Aircraft Landing Gear Market Report 2022: Market Size, Trends, And Forecast To 2026
The Business Research Company’s Aircraft Landing Gear Market Report 2022: Market Size, Trends, And Forecast To 2026
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As per The Business Research Company’s “Aircraft Landing Gear Global Market Report 2022”, the aircraft landing gear market is expected to grow from $10.77 billion in 2021 to $11.56 billion in 2022 at a compound annual growth rate (CAGR) of 7.34%. 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, affecting many markets across the globe. As per TBRC’s aircraft landing gear market research the market is expected to reach $16.06 billion in 2026 at a CAGR of 8.57%. The increasing procurement of modern generation aircraft is expected to propel the growth of the aircraft landing gear market.
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Key Trends In The Aircraft Landing Gear Market
Technological advancements in the aircraft landing gear are the key trend being followed by the companies operating in the market. Companies are focusing on manufacturing lighter landing gears with lower complexity.
Overview Of The Aircraft Landing Gear Market
The aircraft landing gear market consists of sales of landing gear by entities (organizations, sole traders, and partnerships) that is used in both takeoff and landing of aircraft. Aircraft landing gear is the undercarriage of an aircraft that supports the aircraft to take off, land, and taxi without any damage. It generally consists of structural members, hydraulics, energy absorption components, brakes, wheels, and tires and provides direct control of the aircraft through the provisions of integrating supportive systems for the aircraft.
Learn more on the global aircraft landing gear market report at:
https://www.thebusinessresearchcompany.com/report/aircraft-landing-gear-global-market-report
Aircraft Landing Gear Global Market Report 2022 from TBRC covers the following information:
Market Size Data
• Forecast period: Historical and Future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Market Segmentation
• By Gear Type: Main Landing Gear, Nose Landing Gear
• By Aircraft Type: Fixed Wing, Rotary Wing
• By End User: OEM, Aftermarket
• By Geography: The global aircraft landing gear market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America holds the largest share in the market.
Major market players such as Safran, Collins Aerospace, Liebherr, Sumitomo Precision Products Co. Ltd, Triumph Group, AAR Corporation, CIRCOR International Inc, GKN Aerospace Services Ltd., Magellan Aerospace Corporation, SPP Canada Aircraft Inc, Hawker Pacific Aerospace, Revima Group, Meggitt PLC, Parker-Hannifin Corporation, Crane Co. and Moog Inc.
Trends, opportunities, strategies and so much more.
Aircraft Landing Gear Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides an overview of aircraft landing gear global market. The market report analyzes aircraft landing gear global market size, aircraft landing gear market growth drivers, aircraft landing gear global market segmentation, aircraft landing gear global market major players, aircraft landing gear global market growth across geographies, and aircraft landing gear market competitors’ revenues and market positioning. The aircraft landing gear market report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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