Helicopter Landing Gear Market Strategies, Top Players, Growth Opportunities, Analysis, and Forecast by 2031

The helicopter landing gear market  size is projected to reach US$ 5.99 billion by 2031 from US$ 3.81 billion in 2023. The market is expected to register a CAGR of 5.8% during 2023–2031. The development of robotic landing gear is likely to remain a key trend in the market.

Helicopter Landing Gear Market  Analysis

The global helicopter manufacturing or retrofitting industry is characterized by the presence of well-known and financially strong helicopter manufacturers such as Airbus and Bell Helicopter. Owing to this, the bargaining power of buyers in the helicopter landing gear market is quite high at present, however, the bargaining power of buyers is estimated to reduce to moderate level in the coming years. Helicopter manufacturing companies such as Airbus, Bell Helicopters, Sikorsky Aircraft Corporation among others have a fierce competitive rivalry among themselves and they require constant improvement in their aircrafts to maintain their stronghold in the market. Owing to this fact, these companies have a high tendency to switch helicopter component contractors over a period of time, in order to enhance the entire helicopter systems. Hence, due to the consolidated nature of helicopter manufacturing industry with the presence of few large helicopter manufacturers, the bargaining power of buyers is expected to remain high in the coming years.

Helicopter Landing Gear Market  Overview

The helicopter landing gear market consists of large number of well-established and well-recognized companies such as Safran S.A., Liebherr Group, Héroux-Devtek Inc., Circor International, Inc., and Triumph Group Inc. among many others. These market players have well-established brand position and long term presence in the global landing gear market. The helicopter manufacturers rely heavily on the brand value of the helicopter component manufacturers, and due to this, majority of the contacts are awarded to the established and industry recognized helicopter landing gear manufacturers, thereby, creating minimum space for new manufacturers to enter the market. In addition to this, the initial capital investments involved to enter the helicopter landing gear market is quite high, which acts as an entry barrier for new entrants.

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Helicopter Landing Gear Market: Strategic Insights

Helicopter Landing Gear Market

• 
  CAGR (2023 - 2031)

  5.8%
• Market Size 2023
  US$ 3.81 Billion
• Market Size 2031
  US$ 5.99 Billion

Market Dynamics

GROWTH DRIVERS

• Growth in helicopter production
• Increasing adoption of composites for manufacturing helicopter landing gear systems

FUTURE TRENDS

• The development of robotic landing gear

OPPORTUNITIES

• Rise in Scope of Maintenance, Repair, and Overhaul (MRO) Facilities

Key Players

• Circor Aerospace Inc
• Sika Interplant Systems Limited
• DART AEROSPACE
• Eurocarbon BV
• Trelleborg
• Rostec
• Liebherr International Deutschland GmbH
• Safran
• ST Engineering

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Type

• Skids
• Wheels

Material

• Aluminum Landing Gear Set
• Steel Landing Gear Set
• Composite Landing Gear Set
• Titanium

Application

• Civil Helicopter
• Military Helicopter

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Helicopter Landing Gear Market  Drivers and Opportunities

Rising Global Helicopter Production

The rise in number of helicopter production and deliveries worldwide is one of the major factors supporting the adoption of helicopter landing gears for civil and military helicopters across different regions globally. For instance, according to the General Aviation Manufacturers Association (GAMA), around 1072 civil helicopters were delivered in 2022 compared to 1007 helicopters in 2021. Further, according to GAMA, pistin helicopter deliveries witnessed a growth of around 7.7% in 2023 with 209 units delivered worldwide; whereas, civil-commercial turbine helicopter witnessed a rise of around 9.9% with 811 units in 2023. Such growth in deliveries and production of helicopters is driving the growth of helicopter landing gear market worldwide.

Rise in Scope of Maintenance, Repair, and Overhaul (MRO) Facilities

The exponential growth of helicopters has complemented the establishment of MRO facilities in the world over the years. The scope of MRO facilities is expected to rise in different parts of the world, especially in Asia. Owing to the rising adoption of civil helicopters for various commercial purposes such as fighting wildfires, facilitating news & traffic coverage, conducting search & rescue missions, and patrolling gas & oil pipelines, the establishment of MRO facilities is also witnessing a positive trend. The rising use of helicopters is rapidly accelerating the scope of helicopter’s maintenance business. Countries such as Singapore and India are witnessing presence of companies offering helicopter landing gear associated MRO services. Tentacle Aerologistix Pvt. Ltd. has stepped into the area of MRO with an aim to create a landmark in aircraft maintenance. Further, several emerging countries have also announced their plans to establish an MRO hub across their respective regions. For instance, the Indian government has announced to make the country an aviation MRO hub which is further expected to drive the demand for helicopter landing gear systems across the region.

Helicopter Landing Gear Market  Report Segmentation Analysis

Key segments that contributed to the derivation of the helicopter landing gear market  analysis are type, material, and application.

• Based on type, the helicopter landing gear market is bifurcated into skids and wheels. The skids segment held a larger market share in 2023.
• Based on material, the helicopter landing gear market  is segmented into aluminum landing gear set, steel landing gear set, composite landing gear set, and titanium. The composite segment held a larger market share in 2023.
• Based on application, the helicopter landing gear market is bifurcated into civil helicopter and military helicopter. The military helicopter segment held a larger market share in 2023.

Helicopter Landing Gear Market  Share Analysis by Geography

The geographic scope of the helicopter landing gear market  report is mainly divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.

North America has dominated the market in 2023 followed by Europe and Asia Pacific regions. Further, Asia Pacific is also likely to witness highest CAGR in the coming years. The US dominated the North America helicopter landing gear market in 2023. The US Air Force is one of the world's most powerful and technologically advanced armed forces. The US government is constantly investing in the development of a defense industrial base in the country, owing to a significant focus on military capabilities expansion as a strategic priority. In 2023, the military expenditure of the United States stood at US$ 916 billion, an increase of 4.4 percent from the previous year. The United States is anticipated to be the largest revenue contributor in the worldwide helicopter landing gear market due to continuous R&D expenditure for strengthening the military sector, as well as the presence of some of the top combat helicopter and landing gear manufacturers. CIRCOR Aerospace and Safran are among the key manufacturers operating in the US landing gear market. Hence, the market for helicopter landing gear is expected to grow throughout the projected period as a result of the factors mentioned above.

Helicopter Landing Gear Market  Report Scope

Helicopter Landing Gear Market  News and Recent Developments

The helicopter landing gear market  is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the helicopter landing gear market  are listed below:

• Safran Landing Systems is onboard Bell’s tiltrotor aircraft program, as part of the US Army’s Future Long-Range Assault Aircraft (FLRAA) project. According to the contract, Safran Landing Systems will design and develop the fully integrated landing system. These shared efforts will establish solid foundations to meet all future requirements. (Source: Safran, Press Release, Sep 2023)
• Trelleborg Sealing Solutions launches its Orkot® C620 composite material, specifically developed to meet the needs of the aerospace industry, in particular the requirement for a strong and light material to withstand the high loads and stresses landing gear are subject to. (Source: Trelleborg Sealing Solutions, Press Release, Feb 2022)

Helicopter Landing Gear Market  Report Coverage and Deliverables

The “Helicopter Landing Gear Market  Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Helicopter landing gear market market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Helicopter landing gear market market trends as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed porter’s five forces analysis
• Helicopter landing gear market market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the helicopter landing gear market
• Detailed company profiles

Helicopter Landing Gear Market Report Scope

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