Market Research Report
Aerospace Landing Gear - Global Market Outlook (2017-2026)
|Published by||Stratistics Market Research Consulting||Product code||860107|
|Published||Content info||164 Pages
Delivery time: 2-3 business days
|Aerospace Landing Gear - Global Market Outlook (2017-2026)|
|Published: April 1, 2019||Content info: 164 Pages||
According to Stratistics MRC, the Global Aerospace Landing Gear Market is accounted for $10.44 billion in 2017 and is expected to reach $20.01 billion by 2026 growing at a CAGR of 7.5% during the forecast period. Some of the key factors influencing the market growth include increasing aircraft procurement for the military sector and rising air passenger traffic. However, existing failures in aircraft deliveries are restraining market growth.
By Platform, Rotary segment is expected to remain attractive during the forecast period owing to growing the demand of helicopters for several military applications such as observation, emergency services, and special purpose combat operations. By Geography, Asia Pacific is expected to grow at the largest market share during the forecast period. The region has emerged of low-cost carriers along with rising affordability and recovering tourism sector will further hold the regional growth over the study timeframe.
Some of the key players profiled in the Aerospace Landing Gear Market include Whippany Actuation Systems, United Technologies Corporation, Triumph Group Inc., SPP Canada Aircraft, Inc., Safran S.A., Magellan Aerospace Corporation, Liebherr-International AG, Honeywell Aerospace, Heroux-Devtek Inc., GKN Aerospace Services Ltd., Eaton Corporation, Circor International, Inc., Aerospace Turbine Rotables and AAR Corp.