Press release
Commercial Aircraft Landing Gear Market 2023 - CIRCOR Aerospace, Hroux-Devtek, Liebherr Group, Messier-Bugatti-Dowty, and UTC Corporation
An undercarriage of the aircraft, spacecraft that is entitled to sustain the entire weight associated with the aircraft during takeoff and landing, is known as landing gear. To maintain the optimum desired ratio between payload associated with the entire aircraft and flight range of the aircraft, weight reduction is a prominent factor that has enabled the need for technologically advanced landing gears to achieve fuel efficiency.Request a Sample of the Report: https://www.alliedmarketresearch.com/request-toc-and-sample/1730
Technological advancements and R&D initiatives associated with the supplementary market, such as steering system, actuation system and brake system, have initiated the market growth. The drivers considered in this report are growth of air traffic and airline industry, and demand for advanced lightweight landing gears. Moreover, need for fuel efficiency and improvement in operational performance of the commercial aircraft are the challenges faced in the market. Landing gears for various types of commercial aircraft include narrow-body/single-aisle aircraft, medium wide-body aircraft, large wide-body aircraft, and regional jets.
Rise in market share for narrow-body, single-aisle aircraft, which predominantly proffered by low-cost carriers for short-range flights, is expected to affect the market growth positively. Regional jets are projected to experience highest growth rate due to increased number of travel across short routes among countries such as the U.S. and Canada. EMEA shows prominent growth rate owing to the fast paced growth of the airline industry in this region, which would support the growth of landing gear market.
Wide-body aircraft segment occupies maximum market share; however, the regional jets segment is expected to grow at the highest pace. Geographically, the market is analyzed and classified on the basis of regional growth factors and impacting trends into Americas, Asia-Pacific, and EMEA). Key players profiled in this report include CIRCOR Aerospace, Hroux-Devtek, Liebherr Group, Messier-Bugatti-Dowty, and UTC Aerospace Systems.
For more details, visit: https://www.alliedmarketresearch.com/commercial-aircraft-landing-gear-market
Key Benefits:
• The report provides an in-depth analysis of the commercial aircraft landing gear market and offers current and future trends to identify lucrative investment pockets in the market
• The report identifies key drivers, restraints and opportunities that shape the market and provide an impact analysis for the forecast period.
• Current and future trends are outlined to determine the overall attractiveness and highlight the profitable trends in order to gain a stronger foothold in the market.
• Market estimation of geographic segments is derived from the current market scenario and expected market trends.
• Porters five forces analysis highlights the potency of buyers and suppliers in this market.
Product launch and partnership are major developmental strategies adopted by the leading companies in the region to sustain their position in the dynamic market. The key market players profiled in the report include, CIRCOR Aerospace, Hroux-Devtek, Liebherr Group, Messier-Bugatti-Dowty, and UTC Corporation.
Commercial Aircraft Landing Gear Market Segmentation:
The market is segmented on the basis of aircraft type, and geography.
By Aircraft Type
• Narrow-body aircraft
• Wide-body aircraft
• Regional jets
By Geography
• Americas
• Asia-Pacific (APAC)
• Europe, Middle East, and Africa (EMEA)
Key Players
• CIRCOR Aerospace
• Heroux-Devtek
• Liebherr Group
• Messier-Bugatti-Dowty
• UTC Corporation
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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