Market Overview:
The global aerospace landing gear system market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for commercial and military aircraft across the globe. Based on type, strut landing gear is expected to account for a major share of the global aerospace landing gear system market during the forecast period. This can be attributed to its low cost and easy installation as compared to other types of landing gears. By application, commercial aircraft are expected to account for a major share of the global aerospace landing gear system market during the forecast period.
Product Definition:
A landing gear system is a type of undercarriage that supports an aircraft while it is on the ground. The main types of landing gear systems are wheels, skis, and floats. Landing gear systems are critical for aircraft safety and performance.
Strut Landing Gear:
Strut landing gear is a type of aircraft's wheeled landing gear that consists of main leg and crossbar. It was developed by the United States Air Force in the late 1940s for its Lockheed P-80 Shooting Star jet fighter aircraft. The primary function of this system is to provide stability while making an emergency landing on ground, ice or water surface.
Rocker Landing Gear:
Rocker landing gear is a type of aircraft landing gear that relies on the movement of a single wheel or set of wheels for stability during touchdown. The term rocker refers to the banking angle applied to this wheel/gear. It is most commonly used in helicopters and airplanes, although it can also be found in some high-speed trains and cars with rear-wheel drive.
Application Insights:
The commercial aircraft segment dominated the global aerospace landing gear system market in terms of revenue share in 2017. The growth can be attributed to an increase in air passenger traffic and a growing number of low-cost carriers. Moreover, governments around the world are making investments to develop airports that accommodate wide-body aircraft, which is also likely to propel demand for these systems at airports with such facilities.
For instance, Singapore Changi Airport Group (CAG) has invested approximately USD 1 billion over the next five years on expanding its airport infrastructure including lengthening runways and building new terminals that will allow it handle future growth efficiently. Furthermore, Latin American countries such as Brazil and Argentina are focusing on developing their aviation sector by investing significantly in new commercial aircraft fleets while offering attractive fares across various destinations globally. This trend is expected to drive demand for advanced aerospace landing gears at major airports across Latin America over the forecast period.
Regional Analysis:
Europe dominated the global market in terms of revenue share in 2017. The presence of key aircraft manufacturers and a well-established aerospace industry are some factors attributing to its large share. Europe is also home to several major aircraft parts manufacturers such as Safran Aircraft Engines, Snecma (Soci©t des Nacelles de Charles-de-Gaulle), Arianespace, Thales Group, and Dassault Aviation.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing demand from countries such as India, China, Japan among others due to their rapidly expanding aviation industries.
Growth Factors:
- Increasing demand for air travel: The global air travel industry is growing at a rapid pace, owing to the increasing number of passengers travelling by air. This is expected to drive the demand for aerospace landing gear systems in the coming years.
- Technological advancements: The aerospace landing gear system market is witnessing significant advancements in technology, with manufacturers introducing new and innovative products into the market. This is likely to boost the growth of this market in the near future.
- Rising aircraft orders: Airlines are placing an increasing number of orders for new aircraft, as they look to expand their fleets and cater to rising demand from passengers worldwide. This is expected to create lucrative opportunities for players operating in the aerospace landing gear system market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aerospace Landing Gear System Market Research Report
By Type
Strut Landing Gear, Rocker Landing Gear, Pontoon Landing Gear, Framed Landing Gear
By Application
Military Aircraft, Commercial Aircraft
By Companies
Circor International, Inc., Safran Landing, Integral Aerospace, AdamWorks Inc, Worthington Aviation, UTC Aerospace, CIRCOR Aerospace, Heroux-Devtek, Eaton Corporation, Mecaer, Merill Technologies Group, United Continental Holdings Inc, Honeywell International, Magellan Aerospace, AAR, Liebherr
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Aerospace Landing Gear System Market Report Segments:
The global Aerospace Landing Gear System market is segmented on the basis of:
Types
Strut Landing Gear, Rocker Landing Gear, Pontoon Landing Gear, Framed Landing Gear
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military Aircraft, Commercial Aircraft
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Circor International, Inc.
- Safran Landing
- Integral Aerospace
- AdamWorks Inc
- Worthington Aviation
- UTC Aerospace
- CIRCOR Aerospace
- Heroux-Devtek
- Eaton Corporation
- Mecaer
- Merill Technologies Group
- United Continental Holdings Inc
- Honeywell International
- Magellan Aerospace
- AAR
- Liebherr
Highlights of The Aerospace Landing Gear System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Strut Landing Gear
- Rocker Landing Gear
- Pontoon Landing Gear
- Framed Landing Gear
- By Application:
- Military Aircraft
- Commercial Aircraft
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aerospace Landing Gear System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aerospace landing gear systems are used on aircraft to provide a means of landing and taking off. These systems typically consist of two main components: the landing gear and the associated suspension system. The landing gear is designed to support the weight of the aircraft as it lands, while the suspension system helps ensure that the aircraft remains stable during takeoff.
Some of the key players operating in the aerospace landing gear system market are Circor International, Inc., Safran Landing, Integral Aerospace, AdamWorks Inc, Worthington Aviation, UTC Aerospace, CIRCOR Aerospace, Heroux-Devtek, Eaton Corporation, Mecaer, Merill Technologies Group, United Continental Holdings Inc, Honeywell International, Magellan Aerospace, AAR, Liebherr.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aerospace Landing Gear System Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Aerospace Landing Gear System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Aerospace Landing Gear System Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Aerospace Landing Gear System Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Aerospace Landing Gear System Market Size & Forecast, 2020-2028 4.5.1 Aerospace Landing Gear System Market Size and Y-o-Y Growth 4.5.2 Aerospace Landing Gear System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Strut Landing Gear
5.2.2 Rocker Landing Gear
5.2.3 Pontoon Landing Gear
5.2.4 Framed Landing Gear
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Military Aircraft
6.2.2 Commercial Aircraft
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aerospace Landing Gear System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aerospace Landing Gear System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Strut Landing Gear
9.6.2 Rocker Landing Gear
9.6.3 Pontoon Landing Gear
9.6.4 Framed Landing Gear
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Military Aircraft
9.10.2 Commercial Aircraft
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Strut Landing Gear
10.6.2 Rocker Landing Gear
10.6.3 Pontoon Landing Gear
10.6.4 Framed Landing Gear
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Military Aircraft
10.10.2 Commercial Aircraft
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Strut Landing Gear
11.6.2 Rocker Landing Gear
11.6.3 Pontoon Landing Gear
11.6.4 Framed Landing Gear
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Military Aircraft
11.10.2 Commercial Aircraft
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Strut Landing Gear
12.6.2 Rocker Landing Gear
12.6.3 Pontoon Landing Gear
12.6.4 Framed Landing Gear
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Military Aircraft
12.10.2 Commercial Aircraft
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Strut Landing Gear
13.6.2 Rocker Landing Gear
13.6.3 Pontoon Landing Gear
13.6.4 Framed Landing Gear
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Military Aircraft
13.10.2 Commercial Aircraft
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aerospace Landing Gear System Market: Competitive Dashboard
14.2 Global Aerospace Landing Gear System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Circor International, Inc.
14.3.2 Safran Landing
14.3.3 Integral Aerospace
14.3.4 AdamWorks Inc
14.3.5 Worthington Aviation
14.3.6 UTC Aerospace
14.3.7 CIRCOR Aerospace
14.3.8 Heroux-Devtek
14.3.9 Eaton Corporation
14.3.10 Mecaer
14.3.11 Merill Technologies Group
14.3.12 United Continental Holdings Inc
14.3.13 Honeywell International
14.3.14 Magellan Aerospace
14.3.15 AAR
14.3.16 Liebherr