Global Landing Gears Market Growth 2023-2029

Global Landing Gears Market Growth 2023-2029

Landing gear is the undercarriage of an aircraft or spacecraft, and is used in both takeoff and landing.For aircraft, the landing gear supports the craft when it is not flying, allowing it to take off, land, and taxi without damage. Wheels are typically used but skids, skis, floats or a combination of these and other elements can be deployed depending both on the surface and on whether the craft only operates vertically (VTOL) or is able to taxi along the surface. Faster aircraft usually have retractable undercarriages, which folds away during flight to reduce air resistance or drag.

LPI (LP Information)' newest research report, the “Landing Gears Industry Forecast” looks at past sales and reviews total world Landing Gears sales in 2022, providing a comprehensive analysis by region and market sector of projected Landing Gears sales for 2023 through 2029. With Landing Gears sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Landing Gears industry.

This Insight Report provides a comprehensive analysis of the global Landing Gears landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Landing Gears portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Landing Gears market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Landing Gears and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Landing Gears.

The global Landing Gears market size is projected to grow from US$ 4456.9 million in 2022 to US$ 5562.3 million in 2029; it is expected to grow at a CAGR of 5562.3 from 2023 to 2029.

Global Landing Gear key players include UTC Aerospace Systems, Héroux-Devtek Inc, Safran Landing Systems, etc. Global top three manufacturers hold a share over 50%.

Europe is the largest market, with a share about 55%, followed by USA and China, both have a share about 35 percent.

In terms of product, Strut Landing Gear is the largest segment, with a share about 46%. And in terms of application, the largest application is Land Route, followed by Amphibious.

This report presents a comprehensive overview, market shares, and growth opportunities of Landing Gears market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Main Landing Gear
Nose Landing Gear

Segmentation by application
OEM
Aftermarket

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Héroux-Devtek
Collins Aerospace(Raytheon Technologies Corp)
SAFRAN
The Landing Gear Works
Landing Gear Technologies
Liebherr
Triumph Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Landing Gears market?

What factors are driving Landing Gears market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Landing Gears market opportunities vary by end market size?

How does Landing Gears break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.