Report Format: PDF
Published Date: Oct-2018 | 200 Pages | Report ID: VSR00301
Global Aerospace Landing Gear Market Size was valued nearly USD 14 billion by 2017 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.23% during the forecast period, i.e. 2017-2025. Owing to increasing demand in developed and developing economies for new aircraft, same time the major manufacturers play significant role in global market that key players are Safran S.A., Liebherr-International AG, CIRCOR International, Inc., Héroux-Devtek Inc., UTC Aerospace Systems, and Triumph Group, Inc., among others as a resulted to drive the market over the forecast period. In addition, the increasing demand for Unmanned Air Vehicles in military sector is further projected to boost the demand for aircraft landing gear from military aviation during the forecast period.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global aerospace landing gear market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global aerospace landing gear market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Market Dynamic
According to the new market research study on " Global Aerospace Landing Gear Market Size, By Position (Main Landing Gear, Nose/Tail Landing Gear), By Arrangement (Tail Wheel, Tandem, Tri-cycle), By Platform (Fixed Wing (OEM, MRO), Rotary Wing (OEM, MRO)), By Aircraft (Military Aircraft [Fixed Wing, Rotary Wing], Commercial Aviation, General Aviation (Business Aviation, Regional Jets), By Distribution Channel (OEM, MRO); Regional Analysis (North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe – UK, Russia, France, Brazil, Other) (Middle East and Africa).", Global Aerospace Landing Gear Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.23% during the forecast period, i.e. 2017-2025 due to high demand generating from end-user sectors such as military aircraft and commercial aviation. The North American market is projected to lead the global aircraft landing gear market over the forecast period that is 2019 to 2025, driven by the technological advancements and the presence of key aircraft manufacturers.
Segment Analysis
The objective of this market study is to analyze, define, describe, and forecast the aerospace landing gear industry basis on platform, product, position, arrangement, distribution channel and region. Based on platform, the aircraft landing gear market has been divided into fixed wing, and rotary wing aircraft. In aircraft landing gear market the rotary wing segment is excepted to grow at the highest rate in the global industry in the coming years because of the increasing demand for helicopters from the military sector. The aircraft landing gear market is classified basis on application that is military aircraft, commercial aviation and general aviation. The commercial aviation segment is estimated to hold the largest market share of the global industry over the forecast period. The commercial aviation segment consists of narrow body, wide body, very large aircraft, and regional transport aircraft.
Regional Analysis
The global aircraft landing gear market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In 2017, the North America market is projected to be the fastest growing industry for electronic warfare and it will continue showing dominance of the demand and revenue in the coming years owing to technological advancements, presence of key aircraft manufacturers, high spending on military budget, high growth of aviation sector and increasing demand or generating strong supply channel between North America and Other region for aircraft landing gear are factors which is driving the growth of the North American aircraft landing gear market. On other hand growing military modernization programs, need advanced fighter jets, unmanned air vehicles, and among others is also projected to boost the North American market in the next five years.
Global Aerospace Landing Gear Market Size, Share Analysis By Region 2017
Key Players
The major kay players in the aircraft landing gear market which will contribute healthy growth in regional and global market over the forecast period that key players are GKN Aerospace Services, Safran Landing Systems, AAR Corporation, Liebherr Group, Triumph Group, and Eaton Corporation. Other notable players include SPP Canada Aircraft, Whippany Actuation Systems, CIRCOR Aerospace, Magellan Aerospace Corporation, Heroux-Devtek Inc, UTC Aerospace Systems, Aerospace Turbine Rotables and others.
Global Aerospace Landing Gear Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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