According to a market report by Lucintel, the future of the global aerospace landing gear market looks promising with opportunities in the OEM and aftermarket. The global aerospace landing gear market is expected to reach an estimated $9.3 billion by 2030 from $6.5 billion in 2024, at a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are rising air traffic, along with tightened government air safety standards, increasing airplane technological growth and innovation, rapid increase in the aviation and aerospace sector, as well as, growing technological investment towards the infrastructure improvement of the aerospace sector.
A more than 150-page report to understand trends, opportunity and forecast in aerospace landing gear market to 2030 by position (main landing gear and nose/tail landing gear), aircraft type (commercial aircraft, general aircraft, and military aircraft), arrangement (tail wheel, tandem, and tri-cycle), end use (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that main landing gear will remain the larger segment over the forecast period due to minimum volume, minimum weight for high performance, and longer gear system life are required.
Within this market, OEM will remain the larger segment due to expansion of fleets by airlines and military operators.
North America will remain the largest region over the forecast period due to large number of aircraft manufacturers and a high prevalence of airports handling heavy traffic, as well as, increasing orders and aircraft sales across the region.
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GKN Aerospace Services, Safran Landing Systems, AAR, Liebherr Group, Triumph Group, Eaton, SPP copyright Aircraft, Whippany Actuation Systems, CIRCOR Aerospace, Magellan Aerospace are the major suppliers in the aerospace landing gear market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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