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Global Aircraft Landing Gears Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Landing gear is the undercarriage of an aircraft that is used for takeoff or landing. It is the core support of the aircraft when parked, taxiing, taking off or landing. An aircraft's landing gear is a strongly loaded component. It contributes between 3% and 6% of the aircraft's overall weight. It is a complex system consisting of structural members, hydraulics, energy absorption components, brakes, wheels and tyres. The landing gear is designed to absorb kinetic energy originated during contact with the runway, thereby reducing the impact loads transmitted to the airframe.
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North America is projected to have the highest CAGR over the forecast period, owing to the rise in orders and sales of aircraft in the region. Furthermore, the growth of the sector is primarily being driven by numerous industry participants in the region. These players are continuously investing in R&D to improve landing gear efficiency and reliability. This region also has the high proportion of consumer spending. These factors are boosting the market expansion in North America.
Some of the key players profiled in the Aircraft Landing Gears Market include Parker Hannifin Corporation, Collins Aerospace, Safran S.A., Eaton Corporation Plc, Triumph Group, Inc., Moog Inc., Beaver Aerospace & Defense, Inc., GKN Aerospace, Hawker Pacific Aerospace, Heroux-Devtek Inc, Magellan Aerospace Corporation, SPP Canada Aircraft Inc, CIRCOR International Inc., AAR Corporation, Alaris Aerospace, UTC Aerospace System and Crane Holdings Co.
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