Press release
Aircraft Recycling Market: Insights into Market Size, Growth Drivers and Key Trends
Aircraft Recycling Market Size
• The aircraft recycling market was valued at $5.03 billion in 2024 and will grow to $5.43 billion in 2025, witnessing a CAGR of 7.9%.
• Market growth throughout this period can be accredited to factors like fleet retirement and replacement, environmental regulations and sustainability goals, and the rising cra*p value of aircraft components.
• Looking ahead, the market will see strong growth and is anticipated to reach $7.33 billion by 2029, with a CAGR of 7.8%.
• This forecasted growth can be attributed to factors like an increase in fleet size and renewal cycles, regulatory support, and rising public awareness about environmental impact.
What Is Driving The Growth In The Aircraft Recycling Market?
The projected growth of the aircraft recycling market is largely due to the increase in retired and worn-out aircraft. Aging aircraft that have become too costly to maintain and operate are classified as retired. Through recycling, the most valuable components such as engines and parts can be reused, promoting profitability. For example, the International Civil Aviation Organization and Airbus estimate that about 600-1000 commercial aircraft are retired annually worldwide and project up to 15,000 retirements by 2040.
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Who Are the Key Players Driving Aircraft Recycling Market Growth?
• Aircraft Solutions USA
• AELS (Aircraft End-of-Life Solutions)
• Aviation International Recycling LLC
• Bartin Aero Recycling
• CAVU Aerospace
• ELG Carbon Fibre Ltd
• GA Telesis LLC
• Aircraft Demolition LLC
• Air Salvage International Ltd
• Universal Asset Management Inc
• Airplane Recycling
• Ecube Solutions Ltd
• Lufthansa Technik AG
• Tarmac Aerosave
• Vallair Solutions
• AerSale Inc
• AvAir
• Boeing Global Services
• A J Walter Aviation Limited
• Aircraft End-of-Life Solutions BV
• Magnetic MRO AS
• AELS BV
• ATS Group
• Delta Material Services
What Are The Key Trends In The Aircraft Recycling Market?
Major upcoming trends in the forecast period include:
- Advancements in recycling technologies
- Strategic partnerships and collaborations
- Technological developments in aircraft design
- A global focus on green technologies
- Technological innovations in recycling processes
What Are The Segments Of The Global Aircraft Recycling Market?
1) By Product: Engines, Landing Gear, Avionics
2) By Material: Aluminum, Other Metals And Alloys
3) By Aircraft: Narrow-Body, Wide-Body, Regional
Which Region Leads The Aircraft Recycling Market?
North America was the largest region in the aircraft recycling market in 2024. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Aircraft Recycling Market Global Market Report?
- Market Size Analysis: Analyze the Aircraft Recycling Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Aircraft Recycling Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Aircraft Recycling Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Aircraft Recycling Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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