Aircraft Landing Gear MRO Market Scope, Analysis, and Trends by 2030
Aircraft Landing Gear MRO Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 4,343.97 Million |
Market Size by 2030 | US$ 5,392.01 Million |
Global CAGR (2022 - 2030) | 2.7% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Recent Developments:
The aircraft landing gear MRO market report includes an analysis carried out by identifying and evaluating key players in the market. Inorganic and organic strategies such as new contracts, mergers, and acquisitions are highly adopted by companies in the aircraft landing gear MRO market. For instance, in 2021, KP Aviation announced the merger with Aircraft Landing Systems (ALS), a premier landing gear MRO company based in Hialeah Florida. In addition, in August 2021, Atlanta-based Precision Aviation Group, Inc. (PAG) announced the acquisition of Trace Aviation (TA) o Jackson, Mississippi. Similarly, in October 2022, the Adani Group announced that it will acquire MRO company Air Works Group in a bid to strengthen its civil aviation portfolio in the coming years. The report includes growth prospects owing to the current aircraft landing gear MRO market trends and their foreseeable impact during the forecast period.