Up in the Air: The Evolution of USM in the Aviation Industry

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.

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.