Aircraft landing gear is used to support entire weight of an aircraft at the time of landing and ground operations. Generally, landing gear depends upon the aircraft design and their application. Most of the landing gears have wheels in order to carry take-off and landing. Skids are used in helicopter and skies for the aircraft operating in frozen lakes and snowy areas. Global aircraft landing is growing considerably due to the growth in air traffic and over-all air transportation industry. Additionally, demand of private jets and aircraft are also increasing all across the globe. Some of the restrain to the market are complex designs and high risk associated with the aircraft and landing gears. Moreover, rising number of aircraft passenger in emerging economies is one of the major factors augmenting the market.
On the basis of the geography, aircraft landing gear market is segmented into North America, Asia-Pacific, Europe and Rest of the World. United States is estimated to hold the dominant position in the market on the basis of passenger carried followed by the China. As per International Air Transport Association (IATA), China will overcome the US and become leading aviation market by passenger during 2022-23. Additionally, India is estimated to be third largest aviation market by passenger supressing the UK by 2025.
Key players of aircraft landing gear market include SPP Canada Aircraft, Inc., Safran Landing Systems, H?roux-Devtek Inc., AAR Corp., CIRCOR International, Eaton Corp., Honeywell International Inc., Triumph Group, and others. The companies are studied with different aspects in order to get information about strategies opted by them in recent period. Major activities that the companies are implementing in aircraft landing gear market are merger and acquisition, and product launch.
The market study of global aircraft landing gear market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analysing various regional players, regional tax laws and policies, consumer behaviour and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings the authenticity in our reports.
Secondary sources include
- Financial reports of the major market players
- Major aircraft orders by the government, private industry in commercial and defence field
- Company websites and their product catalogue
- Geographical location of major market players and their recent expansions
- New technology development and innovations in landing gear market
The report is intended for landing gear manufacturing companies, aircraft companies, government organizations or any investing firms for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, growth opportunity in market, and product types. The report will serve as a source for 360-degree analysis of the market thoroughly delivering valuable insights into the market for better business decisions.
Global aircraft landing gear market is segmented on the basis of regional outlook and following segments:
1. Global Aircraft Landing Gear Market Research and Analysis by Type
2. Global Aircraft Landing Gear Market Research and Analysis by Application
3. Global Aircraft Landing Gear Market Research and Analysis by Geography
THE REPORT COVERS
- Comprehensive research methodology of global aircraft landing gear market.
- This report also includes detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global aircraft landing gear market.
- Insights about market determinants which are stimulating the global aircraft landing gear
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.