PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1801907
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1801907
Aerospace Landing Gear Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
The Global Aerospace Landing Gear Market was valued at USD 11.2 billion in 2024 and is estimated to grow at a CAGR of 8.5% to reach USD 25.2 billion by 2034. This strong growth is largely supported by a rise in commercial aircraft production, higher air passenger volumes, expanding maintenance, repair, and overhaul (MRO) activities, and ongoing defense modernization efforts across several nations. Increasing demand for new-generation aircraft, especially in emerging economies, is driving procurement of narrow-body, wide-body, and regional aircraft, directly boosting the need for landing gear systems.
Additionally, as governments increase defense spending, the integration of advanced fighter jets, helicopters, and military transport aircraft is rising, further accelerating market momentum. The demand for landing gear is also influenced by predictive maintenance technologies, digital twin adoption, and sensor-based monitoring solutions that are transforming the aftermarket services landscape. Countries are also modernizing older fleets, which opens opportunities for advanced landing gear retrofits and replacements. With a rising focus on sustainability and lighter components, companies are redesigning systems to reduce weight while ensuring durability and performance, setting the stage for long-term industry evolution.
| Market Scope | |
|---|---|
| Start Year | 2024 |
| Forecast Year | 2025-2034 |
| Start Value | $11.2 Billion |
| Forecast Value | $25.2 Billion |
| CAGR | 8.5% |
The nose landing gear segment is projected to witness a CAGR of 7.4% from 2025 to 2034, driven by growing deliveries of regional jets and narrow-body aircraft. Their frequent use on short-haul operations leads to higher wear and tear on nose gear components, boosting replacement cycles and MRO demand. To keep up with high turnaround schedules, operators are prioritizing fast part availability and overhaul timelines. Businesses must innovate with lightweight materials and predictive servicing strategies to enhance uptime and operational efficiency for airline operators. Agile aftermarket support and streamlined inventory systems will be essential for long-term competitiveness.
The military aviation segment generated USD 6.2 billion by 2034, fueled by heightened defense budgets, modernization of aging fleets, and adoption of advanced aircraft equipped with high-performance landing gear. Demand is also growing for systems that can handle extreme operating conditions. Companies need to focus on advanced material development and forging partnerships with defense players to secure supply contracts. Expanding into upgrade services and lifecycle support will allow businesses to build consistent revenue streams while positioning themselves as long-term partners in national defense initiatives.
U.S. Aerospace Landing Gear Market was valued at USD 3.9 billion in 2024, driven by high volumes of commercial aircraft shipments and continuous military advancements. Players targeting the U.S. should invest in cutting-edge technologies, forge deeper alliances with OEMs, and scale MRO services to serve both military and commercial clients efficiently. A focus on lightweight, high-durability gear components will also help address evolving aircraft requirements. Expanding local production capabilities and aligning product portfolios with regional priorities such as innovation and sustainable design will be essential for success in both U.S. and Canadian aerospace sectors.
Top companies in the Aerospace Landing Gear Market include GKN Aerospace, Liebherr Aerospace, Safran, Honeywell International, and Raytheon Technologies. Leading companies in the aerospace landing gear sector are implementing advanced manufacturing techniques, such as additive manufacturing and composite integration, to reduce weight while increasing structural strength. Strategic alliances with aircraft OEMs allow for early-stage integration and long-term supply agreements. Many firms are heavily investing in R&D to develop intelligent landing gear systems embedded with health monitoring sensors to enable predictive maintenance. Expansion of global MRO networks ensures faster response times and service availability for growing commercial and defense fleets.
Table of Contents
Chapter 1 Methodology
- 1.1 Market scope and definition
- 1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
- 1.3 Data mining sources
- 1.3.1 Global
- 1.3.2 Regional/Country
- 1.4 Base estimates and calculations
- 1.4.1 Base year calculation
- 1.4.2 Key trends for market estimation
- 1.5 Primary research and validation
- 1.5.1 Primary sources
- 1.6 Forecast model
- 1.7 Research assumptions and limitations
Chapter 2 Executive Summary
- 2.1 Industry 3600 synopsis, 2021 - 2034
- 2.2 Key market trends
- 2.2.1 Gear type trends
- 2.2.2 Platform trends
- 2.2.3 Arrangement trends
- 2.2.4 Actuation system trends
- 2.2.5 End use trends
- 2.2.6 Regional trends
- 2.3 TAM Analysis, 2025-2034
- 2.4 CXO perspectives: Strategic imperatives
- 2.4.1 Executive decision points
- 2.4.2 Critical success factors
- 2.5 Future outlook and strategic recommendations
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Supplier landscape
- 3.1.2 Profit margin analysis
- 3.1.3 Cost structure
- 3.1.4 Value addition at each stage
- 3.1.5 Factor affecting the value chain
- 3.1.6 Disruptions
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.1.1 Rising global commercial aircraft deliveries
- 3.2.1.2 Increasing military modernization programs
- 3.2.1.3 Growth in air passenger traffic
- 3.2.1.4 Focus on lightweight materials and composite landing gear
- 3.2.1.5 Expansion of MRO (maintenance, repair, overhaul) market
- 3.2.2 Industry pitfalls and challenges
- 3.2.2.1 High development and certification costs
- 3.2.2.2 Volatility in raw material prices
- 3.2.3 Market opportunities
- 3.2.3.1 Electrification and more-electric aircraft trend
- 3.2.3.2 Expansion of indigenous aircraft programs
- 3.2.3.3 Aftermarket digitalization and predictive maintenance
- 3.2.1 Growth drivers
- 3.3 Growth potential analysis
- 3.4 Regulatory landscape
- 3.4.1 North America
- 3.4.2 Europe
- 3.4.3 Asia Pacific
- 3.4.4 Latin America
- 3.4.5 Middle East & Africa
- 3.5 Porter’s analysis
- 3.6 PESTEL analysis
- 3.7 Technology and Innovation landscape
- 3.7.1 Current technological trends
- 3.7.2 Emerging technologies
- 3.8 Price trends
- 3.8.1 By region
- 3.8.2 By product
- 3.9 Pricing Strategies
- 3.10 Emerging Business Models
- 3.11 Compliance Requirements
- 3.12 Defense Budget Analysis
- 3.13 Global Defense Spending Trends
- 3.14 Regional Defense Budget Allocation
- 3.14.1 North America
- 3.14.2 Europe
- 3.14.3 Asia Pacific
- 3.14.4 Middle East and Africa
- 3.14.5 Latin America
- 3.15 Key Defense Modernization Programs
- 3.16 Budget Forecast (2025-2034)
- 3.16.1 Impact on Industry Growth
- 3.16.2 Defense Budgets by Country
- 3.17 Supply Chain Resilience
- 3.18 Geopolitical Analysis
- 3.19 Workforce Analysis
- 3.20 Digital Transformation
- 3.21 Mergers, Acquisitions, and Strategic Partnerships Landscape
- 3.22 Risk Assessment and Management
- 3.23 Major Contract Awards (2021-2024)
Chapter 4 Competitive Landscape, 2024
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.2.1 By region
- 4.2.1.1 North America
- 4.2.1.2 Europe
- 4.2.1.3 Asia Pacific
- 4.2.1.4 Latin America
- 4.2.1.5 Middle East & Africa
- 4.2.1 By region
- 4.3 Competitive benchmarking of key players
- 4.3.1 Financial performance comparison
- 4.3.1.1 Revenue
- 4.3.1.2 Profit margin
- 4.3.1.3 R&D
- 4.3.2 Product portfolio comparison
- 4.3.2.1 Product range breadth
- 4.3.2.2 Technology
- 4.3.2.3 Innovation
- 4.3.3 Geographic presence comparison
- 4.3.3.1 Global footprint analysis
- 4.3.3.2 Service network coverage
- 4.3.3.3 Market penetration by region
- 4.3.4 Competitive positioning matrix
- 4.3.4.1 Leaders
- 4.3.4.2 Challengers
- 4.3.4.3 Followers
- 4.3.4.4 Niche players
- 4.3.5 Strategic outlook matrix
- 4.3.1 Financial performance comparison
- 4.4 Key developments, 2021-2024
- 4.4.1 Mergers and acquisitions
- 4.4.2 Partnerships and collaborations
- 4.4.3 Technological advancements
- 4.4.4 Expansion and investment strategies
- 4.4.5 Digital transformation initiatives
- 4.5 Emerging/ startup competitors landscape
Chapter 5 Market Estimates and Forecast, By Gear Type, 2021 - 2034 (USD Billion)
- 5.1 Key trends
- 5.2 Nose landing gear
- 5.3 Main landing gear
Chapter 6 Market Estimates and Forecast, By Platform, 2021 - 2034 (USD Billion)
- 6.1 Key trends
- 6.2 Commercial aviation
- 6.2.1 Narrow-body aircraft
- 6.2.2 Wide-body aircraft
- 6.2.3 Regional jets
- 6.2.4 Cargo Aircraft
- 6.3 Military aviation
- 6.3.1 Fighter jets
- 6.3.2 Military transport aircraft
- 6.3.3 Military helicopters
- 6.4 General aviation
- 6.4.1 Business jets
- 6.4.2 Light aircraft
- 6.4.3 Turboprops
Chapter 7 Market Estimates and Forecast, By Arrangement, 2021 - 2034 (USD Billion)
- 7.1 Key trends
- 7.2 Tail wheel landing gear
- 7.3 Tandem landing gear
- 7.4 Tricycle landing gear
Chapter 8 Market Estimates and Forecast, By Actuation System, 2021 - 2034 (USD Billion)
- 8.1 Key trends
- 8.2 Hydraulic
- 8.3 Electric
- 8.4 Electro-mechanical
Chapter 9 Market Estimates and Forecast, By End Use, 2021 - 2034 (USD Billion)
- 9.1 Key trends
- 9.2 OEM (Original Equipment Manufacturer)
- 9.3 Aftermarket
Chapter 10 Market Estimates & Forecast, By Region, 2021 - 2034 (USD Billion)
- 10.1 Key trends
- 10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Netherlands
- 10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 Australia
- 10.4.5 South Korea
- 10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Argentina
- 10.6 MEA
- 10.6.1 South Africa
- 10.6.2 Saudi Arabia
- 10.6.3 UAE
Chapter 11 Company Profiles
- 11.1 Global Key Players
- 11.1.1 Safran
- 11.1.2 Raytheon Technologies
- 11.1.3 Honeywell International Inc.
- 11.1.4 Boeing
- 11.2 Regional Key Players
- 11.2.1 North America
- 11.2.1.1 CIRCOR International, Inc.
- 11.2.1.2 Crane Aerospace & Electronics
- 11.2.1.3 Eaton Corporation
- 11.2.1.4 Heroux-Devtek Inc.
- 11.2.1.5 Triumph Group, Inc.
- 11.2.1.6 Whippany Actuation Systems
- 11.2.2 Europe
- 11.2.2.1 GKN Aerospace
- 11.2.2.2 Liebherr Aerospace
- 11.2.2.3 Meggitt PLC
- 11.2.3 Asia Pacific
- 11.2.3.1 Kawasaki Heavy Industries
- 11.2.3.2 Sumitomo Precision Products Co., Ltd.
- 11.2.3.3 Tata Advanced Systems Limited (TASL)
- 11.2.1 North America
- 11.3 Niche Players / Disruptors
- 11.3.1 MAG Inc.
- 11.3.2 GA Telesis
- 11.3.3 Magellan Aerospace
