ArchitectureA high rise building may have a service life of 50 years or more. Estimates of service life are relevant to financing arrangements and insurance.
AircraftThe service life of commercial aircraft commonly exceeds 20 years. Estimates of service life are important to financing and investment decisions for airlines. As aircraft age, they typically require more extensive maintenance to guarantee safety.
ProductsManufacturers of products may provide conservative estimates of service life of several years. This may be done in an attempt to encourage customers to buy again and to limit product liability.
InfrastructureInfrastructure such as solar panels may offer a long warranty in order to increase bankability and allow financing arrangements to span decades.
|Overview: Service Life|
The lifespan of a product from manufacture to end-of-life processing such as reuse and recycling.