1. What is the projected Compound Annual Growth Rate (CAGR) of the Aircraft Landing Gear Market?
The projected CAGR is approximately 5.7%.
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Aircraft Landing Gear MarketAircraft Landing Gear Market by Type (Nose Landing Gear, Main Landing Gear), by Platform (Fixed-Wing, Rotary Wing), by Arrangement (Tail Wheel, Tandem, Tri-Cycle), by Component (Retraction System, Brakes & Wheels, Steering, Others), by End-User (OEM, Aftermarket), by By Geography (North America) Forecast 2026-2034
The Aircraft Landing Gear Market size was valued at USD 9.88 USD billion in 2023 and is projected to reach USD 14.56 USD billion by 2032, exhibiting a CAGR of 5.7 % during the forecast period. The landing gear of an aircraft can be defined as the part of the aircraft which is used to provide support when the aircraft is on the ground and it allows it to move on the ground, take off and land. It is comprised of wheels, struts, and other parts as well. Different types of landing gears are used and these include the tricycle, tailwheel and tandem ones depending on the type of aircraft in question as well as the intended usage. These may include a shock absorbing system, foldability for reduced air resistance and a strong structure to bear the impact forces experienced during landing. It is implemented in the commercial, military and private aviation sectors for safe and effective operations and missions. Advantages of modern landing gear systems include increased safety, improved operational performance, and flexibility. Landing gear helps to maintain the distribution of the aircraft’s weight and offers stability during the ground maneuvering which contributes to smooth landings and take-offs as well as reducing the stress on the aircraft structure.
Type:
Platform:
Arrangement:
Component:
End-User:
This report provides a comprehensive overview of the aircraft landing gear market, including:
The Asia Pacific region continues to exhibit strong growth potential due to rapidly expanding air travel demand and the proliferation of low-cost carriers. The region also benefits from significant investment in infrastructure and technological upgrades.
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.7% from 2020-2034 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 5.7%.
Key companies in the market include 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.).
The market segments include Type, Platform, Arrangement, Component, End-User.
The market size is estimated to be USD 9.88 USD billion as of 2022.
Surge in Adoption of Cost-Effective and Fuel Efficient Aircraft is Refueling the Market Growth.
N/A
Safety Concerns Related to Landing Gear Systems to Hamper Market Growth.
Development of lightweight materials Integration of advanced sensors and actuators Implementation of predictive maintenance techniques
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The market size is provided in terms of value, measured in USD billion and volume, measured in K Units.
Yes, the market keyword associated with the report is "Aircraft Landing Gear Market," which aids in identifying and referencing the specific market segment covered.
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