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Commercial Aircraft Landing Gear
Market 2018
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2021
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Commercial Aircraft Landing Gear Market 2018
Commercial Aircraft Landing Gear Market 2018: Industry Survey, Growth,
Competitive
Landscape and Forecasts to 2021
Market Research Future (MRFR)’s recent study reveals that the global commercial aircraft landing
gear market is set to proliferate moderately at a healthy CAGR of 6% CAGR during the forecast
period 2016 to 2021. The boom witnessed in the aviation industry is expected to fuel demand in the
market over the next couple of years.
The surge in demand for lightweight aircraft has opened avenues of growth for the commercial
aircraft landing gear industry leaders since it enhances aircraft performance and fuel efficiency.
Additionally, the increased air traffic is another factor favoring the growth of the market. The
exponential air traffic has paved the way for new entrants into the aviation industry coupled with
demand for more aircraft from the existing airlines. This, in turn, is poised to fuel demand in the
commercial aircraft landing gear market.
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Commercial Aircraft Landing Gear Market 2018
“Taste the market data and market information presented through more than
50 market data tables and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of content TOC & market synopsis on
“Commercial Aircraft Landing Gear Market Research Report - Global Forecast
2021”
As per the MRFR analysis, the EMEA region will continue its dominance in the forecast period to
reach billion, to grow at a CAGR of 8%. Whereas, APAC and Americas will significantly grow at a
CAGR of 12% respectively during the forecast period.
Industry Developments:
In August 2018, Héroux-Devtek, Canadian aircraft landing gear manufacturer and MRO provider,
named Duncan Aviation a distributor. It is one of the only five such locations worldwide.
In August 2018, the U.S. based Boeing unveiled its extendable main landing gear for Boeing 737-10
variant of the MAX family. It marks the beginning of a production and development ramp-up
expected to culminate with the first flight in 2019.
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Commercial Aircraft Landing Gear Market 2018
Segmentation:
are aircraft models, geographies, landing gear types, components & aircraft types.
On the basis of aircraft models, the market is segmented into A380, B777, B737, A320, A330, B767,
B747, A321 & B787.
Geographically, the market has been branched into various regions like North America, Asia Pacific,
Europe & Rest of the World.
On account of landing gear types, the market is bifurcated into nose gear landing gear & main
landing gear. Out of these, nose gear landing sub-segment grabs the larger market share.
Lastly, when it comes to aircraft types, the market is divided into narrow body aircraft & wide body
aircraft.
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Commercial Aircraft Landing Gear Market 2018
Application & Major Players in this Research:
Commercial Aircraft Landing Gear Market Prominent Players:
Circor Aerospace,
Heroux-devtek,
Liebherr Group,
messier-Bugatti-dowty,
UTC Aerospace Systems,
AAR,
Honeywell Aerospace, Megellan Aerospace, Merrill Technologies Group, SPP
Canada Aircraft, Triumph Group, and Whippany Actuation System Actuation
System.
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Commercial Aircraft Landing Gear Market 2018
Commercial Aircraft Landing Gear Market Competitive Analysis
Commenting on the report, an analyst from Market Research Future
(MRFR)’s team said:
emerging region in the long-haul international market and it relies heavily on
the small and medium wide-body aircraft. As a result, a number of such
airlines have been entering into service, recently such as Indigo, Tigerair
Singapore, Tigerair Australia, and Air Asia. It is expected that by 2035, more
than 16,000 aircraft would be delivered in the region.
The emerging markets have emerged as the driving force for the aviation
market. Africa, South America, and the APAC region are expected to have the
highest growth rate in air passenger traffic in the coming years. The aircraft
fleet has also been growing rapidly in the APAC and EMEA. Thus, increasing
demand from such emerging markets has been one of the major factors
driving the growth landing gear market.
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