Report : Middle East and Africa Backshell Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Circular Backshell and Rectangular Backshell), Material (Aluminum, Nickel, Stainless Steel, and Others), Military Standards (AS85049, MIL-DTL-38999, MIL-DTL-83723, MIL-DTL-5015, MIL-DTL-26482, and Others), and Application (Ground, Naval, and Air)

Ground Segment to dominate Middle East & Africa Backshell Market during 2020–2028

 According to a new market research study on “Middle East & Africa Backshell Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, Material, Military Standard and Application,” is expected to reach US$ 77.47 million by 2028 from US$ 62.34 million in 2021. The market is estimated to grow at a CAGR of 3.2% from 2021 to 2028. The report provides opportunity prevailing in the Middle East & Africa backshell market along with the drivers and restraints pertaining to the market growth. Surging use of aluminium backshell, and up-lifting military expenditures, up-lifting military expenditures are the major factor driving the growth of the Middle East & Africa backshell market. However, strong regulations around mil spec backshells hinder the growth of Middle East & Africa backshell market.

Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait are the main countries facing the impact of COVID-19 in the Middle East and Africa. Saudi Arabia's economy shrank by 7% in the second quarter, indicating how hard the latest coronavirus struck both the oil and non-oil industries, and unemployment reached a new high of 15.4%. The sudden spread of the pandemic resulted to a standstill in the economy and reduced the investment or diverted the major investments by the government bodies towards covid-19 relief. The manufacturing and supply chain of aircraft and its components were severely impacted. Major imports from countries like United States, and China were temporary closed owing to the supply chain disruptions across the region. Manufacturing facilities of companies like Farwest Aircraft, Inc. were temporary closed down thereby impacting the production of aircrafts. Thus, the above-mentioned factors have negatively impacted the backshell market of the region owing to the outbreak of the pandemic.

The Middle East & Africa backshell market is segmented on the bases of type, material, military standard, application and country. Based on type, the market is segmented into circular and rectangular. In 2020, circular segment held the largest share in the market and it is also expected to be the fastest growing segment during the forecast period. Based on material, the backshell market is segmented into aluminum, nickel, stainless steel, and others. In 2020, the stainless steel segment held the largest share in the market and aluminum is expected to be the fastest growing segment during the forecast period. Based on military standard, the market is segmented into AS85049 Series, MIL-DTL-38999, MIL-DTL-83723, MIL-DTL-5015, MIL-DTL-26482, and others. In 2020, AS85049 Series segment held the largest share in the market, and it is also expected to be the fastest growing segment during the forecast period.

Based on application, the backshell market is segmented into ground, naval, and air. In 2020, the ground steel segment held the largest share in the market and it is also expected to be the fastest growing segment during the forecast period. Similarly, the air segment is further bifurcated into commercial aircraft and military aircraft. In 2020, the commercial aircraft segment held the largest share in the market and it is also expected to be the fastest growing segment during the forecast period. Based on country, the market is segmented into the Saudi Arabia, the UAE, South Africa and Rest of MEA. In 2020, Rest of MEA held the largest share in the market and Saudi Arabia is expected to be the fastest growing country during the forecast period.

Amphenol Corporation; Collins Aerospace; TE Connectivity; Souriau Sunbank; Arrow Electronics, Inc.; and Techniran Ltd. are among the leading companies in the Middle East & Africa backshell market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

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