The Aircraft Gearbox Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Aircraft Gearbox Market?
The Aircraft Gearbox Global Market Report 2025 indicates a significant growth trend in this market. The size has increased notably in the past years. It was valued at $3.39 billion in 2024 and it is predicted to rise to $3.65 billion in 2025, reflected in a compound annual growth rate (CAGR) of 7.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Aircraft Gearbox Industry?
By 2029, the aircraft gearbox market is predicted to reach $4.72 billion, growing at a compound annual growth rate (CAGR) of 6.6%.
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What are the Key Growth Drivers Fueling the Aircraft Gearbox Market?
The key drivers in the aircraft gearbox market are:
• Rise in demand for military helicopters
• Growth in aircraft fleet size
• Amplified research and development efforts
• The launch of new power gearboxes and technology advancements in the industry
Global Market Segmentation: Identifying Major Aircraft Gearbox Industry Segments
The aircraft gearbox market covered in this report is segmented –
1) By Component: Gear, Housing, Bearings, Other Components
2) By Aircraft Type: Civil Aviation, Military Aviation
3) By Fit: Retrofit, Linefit
4) By Gearbox Type: Accessory, Actuation, Reduction, Tail Rotor, Auxiliary Power Unit, Other Gearbox Types
5) By Application: Engine, Airframe
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What are the Emerging Trends Shaping the Future of the Aircraft Gearbox Market?
The key trends in the aircraft gearbox market are:
• There is an emerging trend in the launch of new power gearboxes.
• There is a strong focus on technology advancement and developing technologically advanced products.
• Partnerships and collaborations to expand product portfolios and geographical presence are increasingly influencing the market.
• There is a trend of increased investments in the market to develop new product solutions.
Who Are the Top Competitors & Leading Players in the Aircraft Gearbox Market?
Major companies in the aircraft gearbox market are:
• Safran
• Triumph Group
• Liebherr
• The Boeing Group
• General Electric
• Rexnord Corporation
• Rolls-Royce plc
• Aero Gear
• SKF
• Northstar Aerospace
• BAE Systems India Services Pvt Ltd
• Nabtesco Corporation
• Harbin Aircraft Industry Group
• Shenyang Aircraft Corporation
• Xi'an Aircraft Industrial Corporation
• Shanghai Aircraft Industry Corporation
• Hongdu Aviation Industry Group
• Changhe Aircraft Industries Corporation
• Chengdu Aircraft Industry Group
• Guizhou Aircraft Industry Corporation
• Meggitt PLC
• Eaton Corporation PLC
• Airbus S.A. S
• ZF Luftfahrttechnik
• ThyssenKrupp AG
• CEF Industries
• The Timken Company
• PBS Velka Bites
• Avion Corporation
• AAR Corp
• Circor International Inc
• Collins Aerospace
• Héroux-Devtek Inc
• Magellan Aerospace Corporation
• Bombardier Inc
• Bell Textron Inc
• Pratt & Whitney Canada
• KF Aerospace
• Elbit Systems Ltd
• Israel Aerospace Industries
• Saudi Aircraft Accessories and Components Company
• Mubadala Aerospace
• Alp Aviation
• Turkish Technic Inc
• Turkish Aircraft Industries Corporation
• Parker-Hannifin Corporation
• Moog Inc.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the aircraft gearbox market in 2024
