Aerospace Industry Today
Used Serviceable Material (USM) Market Size Valued at USD 7.477 Billion in 2024, Expected to Reach USD 11.64 Billion by 2035 at a CAGR of 4.1% Forecast 2025–2035
Market Overview
Used Serviceable Material Market (USM) Market Size was estimated at 7.477 USD Billion in 2024. The USM industry is anticipated to increase from 7.784 USD Billion in 2025 to 11.64 USD Billion by 2035, demonstrating a compound yearly growth rate (CAGR) of 4.1 during the forecast period 2025 - 2035.
Used Serviceable Material (USM) refers to pre-owned, refurbished, and certified aircraft components that are fit for reuse. These parts—ranging from engines and avionics to interior systems—offer significant cost savings for airlines, leasing companies, and maintenance, repair, and overhaul (MRO) providers. By opting for USM, operators can extend the life of their fleets, reduce downtime, and lower operational expenses, all while adhering to stringent safety standards.
Key Drivers Fueling USM Growth
Several factors are propelling the USM market forward. The most prominent is the rising cost of new original equipment manufacturer (OEM) parts, which has prompted airlines to look for economical alternatives. Additionally, the global expansion of aircraft fleets—especially in regions like Asia-Pacific—has increased the need for reliable and affordable maintenance solutions.
Sustainability is another major driver. As the aviation industry shifts toward more environmentally responsible practices, USM adoption is gaining momentum. Reusing and recycling aircraft components helps reduce waste and supports the circular economy, aligning with global environmental regulations and industry commitments.
Free Sample Copy - Access a complimentary copy of our report to explore its content and insights
Major Players
Boeing (US), Lockheed Martin (US), Northrop Grumman (US), Raytheon Technologies (US), General Dynamics (US), Airbus (FR), Thales Group (FR), Leonardo (IT), BAE Systems (GB)
Market Segmentation and Regional Insights
The USM market is segmented by product type, provider type, and aircraft type. Engine components represent a significant portion of USM transactions, followed by avionics and interior systems. Both OEMs and non-OEM suppliers—including independent MRO providers and third-party resellers—play crucial roles in the ecosystem, offering a wide range of certified parts to meet diverse needs.
Regionally, North America leads the USM market, thanks to its mature aviation industry and high demand for cost-effective maintenance solutions. Europe follows closely, driven by strict regulatory standards and a focus on sustainability. Meanwhile, the Asia-Pacific region is emerging as a major growth hub, with rapid fleet expansion and rising air travel fueling demand for USM.
Proceed to Buy - Move forward with your purchase and gain instant access to the complete report.
Challenges and Opportunities
Despite its growth, the USM market faces challenges such as quality assurance and regulatory compliance. Ensuring that every part meets aviation safety standards is paramount, and advancements in digital tracking and blockchain-based verification are helping address these concerns. Additionally, partnerships between OEMs and independent USM suppliers are enhancing part quality and availability, further boosting market confidence.
For industry stakeholders, the opportunities are vast. As more airlines and MRO providers embrace USM, the market is poised for continued expansion. Staying ahead of evolving trends, regulatory changes, and technological innovations will be key to capitalizing on these opportunities
Table of Contents
SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
SECTION III: QUALITATIVE ANALYSIS
SECTION IV: QUANTITATIVE ANALYSIS
SECTION V: COMPETITIVE ANALYSIS ........
Discover more research Reports on Aerospace & Defense by Market Research Future
Satellite Communication (SATCOM) Market
Semiconductor in Military and Aerospace Market
Space Situational Awareness (SSA) Market
Unmanned Ground Vehicles (UGVs) Market
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact Us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐍𝐮𝐦𝐛𝐞𝐫:
+1 (855) 661-4441 (US)
+44 1720 412 167 (UK)
+91 2269738890 (APAC)
𝐄𝐦𝐚𝐢𝐥: info@marketresearchfuture.com
Share on Social Media
Other Industry News
Ready to start publishing
Sign Up today!
