Press release
Aircraft Landing Gear Market 2023 : By Industry Trends, Top Companies And Forecast 2032 | Safran, Collins Aerospace, Liebherr, Triumph Group, AAR Corporation
Aircraft Landing Gear Market Growth
As per the aircraft landing gear market report by The Business Research Company, The increase in procurement of modern generation aircraft is expected to propel the growth of the aircraft landing gear market. Due to increasing demand for commercial and cargo aircraft worldwide and increasing investments in defense equipment across countries, the demand for landing gear is increasing, which is expected to drive the aircraft landing gear market.
The global aircraft landing gear market size grew from $11.77 billion in 2022 to $12.97 billion in 2023, at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aircraft landing gear market size is expected to grow to $18.48 billion in 2027 at a CAGR of 9.3%.
Read More On The Aircraft Landing Gear Market Report Here:
https://www.thebusinessresearchcompany.com/report/aircraft-landing-gear-global-market-report
Major 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 Aircraft Landing Gear market is segmented -
By Gear Type: Main Landing Gear, Nose Landing Gear
By Aircraft Type: Fixed Wing, Rotary Wing
By End User: OEM, Aftermarket
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Aircraft Landing Gear market.
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Aircraft landing gear is the undercarriage of an aircraft that 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.
The Table Of Content For The Aircraft Landing Gear Market Include:
1. Executive Summary
2. Aircraft Landing Gear Market Characteristics
3. Aircraft Landing Gear Market Trends And Strategies
4. Aircraft Landing Gear Market - Macro Economic Scenario
5. Aircraft Landing Gear Market Size And Growth
….........
26. Africa Aircraft Landing Gear Market
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
The "Global Aircraft Landing Gear Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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