DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/p28mjn/aviation_market) has announced the addition of the "Aviation Market in the Middle East 2012-2016" report to their offering.
The Aviation market in the Middle East to grow at a CAGR of 6.32 percent over the period 2012-2016.
One of the key factors contributing to this market growth is the increase in global air traffic. The Aviation market in the Middle East has also been witnessing the increasing cost of airport operations. However, the increasing cost of airport operations could pose a challenge to the growth of this market.
Greenfield airports are airports that are made from scrap; these projects do not have any constraints related to their prior work. Their master plan is made for a short-term and a long-term phase. In short-term planning, an airport project is developed in five years. In long-term planning, an airport project is developed in 20 years. Greenfield airports use more sophisticated technologies and consume less power. Many greenfield airport projects are being developed across the world. In Asia, airports such as the Rajiv Gandhi International Airport in Hyderabad and the Bengaluru International Airport in Bengaluru are examples of greenfield airports. Indonesia is developing two new greenfield airports in North Bali and Yogyakarta. The increase in the development of such airports is expected to cater to the increase in air traffic across the world. Consequently, the air traffic in the Middle East is also expected to increase, thus driving the growth of the market.
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 key vendors dominating this market space are:
- The Emirates Group
- Saudi Arabian Airlines Corp.
- Dubai International Airport
- Doha International Airport.
Other vendors mentioned in the report are:
- Qatar Airways Comp
- Q.C.S.C.
- Etihad Airways P.J.S.C.
- Fly Dubai
- King Abdul Aziz International Airport
- King Khaled International Airport
-
Abu Dhabi International Airport.
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
05. Introduction
06. Market Landscape
07. Market Segmentation
08. Commercial Aircraft Fleet Size Market in Middle East
09. Airlines Capacity Share by Alliance
10. Low Cost Carriers Market in Middle East
11. Air Traffic Market in Middle East
12. LCC Capacity in Middle East
13. Types of Fleet for Major Airlines
14. Geographical Segmentation
15. Buying Criteria
16. Market Growth Drivers
17. Drivers and their Impact
18. Market Challenges
19. Impact of Drivers and Challenges
20. Market Trends
21. Trends and their Impact
22. Vendor Landscape
23. Key Vendor Analysis
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