Commercial Aircraft Disassembly, Dismantling & Recycling Market to reach $5,464.1M in 2015
This report's, now available on ASDReports, Commercial aircraft disassembly, dismantling and recycling are options for when aircraft reach the end of operational lifecycles. The market is expected to grow at moderate rates, driven by aircraft retirement rates over the next two decades and the entry into service of next generation airliners. Furthermore, initiatives outlined by industry associations such as the Aircraft Fleet Recycling Association (AFRA) will continue to increase the amount of material that can be recovered and recycled through the application of best management practices that will increase financial return for operators and overall sustainability for the air transport industry. The global aircraft disassembly, dismantling & recycling market is expected to reach $5,464.1m in 2015.
Other significant market drivers are expected to be the demand for surplus aircraft parts and materials for aftermarket and MRO services with stakeholders including independent maintenance providers, in-house maintenance divisions of major airlines, aircraft leasing companies, OEMs and parts suppliers and brokers. The market is significantly fragmented with numerous companies specialising in part out, teardown and distribution of reclaimed components. Much of the activities in this market are concentrated around North America and Europe. Asia is seen as a potential market for growth in aircraft disassembly and dismantling activity in the long term future when considering the high demand and growth rates of the region’s air transport industry.
Commercial Aircraft Disassembly, Dismantling & Recycling Market Report 2015-2025
This 279 page report categorises the market into four submarkets that are related to key activities in aircraft disassembly, dismantling & recycling; storage, disassembly and dismantling of aircraft, engine teardown and component management. Furthermore, there is in-depth analysis of four regional markets and profiles of leading companies in commercial aircraft disassembly, dismantling & recycling. Furthermore, 149 contracts for commercial aircraft disassembly, dismantling & recycling. are also detailed throughout the report.
Source : ASDReports - Market Research - view original press release