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Used serviceable materials (USMs) are components from retired aircraft that are installed in the operational aircraft. Moreover, the average aircraft retirement age is 25 – 30 years but they are dismantled when they reach the age of 18 – 20 years, so their parts are still operational with little servicing. The USM suppliers thus ensure that some of the major aircraft components are available at lower costs and with greater reliability, increasing interest among aircraft manufacturers. Aircraft users, aircraft manufacturers, and maintenance repair and overhaul (MRO) service providers thus are increasingly emphasizing the procurement of used service materials since it costs around 60 – 80% of the new part replacing multiple parts of an airliner. Furthermore, the use of serviceable material is a cost-effective process that ensures the quick replacement of faulty components with refurbished components rather than dismantling of aircraft or engines. Furthermore, these are directly replaced in the service aircraft, which helps to reduce the maintenance cost of the aircraft. MRO providers thus are implementing USMs to reduce overall operation cost and time.
COVID-19 Impact Analysis:
Top Impacting Factors
Rise in repair & maintenance of aircraft, surge in number of older aircrafts retiring, and increase in travelling via aircraft drive the growth of the market.
Faults in refurbished products and tough competition from aftermarket aircraft parts market hinder the market growth.
Reduction in maintenance cost, rise in sale of USM, and rise in private jets market act as an opportunity for market growth.
Market Trends
Rise in Sale of Used Serviceable Material (USM)
Key Benefits of the Report:
Questions Answered in the Air Transport Used Serviceable Material Market Research Report:
Air Transport Used Serviceable Material Market Report Highlights
Aspects | Details |
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By Aircraft Type |
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By Product Type |
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By Distribution Channel |
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By Region |
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Key Market Players | Liebherr Group, Pratt & Whitney, Delta Material Services, GA Telesis LLC, J Walter Aviation Limited, General Electric, AFI KLM & E&M, Lufthansa Technik, Honeywell International Inc., AAR Corporation |
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