world. In Asia, few examples of Greenfield airports are the Rajiv Gandhi International Airport in Hyderabad and the Bengaluru International Airport in Bengaluru. Similarly, Indonesia is also developing two new greenfield airports in North Bali and Yogyakarta. The increasing development of such airports is expected to manage the growing air traffic across the world. Hence, the developments of such airports will result in the growth of Aviation market in the Middle East.“
According to the report, one of the major drivers in this market is the increase in global air traffic. With the increase in the number of people who travel, there has been a corresponding increase in the international passenger traffic, which results in an increase in commercial airports and airlines. Hence, there is increased need to manage and handle the huge volume of passengers, luggage, and cargo at the airports, thereby leading to high demand in the Aviation market in the Middle East.
Further, the report states that one of the major challenges in the market is the increasing cost of airport operations. The increasing cost of airport operations reduces the profit margin of commercial airports, thereby preventing them from upgrading their current airport infrastructure.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/aviation-market-middle-east-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/automotive-and-aerospace
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TechNavio Announces the Publication of its Research Report -Aviation Market in the Middle East 2012-2016
