Air Transport USM

Global Air Transport USM Market to Reach US$8.8 Billion by 2030

The global market for Air Transport USM estimated at US$6.5 Billion in the year 2024, is expected to reach US$8.8 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2024-2030. Engine, one of the segments analyzed in the report, is expected to record a 6.4% CAGR and reach US$6.0 Billion by the end of the analysis period. Growth in the Components segment is estimated at 3.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.8 Billion While China is Forecast to Grow at 5.1% CAGR

The Air Transport USM market in the U.S. is estimated at US$1.8 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 5.1% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 5.0% and 4.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Global Air Transport USM Market – Key Trends & Drivers Summarized

What Are Air Transport USMs and Why Are They Important?

Air Transport Used Serviceable Materials (USMs) are aircraft parts and components that have been previously used but are still serviceable, having met stringent inspection and certification standards. These materials are an essential part of the aviation industry`s efforts to reduce costs while maintaining high safety and performance standards. USMs are particularly important in the aftermarket for aircraft maintenance, repair, and overhaul (MRO) services, where they provide a cost-effective alternative to purchasing new parts. Airlines and MRO providers benefit from the availability of high-quality, certified used parts, which help to reduce operational costs and extend the service life of aircraft.

How Are Airlines and MRO Providers Utilizing USMs?

The growing emphasis on cost efficiency in the aviation industry has led airlines and MRO providers to increasingly rely on USMs for aircraft maintenance and repairs. USMs are typically sourced from decommissioned aircraft or surplus inventory, and they undergo rigorous testing to ensure they meet the required safety and performance standards. These parts are used in a wide range of applications, from engine components and landing gear to avionics and cabin interiors. By utilizing USMs, airlines can significantly reduce their maintenance costs, while MRO providers can offer more competitive pricing for their services. This trend is particularly relevant as the aviation industry recovers from the financial impact of the COVID-19 pandemic and seeks ways to optimize operational expenses.

What Role Do Sustainability Initiatives Play in the USM Market?

Sustainability is becoming a key focus in the aviation industry, and the use of USMs aligns with the growing emphasis on reducing waste and minimizing the environmental impact of aircraft operations. By reusing and repurposing aircraft parts, the industry can reduce the demand for new materials, conserve resources, and lower the carbon footprint associated with manufacturing new components. This circular approach to aircraft maintenance not only provides economic benefits but also supports the aviation industry`s broader sustainability goals. As airlines and MRO providers increasingly prioritize environmentally friendly practices, the use of USMs is expected to expand, further driving demand for certified used parts.

What Is Driving Growth in the Air Transport USM Market?

The growth in the air transport USM market is driven by several factors, including the rising demand for cost-effective aircraft maintenance solutions, the growing availability of high-quality used parts, and the increasing focus on sustainability within the aviation industry. As airlines seek to reduce operational expenses in a highly competitive market, the use of USMs offers significant cost savings without compromising safety or performance. The availability of certified used parts, combined with advancements in testing and inspection technologies, has further boosted confidence in the use of USMs. Additionally, the aviation industry`s commitment to sustainability is encouraging the adoption of circular practices, such as the reuse of serviceable materials, contributing to the market’s growth.

SCOPE OF STUDY:

The report analyzes the Air Transport USM market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Aircraft Type (Narrowbody Jet, Widebody Jet, Turboprop, Regional Jet); Product Type (Engine, Components, Airframe, Other Product Types); Provider Type (OEM, Non-OEM)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 46 Featured) -

• AAR Corporation
• Collins Aerospace
• Euroatlantic Airways
• General Electric Company
• Gulf Air
• Lufthansa Technik AG
• Pratt & Whitney
• Rheinmetall AG
• Satair
• Vietnam Airlines

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

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