North America Aircraft Gearbox Market to Account Significant Industry Share By 2025
Asia Pacific aircraft gearbox market share will witness significant growth on account of growing air passenger travel across the region. Increasing aircraft deliveries along with expansion of flight network routes are further boosting the regional share. For instance, in March 2019, the region accounted for 53 commercial aircraft deliveries, thereby supporting the market share growth over the study timeframe.
Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/3295
Based on aircraft, the aircraft gearbox market share can be segmented into commercial aircrafts, military, regional aircrafts, business jets, and helicopters. The growth in the helicopters can be credited to the benefits offered including vertical landing & take-off along with the capability to hover across certain areas. Moreover, the compact size of helicopters makes them ideal for specialized missions along with supporting emergency and relief operations.
Based on type, the aircraft gearbox market size is categorized into reduction, actuation, accessory, auxiliary power unit, and tail rotor. The growth in the aircraft reduction gearbox can be attributed to the rising requirement for such gearboxes to control the engine rpm along with optimizing propeller rotation speed to maintain aircraft efficiency. Additionally, the usage of different types of gears including planetary, spur & pinion, and bevel planetary gear based on applications and requirements of the aircraft engines further accentuates the segment demand.
Get this report Customized to your requirements @ https://www.gminsights.com/roc/3295
Based on fit, the aircraft gearbox market share is classified into line fit & retrofit. The growth in the retrofit segment can be attributed to the increasing requirements for maintenance and replacements of gears over a certain timeframe. Stringent government regulations mandating MRO of aircrafts after certain flight cycle, thereby supporting the segment growth. Moreover, the continuous operations of gearbox over diversified operating environment contributes towards wear and tear, thereby accelerating the retrofit market size over the projected timeframe.
Few of the major players operating in the aircraft gearbox market share include Aero gearbox International, CEF industries, LLC, The Boeing group, The Liebherr group, North star aerospace, and Safran S.A. Industry players are engaged in strategic mergers and acquisitions for improving their market share. For instance, in December 2015, ZF announced the acquisition of the wind turbine gearbox and industrial gears business segment from Bosch Rexroth.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
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.
This release was published on openPR.
Permanent link to this press release:
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 North America Aircraft Gearbox Market to Account Significant Industry Share By 2025 here
News-ID: 1896153 • Views: 124
More Releases from Global Market Research
Automotive Microcontrollers Market 2020 In-Depth Analysis of Industry Growth Tre …
Asia Pacific automotive microcontrollers market dominated the overall industry share in 2016 and is expected to continue with the same trend. This growth is attributed to rapid vehicle electrification in the Chinese market in two-wheeler as well as four-wheeler segments. Upcoming new and stringent regulations will support the automotive microcontroller market growth in the region. Passenger cars is projected to have largest automotive microcontrollers market share in 2024 owing to rising
Aerospace Auxiliary Power Unit Market Report, Growth Forecast, Industry Statisti …
Aerospace auxiliary power unit market share can be segmented based on the aircraft as military aircraft, commercial aircraft and rotary copter. Rising flight affordability has fueled passenger density supporting the product demand. Moreover, rising passenger traffic owing to increasing travel and tourism will positively influence the product penetration from commercial aircraft. Commercial aircrafts will witness strong demand owing to growth in air passengers during the past few years. Increasing demand for
Digital Out of Home Market 2020 Regional Trend | Growth Projections to 2025
By vertical, the digital out of home market is segmented into commercial, infrastructural and institutional. The commercial vertical is anticipated to hold a major share in the digital out of home industry owing to rapid infrastructure expansions and technological innovations in displays. Interactive billboards and kiosks play a major role in the healthcare, hospitality and retail sectors where high priority is given to customer engagement. Moreover, surge in utilization of
Cleaning Robot Market to Grow Considerably Via Floor-Cleaning Segment By 2025
The cleaning robot market is segmented as floor-cleaning, lawn-cleaning, pool-cleaning, and window-cleaning. The floor-cleaning segment is anticipated to grow considerably owing to the growing acceptance of these devices in the residential sector. These are equipped with sensors and navigation control systems to prevent collisions and detect obstacles. Moreover, they can also capture images and videos. Vacuum cleaners attached to the robots coupled with cameras mounted on them help in the
More Releases for Aircraft
Light Aircraft Market Is Booming| Diamond Aircraft, Piper Aircraft, TECNAM
A latest survey on Global Light Aircraft Market is conducted covering various organizations of the industry from different geographies to come up with 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition is facing along with gap analysis and new opportunity available and may trend in Light Aircraft market. The report bridges the historical data from
Global Aircraft Battery Market
Global Aircraft Battery Market – Industry Analysis and Forecast (2018-2026) – by Type, Application, Aircraft Type, and Region. Global Aircraft Battery Market was valued at US$ 478.21Mn in 2017 and is expected to reach US$ 900.32Mn by 2026, at a CAGR of 8.23% during a forecast period. A battery is a device containing one or more cells that convert chemical energy directly into electrical energy. Major driving factors of the Aircraft Battery
Aircraft Tyres Market key players Bridgestone Corporation, Dunlop Aircraft Tyres
Aircraft tyres are one of the most highly engineered products having significant complexity which require large number of raw materials pertaining to steel, cord fabric, artificial and natural rubber and other chemicals. Aircraft tyres have cords which serve as the reinforcing materials in the tyre that provide dimensional stability, supporting the aircraft weight, as well as keeping the tyres in shape different road conditions. Aircraft tyres play a vital role
Use of Targeting Pods in Fighter Aircraft & Ground-Attack Aircraft
Targeting pods are target designation tools used by fighter aircrafts and ground-attack aircraft for surveillance, ground attacks, and to auto-track targets. Targeting pods have advance laser imaging sensors that aids in high quality image processing with superior quality digital video output. Increasing adoption of embedded targeting systems by aircraft manufacturers is a key factor hampering growth of the global targeting pods market. In addition, technical glitches and concerns regarding reliability of
Light Aircraft Market Report 2018 Companies included Cirrus Aircraft, Diamond Ai …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: email@example.com ********* This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides
Global Light Aircraft Market 2017 - Cirrus Aircraft, E-Go Aeroplanes, ICON Aircr …
A light aircraft is an aircraft that has a maximum gross takeoff weight of 12,500 lb (5,670 kg) or less. The many uses of light aircraft include aerial surveying, such as monitoring pipelines. They are also used for light cargo operations, such as "feeding" cargo hubs, as well as some passenger operations. Light aircraft are also used for marketing purposes, such as banner towing and skywriting. Primary flight instruction is