The global aerospace used serviceable material market study encompasses market size evaluation and forecast for the period ranging from 2019-2030, where 2019 is the base year for the market estimation and 2020-2030 is the forecast period. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the market competition with the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global aerospace used serviceable material market have been studied in detail.

Market Overview and Trends:
With rapidly aging fleets in the mature markets and growing demand from airlines and fleet operators for next-generation, more fuel-efficient, technologically advanced aircraft, many customers are now focused on replacing their older fleets. In fact, over the next 20 years, it is estimated that around 40 percent of all new aircraft deliveries will be for replacement purposes. However, extended periods of depressed fuel prices may encourage aircraft operators to defer replacement of fuel-guzzling aircraft without incurring higher operations costs., which in turns is expected to increase used serviceable materials market concentration over the coming years.

Aerospace Used Serviceable Material Market Dynamics:

  • Rising Demand for MRO Services
  • Rising Aviation Industry in Developed and Developing Economies
  • Increasing Air Travel Across Developing Economies
  • Rising Aircraft Aftermarket Industry

Aerospace Used Serviceable Material Market Segmentation 2020-2030:

Segmentation by Aircraft Type, 2020 – 2030 (USD Million)

  • Narrowbody Aircraft
  • Widebody Aircraft
  • Regional Aircraft
  • Turboprop Aircraft

Segmentation by Product, 2020 – 2030 (USD Million)

  • Engine Parts
  • Component
  • Airframe

Segmentation by Geography, 2020 – 2030 (USD Million)

North America

  • Unada

Europe

  • Germany
  • UK
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa


Aerospace Used Serviceable Material Market: Top 10 Companies

  • Honeywell International Inc.
  • GE Aviation
  • Eaton Corporation
  • Boeing
  • Raytheon Company
  • Deutsche Lufthansa AG
  •  United Technologies Corporation
  • Curtiss Wright Corporation
  • Rolls-Royce plc
  • Air France-KLM Group