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The commercial aircraft disassembly, dismantling and recycling market size is estimated to grow by USD 911.4 million at a CAGR of 5.33% between 2023 and 2028. The aviation industry is experiencing a significant increase in aircraft retirements, leading to a growing demand for high-quality and reliable aircraft spare parts. This trend is driven by several factors, including the aging fleet of aircraft and the continuous advancement of technology, which necessitates the replacement of outdated components. Furthermore, civil aviation regulatory requirements demand that airlines maintain their fleets in optimal condition to ensure safety and efficiency. To meet this demand, companies specializing in the production and distribution of aircraft spare parts are essential. They provide airlines with the necessary components to keep their fleets flying, ensuring minimal downtime and maximum operational efficiency. These companies must adhere to stringent quality standards and regulatory requirements to ensure the safety and reliability of their products. In summary, the increasing retirements of aircraft and the growing demand for spare parts, driven by regulatory requirements and the need for operational efficiency, make the production and distribution of aircraft spare parts a vital component of the aviation industry.
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The market is gaining significant traction due to the increasing number of retired aircraft and the growing emphasis on sustainability in the aviation industry. Aircraft recycling centers have become crucial players in this market, focusing on dismantling commercial aircraft and recycling valuable materials such as metal alloys, composite materials, and spare parts. Metal alloys like aluminum and titanium, as well as composite materials, are in high demand due to their extensive use in commercial aircraft. These materials are often extracted from scrap metal and recycled to produce cost-efficient recycled materials for use in new aircraft or other industries. The circular economy is a key driver of the commercial aircraft disassembly market, with airlines seeking to minimize waste and reduce their carbon footprint.
Retired aircraft are dismantled, and their components, including engines, avionics, fuselage sections, and flight controls, are sorted for recycling or resale as spare aircraft components. The market for recycled materials in the aviation industry is expected to grow significantly, with an increasing focus on sustainable techniques for aircraft disassembly and recycling. The USM segment, which includes used serviceable materials and recycled materials, is expected to be a major contributor to the market's growth. Non-recyclable parts are also being addressed through advanced recycling techniques, ensuring that as much of the aircraft as possible is reused or recycled. The commercial aircraft disassembly, dismantling, and recycling market is poised for growth as the aviation industry continues to prioritize sustainability and cost-efficiency. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
An increase in aircraft retirements is notably driving market growth. Commercial aircraft disassembly, dismantling, and recycling have become an essential aspect of the aviation industry as an increasing number of retired aircraft need to be processed each year. Approximately 12,000 commercial aircraft are projected to retire by 2028 due to age restrictions and fleet renewal requirements. Retired aircraft contain valuable reusable parts, such as wings, fuselage, flight controls, doors, and engines, which can be sold as used aircraft parts to maintenance, repair, and overhaul (MRO) companies. Non-recyclable parts, such as counterfeit components, are removed and discarded. Engine teardown is a crucial process in aircraft recycling, allowing for the recovery of usable engine parts. Wide-body and regional aircraft are both subjected to this process, generating significant revenue through component management and recycling. Thus, such factors are driving the growth of the market during the forecast period.
The rise in the number of aircraft recycling and dismantling facilities is the key trend in the market. The commercial aircraft disassembly, dismantling, and recycling market is witnessing significant growth due to the increasing focus on sustainability and cost-effectiveness in the aviation industry. Retired aircraft are being dismantled to extract reusable parts, including wings, fuselage, doors, and flight controls, which can be sold as used aircraft parts. Non-recyclable parts are disposed of in an environmentally responsible manner. Engine teardown is a crucial process in this industry, with a high demand for spare components from MRO service providers and leasing companies. Advanced materials are being used to extend the durability and service life of operational engines. Wide-body and regional aircraft are prime targets for dismantling, with a focus on efficient component management to minimize the risk of counterfeit parts entering the market. Overall, the aircraft recycling industry is becoming an essential contributor to the aviation sector's circular economy. Thus, such trends will shape the growth of the market during the forecast period.
Challenges in recycling aircraft is the major challenge that affects the growth of the market. Commercial aircraft disassembly, dismantling, and recycling involve the process of extracting reusable parts from retired aircraft. These aircraft are typically made up of various materials, including aluminum, stainless steel, titanium, glass-reinforced polymer composites, magnesium alloys, and carbon fiber. Carbon fiber, used for its lightweight properties and fuel efficiency, is challenging to recycle due to the complex process of manufacturing it. The carbon composites are precisely aligned and bonded with a polymer that is cured at high temperatures and pressures, making it difficult to melt and separate the valuable fibers. Additionally, expensive alloys, such as nickel and cobalt, used in aircraft engines require specialized recycling facilities. Spare aircraft components, including flight controls, engines, doors, wings, fuselage, and used aircraft parts, are in high demand in the MRO (Maintenance, Repair, and Overhaul) industry. However, the use of non-recyclable parts and the presence of counterfeit parts in the market pose challenges to the aircraft recycling industry. The recycling of wide-body and regional aircraft is a growing trend due to the increasing demand for reusable parts and the need to reduce environmental impact. Component management and engine teardown are crucial aspects of the aircraft recycling process. Hence, the above factors will impede the growth of the market during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
A J Walter Aviation Ltd. - The company offers commercial aircraft disassembly, dismantling, and recycling that includes commercial and business aircraft spares, supporting airlines.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The recycling segment is estimated to witness significant growth during the forecast period. Commercial aircraft disassembly, dismantling, and recycling have emerged as crucial aspects of the aviation industry, particularly with the increasing focus on sustainability and circular economy. Aircraft recycling centers play a pivotal role in extracting value from end-of-life aircraft by recovering metal alloys, composite materials, spare parts, and scrap metal. These materials are then repurposed for various industries, including construction, automotive, and aerospace.
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The recycling segment accounted for USD 632.70 billion in 2018. The aviation industry's growing fleet size, driven by air travel demand, necessitates the need for sustainable techniques to manage the increasing volume of retired aircraft. Advanced technologies like artificial intelligence and machine learning are being employed to optimize the disassembly process and improve efficiency. Aircraft components, such as engines, avionics, fuselage sections, and wing structures, are dismantled and recycled using eco-friendly methods. Materials like aluminum, titanium, and composites are segregated and processed for reuse in the USM segment, which includes recycled materials and used serviceable materials. Stringent regulations from aviation authorities ensure that the recycling process adheres to safety standards.
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North America is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Commercial aircraft disassembly, dismantling, and recycling have gained significant attention in the aviation industry due to the increasing focus on sustainability and circular economy. Aircraft recycling centers play a crucial role in this process by recovering valuable materials, such as metal alloys and composite materials, from retired aircraft. These materials include aluminum, titanium, and composites used in aircraft components like engines, avionics, fuselage sections, and spare parts. The aviation industry, with its growing airline fleets and increasing air travel demand, generates substantial amounts of scrap metal and used serviceable materials.
Also, sustainable techniques, such as those employing artificial intelligence and machine learning, are being adopted to optimize the recycling process. Stringent regulations from aviation authorities ensure that these recycling processes adhere to safety standards. The USM segment, including used serviceable materials and recycled materials, is a cost-efficient alternative for airlines and low-cost carriers in their MRO spending. The Narrow Body segment, which includes narrow body aircraft like Boeing 737 and Airbus A320, and the Wide Body segment, including wide body aircraft like Boeing 747 and Airbus A380, are significant contributors to the recycling market. Regional jets also contribute to the recycling process. Thermoplastics, such as those used in composite materials, are increasingly being recycled using advanced techniques. The recycling & storage of these materials is essential to ensure their reusability in the aviation industry, contributing to its sustainability.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD Million " for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
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The market is witnessing significant growth due to the increasing demand for sustainable practices in the aviation industry. Aircraft recycling centers play a crucial role in this process by dismantling end-of-life commercial aircraft and extracting valuable materials such as Metal alloys and Composite materials. These materials include Aluminum, Titanium, and Composites, which are in high demand for manufacturing Spare parts and other components for the aviation industry. The Circular Economy concept is driving the market, allowing airlines to reduce their fleet costs by selling Scrap metal and Used Serviceable Materials (USM) segment. The market is segmented into Narrow Body aircraft, Wide Body aircraft, and Regional Jets. MRO spending on Sustainable techniques using Artificial Intelligence and Machine Learning is also contributing to the market growth. Stringent regulations from Aviation authorities require adherence to specific recycling and storage procedures. The market includes Recycled materials and Cost-efficient recycled materials, which are essential for low-cost carriers. Engines, Avionics, and Fuselage sections are some of the critical components being recycled. The market is expected to grow further with the increasing Air travel demand and the need to reduce the carbon footprint of the Aviation industry.
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Market Scope |
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Report Coverage |
Details |
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Page number |
151 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.33% |
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Market growth 2024-2028 |
USD 911.4 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
5.01 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 38% |
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Key countries |
US, Russia, UK, Indonesia, and Canada |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
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, and Vallair |
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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 |
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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. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Service
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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