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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Aerospace Landing Gear Market to exceed $21 bn by 2024.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Aerospace Landing Gear Market to exceed $21 bn by 2024."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Aerospace Landing Gear Market to exceed $21 bn by 2024

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Aerospace Landing Gear Market is estimated to surpass USD 21 billion by 2024; according to a new research report by Global Market Insights, Inc.  The increasing aircrafts demand owing to proliferating tourism sector along with increasing air passenger traffic and cargo will drive the aerospace landing gear market size over the forecast timeframe. Increasing customer spending along with increasing preference for air travel owing to lower travel duration and superior safety will further expand the business share till 2024  Global aerospace landing gear market from tri-cycle arrangement accounted for 12,221 units in 2017 and is expected to continue its dominance till 2024 owing to several benefits offered including prevention of nose over while braking at higher landing speeds, enhanced visibility from flight deck, easier maneuvering & landing, and prevention of aircraft ground looping. Key Insights from Aerospace Landing Gear Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Continued…  Rotary wing segment will grow significantly at around 6.8% CAGR from 2018 to 2024. This can be credited to the benefits offered including vertical take-off and landing operations, travel in any direction, and travel to areas with space constraints.  Increasing adoption of helicopters for military applications including combat and non-combat operations further supports the segment growth. The adoption of fixed wheels and retractable landing gears depending on the weight of the helicopters will provide a positive outlook for the aerospace landing gear market growth.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Aerospace Landing Gear Market @ https://www.gminsights.com/industry-analysis/aerospace-landing-gear-market https://www.gminsights.com/industry-analysis/aerospace-landing-gear-market Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2343

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Aerospace Landing Gear Market, By Position, 2013-2024, (Units)

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com AAR Corporation GKN Aerospace Services Liebherr Group Triumph Group Eaton Corporation Major Companies in Aerospace Landing Gear Market :

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industry Coverage

8 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Asia Pacific aerospace landing gear market will grow significantly at around 5.7% till 20024 owing to increasing air passenger traffic. For instance, according to the Association of Asia Pacific Airlines (AAPA), multiple airlines spread across the region carried over 1,214 million passengers and 20 million cargo in 2017. The increasing population and decreasing air ticket fares coupled with proliferating tourism sector will boost the regional growth till 2024. Regional Insights in Aerospace Landing Gear Market :

9 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Stay In Touch Website: www.gminsights.comwww.gminsights.com Social Media:


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