The aerospace landing gear is a structure which is installed on the aircraft to support the weight of the aircraft while it is on the ground and also allows it to land safely. The aerospace landing gear also provides mobility to the aircraft on ground or water. Aircraft require landing gear for taxiing, take-off, and landing.
Market Data Analysis:
The Landing Gear market is projected to be valued at USD 14,504 million in 2019 and is anticipated to generate revenue of USD 18,578 million by the end of 2026, progressing at a GAGR of 3.6% between 2019 and 2026. The Landing Gear market is estimated to experience a positive growth due to growing defense and military budgets and increasing demand for advanced aircraft. The increase in customer spending and preferences for air travel due to shorter travel times and higher security will further drive the growth of the market. On the contrary, the Landing Gear market can be obstructed due to the complex design and development involved in the manufacture of the landing gear. With the recovery of the global economy and the development of emerging powers, the Landing Gear market is endowed with a promising future.
Geographically, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa are the key regional segments in the Landing Gear global market. North America was the major revenue generating region in 2018 with a share of 35% and is expected to remain dominant in the coming years. The technological advancements taking place in the aircraft landing gear and the presence of key aircraft manufacturers are contributing to the growth of the market in North America. Europe is the second largest market at a share of 32%, followed by Asia-Pacific, accounting for 28%. Asia-Pacific is expected to register a GAGR of around 5.2% over the forecast timeline, owing to the proliferating air traffic across the region. The emergence of low-cost airlines and increasing affordability, and improving tourism will further support regional growth during the forecast period.
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Market Classification:
Global Landing Gear market: Type segments
l Strut Landing Gear
l Rocker Landing Gear
l Pontoon Landing Gear
l Framed Landing Gear
Global Landing Gear market: Application segments
l Land Route
l Waterway
l Amphibious
Global Landing Gear market: regional segments
l North America (United States, Canada, and Mexico)
l Europe (Germany, France, UK, Russia, and Italy)
l Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
l South America (Brazil, Argentina, Columbia)
l The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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To gain insight into the competitive landscape, the report includes an overview of key players in the Landing Gear market, including UTC Aerospace Systems, Héroux-Devtek Inc, Safran Landing Systems, APPH, Liebherr, CIRCOR Aerospace, etc. These participants have adopted various growth strategies to meet the growing demand for Landing Gear market and to increase their market share.
Landing Gear Market Intended Audience:
l Landing Gear manufacturers
l Landing Gear importers and exporters
l Landing Gear traders, distributors, and suppliers
l Raw material suppliers of Landing Gear
l Landing Gear industry associations
l Product managers, Landing Gear industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
l Government agencies and NGOs
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Landing Gear Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Landing Gear Market by Types
4 Segmentation of Landing Gear Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Landing Gear Market in Major Countries
7 North America Landing Gear Landscape Analysis
8 Europe Landing Gear Landscape Analysis
9 Asia Pacific Landing Gear Landscape Analysis
10 Latin America, Middle East & Africa Landing Gear Landscape Analysis
11 Major Players Profile
11.1 UTC Aerospace Systems
11.1.1 UTC Aerospace Systems Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Héroux-Devtek Inc
11.3 Safran Landing Systems
11.4 APPH
11.5 Liebherr
11.6 CIRCOR Aerospace
…
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