Aircraft Landing Gear Market Trends & Forecast To 2028 | Key Players - Hroux-Devtek, Safran, GKN Aerospace, Magellan Aerospace

The Aircraft Landing Gear Market is expected to promise high growth owing to an Increase in air passenger traffic in recent years. Increasing demand from applications including commercial, the defense is predicted to drive the expansion of airplane landing gear market.

Landing gear is the carriage underneath of a spacecraft or aircraft used either for landing or take-off. Generally speaking, wheels are used which floats, skis and combinations of these and other elements are arranged depending on the surface and whether the craft is only operating vertically or likely to taxi along the surface. Usually the faster aircraft have retractable undercarriages which fold off during the flight to decrease the drag or air resistance. Usually, the landing gears are designed to maintain the vehicle only after flight, and are not used for surface movement or take-off.

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Segmentation for better understanding of this market and its growth prospects:

Market Segmentation:
By Landing Gear Position Type:
o Main
o Nose

By Landing Surface:
o Snow
o Ground
o Water

By Platform:
o Fixed wing
o Rotary wing

By Aircraft Type:
o Narrow Body Aircraft
o Wide Body Aircraft
o Very Large Aircraft
o Regional Transport Aircraft

By Application:
o Commercial
o Defense

Aircraft undercarriages market by landing gear position type are often segmented by two types namely main and nose. By platform, the market is segmented by fixed wing and rotor blade. By surface, the markets are often segmented by snow, ground, and water. The undercarriage design depends on the aircraft type like narrow-body/single-aisle aircraft, medium wide body aircraft, large wide body aircraft , and regional transport airport. Narrow-body aircraft with high demand commercial transport are expected to dominate the undercarriage market by aircraft type. By application, the undercarriage market is segmented by commercial and defense.

Some of the key Impact Factors:

o Increase in air passengers traffic
o Government investments in the defense sector

This sector has seen many primary innovations by major companies including

1) Hroux-Devtek Inc.
2) Safran S.A.
3) Liebherr-International AG
4) GKN Aerospace
5) United Technologies Corporation
6) Magellan Aerospace Corporation
7) AAR Group
8) Safran Landing Systems

With an emphasis on both organic and inorganic growth strategies. Developing regions like Asia Pacific and the Middle East were among the high-potential markets with strong growth in some of the key economies.

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Regional fragmentation to understand growth patterns:

The Aircraft Landing Gear Market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. The rest of the planet includes South America and Africa. With the involvement of big manufacturers and high market demand, North America and the European region have been typical regions for the aerospace & defense industry. In addition, these regions have been proactive in terms of technological and research advances. This is one of the key factors that govern the demand for markets for aircraft landing gear during the forecast period. Major countries in these regions include US, France, UK, Germany, Italy, Russia, Canada, and So on. This sector is one among the key contributors to the economies within the region.

Asia Pacific to show a rapid growth in the Aircraft Landing Gear Market

It is estimated that Asia Pacific is the fastest growing region, with increased spending on defense and space research. With the emergence of some of the fastest growing economies like India and China, during the forecast period this area is expected to be a major market for aircraft landing gear train. Other key countries within the region include South Korea, Japan, and Australia. The Middle East region promises a high potential demand for airplane landing gear market during the forecast period. Major countries are the UAE, Saudi Arabia, Iran, Israel, and others in this region. The rest of the planet is an emerging aircraft landing gear market with demand in the forecast period from countries including South Africa, Brazil, Argentina, Nigeria, etc.

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By Region:
North America
o By Country (US, Canada, Mexico)
o By Landing Gear Position Type
o By Landing Surface
o By Platform
o By Aircraft Type
o By Application

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Europe)
o By Landing Gear Position Type
o By Landing Surface
o By Platform
o By Aircraft Type
o By Application

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe
o By Landing Gear Position Type
o By Landing Surface
o By Platform
o By Aircraft Type
o By Application

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Landing Gear Position Type
o By Landing Surface
o By Platform
o By Aircraft Type
o By Application

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Landing Gear Position Typ
o By Landing Surface
o By Platform
o By Aircraft Type
o By Application

Rest of the World
o By Region (South America, Africa)
o By Landing Gear Position Type
o By Landing Surface
o By Platform
o By Aircraft Type
o By Application

Reasons to buy this report:
o Market size estimation of aircraft landing gear market on a regional and global basis
o The unique research design for market size estimation and forecasts
o Profiling of the major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet the specific requirements:
o By segment
o By sub-segment
o By region/ country

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This release was published on openPR.