Aircraft Recycling Market

Aircraft Recycling Market Size, Share, Growth Analysis, By Aircraft(Narrow-body, Wide-body), By Product(Component, Engines), By Region(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG20A2082 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Aircraft Recycling Market Insights

Market Overview:

The Aircraft Recycling Market was worth more than USD 4.07 billion in 2020, and is predicted to expand at a CAGR of 8.5% from 2021 to 2027. The growth of the industry is attributed to the surge in dismantling and recycling activities within the commercial aircraft sector. Aircraft recycling involves scrapping and disassembling end-of-life aircrafts to harvest materials and parts, which are either repurposed as scrap or spare parts. The increase in aircraft retirements, and the need for environment-friendly disposal and recycling processes, are the key drivers for the growth of the Aircraft Recycling Market.

Aircraft Recycling Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Aerospace & Defense by segment aggregation, the contribution of the Aerospace & Defense in Capital Goods and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Aircraft Recycling was estimated to be valued at US$ XX Mn in 2021.

The Aircraft Recycling Market is estimated to grow at a CAGR of XX% by 2028.

The Aircraft Recycling Market is segmented on the basis of Aircraft, Product, Region.

Based on region, the Aircraft Recycling Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Aircraft Recycling Market are Aircraft End-of-Life Solutions, Aircraft Part Out Company, Air Salvage International, Apple Aviation, Aviation International Recycling, Tarmac Aerosave, Total Technic, Vallair, ADI- Aircraft Demolition & Recycling, ARC Aerospace Industries, ComAv Technical Services, KLM UK Engineering, Sycamore Aviation, Universal Asset Management Inc., VAS Aero Services.

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Aircraft Recycling Market

Product ID: UCMIG20A2082

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