According to a market report by Lucintel, the future of the global aircraft recycling market looks promising with opportunities in the narrow-body aircraft and wide-body aircraft markets. The global aircraft recycling market is expected to reach an estimated $6 billion by 2030 from $4 billion in 2024 at a CAGR of 8.2% from 2024 to 2030. The major drivers for this market are increasing number of retired aircraft, rise in development of new recycling methods, and growing environmental concerns.
A more than 150-page report to
understand trends, opportunity and
forecast in global aircraft recycling market to 2030 by component (engines, landing gear,
avionics, and others), material (aluminum, other metals, and alloys), aircraft
(narrow-body aircraft and wide-body aircraft), and region (North America,
Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that engine is expected to witness the highest growth over the
forecast period due to expanding fleet expansion strategies of different
airlines and aircraft operators.
Within
this market, narrow-body aircraft will remain the larger segment due its
increasing adoption by various airlines as they can carry more passengers at a
lower cost.
Download
sample by clicking on aircraft
recycling market.
North
America will remain the largest region over the forecast period due to
increasing favorable laws pertaining to the recycling of aircraft and
pre-existing infrastructures that handle the disassembly and recycling of
aircraft.
Aircraft
End-of-Life Solutions, Aircraft Part Out, Air Salvage, Apple Aviation, Tarmac
Aerosave, Total Technic, Vallair, ADI, ARC Aerospace Industries, ComAv
Technical Services are the major suppliers in the aircraft recycling market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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