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Middle East and Africa are expected to be the fastest-growing region for more electric aircraft market during the forecast period
Middle East & Africa are among the fastest-growing regions for more electric aircraft market. An increase in the delivery of fuel-efficient aircraft is expected to propel the demand for more electric aircraft in the region. Israel, Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa have been considered under this region for market analysis. According to Boeing, the Middle East region is expected to require 3,310 new aircraft worth USD 770 million over the next 20 years, which will impact the growth of more electric aircraft market. Additional factors expected to drive the growth of the market include border disputes and rising threats from terror outfits, which have forced Middle Eastern countries to increase their defense spending, thereby increasing the procurement of military unmanned aerial vehicles and aircraft. These factors