Global Air Transport USM Market was valued US$ XX Bn in 2018 and is expected to reach US$ 7.6 Bn by 2026, at an XX% CAGR of around during a forecast period.
The report analyzes factors affecting air transport USM (Used Serviceable Material) market from both demand and supply side and further evaluates market dynamics effecting the market throughout the forecast period i.e., drivers, restraints, future trend, and opportunities. The airspace is experiencing a huge global demand for air travel based on commercial-aircraft. This is prominent the defense & airlines forces to keep their fleets ready with the newest technology and ensure robust components incorporated. Refurbishment of existing commercial aircraft is a key trend usual in the aviation industry at present. The trend is likely to surge during the period prominent to a major opportunity for the aircraft component suppliers and the Maintenance, Repair, and Overhaul (MRO) companies.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
The refurbishment of aircraft covers engine, landing gears, radars and antennas among others. The USM providers ensure the obtainability of some of the major aircraft components at lesser costs and higher reliability, which is growing the interest among the aircraft companies.
The MMR report will provide an accurate prediction of the contribution of the various products segments to the growth of the air transport USM market size globally. Based on application, the OEM segment is dominating the air transport USM market and valued around US$ XX Bn in 2018. High spending in transport of these materials and increasing importance on accurate maintenance and authorized servicing of air transport USM will fuel the contribution of OEMs in the global market revenues. By 2016, ~ 55% of air transport USMs will be provided by OEMs in the global air transport USM market.
Region-wise, North America to dominate the air transport USM market, with market size of US$ XX Mn in 2018 and will be US$ XX Mn in 2026, with a CAGR of XX%. The presence of robust commercial aircraft industrial industry in the Canada and U.S; and the presence of MRO service suppliers and aircraft engine manufacturers in Mexico is driving the growth of the air transport USM market. The air transport USM market in the Asia-Pacific region is expected to grow at the fastest XX% CAGR during the forecast period.
The report also focuses on global major leading industry players of Air Transport USM Market providing information like company profiles, product picture and specification, production, capacity, cost, revenue and contact information. In 2019, A J Walter Aviation Limited expand in China with a new joint venture. Moreover, in 2019 Boeing is one of the aircraft manufacturing peers, has expanded its service portfolio by introducing the used serviceable material business segment. The USM capability would benefit Boeing by offering a range of part and component choice to the customer.
The objective of the report is to present comprehensive analysis of Global Air Transport USM Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Air Transport USM Market dynamics, structure by analyzing the market segments, and project the Global Air Transport USM Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Air Transport USM Market make the report investor’s guide.
Scope of the Global Air Transport USM Market
Global Air Transport USM Market, by Product Type
• Engine
• Components
• Airframe
• Other
Global Air Transport USM Market, by Application
• OEMs
• Aftermarket
Global Air Transport USM Market, by Aircraft Type
• Narrowbody Jet
• Widebody Jet
• Turboprop
• Regional Jet
Global Air Transport USM Market, by Region
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Key players operating in Global Air Transport USM Market
• A J Walter Aviation Limited
• AAR Corp
• AFI KLM & E&M
• Delta Material Services
• GA Telesis, LLC
• General Electric
• Honeywell International Inc.
• Liebherr Group
• Pratt & Whitney
• AirLiance Materials, LLC
• TES Aviation Group
• General Electric
• Lufthansa Technik (LHT)
• MTU AERO ENGINES AG
• Boeing
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