Air Transport USM Market - By Product (Engine, Component, Airframe), By Provider (OEM, Aftermarket), By Aircraft (Narrowbody Jet, Widebody Jet, Turboprop, Regional Jet) & Forecast, 2024 - 2032

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, and Satair are some of the major air transport USM companies worldwide.

North America recorded over 38% share of the air transport USM industry in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the presence of a large and aging fleet of airplanes, creating a significant demand for cost-effective maintenance in the region.

Air transport USM industry from the OEM segment held over 60% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to airlines frequently relying on them for used components, given their skill in constructing and servicing certain aircraft models.

Market size for air transport USM was USD 7.9 billion in 2023 and is expected to register over 4.5% CAGR from 2024-2032 owing to the increasing demand for air travel across the globe and the growing number of airlines focusing on cost reduction.