The rising demand for surplus parts that is re-shaping airline aftermarket strategies presents component manufacturers with clear opportunities to follow their engine-producing colleagues by grabbing larger slices of the growing used-parts pie. The used serviceable material (USM) market was $3.5 billion in 2013, according to consultancy ICF SH&E, including about $2.2 billion in engine parts and $1.3 billion in components. By 2023, the USM market is expected to hit $6.2 billion, including ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Used Parts Push Means Opportunities For Component OEMs".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.