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Aerospace Landing Gear Market Share

  • Report ID: GMI2343
  • Published Date: Dec 2020
  • Report Format: PDF

Aerospace Landing Gear Market Share

With the increasing demand for fifth-generation fighter aircraft, many manufacturers are collaborating with fifth-generation aircraft manufacturers to provide their products in the future. The market is highly competitive with the presence of multiple small & large market players worldwide. Industry leaders are engaged in partnerships with aircraft manufacturers or with aircraft service providers to gain a competitive edge over other companies.
 

Some of the key companies operational in the aerospace landing gear market are :

  • Heroux-Devtek, Inc
  • Safran landing Systems
  • SPP Canada Aircraft, Inc
  • Triumph Group
  • UTC Aerospace Systems
  • Magellan Aerospace
  • Liebherr Group
  • Hawker Pacific Aerospace
  • GKN Aerospace
  • Eaton Corporation

Major industry participants are focusing on improving their presence in the aftermarket and MRO services markets.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market for aerospace landing gears was pegged at USD 18.6 billion in 2019 and is estimated to witness over 4.9% CAGR up to 2026.

The industry share from the commercial segment had reached USD 15 billion in 2019 with the gradual expansion in aircraft production to cater to the rising air travel worldwide.

The OEM distribution channel held close to 60% of the aerospace landing gear market share in 2019 and will gain traction with increase in the demand for military aircraft across the globe.

North America aerospace landing gear industry size will record more than 4.5% CAGR over 2020-2026 owing to an increase in aircraft orders for manufacturers like Lockheed Martin and Boeing.

Aerospace Landing Gear Market Scope

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Premium Report Details

  • Base Year: 2019
  • Companies covered: 22
  • Tables & Figures: 354
  • Countries covered: 24
  • Pages: 300
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