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Global Aircraft Dismantling Market Analysis & Forecasts 2018-2022, With an Expected CAGR of 6.6% - ResearchAndMarkets.com

August 7, 2018

DUBLIN--(BUSINESS WIRE)--Aug 7, 2018--The “Global Aircraft Dismantling Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The analysts forecast the global aircraft dismantling market to grow at a CAGR of 6.60% during the period 2018-2022.

The economic life of an aircraft is not unlimited like its technological life, as there are spare parts available on aircraft that can be kept airworthy. Maintenance costs increase as an aircraft ages. As a result, when an aircraft has reached the end of its economic life, it is generally withdrawn from service and replaced with a new aircraft that has higher passenger comfort and lower fuel utilization and maintenance costs.

One trend in the market is greener dismantling practices. The international community is striving for greener practices to dismantle aircraft. In 2011, Bombardier, alongside the Canadian University Polytechnique Montral and the Centre Technologique en arospatiale, embarked on a $1.4 million R&D project to find new ways to recycle and recover metals.

One driver in the market is retirement of aircraft and increasing fleet size with new-generation aircraft. The average age of aircraft in service has been relatively stable in the last 15 years. As per statistics provided by International Air Transport Association (IATA), the retirement of fleets between 2010-2015 was around 4,700 units which was growing at CAGR more than 4%.

The report states that one challenge in the market is uncertainty of aircraft retirement. There is no set industry rule or standard, but many commercial aircraft reach end of life at about 25 years of age. Aircraft age is arguably measured not only in years but also in terms of pressurization cycles, which cause stress on the fuselage and wings.

Companies Mentioned

Aircraft End-of-Life Solutions (AELS) AerSale CAVU Aerospace HVF and Affiliates Gibbs Scrap Universal Recycling

Key Topics Covered:

01. Executive Summary

02. Scope Of The Report

03. Research Methodology

04. Market Landscape

05. Market Sizing

06. Five Forces Analysis

07. Market Segmentation By Aircraft Type

08. Customer Landscape

09. Regional Landscape

10. Decision Framework

11. Drivers And Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

15. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/6qfh9x/global_aircraft?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180807005339/en/

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Related Topics:Aircraft

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING AEROSPACE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/07/2018 04:50 AM/DISC: 08/07/2018 04:50 AM

http://www.businesswire.com/news/home/20180807005339/en

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