PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1530887
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1530887
Aircraft Landing Gear Market Forecasts to 2030 - Global Analysis By Component (Retraction System and Brakes & Wheels), Aircraft Type (Rotary Wing and Fixed Wing), Type (Nose Landing Gear and Main Landing Gear) and By Geography
According to Stratistics MRC, the Global Aircraft Landing Gear Market is accounted for $7.7 billion in 2024 and is expected to reach $12.6 billion by 2030 growing at a CAGR of 8.6% during the forecast period. Aircraft landing gear is a crucial component designed to support an aircraft during takeoff, landing, and while on the ground. It typically consists of wheels or skids, along with struts that absorb the impact of landing and help in distributing the weight of the aircraft evenly. The system includes not only the wheels but also brakes, shock absorbers, and retractable mechanisms in many modern aircraft. The primary functions of landing gear are to ensure a safe and smooth touchdown, facilitate ground maneuvering, and provide structural support to the aircraft when it is on the ground.
According to Airport Business in 2020, the UK aviation minister announced £30 million (€35m) for the departure lounge construction at Birmingham Airport.
Market Dynamics:
Driver:
Increasing air travel demand
As air travel demand continues to surge, the aviation industry is experiencing significant advancements in aircraft landing gear technology. To accommodate larger fleets and heavier, more fuel-efficient aircraft, landing gear systems must evolve to handle increased stresses and operational demands. Innovations in materials, such as high-strength composites and advanced alloys, are being employed to enhance durability while reducing weight. Additionally, sophisticated landing gear designs now incorporate advanced shock absorption and vibration dampening technologies to ensure smoother landings and greater reliability.
Restraint:
High development and maintenance costs
The high development and maintenance costs of aircraft landing gear pose significant challenges to the aviation industry. Designing landing gear systems involves advanced engineering and materials science to ensure safety, durability, and performance under extreme conditions. This complexity requires extensive research, testing, and certification processes, all of which contribute to substantial initial development expenses. However, maintenance costs are elevated due to the need for regular inspections, overhauls, and parts replacements to maintain operational safety and compliance with stringent regulations.
Opportunity:
Rising focus on fuel efficiency
The increasing emphasis on fuel efficiency in aviation is driving substantial advancements in aircraft landing gear design. As airlines and manufacturers strive to reduce operational costs and environmental impact, landing gear systems are evolving to support these goals. Modern landing gears are being engineered to be lighter and more aerodynamically efficient, which contributes to overall fuel savings by reducing the aircraft's weight and drag. Innovations such as advanced materials, optimized structural designs and integrated systems for real-time performance monitoring are key factors in these improvements.
Threat:
Regulatory and financial barriers to innovation
Regulatory and financial barriers are significant challenges hindering innovation in aircraft landing gear systems. Stringent regulatory requirements, designed to ensure safety and reliability, often impose rigorous testing and certification processes that can slow down the introduction of new technologies. Compliance with these regulations requires substantial time and investment, which can deter companies from pursuing novel solutions. Financially, the high cost of research, development, and testing further strains budgets, particularly for smaller firms or startups. The risk of investing in unproven technologies creates uncertainty, making it difficult to secure funding.
Covid-19 Impact:
The COVID-19 pandemic significantly impacted the aircraft landing gear sector due to reduced airline operations and maintenance activities. With global travel restrictions and a sharp decline in air travel, airlines grounded fleets and postponed or canceled scheduled maintenance and overhauls, which directly affected landing gear servicing and replacement. The resultant decrease in demand led to a slowdown in production and a backlog of parts and services within the landing gear supply chain. However, the pandemic disrupted global supply chains, causing delays in the procurement of critical materials and components essential for landing gear production and repair.
The Retraction System segment is expected to be the largest during the forecast period
Retraction System segment is expected to be the largest during the forecast period by optimizing its functionality and efficiency. This system is responsible for the controlled retraction and deployment of the landing gear during takeoff and landing phases. Modern advancements in the Retraction System involve sophisticated hydraulic or electric actuators that ensure smooth and reliable operation. By integrating advanced sensors and control algorithms, the system can precisely manage gear position, reducing mechanical wear and improving safety. Enhanced retractable gear systems also play a role in minimizing drag and fuel consumption, leading to overall improved aircraft performance.
The Main Landing Gear segment is expected to have the highest CAGR during the forecast period
Main Landing Gear segment is expected to have the highest CAGR during the forecast period. This segment involves the continuous development and refinement of components such as the shock absorbers, struts, and wheels, which collectively contribute to a smoother landing experience and improved safety. By incorporating advanced materials and innovative engineering designs, the Main Landing Gear segment aims to reduce weight, increase durability, and enhance the overall operational efficiency of the landing gear.
Region with largest share:
North America region dominated the largest market share over the extrapolated period due to the rapid industrialization and increased air travel, airlines are investing in modern aircraft and upgrading existing fleets. This surge in demand for new aircraft components, including landing gear systems, creates opportunities for North American manufacturers to supply high-quality, advanced products throughout the region. Additionally, the competitive pressure from emerging markets spurs innovation and efficiency improvements in North American companies. This interplay not only boosts production but also enhances the industry's ability to meet evolving safety and performance standards across the region.
Region with highest CAGR:
Europe region is poised to hold profitable growth during the projection period. In the European aviation sector, government regulations are substantially enhancing the development and safety of aircraft landing gear. The European Union Aviation Safety Agency (EASA) mandates stringent standards for landing gear systems, ensuring they meet high performance and safety benchmarks. These regulations drive innovation by encouraging manufacturers to adopt advanced materials and technologies, improving the durability and efficiency of landing gear across the region.
Key players in the market
Some of the key players in Aircraft Landing Gear market include AAR Corporation, BAE Systems, Boeing Commercial Airplanes, Elbit Systems, Hawker Pacific Aerospace, Honda Aircraft Company, Honeywell International, Inc, Magellan Aerospace Corporation, Safran Landing Systems, Textron Aviation and Triumph Group Inc.
Key Developments:
In February 2024, Liebherr Aerospace announced signed a long term service contract with Japan Airlines (JAL) for the overhaul of aircraft landing systems. Liebherr would offer its extensive service and product portfolio for the maintenance, repair, and overhaul of landing systems for JAL's operational fleet.
In October 2023, Safran Landing Systems announced that the company signed a five year contract with airline company Wizz Air where the company would be provided with MRO operations for 57 aircrafts.
In October 2023, Supernal announced a collaboration with Mecaer Aviation Group and Hyundai WIA to develop landing gear for its SA-1 eVTOL aircraft, with plans for a technology demonstrator by late 2024. The partnership capitalizes on Mecaer's expertise in landing gear design and Hyundai WIA's precision manufacturing capabilities.
In August 2023, WAAM3D joined the I-Break project, a £22.5m collaboration led by Airbus and 15 partners. The initiative aimed to advance lower-emission aerospace technology by innovating landing gear components, utilizing additive manufacturing and composite techniques to accelerate production and reduce the industrial CO2 footprint by 30%.
Components Covered:
- Retraction System
- Brakes & Wheels
Aircraft Types Covered:
- Rotary Wing
- Fixed Wing
Types Covered:
- Nose Landing Gear
- Main Landing Gear
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Emerging Markets
- 3.7 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Aircraft Landing Gear Market, By Component
- 5.1 Introduction
- 5.2 Retraction System
- 5.3 Brakes & Wheels
6 Global Aircraft Landing Gear Market, By Aircraft Type
- 6.1 Introduction
- 6.2 Rotary Wing
- 6.2.1 Commercial Helicopter
- 6.2.2 Rotary UAVs
- 6.3 Fixed Wing
- 6.3.1 Business Jet & General Aviation
- 6.3.2 Special Mission Aircraft
- 6.3.3 Military Aviation
- 6.3.4 Unmanned Aerial Vehicle
7 Global Aircraft Landing Gear Market, By Type
- 7.1 Introduction
- 7.2 Nose Landing Gear
- 7.3 Main Landing Gear
8 Global Aircraft Landing Gear Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 AAR Corporation
- 10.2 BAE Systems
- 10.3 Boeing Commercial Airplanes
- 10.4 Elbit Systems
- 10.5 Hawker Pacific Aerospace
- 10.6 Honda Aircraft Company
- 10.7 Honeywell International, Inc
- 10.8 Magellan Aerospace Corporation
- 10.9 Safran Landing Systems
- 10.10 Textron Aviation
- 10.11 Triumph Group Inc
List of Tables
- Table 1 Global Aircraft Landing Gear Market Outlook, By Region (2022-2030) ($MN)
- Table 2 Global Aircraft Landing Gear Market Outlook, By Component (2022-2030) ($MN)
- Table 3 Global Aircraft Landing Gear Market Outlook, By Retraction System (2022-2030) ($MN)
- Table 4 Global Aircraft Landing Gear Market Outlook, By Brakes & Wheels (2022-2030) ($MN)
- Table 5 Global Aircraft Landing Gear Market Outlook, By Aircraft Type (2022-2030) ($MN)
- Table 6 Global Aircraft Landing Gear Market Outlook, By Rotary Wing (2022-2030) ($MN)
- Table 7 Global Aircraft Landing Gear Market Outlook, By Commercial Helicopter (2022-2030) ($MN)
- Table 8 Global Aircraft Landing Gear Market Outlook, By Rotary UAVs (2022-2030) ($MN)
- Table 9 Global Aircraft Landing Gear Market Outlook, By Fixed Wing (2022-2030) ($MN)
- Table 10 Global Aircraft Landing Gear Market Outlook, By Business Jet & General Aviation (2022-2030) ($MN)
- Table 11 Global Aircraft Landing Gear Market Outlook, By Special Mission Aircraft (2022-2030) ($MN)
- Table 12 Global Aircraft Landing Gear Market Outlook, By Military Aviation (2022-2030) ($MN)
- Table 13 Global Aircraft Landing Gear Market Outlook, By Unmanned Aerial Vehicle (2022-2030) ($MN)
- Table 14 Global Aircraft Landing Gear Market Outlook, By Type (2022-2030) ($MN)
- Table 15 Global Aircraft Landing Gear Market Outlook, By Nose Landing Gear (2022-2030) ($MN)
- Table 16 Global Aircraft Landing Gear Market Outlook, By Main Landing Gear (2022-2030) ($MN)
- Table 17 North America Aircraft Landing Gear Market Outlook, By Country (2022-2030) ($MN)
- Table 18 North America Aircraft Landing Gear Market Outlook, By Component (2022-2030) ($MN)
- Table 19 North America Aircraft Landing Gear Market Outlook, By Retraction System (2022-2030) ($MN)
- Table 20 North America Aircraft Landing Gear Market Outlook, By Brakes & Wheels (2022-2030) ($MN)
- Table 21 North America Aircraft Landing Gear Market Outlook, By Aircraft Type (2022-2030) ($MN)
- Table 22 North America Aircraft Landing Gear Market Outlook, By Rotary Wing (2022-2030) ($MN)
- Table 23 North America Aircraft Landing Gear Market Outlook, By Commercial Helicopter (2022-2030) ($MN)
- Table 24 North America Aircraft Landing Gear Market Outlook, By Rotary UAVs (2022-2030) ($MN)
- Table 25 North America Aircraft Landing Gear Market Outlook, By Fixed Wing (2022-2030) ($MN)
- Table 26 North America Aircraft Landing Gear Market Outlook, By Business Jet & General Aviation (2022-2030) ($MN)
- Table 27 North America Aircraft Landing Gear Market Outlook, By Special Mission Aircraft (2022-2030) ($MN)
- Table 28 North America Aircraft Landing Gear Market Outlook, By Military Aviation (2022-2030) ($MN)
- Table 29 North America Aircraft Landing Gear Market Outlook, By Unmanned Aerial Vehicle (2022-2030) ($MN)
- Table 30 North America Aircraft Landing Gear Market Outlook, By Type (2022-2030) ($MN)
- Table 31 North America Aircraft Landing Gear Market Outlook, By Nose Landing Gear (2022-2030) ($MN)
- Table 32 North America Aircraft Landing Gear Market Outlook, By Main Landing Gear (2022-2030) ($MN)
- Table 33 Europe Aircraft Landing Gear Market Outlook, By Country (2022-2030) ($MN)
- Table 34 Europe Aircraft Landing Gear Market Outlook, By Component (2022-2030) ($MN)
- Table 35 Europe Aircraft Landing Gear Market Outlook, By Retraction System (2022-2030) ($MN)
- Table 36 Europe Aircraft Landing Gear Market Outlook, By Brakes & Wheels (2022-2030) ($MN)
- Table 37 Europe Aircraft Landing Gear Market Outlook, By Aircraft Type (2022-2030) ($MN)
- Table 38 Europe Aircraft Landing Gear Market Outlook, By Rotary Wing (2022-2030) ($MN)
- Table 39 Europe Aircraft Landing Gear Market Outlook, By Commercial Helicopter (2022-2030) ($MN)
- Table 40 Europe Aircraft Landing Gear Market Outlook, By Rotary UAVs (2022-2030) ($MN)
- Table 41 Europe Aircraft Landing Gear Market Outlook, By Fixed Wing (2022-2030) ($MN)
- Table 42 Europe Aircraft Landing Gear Market Outlook, By Business Jet & General Aviation (2022-2030) ($MN)
- Table 43 Europe Aircraft Landing Gear Market Outlook, By Special Mission Aircraft (2022-2030) ($MN)
- Table 44 Europe Aircraft Landing Gear Market Outlook, By Military Aviation (2022-2030) ($MN)
- Table 45 Europe Aircraft Landing Gear Market Outlook, By Unmanned Aerial Vehicle (2022-2030) ($MN)
- Table 46 Europe Aircraft Landing Gear Market Outlook, By Type (2022-2030) ($MN)
- Table 47 Europe Aircraft Landing Gear Market Outlook, By Nose Landing Gear (2022-2030) ($MN)
- Table 48 Europe Aircraft Landing Gear Market Outlook, By Main Landing Gear (2022-2030) ($MN)
- Table 49 Asia Pacific Aircraft Landing Gear Market Outlook, By Country (2022-2030) ($MN)
- Table 50 Asia Pacific Aircraft Landing Gear Market Outlook, By Component (2022-2030) ($MN)
- Table 51 Asia Pacific Aircraft Landing Gear Market Outlook, By Retraction System (2022-2030) ($MN)
- Table 52 Asia Pacific Aircraft Landing Gear Market Outlook, By Brakes & Wheels (2022-2030) ($MN)
- Table 53 Asia Pacific Aircraft Landing Gear Market Outlook, By Aircraft Type (2022-2030) ($MN)
- Table 54 Asia Pacific Aircraft Landing Gear Market Outlook, By Rotary Wing (2022-2030) ($MN)
- Table 55 Asia Pacific Aircraft Landing Gear Market Outlook, By Commercial Helicopter (2022-2030) ($MN)
- Table 56 Asia Pacific Aircraft Landing Gear Market Outlook, By Rotary UAVs (2022-2030) ($MN)
- Table 57 Asia Pacific Aircraft Landing Gear Market Outlook, By Fixed Wing (2022-2030) ($MN)
- Table 58 Asia Pacific Aircraft Landing Gear Market Outlook, By Business Jet & General Aviation (2022-2030) ($MN)
- Table 59 Asia Pacific Aircraft Landing Gear Market Outlook, By Special Mission Aircraft (2022-2030) ($MN)
- Table 60 Asia Pacific Aircraft Landing Gear Market Outlook, By Military Aviation (2022-2030) ($MN)
- Table 61 Asia Pacific Aircraft Landing Gear Market Outlook, By Unmanned Aerial Vehicle (2022-2030) ($MN)
- Table 62 Asia Pacific Aircraft Landing Gear Market Outlook, By Type (2022-2030) ($MN)
- Table 63 Asia Pacific Aircraft Landing Gear Market Outlook, By Nose Landing Gear (2022-2030) ($MN)
- Table 64 Asia Pacific Aircraft Landing Gear Market Outlook, By Main Landing Gear (2022-2030) ($MN)
- Table 65 South America Aircraft Landing Gear Market Outlook, By Country (2022-2030) ($MN)
- Table 66 South America Aircraft Landing Gear Market Outlook, By Component (2022-2030) ($MN)
- Table 67 South America Aircraft Landing Gear Market Outlook, By Retraction System (2022-2030) ($MN)
- Table 68 South America Aircraft Landing Gear Market Outlook, By Brakes & Wheels (2022-2030) ($MN)
- Table 69 South America Aircraft Landing Gear Market Outlook, By Aircraft Type (2022-2030) ($MN)
- Table 70 South America Aircraft Landing Gear Market Outlook, By Rotary Wing (2022-2030) ($MN)
- Table 71 South America Aircraft Landing Gear Market Outlook, By Commercial Helicopter (2022-2030) ($MN)
- Table 72 South America Aircraft Landing Gear Market Outlook, By Rotary UAVs (2022-2030) ($MN)
- Table 73 South America Aircraft Landing Gear Market Outlook, By Fixed Wing (2022-2030) ($MN)
- Table 74 South America Aircraft Landing Gear Market Outlook, By Business Jet & General Aviation (2022-2030) ($MN)
- Table 75 South America Aircraft Landing Gear Market Outlook, By Special Mission Aircraft (2022-2030) ($MN)
- Table 76 South America Aircraft Landing Gear Market Outlook, By Military Aviation (2022-2030) ($MN)
- Table 77 South America Aircraft Landing Gear Market Outlook, By Unmanned Aerial Vehicle (2022-2030) ($MN)
- Table 78 South America Aircraft Landing Gear Market Outlook, By Type (2022-2030) ($MN)
- Table 79 South America Aircraft Landing Gear Market Outlook, By Nose Landing Gear (2022-2030) ($MN)
- Table 80 South America Aircraft Landing Gear Market Outlook, By Main Landing Gear (2022-2030) ($MN)
- Table 81 Middle East & Africa Aircraft Landing Gear Market Outlook, By Country (2022-2030) ($MN)
- Table 82 Middle East & Africa Aircraft Landing Gear Market Outlook, By Component (2022-2030) ($MN)
- Table 83 Middle East & Africa Aircraft Landing Gear Market Outlook, By Retraction System (2022-2030) ($MN)
- Table 84 Middle East & Africa Aircraft Landing Gear Market Outlook, By Brakes & Wheels (2022-2030) ($MN)
- Table 85 Middle East & Africa Aircraft Landing Gear Market Outlook, By Aircraft Type (2022-2030) ($MN)
- Table 86 Middle East & Africa Aircraft Landing Gear Market Outlook, By Rotary Wing (2022-2030) ($MN)
- Table 87 Middle East & Africa Aircraft Landing Gear Market Outlook, By Commercial Helicopter (2022-2030) ($MN)
- Table 88 Middle East & Africa Aircraft Landing Gear Market Outlook, By Rotary UAVs (2022-2030) ($MN)
- Table 89 Middle East & Africa Aircraft Landing Gear Market Outlook, By Fixed Wing (2022-2030) ($MN)
- Table 90 Middle East & Africa Aircraft Landing Gear Market Outlook, By Business Jet & General Aviation (2022-2030) ($MN)
- Table 91 Middle East & Africa Aircraft Landing Gear Market Outlook, By Special Mission Aircraft (2022-2030) ($MN)
- Table 92 Middle East & Africa Aircraft Landing Gear Market Outlook, By Military Aviation (2022-2030) ($MN)
- Table 93 Middle East & Africa Aircraft Landing Gear Market Outlook, By Unmanned Aerial Vehicle (2022-2030) ($MN)
- Table 94 Middle East & Africa Aircraft Landing Gear Market Outlook, By Type (2022-2030) ($MN)
- Table 95 Middle East & Africa Aircraft Landing Gear Market Outlook, By Nose Landing Gear (2022-2030) ($MN)
- Table 96 Middle East & Africa Aircraft Landing Gear Market Outlook, By Main Landing Gear (2022-2030) ($MN)
