Aircraft Landing Gears Market by Type (Fixed Landing Gear, Pontoons, Ski Planes), Aircraft Type (Fixed Wing, Rotary Wing), End-Use - Global Forecast 2024-2030

Aircraft Landing Gears Market by Type (Fixed Landing Gear, Pontoons, Ski Planes), Aircraft Type (Fixed Wing, Rotary Wing), End-Use - Global Forecast 2024-2030

The Aircraft Landing Gears Market size was estimated at USD 8.10 billion in 2023 and expected to reach USD 8.53 billion in 2024, at a CAGR 5.49% to reach USD 11.79 billion by 2030.

Aircraft landing gear constitutes a crucial component of an aircraft's overall structure, providing the necessary support during landing, take-off, and when the aircraft is stationary on the ground. This system includes wheels, struts, and assemblies which permit safe and efficient operation on varying surfaces. The design and functionality of landing gears have a profound impact on an aircraft's performance, maintenance requirements, and safety. Increased demand for new aircraft driven by the growth of the global airline industry is expanding the demand for aircraft landing gear. Furthermore, the rise in defense spending globally has propelled the enhancement and expansion of military aircraft fleets, thereby boosting the aircraft landing gears market. High manufacturing costs, primarily due to sophisticated materials and technologies, hamper market growth. The complexity associated with designing and integrating advanced landing gear systems can extend development timelines and increase costs. Additionally, the shift towards more environmentally friendly and energy-efficient systems encourages the development of innovative landing gear technologies, subsequently creating opportunities for market growth. The increasing focus on reducing aircraft weight to improve fuel efficiency without compromising safety or performance has further broadened the market's growth opportunities.

Regional Insights

The Americas host a robust aerospace industry, underscored by the presence of significant aircraft manufacturers and an extensive network of suppliers, including landing gear producers. The region's demand for aircraft landing gears is propelled by both commercial and military aviation needs, with ongoing investments in research and development fostering innovation in landing gear technologies. Canada and Brazil also contribute significantly to the region's market with a focus on more fuel-efficient and lightweight landing gear systems, in line with global sustainability trends, which is expected to drive future growth in the Americas. The APAC region is witnessing continous growth in the aviation sector, driven by rising air travel demand in countries such as China, India, and Southeast Asia. This surge is supporting a burgeoning market for aircraft landing gears, encompassing both commercial and military aviation. With several nations in the region investing heavily in indigenous aircraft production initiatives, the demand for technologically advanced landing gear systems is poised to escalate in Asia-Pacific. Europe is home to some of the world's leading aircraft manufacturers and landing gear system suppliers, fostering a technologically advanced market landscape. Regulatory standards in Europe, focusing on environmental sustainability and safety, are catalysts for innovation and improvements in landing gear systems. The Middle East, with its strategic location as a global aviation hub and increasing investments in fleet expansions by major airlines, remains a significant market for aircraft landing gear. Africa shows potential for considerable growth with an increasing interest in revitalizing and expanding airline fleets, subsequently creating a platform for aircraft landing gears in the region.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Aircraft Landing Gears Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Continuous expansion of new aircraft due to rising air traffic
• Rising enhancement and expansion of military aircraft fleets
• Growing preference for lightweight landing gear systems

Market Restraints

• High cost of development of aircraft landing gear systems

Market Opportunities

• Continuous technological advancements in aircraft landing gear systems
• Emerging trend of urban air mobility (UAM) across commercial aviation

Market Challenges

• Complexity associated with the design and integration of advanced landing gear systems

Market Segmentation Analysis

• Type: Increasing usage of tricycle gear in modern aircraft that features a single nose wheel
• End-use: High potential of aircraft landing systems across commercial aviation due to the heavier weights of commercial aircraft

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Aircraft Landing Gears Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Aircraft Landing Gears Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Liebherr and J-Air Sign Major Landing Gear Overhaul Agreement

Liebherr-Aerospace signed a long-term service contract with Japan Airlines to undertake all activities related to the maintenance, overhaul, and repair of landing gears for J-Air's fleet of E170 and E190 aircraft. This partnership highlights Liebherr-Aerospace's exemplary service capabilities and also reinforces the trust and confidence that JAL Group places in Liebherr-Aerospace to ensure the optimal performance and safety of their fleet.

Safran to Develop Landing Gear for New US Army Tiltrotor Assault Aircraft

Safran has been appointed to design and develop a comprehensive landing system for the Bell V-280 Valor, a tiltrotor aircraft that has triumphed in the United States Army's selection process at the end of 2022, outperforming its competitor, the Sikorsky–Boeing SB-1 Defiant X. François Bastin, the CEO of Safran Landing Systems, expressed pride in joining the project, emphasizing the company's commitment to leveraging its eight decades of innovative leadership to meet the evolving technological demands of military aviation.

WAAM3D Joins I-Break to Innovate Landing Gear Manufacture

Airbus SE collaborated with fifteen diverse partners encompassing industry giants, nimble small enterprises, academic bodies, and research institutions with the EUR 22.5 million I-Break project to craft key structural components of aircraft landing gears, traditionally manufactured through extensive forging processes. By harnessing groundbreaking technologies including additive manufacturing, powder hot isostatic pressing, and advanced composites, the project aims to notably accelerate the aircraft's time to market.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Aircraft Landing Gears Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Aircraft Landing Gears Market, highlighting leading vendors and their innovative profiles. These include Aerospace Turbine Rotables, Inc., CIRCOR International, Inc., Eaton Corporation PLC, GKN Aerospace, Inc., Honeywell International Inc., Héroux-Devtek Inc., Liebherr-International Deutschland GmbH, Magellan Aerospace Corporation, Metalcraft, Inc., NMG Aerospace, Parker-Hannifin Corporation, PCX Aerostructures, LLC, Raytheon Technologies Corporation, Safran S.A., Sika Interplant Systems Limited, SPP Canada Aircraft Inc., Stirling Dynamics Ltd., Sumitomo Precision Products Co., Ltd., The Liebherr Group, Triumph Group, and Tungaloy Corporation.

Market Segmentation & Coverage

This research report categorizes the Aircraft Landing Gears Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Type
• Fixed Landing Gear
• Pontoons
• Ski Planes
• Skid Gear
• Tail-Wheel Gear
• Tricycle Gear
• Aircraft Type
• Fixed Wing
• Rotary Wing
• End-Use
• Commercial Aviation
• Military Aviation
• Private Aviation
• Region
• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year