Expected To Boost Future Growth Of Aircraft Landing Gear Industry.


"Challenges related to landing gear design and development may restrain the future growth"

Aircraft landing gearis led by the North American region in 2018. North America led the global aircraft landing gear with more than 40% share, followed by Europe and Asia Pacific. The presence of well developed countries such as the US and Canada and high focus on aerospace and defense sector are two of the major factors responsible for the growth of aircraft landing gear market in this region. The North American region is also a hub of some of the world’s largest aircraft and helicopter manufacturers such as Boeing, Textron, Gulfstream, Lockheed Martin, Northrop Grumman, Piper Aircraft Inc., Cirrus Design Corporation, Electric Aircraft Corporation, and Bombardier. Hence, the presence of major aircraft manufacturers and increasing production of aircrafts for both commercial and military operations due to increasing global demand, are two of the major factors that are expected to drive the market for aircraft landing gear in this region.

For More Information @ https://bit.ly/3fXgeXd



Aviation industry is quite dynamic in nature as it adapts quickly with the ever-changing market forces and customer expectations. The macroeconomic trends across geographies shape the overall growth outlook of aviation industry. The three major macro factors that are affecting the growth of global aviation industry include rising demand of air travel, regulatory and infrastructure developments, and technological advancements in aircrafts. The expanding network of airports and market liberalization policies are driving the aviation industry. Liberalization policies in various countries are encouraging significant growth in air traffic by removing constraints on pricing, route entry, and service capacity. Hence, the positive growth outlook of the global aviation industry is leading to the increased demand of both passenger and freight aircrafts globally. During the forecast period of 2019 to 2027, this increased demand is expected to fuel the growth of global aircraft landing gear market.

Global Aircraft landing gear Market - Company Profiles

  • Safran S.A.
  • Liebherr Group
  • HéROUX-DEVTEK INC.
  • CIRCOR International, INC.
  • Collins Aerospace
  • Sumitomo Precision Products Co., Ltd.
  • GKN Aerospace Services Ltd.
  • AAR CORP.
  • Triumph Group Inc.
  • Magellan Aerospace Corporation

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