Commercial Aircraft Landing Gear Global Market Report 2023

Description

“Commercial Aircraft Landing Gear Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on commercial aircraft landing gear market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for commercial aircraft landing gear? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The commercial aircraft landing gear market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Gear Position: Main Landing; Nose Landing

2) By Aircraft Type: Fixed Wing; Rotary Wing

3) By End-User: Commercial; Armed Forces

Companies Mentioned: AAR Corp (AAR); CIRCOR Aerospace, Inc.,; Heroux-Devtek Inc; Honeywell Aerospace; Liebherr Group

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the commercial aircraft landing gear market are: CIRCOR Aerospace, Inc., Heroux-Devtek Inc., Honeywell Aerospace, Liebherr Group, Magellan Aerospace Corporation, Safran Landing Systems, Triumph Group, Inc., Meggitt PLC, GKN Aerospace, Collins Aerospace, Eaton Corporation plc, Mecaer Aviation Group, Whippany Actuation Systems, and NMG Aerospace.

The global commercial aircraft landing gear market grew from $8.15 billion in 2022 to $8.57 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The commercial aircraft landing gear market is expected to grow to $10.76 billion in 2027 at a CAGR of 5.9%.

The commercial aircraft landing gear market consists of sales of conventional, tandem and tricycle-type. Values in this market are: 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The commercial aircraft landing gear refers to providing undercarriage support for aircraft to arrange a suspension system during taxi, take-off, and landing. Its purpose is to absorb and disperse the angular momentum energy of landing impacts, lowering the impact force transferred to the aircraft.

North America was the largest region in the commercial aircraft landing gear market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial aircraft landing gear report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main gear positions of commercial landing gears include main landing and nose landing. Main landing systems refer to land gear systems, which are located close to the center of gravity of the aircraft. The different aircrafts utilizing commercial landing gear include a fixed wing and rotary wing aircraft. The end-users of commercial aircraft landing gears are commercial and armed forces.

The growing demand for aircraft is expected to propel the growth of the commercial aircraft landing gears market. Aviation provides a rapid global transportation network, fostering economic growth, job creation, and promoting international trade and tourism. The increased passenger and freight air transport demand have increased the purchase of new aircraft by air transportation and cargo service providers across the globe. The rapid growth in sales of aircraft is expected to boost the demand for landing gears, as they are a vital component in each aircraft. For instance, in January 2022, in a report published by Airbus, an aerospace corporation, achieved 611 deliveries in 2021, which is 8% higher than 566 deliveries in 2020. Therefore, increasing demand for aircraft is expected to boost demand for commercial aircraft landing gears during the forecast period.

The advanced landing gear technologies are a key trend gaining popularity in the commercial aircraft landing gears market. The market is witnessing the implementation of advanced landing gear technologies to absorb and dissipate the kinetic energy of landing impact by enabling technologies such as retractable landing gear sub-systems, hydraulic systems, and controllers. With such technologies, landing gear aids commercial aircraft through a wheel braking and speed controlling system, that provides directional control of the aircraft. Major companies operating in the commercial aircraft landing gears market are focused on delivering technologically advanced solutions to strengthen their market position. For instance, In October 2020, an India-based Government agency, Defence Research and Development Organisation, developed the unmanned aerial vehicle retractable landing gear system. This system works on the five system framework such as shock struts, wheel brake and steering actuator, retraction and deployment mechanism, hydraulic system, and landing gear controller.

In September 2022, Parker-Hannifin, a US-based manufacturer of motion and control technologies, acquired Meggitt PLC for approximately $17.6 billion (£6.3 billion). The acquisition complements the company's portfolio and provide extended geographic footprint to the company. Meggitt is a UK-based manufacturer of landing gear, braking systems, and furl systems.

The countries covered in the commercial aircraft landing gear report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The commercial aircraft landing gears market research report is one of a series of new reports from The Business Research Company that provides Commercial aircraft landing gears market statistics, including commercial aircraft landing gears industry global market size, regional shares, competitors with a commercial aircraft landing gears market share, detailed commercial aircraft landing gears market segments, market trends and opportunities, and any further data you may need to thrive in the commercial aircraft landing gears industry. This commercial aircraft landing gears market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Product Code: r4197

1. Executive Summary

2. Commercial Aircraft Landing Gear Market Characteristics

3. Commercial Aircraft Landing Gear Market Trends And Strategies

4. Commercial Aircraft Landing Gear Market - Macro Economic Scenario

4.1 COVID-19 Impact On Commercial Aircraft Landing Gear Market
4.2 Ukraine-Russia War Impact On Commercial Aircraft Landing Gear Market
4.3 Impact Of High Inflation On Commercial Aircraft Landing Gear Market

5. Commercial Aircraft Landing Gear Market Size And Growth

5.1. Global Commercial Aircraft Landing Gear Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
5.2. Global Commercial Aircraft Landing Gear Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market

6. Commercial Aircraft Landing Gear Market Segmentation

6.1. Global Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Main Landing
Nose Landing
6.2. Global Commercial Aircraft Landing Gear Market, Segmentation By Aircraft Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Fixed Wing
Rotary Wing
6.3. Global Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Commercial
Armed Forces

7. Commercial Aircraft Landing Gear Market Regional And Country Analysis

7.1. Global Commercial Aircraft Landing Gear Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Commercial Aircraft Landing Gear Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Commercial Aircraft Landing Gear Market

8.1. Asia-Pacific Commercial Aircraft Landing Gear Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8.3. Asia-Pacific Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Commercial Aircraft Landing Gear Market

9.1. China Commercial Aircraft Landing Gear Market Overview
9.2. China Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Commercial Aircraft Landing Gear Market

10.1. India Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Commercial Aircraft Landing Gear Market

11.1. Japan Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Commercial Aircraft Landing Gear Market

12.1. Australia Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Commercial Aircraft Landing Gear Market

13.1. Indonesia Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Commercial Aircraft Landing Gear Market

14.1. South Korea Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Commercial Aircraft Landing Gear Market

15.1. Western Europe Commercial Aircraft Landing Gear Market Overview
15.2. Western Europe Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Commercial Aircraft Landing Gear Market

16.1. UK Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Commercial Aircraft Landing Gear Market

17.1. Germany Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Commercial Aircraft Landing Gear Market

18.1. France Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Commercial Aircraft Landing Gear Market

19.1. Eastern Europe Commercial Aircraft Landing Gear Market Overview
19.2. Eastern Europe Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Commercial Aircraft Landing Gear Market

20.1. Russia Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Commercial Aircraft Landing Gear Market

21.1. North America Commercial Aircraft Landing Gear Market Overview
21.2. North America Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Commercial Aircraft Landing Gear Market

22.1. USA Commercial Aircraft Landing Gear Market Overview
22.2. USA Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Commercial Aircraft Landing Gear Market

23.1. South America Commercial Aircraft Landing Gear Market Overview
23.2. South America Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Commercial Aircraft Landing Gear Market

24.1. Brazil Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Commercial Aircraft Landing Gear Market

25.1. Middle East Commercial Aircraft Landing Gear Market Overview
25.2. Middle East Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Commercial Aircraft Landing Gear Market

26.1. Africa Commercial Aircraft Landing Gear Market Overview
26.2. Africa Commercial Aircraft Landing Gear Market, Segmentation By Gear Position, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Commercial Aircraft Landing Gear Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Commercial Aircraft Landing Gear Market Competitive Landscape And Company Profiles

27.1. Commercial Aircraft Landing Gear Market Competitive Landscape
27.2. Commercial Aircraft Landing Gear Market Company Profiles
- 27.2.1. CIRCOR Aerospace, Inc.
  - 27.2.1.1. Overview
  - 27.2.1.2. Products and Services
  - 27.2.1.3. Strategy
  - 27.2.1.4. Financial Performance
- 27.2.2. Heroux-Devtek Inc
  - 27.2.2.1. Overview
  - 27.2.2.2. Products and Services
  - 27.2.2.3. Strategy
  - 27.2.2.4. Financial Performance
- 27.2.3. Honeywell Aerospace
  - 27.2.3.1. Overview
  - 27.2.3.2. Products and Services
  - 27.2.3.3. Strategy
  - 27.2.3.4. Financial Performance
- 27.2.4. Liebherr Group
  - 27.2.4.1. Overview
  - 27.2.4.2. Products and Services
  - 27.2.4.3. Strategy
  - 27.2.4.4. Financial Performance
- 27.2.5. Magellan Aerospace Corporation
  - 27.2.5.1. Overview
  - 27.2.5.2. Products and Services
  - 27.2.5.3. Strategy
  - 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Commercial Aircraft Landing Gear Market

29. Commercial Aircraft Landing Gear Market Future Outlook and Potential Analysis

30. Appendix

30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer