North America Aircraft Landing Gear Market to 2027 - Regional Analysis and Forecasts by Aircraft Type (Airplanes and Helicopters); Gear Arrangement (Tricycle, Tandem, and Tail Wheel); Type (Main and Nose); End-User (Commercial and Armed Forces)
North America aircraft landing gear market is expected to grow from US$ 5.25 Bn in 2018 to US$ 8.56 Bn by the year 2027. This represents a CAGR of 5.7% from the year 2018 to 2027.
The aviation industry is quite dynamic as it adapts quickly with the ever-changing market forces and customer expectations. The macroeconomic trends across North America shape the overall growth outlook of the region’s aviation industry. The three major macro factors that are affecting the growth of the aviation industry include rising demand for air travel, regulatory and infrastructure developments, and technological advancements in aircraft. As per Boeing’s Aviation industry outlook, in the past five years, the year on year traffic growth as measured in revenue passenger kilometers is 6.7% on an average. The low airfares, rising disposable income, and growing travel & tourism market are some of the factors responsible for this growth. The US aviation sector is the most prominent aviation industry in North America. The industry is continuously witnessing a surge in demand for air travel, which is leading the commercial airlines to increase their fleet, which is allowing aircraft manufacturers such as Boeing, Textron, and Gulfstream, among others, to grow their production lines. An increase in aircraft production is catalyzing the demand for landing gear in North America, which is thereby bolstering the growth of aircraft landing gear market.
Currently, the US is dominating the aircraft landing gear market in terms of installation, which in turn boost the demand for aircraft landing gear market. The economy of the US largely depends upon the performance of the aerospace manufacturing industry in the country. The US aerospace industry is the largest in the world, and aerospace manufacturers in the country are considered to be highly competitive in the international market. In the year 2018, the contribution of the aerospace industry by the export sales to the US economy amounted to US$ 151 Bn. The positive trade balance of US$ 88 Bn for fiscal 2018 was the largest for any manufacturing industry in the US. The figure given below highlights the revenue share of Mexico in the North American aircraft landing gear market in the forecast period:
Mexico in North America Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Get more information on this report :
NORTH AMERICA AIRCRAFT LANDING GEAR MARKET - SEGMENTATION
North America Aircraft Landing Gear Market by Type
- Main
- Nose
North America Aircraft Landing Gear Market by Aircraft Type
- Airplanes
- Helicopters
North America Aircraft Landing Gear Market by End-User
- Commercial
- Armed Forces
North America Aircraft Landing Gear Market by Gear Arrangement
- Tricycle
- Tandem
- Tail Wheel
North America Aircraft Landing Gear Market by Country
- US
- Canada
- Mexico
Companies Mentioned
- AAR Corp.
- Circor International, Inc.
- Collins Aerospace
- GKN Aerospace Services Limited
- Héroux-Devtek Inc.
- Liebherr Group
- Magellan Aerospace Corporation
- Safran S.A.
- Sumitomo Precision Products Co., Ltd.
- Triumph Group Inc.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Aircraft Landing Gear Market – By Aircraft Type
1.3.2 North America Aircraft Landing Gear Market – By Gear Arrangement
1.3.3 North America Aircraft Landing Gear Market – By Type
1.3.4 North America Aircraft Landing Gear Market – By End-User
1.3.5 North America Aircraft Landing Gear Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Aircraft Landing Gear Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threats of Substitutes
4.2.4 Threats of New Entrants
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Aircraft Landing Gear Market – Key Industry Dynamics
5.1 Key Market Driver
5.1.1 Growing aviation industry in North America is expected to boost the aircraft landing gear demand
5.2 Key Market Restraint
5.2.1 Challenges related to landing gear design and development may restrain the future growth
5.3 Key Market Opportunity
5.3.1 Increasing popularity of low cost carriers (LCCs) and ultra-low cost carriers (ULCCs) to provide growth opportunities
5.4 Future Trends
5.4.1 Future landing gear technologies will drive the growth in coming years
5.5 Impact Analysis of Drivers and Restraints
6. North America Aircraft Landing Gear Market –Market Analysis
6.1 Overview
6.2 North America Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
7. North America Aircraft Landing Gear Market– By Aircraft Type
7.1 Overview
7.2 Aircraft Landing Gear Market Breakdown, By Aircraft Type, 2018 & 2027
7.3 Helicopters
7.3.1 Overview
7.3.2 Helicopters Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Airplanes
7.4.1 Overview
7.4.2 Airplanes Market Revenue and Forecasts to 2027 (US$ Mn)
8. North America Aircraft Landing Gear Market– By Gear Arrangement
8.1 Overview
8.2 Aircraft Landing Gear Market Breakdown, By Gear Arrangement, 2018 & 2027
8.3 Tricycle
8.3.1 Overview
8.3.2 Tricycle Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Tandem
8.4.1 Overview
8.4.2 Tandem Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Tail Wheel
8.5.1 Overview
8.5.2 Tail Wheel Market Revenue and Forecasts to 2027 (US$ Mn)
9. North America Aircraft Landing Gear Market– Type
9.1 Overview
9.2 North America Aircraft Landing Gear Market Breakdown, By Type, 2018 & 2027
9.3 Main Landing Gear
9.3.1 Overview
9.3.2 Main Landing Gear Market Forecast and Analysis
9.4 Nose Landing Gear
9.4.1 Overview
9.4.2 Nose Landing Gear Market Forecast and Analysis
10. North America Aircraft Landing Gear Market– End-User
10.1 Overview
10.2 North America Aircraft Landing Gear Market Breakdown, By End-User, 2018 & 2027
10.3 Commercial
10.3.1 Overview
10.3.2 Commercial Market Forecast and Analysis
10.4 Armed Forces
10.4.1 Overview
10.4.2 Armed Forces Market Forecast and Analysis
11. North America Aircraft Landing Gear Market – Country Analysis
11.1.1 North America Aircraft Landing Gear Market Breakdown, By Key Country
11.1.1.1 US Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.1.1.1.1 US Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.1.1.1.2 US Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.1.1.1.3 US Aircraft Landing Gear Market Breakdown, By Type
11.1.1.1.4 US Aircraft Landing Gear Market Breakdown, By End-User
11.1.1.2 Canada Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.1.1.2.1 Canada Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.1.1.2.2 Canada Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.1.1.2.3 Canada Aircraft Landing Gear Market Breakdown, By Type
11.1.1.2.4 Canada Aircraft Landing Gear Market Breakdown, By End-User
11.1.1.3 Mexico Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.1.1.3.1 Mexico Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.1.1.3.2 Mexico Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.1.1.3.3 Mexico Aircraft Landing Gear Market Breakdown, By Type
11.1.1.3.4 Mexico Aircraft Landing Gear Market Breakdown, By End-User
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Development
13. Aircraft Landing Gear Market – Company Profiles
13.1 AAR Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 CIRCOR International, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Collins Aerospace
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 GKN Aerospace Services Limited
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Héroux-Devtek Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Liebherr Group
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Magellan Aerospace Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Safran S.A.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Sumitomo Precision Products Co., Ltd.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Triumph Group, Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. North America Aerospace Forging Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. North America Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 3. North America Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 4. North America Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 5. North America Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 6. US Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 7. US Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 8. US Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 9. US Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 10. Canada Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 11. Canada Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 12. Canada Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 13. Canada Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 14. Mexico Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 15. Mexico Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 16. Mexico Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 17. Mexico Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 18. Glossary of Terms, Aircraft Landing Gear Market
LIST OF FIGURES
Figure 1. North America Aircraft Landing Gear Market Segmentation
Figure 2. North America Aircraft Landing Gear Market Segmentation – Country
Figure 3. North America Aircraft Landing Gear Market Overview
Figure 4. Airplanes aircraft type held the largest share in North America aircraft landing gear market (2018)
Figure 5. Tricycle gear arrangement held the largest share in North America aircraft landing gear market (2018)
Figure 6. Main type of landing gear represented the largest share in North America aircraft landing gear market (2018)
Figure 7. Commercial end-user is the largest as well as the fastest growing end-user in North America aircraft landing gear market (2018)
Figure 8. North America Aircraft Landing Gear Market- Leading Country Markets ($Mn)
Figure 9. North America Aircraft Landing Gear Market, Industry Landscape
Figure 10. Aircraft Landing Gear Market - Porter’s Five Forces
Figure 11. North America Impact Analysis of Drivers and Restraints Pertaining to Aircraft Landing Gear Market
Figure 12. North America Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. North America Aircraft Landing Gear Market Breakdown, By Aircraft Type, 2018 & 2027 (%)
Figure 14. North America Helicopters Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. North America Airplanes Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. Aircraft Landing Gear Market Breakdown, By Gear Arrangement, 2018 & 2027 (%)
Figure 17. North America Tricycle Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. North America Tandem Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. North America Tail Wheel Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. North America Aircraft Landing Gear Market Breakdown, By Type, 2018 & 2027 (%)
Figure 21. North America Main Landing Gear Market Revenue and Forecasts to 2027(US$ Mn)
Figure 22. North America Nose Landing Gear Market Revenue and Forecasts to 2027(US$ Mn)
Figure 23. North America Aircraft Landing Gear Market Breakdown, By End-User, 2018 & 2027 (%)
Figure 24. North America Commercial Market Revenue and Forecasts to 2027(US$ Mn)
Figure 25. North America Armed Forces Market Revenue and Forecasts to 2027(US$ Mn)
Figure 26. North America Aircraft Landing Gear Market Breakdown, By Key Country, 2018 & 2027(%)
Figure 27. US Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. Canada Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 29. Mexico Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
The List of Companies
- AAR Corp.
- Circor International, Inc.
- Collins Aerospace
- GKN Aerospace Services Limited
- Héroux-Devtek Inc.
- Liebherr Group
- Magellan Aerospace Corporation
- SAFRAN S.A.
- Sumitomo Precision Products Co., Ltd.
- Triumph Group Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America aircraft landing gear market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the North America aircraft landing gear market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.