What Fueled The Previous Growth In The Main Landing Gears Market?
The main landing gears market has seen considerable growth due to a variety of factors.
• The market size of main landing gears has witnessed substantial growth lately. It is projected to expand from $5.26 billion in 2024 to $5.58 billion in 2025, with a compound annual growth rate (CAGR) of 6.0%.
The growth experienced in the past can be credited to factors such as the rise in production of next-generation aircraft, heightened demand for aircraft gearboxes and regional & business jets, advancements in manufacturing materials and increasing demands in both the commercial and military aircraft sectors.
What Is The Expected Growth In The Main Landing Gears Market Size Evolve over the Forecast Period?
The main landing gears market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for primary landing gears is projected to experience robust expansion in the coming years. By 2029, it is expected to reach $6.94 billion, with a compound annual growth rate (CAGR) of 5.6%.
The anticipated growth within the forecast period can be accredited to the enhancement of ground handling abilities, escalating demand for airplanes, increased focus on performance measurements, growing attention to cybersecurity, and a surge in air travel needs. Notable trends during the forecast timeframe include the progression in composite materials and composites, the incorporation of intelligent sensors, advancements in automation and robotics, the evolution of sophisticated hydraulic systems, and a growing focus on the creation of eco-friendly landing gears.
What Main Forces Are Fueling Expansion In The Main Landing Gears Market?
The main landing gear market is anticipated to grow as a result of the escalating demand for air travel. Often consisting of transportation via aircraft such as planes or helicopters, air travel is increasingly becoming a preferred choice for locomotion from one place to another. Factors such as economic development, globalization, burgeoning tourism, and urbanization, are propelling the demand for this mode of transport. These elements further feed into raised disposable incomes, global business operations, and a widespread want for international exploration. By improving the safety, performance, and reliability of aircraft, main landing gears are increasing passenger trust and operational efficiency, catalyzing a rise in air travel. For example, the International Air Transport Association, a trade association based in Canada, reported in January 2024 that the total air travel in 2023, denoted in revenue passenger kilometers (RPKs), surged 36.9% compared to 2022. Specifically, the air travel traffic in December 2023 saw a rise of 25.3% when compared to December 2022. Therefore, this heightened need for air travel proves integral to the expansion of the main landing gear market.
What Are The Primary Segments In The Global Main Landing Gears Market?
The main landing gearsmarket covered in this report is segmented –
1) By Type: Fixed, Retractable
2) By Application: Commercial Aircraft, Military Aircraft, Business Jets, Helicopters
3) By End-User: Original Equipment Manufacturer (OEM), Aftermarket
Subsegments:
1) By Fixed Landing Gears: Tricycle Fixed Landing Gear, Tailwheel Fixed Landing Gear, Skid Landing Gear, Tundra Landing Gear
2) By Retractable Landing Gears: Tricycle Retractable Landing Gear, Tailwheel Retractable Landing Gear, Semi-Retractable Landing Gear, Fully Retractable Landing Gear.
Pre-Book The Main Landing Gears Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What New Trends Are Influencing The Main Landing Gears Market?
Leading businesses active in the primary landing gear marketplace are prioritising groundbreaking technological solutions, such as strengthened main landing gear, to improve airplane performance, safety, and longevity. This type of landing gear has been designed and built using sophisticated materials and design methods, to significantly boost its strength, longevity, and efficiency. For example, UAVOS Inc., a producer of unmanned aircraft systems based in the U.S., in September 2023, launched an improved main landing gear specifically constructed for heavy-lift fixed-wing aircraft. This cutting-edge landing gear system, made to support aircraft with a maximum takeoff weight of up to 1200 kg, integrates advanced prepreg composite materials crafted through a high-temperature molding process. This leads to an impressive 50% strength increase, along with a substantial weight decrease, in comparison with traditional steel alternatives. Its design, which has a mere weight of 19 kg, is intended to decrease aerodynamic drag and fuel usage, thus increasing the operational versatility and persistence of UAVOS's MALE UAS platforms.
Who Are the Key Players In The Main Landing Gears Market?
Major companies operating in the main landing gears market are:
• The Boeing Company
• Airbus SE
• Northrop Grumman Corporation
• Honeywell International Inc.
• Eaton Corporation
• Safran
• Collins Aerospace
• Parker Hannifin Corp.
• Liebherr Group
• SKF
• ST Engineering
• Spirit AeroSystems Inc.
• GKN Aerospace
• Meggitt PLC
• Triumph Group
• Avio Aero
• DAHER AEROSPACE INC.
• Héroux-Devtek
• JAMCO Corporation
• UAVOS INC.
• Aerospace Industrial Development Corporation
• SPP Canada Aircraft Inc.
• UMBRAGROUP
What Is The Most Dominant Region In The Main Landing Gears Market?
North America was the largest region in the main landing gears market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the main landing gears market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
