Aerospace Landing Gear Market Report: Trends, Forecast and Competitive Analysis to 2030

Aerospace Landing Gear Market Report: Trends, Forecast and Competitive Analysis to 2030

Aerospace Landing Gear Trends and Forecast

The future of the global aerospace landing gear market looks promising with opportunities in the OEM and aftermarket. The global aerospace landing gear market is expected to reach an estimated $9.3 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are rising air traffic, along with tightened government air safety standards, increasing airplane technological growth and innovation, rapid increase in the aviation and aerospace sector, as well as, growing technological investment towards the infrastructure improvement of the aerospace sector.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Aerospace Landing Gear by Segment

The study includes a forecast for the global aerospace landing gear by position, aircraft type, arrangement, end use, and region.

Aerospace Landing Gear Market by Position [Shipment Analysis by Value from 2018 to 2030]:

• Main Landing Gear
• Nose/Tail Landing Gear

Aerospace Landing Gear Market by Aircraft Type [Shipment Analysis by Value from 2018 to 2030]:

• Commercial Aircraft
• General Aircraft
• Military Aircraft

Aerospace Landing Gear Market by Arrangement [Shipment Analysis by Value from 2018 to 2030]:

• Tail Wheel
• Tandem
• Tri-Cycle

Aerospace Landing Gear Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• OEM
• Aftermarket

Aerospace Landing Gear Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Aerospace Landing Gear Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aerospace landing gear companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aerospace landing gear companies profiled in this report include-

• GKN Aerospace Services
• Safran Landing Systems
• AAR
• Liebherr Group
• Triumph Group
• Eaton
• SPP Canada Aircraft
• Whippany Actuation Systems
• CIRCOR Aerospace
• Magellan Aerospace

Aerospace Landing Gear

Lucintel forecasts that main landing gear will remain the larger segment over the forecast period due to minimum volume, minimum weight for high performance, and longer gear system life are required.

Within this market, OEM will remain the larger segment due to expansion of fleets by airlines and military operators.

North America will remain the largest region over the forecast period due to large number of aircraft manufacturers and a high prevalence of airports handling heavy traffic, as well as, increasing orders and aircraft sales across the region.

Features of the Global Aerospace Landing Gear Market

Market Size Estimates: Aerospace landing gear market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Aerospace landing gear market size by position, aircraft type, arrangement, end use, and region in terms of value ($B).

Regional Analysis: Aerospace landing gear market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different position, aircraft type, arrangement, end use, and regions for the aerospace landing gear market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aerospace landing gear market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the aerospace landing gear market size?

Answer: The global aerospace landing gear market is expected to reach an estimated $9.3 billion by 2030.

Q2. What is the growth forecast for aerospace landing gear market?

Answer: The global aerospace landing gear market is expected to grow with a CAGR of 6.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the aerospace landing gear market?

Answer: The major drivers for this market are rising air traffic, along with tightened government air safety standards, increasing airplane technological growth and innovation, rapid increase in the aviation and aerospace sector, as well as, growing technological investment towards the infrastructure improvement of the aerospace sector.

Q4. What are the major segments for aerospace landing gear market?

Answer: The future of the global aerospace landing gear market looks promising with opportunities in the OEM and aftermarket.

Q5. Who are the key aerospace landing gear market companies?

Answer: Some of the key aerospace landing gear companies are as follows:

• GKN Aerospace Services
• Safran Landing Systems
• AAR
• Liebherr Group
• Triumph Group
• Eaton
• SPP Canada Aircraft
• Whippany Actuation Systems
• CIRCOR Aerospace
• Magellan Aerospace

Q6. Which aerospace landing gear market segment will be the largest in future?

Answer: Lucintel forecasts that main landing gear will remain the larger segment over the forecast period due to minimum volume, minimum weight for high performance, and longer gear system life are required.

Q7. In aerospace landing gear market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to large number of aircraft manufacturers and a high prevalence of airports handling heavy traffic, as well as, increasing orders and aircraft sales across the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the aerospace landing gear market by position (main landing gear and nose/tail landing gear), aircraft type (commercial aircraft, general aircraft, and military aircraft), arrangement (tail wheel, tandem, and tri-cycle), end use (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?Please note: It will take 2-3 business days to deliver the report upon receipt the order.