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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.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
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
Lucintel 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
Q6. Which aircraft recycling market segment will be the largest in future?
Answer: Lucintel 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, Lucintel 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?
For any questions related to Aircraft Recycling Market, Aircraft Recycling Market Size, Aircraft Recycling Market Growth, Aircraft Recycling Market Analysis, Aircraft Recycling Market Report, Aircraft Recycling Market Share, Aircraft Recycling Market Trends, Aircraft Recycling Market Forecast, Aircraft Recycling Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Aircraft Recycling Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Aircraft Recycling Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Aircraft Recycling Market by Component
3.3.1: Engines
3.3.2: Landing Gear
3.3.3: Avionics
3.3.4: Others
3.4: Global Aircraft Recycling Market by Material
3.4.1: Aluminum
3.4.2: Other Metals
3.4.3: Alloys
3.5: Global Aircraft Recycling Market by Aircraft
3.5.1: Narrow-Body Aircrafts
3.5.2: Wide-Body Aircrafts
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Aircraft Recycling Market by Region
4.2: North American Aircraft Recycling Market
4.2.2: North American Aircraft Recycling Market by Aircraft: Narrow-Body Aircraft and Wide-Body Aircraft
4.3: European Aircraft Recycling Market
4.3.1: European Aircraft Recycling Market by Component: Engines, Landing Gear, Avionics, and Others
4.3.2: European Aircraft Recycling Market by Aircraft: Narrow-Body Aircraft and Wide-Body Aircraft
4.4: APAC Aircraft Recycling Market
4.4.1: APAC Aircraft Recycling Market by Component: Engines, Landing Gear, Avionics, and Others
4.4.2: APAC Aircraft Recycling Market by Aircraft: Narrow-Body Aircraft and Wide-Body Aircraft
4.5: ROW Aircraft Recycling Market
4.5.1: ROW Aircraft Recycling Market by Component: Engines, Landing Gear, Avionics, and Others
4.5.2: ROW Aircraft Recycling Market by Aircraft: Narrow-Body Aircraft and Wide-Body Aircraft
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Aircraft Recycling Market by Component
6.1.2: Growth Opportunities for the Global Aircraft Recycling Market by Material
6.1.3: Growth Opportunities for the Global Aircraft Recycling Market by Aircraft
6.1.4: Growth Opportunities for the Global Aircraft Recycling Market by Region
6.2: Emerging Trends in the Global Aircraft Recycling Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Aircraft Recycling Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Aircraft Recycling Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Aircraft End-of-Life Solutions
7.2: Aircraft Part Out
7.3: Air Salvage
7.4: Apple Aviation
7.5: Tarmac Aerosave
7.6: Total Technic
7.7: Vallair
7.8: ADI
7.9: ARC Aerospace Industries
7.10: ComAv Technical Services
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's 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 this 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 Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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