
Report ID: SQMIG20A2072
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Commercial Aircraft Landing Gear Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Commercial Aircraft Landing Gear industry players.
The 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.
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Commercial Aircraft Landing Gear Market size was valued at USD 3.13 Billion in 2023 and is poised to grow from USD 3.57 Billion in 2024 to USD 10.1 Billion by 2032, growing at a CAGR of 13.90% during the forecast period (2025-2032).
The 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. 'CIRCOR Aerospace Products Group (US) ', 'ARR (US) ', 'Eaton (US) ', 'Heroux-Devtek (Canada) ', 'Honeywell International Inc. (US) ', 'Magellan Aerospace Corporation (Canada) ', 'Liebherr, MAG Inc. (US) ', 'Sumitomo Precision Products Co., Ltd. (SPP) (Japan) ', 'Safran Landing Systems (France) ', 'Triumph Group (US) ', 'Whippany Actuation Systems (US) ', 'Safran (France) ', 'Collins Aerospace (US) ', 'Honeywell International Inc. (US) ', 'Liebherr-International AG (Switzerland) ', 'Eaton Corporation (Ireland) ', 'Triumph Group Inc. (US) ', 'Heroux-Devtek Inc. (Canada) ', 'CIRCOR International, Inc. (US) ', 'GKN Aerospace (UK) ', 'Heroux-Devtek (Canada) ', 'AAR Corp. (US) ', 'Parker Hannifin Corporation (US) ', 'Magellan Aerospace (Canada) ', 'Meggitt PLC (UK) ', 'SPP Canada Aircraft, Inc. (Canada) ', 'Whippany Actuation Systems LLC (US) '
Increasing demand for new airliners
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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Report ID: SQMIG20A2072
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