Press release
Landing Gear Market in Commercial Aircraft Industry: 2019 Leading Players Overview- Circor, Heroux-devtek, Liebherr, messier-Bugatti-dowty, UTC Aerospace, AAR, Honeywell, Megellan Aerospace, Merrill Technologies, SPP Canada Aircraft, Triumph
Global Commercial Aircraft Landing Gear Market by Aircraft Type (Wide Body Aircraft and Narrow Body Aircraft), by Aircraft Model (B737, A330, A321, A320, A319, B767, B787, B777, B747, and A380), by Landing Gear (Main landing Gear and Nose landing Gear) and by Region - Forecast To 2021Some of the key players profiled by MRFR are Circor Aerospace, UTC Aerospace Systems, SPP Canada Aircraft, Triumph Group, AAR, Honeywell Aerospace, Megellan Aerospace, Heroux-devtek, Liebherr Group, messier-Bugatti-dowty, Merrill Technologies Group, and Whippany Actuation System.
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Market Insights:
Market Research Future (MRFR)’s recent study reveals that the global commercial aircraft landing gear market is set to proliferate moderately at a healthy CAGR of 6% CAGR during the forecast period 2016 to 2021. The boom witnessed in the aviation industry is expected to fuel demand in the market over the next couple of years.
The surge in demand for lightweight aircraft has opened avenues of growth for the commercial aircraft landing gear industry leaders since it enhances aircraft performance and fuel efficiency. Additionally, the increased air traffic is another factor favoring the growth of the market. The exponential air traffic has paved the way for new entrants into the aviation industry coupled with demand for more aircraft from the existing airlines. This, in turn, is poised to fuel demand in the commercial aircraft landing gear market.
The growth of the aviation industry has intensified the need for advanced technologies and upgraded components. The landing gear being an important part of the aircraft is projected to witness demand in the foreseeable future. Nevertheless, technological challenges, design constraints, lengthy product development processes, etc. are prognosticated to hold the growth of the commercial aircraft landing gear market over the next couple of years.
Industry Developments:
In August 2018, Héroux-Devtek, Canadian aircraft landing gear manufacturer and MRO provider, named Duncan Aviation a distributor. It is one of the only five such locations worldwide.
In August 2018, the U.S. based Boeing unveiled its extendable main landing gear for Boeing 737-10 variant of the MAX family. It marks the beginning of a production and development ramp-up expected to culminate with the first flight in 2019.
Market Segmentation:
By aircraft type, the global commercial aircraft landing gear market is segmented into wide body aircraft and narrow body aircraft.
By aircraft model, the commercial aircraft landing gear market is segmented into B737, A330, A321, A320, A319, B767, B787, B777, B747, and A380.
By landing gear, the global commercial aircraft landing gear market is segmented into main landing gear and nose landing gear.
Detailed Regional Analysis:
By region, the global commercial aircraft landing gear market has been segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa. Asia Pacific is expected to emerge as the global leader towards the end of 2021. The massive air traffic, profiting aviation industry, the presence of fast-developing economies, increase in disposable income, etc. have augured well for the market players in the region. Europe and the Middle East & Africa are important growth pockets in the market. The factors responsible for aiding the expansion of the market in the region include massive air traffic, investments in the airline industry, booming aviation industry, etc. North America is expected to witness moderate growth throughout the forecast period. It is estimated to strike a steady CAGR of 3% over the review period.
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Scope of Report
The market report for Global Commercial Aircraft Landing Gear Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1. Market Definition
2.2. Scope of the Study
2.3. Market Structure
2.4. Key Takeaways
2.5. Key Buying Criteria
3 Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List of Assumptions
4 Market Landscape
4.1. Porter’s Five Forces Analysis
4.1.1. Threat of New Entrants
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of Substitutes
4.1.4. Segment Rivalry
4.1.5. Bargaining Power of Suppliers
4.2. Supply Chain Analysis
5 Market Dynamics
5.1. Introduction
5.2. Market Drivers
5.3. Market Restraints
5.4. Market Opportunities
5.5. Technological Trends
5.6. Patent Analysis
5.7. Regulatory Landscape
Continued........
List of Tables
Table 1 Global Commercial Aircraft Landing Gear Market, by Region, 2018–2023
Table 2 North America: Commercial Aircraft Landing Gear Market, by Country, 2018–2023
Table 3 Europe: Commercial Aircraft Landing Gear Market, by Country, 2018–2023
Table 4 Asia-pacific: Commercial Aircraft Landing Gear Market, by Country, 2018–2023
Table 5 Middle East & Africa: Commercial Aircraft Landing Gear Market, by Country, 2018–2023
Table 6 Latin America: Commercial Aircraft Landing Gear Market, by Country, 2018–2023
Table 7 Global Commercial Aircraft Landing Gear Market, by Type, 2018–2023
Table 8 North America: Commercial Aircraft Landing Gear Market, by Type, 2018–2023
Table 9 Europe: Commercial Aircraft Landing Gear Market, by Type, 2018–2023
Continued........
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
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