What is commercial aircraft landing gear?

Commercial aircraft landing gear refers to the undercarriage system of an aircraft, comprising wheels, brakes, shock absorbers, struts, and other components that support the aircraft during landing, takeoff, and taxiing.

How big is Commercial Aircraft Landing Gear Market?

The Global Commercial Aircraft Landing Gear Market size is expected to be worth around USD 12.6 Billion by 2033, from USD 3.5 Billion in 2023, growing at a CAGR of 13.5% during the forecast period from 2024 to 2033.

Which gear position segment accounted for the largest commercial aircraft landing gear market share?

In 2023, the Main Landing Gear Segment held a dominant position in the commercial aircraft landing gear market, capturing more than a 60% share.

Who are the key players in commercial aircraft landing gear market?

Some key players operating in the commercial aircraft landing gear market include Collins Aerospace, Parker- Hannifin Corporation, Whippany Actuation Systems, Héroux-Devtek Inc, UTC Aerospace Systems, Mecaer Aviation Group (MAG), Safran Landing Systems, Eaton Corporation plc, Honeywell International Inc., AAR Corp., Beaver Aerospace & Defense Inc., CIRCOR Aerospace Inc., Liebherr Group, Other Key Players

What are the factors driving the growth of the commercial aircraft landing gear market?

Factors driving market growth include increasing air passenger traffic, rising demand for new aircraft deliveries, fleet expansion plans by airlines, technological advancements in landing gear systems, and the need for lightweight and durable materials.

What are the challenges faced by the commercial aircraft landing gear market?

Challenges include high initial investment costs, stringent regulatory requirements, complexities in design and manufacturing, and the need for continuous maintenance and inspection to ensure safety and reliability.

Commercial Aircraft Landing Gear Market Size

Global Commercial Aircraft Landing Gear Market By Gear Position (Main Landing, Nose Landing), By Aircraft Type (Narrow-Body, Wide-Body, Regional Jet), By Sub-system (Steering System, Brake System, Actuation System, Others), By End User (OEM and Aftermarket), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

- Get a FREE Sample -

Our Clients