Press release
Aircraft Landing Gear :- Key Industry Dynamics
The Aircraft Landing Gear Market size is projected to reach US$ 13.88 billion by 2031 from US$ 8.85 billion in 2023. The market is expected to register a CAGR of 5.8% in 2023-2031.One of the major trends in the aircraft landing gear market is the demand-driven from the aftermarket due to the constantly rising fleet of commercial and civil aircraft models worldwide. In general, the service life of the landing gear for commercial airplanes for overhaul is between 200 to 400 landing cycles depending upon the weight of the aircraft models. Further, the rise in several older aircraft that require C/D checks during maintenance is another major factor likely to drive the market for aircraft landing gear market from 2023 to 2031.
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Market leaders and key company profiles
Safran
Liebherr Group
Hroux-Devtek Inc
Collins Aerospace
Triumph Group Inc
Circor International Inc
Sumitomo Precision Products Co Ltd
GKN Aerospace Services Limited
AAR Corp
Magellan Aerospace Corporation
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Contact Person: Ankit Mathur
Sr. Vice President - Research
Phone: +1-646-491-9876
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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