openPR Logo
Press release

Aircraft Gearbox Market Projected to reach $4.3 billion by 2025 | Key players include Liebherr, Safran, United Technologies Corporation and GE Aviation

09-16-2019 12:29 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets™

MarketsandMarkets

MarketsandMarkets

The report "Aircraft Gearbox Market by Application (Engine, Airframe), Gearbox Type (Reduction, Accessory, Actuation, Tail Rotor, APU), End User (OEM, Aftermarket), Aircraft Type (Civil, Military), Component (Gears, Housing, Bearing), Region - Global Forecast to 2025", is projected to grow from USD 3.3 billion in 2019 to USD 4.3 billion by 2025, at a CAGR of 4.8% during the forecast period. Increase in the procurement of new commercial and military aircraft is expected to be the primary factor driving the aircraft gearbox market.

Browse 176 market data Tables and 44 Figures spread through 182 Pages and in-depth TOC on "Aircraft Gearbox Market by Application (Engine, Airframe), Gearbox Type (Reduction, Accessory, Actuation, Tail Rotor, APU), End User (OEM, Aftermarket), Aircraft Type (Civil, Military), Component (Gears, Housing, Bearing), Region - Global Forecast to 2025"
View detailed Table of Content here -
https://www.marketsandmarkets.com/Market-Reports/aircraft-gearbox-market-241445553.html

The civil aircraft segment is projected to grow at the higher CAGR during the forecast period

By aircraft type, the aircraft gearbox market has been segmented into civil aircraft and military aircraft. Among these, the civil aircraft segment is projected to grow at the highest CAGR during the forecast period. The civil aircraft segment has witnessed significant growth over the past few years, due to the increasing air traffic and rise in the disposable income of the middle-class population across the globe. Increasing demand for new aircraft around the world is also fueling the growth of the civil aircraft segment in aircraft gearbox market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=241445553&utm_source=OpenPR

The aftermarket end-user segment is projected to grow at the highest CAGR during the forecast period

By end-user, the aircraft gearbox market has been segmented into OEM and aftermarket. The aftermarket segment is projected to grow at the highest CAGR during the forecast period. The growing commercial aircraft fleet is one of the driving factors of the aftermarket segment in aircraft gearbox market.

North America is projected to lead the market for aircraft gearbox during the forecast period

North America is estimated to account for the largest share of the aircraft gearbox market in 2019. Additionally, the market in North America is projected to capture the highest revenue share during the forecast period. The aviation & aerospace sector in the North American region is growing steadily, which has consequently created a significant demand for aircraft gearbox. The presence of major players, OEMs, and component manufacturers are some of the factors expected to boost the growth of the aircraft gearbox market in North America.

Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=241445553&utm_source=OpenPR

Some of the major players in the aircraft gearbox market include Liebherr (Switzerland), Safran (France), United Technologies Corporation (US), SKF (Sweden), GE Aviation (US), and Triumph Group (US).

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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 Aircraft Gearbox Market Projected to reach $4.3 billion by 2025 | Key players include Liebherr, Safran, United Technologies Corporation and GE Aviation here

News-ID: 1833390 • Views: 550

More Releases from MarketsandMarkets™

Logistics Automation Market Size, Trends, Drivers | 2022-2026
According to a new market research report "Logistics Automation Market by Component, Function (Warehouse and Storage Management, Transportation Management), Organization Size (SMES, Large Enterprises), Vertical (3PL, Retail and Ecommerce, FMCG, Manufacturing), and Region - Global Forecast to 2026" published by MarketsandMarkets™, size projected to grow from USD 48.4 billion in 2020 to USD 88.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period.
Enterprise Architecture Tools Market Size, Share, Forecast 2026 | Key Players- S …
According to a research report "Enterprise Architecture Tools Market by Component (Solutions and Services (Managed Services and Professional Services)), Deployment Type, Organization Size, Vertical (BFSI, IT, Manufacturing), and Region - Global Forecast to 2026" The global Enterprise architecture tools market size is expected to grow from USD 989 million in 2020 to USD 1,283 million by 2026, at a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period.
Healthcare Analytics Market - Industry Share Analysis, Key Players and Future Pr …
The Research Report on "Healthcare Analytics Market by Type (Descriptive, Prescriptive, Cognitive), Application (Financial, Operational, RCM, Fraud, Clinical), Component (Services, Hardware), Deployment (On-premise, Cloud), End-user (Providers, Payer) - Global Forecast to 2026", is projected to reach USD 75.1 billion by 2026 from an estimated USD 21.1 billion in 2021, at a CAGR of 28.9%. Increasing adoption of EHRin developing and developed countries; In the US, various federal mandates, such as the American
Neurovascular Devices Market - Industry Share Analysis, Key Players and Future P …
The Research Report on "Neurovascular Devices/Interventional Neurology Market by Product (Embolization(Coil, Flow Diverter), Stents, Balloon Occlusion Devices, Clot Retrievers, Microcatheters), Pathology (Stroke, Aneurysm, CAS, AVM) User (Hospital, ASC) - Global Forecasts to 2026", size is expected to grow from an estimated USD 2.5 billion in 2021 to USD 3.8 billion by 2026, at a CAGR of 8.6%. Increasing R&D investments in the pharmaceutical and biotechnology industry; Neurosurgeons and medical professionals are

All 5 Releases


More Releases for MarketsandMarkets

IoT Professional Services Market worth $149.9 billion by 2026 | MarketsandMarket …
According to a new market research report "IoT Professional Services Market by Service Type (IoT Consulting, IoT Infrastructure, System Designing and Integration), Organization Size, Deployment Type, Application (Smart Buildings, Smart Transport and Logistics), and Region - Global Forecast to 2026" published by MarketsandMarkets™, the market size projected to grow from USD 98.8 billion in 2020 to USD 149.9 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 7.2%
Electric Powertrain Market Insights by 2027| MarketsandMarkets
The Global Electric Powertrain Market size is projected to reach $191.4 billion by 2027, from an estimated $62.9 billion in 2019, at a CAGR of 14.9 %. The electric powertrain market is expected to witness rapid growth due to stringency in emission norms which is pushing automakers to come up with electrified powertrain technologies. Between 2025 and 2030, emission standards would require automakers to reduce CO2 emissions by 15% and
Automotive Interior Market - Global Forecast to 2025 | MarketsandMarkets
According to the new market research report "Automotive Interior Market by Component (Seat, Interior Lighting), Material (Glass Composite, Carbon Composite, Metal, Vinyl, Fabric), Autonomous Driving (Semi-autonomous, Autonomous), Electric Vehicle, Vehicle Type and Region - Global Forecast to 2025 " Published by MarketsandMarkets™, The global Automotive Interior Market is projected to reach USD 153.8 billion by 2025 from USD 123.2 billion in 2020, at a CAGR of 8.8% during the forecast
Automotive Fuse Market Insights by 2025| MarketsandMarkets
The Automotive Fuse Market is projected to grow at a CAGR of 6.84% during the forecast period, to reach $24.33 Billion by 2025 from $14.33 Billion in 2017. The market is estimated to grow in the near future owing to various factors such as an increase in vehicle production, growing electrification, growing importance of safety & comfort features in mid-segment vehicles which will lead to increase in the number of
Global Connected Car Market by 2025| MarketsandMarkets
According to recent research "Connected Car Market by Service (Connected Services, Safety & Security, and Autonomous Driving), Form (Embedded, Tethered, and Integrated), Network (DSRC, and Cellular), End Market, Transponder, Hardware, and Region - Global Forecast to 2025", The global connected car market is estimated to be USD 72.89 billion in 2017 and is projected to reach USD 219.21 billion by 2025, at a CAGR of 14.8% from 2017 to 2025.
Vehicle Diagnostics Market by Vehicle Type, Application, Connectivity - 2021 | M …
The report "Vehicle Diagnostics Market by Vehicle Type, Application (Automatic Crash Notification, Vehicle Tracking, Vehicle Health Alert & Roadside Assistance), Connectivity (3G, 4G LTE, Wi-Fi, Bluetooth), Region, & Aftermarket (Vehicle Type & Region) - Forecast to 2021", The vehicle diagnostics market is projected to reach a market size of USD 30.22 Billion by 2021, growing at a CAGR of 16.79% from 2016 to 2021. Stringent emission norms, the rising demand