Market Overview:
The global aircraft nose landing gear market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to register a CAGR of 5.1% over the forecast period (2018-2030), according to a new study by Transparency Market Research (TMR). The market is expected to be worth US$ 3,521.4 Mn by 2030. In terms of volume, the global aircraft nose landing gear market stood at 1,711 units in 2017 and is projected to reach 2,584 units by 2030, expanding at a CAGR of 4.9% during the forecast period. The growth of the global aircraft nose landing gear market can be attributed to increasing demand for commercial air travel across the globe coupled with rising number of passenger traffic movements per year. Additionally, increasing adoption rate for advanced technologies in commercial aviation sector is also propelling growth of this market over the forecast period.
Product Definition:
The nose landing gear, or simply the nose gear, of an aircraft is a landing gear component that typically absorbs the shock of touchdown during landing. The main purpose of the nose landing gear is to provide a stable platform for the aircraft's fuselage during ground operations.
Rocker Landing Gear:
Rocker landing gear is a type of aircraft nose landing gear that uses two independently hinged and mounted main wheels, connected by a single shock absorber. It provides better ground handling capabilities than conventional systems as it allows the pilot to maintain control of the aircraft during heavy landings.
The primary benefit offered by this system is reduced wheel well interference, which in turn reduces the risk of damage to critical components such as hydraulic systems.
Pontoon Landing Gear:
Pontoon landing gear is a retractable wheel/strut assembly that is fitted to the leading edge of each wing. It consists of two main components namely, a pair of pontoons and their supporting structure made up of aluminum or steel tubing. Pontoon landing gear system also includes hydraulic rams, actuating systems and shock absorbers which are essential for safe operation on rough surfaces as well as for providing the necessary clearance when operating on smooth ones.
Application Insights:
The narrow-body aircraft segment dominated the global aircraft nose landing gear market in terms of revenue share in 2017. The demand for such systems is expected to increase as a result of growing passenger traffic on medium and long haul routes, owing to increasing disposable income among consumers across the globe. Moreover, growth in air travel due to rise in disposable income coupled with rapid urbanization has resulted in an increased need for transport services across various regions which will further boost product demand over the forecast period.
Wide-body aircraft are anticipated to witness significant growth over the forecast period owing to factors such as expansion of existing wide-body fleets, replacement of older wide-body fleet by newer models and high consumer demand for international air service connections within and outside North America region.
Regional Analysis:
North America dominated the global aircraft nose 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 continuously investing in research & development activities for manufacturing high-quality landing gear systems for commercial planes. Moreover, stringent regulations set by Federal Aviation Administration (FAA) regarding certification and operational safety of these systems is anticipated to drive demand over the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to increasing number of airlines operating narrow-body jets such as ATR 72/72-600/72X.
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 nose landing gear.
- Technological advances: Aircraft manufacturers are constantly innovating and developing new technologies that improve the performance and safety of their aircraft. This is driving the need for new or upgraded nose landing gear systems.
- Regulatory changes: Aircraft regulations are constantly changing in order to ensure safety and compliance with international standards. These changes can drive the need for new or upgraded nose landing gear systems in order to meet regulatory requirements.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Nose 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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Nose Landing Gear Market Report Segments:
The global Aircraft Nose 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 Nose 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 Nose 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 nose landing gear is a system of landing gear that is located at the front of an aircraft. It consists of two main components: the nose wheel and the main gear.
Some of the key players operating in the aircraft nose 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 nose landing gear market is expected to grow at a compound annual growth rate of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Nose 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 Nose Landing Gear Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Nose 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 Nose 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 Nose Landing Gear Market Size & Forecast, 2020-2028
4.5.1 Aircraft Nose Landing Gear Market Size and Y-o-Y Growth
4.5.2 Aircraft Nose 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 Nose 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 Nose 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 Nose Landing Gear Market: Competitive Dashboard
14.2 Global Aircraft Nose 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
