Commercial Aircraft Landing Gear Market Size, Report 2022-2027 | Industry Share, Growth, Trends and Forecast

The global commercial aircraft landing gear market size reached US$ 7.85 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 12.02 Billion by 2027 exhibiting a growth rate (CAGR) of 7.10% during 2022-2027.

Covid-19 Impact: 

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

The commercial aircraft landing gear system is designed to provide suspension and support to the aircraft during take-off, landing, and taxiing. It is mostly available in two categories, including main landing gear and nose landing gear customized with tricycle, tandem, and tailwheel arrangements. These commercial aircraft landing gear variants consist of braking equipment, wheels, shock absorbers, a turning system, and an undercarriage retractile system. They are light in weight, offer braking and direction control via an integrated aircraft support system, minimize the impact loads that are transmitted to the airframe, and ensure improved airplane mobility. Consequently, commercial aircraft landing gear models are extensively utilized in narrow-body, wide-body, and regional jet aircraft across countries


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Commercial Aircraft Landing Gear Market Trends and Drivers: 

The shifting preferences toward lightweight aircraft suspension systems are primarily driving the commercial aircraft landing gear market. Additionally, the elevating demand for low-cost and ultra-low-cost carriers and the expanding commercial aircraft fleet are acting as significant growth-inducing factors.

Furthermore, the escalating routine landing gear maintenance and replacement requirements, owing to the elongated flight hours of an aircraft and the increasing passenger air traffic, are also positively influencing the global market. 

Apart from this, the growing partnerships and collaborations among major market players to extend their support and maintenance capabilities in new locations across the globe are expected to augment the commercial aircraft landing gear market in the coming years.

Report Segmentation: 

The report has been segmented the market into following categories:

Breakup by Aircraft Type:

• Narrow-Body

• Wide-Body

• Regional Jet

• Others

Breakup by Landing Gear Types:

• Main Landing Gear

• Nose Landing Gear

Breakup by Arrangement Type:

• Tricycle

• Tandem

• Tailwheel

By Geography:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

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List of Major Key Players: 

The major players in the market are AAR Corp., Circor Aerospace Inc. (Circor International Inc.), Collins Aerospace (Raytheon Technologies Corporation), Héroux-Devtek Inc., Honeywell International Inc., Liebherr Group, Magellan Aerospace Corporation, Mecaer Aviation Group, Revima Group, Safran S.A., Sumitomo Precision Products Co. Ltd. and Triumph Group Inc.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • WOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Browse Other Related Report: 

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Aerospace Engineering Services Outsourcing Market Size: https://www.imarcgroup.com/aerospace-engineering-services-outsourcing-market

Very Light Jet Market Share: https://www.imarcgroup.com/very-light-jet-market

Commercial Drones Market Forecast: https://www.imarcgroup.com/commercial-aircraft-landing-gear-market

Low Cost Airlines Market Analysis: https://www.imarcgroup.com/low-cost-airlines-market

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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