Press release
Aircraft Gearbox Market Trends, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2031 | Liebherr, Safran, Triumph Group, Northstar Aerospace
Aircraft Gearbox Market
An aircraft gearbox is a type of gearbox that is used on aircraft. Gearboxes are used to change the speed and torque of a rotating shaft, and they are often used to change the direction of rotation as well. Aircraft gearboxes are used to change the speed of the propeller, and they are also used to change the direction of rotation of the propeller. Gearboxes are also used to change the pitch of the propeller blades.
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Key Trends
The key trends in aircraft gearbox technology are higher power density, higher reliability, lower weight, and lower cost.
Higher power density is achieved through the use of smaller and lighter weight gears, bearings, and seals.
Higher reliability is achieved through the use of stronger and more durable materials, better lubrication, and improved seals. Lower weight is achieved through the use of lighter weight materials and smaller components.
Lower cost is achieved through the use of more efficient manufacturing processes and the use of more readily available materials.
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Key Drivers
The main drivers of the aircraft gearbox market are the increasing demand for aircraft, the need for fuel efficiency, and the need for lighter aircraft.
The aircraft gearbox market is also driven by the increasing demand for aftermarket services and the need for maintenance and repair services.
Market Segments
The aircraft gearbox market is segmented by application, type, end-use, and region. By application, the market is divided into engine, and airframe. Based on type, it is bifurcated into accessory, actuation, reduction, and others. On the basis of end-use, the market is classified into OEM, and aftermarket. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.
Key Players
The global aircraft gearbox market includes players such as Liebherr, Safran, Triumph Group, Northstar Aerospace, CEF Industries, LLC, Aero Gearbox International, Aero Gear, GE Aviation, United Technologies, Avion Corporation, and others.
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Reasons to buy Aircraft Gearbox Market Report:
• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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