Aircraft Gearbox Market to Witness 5.9% CAGR over the Next Five Years
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  • Aircraft Gearbox Market to Witness 5.9% CAGR over the Next Five Years

    (Transportation-News.com, February 07, 2019 )
    Stratview Research has launched a research report on Aircraft Gearbox Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Aircraft Gearbox Market from 2019 to 2024.

    This report is segmented in five ways to provide a 360-degree holistic view. The segments are –
    ● by Application Type (Engine, Airframe),
    ● by Gearbox Type (accessory gearbox, reduction gearbox, and Others),
    ● by fit Type (linefit and retrofit),
    ● by Aircraft Type (narrow-body aircraft, wide-body aircraft, and Others,
    ● and by Region
    o North America (Country Analysis: the USA, Canada, and Mexico)
    o Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    o Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    o Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
    Stratview Research, has presented the study of Aircraft Gearbox Market over the trend period of 2013 to 2018 and forecast period of 2019 to 2024. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Some of the major players in aircraft gearbox market are Aero Gearbox International, Aero Gear, Inc., CEF Industries, LLC, The Liebherr Group, Northstar Aerospace, Inc., Safran S.A., AB SKF, and United Technologies Corporation. The development of advanced gearboxes and the formation of long-term contracts are some of the major strategies adopted by key players in order to gain a competitive edge over others.

    Go through the detailed scope: https://www.stratviewresearch.com/toc/437/Aircraft-Gearbox-Market.html

    OR

    Get a free sample of the report : https://www.stratviewresearch.com/Request-Sample/437/Aircraft-Gearbox-Market.html

    Growing demand of lightweight gearboxes

    The aircraft gearbox market is likely to witness an impressive CAGR of 5.9% during the forecast period. Increasing commercial aircraft deliveries along with a growing demand for Pure-Power Geared Turbofan (GTF) engines, rising aircraft fleet size, advancements in the gearbox technology, and introduction of lightweight gearboxes are some of the factors proliferating the growth of the aircraft gearbox market.

    Engine segment to register a higher growth

    Based on the application type, the market is segmented as engine (turbofan, turboshaft, turboprop, and piston engine), and airframe. The engine segment is estimated to register a higher growth during the forecast period as gearboxes are an integral part of an aircraft and deliver the necessary thrust required during takeoff and landing. Among engine segments, turbofan is likely to remain the largest as well as fastest-growing segment over the next five years, driven by a higher dominance in commercial and regional aircraft.

    Stratview Research

    Ritesh Gandecha

    +1-313-307-4176

    sales@stratviewresearch.com

    Source: EmailWire.Com

    Source: EmailWire.com

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