Aircraft Landing Gear Market was valued at US$ 12.31 billion in 2019 and is projected to reach US$ 17.37 billion by 2027
The global aircraft manufacturing and aftermarket industry is experiencing a substantial growth due to increasing demand of commercial and cargo aircraft worldwide. The rising disposable incomes in developing countries and increasing trend of e-commerce are some of the factors that are driving the demand of these aircraft. The inclining curve of air travel is constantly climbing across geographies, which is leading to the increased production of aircraft from manufacturers such as Airbus and Boe
Michel Law
The Aircraft Landing Gear Market was valued at US$ 12.31 billion in 2019 and is projected to reach US$ 17.37 billion by 2027. The Aircraft landing gear market is expected to grow at a CAGR of 4.4% during the forecast period of 2020 to 2027.
The global aircraft manufacturing and aftermarket industry is experiencing a substantial growth due to increasing demand of commercial and cargo aircraft worldwide. The rising disposable incomes in developing countries and increasing trend of e-commerce are some of the factors that are driving the demand of these aircraft. The inclining curve of air travel is constantly climbing across geographies, which is leading to the increased production of aircraft from manufacturers such as Airbus and Boeing.
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Aircraft Landing Gear Market to 2027 - Global Analysis and Forecasts by Aircraft Type (Airplanes and Helicopters); Gear Arrangement (Tricycle, Tandem, and Tail Wheel); Type (Main and Nose); End-User (Commercial and Armed Forces)
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Michel Law
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