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Aircraft Landing Gear Market 2022 - Industry Outlook, Segmentation, Growth And Demand Analysis, And Forecast To 2031
Aircraft Landing Gear Market
The regions covered in the aircraft landing gear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Among these regions, North America accounts for the largest aircraft landing gear market share.
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The aircraft landing gear market consists of sales of landing gear by entities (organizations, sole traders, and partnerships) that are used in both takeoff and landing in aircrafts. Aircraft landing gears is the undercarriage of an aircraft which supports the aircraft to take off, land, and taxi without any damage. It generally consists of structural members, hydraulics, energy absorption components, brakes, wheels, and tires and provides direct control of the aircraft through the provisions of integrating supportive systems for the aircraft.
Key competitors in the aircraft landing gear market include Safran, Collins Aerospace, Liebherr, Sumitomo Precision Products Co. Ltd, Triumph Group, AAR Corporation, CIRCOR International Inc, GKN Aerospace Services Ltd., Magellan Aerospace Corporation, SPP Canada Aircraft Inc, Hawker Pacific Aerospace, Revima Group, Meggitt PLC, Parker-Hannifin Corporation, Crane Co. and Moog Inc.
The global aircraft landing gear market size is expected to grow from $10.77 billion in 2021 to $11.56 billion in 2022 at a compound annual growth rate (CAGR) of 7.34%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global aircraft landing market size is expected to reach $16.06 billion in 2026 at a CAGR of 8.57%.
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TBRC's report segments the global aircraft landing gear market:
1) By Gear Type: Main Landing Gear, Nose Landing Gear
2) By Aircraft Type: Fixed Wing, Rotary Wing
3) By End-User: OEM, Aftermarket
Read Further On The Aircraft Landing Gear Market Here:
https://www.thebusinessresearchcompany.com/report/aircraft-landing-gear-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Aircraft Landing Gear Market Characteristics
3. Aircraft Landing Gear Market Trends And Strategies
4. Impact Of COVID-19 On Aircraft Landing Gear
5. Aircraft Landing Gear Market Size And Growth
.....
27. Aircraft Landing Gear Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aircraft Landing Gear Market
29. Aircraft Landing Gear Market Future Outlook and Potential Analysis
30. Appendix
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