Aircraft Landing Gear Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2030, Segmented By Aircraft Type (Narrow-body Aircraft, Rotorcraft, Business Aircrafts, Regional Aircraft, Wide-body Aircraft, Fighter Aircrafts), By Sub System (Actuation System, Steering System, Brake System, Other), By Type (Main Landing Gear, Nose Landing Gear), By End User (Commercial, Military
Published Date: March - 2025 | Publisher: MIR | No of Pages: 280 | Industry: Aerospace and Defense | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAircraft Landing Gear Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2030, Segmented By Aircraft Type (Narrow-body Aircraft, Rotorcraft, Business Aircrafts, Regional Aircraft, Wide-body Aircraft, Fighter Aircrafts), By Sub System (Actuation System, Steering System, Brake System, Other), By Type (Main Landing Gear, Nose Landing Gear), By End User (Commercial, Military
| Forecast Period | 2024-2030 |
| Market Size (2022) | USD 6.95 Billion |
| CAGR (2023-2030) | 6.51% |
| Fastest Growing Segment | Wide-body Aircraft |
| Largest Market | North America |
Aircraft Landing Gear Market size was valued at USD 6.95 Billion in 2022 and is forecasted to reach USD xx Billion during 2030, with a CAGR of 6.51% during the forecast period 2023-2030.
The aircraft landing gear market across the globe is increasing at a significant rate owing to the growth in air traffic globally. The undercarriage, or landing gear, is a highly advanced system consisting of brakes, wheels, tires, hydraulics, energy-absorbing members, and structural elements. The landing gear might also be attached to and act upon steering and retraction systems. The main functions of the aircraft's undercarriage, or landing gear, are to support the aircraft's weight throughout the rest of its ground operations.
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Landing gears are among the most important subsystems of an aircraft. It carries the aircraft on the ground for landing, takeoff, and taxiing. The orders of aircraft from various airlines across the globe have risen over the years. One of the biggest commercial aircraft manufacturers, Airbus, delivered 911 aircraft in 2021. This is mainly because there has been an increase in the number of passengers opting for air travel. With the increasing usage of electrical systems in aviation, leading landing gear OEMs are substituting electrical systems for hydraulic systems, in a bid to improve performance, while minimizing weight. Therefore, rising orders and technological development are supporting the growth of the global aircraft landing gear market. In addition, Magellan Aerospace Corporation announced in May 2022 that it has signed a contract with Safran Landing Systems to manufacture sophisticated machined landing gear parts.
The aircraft landing gear demand is increasing worldwide because of a growth in aircraft deliveries and a large fleet of commercial and regional aircraft. Although the COVID-19 pandemic had an influence on air passenger traffic all over the world in 2020, the market for global aircraft landing gear is expected to grow in the future years at a modest growth rate. In addition, commercial aircraft market growth is also expected to be most prevalent in the Asia-Pacific region. With a faster recovery expected in domestic travel, demand for landing gears and their MRO services would also be stronger in the forecast period.
Globally Increasing Aircraft Fleet
Aviation passenger traffic has increased every year in the last decade. According to International Air Transport Association (IATA), global air passenger traffic will increase by around 60% in 2022 compared to 2021. The demand for new aircraft was fueled by the efforts of airline operators to modernize their fleet while minimizing operating costs. Because airlines operate on a minimal profit margin, they gradually phase out certain aircraft models, bringing their end-of-life (EOL) dates to a close and introducing new aircraft as potential replacements. With new air routes and airline fleet expansion strategies, many airlines are adding new aircraft to their fleet in order to effectively serve a larger number of air passengers and convert potential investments into revenues.
Advanced Material Technologies In Landing Gear System
Over the years, there has been an increased focus on the weight reduction of the aircraft as it enhances fuel efficiency. Weight reduction has its own benefits in the development of landing gear assemblies, as it ensures optimum landing gear performance. Manufacturers are being required to use new materials and techniques to create lightweight landing gear as a result of an increase in consumer demand.
Complex Designing of Aircraft Landing Gears
One of the aircraft's most intricate systems is the landing gear system. The number of wheels, tire size, pressure, shock absorber, and layout of the aircraft landing gear are all factors that affect production capacity. To overcome the difficulties in the design and development of landing gears, organizations are implementing cutting-edge technologies that have been created throughout the period. New technology such as 3D printing and blockchain is gaining popularity in next generation aircraft landing gear systems. However, the implementation of modern technologies demands large capital expenditures, which results in the slow expansion of the global aircraft landing gear market in the coming years.
Market Segmentation
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The major players in the aircraft landing gear market include Safran Landing Systems (formerly Messier-Bugatti-Dowty), Collins Aerospace (part of Raytheon Technologies), and Héroux-Devtek.
Company Profiles
AAR Corp. Liebherr Group, CIRCOR Aerospace, Safran SA, Magellan Aerospace Corporation, United Technologies Corporation, Raytheon Technologies Corporation, Honeywell International Inc., GKN Aerospace, Triumph Group Inc. are the key players developing advanced technologies to stay competitive in the market and enhancing their product portfolio in the regions to increase their customer outreach.
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Attribute |
Details |
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Base Year |
2022 |
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Historical Years |
2018 – 2022 |
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Estimated Year |
2023 |
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Forecast Period |
2024 – 2030 |
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Quantitative Units |
Revenue in USD Billion, and CAGR for 2018-2022 and 2023-2030 |
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Report Coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
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Segments Covered |
By Aircraft Type By Sub System By Type By End User Region |
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Regional Scope |
Asia-Pacific, North America, Europe, Middle East & Africa, South America |
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Country Scope |
United States, Canada, Mexico, United Kingdom, Germany, France, Italy, Spain, Poland, Netherland, China, Japan, South Korea, India, Australia, Thailand, Qatar, Israel, Saudi Arabia, United Arab Emirates, South Africa, Argentina, Brazil, Colombia |
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Key Companies Profiled |
AAR Corp. Liebherr Group, Circor Aerospace, Safran SA, Magellan Aerospace Corporation, United Technologies Corporation, Raytheon Technologies Corporation, Honeywell International Inc., GKN Aerospace, Triumph Group Inc. |
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Customization Scope |
10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
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Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
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