Aerospace Landing Gear Market Size By Position (Main Landing Gear, Nose/Tail Landing Gear), By Arrangement (Tail Wheel, Tandem, Tri-cycle), By Aircrafts (Commercial Aircraft {Narrow Body, Wide Body}, Regional Jet, Business Jet, Helicopter, Military Aircraft), By Distribution Channel (OEM, Aftermarket), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Poland, Russia, Netherlands, Sweden, China, India, Japan, South Korea, Singapore, Australia, Brazil, Mexico, Argentina, Saudi Arabia, Qatar, UAE, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024

Published Date: July 2018 | 390 Pages | Report ID: GMI2343 Report Format: PDF

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Industry Trends

Aerospace Landing Gear Market size was valued at USD 12.99 billion in 2017 and is estimated to exhibit around 6% CAGR from 2018 to 2024.

U.S. Aerospace Landing Gear Market, By Aircrafts, 2017 & 2024, (Units)
U.S. Aerospace Landing Gear Market, By Aircrafts, 2017 & 2024, (Units)


Growth in commercial aircraft owing to increasing air passenger will primarily drive the aerospace landing gear market size during forecast period. Increasing consumer spending along with preference towards aircraft travel owing to superior safety will fuel product demand. Rising affordability among middle class income groups for air travel owing to low air fares and growth in tourism will positively influence the product penetration. Air liners are constantly focusing on reducing the flight rates further enhancing the passenger preference for air travel. Increasing air traffic along with stringent government regulations regarding air safety will further boost industry growth.

Low commodity price, stable GDP growth and strong passenger demand are the key factors influencing the market share. In addition, improvement in airport infrastructure, mature aviation sector and shifting trends for replacement of conventional systems in the aircraft with advanced efficient system is propelling product demand.

Proliferating defence budget with requirement for advanced military aircrafts will positively influence aerospace landing gear market size. For instance, in 2017, the U.S. increased defence budget by around USD 2.2 billion as compared to 2016. Replacement of the in-service aircrafts with new generation advanced aircrafts are the key trends in aviation industry. Strong demand for military aircrafts installed with advanced systems particularly from developing countries including China, India and Middle Eastern countries will fuel industry growth.

Aerospace Landing Gear Market, By Position

Main aerospace landing gear market accounts for over 65% share in 2017. This can be credited to its increasing utilization for carrying around 85% of the total aircraft weight. Industry players are switching towards advanced materials to reduce aircraft weight and improve fuel efficiency thereby increasing demand for the new age material such as composites. Further, companies are deploying safety technologies including wireless sensor network and Radio-Frequency Identification (RFID) technology for monitoring aircraft thereby enhancing product demand.

Nose/tail market will witness strong growth with its requirement for aircraft steering. The system offers steering facility during taxiing using hydraulic power. Assembly of the product with usage of high performance shock struts with internal metering tube will fuel the product growth.

Aerospace Landing Gear Market, By Arrangement

In 2017, tricycle segment accounts for around 72% share as these account for major in-service and on-order aircrafts. The arrangement offers more safety distance between gear and aircraft components including fuselage and better control during ground manoeuvring. Installation of the product in new generation aircrafts will fuel the industry demand.

Tandem sub-segment will foresee healthy growth owing to its use in military aircrafts such as B-47 and B-52. Tailwheel type of arrangement is currently obsolete while the earlier fleet size currently in use and requires regular maintenance and replacement of these gears. Timely maintenance and replacement of the product to the existing fleet size will induce positive impact on the industry share.

Aerospace Landing Gear Market, By Aircraft

Commercial aircrafts dominate the industry with high production across the globe. The aviation industry is witnessing growth in aircraft demand including B737, A350XWB, B787, and A320. The GDP growth and trade globalization particularly with and between emerging economies are the key factors supporting growth in revenue generation. Business jets market share will increase as these offer enhanced safety and smooth operation.

Aerospace landing gear market from regional jets is expected to grow rapidly, witnessing over 6.4% CAGR from 2018 to 2024. Rising investments across aviation sector owing to high profit margins will propel the industry growth. Moreover, regional jets provide the customers with optimized capacity that results in high preference towards these aircrafts, further influencing industry growth over forecast period.

Aerospace Landing Gear Market, By Distribution Channel

OEM dominates the aerospace landing gear market owing to increasing aircraft production capacity of the major manufacturers sufficing overall industry demand. Increasing aircraft passenger size with affordability and development in lifestyle is inducing positive impact on product growth. Tier 1 and tier 2 aerospace industry players are improving the supply chain of the major components and pursuing low cost sourcing. The manufacturers are entering into long term supply agreement with the aircraft manufacturers reducing the overall airplane backlogs.

Aftermarket will witness strong growth over the forecast timeframe owing to increasing fleet size requiring regular and timely maintenance. In addition, focus of industry players towards heavy maintenance encompassing landing gear repair and replacement offering high profit margins will further fuel the industry growth. In addition, set up of the MRO industry at the low labour cost locations is positively emphasizing for investment in landing gear industry.

Aerospace Landing Gear Market, By Region

North America led by the U.S. holds major share in the market owing to presence of vast number of manufacturers. Presence of number of airports handling large traffic will positively influence the product demand. Technological advancement in the system replacing conventional parts is among the key trends followed by airliners.

Europe aerospace landing gear market will witness growth owing to increasing population and improved standard of living. Increasing trend regarding their replacement after scheduled usage will further fuel product penetration. Asia Pacific will witness strong growth owing to increasing commercial aircraft demand in the region. Growth in passenger traffic owing to increasing affordability and low travel fares will boost the product demand. Increasing investment in the emerging countries including India and China will positively fuel the industry growth.

Competitive Market Share

Major players of the market include UTC Aerospace System, AAR Corporation, Safran Landing System, Circor, Magellan, Heroux-Devtek, Leibherr Group, GKN Group, Triumph Group, SPP Canada Aircraft, Whippany Actuation Systems, Aerospace Turbine Rotables and Eaton Corporation. Industry players are signing long term agreements with major aircraft operators to enhance their market share. For instance, in May 2018, Safran group entered into contract with AirAsia to provide MRO service for A300 fleet.

Industry Background

Aerospace Landing Gear Market Segmentation

Aerospace landing gears are installed in the aircrafts to support aircraft weight during landing and ground operations. These are attached to primary structure of aircraft and the arrangement depends on design and intended use. The system consists of shock absorbers, breaks, retraction mechanism, warning devices and structural members to ensure passenger safety. Federal Aviation Authority (FAA) and Civil Aviation Safety Authority (CASA) are the major regulatory that govern aerospace landing gear industry and provide instruction for its installation, working and maintenance.


What Information does this report contain?

Historical data coverage: 2013 to 2017; Growth Projections: 2018 to 2024.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

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