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Aircraft Landing Gear Market by Type, Platform, Application, Aircraft Type, and Region - Global Forecast to 2021

Aircraft Landing Gear Market: Global Forecast until 2021

  • November 2016
  • 136 pages
  • ID: 4412108
In this report:
The number of narrow body aircraft deliveries from 2016 to 2035 is expected to be ##,##, of which Asia is expected to account for almost ##.##% of the total expected deliveries by 2035.
Asia-Pacific is estimated to account for a share of ##.##% of the aircraft landing gears market in 2016, and the market in the country is expected to grow at a CAGR of ##.##% from 2016 to 2021.

Summary

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"The aircraft landing gear market is estimated to rise at a compound annual growth rate of ~6.2 percent during the forecast period, 2016 to 2021"

The rise of the overall aircraft landing gear market is dependent on the increased number of deliveries of aircraft, ultralight aircraft, and unmanned aerial vehicles in different countries across the globe. The overall aircraft landing gear market is forecasted to grow from ~$9.7B in 2016 to ~$13.1B by 2021, at a compound annual growth rate of ~6.2 percent from 2016 to 2021. Rise in the air passenger traffic across the world, upgradation of aircraft, and unmanned aerial systems in military programs across the globe, are the top factors driving the aircraft landing gear market across the world. Nevertheless, the existing aircraft production backlog is anticipated to hinder the market increase over the estimate period.

"Among platform, the fixed wing segment of the aircraft landing gear market is forecasted to dominate the sector from 2016 to 2021"

Established on platform, the overall aircraft landing gear market has been broken down into the fixed wing, and rotary wing aircraft. The fixed wing segment is anticipated to account for the most important market share of the overall aircraft landing gear market during the outlook period. The high rise of the fixed wing aircraft segment can be accredited to the growing demand for commercial aircraft, business jets, and fighter jets, among others.

"The commercial aviation segment is forecasted to witness quickest increase in aircraft landing gear market during the estimate period"

The commercial aviation segment is anticipated to be the fastest-growing segment in the overall aircraft landing gear market during the outlook period. The commercial aviation sector in the emerging regions including the Asia-Pacific, Middle East (ME), and Latin America area has been witnessing positive rise over the past few years. As a result, there is a strong demand for new aircraft from these areas and this forecast is anticipated to continue over the upcoming twenty years according to

The Boeing Company and Airbus SAS. Therefrom, the rise in the commercial aviation market is predicted to push the overall aircraft landing gear market during the estimate period.

"Aircraft landing gear market in the Asia-Pac region forecasted to grow at the highest compound annual growth rate (CAGR) from 2016 to 2021, because, the North American area anticipated to account for the biggest share of the market"

The North American area is forecast to lead the aircraft landing gear market during the outlook period, owing to technological advancements taking place in aircraft landing gears. North America continent is the main hub for the aviation sector in terms of passenger traffic, and the presence of established market players including The Boeing Company, Bombardier Inc., Lockheed Martin Corporation (NYSE:LMT). There is rising aircraft production by the aforementioned aircraft manufacturers as a result of the growing demand for new aircraft from the Asia-Pac and Middle Eastern regions. Rising aircraft production is one of the top factors driving the aircraft landing gear market in the North American area. The industry in the Asia-Pacific area is forecast to grow at the quickest rate during the estimate period as a result of emerging aircraft manufacturers including The Commercial Aircraft Corporation of China (CN), Limited, and Mitsubishi Aircraft Corporation.

Break-up of profiles of primary members taking part for this industry report:

- By Company Type - Tier 1 - 35.0 percent, Tier 2 - 45.0 percent , and 1/3 3 - 20.0 percent

- By Description - C-suite - 35.0 percent, D-level - 25.0 percent, and Others - 40.0 percent

- By area - North america (NA) - 45.0 percent, Europe - 30.0 percent, Asia-Pacific - 20.0 percent, and rest of the world - 5.0 percent

Safran S.A., Liebherr-International AG, CIRCOR International, Incorporated, Héroux-Devtek Inc., UTC Aerospace Systems, and Triumph Group, Incorporated, among others, are the top actors operating in the overall aircraft landing gear market.

Scope of the Report

This study breaks down the overall aircraft landing gear market based on type, application, platform, and area. Established on category, the sector is divided into main and nose landing gear. Established on application, the sector is divided into commercial, business, military, and others. Established on platform, the sector is divided into fixed wing, and rotary wing. Established on aircraft type, the overall aircraft landing gear market has been categorized into narrow body, wide body, very big aircraft, and regional transport aircraft.

Why Purchasing This Study Can Help You:

From an insight prospect, the overall aircraft landing gear market report highlights on different levels of analyses - industry study, market rank study, and company descriptions, which together comprise and examine basic views on the competitive landscape; high-growth areas, and territories as well as their specific regulatory policies, drivers, industry restraints, and possibilities in the overall aircraft landing gear market.

The overall aircraft landing gear market report offers business insights on these pointers:

- Business entry: Comprehensive mapping of the competitive landscape and behavior of participants in the overall aircraft landing gear market

- Market value: Market values for the financial year, 2014-2015 and for the outlook period, 2016 to 2021

- Product improvement/Innovative products: In-depth understanding on the next technologies, analysis & growth activities, and recent product launches in the overall aircraft landing gear market

- Market Overview: Market forces and subsequent review of associated trends, drivers, market restraints, and alternatives prevailing in the overall aircraft landing gear market

- Industry development: Highlighted information about lucrative industries with an study of sectors for landing gears across different regions

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall aircraft landing gear market

- Regional Review: Factors influencing market shares in the North American, European, the Middle- Eastern, Asia Pacific (APAC), and the rest of the world regions

- Opposing assessment: Detailed assessment of strategies, products, and manufacturing capabilities of the leading market actors

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