Aerospace Landing Gear Market share research by applications and regions for 2017-2024 - PowerPoint PPT Presentation

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Aerospace Landing Gear Market share research by applications and regions for 2017-2024

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Title: Aerospace Landing Gear Market share research by applications and regions for 2017-2024


1
Aerospace Landing Gear Market Price, Trends,
Industry Outlook Forecast 2017-2024
2
Key Insights from Aerospace Landing Gear Market
  • Aerospace Landing Gear Market size is anticipated
    to grow significantly from 2017 to 2024.
    Increasing aircraft deliveries from regional
    airliners, especially in MEA and Asia Pacific
    coupled with rising procurement of UAVs and
    fighter aircrafts for military programs will
    primarily drive the industry growth.
  • Aerospace modernization, stringent regulations
    regarding specifications of aircraft components,
    and environmental concerns have contributed
    significantly towards the retirement of old
    aircraft fleet.
  • Aircraft landing gears have high life-span and
    possess lesser probability to get damaged. This
    leads to reduction of overall replacement needs
    of the product, hampering the industry growth
    over the coming years.
  • Aircraft manufacturers are investing heavily to
    adopt efficient and modernized aircraft systems
    for increasing the overall longevity and avoiding
    accidents service failure.

3
Continued...
  • Manufacturers are focusing on usage of
    lightweight materials for production of these
    landing gears. Increasing demand for lightweight
    landing gears is attributed to the benefits such
    as reduction of overall aircraft weight.
    Emergence of electric brakes is another trend
    that has gained prominence in the aerospace
    landing gear market.
  • Rotary wing is projected to grow substantially
    from 2017 to 2024. The high growth rate can be
    attributed to rising demand for helicopters,
    especially from military segment due to
    increasing usage for emergency medical services,
    critical missions, and transportation.
  • Aerospace landing gear market can be segmented
    based on applications into business, commercial,
    and military. Commercial sector is likely to
    capture significant industry share over the
    forecast timeframe owing to high deployment of
    landing gears in narrow body, wide body, and
    regional aircrafts.

4

Latest Research Report On Aerospace Landing Gear
Market _at_ https//www.gminsights.com/industry-ana
lysis/aerospace-landing-gear-market Request
for a table of content of this research report
_at_ https//www.gminsights.com/request-toc/upcoming
/2343
5
Major Companies in Aerospace Landing Gear Market
  • Liebherr-International AG
  • AAR Corp.
  • Safran S.A.
  • Circor International, Inc.
  • Magellan Aerospace Corporation
  • Héroux-Devtek Inc.
  • United Technologies Corporation
  • Triumph Group Inc.
  • SPP Canada Aircraft, Inc., Whippany Actuation
    Systems

6
Regional Insights in Aerospace Landing Gear
Market
  • North America aerospace landing gear market is
    anticipated to exhibit maximum revenue share
    owing to regular innovations in landing gears
    coupled with presence of major aircraft players
    such as Bombardier, Boeing, etc. Increasing
    military modernization programs across the region
    have resulted in high procurement of aircrafts
    such as UAVs and fighter jets, further supporting
    the regions dominance.

7
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