North America Helicopter Landing Gear Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type ( Skids and Wheels ), Material ( Aluminum Landing Gear Set, Steel Landing Gear Set, Composite Landing Gear Set, and Titanium Landing Gear Set ), and Application ( Civil Helicopter and Military Helicopter )
Market Introduction
North America is one of the most significant markets for helicopter landing gear providers, owing to different breakthroughs in helicopter landing gear type and presence of major helicopter manufacturers such as The Bell Helicopter Textron, Inc.; Hughes Helicopters, Inc.; and Sikorsky Aircraft. In case of military helicopters, in particular, US helicopter component manufacturers are preserving their historical technological superiority over international competitors. Due to foreign manufacturers' capacity to swiftly absorb technical improvements in design and manufacturing, both domestic and foreign landing gear systems look to be near to parity. Companies in the US have concentrated their R&D efforts on a few key technologies such as fiberglass blades and landing gear systems. This has occasionally allowed the US to take the lead in specific industries for a length of time. All these factors have resulted in the growth of the landing gear market in the area. In general, the US business and the US government have been open about exchanging non-strategic military type data with foreign firms. This has frequently helped European manufacturers to swiftly deploy technologies, allowing them to focus on R&D budgets and achieve significant advancements in specialized technological fields. The US military is gradually updating its combat helicopters with the help of international manufacturers. Also, increase in helicopter production is among the other factors expected to fuel the demand for helicopter landing gear in North America.
North America is known for having the highest rate of advanced technology adoption due to favorable government policies that foster innovation and enhance infrastructural abilities. As a result, every factor affecting the region's industrial performance obstructs its economic development. The US has become the world's worst-affected country due to the COVID-19 outbreak, causing governments to impose several limitations on industrial, commercial, and public activities in the country in attempt to contain the disease's spread. Despite the stoppage of activity in several industries, the closure of major manufacturing units, and people’s reluctance about joining the work floors, governments of several Countries in North America have maintained their defense spending levels. For instance, the defense spending in the US reached US$ 778 billion in 2020, with a yearly increase on 4.4%. As a result, the COVID-19 pandemic and its consequences are posing a minimal impact on the helicopter landing gear market in North America.
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Market Overview and Dynamics
The helicopter landing gear market in North America is expected to grow from US$ 1,224.03 million in 2021 to US$ 1,626.67 million by 2028; it is estimated to grow at a CAGR of 3.9% from 2021 to 2028. The exponential growth of helicopters has complemented the establishment of MRO facilities over the years. The scope of MRO facilities is expected to rise in different parts of North America. Owing to the rising adoption of civil helicopters for various commercial purposes such as fighting wildfires, facilitating news & traffic coverage, conducting search & rescue missions, and patrolling gas & oil pipelines, the establishment of MRO facilities is also witnessing a positive trend. The rising use of helicopters is rapidly accelerating the scope of helicopter’s maintenance business. Similarly, ST Engineering is another company engaged in the business of offering integrated MRO services for repair & overhaul of landing gears, and other accessories used on helicopters, Boeing, Airbus, and regional and military aircraft. Therefore, presence of such leading and well-established players in the MRO business for catering to helicopter landing gears is projected to create ample growth opportunities to the market.
Key Market Segments
The North America helicopter landing gear market is segmented into Type, material, and application. Based on type, the helicopter landing gear are segmented into skids and wheeled. The skids segment held the largest market share in 2020. Based on material, the helicopter landing gear market is segmented into aluminum landing gear set, steel landing gear set, composite landing gear set, and titanium landing gear set. The composite landing gear set segment dominated the market in 2020. Based on application, the helicopter landing gear market is segmented into civil helicopter and military helicopter. Military helicopter segment held the largest market share in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the helicopter landing gear market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are APPH; CIRCOR AEROSPACE, INC.; Dart Aerospace; Eurocarbon B.V.; LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH; Safran; ST ENGINEERING; and Trelleborg Group.
Reasons to buy report
- To understand the North America helicopter landing gear market landscape and identify market segments that are most likely to guarantee a strong return.
- Stay ahead of the race by comprehending the ever-changing competitive landscape for North America helicopter landing gear market.
- Efficiently plan M&A and partnership deals in North America helicopter landing gear market by identifying market segments with the most promising probable sales.
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America helicopter landing gear market.
- Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.
North America Helicopter Landing Gear Market Segmentation
North America Helicopter Landing Gear Market - By Type
- Skids
- Wheels
North America Helicopter Landing Gear Market - By Material
- Aluminum Landing Gear Set
- Steel Landing Gear Set
- Composite Landing Gear Set
- Titanium Landing Gear Set
North America Helicopter Landing Gear Market - By Application
- Civil Helicopter
- Military Helicopter
North America Helicopter landing gear Market - By Country
- US
- Canada
- Mexico
North America Helicopter landing gear Market - Company Profiles
- APPH
- CIRCOR AEROSPACE, INC.
- Dart Aerospace
- Eurocarbon B.V.
- LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH
- Safran
- ST ENGINEERING
- Trelleborg Group
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Helicopter 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 Opinion
5. North America Helicopter Landing Gear Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Increase in Helicopter Production
5.1.2 Usage of Composites for Producing Helicopter Landing Gear Systems
5.2 Key Market Restraints
5.2.1 Problems Related to Landing Gear Design and Development
5.3 Key Market Opportunities
5.3.1 Growth in Scope of Maintenance, Repair, and Overhaul (MRO) Facilities
5.4 Future Trends
5.4.1 Upcoming of Robotic Landing Gear
5.5 Impact Analysis of Drivers and Restraints
6. Helicopter Landing Gear Market – North America Analysis
6.1 North America Helicopter Landing Gear Market Overview
6.2 North America Helicopter Landing Gear Market – North America Revenue and Forecast to 2028 (US$ Million)
7. North America Helicopter Landing Gear Market Analysis – By Type
7.1 Overview
7.2 North America Helicopter Landing Gear Market, By Type (2020 and 2028)
7.3 Skid
7.3.1 Overview
7.3.2 Skids: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Wheels
7.4.1 Overview
7.4.2 Wheels: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Helicopter Landing Gear Market – By Material
8.1 Overview
8.2 North America Helicopter Landing Gear Market, by Material (2020 and 2028)
8.3 Aluminum Landing Gear Set
8.3.1 Overview
8.3.2 Aluminum Landing Gear Set: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Steel Landing Gear Set
8.4.1 Overview
8.4.2 Steel Landing Gear Set: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Composite Landing Gear Set
8.5.1 Overview
8.5.2 Composite Landing Gear Set: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Titanium Landing Gear Set
8.6.1 Overview
8.6.2 Titanium Landing Gear Set: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Helicopter Landing Gear Market – By Application
9.1 Overview
9.2 North America Helicopter Landing Gear Market, by Application (2020 and 2028)
9.3 Civil Helicopter
9.3.1 Overview
9.3.2 Civil Helicopter: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Military Helicopter
9.4.1 Overview
9.4.2 Military Helicopter: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Helicopter Landing Gear Market – Country Analysis
10.1 Overview
10.1.1 North America: Helicopter Landing Gear Market- by Key Country
10.1.1.1 US: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Helicopter Landing Gear Market- by Type
10.1.1.1.2 US: Helicopter Landing Gear Market- By Material
10.1.1.1.3 US: Helicopter Landing Gear Market- By Application
10.1.1.2 Canada: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Helicopter Landing Gear Market- by Type
10.1.1.2.2 Canada: Helicopter Landing Gear Market- By Material
10.1.1.2.3 Canada: Helicopter Landing Gear Market- By Application
10.1.1.3 Mexico: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Helicopter Landing Gear Market- by Type
10.1.1.3.2 Mexico: Helicopter Landing Gear Market- By Material
10.1.1.3.3 Mexico: Helicopter Landing Gear Market- By Application
11. North America Helicopter Landing Gear Market - COVID-19 Impact Analysis
11.1 North America
12. Industry Landscape
12.1 Market Initiatives
13. Company Profiles
13.1 APPH
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 AEROSPACE, 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 Dart 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 Eurocarbon B.V.
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 Trelleborg Group
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-INTERNATIONAL DEUTSCHLAND GMBH
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 Safran
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 ST ENGINEERING
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
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. North America Helicopter Landing Gear Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. US: Helicopter Landing Gear Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Helicopter Landing Gear Market- By Material –Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Helicopter Landing Gear Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Helicopter Landing Gear Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Helicopter Landing Gear Market- By Material –Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Helicopter Landing Gear Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: Helicopter Landing Gear Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Helicopter Landing Gear Market- By Material –Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Helicopter Landing Gear Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Helicopter Landing Gear Market Segmentation
Figure 2. North America Helicopter Landing Gear Market Segmentation – By Country
Figure 3. North America Helicopter Landing Gear Market Overview
Figure 4. Skids Segment Held the Largest Market Share in 2020
Figure 5. Composite Landing Gear Set Held the Largest Market Share in 2020
Figure 6. Military Helicopter Held the Largest Market Share in 2020
Figure 7. US was the Largest Revenue Contributor in 2020
Figure 8. North America Helicopter Landing Gear Market - Porter’s Five Forces
Figure 9. North America Helicopter Landing Gear Market– Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. North America Helicopter Landing Gear Market: Impact Analysis of Drivers and Restraints
Figure 12. North America Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Helicopter Landing Gear Market Revenue Share, by Type (2020 and 2028)
Figure 14. North America Skids: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Wheels Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Helicopter Landing Gear Market Revenue Share, by Material (2020 and 2028)
Figure 17. North America Aluminum Landing Gear Set: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Steel Landing Gear Set: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Composite Landing Gear Set: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Titanium Landing Gear Set: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Helicopter Landing Gear Market Revenue Share, by Application (2020 and 2028)
Figure 22. North America Civil Helicopter: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America Military Helicopter: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America: Helicopter Landing Gear Market, by Country – Revenue 2020 (US$ Million)
Figure 25. North America: Helicopter Landing Gear Market Revenue Share, by Key Country (2020 and 2028)
Figure 26. US: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Canada: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Mexico: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Impact of COVID-19 Pandemic in North American Country Markets
- APPH
- CIRCOR AEROSPACE, INC.
- Dart Aerospace
- Eurocarbon B.V.
- LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH
- Safran
- ST ENGINEERING
- Trelleborg Group
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America helicopter landing gear market
- Highlights key business priorities in order to assist companies to realign their business strategies
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- 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 helicopter landing gear 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