The report "Aircraft
Landing Gear Market by Type (Main,
Nose), Platform (Fixed Wing, Rotary Wing), Application (Commercial, Business,
Military), Aircraft Type (NBA, WBA, VLA, RTA), and Region - Global Forecast to
2021", The global aircraft landing gear market is projected to grow
from USD 9.71 Billion in 2016 to USD 13.14 Billion by 2021, at a CAGR of 6.23%
from 2016 to 2021.
Browse 71 market data tables and 62 figures spread through 134 pages
and in-depth TOC on “Aircraft Landing Gear Market - Global Forecast to 2021”
Know more about the Global Market:
Early buyers will receive 10% customization on reports.
Increasing demand for new
aircraft as a result of growth in air travel and the need for global
connectivity are the major drivers in the global aircraft landing gear market.
There is an increasing demand for lightweight aircraft since the past few
years, as a result, the demand for lightweight landing gear is also increasing.
In addition, the increasing demand for Unmanned Air Vehicles (UAVs) in military
applications is further expected to drive the demand for aircraft landing gear
from military aviation over the forecast period.
“The commercial aviation segment
is projected to lead the aircraft landing gear market during the forecast
period.”
Aircraft Landing Gear Market |
Based on application,
the commercial aviation segment is expected to account for the largest market
share of the global aircraft landing gear market during the forecast period.
The commercial aviation segment consists of narrow body, wide body, very large body
and regional transport aircraft. The increasing demand for new aircraft from
regional airlines in the Asia-Pacific and Middle-Eastern regions is one of the
key factors driving the global market for aircraft landing gear. Increasing air
passenger traffic as a result of the growing affordability is creating a demand
for new aircraft, in turn influencing positive market growth.
“Among platform, the rotary wing
segment of the aircraft landing gear market is projected to grow at the highest
CAGR from 2016 to 2021.”
Based on platform, the global
aircraft landing gear market has been segmented into fixed wing, and rotary
wing aircraft. The rotary wing segment is projected to grow at the fastest rate
in the aircraft landing gear market during the forecast period. The growth in
the rotary wing segment can be attributed to the increasing demand for
helicopters from the military sector. Demand for helicopters can be attributed
to the increasing application of helicopters for transport, emergency medical
services, and special missions.
“The North American region is
estimated to account for the largest share of the aircraft landing gear market
during the forecast period.”
The North American region is
estimated to lead the global aircraft landing gear market during the forecast
period, owing to the technological advancements taking place in the aircraft
landing gear and the presence of key aircraft manufacturers, such as The Boeing
Company (U.S.), and Bombardier Inc. (Canada). Increasing aircraft orders from
these manufacturers by the regional airline companies in the Asia-Pacific and
Middle Eastern regions is driving the North American aircraft landing gear
market. Growing military modernization programs, which include increased
procurement of advanced fighter jets, unmanned air vehicles, among others is
also expected to drive the North American aircraft landing gear market during
the forecast period.
Safran S.A. (France),
Liebherr-International AG (Switzerland), CIRCOR International, Inc. (U.S.),
Héroux-Devtek Inc. (Canada), UTC Aerospace Systems (U.S.), and Triumph Group,
Inc. (U.S.), among others, are the key players operating in the global aircraft
landing gear market.
Press Release:
About MarketsandMarkets
MarketsandMarkets is the largest
market research firm worldwide in terms of annually published premium market
research reports. Serving 1700 global fortune enterprises with more than 1200
premium studies in a year, M&M is catering to a multitude of clients across
8 different industrial verticals. We specialize in consulting assignments and
business research across high growth markets, cutting edge technologies and
newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are
tracking global high growth markets following the "Growth Engagement Model
– GEM". The GEM aims at proactive collaboration with the clients to
identify new opportunities, identify most important customers, write
"Attack, avoid and defend" strategies, identify sources of
incremental revenues for both the company and its competitors.
M&M’s flagship competitive
intelligence and market research platform, "RT" connects over 200,000
markets and entire value chains for deeper understanding of the unmet insights
along with market sizing and forecasts of niche markets. The new included
chapters on Methodology and Benchmarking presented with high quality analytical
infographics in our reports gives complete visibility of how the numbers have
been arrived and defend the accuracy of the numbers.
Contact:
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: newsletter@marketsandmarkets.com
No comments:
Post a Comment