Air Transport USM Market: Summary
The Global Air Transport USM Market is projected to reach a value of over USD 8.1 Billion by 2027 at a CAGR of around 5.1%.
Air transport is refers to one of the fastest modes for the public transport, which permit the people from others countries to travel different countries for business, medical, and for tourism purposes. Whereas, various airlines are integrating the Used Serviceable Material (USM) for their maintenance strategies as well as for enabling the OEMs. Also, some airlines are embrace USM for the maintenance plans to cut the costs.
Hence, USM can lead to benefits by minimizing the cost without compromising on the safety or quality. These is anticipate to boost the growth of the market in the forecast period.
Air Transport USM Market: Drivers & Opportunity
- Growing Aircraft Maintenance, Repair, and Overhaul (MRO) Activities
The growing aircraft Maintenance, Repair, and Overhaul (MRO) activities will lead to improve the demand of the market in the forecast period. Whereas, the increasing global airspace is projected a huge demand for the air travel for the commercial aircraft. However, the renovating of existing commercial aircraft is witness to be a major trend in the aviation industry. The remodeling of aircraft that includes engine, radars as well as antennas.
Hence, the supplier of the Used Serviceable Material (USM) provides the present of some of the aircraft components in a lesser cost as well as the large accuracy which is projected to rise the interest in between the manufacturers of the aircraft. These trend may lead to boost the demand of the aircraft transport USM market in the forecast period.
The one of the major concern issue for the air transport USM market is the market volatility issues which may lead to hinder the growth of the market. Whereas, the market is facing a higher retirement rate as well as overflowing a shrinking market on legacy applications. Hence, the volatile as well as some of the technological development lead to bring various benefit but as the same time may create a challenging factor in the complex environments.
Air Transport USM Market: Key Segments
- Segmentation based on Product Type: Engine, Components, Airframe and Other.
- Segmentation based on Aircraft Type: Single Aisle Aircraft, Twin Aisle Aircraft, Business and General Aviation and Others.
- Segmentation based on Application: OEMs and Aftermarket.
- Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.
Air Transport USM Market: Report Scope
The report on the air transport USM market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2021-2027 (2021 estimated year, forecasted up to 2027)
Value (USD Million)
Product Type, Aircraft Type, Application, and Region
North America, Asia-Pacific, Europe, Middle East & Africa, South America
Key Companies Covered
- A J Walter Aviation Limited (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- AFI KLM E&M
- GA Telesis, LLC
- Honeywell International Inc.
- Liebherr Group
- DELTA MATERIAL SERVICES
- TES Aviation Group
- Lufthansa Technik
- MTU Aero Engines AG
- Other Key Companies
Air Transport USM Market: Report Segmentation
For the scope of the report, In-depth segmentation is offered by Forencis Research
Air Transport USM Market, by Product Type
Air Transport USM Market, by Aircraft Type
- Single Aisle Aircraft
- Twin Aisle Aircraft
- Business and General Aviation
Air Transport USM Market, by Application
Air Transport USM Market, by Region
- North America
- South Korea
- Rest of Asia-Pacific
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Rest of South America
Key Questions Answered By The Report
- What are the prominent developments affecting the market worldwide and its growth?
- What will be the impact of the developments in the market on the industry and on the market players in the future?
- What are the evolving variations of the market globally?
- What are the evolving functions of the market globally?
- What are the prominent aspects that will affect market growth globally during the study period?
- Who are the key players operating in the market across the globe?
- How are the key players leveraging in the present market scenario worldwide?
- Air Transport USM Market Providers
- Air Transport USM Market Solution and Services Suppliers, Distributors and Dealers
- End-Users of Varied Segments of Air Transport USM Market
- Government Bodies and Intellectual Institutions
- Associations and Industrial Organizations
- Research & Consulting Service Providers
- Research & Development Organizations
- Investment Banks & Private Equity Firms
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE AIR TRANSPORT USM MARKET STUDY