Press release
Aerospace Landing Gear Market | 2019 Leaders: UTC Aerospace Systems, Triumph Group, Safran, Liebherr Group, GKN Aerospace, Eaton
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Tri-cycle aerospace landing gear market will register over 6% CAGR with its installation in in-service and on-demand aircrafts. Increasing on-demand airplanes will support segment growth in next six years. In November 2017, Airbus received order for 430 narrow body aircrafts. Tandem wheel arrangement will witness steady growth with its adoption for military aircrafts. The arrangement has main and tail gear aligned to the longitudinal axis of the aircraft offering stability to the aircraft.
Rotary wing aerospace landing gear market will register around USD 6,500 million owing to rising demand for helicopters from the defense sector and increasing applications in transportation, emergency medical services and other commercial applications. Industry participants are actively working on using different types of sheet metals such as aluminum, steel, and composite for enhancing their efficiency and durability.
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
4. Heroux-Devtek
5. Liebherr Group
6. Magellan Aerospace
7. Safran Landing Systems
8. UTC Aerospace Systems
Aerospace Landing Gear Market by Platform
• Fixed wing
• OEM
• MRO
• Rotary wing
• OEM
• MRO
Aerospace Landing Gear Market by Aircraft
• Military
• Fixed wing
• Rotary wing
• Commercial aviation
• General aviation
• Business aviation
• Regional jets
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OEM leads industry with system installation during airplane fabrication. Companies are focusing on landing system configurations including load factors and sink rate to confirm to airworthiness regulations. Aftermarket aerospace landing gear market will witness over 7% CAGR with maintenance requirement after defined intervals. Industry players are focusing on aftermarket to support airliners? operations and boost their revenue.
In 2017, North America holds over 50% aerospace landing gear market share with increasing military modernization programs that led to escalating aircraft demand. Moreover, presence of the largest aerospace industry participants including Boeing, Lockheed Martin, and Bombardier Aerospace will fuel the regional growth. Europe will witness steady growth with growing tourism industry. In 2017, the number of tourist arrivals grew by around 8% thereby enhancing industry size.
In 2017, main gear accounts for over 60% aerospace landing gear market share with its installation to support aircraft weight. The gear supports over 80% aircraft weight and positioned behind center of gravity. Nose/tail segment will register healthy growth during forecast period owing to its application for steering an aircraft. The nose/tail designation depends on its position in the carrier. Its functioning depends on weight carrying capacity as light weight is directed through mechanical linkage while for heavy aircraft, it utilizes hydraulic power.
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Key industry participants in aerospace landing gear market includes Safran Group, Heroux-Devtek, UTC Aerospace System, and Eaton Corporation. Industry players are undergoing long term agreements with airliners to expand their regional presence. In July 2016, Eaton signed a 7-year, exclusive agreement with Emirates Airline to provide MRO services for B777, A330 and A340 aircraft fleets.
Partial Chapter of the Table of Content:
Chapter 4 Aerospace Landing Gear Market, By Position
4.1 Aerospace landing gear market share by position, 2017 & 2024
4.2 Main landing gear
4.2.1 Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
4.2.2 Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
4.3 Nose/Tail landing gear
4.3.1 Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
4.3.2 Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
Chapter 5 Aerospace Landing Gear Market, By Arrangement
5.1 Aerospace landing gear market share by arrangement, 2017 & 2024
5.2 Tail wheel
5.2.1 Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
5.2.2 Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
5.3 Tandem
5.3.1 Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
5.3.2 Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
5.4 Tri-cycle
5.4.1 Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
5.4.2 Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
Chapter 6 Aerospace Landing Gear Market, By Platform
6.1 Aerospace landing gear market share by platform, 2017 & 2024
6.2 Fixed Wing
6.2.1 Market estimates and forecast, 2013 – 2024, (USD Million)
6.2.2 Market estimates and forecast, by region, 2013 – 2024, (USD Million)
6.2.3 OEM
6.2.3.1 Market estimates and forecast, 2013 – 2024, (USD Million)
6.2.3.2 Market estimates and forecast, by region, 2013 – 2024, (USD Million)
6.2.4 MRO
6.2.4.1 Market estimates and forecast, 2013 – 2024, (USD Million)
6.2.4.2 Market estimates and forecast, by region, 2013 – 2024, (USD Million)
6.3 Rotary Wing
6.3.1 Market estimates and forecast, 2013 – 2024, (USD Million)
6.3.2 Market estimates and forecast, by region, 2013 – 2024, (USD Million)
6.3.3 OEM
6.3.3.1 Market estimates and forecast, 2013 – 2024, (USD Million)
6.3.3.2 Market estimates and forecast, by region, 2013 – 2024, (USD Million)
6.3.4 MRO
6.3.4.1 Market estimates and forecast, 2013 – 2024, (USD Million)
6.3.4.2 Market estimates and forecast, by region, 2013 – 2024, (USD Million)
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