You are currently viewing Global Commercial Aircraft Disassembly, Dismantling, and Recycling Market to be Driven by Growing Focus on Second-Hand Aircraft Parts Sector in the Forecast Period of 2021-2026

Global Commercial Aircraft Disassembly, Dismantling, and Recycling Market to be Driven by Growing Focus on Second-Hand Aircraft Parts Sector in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Commercial Aircraft Disassembly, Dismantling, and Recycling Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global commercial aircraft disassembly, dismantling, and recycling market , assessing the market based on its segments like services and regions. The report tracks the newest trends within the industry and studies their impact on the general market. It also assesses the market dynamics, covering the key demand and price indicators, alongside analysing the market supported the SWOT and Porter’s Five Forces models.

 

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

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The key highlights of the report include:

Market Overview (2016-2026)

• Forecast CAGR (2021-2026): 4.7%

Industry Definition and Major Segments

The recovery of high residual value from recycled materials in commercial aircraft, such as carbon fibres and other materials, can help to reduce environmental risks while also propelling the industry forward. A few commercial aircraft disassembly, dismantling, and recycling companies are focusing on developing innovations in carbon fibre recycling, which is one of the most difficult structural components to recycle in an aircraft, and this development is expected to help the industry grow even more.

The commercial aircraft disassembly, dismantling, and recycling market can be divided based on segments like services.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/commercial-aircraft-disassembly-dismantling-and-recycling-market

Based on services:

• Recycling
• Component Management
• Disassembly and Dismantling
• Aircraft Storage
• Engine Teardown

Breakup by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Trend

Many companies specialise in disassembling and dismantling planes in order to auction or sell aircraft parts. Because major airline companies are increasingly focusing on using second-hand aircraft parts to cut costs, global demand for spare parts or components of aircraft has increased significantly. With the significant expansion of the global aircraft fleet, it is expected that demand for used spare parts will rise, assisting the industry’s growth over the forecast period. To cut costs, many airlines have been focusing on purchasing a complete aircraft for dismantling.

Key Market Players

The major players within the market are TARMAC Aerosave, AAR Corp. [NYSE: AIR], China Aircraft Leasing Group Holdings Ltd., Air Salvage International Ltd., AerSale, Inc. and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of those market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.