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(Transportation-News.com, October 10, 2017 ) As the sale of landing gears is directly related to the sale of aircraft, the more aircraft in market, higher is the demand for landing gear.
As of 2015, 17,354 passenger aircraft and 1,633 cargo aircraft are in service. This number is expected to grow to 29,000 by the end of 2020. The aviation market is expected to add an average of 2,200 new aircraft, annually, during the forecast period.
Leading commercial aircraft OEMs - Airbus and Boeing, have combined backlog orders of 12,626 aircraft that include both passenger and freight aircraft. 54% of these backlog orders belong to Airbus, of which about 140 orders are for A380.
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Geographically, the European and North American regions are expected to have a growth in demand for aircraft landing gears, followed by the country-wise market in Brazil, China, UAE, Saudi Arabia, and India. The market in North America, Europe, and Brazil are driven by the aircraft OEMs situated in the regions. North America houses Boeing and the MNC Bombardier, and Boeing is known to be one of the largest suppliers of commercial aircraft and Bombardier being one of the third largest aircraft OEM. Bombardier’s main market is of business jets and small commercial aircraft. Airbus Company, situated in Europe, is also vying for the number one spot for commercial aircraft OEM. Brazil’s Embraer has been in the league for the long range commercial small aircraft OEM, fighting for third spot in the world. Under the intense competition between aircraft OEM, the demand for landing gear at OEM is viably fast growing and profitable. In terms of aftersales market, the landing gears market is expected see a higher demand for nose gear than undercarriage gear, attributing to the higher stress on the nose gear of aircraft during landing. The demand for tires of undercarriage wheels would also be relatively high for passenger and cargo aircraft aftersales market.
On an average, a normal sized passenger commercial aircraft uses three landing gears with six wheels, but the larger aircraft such as widebody and very large body, may have more than two undercarriage or main landing gear, with more than four pairs of wheels. For instance, the Airbus A380 uses four sets of main landing gears and has 18 wheels, excluding the nose gear. The market is feasible in terms of large body aircraft having more than three landing gears but the cost of manufacturing gears for such aircraft increases due to the higher use of titanium alloys, instead of steel, to support the structural weight of aircraft and to reduce weight of aircraft gears.
Read more details of the report at: http://www.orbisresearch.biz/reports/index/global-commercial-aircraft-landing-gear-market-segmented-by-aircraft-type-narrow-body-wide-body-and-rotary-wing-and-geography-market-forecast-and-analysis-2018-2023
Circor Aerospace, Heroux-Devtek, Liebherr group, Messier Bugatti Dowty and UTC Aerospace systems are few of the key players in this field. Some of these companies have partnered with leading aircraft manufacturers for manufacturing landing gears offsite and to transport the finished parts for assembly to the main workshop. The market is segmented by the aircraft type (narrow, widebody and very large), gear position (nose gear and undercarriage) and geography.
What the report offers
Market analysis of global commercial aircraft landing gear market with specific assessments and competition analysis on both global and regional scales.
Market definition along with the identification of key drivers, opportunities and restraints.
Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the global airport passenger screening systems market on both global and regional scales.
Companies Mentioned:
Circor Aerospace
Héroux-Devtek
Liebherr Group
Messier-Bugatti-Dowty
UTC Aerospace Systems
AAR
Honeywell Aerospace
Magellan Aerospace
Merrill Technologies Group
SPP Canada Aircraft
Triumph Group
Whippany Actuation Systems
Safran Systems Ltd.
Table of Contents:
INTRODUCTION
EXECUTIVE SUMMARY
MARKET OVERVIEW AND TRENDS
MARKET DYNAMICS
GLOBAL COMMERCIAL AIRCRAFT LANDING GEAR MARKET, SEGMENTED BY AIRCRAFT TYPE
GLOBAL COMMERCIAL AIRCRAFT LANDING GEAR MARKET, SEGMENTED BY GEAR POSITION
GLOBAL COMMERCIAL AIRCRAFT LANDING GEAR MARKET, SEGMENTED BY GEOGRAPHY
COMPETITIVE LANDSCAPE
KEY VENDOR ANALYSIS (Overview, Products & Services, Strategies)
FUTURE OUTLOOK OF THE MARKET
DISCLAIMER
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