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Aircraft Landing Gear Global Market $18.48 Billion at a CAGR of 9.3% By 2027 | Safran, Collins Aerospace, Liebherr, Triumph Group, AAR Corporation
Aircraft Landing Gear Market
The Business Research Company's Aircraft Landing Gear Global Market Report 2023 identifies 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%.
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Major players in the aircraft landing gear market are 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.
Technological advancements in the aircraft landing gear are the key trend being followed by the companies operating in the market. Companies are focusing on manufacturing lighter landing gears with lower complexity.
Read More On The Global Aircraft Landing Gear Market Report Here:
https://www.thebusinessresearchcompany.com/report/aircraft-landing-gear-global-market-report
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.
The Business Research Company's "Global Aircraft Landing Gear Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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
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