Used Serviceable Material (USM) Market is Expected to Reach USD 11.64 Billion by 2035, Growing at a CAGR of 4.1% During the Forecast Period 2025-2035

The Used Serviceable Material Market represents a vital segment of the global aviation aftermarket, offering certified, reusable aircraft components that support cost-efficient maintenance operations. As per industry analysis, the market was valued at approximately USD 6.1 billion in 2024 and is estimated to reach nearly USD 7.477 billion in 2024. Over the long term, the market is projected to grow to around USD 11.64 billion by 2035, registering a compound annual growth rate of about 4.1% during the forecast period from 2025 to 2035. Market expansion is primarily driven by rising aircraft retirements, increasing fleet utilization, persistent supply-chain constraints for new parts, and a growing emphasis on sustainable maintenance practices across commercial, military, and business aviation.

Key Market Drivers

The increasing retirement of aging aircraft across commercial and military fleets is a primary factor supporting market growth, as retired platforms provide a steady supply of serviceable components. Rising maintenance, repair, and overhaul activity is also strengthening demand, particularly as airlines operate aircraft for longer durations to maximize asset utilization. Persistent cost pressures on airlines are encouraging the adoption of certified used components as an alternative to expensive new OEM parts. Ongoing supply-chain disruptions and extended lead times for new components further reinforce the need for readily available USM. Sustainability initiatives promoting circular economy practices are accelerating acceptance of reused parts. Growth in global air passenger traffic is increasing fleet utilization rates, leading to higher component replacement cycles. Improved regulatory oversight and certification standards are enhancing confidence in USM quality and safety. The continued expansion of low-cost carriers is reinforcing demand for economical maintenance solutions.

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Competitive Landscape

Boeing (US), Lockheed Martin (US), Northrop Grumman (US), Raytheon Technologies (US), General Dynamics (US), Airbus (FR), Thales Group (FR), Leonardo (IT), BAE Systems (GB)

Market Segmentation

By type, the market is segmented into engine components, airframe components, avionics and electronic systems, and landing gear along with auxiliary systems, with engine-related parts accounting for a significant share due to their high replacement cost and maintenance frequency. By application or function, the market covers commercial aviation maintenance, military and defense aviation support, and business and general aviation MRO activities, reflecting the broad applicability of USM across fleet categories. By end-user and distribution channel, segmentation includes airlines and aircraft operators, independent MRO service providers, aircraft leasing companies, and aftermarket parts distributors, each playing a distinct role in the procurement and circulation of used serviceable components.

Key Opportunities

The expansion of aircraft teardown and disassembly operations presents a major opportunity by increasing the availability of certified components. The growing adoption of digital platforms for sourcing, tracking, and certifying USM offers opportunities to improve transparency and efficiency across the supply chain. Emerging aviation markets with expanding fleets present strong demand potential for cost-effective maintenance solutions. Increasing regulatory and industry focus on sustainability creates opportunities for broader adoption of reused components. Strategic collaboration between MRO providers, leasing companies, and aftermarket distributors can further enhance inventory availability and reduce operational risk.

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Regional Insights

North America holds a leading position in the global market due to its large installed aircraft base, frequent aircraft retirements, and well-established MRO infrastructure. Europe represents a significant share supported by strong recycling frameworks, mature aviation regulations, and increasing sustainability mandates encouraging component reuse. Asia-Pacific is expected to experience the fastest growth over the forecast period, driven by rapid fleet expansion, rising air passenger traffic, and increasing investment in domestic MRO capabilities across major aviation hubs.

Key Market Trends

Digital traceability and advanced certification systems are increasingly being integrated to improve transparency and buyer confidence. The use of USM in next-generation narrow-body aircraft maintenance is expanding as operators seek cost efficiencies. Sustainable aviation practices are gaining momentum through increased component reuse and recycling. Inventory pooling and flexible maintenance contracts are becoming more prevalent to reduce operational costs. Collaboration between leasing companies and aftermarket suppliers is strengthening the availability of serviceable components.

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Future Outlook

The outlook for the Used Serviceable Material Market remains positive as aviation stakeholders continue to balance operational efficiency, cost control, and sustainability. Rising aircraft retirements and high utilization rates are expected to sustain demand for certified used components, while technological advancements will further improve transparency and quality assurance. Growth opportunities in emerging markets, combined with evolving MRO strategies and circular economy initiatives, are likely to support long-term market expansion. As acceptance of USM continues to increase across commercial, military, and business aviation, the market is positioned to remain a critical component of the global aviation aftermarket through 2035.

Table of Contents

Executive Summary

Market Introduction

Market Dynamics

Market Segmentation

Regional Analysis

Competitive Landscape

Future Outlook

Conclusion

Appendix

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