Global Commercial Aircraft Disassembly, Dismantling and Recycling Market Size, Share, and COVID-19 Impact Analysis, By Application (Disassembly & Dismantling, Recycling & Storage, USM, and Rotable Parts), By Aircraft Type (Narrow Body, Wide Body, and Regional Jets), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032
Industry: Aerospace & DefenseGlobal Commercial Aircraft Disassembly, Dismantling and Recycling Market Insights Forecasts to 2032
- The Global Commercial Aircraft Disassembly, Dismantling and Recycling Market Size was valued at USD 6.67 Billion in 2022.
- The Market Size is Growing at a CAGR of 7.6% from 2022 to 2032
- The Worldwide Commercial Aircraft Disassembly, Dismantling and Recycling Market Size is expected to reach USD 13.89 Billion by 2032
- Asia Pacific is expected to Grow the fastest during the forecast period
Get more details on this report -
The Global Commercial Aircraft Disassembly, Dismantling and Recycling Market size is anticipated to exceed USD 13.89 Billion by 2032, growing at a CAGR of 7.6% from 2022 to 2032. The global commercial aircraft disassembly, dismantling, and recycling market is expanding, owing to the aviation industry's increased emphasis on sustainability, stringent regulations, and economic incentives.
Market Overview
The global commercial aircraft disassembly, dismantling, and recycling market includes the complex processes involved in retiring, disassembling, and repurposing commercial aircraft at the end of their operational lifespan. As aircraft age and technological advances render older models obsolete, the need for efficient and environmentally responsible methods of managing retired aircraft has given rise to the emergence of this market. The systematic disassembly of commercial aircraft into various components ranging from engines and avionics to fuselage sections is known as commercial aircraft disassembly. This procedure necessitates specialized knowledge in order to ensure the safe removal and storage of valuable parts, such as engines that can be refurbished for future use. Dismantling is the careful separation of components and materials while keeping recyclability and environmental impact in mind. Recycling is critical to the long-term retirement of aircraft. Aluminum, titanium, and composites are recovered for repurposing, lowering the demand for virgin resources. Furthermore, recycling reduces the environmental impact by avoiding the accumulation of aircraft in landfills and the energy-intensive production of new materials.
Report Coverage
This research report categorizes the market for the global commercial aircraft disassembly, dismantling and recycling market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the commercial aircraft disassembly, dismantling and recycling market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the commercial aircraft disassembly, dismantling and recycling market.
Global Commercial Aircraft Disassembly, Dismantling and Recycling Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2022 |
Market Size in 2022: | USD 6.67 Billion |
Forecast Period: | 2022-2032 |
Forecast Period CAGR 2022-2032 : | 7.6% |
2032 Value Projection: | USD 13.89 Billion |
Historical Data for: | 2018-2021 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Application, By Aircraft Type, By Region |
Companies covered:: | Aircraft End-of-Life Solutions , Air Salvage International Ltd , Aerocycle , CAVU Aerospace , China Aircraft Leasing Group , Ecube , Eirtrade Aviation , GA Telesis LLC , TRAMAC Aerosave , Vallair , Others And other key venders |
Pitfalls & Challenges: | COVID-19 Empact,Challenges, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
As airlines replace older aircraft with more fuel-efficient and technologically advanced models, older models become economically and operationally obsolete. This trend fuels the demand for aircraft retirement, which in turn fuels the demand for disassembly, dismantling, and recycling services. Stricter environmental regulations and international agreements are putting pressure on the aviation industry to adopt more environmentally friendly practices. The International Civil Aviation Organization (ICAO) and regional authorities are enacting regulations to reduce the environmental impact of aircraft end-of-life processes, as well as to promote responsible disposal and recycling of aircraft components. Airlines are under increasing pressure to demonstrate their sustainability commitment. Adopting eco-friendly practices, such as aircraft recycling, is consistent with their efforts to reduce carbon footprints, reduce waste generation, and meet corporate social responsibility objectives.
Restraining Factors
The disassembly and recycling of aircraft is governed by a tangle of international, national, and regional regulations. Navigating these complex legal frameworks can be difficult and time-consuming, posing difficulties for companies seeking to ensure compliance while conducting cross-border operations. The lack of standardized procedures and practices for aircraft disassembly and recycling can result in operational inefficiencies and discrepancies. This lack of consistency can stymie industry growth and complicate collaboration among various stakeholders.
Market Segmentation
The Global Commercial Aircraft Disassembly, Dismantling and Recycling Market share is classified into application and aircraft type.
- The USM segment is expected to hold the largest share of the global commercial aircraft disassembly, dismantling and recycling market during the forecast period.
The global commercial aircraft disassembly, dismantling and recycling market is categorized by application into Disassembly & Dismantling, Recycling & Storage, USM, and Rotable Parts. Among these, the USM segment is expected to hold the largest share of the global commercial aircraft disassembly, dismantling and recycling market during the forecast period. USM components are those that have been removed from retired aircraft but are still operational. These components are thoroughly inspected, tested, and, if necessary, refurbished to ensure they meet safety and performance standards. USM parts are a cheaper alternative to buying new components, making them valuable assets in the aviation industry. USM parts are sourced from aircraft disassembly and recycling operations and play an important role in lowering airline maintenance costs.
- The Narrow Body segment is expected to hold the largest share global commercial aircraft disassembly, dismantling and recycling market during the forecast period.
Based on the aircraft type, the global commercial aircraft disassembly, dismantling and recycling market is divided into Narrow Body, Wide Body, and Regional Jets. Among these, the Narrow Body segment is expected to hold the largest share global commercial aircraft disassembly, dismantling and recycling market during the forecast period. The growth is primarily due to the widespread use of narrow-body aircraft for both short and medium-haul routes by airlines. Because these aircraft are frequently deployed and undergo more flight cycles, they reach their end-of-life phase sooner, increasing demand for disassembly and recycling services. Furthermore, narrow-body aircraft are popular due to their low fuel consumption and operational flexibility, making them an appealing option for airlines looking to modernize their fleets.
Regional Segment Analysis of the Global Commercial Aircraft Disassembly, Dismantling and Recycling Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the global commercial aircraft disassembly, dismantling and recycling market over the predicted timeframe.
Get more details on this report -
North America is projected to hold the largest share of the global commercial aircraft disassembly, dismantling and recycling market over the predicted years. Because of its large fleet of commercial aircraft and established aviation infrastructure, the United States has a significant share. Many aircraft disassembly and recycling facilities are located in the United States, where regulatory frameworks and the presence of aerospace companies contribute to the growth of the industry.
Asia Pacific is expected to grow at the fastest pace in the global commercial aircraft disassembly, dismantling and recycling market during the forecast period. The Asia-Pacific region's aviation industry is rapidly expanding, with emerging economies contributing to an expanding fleet of commercial aircraft. The demand for aircraft disassembly and recycling services is expected to rise as airlines in this region modernize their fleets. Countries such as China and India are gradually establishing themselves as key players in the global aircraft recycling landscape.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global commercial aircraft disassembly, dismantling and recycling along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Aircraft End-of-Life Solutions
- Air Salvage International Ltd
- Aerocycle
- CAVU Aerospace
- China Aircraft Leasing Group
- Ecube
- Eirtrade Aviation
- GA Telesis LLC
- TRAMAC Aerosave
- Vallair
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In December 2022, Air France continues to retire its Airbus A318 fleet. This retirement has been in effect since August 20, 2021. The first A318 to be scrapped was F-GUGA in Kemble.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Commercial Aircraft Disassembly, Dismantling and Recycling Market based on the below-mentioned segments:
Global Commercial Aircraft Disassembly, Dismantling and Recycling Market, By Application
- Disassembly & Dismantling
- Recycling & Storage
- USM
- Rotable Parts
Global Commercial Aircraft Disassembly, Dismantling and Recycling Market, By Aircraft Type
- Narrow Body
- Wide Body
- Regional Jets
Global Commercial Aircraft Disassembly, Dismantling and Recycling Market, By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
Need help to buy this report?