Aircraft Landing Gears Market By Component (Landing Gear System, Actuation System, Braking System, Tires), By Platform (Fixed-Wing Aircraft, Rotary-Wing Aircraft, UAV), By Material (Aluminum Alloys, Steel Alloys, Composite Materials, Titanium Alloys), By End-User (OEM, Aftermarket), and By Region; Global Insights & Forecast (2024 – 2030)

As per Intent Market Research, the Aircraft Landing Gears Market was valued at USD 8.8 billion in 2023 and will surpass USD 13.0 billion by 2030; growing at a CAGR of 5.7% during 2024 - 2030.

Rotary-Wing Aircraft Segment is Expected to Witness the Fastest Growth

The rotary-wing aircraft landing gears segment is anticipated to grow the fastest in the aircraft landing gears market. This growth is largely driven by the increasing demand for helicopters, particularly for military applications, search and rescue operations, and emergency medical services (EMS). Military forces worldwide are modernizing their helicopter fleets, leading to higher demand for advanced landing gear systems. Additionally, the rising popularity of urban air mobility (UAM) solutions and the development of electric vertical take-off and landing (eVTOL) aircraft contribute to the growth of rotary-wing landing gear systems.

As technological advancements in materials and designs enhance the durability and weight reduction of helicopter landing gears, manufacturers are focused on developing more efficient and cost-effective solutions. The introduction of composite materials and the increasing use of 3D printing in the manufacturing of landing gears further propel this segment's expansion. Overall, the surge in military and civilian rotorcraft applications is expected to drive significant growth in this segment over the forecast period.

North America is Projected to Have the Largest Market Size During the Forecast Period

North America is the largest region in the aircraft landing gears market, primarily due to its established aerospace and defense industry. The presence of major aircraft manufacturers such as Boeing, Lockheed Martin, and Gulfstream, along with leading landing gear manufacturers like Safran Landing Systems and Collins Aerospace, has made North America a dominant player in this market. Moreover, substantial military spending by the U.S. government, combined with the need to modernize aging aircraft fleets, fuels the demand for landing gear systems in the region.

The region is also experiencing growth in the commercial aviation sector, with increasing air passenger traffic and the procurement of new commercial jets by major airlines. Additionally, advancements in material science and the adoption of lightweight, high-strength materials are key factors driving the development of next-generation landing gear systems. With North America's continued investment in both military and civil aviation, it is expected to remain the largest regional market for aircraft landing gears over the coming years.

The report focuses on estimating the current market potential in terms of the total addressable market for all the segments, sub-segments, and regions. In the process, all the high-growth and upcoming technologies were identified and analyzed to measure their impact on the current and future market. The report also identifies the key stakeholders, their business gaps, and their purchasing behavior. This information is essential for developing effective marketing strategies and creating products or services that meet the needs of the target market. The report also covers a detailed analysis of the competitive landscape which includes major players, their recent developments, growth strategies, product benchmarking, and manufacturing operations among others. Also, brief insights on start-up ecosystem and emerging companies is also included as part of this report.

Report Objectives:

The report will help you answer some of the most critical questions in the Aircraft Landing Gears Market. A few of them are as follows:

1. What are the key drivers, restraints, opportunities, and challenges influencing the market growth?
2. What are the prevailing technology trends in the Aircraft Landing Gears Market?
3. What is the size of the Aircraft Landing Gears Market based on segments, sub-segments, and regions?
4. What is the size of different market segments across key regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa?
5. What are the market opportunities for stakeholders after analyzing key market trends?
6. Who are the leading market players and what are their market share and core competencies?
7. What is the degree of competition in the market and what are the key growth strategies adopted by leading players?
8. What is the competitive landscape of the market, including market share analysis, revenue analysis, and a ranking of key players?

Report Scope: