What’s driving the Aerospace Landing Gear Market trends? | Key Players are Safran Landing Systems, AAR Corporation, GKN Aerospace Services, Liebherr Group, Triumph Group, and Eaton

Growing aircraft fleet to accommodate passengers will enhance aerospace landing gear market over study timeframe. Rising air travel preferences owing to better safety and less duration is increasing flight iterations. Aviation industry players are undergoing facility expansion to overcome previous production backlog. In 2017, major manufacturers such as Airbus and Boeing have backlog of over 7,000 and 5,500 aircrafts respectively.

Aviation regulatory organizations including Civil Aviation Safety Authority (CASA) and Federal Aviation Authority (FAA) are laying stringent regulations for their fitment and maintenance. For instance, FAR 14 CFR provides regulations for performance, controllability and maneuverability. Airline operators are adopting innovative technologies such as electric actuation to enhance their performance thereby accelerating aerospace landing gear market growth.

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Design and development challenges will restrict aerospace landing gear market over forecast period. The design requires system with minimum weight, volume, high performance, improved life and reduced life cycle cost. Further, these challenges need to meet while adhering to regulatory safety requirements by employing advanced materials, processes, analysis and production methods.

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.

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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.

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.

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3 Aerospace Landing Gear Industry Insights

3.1 Industry segmentation
3.2 Industry landscape, 2013 – 2024
3.3 Industry ecosystem analysis
3.3.1 Component suppliers
3.3.2 Manufacturers
3.3.3 Profit margin analysis
3.3.4 Distribution channel analysis
3.3.5 End-users
3.3.5.1 OEM
3.3.5.2 MROs
3.3.6 Vendor matrix
3.4 Technology landscape
3.4.1 Brake System
3.4.2 Nose Wheel Steering System
3.4.3 CAX Technologies
3.4.4 Maintenance
3.4.4.1 Health monitoring
3.4.4.2 Wireless sensor network
3.4.4.3 RFID Technology
3.5 Information on the MRO market
3.5.1 Changing trend from heavy overhaul to on-condition MRO
3.5.2 MRO spend comparison between Boeing & Airbus Aircraft
3.6 Pricing trends
3.6.1 By region
3.6.1.1 North America
3.6.1.2 Europe
3.6.1.3 Asia Pacific
3.6.1.4 Latin America
3.6.1.5 MEA
3.6.2 Overhaul pricing trends, by region
3.6.2.1 North America
3.6.2.2 Europe
3.6.2.3 Asia Pacific
3.6.2.4 Latin America
3.6.2.5 MEA
3.7 Cost structure analysis
3.8 Regulatory landscape
3.8.1 North America
3.8.1.1 FAA Federal Aviation Regulations (FARS, 14 CFR)
3.8.1.2 AC 25.729-1
3.8.2 Europe
3.8.2.1 European Technical Safety Order - C135
3.8.2.2 CS 26.200
3.8.2.3 Working Arrangement on Airworthiness Certification (WA-AC)
3.8.3 Asia Pacific
3.8.3.1 Indian policies
3.8.3.2 Main landing gear junction box maintenance requirements, Australia
3.8.3.3 Civil Aviation Maintenance of China
3.8.3.3.1 CCAR-145R3
3.8.3.3.2 CCAR-66R1
3.8.3.3.3 CCAR-135
3.8.3.3.4 CCAR-147
3.8.4 Latin America
3.8.4.1 RBAC 43
3.8.4.2 AC 21-2J
3.8.5 Middle East & Africa
3.8.5.1 Civil Aviation Act
3.8.5.2 Qatar Civil Aviation Regulations
3.8.5.3 Dubai Civil Aviation Policy

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

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

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