Air Transport USM Market

Air Transport USM Market Size By Aircraft Type (Regional Transport, Narrow-Body, Wide-Body, and Very Large), By Product Type (Airframe, Component, and Engine), and By Distribution Channel (Aftermarket and OEM), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2024 to 2033

Base Year: 2023 Historical Data: 2020-22
  • Report ID: TBI-14228
  • Published Date: Apr, 2024
  • Pages: 237
  • Category: Aerospace & Defence
  • Format: PDF
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The global air transport USM market was valued at USD 8.1 billion in 2023, growing at a CAGR of 4.9% from 2024 to 2033. The market is expected to reach USD 13.0 billion by 2033. The main factors driving market revenue growth are the growing demand for air travel, the expansion of commercial airlines' fleets, and the growing need for reasonably priced aircraft maintenance.

Market Introduction:

Components from retired aircraft currently in service aircraft are known as used serviceable materials (USMs). In addition, although the average retirement age for aeroplanes is 25 to 30 years, they are disassembled at 18 to 20 years old, meaning that their parts still function and require little maintenance. Aircraft makers are consequently more interested as the USM suppliers guarantee that some important aircraft components are accessible at cheaper costs and with improved reliability. Because purchasing used components can save between 60 and 80 per cent of the cost of replacing various sections in an aeroplane, manufacturers, airlines, and maintenance repair and overhaul (MRO) service providers emphasise this practice more. In addition, using serviceable material guarantees the prompt replacement of defective components with refurbished parts instead of requiring the disassembly of engines or aeroplanes, which is a more economical procedure. Moreover, these are changed directly into in-service aircraft, lowering the aircraft's maintenance expenses. Thus, to cut down on overall operating costs and time, MRO providers are using USMs.

Air Transport USM Market Size

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Recent Development

In November 2023, The FAA Part 145 Air Agency Certificate was given to the U.S. SPAH Facility of GA Telesis Engine Services. With this noteworthy accomplishment, the joint venture will contribute significantly to increasing performance reliability and provide the airline industry with rapid jet engine repair.

In October 2023, The SmartParts platform, a safe and open marketplace for secondhand aeroplane parts, was introduced by Airbus and Satair. The portal functions as an online store for purchasing and selling approved secondhand aeroplane parts. In order to facilitate safe and transparent transactions and foster trust and traceability in the USM market, the platform also makes use of blockchain technology.

Market Dynamics:


Rise in sale of used serviceable material (USM)- As fuel costs are already rising, replacing damaged parts with new ones will be extremely expensive. This is because operating an aeroplane becomes more expensive. As a result, the market for used serviceable material (USM) has grown since it provides restored, incredibly dependable parts at a reduced price. Fortress Transportation and Infrastructure Investors and AAR Corporation, for example, have signed an agreement centred around the modular repair and refurbishing of CFM56-7B and CFM56-5B engines in 2020.


Stringent regulations- During the projected period, strict rules about emissions from aircraft engines are anticipated to impede the growth of this market.


Increasing demand for air travel-The growing demand for air travel, rising disposable incomes, and expanding economies are likely to propel the air transport USM market's significant growth over the forecast period. Furthermore, throughout the projected period, the development of new technologies and the rising need for fuel-efficient aircraft are expected to further provide growth opportunities for the market.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the largest global air transport USM market, with a 38.9% market revenue share in 2023.

The aviation industry is anticipated to continue to dominate during the projected period due to the presence of major players like Boeing & Airbus and the growing demand for air travel. The USM air travel sector is supported by the region's sophisticated transportation infrastructure, which includes airports and air traffic control systems.

North America Region Air Transport USM Market Share in 2023 - 38.9%

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Aircraft Type Segment Analysis

The aircraft type segment is divided into regional transport, narrow-body, wide-body, and very large. The narrow-body segment dominated the market, with a market share of around 34% in 2023. Short—to medium-distance flights are commonly conducted in narrow-body, remarkably versatile aircraft. They have lower operating costs than wide-body aircraft, are smaller, and require less maintenance. Narrow-body aircraft and their associated aftermarket parts are, therefore, in greater demand.

Product Type Segment Analysis

The product type segment is divided into airframe, component, and engine. The airframe segment dominated the market, with a market share of around 41% in 2023. An aircraft's airframe is the backbone or chassis upon which all other components are built. Just the fuselage may also be referred to by this name. Its strength and form are derived from a sequence of frames known as longerons, around which the fuselage of an aeroplane is typically constructed. The aircraft's smooth outer surface is formed by covering the frames with skin, often made of aluminium.

Distribution Channel Segment Analysis

The distribution channel segment is divided into aftermarket and OEM. The OEM segment dominated the market, with a market share of around 58% in 2023. OEMs are the main industry in which air transport USM is used. One of the main factors propelling the expansion of air transport USM in this application category is the increasing desire for aeroplanes that consume less fuel. Additionally, there will be a lot of opportunities for USM air transport makers in the upcoming years because of airlines' growing inclination toward new aircraft types.

Some of the Key Market Players:
  • AAR Corporation
  • Honeywell International Inc.
  • General Electric
  • Delta Material Services
  • Lufthansa Technik
  • AFI KLM & E&M
  • GA Telesis, LLC
  • Pratt & Whitney
  • Liebherr Group
  • J Walter Aviation Limited

Report Description:

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2023 USD 8.1 Billion
Market size value in 2033 USD 13.0 Billion
CAGR (2024 to 2033) 4.9%
Historical data 2020-2022
Base Year 2023
Forecast 2024-2033
Region The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
Segments Aircraft Type, Product Type, Distribution Channel

Frequesntly Asked Questions

As per The Brainy Insights, the size of the air transport USM market was valued at USD 8.1 billion in 2023 to USD 13.0 billion by 2033.

The global air transport USM market is growing at a CAGR of 4.9% during the forecast period 2024-2033.

North America emerged as the largest air transport USM market.

Key players in the air transport USM market are AAR Corporation, Honeywell International Inc., General Electric, Delta Material Services, Lufthansa Technik, AFI KLM & E&M, GA Telesis, LLC, Pratt & Whitney, Liebherr Group, and J Walter Aviation Limited.

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This study forecasts global, regional, and country revenue from 2020 to 2033. The Brainy Insights has segmented the global air transport USM market based on the below-mentioned segments:

Global Air Transport USM Market By Aircraft Type:

  • Regional Transport
  • Narrow-Body
  • Wide-Body
  • Very Large 

Global Air Transport USM Market By Product Type:

  • Airframe
  • Component
  • Engine

Global Air Transport USM Market By Distribution Channel:

  • Aftermarket
  • OEM 

Global Air Transport USM Market By Region:                            

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa


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