Commercial Aircraft Disassembly Market Size (2024 - 2029)

The Commercial Aircraft Disassembly Market is projected to experience significant growth over the forecast period, driven by the increasing trend of airlines renewing their fleets with more fuel-efficient models. This renewal is expected to lead to a rise in aircraft retirements, thereby boosting the demand for disassembly services. The market's expansion is further supported by the aviation industry's focus on sustainability, which promotes the recycling of aircraft parts from decommissioned aircraft. Despite these positive trends, the high cost of recycling due to the use of expensive alloys poses a challenge to the market's growth trajectory.

Home Market Analysis Aerospace & Defense Research Aviation MRO Research Commercial Aircraft Disassembly Market Market Size

Market Size of Commercial Aircraft Disassembly Industry

Commercial Aircraft Disassembly Market Summary
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

Commercial Aircraft Disassembly Market Major Players

*Disclaimer: Major Players sorted in no particular order

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.

Commercial Aircraft Disassembly Industry Segmentation

The commercial aircraft disassembly market involves the process of removing and dismantling decommissioned aircraft and reusing their parts as spare parts or scrap metal.

The commercial aircraft disassembly market is segmented by application, aircraft type, and geography. By application, the market is segmented into disassembly and dismantling, recycling and storage, used serviceable material (USM), and rotatable parts. By aircraft type, the market is segmented into narrow-body, widebody, and regional jets. The report also covers the market sizes and forecasts for the commercial aircraft disassembly market in major countries across different regions. 

For each segment, the market size is provided in terms of value (USD).

Need A Different Region Or Segment?
Customize Now

Commercial Aircraft Disassembly Market Size Summary

The commercial aircraft disassembly market is poised for significant growth, driven by the aviation industry's shift towards more fuel-efficient and sustainable practices. As airlines modernize their fleets, the demand for disassembly and recycling services is expected to rise, particularly with the increasing retirements of older aircraft models. This trend is further supported by the popularity of narrow-body aircraft, which are favored for their cost-effectiveness and fuel efficiency on short and medium-haul routes. The market is characterized by a few key players who are actively expanding their operations through strategic mergers, acquisitions, and partnerships, aiming to enhance their capabilities in aircraft dismantling and recycling.

The Asia-Pacific region is a major contributor to the market's expansion, fueled by robust economic growth and rising air passenger traffic. Countries like China, India, and several Southeast Asian nations are witnessing a surge in demand for air travel, prompting airlines to upgrade their fleets with modern aircraft. This modernization creates opportunities for disassembly and recycling services, contributing to a circular economy. The market's growth is also challenged by the high costs associated with recycling processes, particularly due to the use of expensive alloys. Nonetheless, the ongoing efforts to integrate sustainable practices in aviation are expected to drive the market forward, with key players continuing to invest in new facilities and technologies to meet the increasing demand.

Explore More

Commercial Aircraft Disassembly Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Application

      1. 2.1.1 Disassembly and Dismantling

      2. 2.1.2 Recycling and Storage

      3. 2.1.3 Used Serviceable Material

      4. 2.1.4 Rotable Parts

    2. 2.2 By Aircraft Type

      1. 2.2.1 Narrow-body Aircraft

      2. 2.2.2 Wide-body Aircraft

      3. 2.2.3 Regional Jets

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

      2. 2.3.2 Europe

        1. 2.3.2.1 Germany

        2. 2.3.2.2 United Kingdom

        3. 2.3.2.3 France

        4. 2.3.2.4 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 India

        2. 2.3.3.2 China

        3. 2.3.3.3 Japan

        4. 2.3.3.4 South Korea

        5. 2.3.3.5 Rest of Asia-Pacific

      4. 2.3.4 Latin America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Rest of Latin America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 United Arab Emirates

        2. 2.3.5.2 Saudi Arabia

        3. 2.3.5.3 Israel

        4. 2.3.5.4 Rest of Middle-East and Africa

Commercial Aircraft Disassembly Market Size FAQs

The Commercial Aircraft Disassembly Market size is expected to reach USD 6.65 billion in 2024 and grow at a CAGR of 6.39% to reach USD 9.07 billion by 2029.

In 2024, the Commercial Aircraft Disassembly Market size is expected to reach USD 6.65 billion.

Commercial Aircraft Disassembly Market Report Snapshots

Commercial Aircraft Disassembly Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)