Morocco Aerospace Industry Market Report

The aerospace industry in Morocco is a rapidly expanding sector, playing a crucial role in the country's industrial strategy and economic growth. As of 2023, the aerospace sector is valued at approximately USD 1.5 billion, with aircraft manufacturing, maintenance, repair, and overhaul (MRO), and component production being the primary components (source: Moroccan Aerospace Industry Group - GIMAS).

The sector has seen an annual growth rate of 15% over the past five years, driven by foreign investments, government support, and the expansion of aerospace clusters. Morocco's GDP stood at USD 124 billion in 2022, with the aerospace industry accounting for about 1% of the total (source: World Bank).

The future growth potential of the sector is substantial, with projections indicating that the market could reach USD 3 billion by 2030, supported by ongoing investments and increased production capacity.

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