AIRCRAFT LANDING GEAR MARKET 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 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.
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71 - Tables 62 - Figures 134 - Pages
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Browse and in-depth TOC on “Aircraft Landing Gear Market - Global Forecast to 2023" 104 - Tables 45 - Figures 164 - Pages
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■ “The commercial aviation segment is projected to lead the aircraft landing gear market during the forecast period.” 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.
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