Authored By: Sarah
11 Jul 2024

 Commercial Aircraft Disassembly, Dismantling And Recycling Market Size to grow by USD 911.4 million between 2024-2028

According to a research report “ Commercial Aircraft Disassembly, Dismantling And Recycling Market” by Service (Recycling, Component management, Disassembly and dismantling, Aircraft storage, Engine teardown) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 911.4 million, at a CAGR of  5.33% during the forecast period. Commercial aircraft retirements are a significant occurrence in the aviation industry, with approximately 12,000 aircraft anticipated to retire by 2028. Regulations mandating age-related restrictions, typically ranging from 15 to 25 years, drive retirements. Timely decommissioning is crucial for fleet renewal, enabling the recovery of valuable reusable parts and recycling of materials from retiring aircraft. Aircraft operators instigate retirements primarily due to internal fleet planning, including new deliveries and fleet replacement.

Browse market data tables, figures, and in-depth TOC on “Commercial Aircraft Disassembly, Dismantling And Recycling Market” by Service (Recycling, Component management, Disassembly and dismantling, Aircraft storage, Engine teardown) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Service, the Recycling segment is projected to dominate the market size in 2024

ai_market_segmentation_by

By Geography, North America  segment is expected to hold the largest market size for the year 2024

The Commercial Aircraft Disassembly, Dismantling and Recycling Market represents a significant business opportunity for stakeholders in the aviation industry. This market involves the systematic dismantling and recycling of end-of-life commercial aircraft, generating substantial cost savings through the recovery of valuable materials. Key players in this sector leverage advanced technologies to maximize efficiency and minimize environmental impact, making it a lucrative and sustainable business proposition.

North America is forecasted to hold the largest market size by region in 2024

The Commercial Aircraft Disassembly, Dismantling, and Recycling Market represents a significant business opportunity for industries seeking to minimize waste and maximize profitability. This sector involves the systematic dismantling and recycling of retired commercial aircraft, transforming end-of-life planes into valuable raw materials for various industries. By leveraging advanced technologies and adhering to stringent safety protocols, market participants can efficiently recover precious metals, alloys, and other valuable components, ultimately contributing to a more sustainable aviation industry.

The Commercial Aircraft Disassembly, Dismantling And Recycling Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • A J Walter Aviation Ltd.
  • AAR Corp.
  • AerCap Holdings N.V.
  • Aerocircular
  • AerSale Corp.
  • Air Salvage International Ltd.
  • Aircraft End-of-Life Solutions BV
  • Ascent Aviation Services
  • Bombardier Inc.
  • Carlyle Aviation Partners
  • CAVU Aerospace Inc.
  • China Aircraft Leasing Group Holdings Ltd.
  • GA Telesis LLC
  • HVF West LLC
  • KLM UK Engineering Ltd.
  • Magellan Aviation Group LLLP
  • RBS Global Media Ltd.
  • Tarmac Aerosave
  • Vallair
.

For insights on company offerings- Request a sample report!

Research Analysis Overview

The Commercial Aircraft Disassembly, Dismantling, and Recycling Market is a significant segment of the aviation industry, focusing on the reuse and recycling of Retired Aircraft components. This market includes the dismantling of doors, engines, flight controls, and other aircraft parts for various purposes. Aircraft recycling plays a crucial role in the circular economy, with non-recyclable parts being processed into scrap metal for sale, while recycled materials and used serviceable materials (USM) are repurposed as spare aircraft components. The USM segment includes composites, such as carbon fiber and titanium, and metal alloys, like aluminum, which are in high demand for their cost-efficient and sustainable properties. Fuselage sections, avionics, engines, and other aircraft components are dismantled and recycled using sustainable techniques to minimize waste and reduce the environmental impact. Recycled materials are used to manufacture new aircraft parts, while cost-efficient recycled materials are used to produce spare parts for airlines' fleets. The aviation industry's growing focus on sustainability and the increasing demand for air travel drive the need for commercial aircraft disassembly, dismantling, and recycling. Aircraft recycling centers are essential players in this market, providing a valuable service to airlines and contributing to the circular economy by reducing waste and conserving resources.

Market Research Overview

The Commercial Aircraft Disassembly, Dismantling, and Recycling Market is a significant sector in the aviation industry, focusing on the reuse and recycling of retired aircraft and their components. The market encompasses various activities, including engine teardown, component management, and recycling of non-recyclable parts. Key components, such as wings and fuselage sections, doors, engines, flight controls, and avionics, are dismantled and sorted for reuse or recycling. Reusable parts are sold as spare aircraft components to MRO (Maintenance, Repair, and Overhaul) providers, airlines, and low-cost carriers. Recycled materials, including titanium, aluminum, composites, and thermoplastics, are cost-efficient alternatives to new materials in MRO spending. The market is segmented into Regional Jets, Wide-Body, and Narrow-Body aircraft. Regulatory bodies, such as aviation authorities, enforce stringent regulations to ensure the quality and safety of recycled parts. Advanced techniques, such as machine learning and artificial intelligence, are employed to optimize the recycling process and improve sustainability in the aviation industry. The recycling of retired aircraft contributes to the circular economy by reducing the demand for raw materials and minimizing scrap metal production. The market's growth is driven by air travel demand, airline fleets, and the increasing focus on sustainability in the aviation industry. Counterfeit parts are a concern, and efforts are underway to ensure the authenticity and safety of used serviceable materials.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Read News Read Less
Interested in this report?
Get your sample now!
Technavio