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Aerospace Landing Gear Market 2019: Industry Growth, Competitive Analysis, Future Prospects And Forecast 2024
Aerospace Landing Gear Market
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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.
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.
OEM leads industry with system installation during airplane fabrication. Companies are focusing on landing system configurations including load factors and sink rate to confirm to airworthiness regulations. Aftermarket aerospace landing gear market will witness over 7% CAGR with maintenance requirement after defined intervals. Industry players are focusing on aftermarket to support airliners' operations and boost their revenue.
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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.
Glimpse of Table of Content (ToC): -
Chapter 4 Aerospace Landing Gear Market, By Position
4.1 Aerospace landing gear industry share by position, 2017 & 2024
4.2 Main landing gear
4.2.1 Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
4.2.2 Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
4.3 Nose/Tail landing gear
4.3.1 Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
4.3.2 Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
Chapter 5 Aerospace Landing Gear Market, By Arrangement
5.1 Aerospace landing gear industry share by arrangement, 2017 & 2024
5.2 Tail wheel
5.2.1 Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
5.2.2 Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
5.3 Tandem
5.3.1 Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
5.3.2 Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
5.4 Tri-cycle
5.4.1 Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
5.4.2 Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
.2 Market estimates and forecast, by region, 2013 – 2024, (USD Million)
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/aerospace-landing-gear-market
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