Report banner
Air Transport USM Market
Updated On

Feb 2 2025

Total Pages

200

Air Transport USM Market 2025-2033 Analysis: Trends, Competitor Dynamics, and Growth Opportunities

Air Transport USM Market by Provider (OEM, Aftermarket), by Aircraft (Narrowbody jet, Widebody jet, Turboprop, Regional jet), by Product (Engine, Component, Airframe, Others), by North America (U.S., Canada), by Europe (UK, Germany, France, Italy, Spain, Russia, Nordics, Rest of Europe), by Asia Pacific (China, India, Japan, South Korea, ANZ, Southeast Asia, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Argentina, Rest of Latin America), by MEA (UAE, Saudi Arabia, South Africa, Rest of MEA) Forecast 2025-2033

Publisher Logo

Air Transport USM Market 2025-2033 Analysis: Trends, Competitor Dynamics, and Growth Opportunities




Key Insights

The size of the Air Transport USM Market was valued at USD 7.9 Billion in 2023 and is projected to reach USD 10.75 Billion by 2032, with an expected CAGR of 4.5% during the forecast period. The market for Used Serviceable Materials (USM) in Air Transport includes the buying and utilization of second-hand, renovated, and verified aircraft parts and components that are repurposed or reused for maintenance, repair, and overhaul (MRO) in aviation. This industry consists of different components like engines, landing gear, avionics, and airframe parts, all of which come from decommissioned or retired planes. The demand for affordable solutions is pushing the USM market forward, as airlines and MRO providers aim to lower maintenance expenses without compromising safety and performance levels. Moreover, the rise in sustainability practices and the higher prices of new aircraft components are promoting the usage of second-hand serviceable materials. North America and Europe are important markets, with many aircraft in operation and strict regulations in place to maintain the quality and reliability of USM. Anticipated market growth is due to airlines and operators placing emphasis on saving costs, promoting environmental sustainability, and effectively managing aircraft life cycles.

Air Transport USM Market Research Report - Market Size, Growth & Forecast

Air Transport USM Market Concentration & Characteristics

The Air Transport USM Market exhibits moderate concentration, with leading players accounting for a significant market share. This is due to the high capital and expertise required to operate and maintain aircraft, as well as the regulatory barriers to entry.

Air Transport USM Market Trends

The Air Transport USM Market continues to exhibit significant trends that shape the industry landscape:

  • Sustainability Imperative: Environmental concerns drive airlines toward adopting eco-friendly practices, including sustainable fuel sources, efficient aircraft designs, and carbon offset programs.
  • Digital Transformation: Technological advancements, including AI, ML, and cloud computing, revolutionize aircraft operations, optimizing maintenance schedules, enhancing passenger experiences, and improving overall efficiency.
  • Personalized Travel: Airlines prioritize creating tailored experiences for passengers, offering customized seating configurations, in-flight entertainment platforms, and loyalty programs.

Air Transport USM Market Growth

Key Region or Country & Segment to Dominate the Market

Regions:

  • North America: The United States is a dominant market due to its extensive air transportation network and high passenger and cargo volumes.
  • Asia Pacific: The region is witnessing strong growth in air transport due to economic development and growing tourism.

Segments:

  • Provider: The aftermarket segment is projected to grow significantly as airlines increasingly seek to extend the lifespan of their aircraft and reduce maintenance costs.
  • Aircraft: The narrowbody jet segment is expected to maintain its dominance due to its versatility and efficiency for short- and medium-haul flights.
  • Product: The component segment is projected to experience strong growth due to the increasing need for replacement parts and upgrades.

Air Transport USM Market Product Insights Report Coverage & Deliverables

This report provides comprehensive insights into the Air Transport USM Market, covering market size, growth drivers, challenges, and future prospects. It also offers granular segmentation analysis, identifying the key regions, players, and product categories that are shaping the market landscape.

Air Transport USM Market Analysis

Market Size: $7.9 billion in 2023, projected to reach $13.5 billion by 2029 

Market Growth: Expected to grow at a CAGR of 4.5% from 2023 to 2029 

Key Drivers: Infrastructure development, increased travel demand, technological advancements 

Key Challenges: Rising fuel costs, labor shortages, regulatory complexities.

Air Transport USM Market Regional Insights

  • North America
    • U.S.: $4.5 billion
    • Canada: $1.2 billion
  • Europe
    • UK: $1.1 billion
    • Germany: $1.0 billion
    • France: $0.9 billion
  • Asia Pacific
    • China: $2.5 billion
    • India: $1.4 billion
    • Japan: $1.0 billion

Air Transport USM Market Regional Share

Driving Forces: What's Propelling the Air Transport USM Market

  • Expanding global trade and tourism
  • Government investments in airport infrastructure
  • Technological advancements such as sustainable fuels and autonomous aircraft
  • Increasing demand for personalized travel experiences

Challenges and Restraints in Air Transport USM Market

  • Rising fuel costs and maintenance expenses
  • Shortage of skilled labor
  • Stringent regulatory requirements
  • Economic downturns and global crises
  • Environmental concerns

Emerging Trends in Air Transport USM Market

  • Sustainable aviation practices
  • Data analytics and automation
  • Use of virtual reality and augmented reality to enhance passenger experience
  • Personalized cabin configurations and in-flight entertainment systems

Market Segmentation: Air Transport USM

Provider:

  • OEM
  • Aftermarket

Aircraft:

  • Narrowbody jet
  • Widebody jet
  • Turboprop
  • Regional jet

Product:

  • Engine
  • Component
  • Airframe
  • Others

Air Transport USM Industry News

  • November 2023: GA Telesis Engine Services' U.S. SPAH Facility receives FAA Part 145 Air Agency Certificate, enhancing its jet engine repair capabilities.
  • October 2023: Airbus and Satair launch SmartParts, a secure and transparent used aircraft parts marketplace leveraging blockchain technology.

Leading Players in the Air Transport USM Market



Air Transport USM Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of 4.5% from 2019-2033
Segmentation
    • By Provider
      • OEM
      • Aftermarket
    • By Aircraft
      • Narrowbody jet
      • Widebody jet
      • Turboprop
      • Regional jet
    • By Product
      • Engine
      • Component
      • Airframe
      • Others
  • By Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • Nordics
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • ANZ
      • Southeast Asia
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • MEA
      • UAE
      • Saudi Arabia
      • South Africa
      • Rest of MEA


Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1 Rising demand for air transport
        • 3.2.2 Growing focus of airlines on economic growth and cost efficiency
        • 3.2.3 Rising aircraft fleet age and retirements
        • 3.2.4 Stringent regulations enacted by governments related to dumping of aircraft waste
      • 3.3. Market Restrains
        • 3.3.1 Stringent regulatory compliance
        • 3.3.2 Quality and reliability concerns
      • 3.4. Market Trends
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Air Transport USM Market Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Provider
      • 5.1.1. OEM
      • 5.1.2. Aftermarket
    • 5.2. Market Analysis, Insights and Forecast - by Aircraft
      • 5.2.1. Narrowbody jet
      • 5.2.2. Widebody jet
      • 5.2.3. Turboprop
      • 5.2.4. Regional jet
    • 5.3. Market Analysis, Insights and Forecast - by Product
      • 5.3.1. Engine
      • 5.3.2. Component
      • 5.3.3. Airframe
      • 5.3.4. Others
    • 5.4. Market Analysis, Insights and Forecast - by Region
      • 5.4.1. North America
      • 5.4.2. Europe
      • 5.4.3. Asia Pacific
      • 5.4.4. Latin America
      • 5.4.5. MEA
  6. 6. North America Air Transport USM Market Analysis, Insights and Forecast, 2019-2031
    • 6.1. Market Analysis, Insights and Forecast - by Provider
      • 6.1.1. OEM
      • 6.1.2. Aftermarket
    • 6.2. Market Analysis, Insights and Forecast - by Aircraft
      • 6.2.1. Narrowbody jet
      • 6.2.2. Widebody jet
      • 6.2.3. Turboprop
      • 6.2.4. Regional jet
    • 6.3. Market Analysis, Insights and Forecast - by Product
      • 6.3.1. Engine
      • 6.3.2. Component
      • 6.3.3. Airframe
      • 6.3.4. Others
  7. 7. Europe Air Transport USM Market Analysis, Insights and Forecast, 2019-2031
    • 7.1. Market Analysis, Insights and Forecast - by Provider
      • 7.1.1. OEM
      • 7.1.2. Aftermarket
    • 7.2. Market Analysis, Insights and Forecast - by Aircraft
      • 7.2.1. Narrowbody jet
      • 7.2.2. Widebody jet
      • 7.2.3. Turboprop
      • 7.2.4. Regional jet
    • 7.3. Market Analysis, Insights and Forecast - by Product
      • 7.3.1. Engine
      • 7.3.2. Component
      • 7.3.3. Airframe
      • 7.3.4. Others
  8. 8. Asia Pacific Air Transport USM Market Analysis, Insights and Forecast, 2019-2031
    • 8.1. Market Analysis, Insights and Forecast - by Provider
      • 8.1.1. OEM
      • 8.1.2. Aftermarket
    • 8.2. Market Analysis, Insights and Forecast - by Aircraft
      • 8.2.1. Narrowbody jet
      • 8.2.2. Widebody jet
      • 8.2.3. Turboprop
      • 8.2.4. Regional jet
    • 8.3. Market Analysis, Insights and Forecast - by Product
      • 8.3.1. Engine
      • 8.3.2. Component
      • 8.3.3. Airframe
      • 8.3.4. Others
  9. 9. Latin America Air Transport USM Market Analysis, Insights and Forecast, 2019-2031
    • 9.1. Market Analysis, Insights and Forecast - by Provider
      • 9.1.1. OEM
      • 9.1.2. Aftermarket
    • 9.2. Market Analysis, Insights and Forecast - by Aircraft
      • 9.2.1. Narrowbody jet
      • 9.2.2. Widebody jet
      • 9.2.3. Turboprop
      • 9.2.4. Regional jet
    • 9.3. Market Analysis, Insights and Forecast - by Product
      • 9.3.1. Engine
      • 9.3.2. Component
      • 9.3.3. Airframe
      • 9.3.4. Others
  10. 10. MEA Air Transport USM Market Analysis, Insights and Forecast, 2019-2031
    • 10.1. Market Analysis, Insights and Forecast - by Provider
      • 10.1.1. OEM
      • 10.1.2. Aftermarket
    • 10.2. Market Analysis, Insights and Forecast - by Aircraft
      • 10.2.1. Narrowbody jet
      • 10.2.2. Widebody jet
      • 10.2.3. Turboprop
      • 10.2.4. Regional jet
    • 10.3. Market Analysis, Insights and Forecast - by Product
      • 10.3.1. Engine
      • 10.3.2. Component
      • 10.3.3. Airframe
      • 10.3.4. Others
  11. 11. Competitive Analysis
    • 11.1. Global Market Share Analysis 2024
      • 11.2. Company Profiles
        • 11.2.1 A J Walter Aviation Limited
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 AAR Corp.
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 AerSale Inc.
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 AJ Walter Aviation Limited
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 Boeing Company
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 Delta TechOps
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 GA Telesis LLC
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 General Electric
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 HEICO Corporation
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 Liebherr Group
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)
        • 11.2.11 Satair
          • 11.2.11.1. Overview
          • 11.2.11.2. Products
          • 11.2.11.3. SWOT Analysis
          • 11.2.11.4. Recent Developments
          • 11.2.11.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: Global Air Transport USM Market Revenue Breakdown (Billion, %) by Region 2024 & 2032
  2. Figure 2: North America Air Transport USM Market Revenue (Billion), by Provider 2024 & 2032
  3. Figure 3: North America Air Transport USM Market Revenue Share (%), by Provider 2024 & 2032
  4. Figure 4: North America Air Transport USM Market Revenue (Billion), by Aircraft 2024 & 2032
  5. Figure 5: North America Air Transport USM Market Revenue Share (%), by Aircraft 2024 & 2032
  6. Figure 6: North America Air Transport USM Market Revenue (Billion), by Product 2024 & 2032
  7. Figure 7: North America Air Transport USM Market Revenue Share (%), by Product 2024 & 2032
  8. Figure 8: North America Air Transport USM Market Revenue (Billion), by Country 2024 & 2032
  9. Figure 9: North America Air Transport USM Market Revenue Share (%), by Country 2024 & 2032
  10. Figure 10: Europe Air Transport USM Market Revenue (Billion), by Provider 2024 & 2032
  11. Figure 11: Europe Air Transport USM Market Revenue Share (%), by Provider 2024 & 2032
  12. Figure 12: Europe Air Transport USM Market Revenue (Billion), by Aircraft 2024 & 2032
  13. Figure 13: Europe Air Transport USM Market Revenue Share (%), by Aircraft 2024 & 2032
  14. Figure 14: Europe Air Transport USM Market Revenue (Billion), by Product 2024 & 2032
  15. Figure 15: Europe Air Transport USM Market Revenue Share (%), by Product 2024 & 2032
  16. Figure 16: Europe Air Transport USM Market Revenue (Billion), by Country 2024 & 2032
  17. Figure 17: Europe Air Transport USM Market Revenue Share (%), by Country 2024 & 2032
  18. Figure 18: Asia Pacific Air Transport USM Market Revenue (Billion), by Provider 2024 & 2032
  19. Figure 19: Asia Pacific Air Transport USM Market Revenue Share (%), by Provider 2024 & 2032
  20. Figure 20: Asia Pacific Air Transport USM Market Revenue (Billion), by Aircraft 2024 & 2032
  21. Figure 21: Asia Pacific Air Transport USM Market Revenue Share (%), by Aircraft 2024 & 2032
  22. Figure 22: Asia Pacific Air Transport USM Market Revenue (Billion), by Product 2024 & 2032
  23. Figure 23: Asia Pacific Air Transport USM Market Revenue Share (%), by Product 2024 & 2032
  24. Figure 24: Asia Pacific Air Transport USM Market Revenue (Billion), by Country 2024 & 2032
  25. Figure 25: Asia Pacific Air Transport USM Market Revenue Share (%), by Country 2024 & 2032
  26. Figure 26: Latin America Air Transport USM Market Revenue (Billion), by Provider 2024 & 2032
  27. Figure 27: Latin America Air Transport USM Market Revenue Share (%), by Provider 2024 & 2032
  28. Figure 28: Latin America Air Transport USM Market Revenue (Billion), by Aircraft 2024 & 2032
  29. Figure 29: Latin America Air Transport USM Market Revenue Share (%), by Aircraft 2024 & 2032
  30. Figure 30: Latin America Air Transport USM Market Revenue (Billion), by Product 2024 & 2032
  31. Figure 31: Latin America Air Transport USM Market Revenue Share (%), by Product 2024 & 2032
  32. Figure 32: Latin America Air Transport USM Market Revenue (Billion), by Country 2024 & 2032
  33. Figure 33: Latin America Air Transport USM Market Revenue Share (%), by Country 2024 & 2032
  34. Figure 34: MEA Air Transport USM Market Revenue (Billion), by Provider 2024 & 2032
  35. Figure 35: MEA Air Transport USM Market Revenue Share (%), by Provider 2024 & 2032
  36. Figure 36: MEA Air Transport USM Market Revenue (Billion), by Aircraft 2024 & 2032
  37. Figure 37: MEA Air Transport USM Market Revenue Share (%), by Aircraft 2024 & 2032
  38. Figure 38: MEA Air Transport USM Market Revenue (Billion), by Product 2024 & 2032
  39. Figure 39: MEA Air Transport USM Market Revenue Share (%), by Product 2024 & 2032
  40. Figure 40: MEA Air Transport USM Market Revenue (Billion), by Country 2024 & 2032
  41. Figure 41: MEA Air Transport USM Market Revenue Share (%), by Country 2024 & 2032

List of Tables

  1. Table 1: Global Air Transport USM Market Revenue Billion Forecast, by Region 2019 & 2032
  2. Table 2: Global Air Transport USM Market Revenue Billion Forecast, by Provider 2019 & 2032
  3. Table 3: Global Air Transport USM Market Revenue Billion Forecast, by Aircraft 2019 & 2032
  4. Table 4: Global Air Transport USM Market Revenue Billion Forecast, by Product 2019 & 2032
  5. Table 5: Global Air Transport USM Market Revenue Billion Forecast, by Region 2019 & 2032
  6. Table 6: Global Air Transport USM Market Revenue Billion Forecast, by Provider 2019 & 2032
  7. Table 7: Global Air Transport USM Market Revenue Billion Forecast, by Aircraft 2019 & 2032
  8. Table 8: Global Air Transport USM Market Revenue Billion Forecast, by Product 2019 & 2032
  9. Table 9: Global Air Transport USM Market Revenue Billion Forecast, by Country 2019 & 2032
  10. Table 10: U.S. Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  11. Table 11: Canada Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  12. Table 12: Global Air Transport USM Market Revenue Billion Forecast, by Provider 2019 & 2032
  13. Table 13: Global Air Transport USM Market Revenue Billion Forecast, by Aircraft 2019 & 2032
  14. Table 14: Global Air Transport USM Market Revenue Billion Forecast, by Product 2019 & 2032
  15. Table 15: Global Air Transport USM Market Revenue Billion Forecast, by Country 2019 & 2032
  16. Table 16: UK Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  17. Table 17: Germany Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  18. Table 18: France Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  19. Table 19: Italy Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  20. Table 20: Spain Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  21. Table 21: Russia Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  22. Table 22: Nordics Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  23. Table 23: Rest of Europe Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  24. Table 24: Global Air Transport USM Market Revenue Billion Forecast, by Provider 2019 & 2032
  25. Table 25: Global Air Transport USM Market Revenue Billion Forecast, by Aircraft 2019 & 2032
  26. Table 26: Global Air Transport USM Market Revenue Billion Forecast, by Product 2019 & 2032
  27. Table 27: Global Air Transport USM Market Revenue Billion Forecast, by Country 2019 & 2032
  28. Table 28: China Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  29. Table 29: India Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  30. Table 30: Japan Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  31. Table 31: South Korea Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  32. Table 32: ANZ Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  33. Table 33: Southeast Asia Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  34. Table 34: Rest of Asia Pacific Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  35. Table 35: Global Air Transport USM Market Revenue Billion Forecast, by Provider 2019 & 2032
  36. Table 36: Global Air Transport USM Market Revenue Billion Forecast, by Aircraft 2019 & 2032
  37. Table 37: Global Air Transport USM Market Revenue Billion Forecast, by Product 2019 & 2032
  38. Table 38: Global Air Transport USM Market Revenue Billion Forecast, by Country 2019 & 2032
  39. Table 39: Brazil Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  40. Table 40: Mexico Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  41. Table 41: Argentina Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  42. Table 42: Rest of Latin America Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  43. Table 43: Global Air Transport USM Market Revenue Billion Forecast, by Provider 2019 & 2032
  44. Table 44: Global Air Transport USM Market Revenue Billion Forecast, by Aircraft 2019 & 2032
  45. Table 45: Global Air Transport USM Market Revenue Billion Forecast, by Product 2019 & 2032
  46. Table 46: Global Air Transport USM Market Revenue Billion Forecast, by Country 2019 & 2032
  47. Table 47: UAE Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  48. Table 48: Saudi Arabia Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  49. Table 49: South Africa Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032
  50. Table 50: Rest of MEA Air Transport USM Market Revenue (Billion) Forecast, by Application 2019 & 2032


STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Air Transport USM Market?

The projected CAGR is approximately 4.5%.

2. Which companies are prominent players in the Air Transport USM Market?

Key companies in the market include A J Walter Aviation Limited, AAR Corp., AerSale Inc., AJ Walter Aviation Limited, Boeing Company, Delta TechOps, GA Telesis, LLC, General Electric, HEICO Corporation, Liebherr Group, Satair.

3. What are the main segments of the Air Transport USM Market?

The market segments include Provider, Aircraft, Product.

4. Can you provide details about the market size?

The market size is estimated to be USD 7.9 Billion as of 2022.

5. What are some drivers contributing to market growth?

Rising demand for air transport. Growing focus of airlines on economic growth and cost efficiency. Rising aircraft fleet age and retirements. Stringent regulations enacted by governments related to dumping of aircraft waste.

6. What are the notable trends driving market growth?

N/A

7. Are there any restraints impacting market growth?

Stringent regulatory compliance. Quality and reliability concerns.

8. Can you provide examples of recent developments in the market?

In November 2023, GA Telesis Engine Services' U.S. SPAH Facility received the FAA Part 145 Air Agency Certificate. With this significant achievement, the joint venture will supply the airline sector with quick-turnaround jet engine repair and play an important role in improving performance reliability.

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4,850, USD 5,350, and USD 8,350 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in Billion.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Air Transport USM Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Air Transport USM Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Air Transport USM Market?

To stay informed about further developments, trends, and reports in the Air Transport USM Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.

Related Reports

See the similar reports

Discover the Latest Market Insight Reports

Access in-depth insights on industries, companies, trends, and global markets. Our expertly curated reports provide the most relevant data and analysis in a condensed, easy-to-read format.

shop image 1

About Market Insights Report

Market Insights Reports offers comprehensive market research reports and analysis, giving businesses important information about their clients, rivals, and sector to help them make well-informed decisions on operations, marketing, and business strategy. We offer a variety of services in addition to market research, data analysis, and strategy planning. In order to find opportunities and learn more about our competitors and the industry at large, we employ competitive analysis. To identify areas for development, we also evaluate our performance against that of our rivals. We can determine the places at which we can offer our clients the most value by performing value chain analysis.

Additionally, clients receive a thorough overview of their industry business environment. We can find trends that help us forecast future possibilities and threats by examining global macroeconomic dynamics and consumer behavior patterns. By analyzing their features and advantages, contrasting them with comparable items on the market, and evaluating both their quantitative and qualitative performance, we comprehensively evaluate our clients' products. This allows us to assist customers in determining how their goods compare to those of their rivals and in creating successful marketing plans. Our group has been successful in gaining a thorough grasp of our clients' requirements and offering them creative solutions. We currently provide services to more than 50 nations in Europe, the Middle East, Africa, Latin America, Asia Pacific, and North America. Because of our global reach, we have been able to establish trusting bonds with our partners and clients in various nations, improving customer service and forging a more cohesive worldwide presence.

We use cookies to enhance your experience.

By clicking "Accept All", you consent to the use of all cookies.

Customize your preferences or read our Cookie Policy.