Aircraft Landing Gear Market expected to reach 13.14 Billion USD by over 2018– 2021: Revenue, Share and Forecast To 2021
2018-2021 MarketsandMarkets India, Pune
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Aircraft Landing Gear Market expected to reach 13.14 Billion USD by over 2018–2021: Revenue, Share and Forecast To 2021 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. The objective of this study is to analyze, define, describe, and forecast the global market based on type, platform, application, aircraft type, and region. The report also focuses on the competitive landscape of this market and presents profiles of companies on the basis of their financial positions, product portfolios, growth strategies, core competencies, and market shares, to anticipate the degree of competition prevailing in the global aircraft landing gear market. This report also tracks and analyzes growth strategies, such as partnerships, mergers & acquisitions (M&A), new product developments, and research & development (R&D) activities undertaken by the key players in the global aircraft landing gear market. In this report on the global market, 2015 has been considered the base year and the forecast period taken into account is from 2016 to 2021
Aircraft Landing Gear Market expected to reach 13.14 Billion USD by over 2018–2021
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BASED ON PLATFORM, THE 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 GLOBAL AIRCRAFT LANDING GEAR MARKET DURING THE FORECAST PERIOD. THE GROWTH OF 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.
MARKET ECOSYSTEM THE ECOSYSTEM OF THE GLOBAL AIRCRAFT LANDING GEAR MARKET COMPRISES TYPE, AND APPLICATION. THE AIRCRAFT LANDING GEAR VALUE CHAIN INCLUDES RAW MATERIAL MANUFACTURERS, SUCH AS UTC AEROSPACE SYSTEM, (U.S.), MOOG INC. (U.S.), AND PARKER HANNIFIN CORPORATION (U.S.), AMONG OTHERS. THE KEY PLAYERS OPERATING IN THE MARKET INCLUDE 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. CONTRACTS AND ACQUISITIONS ARE THE MAJOR STRATEGIES ADOPTED BY THE KEY PLAYERS TO STRENGTHEN THEIR POSITIONS IN THE GLOBAL AIRCRAFT LANDING GEAR MARKET. THIS REPORT AIMS TO HELP MANUFACTURERS, SUPPLIERS, AND DISTRIBUTORS OF AIRCRAFT LANDING GEAR, AS WELL AS SUB-COMPONENT MANUFACTURERS TO IDENTIFY THE REVENUE POCKETS IN THIS MARKET. TARGET AUDIENCE FOR THIS REPORT AIRCRAFT LANDING GEAR MANUFACTURERS ORIGINAL EQUIPMENT MANUFACTURERS (OEMS) SUB-COMPONENT MANUFACTURERS TECHNOLOGICAL SUPPORT PROVIDERS AIRCRAFT MANUFACTURERS’ ASSOCIATIONS MANUFACTURERS OF UNMANNED AERIAL VEHICLES 3
“THIS STUDY ANSWERS SEVERAL QUESTIONS FOR STAKEHOLDERS, PRIMARILY, WHICH MARKET SEGMENTS THEY SHOULD FOCUS UPON DURING THE NEXT TWO TO FIVE YEARS TO PRIORITIZE THEIR EFFORTS AND INVESTMENTS IN THE AIRCRAFT LANDING GEAR MARKET.”
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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.
“THE NORTH AMERICAN REGION IS ESTIMATED TO ACCOUNT FOR THE LARGEST SHARE OF THE AIRCRAFT LANDING GEAR MARKET DURING THE FORECAST PERIOD.”
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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. 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.
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