Market Overview:
The global aircraft main landing gear market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to reach US$ 4,711.5 Mn by 2030, registering a CAGR of 7.4% from 2018 to 2030. The market growth can be attributed to the increasing demand for commercial aircraft across the globe and the subsequent increase in air travel. Additionally, the increasing adoption of advanced technologies in aircraft main landing gears is also expected to fuel the growth of this market during the forecast period. On basis of type, rocker landing gear segment is anticipated to account for a major share of global aircraft main landing gear market during forecast period owing its high reliability and low maintenance cost as compared with other types of landing gears available in the market.
Product Definition:
Aircraft Main Landing Gear is a landing gear system that typically comprises two or more main landing gears and ancillary equipment such as brakes and tires. The main landing gear are the primary means by which an aircraft lands on the ground.
Rocker Landing Gear:
Rocker landing gear is a type of aircraft main landing gear that is retractable and can be lowered to the ground for emergency as well as non-emergency landings. It consists of two independent components, namely the shock absorber system and retraction mechanism. Shock absorbers are hydraulic systems that reduce the impact of bumps while lowering the gears.
Pontoon Landing Gear:
Pontoon landing gear is a retractable wheel that is located at the rear end of an aircraft. It has a number of components including, but not limited to, tires and shock absorbers. Pontoon landing gear helps in preventing damage to the main fuselage during landings and take-offs.
The primary function of pontoons is to provide stability while making contact with the ground; therefore they are made up of high strength steel or aluminum alloy materials.
Application Insights:
The narrow-body aircraft main landing gear market held the largest share of over 60.0% in 2017. The segment is expected to witness significant growth owing to the increasing demand for low-cost carriers by passengers seeking affordable airfares and a wide choice of destinations. Furthermore, an increase in passenger traffic on account of economic recovery and improved employment prospects has resulted in an increased number of air travelers, which is anticipated to further fuel the product demand over the forecast period.
Wide-body aircraft are generally equipped with two or more main landing gears as a safety feature against loss of one or more engines during takeoff or flight operations due to failure or malfunctioning of engine components such as turbines, compressors.
Regional Analysis:
North America dominated the global aircraft main landing gear market in terms of revenue share in 2017. The growth can be attributed to the presence of major aircraft manufacturers such as Boeing, Airbus, and Lockheed Martin. These companies are engaged in developing advanced passenger planes with retractable landing gear that offer greater safety to passengers. Moreover, growing demand for new-generation narrow-body and wide-body jets is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income coupled with increasing air travel across this region. Furthermore, rapid development along with favorable government policies aimed at promoting tourism activities will augment traffic within this industry which will further boost product demand during the projected time frame.
Growth Factors:
- Increasing demand for air travel: The number of passengers travelling by air is increasing every year. This is driving the demand for new aircraft and replacement parts, including landing gear.
- Growing popularity of regional jets: Regional jets are becoming increasingly popular due to their lower cost and shorter flight times. This is boosting the demand for aircraft landing gear systems.
- Expansion of low-cost carriers: Low-cost carriers are expanding rapidly around the world, providing more affordable air travel options to consumers. This is fueling the growth of the aircraft Main Landing Gear market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Main Landing Gear Market Research Report
By Type
Rocker Landing Gear, Pontoon Landing Gear, Framed Landing Gear
By Application
Narrow-body aircraft, Wide-body aircraft, Regional aircraft
By Companies
Heroux-Devtek, CIRCOR International, Magellan Aerospace, Triumph Group, Safran, Raytheon Technologies Corporation, Sumitomo Precision Products, AAR Corp., Liebherr-International Deutschland GmbH, Honeywell International, Revima Group, Meggitt
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Main Landing Gear Market Report Segments:
The global Aircraft Main Landing Gear market is segmented on the basis of:
Types
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
Narrow-body aircraft, Wide-body aircraft, Regional 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:
- Heroux-Devtek
- CIRCOR International
- Magellan Aerospace
- Triumph Group
- Safran
- Raytheon Technologies Corporation
- Sumitomo Precision Products
- AAR Corp.
- Liebherr-International Deutschland GmbH
- Honeywell International
- Revima Group
- Meggitt
Highlights of The Aircraft Main Landing Gear 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:
- Rocker Landing Gear
- Pontoon Landing Gear
- Framed Landing Gear
- By Application:
- Narrow-body aircraft
- Wide-body aircraft
- Regional 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 Aircraft Main Landing Gear 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Aircraft main landing gear is the set of four large, metal legs that extend from the bottom of an airplane and help it touch down on a runway.
Some of the major companies in the aircraft main landing gear market are Heroux-Devtek, CIRCOR International, Magellan Aerospace, Triumph Group, Safran, Raytheon Technologies Corporation, Sumitomo Precision Products, AAR Corp., Liebherr-International Deutschland GmbH, Honeywell International, Revima Group, Meggitt.
The aircraft main landing gear market is expected to register a CAGR of 7.4%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Main Landing Gear 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 Aircraft Main Landing Gear Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Main Landing Gear 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 Aircraft Main Landing Gear 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 Aircraft Main Landing Gear Market Size & Forecast, 2020-2028
4.5.1 Aircraft Main Landing Gear Market Size and Y-o-Y Growth
4.5.2 Aircraft Main Landing Gear 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 Rocker Landing Gear
5.2.2 Pontoon Landing Gear
5.2.3 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 Narrow-body aircraft
6.2.2 Wide-body aircraft
6.2.3 Regional aircraft
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Main Landing Gear 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 Aircraft Main Landing Gear 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 Rocker Landing Gear
9.6.2 Pontoon Landing Gear
9.6.3 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 Narrow-body aircraft
9.10.2 Wide-body aircraft
9.10.3 Regional 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 Rocker Landing Gear
10.6.2 Pontoon Landing Gear
10.6.3 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 Narrow-body aircraft
10.10.2 Wide-body aircraft
10.10.3 Regional 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 Rocker Landing Gear
11.6.2 Pontoon Landing Gear
11.6.3 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 Narrow-body aircraft
11.10.2 Wide-body aircraft
11.10.3 Regional 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 Rocker Landing Gear
12.6.2 Pontoon Landing Gear
12.6.3 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 Narrow-body aircraft
12.10.2 Wide-body aircraft
12.10.3 Regional 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 Rocker Landing Gear
13.6.2 Pontoon Landing Gear
13.6.3 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 Narrow-body aircraft
13.10.2 Wide-body aircraft
13.10.3 Regional 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 Aircraft Main Landing Gear Market: Competitive Dashboard
14.2 Global Aircraft Main Landing Gear Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Heroux-Devtek
14.3.2 CIRCOR International
14.3.3 Magellan Aerospace
14.3.4 Triumph Group
14.3.5 Safran
14.3.6 Raytheon Technologies Corporation
14.3.7 Sumitomo Precision Products
14.3.8 AAR Corp.
14.3.9 Liebherr-International Deutschland GmbH
14.3.10 Honeywell International
14.3.11 Revima Group
14.3.12 Meggitt
