Reliable Data You Can Trust
Reliable Data You Can Trust
A recent
report published by Infinium Global Research on commercial aircraft landing
gear market provides an in-depth analysis of segments and sub-segments in the
global as well as regional commercial aircraft landing gear market. The study
also highlights the impact of drivers, restraints, and macro indicators on the
global and regional commercial aircraft landing gear market over the short term
as well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of global commercial aircraft landing gear market.
According to the report, the global commercial aircraft landing gear market is
projected to grow at a CAGR of 5.9% over the forecast period of 2019-2025.
The landing
gear is one of the most visible systems on aircraft. Aircraft landing gear
consists of wheels equipped with simple shock absorbers, or more advanced
air/oil oleo struts, for runway and rough terrain landing. An important role of
the landing gear system is to absorb aircraft load during the landing and
provide a suspension system while take-off and landing. It needs to be
retractable to provide acceptable aerodynamic loading also carries the primary
braking system as well to provide an all wheels on the ground steering system.
The growing
number of fleets production and growing demand for aircraft as a way of
transportation are the driving factor for the growth of the global commercial
aircraft landing gear market. Rising demand for unmanned aerial vehicles
and commercial aircraft fuels the growth of the commercial aircraft landing
gear market. On the other hand, lack of safety regulation and high research and
development cost of the product may hamper the growth of the global commercial
aircraft landing gear market. Strict government regulations regarding air
traffic management are also one of the restraining factors for the growth of
the commercial aircraft landing gear market. Furthermore, technological
advancement in the aviation industry creates an opportunity for the growth of
the global commercial aircraft landing gear market.
Geographically,
North America region dominates by the largest market share in the commercial
aircraft landing gear market due to the presence of multiple airports and demand
for the production of lightweight aircraft. The U.S is accounted for the
largest market share followed by Canada and Mexico. Moreover, the Asia Pacific
region expected to boost the growth of the commercial aircraft landing gear
market in the forecast period due to the low cost for commercial carriers
and growing demand in the tourism sector. In Asia-Pacific, China holds the
highest share followed by Japan and India.
The report on
global commercial aircraft landing gear market covers segments such as type,
aircraft type, and application. On the basis of type, the sub-markets include
main landing gear, and nose landing gear. On the basis of aircraft type, the
sub-markets include narrow-body, regional jet, wide-body, and other aircraft
types. On the basis of application, the sub-markets include commercial
aviation, military aviation, business aviation, and other applications.
The report
provides profiles of the companies in the market such as CIRCOR International,
Inc., Eaton Corporation plc, The Liebherr Group, Magellan Aerospace
Corporation, United Technologies Corporation, Triumph Group, Inc., Safran S.A.,
GKN Aerospace Services Ltd., Aerospace Turbine Rotables, Inc. (AeTR),
Héroux-Devtek Inc., and Other Companies.
The report
provides deep insights into the demand forecasts, market trends, and micro and
macro indicators. In addition, this report provides insights into the factors
that are driving and restraining the growth in this market. Moreover, The
IGR-Growth Matrix analysis given in the report brings an insight into the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter's five
forces analysis and DRO analysis of commercial aircraft landing gear market.
Moreover, the study highlights current market trends and provides forecast from
2019-2025. We also have highlighted future trends in the market that will
affect the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight into the market share
of the leading players.
Please Choose One of them.