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Top Factor Driving Commercial Aircraft Landing Gear Market Growth in 2025: Rising Global Aircraft Demand Propels Commercial Aircraft Landing Gear Market
Commercial Aircraft Landing Gear Market Outlook
A surge in demand for airplanes is projected to fuel the expansion of the commercial aircraft landing gear market. Aviation serves as a swift global transportation network that stimulates economic growth, job creation, and supports international commerce and tourism. The climb in freight and passenger air travel has amplified the acquisition of new airplanes by air transportation and cargo service suppliers worldwide. This rapid turnover in aircraft sales is anticipated to enhance the demand for landing gears, which are crucial components of each airplane. For example, the International Air Transport Association, based in Canada, reported in January 2024 that North American carriers saw a rise in annual traffic of 28.3% in 2023 compared to the previous year, with a capacity growth of 22.4%. Consequently, the swelling demand for airplanes is slated to increase the need for commercial aircraft landing gears throughout the forecast period.
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What growth opportunities are expected to drive the commercial aircraft landing gear market's CAGR through 2034?
The market size of the commercial aircraft landing gear has seen robust growth in the past few years. It is projected to expand from $9.94 billion in 2024 to a sizeable $10.8 billion in 2025, equating to a compound annual growth rate (CAGR) of 8.7%. The factors leading to this historical growth can be identified as the aging aircraft fleets, increased air travel, regulatory norms, geographical expansion, and concerns regarding passenger safety.
Expectations are high for substantial growth in the commercial aircraft landing gear market over the upcoming years, with predictions placing its value at $15.36 billion by 2029. This translates to a compound annual growth rate (CAGR) of 9.2%. Factors driving growth during the forecast period include the need for aircraft fleet expansion, focus on fuel efficiency and environmental issues, a market inclination towards wide-bodied aircraft, and an increase in demand for retrofit and maintenance. Enhancement in defense and cargo aircraft, and a surge in automation also contribute to this growth. The projection period also points to major trends such as technological innovations, the introduction of new aircraft models, an emphasis on 3D printing and additive manufacturing, usage of lightweight materials, retractable landing gear, and electric actuation.
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What are the emerging trends shaping the future of the commercial aircraft landing gear market?
Emerging as a prominent trend in the commercial aircraft landing gears market, advanced landing gear technologies are becoming increasingly popular. More and more companies are utilizing these innovative technologies to handle and disperse the landing impact's kinetic energy. Technologies such as retractable landing gear sub-systems, hydraulic systems, and controllers are being utilized to improve capabilities. These technologies allow the landing gear to aid commercial aircraft with wheel braking and controlling speed, giving the aircraft directional control. Major players in the commercial aircraft landing gears market are focusing on providing advanced solutions to fortify their market presence. For instance, in September 2023, UAVOS Inc., an aircraft products and systems manufacturer based in the US, revealed its newly enhanced and altered primary landing gear, designed for heavy-lift unmanned aircraft. The latest advancements in UAVOS production technology - such as the use of lightweight prepreg composite material and refined lay-up procedures - have been integrated into the primary landing gear design, boosting the aircraft's resilience and efficiency.
Which growth-oriented segments of the commercial aircraft landing gear market are leading the industry's development?
The commercial aircraft landing gear market covered in this report is segmented -
1) By Gear Position: Main Landing, Nose Landing
2) By Aircraft Type: Fixed Wing, Rotary Wing
3) By End-User: Commercial, Armed Forces
Subsegments:
1) By Main Landing Gear: Single Aisle Aircraft, Twin Aisle Aircraft, Regional Aircraft, Cargo Aircraft
2) By Nose Landing Gear: Single Aisle Aircraft, Twin Aisle Aircraft, Regional Aircraft, Cargo Aircraft
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What regions are leading the charge in the commercial aircraft landing gear market?
North America was the largest region in the commercial aircraft landing gear market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial aircraft landing gear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the commercial aircraft landing gear market?
Major companies operating in the commercial aircraft landing gear market include AAR Corp., Circor Aerospace Inc., Heroux-Devtek Inc., Honeywell Aerospace, Liebherr-International AG, Safran Landing Systems, Triumph Group Inc., GKN Ltd., Magellan Aerospace Corporation, Aerospace Industrial Development Corporation, Sumitomo Precision Products Co. Ltd., Heroux-Devtek UK Ltd., Parker-Hannifin Corporation, Meggitt plc, Circor International Inc., Whippany Actuation Systems, Young Poong Corporation, South Korea Aerospace Industries Ltd., RENK AG, Lufthansa Technik Landing Gear Services UK, RTX Corporation, AVIC SAC Commercial Aircraft Landing Gear Co. Ltd., ShinMaywa Industries Ltd., Elbit Systems Ltd., Moog Inc., Senior Aerospace Weston
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What Is Covered In The Commercial Aircraft Landing Gear Global Market Report?
•Market Size Forecast: Examine the commercial aircraft landing gear market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the commercial aircraft landing gear market for a structured understanding.
•Key Players Overview: Analyze major players in the commercial aircraft landing gear market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the commercial aircraft landing gear market.
•Segment Contributions: Evaluate how different segments drive overall growth in the commercial aircraft landing gear market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the commercial aircraft landing gear market.
•Industry Challenges: Identify potential risks and obstacles affecting the commercial aircraft landing gear market.
•Competitive Landscape: Review strategic developments in the commercial aircraft landing gear market, including expansions, agreements, and new product launches.
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