Aircraft Landing Gear Market Size, Share, and Forecast by 2031
Aircraft Landing Gear Market: Strategic Insights
Aircraft Landing Gear Market
-
CAGR (2023 - 2031)5.8% -
Market Size 2023
US$ 8.85 Billion -
Market Size 2031
US$ 13.88 Billion
Market Dynamics
GROWTH DRIVERS
- The rising global aircraft production and deliveries
- Increasing aircraft MRO industry propelling the growth for aircraft components
- Growth in aircraft fleet across different regions
- Major backlogs of the major aircraft OEMs
FUTURE TRENDS
- Introduction of Low Cost Airlines Propelling the Demand for Regional Aircraft and Airline Operations
OPPORTUNITIES
- Expected Aircraft Deliveries During the Next Two Decades Likely to Provide Future Opportunities
Key Players
- Safran
- Liebherr Group
- Hroux Devtek Inc
- Collins Aerospace
- Triumph Group Inc
- Circor International Inc
- Sumitomo Precision Products Co Ltd
- GKN Aerospace Services Limited
- AAR Corp
- Magellan Aerospace Corporation
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Aircraft Type
- Airplanes and Helicopters
Gear Arrangement
- Tricycle
- Tandem
- Tail Wheel
Type
- Main and Nose
End-User
- Commercial and Military