How Has The Commercial Aircraft Landing Gear Market Performed Historically And What Are The Current Trends?
The commercial aircraft landing gear market has demonstrated robust growth in recent years,
• Growing from $9.94 billion in 2024 to $10.8 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%.
Key factors driving this growth include aging aircraft fleets, increased air travel, regulatory standards, regional expansion, and a deepening emphasis on consumer safety.
What Is The Forecasted Growth Of The Commercial Aircraft Landing Gear Market?
The market for commercial aircraft landing gear is anticipated to sustain strong growth momentum over the next few years.
• It is estimated to grow to $15.36 billion in 2029 at a CAGR of 9.2%.
Driving this growth are factors such as aircraft fleet expansion, advancing fuel efficiency, environmental concerns, a shift towards wide-body aircraft, demand for retrofit and maintenance, and increasing automation. Key trends to observe include technological advancements, new aircraft models, 3D printing and additive manufacturing, lightweight materials, retractable landing gear, and electric actuation.
What Is Propelling The Demand In Commercial Aircraft Landing Gear Market?
The increasing demand for commercial aircraft is a key driver of the market growth. With aviation emerging as a rapid global transportation network, economic growth, job creation, international trade and tourism have all significantly benefited. The increase in passenger and freight air transport demand has led to the purchase of new aircraft by various air transportation and cargo service providers globally. For example, North American carriers experienced a 28.3% rise in annual traffic in 2023, according to a report published by the International Air Transport Association.
How is the Commercial Aircraft Landing Gear Market Segmented?
The commercial aircraft landing gear materials market report covers these major segments:
1) By Gear Position: Main Landing, Nose Landing
2) By Aircraft Type: Fixed Wing, Rotary Wing
3) By End-User: Commercial, Armed Forces
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What Trends Are Likely To Influence The Commercial Aircraft Landing Gear Market?
Advanced landing gear technologies are becoming increasingly popular in the market. Companies are implementing technologies like retractable landing gear subsystems, hydraulic systems, and controllers to absorb and dissipate the kinetic energy from landing impacts. For instance, in September 2023, UAVOS Inc., a US-based aircraft products manufacturing company, announced the improvement and modification of their primary landing gear to accommodate heavy-lift unmanned aircraft.
Who Are The Key Players In The Commercial Aircraft Landing Gear Market?
The major players driving innovation in the market are:
• AAR Corp.
• Circor Aerospace Inc.
• Heroux-Devtek Inc.
• Honeywell Aerospace
• Liebherr-International AG
• Safran Landing Systems
• Triumph Group Inc.
• GKN Ltd.
• Magellan Aerospace Corporation
• Aerospace Industrial Development Corporation
Which Region Dominates The Commercial Aircraft Landing Gear Market And Which Is Expected To Grow The Most?
In 2024, North America was the largest region in the commercial aircraft landing gear market. The report also covers other regions including Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East, and Africa. However, Asia-Pacific is expected to be the fastest-growing region during the forecast period.
