Global Commercial Aircraft Landing Gear Market

Commercial Aircraft Landing Gear Market Size, Share, Growth Analysis, By End user(OEM, Aftermarket), By Aircraft type(Rotary-wing (helicopters), Fixed-wing (commercial aeroplanes), Unmanned aerial vehicles (drones), and the Newly-emerging advanced air mobility market), By Type (Main landing gear, Nose landing gear), By Subsystem(Actuation, Steering, Braking, Structural), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20A2072 | Region: Global | Published Date: March, 2024
Pages: 202 |Tables: 118 |Figures: 77

Commercial Aircraft Landing Gear Market Insights

Global Commercial Aircraft Landing Gear Market size was valued at USD 2.75 Billion in 2022 and is poised to grow from USD 3.13 Billion in 2023 to USD 8.87 Billion by 2031, at a CAGR of 13.90% during the forecast period (2024-2031).

The global market for commercial aircraft landing gear is witnessing significant growth due to the expansion of major airlines' fleet sizes and the overall growth of the commercial aviation sector. As a result, the demand for new airliners is increasing, leading to a corresponding demand for landing gears. The civil aviation industry is experiencing remarkable growth, primarily due to the production of next-generation aircraft. Improved global economic conditions have also contributed to increased air passenger traffic worldwide. To cater to this rising demand for air travel, the number of commercial airplanes has seen a substantial increase. Consequently, the demand for commercial aircraft landing gear systems is expected to rise. Manufacturers of airplanes are adopting lightweight materials, electronic technologies, and innovative solutions to optimize aircraft performance during touchdown and reduce downtime.

These advanced landing gear systems require less maintenance compared to traditional counterparts. Additionally, there is a growing need to replace older, less fuel-efficient aircraft with more eco-friendly options, further driving the industry's growth in the coming years. The global market is undergoing rapid expansion, with technologically advanced control systems replacing manual hydraulic and mechanical systems. Moreover, competition among industry players across the value chain is intensifying. While the global industry is evolving in line with the changing global economy, it faces  challenges such as increasing energy costs, expensive raw materials, and inflation of the U.S. dollar. These challenges may hinder industry growth in the near future. To overcome these obstacles, players across the value chain, including original equipment manufacturers (OEMs) and component and raw material suppliers, are developing new business processes to leverage the industry's rapid globalization.

US Commercial Aircraft Landing Gear Market is poised to grow at sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 2.75 Billion

Largest Segment

Main Landing Gear

Fastest Growth

Main Landing Gear

Growth Rate

13.90% CAGR

Global Commercial Aircraft Landing Gear Market($ Bn)
Country Share for North America Region (%)

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Commercial Aircraft Landing Gear Market Segmental Analysis

To present a comprehensive industry overview, the landing gear market is divided into multiple important segments. It serves a variety of aircraft types, including rotary-wing (helicopters), fixed-wing (commercial aeroplanes), unmanned aerial vehicles (drones), and the newly-emerging advanced air mobility market. It concentrates on Original Equipment Manufacturers (OEMs), who construct new aircraft, as well as the aftermarket, which maintains and repairs older aircraft, when discussing end users. For maximum functionality, it further divides the landing gear itself into types, separating the main landing gear from the nose landing gear. Furthermore, the market is divided into subsystems, with each subsystem's actuation, steering, braking, structural, and other essential parts of the landing gear system examined. Lastly, it divides the market into regions, including North America, Europe, Asia Pacific, Latin America and the Middle East, in recognition of the global market reach. 

Commercial Aircraft Landing Gear Market Analysis by End user 

Based on the end user, the Aircraft Landing Gear Market has been segmented broadly into OEM and Aftermarket. Here OEM segment is leading this segment in 2023. The primary driver for the OEM segment is the direct sale of landing gear systems that are installed on entirely new aircraft. As the demand for new airplanes rises due to factors like, increasing global air traffic requiring airlines to expand their fleets and fleet modernization necessitating the replacement of older, less efficient aircraft. Development of new aircraft models catering to specific needs are the main factors among others that are driving the OEM segment in the aircraft landing gears market. 

Commercial Aircraft Landing Gear Market Analysis by Type 

Based on the type segment, the aircraft landing gear market has been segmented broadly into main landing gear and nose landing gear. The main landing gear needs to be robust enough to withstand the majority of the aircraft's weight during landing and taxiing. This necessitates the use of stronger materials and a larger overall structure. An aircraft typically requires two main landing gear units, while the nose landing gear is present as a single unit. This inherently leads to a higher production volume and market share for the main landing gear segment. These factors translate into the highest market share of main landing gear type in the aircraft landing gears market. 

 Commercial Aircraft Landing Gear Market Analysis by Aircraft Type 

Based on the aircraft type, the aircraft landing gear market has been segmented broadly into fixed-wing aircraft, rotary-wing aircraft, unmanned aerial vehicle and advanced air mobility Fixed-wing aircraft, including commercial aviation, military aviation and business jets & general aviation represents most of the air travel. This translates to a significantly larger demand for landing gear systems compared to other segments. Due to their widespread use in commercial aviation, fixed-wing aircraft are manufactured in much higher quantities compared to other types. This directly translates to a higher demand for landing gear systems specifically designed for these aircraft. 

 Commercial Aircraft Landing Gear Market Analysis by Aircraft Type 

Based on the subsystems, the aircraft landing gear market has been segmented broadly into actuation systems, steering systems, brake systems and other systems. Here structural system is leading this segment in 2023. A crucial driver is the ongoing industry-wide effort to develop lighter and more fuel-efficient aircraft. This necessitates the use of advanced materials in the structural components of the landing gear. Manufacturers are increasingly incorporating composite materials like carbon fiber into landing gear structures. Composites offer a high strength-to-weight ratio, enabling significant weight reduction while maintaining structural integrity. The structural segment encompasses components like landing gear beams, struts, and support structures. These components require continuous advancements to handle the increasing weight and operational demands of modern aircraft. Structural components need to be highly durable to withstand the immense stresses experienced during landing, taxiing, and take-off. 

Commercial Aircraft Landing Gear Market Analysis by Region 

Based on region, the Aircraft Landing Gear Market has been segmented into North America, Europe, Asia Pacific the Middle East, Latin America, and Africa. North America's landing gear sector is thriving due to a combination of factors. The region's robust aviation industry, marked by major players and a high concentration of airlines, drives consistent demand for landing gear. The region's emphasis on modernizing aging fleets, coupled with a growing trend toward advanced manufacturing techniques and materials used, further propels the aircraft landing gears market. The market is characterized by a surge in investments in research and development. 

Global Commercial Aircraft Landing Gear Market By Type, 2022 (%)

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Commercial Aircraft Landing Gear Market Regional Insights

North America holds a dominant position due to several factors. The region is home to major aircraft manufacturers and has a well-established aviation industry. The presence of key players, such as Boeing and Airbus, contributes to the region's dominance. These companies have a strong foothold in North America and continuously innovate to meet the growing demand for commercial aircraft.

APAC is emerging as one of the fastest-growing regions in the commercial aircraft landing gear market. The rapid economic growth in countries like China, India, and Southeast Asian nations has led to an increase in air travel demand. Rising disposable incomes, urbanization, and a growing middle class are contributing to the expansion of the aviation sector in APAC.

Global Commercial Aircraft Landing Gear Market By Region, 2024-2031
  • Largest
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Commercial Aircraft Landing Gear Market Dynamics

Commercial Aircraft Landing Gear Market Drivers

Increasing demand for new airliners

  • One key driver for the growth of the commercial aircraft landing gear market is the increasing demand for new airliners driven by the expansion of major airlines and the surging growth in the commercial aviation sector. The rise in air passenger traffic worldwide, coupled with improvements in global economic conditions, has resulted in a steep increase in the number of commercial airplanes. As a result, there is a growing need for commercial aircraft landing gear systems to cater to the increasing air travel demand and replace older, less fuel-efficient aircraft.

Commercial Aircraft Landing Gear Market Restraints

Potential impact of increasing energy costs, expensive raw materials, and U.S. dollar inflation

  • One significant restraint facing the commercial aircraft landing gear market is the potential impact of increasing energy costs, expensive raw materials, and U.S. dollar inflation. These factors can pose challenges to the industry's growth by raising production costs and reducing profit margins. Additionally, fluctuations in energy prices and currency exchange rates can affect the affordability of new aircraft and subsequently dampen the demand for commercial aircraft landing gear systems. Industry players need to closely monitor and manage these cost-related challenges to maintain a competitive position in the market.

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Commercial Aircraft Landing Gear Market Competitive Landscape

Global commercial aircraft landing gear market is characterized by increasing competition among industry participants across the value chain. Several companies are focusing on technological advancements to enhance the performance and efficiency of landing gear systems. Manufacturers are investing in research and development activities to introduce lightweight materials, electronic technologies, and innovative solutions. Additionally, companies are developing strategic partnerships and collaborations to expand their market presence and leverage synergies. The intense competition in the market is driving innovation and pushing companies to differentiate their offerings to gain a competitive edge.

Commercial Aircraft Landing Gear Market Top Player’s Company Profiles

  • United Technologies Corporation (US)
  • Honeywell International Inc. (US)
  • Liebherr-International AG (Switzerland)
  • UTC Aerospace Systems (US)
  • Eaton Corporation (Ireland)
  • Héroux-Devtek Inc. (Canada)
  • CIRCOR International, Inc. (US)
  • GKN Aerospace (UK)
  • Heroux-Devtek (Canada)
  • AAR Corp. (US)
  • Messier-Bugatti-Dowty (France)
  • Parker Hannifin Corporation (US)
  • Magellan Aerospace (Canada)
  • Meggitt PLC (UK)
  • SPP Canada Aircraft, Inc. (Canada)
  • Whippany Actuation Systems LLC (US)
  • BBA Aviation plc (UK)

Commercial Aircraft Landing Gear Market Recent Developments

  • In February 2024, Liebherr (Switzerland) and Japan Airlines signed an agreement covering the overhaul of the landing gear systems of J-Air's fleet of Embraer E170 / E190 aircraft. 

  • In September 2023, Safran entered into contract with Bell's tiltrotor for its aircraft program as part of the US Army's Future Long-Range Assault Aircraft (FLRAA) project. According to the contract, Safran Landing Systems will design and develop the fully integrated landing system from Bell's tiltrotor. 

  • In May 2022 Safran (France) and Magellan Aerospace Corporation (US) partnered to manufacture and process the landing gear systems for commercial aircraft platforms. 

  • In June 2023, Boeing and Virgin Galactic announced a strategic partnership to collaborate on the development of high-speed commercial travel and explore supersonic and hypersonic technologies.
  • In April 2023, Embraer announced the launch of the E3, a new generation of commercial aircraft, featuring improved fuel efficiency, reduced emissions, and enhanced passenger comfort.
  • In March 2023, Vertical Aerospace announced a strategic partnership with American Airlines to develop and introduce electric vertical takeoff and landing (eVTOL) aircraft for urban transportation.
  • In February 2023, United Airlines placed a significant order for 270 new aircraft, including both Boeing and Airbus models, to modernize its fleet and reduce its environmental footprint.
  • In January 2023, Airbus announced plans to acquire MTU Maintenance Canada, a leading aircraft engine maintenance provider, to expand its aftermarket services portfolio.

Commercial Aircraft Landing Gear Key Market Trends

  • One key market trend in the commercial aircraft landing gear industry is the increasing focus on lightweight materials and advanced technologies. Manufacturers are striving to develop landing gear systems that are lighter in weight, yet maintain durability and strength. This trend is driven by the industry's need for fuel efficiency and improved performance. Additionally, there is a growing emphasis on the integration of electronic technologies, such as sensor-based systems and advanced control mechanisms, to enhance safety, reduce maintenance requirements, and optimize overall aircraft performance during landing and takeoff.

Commercial Aircraft Landing Gear Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our global commercial aircraft landing gear market analysis, the market is experiencing significant growth, driven by the expansion of major airlines' fleet sizes and the surging growth in the commercial aviation sector is generating demand for new airliners, subsequently increasing the need for landing gears. The market is witnessing advancements in lightweight materials, electronic technologies, and innovative solutions to optimize aircraft performance and reduce downtime. Furthermore, replacing older aircraft with more fuel-efficient and eco-friendly options is driving the market growth. North America dominated the market, supported by its established aviation industry, while Asia-Pacific emerges as the fastest-growing region due to rapid economic growth and infrastructure development. However, challenges like increasing energy costs and currency inflation pose restraints. The competitive landscape is characterized by intense competition, technological advancements, and strategic collaborations among industry players.

Report Metric Details
Market size value in 2022 USD 2.75 Billion
Market size value in 2031 USD 8.87 Billion
Growth Rate 13.90%
Base year 2023
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • End user
    • OEM, Aftermarket
  • Aircraft type
    • Rotary-wing (helicopters), Fixed-wing (commercial aeroplanes), Unmanned aerial vehicles (drones), and the Newly-emerging advanced air mobility market
  • Type 
    • Main landing gear, Nose landing gear
  • Subsystem
    • Actuation, Steering, Braking, Structural, Other
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • United Technologies Corporation (US)
  • Honeywell International Inc. (US)
  • Liebherr-International AG (Switzerland)
  • UTC Aerospace Systems (US)
  • Eaton Corporation (Ireland)
  • Héroux-Devtek Inc. (Canada)
  • CIRCOR International, Inc. (US)
  • GKN Aerospace (UK)
  • Heroux-Devtek (Canada)
  • AAR Corp. (US)
  • Messier-Bugatti-Dowty (France)
  • Parker Hannifin Corporation (US)
  • Magellan Aerospace (Canada)
  • Meggitt PLC (UK)
  • SPP Canada Aircraft, Inc. (Canada)
  • Whippany Actuation Systems LLC (US)
  • BBA Aviation plc (UK)
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Commercial Aircraft Landing Gear Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Commercial Aircraft Landing Gear Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Commercial Aircraft Landing Gear Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Commercial Aircraft Landing Gear Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Commercial Aircraft Landing Gear Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Commercial Aircraft Landing Gear Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Commercial Aircraft Landing Gear Market size was valued at USD 2.75 Billion in 2022 and is poised to grow from USD 3.13 Billion in 2023 to USD 8.87 Billion by 2031, at a CAGR of 13.90% during the forecast period (2024-2031).

Global commercial aircraft landing gear market is characterized by increasing competition among industry participants across the value chain. Several companies are focusing on technological advancements to enhance the performance and efficiency of landing gear systems. Manufacturers are investing in research and development activities to introduce lightweight materials, electronic technologies, and innovative solutions. Additionally, companies are developing strategic partnerships and collaborations to expand their market presence and leverage synergies. The intense competition in the market is driving innovation and pushing companies to differentiate their offerings to gain a competitive edge. 'Safran (France)', 'United Technologies Corporation (US)', 'Collins Aerospace (US)', 'Honeywell International Inc. (US)', 'Liebherr-International AG (Switzerland)', 'UTC Aerospace Systems (US)', 'Eaton Corporation (Ireland)', 'Triumph Group Inc. (US)', 'Héroux-Devtek Inc. (Canada)', 'CIRCOR International, Inc. (US)', 'GKN Aerospace (UK)', 'Heroux-Devtek (Canada)', 'AAR Corp. (US)', 'Messier-Bugatti-Dowty (France)', 'Parker Hannifin Corporation (US)', 'Magellan Aerospace (Canada)', 'Meggitt PLC (UK)', 'SPP Canada Aircraft, Inc. (Canada)', 'Whippany Actuation Systems LLC (US)', 'BBA Aviation plc (UK)'

One key driver for the growth of the commercial aircraft landing gear market is the increasing demand for new airliners driven by the expansion of major airlines and the surging growth in the commercial aviation sector. The rise in air passenger traffic worldwide, coupled with improvements in global economic conditions, has resulted in a steep increase in the number of commercial airplanes. As a result, there is a growing need for commercial aircraft landing gear systems to cater to the increasing air travel demand and replace older, less fuel-efficient aircraft.

One key market trend in the commercial aircraft landing gear industry is the increasing focus on lightweight materials and advanced technologies. Manufacturers are striving to develop landing gear systems that are lighter in weight, yet maintain durability and strength. This trend is driven by the industry's need for fuel efficiency and improved performance. Additionally, there is a growing emphasis on the integration of electronic technologies, such as sensor-based systems and advanced control mechanisms, to enhance safety, reduce maintenance requirements, and optimize overall aircraft performance during landing and takeoff.

North America holds a dominant position due to several factors. The region is home to major aircraft manufacturers and has a well-established aviation industry. The presence of key players, such as Boeing and Airbus, contributes to the region's dominance. These companies have a strong foothold in North America and continuously innovate to meet the growing demand for commercial aircraft.

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Global Commercial Aircraft Landing Gear Market

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