2:11 PM The Aircraft Landing Gear Market to experience an impressive growth of 8.2% during 2020-2025 |
Stratview Research experts have done an extensive study of data from different sources and have analyzed them to come up with the Aircraft Landing Gear Market report. The report offers insight into the current market trend and the future estimations. The report on Aircraft Landing Gear Market, by Stratview Research, will showcase the market trend of 2014-2019 and forecast period of 2020-2025. Get a Free Sample of the Report here: https://www.stratviewresearch.com/Request-Sample/694/aircraft-landing-gear-market.html Aircraft Landing Gear Market is likely to witness an impressive CAGR of 8.2% during the forecast period. Procurement of fighter aircraft and unmanned aerial systems in military programs across the world and the increasing demand for new aircraft from regional airline companies in the Asia-Pacific and Middle-Eastern regions are the major factors bolstering the demand for aircraft landing gear across the globe during the forecast period. Some of the major players in the aircraft landing gear market are AAR Corp., Circor International, Inc., GKN Aerospace Services Ltd., Héroux-Devtek Inc., Liebherr-International AG, Magellan Aerospace Corporation, Safran S.A., SPP Canada Aircraft, Inc., Triumph Group Inc., and United Technologies Corporation. Looking for a specific topic? Scan through the Table of Contents here: https://www.stratviewresearch.com/toc/694/aircraft-landing-gear-market.html OR View detailed summary of the report here: https://www.stratviewresearch.com/694/aircraft-landing-gear-market.html The report on Aircraft Landing Gear Market is explained segment-wise for a better understanding of the market trend. Based on the application type, the market is segmented as commercial, business, military, and others. The commercial aviation segment includes narrow-body aircraft, wide-body aircraft, very large aircraft, and regional transport aircraft. The mounting demand for new aircraft from regional airline companies in the Asia-Pacific and Middle-Eastern regions is one of the prime factors underpinning the market. In addition, the market is driven by the increasing air passenger traffic, owing to the rising affordability, which is translating into the demand for new aircraft, thereby influencing the market growth positively. Based on the platform type, the market is segmented as fixed wing and rotary wing. The rotary wing segment is estimated to register a faster growth in the coming five years, owing to the growing demand for helicopters from the military sector. Demand for helicopters is due to the rising application of helicopters for emergency medical services, transport, and special missions. In terms of regions, the North American region is expected to dominate the global aircraft landing gear market during the forecast period, driven by the technological progressions shaping up in aircraft landing gear and the regional presence of major aircraft manufacturers, such as The Boeing Company (U.S.) and Bombardier Inc. (Canada). Escalating aircraft orders from these manufacturers by the regional airline companies in the Asia-Pacific and Middle-Eastern regions is further boosting the growth of the region’s market. Growing military upgrade programs, which comprise the augmented procurement of unmanned air vehicles and advanced fighter jets, among others is also expected to propel the North American market during the forecast period. Salient Features of the Report The Stratview Report will offer you a detailed view the growth of the aircraft landing gear market and the future prospects of the market. Here are the key features of the report:
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