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Aircraft Landing Gear Repair and Overhaul Market – Technology Analysis and Growth Report in Aviation Industry Based on Competitors Like Lufthansa Technik, Safran, Delta TechOps, AAR, ATI Aviation Services, Sunvair
Aircraft Landing Gear Repair and Overhaul Market ? Technology Analysis
Market Scenario:
An undercarriage of the aircraft that is entitled to sustain the entire weight related to the aircraft during take-off and landing is known as landing gear. The landing gear undergo heavy stresses and loads during take-off and landing of the aircraft. This results in wear and tear of the landing gears, and thus, need repair and overhaul in fixed time intervals. If the aircraft landing gears maintenance is not carried out regularly, it can affect the working of the landing gears and indirectly hamper the overall efficiency of the aircraft. Presently, technologically advanced landing gears are equipped in aircraft to achieve optimum fuel efficiency.
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Nearly 80% of main landing gear overhauls will be performed on Boeing and Airbus jets, roughly 60% of these will be in Boeing models, and about 20% in Airbus jets. However, the market for landing gear repair and overhaul is changing as older aircraft services is replaced with newer advanced services. As a result, the major challenge for these service providers is to equip the technologically advanced service systems.
There is an increased number of air travel across short routes among countries, such as the U.S. and Canada in North America. In addition, regions such as Europe and the Middle East & Africa show prominent growth rate due to the fast-paced growth in the airline industry. As a result, the market growth for repair and overhaul of aircraft landing gear will rise during the forecast period.
Europe is expected to grow substantially in the global aircraft landing gear repair and overhaul market during the forecast period. Since, Europe has a presence of major companies, such as Airbus, Air Safran and Lufthansa Technik. These companies offers major repair and overhaul services for the planes. The rise in the number of aircraft, it is expected that there would be larger participation of the regional companies, in providing maintenance, repair, and overhaul services for the aircraft landing gear. The aircraft landing gear repair and overhaul market is estimated to witness a CAGR of more than 6% during the forecast period from 2018 to 2023.
Key Players:
The key players in the aircraft landing gear repair and overhaul market are Lufthansa Technik (Germany), Safran (France), Delta TechOps (U.S.), AAR (U.S.), ATI Aviation Services (U.S.), Sunvair (U.S.), Aeropol Aviation Services Corp. (Canada), SUN-AIR Technic (U.S.), Aero Precision Repair & Overhaul Co., Inc. (U.S.), Czech Airlines Technics, a.s. (Czech Republic), Landing Gear Technologies, LLC (U.S.), Liebherr (Germany), American Equipment Company (U.S.), and RUAG Group (Switzerland).
The report for Global Aircraft Landing Gear Repair and Overhaul Market by Market Research Future covers extensive primary research. This is accompanied with a detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market.
The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
LIST OF TABLES:
Table 1 Global Aircraft Landing Gear Repair And Overhaul Market: By Region, 2018-2023
Table 2 North America Aircraft Landing Gear Repair And Overhaul Market: By Country, 2018-2023
Table 3 Europe Aircraft Landing Gear Repair And Overhaul Market: By Country, 2018-2023
Table 4 Asia-Pacific Aircraft Landing Gear Repair And Overhaul Market: By Country, 2018-2023
Table 5 Middle East & Africa Aircraft Landing Gear Repair And Overhaul Market: By Country, 2018-2023
Table 6 Latin America Aircraft Landing Gear Repair And Overhaul Market: By Country, 2018-2023
Table 7 Global Aircraft Landing Gear Repair And Overhaul Market, By Aircraft Type, 2018-2023
Table 8 North America Aircraft Landing Gear Repair And Overhaul Market, By Aircraft Type, 2018-2023
Table 9 Europe Aircraft Landing Gear Repair And Overhaul Market, By Aircraft Type, 2018-2023
Table 10 Asia-Pacific Aircraft Landing Gear Repair And Overhaul Market By Aircraft Type, 2018-2023
Table 11 Middle East & Africa Aircraft Landing Gear Repair And Overhaul Market By Aircraft Type, 2018-2023
Table 12 Latin America Aircraft Landing Gear Repair And Overhaul Market By Aircraft Type, 2018-2023
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At Market Research Future (MRFR) we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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