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Get detailed analysis of the COVID-19 impact on the Aircraft Recycling Market

Global Aircraft Recycling Market Opportunities and Forecast 2020-2027

  • DLR2744
  • 18 August, 2021
  • Aerospace & Defense
  • Pages: 120
  • Global
Global Aircraft Recycling Market, By Aircraft (Narrow-body, Wide-body, Regional), By Product (Component, Material) and opportunities and forecast 2020-2027

Aircraft Recycling Market Overview

Rising awareness for aircraft recycling among airliners is fuelling the aircraft recycling market growth. The rapidly growing aviation sector in India, China, and Japan is compelling the aviation sector to adopt recycled aircraft parts, which are not only economical but also minimize the environmental impact. Maintenance, Repair, and Overhaul (MRO) providers are investing significantly in recycling aircraft to fulfill the growing need for aircraft parts.
 
However, difficulty within the recycling of advanced materials utilized in the manufacturing of new-age aircraft like carbon fiber might hinder the market expansion within the coming years. These materials ends-up within the landfill is attributable to the lack of large-scale recycling solutions.
 
Covid-19 Impact on Aircraft Recycling Market:

As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircrafts during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
 
Aircraft Recycling Market Segment Overview

The wide-body segment will account for over one-fourth share within the aircraft recycling market. Airliners generally prefer recycled wide-body aircraft parts attributable to their easy availability and low cost compared to new & original parts and components. With regulations favoring the utilization of recycled aircraft parts, the demand for wide-body aircraft parts and components is predicted to enhance during the forecast timeframe.

Market Analysis, Insights and Forecast – By Aircraft
·       Narrow-body
·       Wide- body
·       Regional

Market Analysis, Insights and Forecast – By Product
·       Component
·       Material
 
Aircraft Recycling Market Regional Overview

Region-wise, in terms of regions, the Asia Pacific aircraft recycling market will observe exponential growth till 2027 on account of rising demand for used serviceable materials (USM); proliferating aircraft MRO industry including an increasing number of aging aircraft within the region. Aircraft Recycling International opened a recycling facility in recycling Heilongjiang, China with an annual effective handling capacity of 20 aircraft. Mesco Aerospace India has an upcoming project on aircraft recycling. These trends will prosper the regional market within the coming years.

Aircraft Recycling Market, By Geography
 
·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Aircraft Recycling Market Competitor overview

Some key developments and strategies adopted by manufacturers in Aircraft Recycling are highlighted below.
 
·       In April 2020, Aircraft Solutions USA announced that it will be investing USD 100 million to make a replacement aircraft recycling center. The growing demand for recycled aircraft parts from various airlines and aircraft operators around the world is further enhancing the market price

Aircraft Recycling Market, Key Players

·       Aircraft Part Out Company
·       Aircraft End-of-Life Solutions
·       Air Salvage International
·       Aviation International Recycling
·       Apple Aviation
·       Total Technic
·       Tarmac Aerosave
·       Vallair
·       ARC Aerospace Industries
·       ADI- Aircraft Demolition & Recycling
·       ComAv Technical Services
·        Sycamore Aviation
·        KLM UK Engineering
·       VAS Aero Services and Universal Asset Management Inc.

Aircraft Recycling Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Aircraft Recycling Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Aircraft
        • 5.2.1. Narrow-body
        • 5.2.2. Wide- body
        • 5.2.3. Regional
      • 5.3. Market Analysis, Insights and Forecast – By Product
        • 5.3.1. Component
        • 5.3.2. Material
      • 5.4. Market Analysis, Insights and Forecast – By Region
        • 5.4.1. North America
        • 5.4.2. Europe
        • 5.4.3. Asia Pacific
        • 5.4.4. Latin America, Middle East, and Africa

      6. North America Aircraft Recycling Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Aircraft
        • 6.2.1. Narrow-body
        • 6.2.2. Wide- body
        • 6.2.3. Regional
      • 6.3. Market Analysis, Insights and Forecast – By Product
        • 6.3.1. Component
        • 6.3.2. Material
      • 6.4. Market Analysis, Insights and Forecast – By Country
        • 6.4.1. U.S.
        • 6.4.2. Canada

      7. Europe Aircraft Recycling Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Aircraft
        • 7.2.1. Narrow-body
        • 7.2.2. Wide- body
        • 7.2.3. Regional
      • 7.3. Market Analysis, Insights and Forecast – By Product
        • 7.3.1. Component
        • 7.3.2. Material
      • 7.4. Market Analysis, Insights and Forecast – By Country
        • 7.4.1. UK
        • 7.4.2. Germany
        • 7.4.3. France
        • 7.4.4. Italy
        • 7.4.5. Spain
        • 7.4.6. Russia
        • 7.4.7. Rest of Europe

      8. Asia Pacific Aircraft Recycling Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Aircraft
        • 8.2.1. Narrow-body
        • 8.2.2. Wide- body
        • 8.2.3. Regional
      • 8.3. Market Analysis, Insights and Forecast – By Product
        • 8.3.1. Component
        • 8.3.2. Material
      • 8.4. Market Analysis, Insights and Forecast – By Country
        • 8.4.1. China
        • 8.4.2. India
        • 8.4.3. Japan
        • 8.4.4. Australia
        • 8.4.5. South East Asia
        • 8.4.6. Rest of Asia Pacific

      9. Latin America, Middle East, and Africa Aircraft Recycling Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Aircraft
        • 9.2.1. Narrow-body
        • 9.2.2. Wide- body
        • 9.2.3. Regional
      • 9.3. Market Analysis, Insights and Forecast – By Product
        • 9.3.1. Component
        • 9.3.2. Material
      • 9.4. Market Analysis, Insights and Forecast – By Country
        • 9.4.1. Brazil
        • 9.4.2. Saudi Arabia
        • 9.4.3. UAE
        • 9.4.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. Thales Group
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. Aircraft Part Out Company
      • 10.6. Aircraft End-of-Life Solutions
      • 10.7. Air Salvage International
      • 10.8. Aviation International Recycling
      • 10.9. Apple Aviation
      • 10.10. Total Technic
      • 10.11. Tarmac Aerosave
      • 10.12. Vallair
      • 10.13. ARC Aerospace Industries
      • 10.14. ADI- Aircraft Demolition & Recycling
      • 10.15. ComAv Technical Services
      • 10.16. Sycamore Aviation
      • 10.17. KLM UK Engineering

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