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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Commercial Aircraft Disassembly, Dismantling, and Recycling Market Outlook
The global commercial aircraft disassembly, dismantling, and recycling market is expected to grow at a CAGR of 4.7% over the forecast period of 2024-2032.
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It is possible to recycle components of aircraft if they are disassembled and dismantled properly. The recovery of excellent residual value from recycled materials such as carbon fibres and others in commercial aircraft, can help in minimising environmental risks, thus, driving the growth of the industry. A few commercial aircraft disassembly, dismantling, and recycling firms are focused on implementing innovations in carbon fibre recycling, which is one of the hardest structural components to recycle in an aircraft, and this development is expected to aid the industry growth further.
Market Segmentation
The global commercial aircraft disassembly, dismantling, and recycling industry can be divided based on segments like services and regions.
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Based on its services, the industry is segmented into:
- Recycling
- Component Management
- Disassembly and Dismantling
- Aircraft Storage
- Engine Teardown
The EMR report looks into the regional commercial aircraft disassembly, dismantling, and recycling markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
Market Analysis
Many firms focus on disassembling and dismantling aircraft to auction or sell aircraft components. The worldwide demand for spare parts or components of aircraft has risen considerably owing to the growing focus on using second-hand aircraft parts by major airline companies to cut down costs. It is anticipated that with the substantial growth in the global aircraft fleet, the demand for second-hand spare components will increase, further aiding the industry growth over the forecast period. Many airline companies have been focusing on purchasing a complete aircraft for teardown to reduce their expenses. Hence, the growing demand for spare aircraft components during the forecast period will provide a boost to the global commercial aircraft disassembly, dismantling, and recycling industry.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global commercial aircraft disassembly, dismantling, and recycling industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- TARMAC Aerosave
- AAR Corp. [NYSE: AIR]
- China Aircraft Leasing Group Holdings Ltd.
- Air Salvage International Ltd.
- AerSale, Inc.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Service |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 4.7% between 2024 and 2032.
The major drivers of the market include the increasing focus on purchasing a complete aircraft for teardown to reduce expenses, increasing focus on minimising environmental risks, implementing innovations in carbon fibre recycling, growing aviation sector in established and emerging countries, and increasing investment in commercial aviation spare parts procurement.
Increasing demand for spare parts or components of aircraft and the growing focus on using second-hand aircraft parts are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Based on services, the market is divided into recycling, component management, disassembly and dismantling, aircraft storage, and engine teardown.
The major players in the industry are TARMAC AEROSAVE, AAR Corp. , China Aircraft Leasing Group Holdings Ltd., Air Salvage International Limited, and AerSale, Inc., among others.
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