Aerospace

Aircraft Landing Gear Repair and Overhaul Market

Aircraft Landing Gear Repair and Overhaul Market Research Report: Size, Share, Trend Analysis Aircraft Type (Fixed-Wing, Rotary-Wing), Component (Landing Gear Steering System, Actuation System, Others), Gear Position (Main Landing Gear, Nose Landing Gear), Application (Commercial, Military) and By Region (Asia Pacific, South America, Europe, North America, Middle East and Africa) - Growth Outlook & Industry Forecast To 2025

Vertical: AnDBase Year: 201810 Sections

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Executive Summary

Aircraft Landing Gear Repair and Overhaul Market — Snapshot

  • Market Size (2018)

    2018

    $1.72B

  • Projected (2025)

    2025

    $2.37B

  • CAGR (2018–2025)

    4.7%

  • Key Players

    10+

The demand for Aircraft Landing Gear Repair and Overhaul services has increased owing to the rise in air traffic and the subsequent growth of the airline industry. Moreover, the focus on flight safety and the demand for maintenance of advanced lightweight landing gears is expected to fuel market growth. Due to an increase in the number of aircraft, it is expected that there will be extensive participation of regional companies and maintenance, repair and overhaul (MRO) providers.

The global aircraft landing gear repair and overhaul market is expected to register a CAGR of 4.76% during the forecast period of 2019 to 2025. In 2018, the market was led by North America with a 32.88% share, followed by Europe and Asia-Pacific with shares of 25.30% and 23.70%, respectively. The growth of the global aircraft landing gear repair and overhaul market can be attributed to the increasing demand for aircraft MRO outsourcing and rising investments in aircraft MRO services.

The global aircraft landing gear repair and overhaul market has been segmented based on aircraft type, component, gear position, application, and region. On the basis of aircraft type, in 2018, the fixed-wing market segment accounted for the largest share of 64.64% of the global aircraft landing gear repair and overhaul market. By application, the commercial market segment accounted for the largest share of 58.80% of the global aircraft landing gear repair and overhaul market in 2018. Based on component, the landing gear steering market segment led the market with 39.25% of the global aircraft landing gear repair and overhaul market in 2018. The main landing gear segment was the largest gear position market in 2018 with 60.01% of the global aircraft landing gear repair and overhaul market.

Key Insight

The Aircraft Landing Gear Repair and Overhaul Market market is projected to grow at a CAGR of 4.7% from 2018 to 2025.

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Market Scope & Coverage

What this report covers

  • Geographic Coverage: This analysis covers 5 regions: Asia Pacific, South America, Europe, North America, Middle East and Africa.
  • Market Segmentation: The market is analyzed across 2 segments: Fixed-Wing, Rotary-Wing. Forecasts are provided for each segment from 2018 to 2025.
  • Competitive Landscape: 10 leading companies are profiled, covering market positioning, strategies, and recent developments.

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Aircraft Landing Gear Repair and Overhaul Market

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