Market Size of Commercial Aircraft Disassembly Industry
| Study Period | 2019-2029 |
| Market Size (2024) | USD 6.65 Billion |
| Market Size (2029) | USD 9.07 Billion |
| CAGR (2024 - 2029) | 6.39 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Commercial Aircraft Disassembly Market Analysis
The Commercial Aircraft Disassembly Market size is estimated at USD 6.65 billion in 2024, and is expected to reach USD 9.07 billion by 2029, growing at a CAGR of 6.39% during the forecast period (2024-2029).
- According to Oliver Wyman's MRO outlook, the average age of commercial aircraft will decline dramatically over the next decade as airlines renew their fleets with more fuel-efficient models. This will drive average annual retirements to increase by 20-25% compared to the previous decade.
- With the aviation industry aiming at utilizing sustainable efforts, the recycling of aircraft parts from end-of-life aircraft is becoming increasingly popular. Engine MRO service providers and leasing companies are witnessing an increasing demand for some types of older engines in their portfolios, such as the Rolls-Royce Trent 700 and the Airbus A330 Powerplant, owing to lower fuel prices that have encouraged airlines to fly their aircraft for longer durations.
- However, the use of expensive alloys in the recycling process increases the overall cost of the process, which is a challenge to the market growth.
