• Blog
  • Air Transport USM Market Growth Analysis | 2022-2027

    Air Transport USM Market Growth Analysis | 2022-2027

    Air Transport USM Market Growth Analysis | 2022-2027
    Report code - SR1874 Published On : Mar,2022 No. of Pages: 135
    Air Transport USM Market Size, Share, Trends, Forecast, & Growth Analysis - 2022- See more...

    Market Insights

    The air transport USM market is likely to grow at a promising CAGR of 4.1% during 2022-2027 to reach an estimated value of USD 9.5 Billion in 2027.


    Want to know more about the market scope? Register Here

    Aging aircraft fleet, early aircraft retirements led by the pandemic, and the increasing focus of major airlines on the influx of used serviceable materials in their maintenance plans to drive down operational costs are the factors, leading to a surplus supply of used serviceable material (USM) to the airlines in the aviation MRO market. The low cost of USM is the biggest factor behind the exponential growth in the market. A USM part can bring down the cost by 60% to 80% of an OEM new part. On average a commercial aircraft retires after 25 to 30 years of its service life.

    The sudden outburst of the pandemic has led to a massive decline in the aviation industry across regions with thousands of planes being grounded due to reduced air travel demand. The graver impact of the pandemic was registered across the supply chain including the level of components. Air Transport USM, a sizeable market, could not escape from such trends and witnessed a colossal decline (-41%+ in 2020) amid the pandemic, quite aligned with the decline in aircraft production. During the pandemic, trading of USM parts has been stalled with the cancellation of several transactions related to the purchase of spare parts. However, with the resumption of air travel, as well as the focus of airlines on reducing operational costs, the market is rebounding in the year 2021 with the ramp-up in confidence. Despite suffering a huge decline in 2020, the air transport USM market is set to grow enormously with a rate of 68+% through 2022, driven by a large number of aircraft being retired early due to the pandemic. In the year 2020, more than 2,500 aircraft were retired compared to an average retirement of 1,100 aircraft in recent years.

    Air Transport USM Market Report Highlights

    Market Size in 2027

    USD 9.5 billion

    Market Growth (2022-2027)

    4.1% CAGR

    Base Year of Study


    Trend Period


    Forecast Period


    Segments Analysis

    By Aircraft Type

    Based on the aircraft type, the aircraft USM market is segmented as narrow-body aircraft, wide-body aircraft, turboprop, and regional aircraft. After being impacted by the pandemic, the wide-body aircraft is expected to rebound at the fastest pace in the market during the forecast period, owing to the gradual opening up of long-haul travel coupled with increasing preference for more efficient wide-body aircraft programs, such as A350 and B787, by replacing older A330ceos and B777s with them. In addition, airlines will be laser-focused on decreasing material costs as air travel resumes. With USM becoming a more acceptable lower-cost alternative to new OEM components, substantial demand for USM is projected in the sector, especially in the near future.

    By Product Type

    Based on the product type, the market is segmented as engine, components, and airframe. Engine is expected to remain the dominant as well as the fastest-growing product type in the market during the forecast period, mainly due to increasing demand from engine MROs for wide-body engine parts.

    Regional Insights

    In terms of regions, Asia-Pacific is expected to remain the largest market for air transport USMs during the forecast period, owing to its largest fleet size. Emerging economies in Asia have seen the fastest fleet expansion for several years, which will eventually make the region a market leader. North America is also likely to create sizeable opportunities in the coming five years, driven by the macroeconomic recovery that will affect both, leisure and business travel markets.


    Know the high-growth countries in this report. Register Here

    Critical Questions Answered in the Report

    • What are the key trends in the global market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the global market?
    • What are the key strategies adopted by the major vendors to lead in the market?
    • What is the market share of the top vendors?

    Market Segmentation

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    The air transport USM market is segmented into the following categories.

    By Aircraft Type

    • Narrow-body Aircraft
    • Wide-body Aircraft
    • Turboprop Aircraft
    • Regional Aircraft

    By Product Type

    • Engine
    • Components
    • Airframe

    By Region

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)


    Click Here, to learn the market segmentation details.

    Key Players

    The increase in future developments and recovery in the supply chain has led the industry to drive forward, resulting in improved R&D and other investments, thereby, increasing overall operational performance. The used serviceable material market is fragmented with multiple players providing singular solutions. The following are the key players in the air transport USM market.

    • GA Telesis, LLC
    • AAR Corp.
    • The Boeing Company (formerly Aviall Services, Inc.)
    • Liebherr Aerospace
    • GE Aviation
    • Pratt & Whitney (Division of Raytheon Technologies Corporation)
    • A J Walter Aviation Limited
    • Lufthansa Technik AG
    • Delta Material Services, LLC
    • AerSale, Inc.

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s air transport USM market realities and future market possibilities for the forecast period of 2022 to 2027. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.

    We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Air Transport USM Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirements?

    10% free customization

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The air transport USM market is likely to reach an estimated value of USD 9.5 Billion in 2027.

    The air transport USM market is likely to grow at a promising CAGR of 4.1% during 2022-2027.

    GA Telesis, The Boeing Company, AAR Corp., Liebherr Aerospace, GE Aviation, Pratt & Whitney, Heico Corporation, A J Walter Aviation Limited, Lufthansa Technik AG, Delta Material Services, LLC, LLC, and AerSale, Inc. are the leading players in the market.

    Asia-Pacific is estimated to remain dominant in the market in the foreseen future, due to the increasing number of retired aircraft.

    Asia-Pacific is also estimated to grow at the fastest rate in the coming five years. Significant capital investments paired with the entry of new players to address the huge market potential drive the overall regions market dynamics.

    Engine is likely to maintain its dominance in the market in the next five years due to several innovations and modification programs.


      Why are We Class Apart?

      No One Does Better in Aerospace Market Research Than Us

      Largest Number of Premium Studies in Aerospace Industry

      >60% of the First Buyers Come Back to Us

      >95% Client Satisfaction Ratio, the Industry's Highest

      Clients Across Aerospace Value Chain

      Track the Latest Trends in Aerospace Industry

      Know High Growth Opportunities