Press release
Aircraft Landing Gear Market Size, Share and Emerging Trends, Forecast 2024-2032
Aircraft Landing Gear Market
This information is published by Fortune Business Insightsโข, in its report, titled, "Aircraft Landing Gear Market Size, Share, and 2024-2032."
The aircraft landing gear market plays a crucial role in the aerospace industry, providing essential support for aircraft during landing, takeoff, and ground operations. Valued at USD 11.53 billion in 2023, this market is expected to grow significantly, driven by increasing air travel demand and advancements in aviation technology. Landing gear systems are designed for durability and reliability, ensuring passenger safety while minimizing maintenance costs. As aircraft manufacturers explore new designs and materials, the market is witnessing innovations that enhance performance and reduce weight. With rising investments in research and development, the aircraft landing gear market is set to evolve, aligning with the broader trends of sustainability and efficiency in the aviation sector.
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐:
https://www.fortunebusinessinsights.com/enquiry/sample/aircraft-landing-gear-market-101815
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ
AAR Corporation (U.S.)
Alaris Aerospace (U.S.)
CIRCOR International Inc. (U.S.)
Collins Aerospace (U.S.)
GKN Aerospace (U.K.)
Hawker Pacific Aerospace (U.S.)
Heroux-Devtek Inc. (Canada)
Liebherr Group AG (Germany)
Magellan Aerospace Corporation (Canada)
Safran SA (France)
SPP Canada Aircraft Inc. (Canada)
Triumph Group Inc. (U.S.)
๐๐๐๐๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ
๐๐ง๐ง๐ฎ๐ฅ๐ฅ๐๐ ๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐ซ๐๐๐ซ๐ฌ ๐๐ฆ๐ข๐ ๐๐๐๐๐-๐๐ ๐ญ๐จ ๐๐๐๐๐๐ญ ๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐๐ญ๐๐ฌ
The COVID-19 pandemic has influenced all industries, sectors and all features of human lives with distressing economic as well as fiscal damages and substantial indecisions. The aviation industry perceived a noteworthy deterioration owing to the complete lessening of air passengers traffic (both international and domestic) varying from 60% in 2020 in comparison with 2019.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐
The report presents a detailed study of the market including current trends and future predictions to estimate investment gains. An in-depth analysis of any upcoming opportunities, threats, competitions or driving factors is also mentioned in the report. Step by step, thorough regional analysis is offered.
The COVID-19 impacts have been added to the report to help investors and business owners understand the threats better. The top players in the market are identified, and their strategies to bolster the market growth are shared in the report.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง: ๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐๐ง๐๐ข๐ง๐ ๐๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ
On the basis of type, the aircraft landing gear market is classified into nose landing gear and main landing gear.
By platform, the market is categorized into fixed-wing and rotary-wing aircraft types.
In terms of arrangement type, the market is divided into the tail wheel, tandem, and tri-cycle.
On the basis of end-user, the market segments comprises OEM and aftermarket.
By components, the market is characterized into retraction systems, brakes & wheels, steering, and others. The retraction system segment is estimated to dominate the market and grow at a high CAGR during the forecast period.
๐๐ฌ๐ค ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/aircraft-landing-gear-market-101815
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ซ๐จ๐๐ฎ๐ซ๐๐ฆ๐๐ง๐ญ ๐จ๐ ๐๐จ๐๐๐ซ๐ง ๐๐๐ง๐๐ซ๐๐ญ๐ข๐จ๐ง ๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐ญ๐จ ๐๐ซ๐จ๐ฉ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The acquirement of modern generation aircraft has risen owing to their enhanced features and fuel-proficiency. Furthermore, the increasing demand for fleet expansion and the rising of low cost and ultra-low cost carrier the market is experiencing exponential rise in orders for commercial aircraft, which is anticipated to boost the market for landing gear.
Furthermore, the rising expenditure for military aircraft by nations to reinforce defense competences is also projected to assist with the aircraft landing gear market growth.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ญ๐จ ๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐๐ซ๐ ๐๐๐๐ค๐๐ ๐๐ฒ ๐๐ญ๐ซ๐จ๐ง๐ ๐๐ซ๐๐ฌ๐๐ง๐๐ ๐จ๐ ๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐๐ค๐๐ซ๐ฌ
North America stood at USD 3.85 billion in 2020 and is expected to hold the majority of the aircraft landing gear market share. This region dominated the global landing gear market in 2020.
The market in Europe is anticipated to grow reasonably owing to the occurrence of noticeable vital players and OEMs such as Airbus, Leonardo Spa, and Safran SA.
The aircraft landing gear market in Asia Pacific is anticipated to display significant growth owing to amplified defense expenditure on military aviation.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐๐ฌ ๐๐ฒ ๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ญ๐จ ๐๐ง๐๐จ๐ฎ๐ซ๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The leading players in the market constantly opt for competent strategies to reinforce their brand value as well as endorse the global market growth of the product with encountering least possible hindrances. One such competent strategy is attaining competitive companies and further fortifying a profit for both the companies.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐ ๐๐จ๐ฐ:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/aircraft-landing-gear-market-101815
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ
August 2021: Precision Aviation Group, Inc. (PAG), which is a dominating supplier of aerospace and aviation products has declared that it has procured Trace Aviation (TA), based in Jackson, Mississippi, U.S.
๐๐๐๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Aircraft Sensors Market
https://www.fortunebusinessinsights.com/industry-reports/aircraft-sensors-market-101816
Airborne Fire Control Radar Market
https://www.fortunebusinessinsights.com/airborne-fire-control-radar-market-104048
Automatic Dependent Surveillance Broadcast Market
https://www.fortunebusinessinsights.com/automatic-dependent-surveillance-broadcast-ads-b-market-103355
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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