Used Serviceable Material Market Scenario 2035

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15 Companies Covered

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Growing Emphasis on Sustainability and Cost Efficiency to Drive the Global Used Serviceable Material (USM) Market at a CAGR of 4.10% during the Forecast Period 2025 to 2035

Market Research Future (MRFR) has published a cooked research report on the “Global Used Serviceable Material (USM) Market” that contains information from 2025 to 2035. The Used Serviceable Material (USM) market is estimated to register a CAGR of 4.10% during the forecast period of 2025 to 2035.

MRFR recognizes the following companies as the key players in the Global Used Serviceable Material (USM) Market — Bocado, Petersen Auctions, Julien’s Auctions, Rago Arts, Wright, Lighthouse, Christie’s, Freeman’s, Morris & Whiteside Auctions, McGuire, Bonhams, Catawiki, Skinner, Heritage Auctions, and Sotheby’s.

Used Serviceable Material (USM) Market Highlights

The Global Used Serviceable Material (USM) Market is accounted for to register a CAGR of 4.10% during the forecast period and is estimated to reach USD 11.64 Billion by 2035.

The market is growing mostly because more people are using sustainable practices, environmental regulations are getting stricter, and technology is making it easier to recover materials. The demand for USM keeps going up as businesses try to cut down on waste and costs while still making high-quality products. Companies in fields like aerospace, automotive, construction, and manufacturing are starting to see the benefits of reusing usable materials. They save money and help the environment at the same time.

New sorting and grading systems, AI-powered material recovery, and robotic disassembly technologies are making it easier for businesses to find and reuse valuable materials quickly and easily. For instance, more and more companies are using automated inspection systems to check the quality of used materials, which makes the supply chain more reliable.

Another important factor in market growth is support from regulators. Government programs that promote recycling and circular economy principles, like the EU Waste Framework Directive and policies in North America that focus on sustainability, are pushing industries to use USM solutions. Also, campaigns to raise awareness and educational programs that focus on the environmental benefits of USM are making it more acceptable to consumers and businesses around the world.

Segment Analysis

The Global Used Serviceable Material (USM) Market has been segmented based on Product, Provider Type, Aircraft Type, and Region.

The Product segment is further categorized into Engine, Components, and Airframe. Among these, the Engine segment is projected to hold the largest market share during the forecast period. In 2024, the engine segment was valued at USD 3.18 billion and is expected to reach USD 4.88 billion by 2035. The strong demand for used engine components in aviation and heavy industries is driven by their high cost-efficiency and extended operational life.

The Aircraft Type segment includes Narrow Body, Wide Body, and Turboprop categories. The Narrow Body segment leads the market due to the growing frequency of short-haul and regional flights, creating consistent demand for used components. The Wide Body segment also holds a significant share, supported by international travel operations and global fleet expansion.

Region Analysis

By Region, the Used Serviceable Material (USM) market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

The North America Used Serviceable Material (USM) Market holds the largest market share and is expected to maintain dominance throughout the forecast period. In 2024, it was valued at USD 2.5 Billion and is projected to reach USD 4.0 Billion by 2035. This growth is attributed to the strong presence of aerospace and automotive industries, stringent environmental regulations, and the early adoption of circular economy initiatives. The U.S. continues to lead the region due to its mature recycling infrastructure and industry-driven sustainability goals.

Key Findings of the Study

The Global Used Serviceable Material (USM) Market is expected to reach USD 11.64 Billion by 2035, at a CAGR of 4.10% during the forecast period.

North America accounted for the largest market share in 2024 and is projected to maintain its dominance through 2035.

Asia Pacific is anticipated to be the fastest-growing market during the forecast period.

Based on Product, the Engine segment held the largest share in 2024.

Based on Provider Type, the OEM segment accounted for the largest share in 2024.

*Bocado, Petersen Auctions, Julien’s Auctions, Rago Arts, Wright, Lighthouse, Christie’s, Freeman’s, Morris & Whiteside Auctions, McGuire, Bonhams, Catawiki, Skinner, Heritage Auctions, and Sotheby’s are identified as the key market players.