Aerospace Landing Gear Market 2018-24 | Industry Analysis By Key Manufacturers – AAR, GKN Aerospace, Liebherr Group, Safran, UTC Aerospace Systems, Eaton, Magellan Aerospace Limited
Main landing gear will account for the maximum volume share of over 65% till 2024. This dominance is attributed to the usage of such gear for handling most of the aircraft weight. It include several components including anti-skid braking systems for enhancing the braking performance of the aircrafts during landing operations. The usage of light weight materials for reducing the gear weight will further boost the aerospace landing gear revenue generation till 2024.
Asia Pacific aerospace landing gear market will grow significantly at around 5.7% till 20024 owing to increasing air passenger traffic. For instance, according to the Association of Asia Pacific Airlines (AAPA), multiple airlines spread across the region carried over 1,214 million passengers and 20 million cargo in 2017. The increasing population and decreasing air ticket fares coupled with proliferating tourism sector will boost the regional growth till 2024.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. AAR Corp.
2. Eaton Corporation
3. GKN Aerospace
5. Liebherr Group
6. Magellan Aerospace
7. Safran Landing Systems
8. UTC Aerospace Systems
Aerospace Landing Gear Market by Platform
• Fixed wing
• Rotary wing
Aerospace Landing Gear Market by Aircraft
• Fixed wing
• Rotary wing
• Commercial aviation
• General aviation
• Business aviation
• Regional jets
Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/2343
Global aerospace landing gear market from tri-cycle arrangement accounted for 12,221 units in 2017 and is expected to continue its dominance till 2024 owing to several benefits offered including prevention of nose over while braking at higher landing speeds, enhanced visibility from flight deck, easier maneuvering & landing, and prevention of aircraft ground looping. The reduced weight of the system along with lower drag compared to its counterparts further strengthens the volume share till 2024.
Global aerospace landing gear market from commercial aviation was valued at over USD 12 billion in 2017 and is projected to continue its dominance over the study timeframe. This is attributed to the introduction of wide-body aircrafts with enhanced passenger seating capacity up to 500 passengers for long distance travel. Increasing transportation of cargo and proliferation of the commercial air freight are boosting the revenue generation till 2024.
OEM segment accounted for over 65% of revenue share in 2017. Increasing investments from industry players for adopting innovative technologies for reducing design and development cycle and cost will drive the segment demand. The requirement to comply to stringent regulations for making flights airworthy along with reducing the weight of the systems and increasing efficiency will showcase significant growth prospects to the aerospace landing gear industry.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/aerospace-landing-gear-market
The prominent players in the aerospace landing gear marketplace include Safran Landing Systems, AAR Corporation, GKN Aerospace Services, Liebherr Group, Triumph Group, and Eaton Corporation. Other notable players include Magellan Aerospace Corporation, Heroux-Devtek Inc, SPP Canada Aircraft, Whippany Actuation Systems, CIRCOR Aerospace UTC Aerospace Systems, and Aerospace Turbine Rotables.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Aerospace Landing Gear Market 2018-24 | Industry Analysis By Key Manufacturers – AAR, GKN Aerospace, Liebherr Group, Safran, UTC Aerospace Systems, Eaton, Magellan Aerospace Limited here
News-ID: 1501141 • Views: 2238
More Releases from Aerospace Industry
Aerospace Communication System Market By Evolving Technology, Software To 2025 | …
Europe aerospace communication system market share will witness robust growth owing to government initiatives on precautionary measures on accidents along with stringent regulations on air carrier inspection & safety. Increasing adoption of advanced technologies to enhance travel safety and avert air carrier accidents will propel the industry demand over the projected timeframe. Aerospace Communication System Market is estimated to exceed USD 2.9 billion by 2025 Get Sample Copy of This Report
Aircraft Evacuation Market 2025 | UTC Aerospace Systems, GKN Aerospace, Zodiac A …
Asia Pacific aircraft evacuation market share will witness a significant growth owing to increasing demand for air travel. Further, as per IATA, the region is witnessing an annual increase of around 5.5% passenger traffic. Continuous investments by industry players for setting up of manufacturing facilities are further supporting the regional growth till 2025. Europe aircraft evacuation market holds substantial share with the expansion of airlines. In August 2018, Wizz Air announced
Aerospace Landing Gear Market 2024 | Safran, GKN Aerospace, Triumph Group, UTC A …
Global aerospace landing gear market from tri-cycle arrangement accounted for 12,221 units in 2017 and is expected to continue its dominance till 2024 owing to several benefits offered including prevention of nose over while braking at higher landing speeds, enhanced visibility from flight deck, easier maneuvering & landing, and prevention of aircraft ground looping. The reduced weight of the system along with lower drag compared to its counterparts further strengthens
Communication System Market in Aircraft 2024 Key Players - L3 Technologies, Lock …
North America aircraft communication system market is expected to hold over 35% of the revenue share over the forecast timeframe. This can be credited to the presence of established aerospace industry leaders along with rising deployment of advanced communication systems in prominent aircrafts across the region. Rising defense expenditure of the developed countries including U.S. will further contribute towards region’s dominance. Asia Pacific aircraft communication system market will grow rapidly,
More Releases for Landing
Commercial Aircraft Landing Gear Market
The commercial aircraft landing gear market is valued at USD 14.72 billion in 2020 and is anticipated to register a CAGR of 4.18% during the forecast period to reach USD 20.13 billion by 2026. Over the years, there is an increase in aircraft orders from various airlines around the world. This is primarily due to an increase in the number of passengers opting for air travel. The COVID-19 pandemic affected the
Global Aerospace Landing Gear Market - 2019-2026
The Aerospace Landing Gear market showcase is set to ascend from $ XX billion of2019to $ XX billion by 2026, at a moderately solid compound yearly development pace of XX %. Aerospace landing gear alludes to a structure that is introduced in the airplane to offer help to the airplane while it is on the ground. The consolidation of the aviation arrival gears guarantees the sheltered setting down of the
Global Instrument Landing System and Visual Landing Aids Market By Key Vendors: …
Qyresearchreports include new market research report Instrument Landing System and Visual Landing Aids to its huge collection of research reports. This report studies the global Instrument Landing System and Visual Landing Aids market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Instrument Landing System and Visual Landing Aids market by companies, region, type and end-use industry. An instrument landing system (ILS) enables pilots to
Amphibious Landing Craft Market Report 2018: Segmentation by Type (LCAC (Landing …
Global Amphibious Landing Craft market research report provides company profile for Abu Dhabi Shipbuilding, Garden Reach Shipbuilders and Engineers, Goa Shipyard, General Dynamics NASSCO, Griffin Hoverwork, L-3 Unidyne, Marine Alutech, Almaz and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for
Instrument Landing System and Visual Landing Aids Market Research Report 2018- Q …
In this report, the global Instrument Landing System and Visual Landing Aids market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Instrument Landing System and Visual Landing
Global Pontoon Landing Gear Market Forecast 2018-2025 Safran Landing Systems, AP …
Recently added detailed market study "Global Pontoon Landing Gear Market" examines the performance of the Pontoon Landing Gear market 2018. It encloses an in-depth Research of the Pontoon Landing Gear market state and the competitive landscape globally. This report analyzes the potential of Pontoon Landing Gear market in the present and the future prospects from various angles in detail. The Global Pontoon Landing Gear Market 2018 report includes Pontoon Landing Gear