Aircraft Recycling Trends and Forecast
The future of the global aircraft recycling market looks promising with opportunities in the narrow-body aircraft and wide-body aircraft markets. The global aircraft recycling market is expected to reach an estimated $6.3 billion by 2030 with a CAGR of 8.2% from 2024 to 2030. The major drivers for this market are increasing number of retired aircraft, rise in development of new recycling methods, and growing environmental concerns.Aircraft Recycling by Segment
The study includes a forecast for the global aircraft recycling by component, material, aircraft, and region.Aircraft Recycling Market by Component [Shipment Analysis by Value from 2018 to 2030]
- Engines
- Landing Gear
- Avionics
- Others
Aircraft Recycling Market by Material [Shipment Analysis by Value from 2018 to 2030]
- Aluminum
- Other Metals
- Alloys
Aircraft Recycling Market by Aircraft [Shipment Analysis by Value from 2018 to 2030]
- Narrow-Body Aircrafts
- Wide-Body Aircrafts
Aircraft Recycling Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Aircraft Recycling Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aircraft recycling companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aircraft recycling companies profiled in this report include-- Aircraft End-of-Life Solutions
- Aircraft Part Out
- Air Salvage
- Apple Aviation
- Tarmac Aerosave
- Total Technic
- Vallair
- ADI
- ARC Aerospace Industries
- ComAv Technical Services
Aircraft Recycling Market Insights
The publisher forecasts that engine is expected to witness the highest growth over the forecast period due to expanding fleet expansion strategies of different airlines and aircraft operators.Within this market, narrow-body aircraft will remain the larger segment due its increasing adoption by various airlines as they can carry more passengers at a lower cost.
North America will remain the largest region over the forecast period due to increasing favorable laws pertaining to the recycling of aircraft and pre-existing infrastructures that handle the disassembly and recycling of aircraft.
Features of the Global Aircraft Recycling Market
- Market Size Estimates: Aircraft recycling market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Aircraft recycling market size by component, material, aircraft, and region in terms of value ($B).
- Regional Analysis: Aircraft recycling market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different components, materials, aircrafts, and regions for the aircraft recycling market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aircraft recycling market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the aircraft recycling market size?Answer: The global aircraft recycling market is expected to reach an estimated $6.3 billion by 2030.
Q2. What is the growth forecast for aircraft recycling market?
Answer: The global aircraft recycling market is expected to grow with a CAGR of 8.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the aircraft recycling market?
Answer: The major drivers for this market are increasing number of retired aircraft, rise in development of new recycling methods and growing environmental concerns.
Q4. What are the major segments for aircraft recycling market?
Answer: The future of the aircraft recycling market looks promising with opportunities in the narrow-body aircraft and wide-body aircraft markets.
Q5. Who are the key aircraft recycling market companies?
Answer: Some of the key aircraft recycling companies are as follows:
- Aircraft End-of-Life Solutions
- Aircraft Part Out
- Air Salvage
- Apple Aviation
- Tarmac Aerosave
- Total Technic
- Vallair
- ADI
- ARC Aerospace Industries
- ComAv Technical Services
Answer: The publisher forecasts that engine is expected to witness the highest growth over the forecast period due to expanding fleet expansion strategies of different airlines and aircraft operators.
Q7. In aircraft recycling market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to increasing favorable laws pertaining to the recycling of aircraft and pre-existing infrastructures that handle the disassembly and recycling of aircraft.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the aircraft recycling market by component (engines, landing gear, avionics, and others), material (aluminum, other metals, and alloys), aircraft (narrow-body aircraft and wide-body aircraft), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Aircraft Recycling Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aircraft End-of-Life Solutions
- Aircraft Part Out
- Air Salvage
- Apple Aviation
- Tarmac Aerosave
- Total Technic
- Vallair
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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