Commercial Aircraft Disassembly Dismantling and Recycling Market

Commercial Aircraft Disassembly Dismantling and Recycling Market

Growth Factors of Commercial Aircraft Disassembly, Dismantling & Recycling Market

The commercial aircraft disassembly, dismantling & recycling market size was valued at USD 6.74 billion in 2022, and the market is now projected to grow from USD 8.07 billion in 2023 to USD 14.72 billion by 2033, exhibiting a CAGR of 6.20% during the forecast period of 2023-2033.

The commercial aircraft disassembly, dismantling & recycling market growth and sales experienced a shift in 2020 due to the COVID-19 outbreak where aircraft delivery declined to 43.5%. The market recovered to USD 104 million in 2021 as airlines transformed their fleet and retirement, creating more demand for teardown and recycling. This resulted in an increased number of stored planes with estimates showing that 25% of the commercial fleets had not flown for some time. The crisis also resulted in rising orders of aeroplane components, while practising the industry’s focus on increasing sustainability.

The circular economy model allows returning products to the cycle thus increasing aircraft parts life by repairing or recycling them. It reduces scrap and optimises the utility of materials during an aircraft's later and final phases. Capgemini's Aerospace Lifecycle Optimization Platform, leveraging AWS Cloud and AI, improves traceability of aircraft parts and operational data. It helps manufacturers to design new automobile products that can easily be disassembled for recycling and other related benefits. These initiatives are expected to drive the global commercial aircraft disassembly, dismantling & recycling market share.

Moreover, advancements in recycling technology affect commercial aircraft disassembly and the recycling market by improving the recycling of materials such as composites and alloys. HELACS is aimed at designing novel robotic systems for cutting composite structures in the post-service phase and some progress has been made concerning welding and disassembly techniques. As of March 2023, an estimated 40,000 tons of composite waste reach their end of use and end up in landfills, hence the need to find a more environmentally friendly solution. Companies such as SUSTAINair are pioneering techniques for upcycling aerospace materials. These advancements drive significant growth in the global aircraft recycling and scrapping market.

Comprehensive Analysis of Commercial Aircraft Disassembly, Dismantling & Recycling Market

The commercial aircraft disassembly, dismantling & recycling market and aerospace & defence industry are rising due to its market segmentation. This market expansion effectively provides detailed regional assessments considering the dominant supply and demand forces that impact the aerospace & defence industry. These segmentations are methodically segregated by application and aircraft type. The applications include, Disassembly & Dismantling, Recycling & Storage, USM and Rotable Parts. The aircraft types include, Narrow Body, Wide Body and Regional Jet.

North America led the market with a valuation of USD 2.58 billion in 2022, primarily driven by the retirement of older fleets. United Airlines ordered 110 planes from Airbus and Boeing in October 2023 and 60 A321neos and 50 787-9s from Airbus and Boeing respectively but the plane deliveries are expected to be delivered from 2028 to 2031. This effectively seeks to replace ageing aircraft and grow operations at airports’ with restricted greater capacity throughout the globe. The trend underscores the region's significant investments in modernizing its fleet. Such initiatives are expected to bolster the market.

The key industry players in the market play a crucial role in the aerospace & defence industry assuring industrial prospectus growth and setting market standards. These players include, Aircraft End-of-Life Solutions (AELS) BV (Netherlands), Air Salvage International Ltd (Gloucestershire), Aerocycle (Canada), CAVU Aerospace (Germany), China Aircraft Leasing Group (China), Ecube (U.K.), Eirtrade Aviation (U.K.), GA Telesis LLC (U.S.), TARMAC Aerosave (France) and Vallair (U.K.). These market players provide a level-playing competitive landscape.

In September 2023, EirTrade Aviation, an Irish-based aviation asset management and trading firm, acquired tools that enabled it to offer complete disassembly of the CFM56-3 aircraft engines for sale later. The company could offer this service using the CFM56-5A, -5B, -7B, and -7BE engines in the Dublin centres.

Segmentation Table

Global Commercial Aircraft Disassembly, Dismantling & Recycling Market Scope

Study Period 2019-2033

Base Year 2022

Forecast Period 2023-2033

Growth Rate CAGR of 6.20% from 2023 to 2033

Historical Period 2019-2021

Unit Value (USD Billion)

Segmentation By Application, Aircraft Type, and Geography

By Application Disassembly & Dismantling

Recycling & Storage

USM

Rotable Parts

By Aircraft Type Narrow Body

Wide Body

Regional Jet

By Geography North America (By Application, Aircraft Type, and Country)

• U.S. (By Aircraft Type)
• Canada (By Aircraft Type)

Europe (By Application, Aircraft Type, and Country)

• U.K. (By Aircraft Type)
• Germany (By Aircraft Type)
• France (By Aircraft Type)
• Italy (By Aircraft Type)
• Russia (By Aircraft Type)
• Ireland (By Aircraft Type)
• Rest of Europe (By Aircraft Type)

Asia Pacific (By Application, Aircraft Type, and Country)

• China (By Aircraft Type)
• India (By Aircraft Type)
• Japan (By Aircraft Type)
• Australia (By Aircraft Type)
• Rest of Asia Pacific (By Aircraft Type)

Middle East & Africa (By Application, Aircraft Type, and Country)

• UAE (By Aircraft Type)
• Saudi Arabia (By Aircraft Type)
• Qatar (By Aircraft Type)
• South Africa (By Aircraft Type)
• Rest of the Middle East and Africa (By Aircraft Type)

South America (By Application, Aircraft Type, and Country)

• Brazil (By Aircraft Type)
• Argentina (By Aircraft Type)
• Rest of South America (By Aircraft Type)