Commercial Aircraft Disassembly, Dismantling, and Recycling Market by Service and Geography - Forecast and Analysis 2022-2026

The commercial aircraft disassembly, dismantling, and recycling market share is expected to increase to USD 791.63 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.1%.

This commercial aircraft disassembly, dismantling, and recycling market research report extensively covers commercial aircraft disassembly, dismantling, and recycling market segmentation by service (recycling, component management, disassembly and dismantling, aircraft storage, and engine teardown) and geography (North America, Europe, APAC, South America, and Middle East and Africa).

What will the Commercial Aircraft Disassembly, Dismantling, and Recycling Market Size be During the Forecast Period?

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The report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The commercial aircraft disassembly, dismantling, and recycling market report also offers information on several market vendors, including Ascent Aviation Services, A J Walter Aviation Ltd., AAR Corp., AerCap Group, Aerocircular, AerSale Inc., Air Salvage International Ltd., Aircraft End-of-Life Solutions BV, 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, and Vallair among others. 

Commercial Aircraft Disassembly, Dismantling, and Recycling Market: Key Drivers, Trends, and Challenges

The increase in aircraft retirements is notably driving the commercial aircraft disassembly, dismantling, and recycling market growth, although factors such as challenges in recycling aircraft may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the commercial aircraft disassembly, dismantling, and recycling industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Commercial Aircraft Disassembly, Dismantling, and Recycling Market Driver

One of the key factors driving the global commercial aircraft disassembly, dismantling, and recycling market growth is the increase in aircraft retirements. Key aircraft operators and manufacturers have been focusing on aircraft retirements. For instance, in March 2020, Virgin Atlantic announced the retirement of its B747-400 and A330-200 aircraft. 

• Around 12,000 commercial aircraft are expected to retire by 2028. One of the main reasons for the retirement of aircraft is the age-related restriction in various countries, which is typically 15-25 years.

In March 2020, Austrian Airlines announced that it would start phasing out part of its fleet, including the retirement of all seven A319s and three of six B767-300s until 2022, after which it will phase out the rest of the Dash 8 fleet. In February 2020, KLM retired its entire Boeing fleet of 747-400s. Such factors will drive the market growth during the forecast period.

Key Commercial Aircraft Disassembly, Dismantling, and Recycling Market Trend

Rise in the number of aircraft recycling and dismantling facilities is one of the key commercial aircraft disassemblies, dismantling, and recycling market trends that is expected to impact the industry positively in the forecast period. With the aviation industry attempting to become more environment-friendly and cost-effective, the recycling of aircraft parts from end-of-life aircraft is becoming increasingly popular. Engine MRO service providers and leasing companies are witnessing an increasing demand for some types of older engines in their portfolios, such as Rolls-Royce Trent 700 and the Airbus A330 Powerplant, owing to lower fuel prices that have encouraged airlines to fly their aircraft for longer durations. These demands signal an opportunity for USM providers that are competing against traditional part suppliers, OEMs, and MRO providers, which, in turn, will spur higher demand for commercial aircraft disassembly, dismantling, and recycling services in the coming years.

Key Commercial Aircraft Disassembly, Dismantling, and Recycling Market Challenge

One of the key challenges to the global commercial aircraft disassembly, dismantling, and recycling market growth is the challenges in recycling aircraft. Carbon fiber is used as the composite material to make aircraft lighter and improve their fuel efficiency. However, carbon fiber is difficult to recycle. Some of the expensive alloys such as nickel and cobalt also used to manufacture engines of aircraft require highly specialized facilities to recycle. This will eventually increase the recycling cost. In addition, the transportation of decommissioned aircraft to the recycling facility is another major issue. If an aircraft is unfit for flying, the aircraft will be scrapped or will rust in the airport due to the lack of recycling facilities. The cost of getting these aircraft to the requisite sites for dismantling and recycling is too high. These factors might hamper the growth of the commercial aircraft disassembly, dismantling, and recycling market during the forecast period.

This commercial aircraft disassembly, dismantling, and recycling market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global commercial aircraft disassembly, dismantling, and recycling market as a part of the global aerospace and defense market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the commercial aircraft disassembly, dismantling, and recycling market during the forecast period.

Who are the Major Commercial Aircraft Disassembly, Dismantling, and Recycling Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Ascent Aviation Services
• A J Walter Aviation Ltd.
• AAR Corp.
• AerCap Group
• Aerocircular
• AerSale Inc.
• Air Salvage International Ltd.
• Aircraft End-of-Life Solutions BV
• 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

 

This statistical study of the commercial aircraft disassembly, dismantling, and recycling market encompasses successful business strategies deployed by the key vendors. The commercial aircraft disassembly, dismantling, and recycling market is fragmented and the vendors are deploying growth strategies such as service differentiation and M&A to compete in the market.

Product Insights and News

• A J Walter Aviation Ltd. - Through the unified segment, the company focuses on the global management of commercial and business aircraft spares, supporting airlines, MROs, and OEMs with the supply, exchange, repair and lease of airframe and engine components.
• A J Walter Aviation Ltd. - The company offers commercial aircraft disassembly, dismantling, and recycling that includes commercial and business aircraft spares, and supporting airlines. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The commercial aircraft disassembly, dismantling, and recycling market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Commercial Aircraft Disassembly, Dismantling, and Recycling Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the commercial aircraft disassembly, dismantling, and recycling market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Commercial Aircraft Disassembly, Dismantling, and Recycling Market?

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39% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for commercial aircraft disassembly, dismantling, and recycling in North America. Market growth in this region will be faster than the growth of the market in other regions.

The presence of a large number of commercial aircraft manufacturers and airlines in North America, such as Boeing Co. (Boeing), American Airlines Group, United Airlines Inc., and Bombardier Inc., will facilitate the commercial aircraft disassembly, dismantling, and recycling market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 in 2020 spread rapidly across North America, especially in the US. As a result, many commercial aircraft disassembling, dismantling, and recycling units were closed, which adversely impacted the growth of the regional market in 2020 due to the shortage of raw materials and fluctuations in their prices. However, the region has been witnessing a decline in the number of COVID-19 cases, which has led to the gradual resumption of operations in manufacturing units. Therefore, the regional market is expected to recover during the forecast period.

What are the Revenue-generating Service Segments in the Commercial Aircraft Disassembly, Dismantling, and Recycling Market?

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The commercial aircraft disassembly, dismantling, and recycling market share growth by the recycling segment will be significant during the forecast period. The growth is attributed to the significant increase in the adoption of recycled materials by major vendors, owing to innovations and to reduce environmental pollution.

This report provides an accurate prediction of the contribution of all the segments to the growth of the commercial aircraft disassembly, dismantling, and recycling market size and actionable market insights on post COVID-19 impact on each segment.

 

Commercial Aircraft Disassembly, Dismantling, and Recycling Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 5.1%
Market growth 2022-2026	$ 791.63 million
Market structure	Fragmented
YoY growth (%)	4.58
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 39%
Key consumer countries	US, Canada, Indonesia, Russia, and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Ascent Aviation Services, A J Walter Aviation Ltd., AAR Corp., AerCap Group, Aerocircular, AerSale Inc., Air Salvage International Ltd., Aircraft End-of-Life Solutions BV, 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, and Vallair
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Commercial Aircraft Disassembly, Dismantling, and Recycling Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive commercial aircraft disassembly, dismantling, and recycling market growth during the next five years
• Precise estimation of the commercial aircraft disassembly, dismantling, and recycling market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the commercial aircraft disassembly, dismantling, and recycling industry across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of commercial aircraft disassembly, dismantling, and recycling market vendors

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