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Aircraft Landing Gear - Global Market Trajectory & Analytics

  • ID: 4805155
  • Report
  • April 2021
  • Region: Global
  • 473 pages
  • Global Industry Analysts, Inc
Global Aircraft Landing Gear Market to Reach $15.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Aircraft Landing Gear estimated at US$10.7 Billion in the year 2020, is projected to reach a revised size of US$15.1 Billion by 2027, growing at a CAGR of 5.1% over the period 2020-2027. Main, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$10.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Nose segment is readjusted to a revised 4.7% CAGR for the next 7-year period.



The U.S. Market is Estimated at $2.9 Billion, While China is Forecast to Grow at 7.8% CAGR

The Aircraft Landing Gear market in the U.S. is estimated at US$2.9 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2027 trailing a CAGR of 7.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

Select Competitors (Total 44 Featured):
  • AAR Corporation
  • Circor International, Inc.
  • GKN Aerospace
  • Heroux-Devtek, Inc.
  • Liebherr-International AG
  • Magellan Aerospace Corporation
  • Safran
  • Spp Canada Aircraft, Inc.
  • Triumph Group, Inc.
  • United Technologies Corporation (UTC)
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Aircraft Landing Gear: An Introductory Prelude
  • Progressive Growth on the Cards for Aircraft Landing Gear Market
  • Prevailing Scenario in the World Aerospace Industry Points Towards Strong Demand Growth
  • Ongoing Expansion in Commercial Airline Fleet Size Enhances Market Prospects
  • Growing Passenger & Cargo Traffic Instigates the Need for New Aircraft
  • Progressive Momentum in Business Jet Segment Amplifies Opportunities
  • Rising Demand for Military Aircraft Amid Mounting Geopolitical Risks and Increasing Global Military Spending Bodes Well
  • Surging Orders for Sophisticated UAVs
  • Impact of Covid-19 and a Looming Global Recession
  • Structural Material Selection for Landing Gear Fabrication Remains Largely Constant by Dint of Stringent Performance Requirements
  • However, Ongoing Regulatory Emphasis on Reducing CO2 Emissions through Aircraft Lightweighting Seeks Modifications
  • A Note on ICAO-CORSIA Standard
  • A Glimpse at Emerging Materials Capable of Reducing Aircraft Weight
  • 3D Printing Likely to Ease Stringent Material Requirement Criteria in Design & Manufacture of Landing Gear
  • US DoD Places Special Focus on 3D Printed Landing Gear Components
  • Select Recently Unveiled 3D Printed Landing Gear Components
  • Safran and Burloak Develop 3D Printed Brake Sleeve for Aircraft Landing System
  • New 3D Printed Landing Gear Part for the F-35 Stealth Fighter from U.S. Marines
  • Landing Gear MRO to Post Substantial Growth in the Coming Years
  • Landing Gear Inspection & Maintenance Gain Traction Amid Rising Emphasis on Reliable Aircraft Operations
  • Healthy Trajectory in MRO Services Domain Boosts Market Prospects
  • RetracTable Landing Gear: Hiding the Gear Away for Better Aerodynamics
  • Shock Strut Landing Gear: The Most Common Type
  • NASA Seeks to Develop Novel Fairing Designs to Reduce Landing Gear Noise
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 44
Note: Product cover images may vary from those shown
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