Commercial aircraft landing gear market is anticipated to grow at a significant CAGR of 7.8% during the forecast period (2024-2031). Commercial aircraft landing gear is the undercarriage system supporting an aircraft during landing, takeoff, and taxiing, ensuring safe ground operations.
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Landing gear manufacturers are actively involved in R&D to create advanced lightweight landing gear systems. These innovations aim to enhance aircraft fuel efficiency, incorporate noise reduction technologies, and develop electric landing gear systems to mitigate carbon emissions from aviation.To address increased air traffic and enhance airport competitiveness, Japan is considering more takeoffs and landings at major airports. In August 2021, in collaboration with the Japan Aerospace Exploration Agency (JAXA), Kawasaki Heavy Industries, and Mitsubishi Aircraft Corp., SPP is involved in FQUROH (flight demonstration of quiet technology to reduce noise from high-lift configurations), focusing on designing and manufacturing noise reduction devices for the main landing gear.
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Market Coverage
Market number available for – 2024-2030
Base year- 2023
Forecast period- 2024-2030
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
Inc., and others
Global Commercial Aircraft Landing Gear Market Report Segment
By Landing Gear Type
- Main Landing Gear
- Nose Landing Gear
By Aircraft Type
- Narrowbody
- Widebody
- Regional Jet
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global commercial aircraft landing gear market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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