Press release
What's driving the Aerospace Landing Gear Market trends? 2019-2024 Major Key Company Profiled is Triumph Group, UTC Aerospace Systems, Safran, Magellan Aerospace Limited, Liebherr Group, GKN Aerospace, Eaton
Get Sample Copy of This Research Report @ https://www.gminsights.com/request-sample/detail/2343
Commercial aviation will account for over 80% market size owing to the substantial growth of commercial airline services and increasing air passenger traffic & tourism across the globe. The airliners are increasing narrow-body aircrafts to enhance fuel-efficiency and lower operational costs. General aviation aerospace landing gear market share will register over 6% CAGR with rising demand for regional jets. The aircraft is widely used for connection between airfield and network carrier hubs. Wide availability of domestic network will induce positive impact on the regional jets.
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
Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/2343
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.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/aerospace-landing-gear-market
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.
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.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/
This release was published on openPR.
Permanent link to this press release:
Copy
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 What's driving the Aerospace Landing Gear Market trends? 2019-2024 Major Key Company Profiled is Triumph Group, UTC Aerospace Systems, Safran, Magellan Aerospace Limited, Liebherr Group, GKN Aerospace, Eaton here
News-ID: 1646673 • Views: …
More Releases from Global Market Insights
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers.
Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several…
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies.
Meanwhile, yet other company, Boston Metal has declared having raised over USD 20…
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against…
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses.
Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet…
More Releases for Aerospace
Aerospace Composites Market Future Growth Insight And Competitive Outlook 2025 | …
The Global Aerospace Composites Market is expected to reach USD 57.04 billion by 2025, from USD 26.90 billion in 2017, growing at a CAGR of 9.4% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.Global Aerospace Composites Market, By Fibre Type (Carbon, Glass, Ceramic),…
Aerospace Lavatory System Market Outlook to 2027 - Jamco, Yokohama Aerospace Ame …
An aircraft lavatory is a type of small room in flights which have toilet and sink for crew members and passengers. These offers necessary services and amenities while travelling. Factors responsible to drive the growth of aerospace lavatory system is increase in the number of passengers has raised the demand for more commercial aircraft equipped with advance lavatory system. This factor is accountable to drive the aerospace lavatory system market…
Aerospace Evacuation Market 2025 By Top Key Players UTC Aerospace Systems, Zodia …
Asia Pacific will witness a significant growth rate in the aerospace evacuation market place over the forecast timeframe. This is attributed to the increasing air travel coupled with investments in aviation industry across the region. International Air Transport Association (IATA) estimates that the region will have around 3.5 billion passengers by 2036.
Europe aircraft evacuation market holds substantial share with the expansion of airlines. In August 2018, Wizz Air announced expansion…
Aerospace Lavatory System Market Outlook to 2027 - Percival Aviation, Zodiac Aer …
The Aerospace Lavatory System Market research report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Poter's five forces analysis.
Factors responsible to drive the growth of aerospace lavatory system is increase in the number of passengers has raised the demand for more commercial aircraft equipped…
Aerospace Control Surface Market - Spirit AeroSystems, Aernnova Aerospace, GKN A …
North America aerospace control surface market size is expected to lead owing to presence of key manufacturers in the region. Europe led by Germany, France, UK and Russia is estimated to witness significant growth in aerospace control surface market during the forecast timeframe. Advancement in technology with implementation of light weight composites allowing improved efficiency of aircraft will support the overall industry demand.
Aerospace control surface market can be segmented based…
Global Aerospace & Defense C-Class Parts Market 2017 -Lisi Aerospace, LMI Aerosp …
Apex Research, recently published a detailed market research study focused on the "Aerospace & Defense C-Class Parts Market" across the global, regional and country level. The report provides 360° analysis of "Aerospace & Defense C-Class Parts Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Aerospace & Defense C-Class Parts industry, and…
