Aircraft Dismantling Industry 2020-2027

 Many firms focus on disassembling and dismantling aircraft to auction or sell aircraft components. The worldwide demand for spare parts or components of aircraft has risen considerably owing to the growing focus on using second-hand aircraft parts by major airline companies to cut down costs. 

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It is anticipated that with the substantial growth in the global aircraft fleet, the demand for second-hand spare components will increase, further aiding the industry growth over the forecast period. Many airline companies have been focusing on purchasing a complete aircraft for teardown to reduce their expenses. Hence, the growing demand for spare aircraft components during the forecast period will provide a boost to the global commercial aircraft disassembly, dismantling, and recycling industry.

Global Commercial Aircraft Disassembly, Dismantling; Recycling Market report covers both the revenue generated from Dismantling and Disassembly services and the market for the salvaged components. The market forecast for the services and components are covered separately in the market forecast section.

The key challenge in this market is the aircraft valuation which is more of an estimation than a formula. An APU from two similar aircraft manufactured in the same year could fetch different prices if one of the aircraft has been scrapped due to an accident. The second challenge is the aircraft demand in the market, if there are good number of aircraft which are stored in the specific model, the demand is naturally lower.