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Aircraft Landing Gear Market Size, Share and Industry Analysis, by Type (Nose Landing Gear and Main Landing Gear), By Platform (Fixed-Wing and Rotary-Wing), By Arrangement Type (Tail Wheel, Tandem, and Tri-cycle), By Component (Retraction system, Breaks and Wheels, Steering, and Others), By End User (OEM and Aftermarket), and Regional Forecast, 2019-2026

Region : Global | Published Date: Mar, 2020 | Report ID: FBI101815

 

KEY MARKET INSIGHTS

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The landing gear is one of the critical subsystems of an aircraft. The objective of the landing gear in an aircraft is to provide suspension during runway operations, take-off, and landing. Recently, there have been advancements in aircraft landing gear systems and components, leading to improved aircraft performance and safety. Aircraft landing gear manufacturers are focusing on research and development to incorporate electronic actuation systems, lightweight materials for landing gear retraction systems, and new innovative solutions for improving the overall aircraft performance during landing and takeoff. These new technologies require low maintenance as compared to the conventional aircraft landing gear mechanism and thereby expecting to drive the aircraft landing gear market.


MARKET TRENDS


Replacing Hydro-Mechanical Systems with Electrically-Controlled Systems to Boost the Aircraft Landing Gear Market


Aircraft landing gear consists of systems such as steering system, brake system, up-lock system, and others that were previously were controlled or actuated by hydro-mechanical systems. In most of the next-generation aircraft, electrically controlled landing gear actuator systems have been incorporated. The advantages of electronic control systems are improved efficiency, enhanced accuracy, and higher reliability. For instance, hydro-mechanical locking systems are being replaced by micro-switches, which provide precision and accuracy in the aircraft landing and take-off operations. Moreover, the electronically controlled anti-skid brake management systems, which are the most important sub-systems of aircraft landing gears, are replacing conventional mechanical anti-skid brake systems. Technological advancements in landing gear systems with more electronic components are expected to drive the market during the forecast period.


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Use of Composite Materials for Landing Gear Components to Emerge as a Leading Trend


Composite materials have properties such as high strength, high stiffness, light-weight, and durability, owing to which composites are used in developing some of the components of the landing gears. For instance, the disc brake is made from carbon-fiber composites, has properties such as longer life, less cost, and less maintenance, thus control over the aircraft landing gears cost and make them more economical for different aircraft operators. Manufacturers such as Heroux Devtek and GKN Aerospace are developing retraction system components in composite materials. In 2017, GKN Aerospace’s Fokker business formed an alliance with Solvay to promote the use of thermoplastic composite materials on aircraft. Lightweight landing gears are improving the aircraft performance characteristics by reducing the overall aircraft weight, thus improving aircraft fuel efficiency.


MARKET DRIVERS


Increase in passenger transportation is resulting in a rise in the aircraft deliveries


An increase in the affluence of the middle classes in emerging economies is the major reason for the increase in air passenger traffic. Due to emerging economies such as India and China, an additional 200 million people are anticipated to enter the middle class across the world, thereby increasing the demand for air travel and aircraft deliveries. In 2019, Airbus S.A.S. forecasted that the demand for new aircraft would reach 39,000 in the next 20 years. Owing to the rise in air passenger traffic and aircraft deliveries, the market for Commercial Aircraft Landing Gear is expected to grow during the forecast period.


Replacing, Repairing, and modernization of aircraft landing gear systems in the older fleet


The aircraft landing gear experiences severe landing impacts due to which components such as wheels, brakes, actuation systems, shock absorbers, and others require regular replacement and maintenance services. Replacement and maintenance of landing gear have created lucrative growth opportunities for the aircraft landing gear MRO operators and OEMs. This is a key factor for the market growth for maintenance, repair, and overhaul (MRO) services in aircraft landing gear aftermarket and thereby driving the overall market growth. Due to evolving technologies in aircraft landing gear parts and functions such as actuation, steering, and brake systems, the older aircraft fleets are being upgraded by installing newly developed advance electrically controlled aircraft landing gear systems.


MARKET RESTRAINT


Complexity in the aircraft landing gear design will restraint the market growth


The need for designing the aircraft landing gear at minimum volume, minimum weight, and to reduce maintenance cost is one of the biggest challenges for designers. To overcome these challenges, companies are investing in the research and development of evolving advanced technologies, product testing & analysis methods and increasing the use of composite materials in aircraft landing gears.


Most of the conventional aircraft use hydro-mechanical systems in the aircraft landing gear. Due to mechanical failure such as jamming of the retraction system, as there can be a risk that aircraft may catch fire and may lead to a severe accident. These factors will hamper the growth of the market during the forecast period. However, the up-gradation of conventional aircraft landing gear with new technologies is expected to drive the market.


SEGMENTATION


By Type Analysis


Rising demand for commercial aircraft to boost the growth of the market


Based on type, the market is segmented into nose landing gear and main landing gear. In 2018, the main landing gear segment of the market was estimated to hold the largest share of the market. Increasing demand for commercial aircraft in Asia-Pacific will enhance the growth of the market.


The nose landing gear segment of the market is expected to be the fastest-growing market segment during the forecast period. The nose landing gear is also used for maneuvering the aircraft. Integration of high-performance shock struts and improvement in steering system technology are the major factors fueling the growth of this market segment.


By Platform Analysis


Fixed-wing aircraft to Account for Maximum Share in 2018


By platform, the aircraft landing gear market is segmented by fixed-wing and rotary-wing. In 2018, the fixed-wing segment was projected to be the largest segment of the market owing to rising demand for fixed-wing aircraft across various sectors such as commercial, military, and general aviation.


The fixed-wing segment is further divided into commercial aircraft, business aircraft, military aircraft, general aviation aircraft, and fixed-wing UAVs. The commercial aircraft segment is anticipated to account for the largest market share. The rise in air transport is the key factor in strengthening the growth of this segment.


The rotary-wing segment is expected to be the fastest-growing segment of the market during the forecast period due to the increased demand for helicopters for several military applications such as emergency services, surveillance, and special combat operations. Moreover, the rise in helicopter deliveries across the globe is supporting the growth of the helicopter landing gear market.


By Arrangement Analysis


The rise in next-generation commercial aircraft to propel the demand for the tri-cycle wheel segment in the market


By arrangement type, the market is segmented into the tail wheel, tandem, and tri-cycle. In 2018, the tri-cycle landing gear segment of the market was predicted to be the largest segment in the market. Tri-cycle arrangement is mostly used in commercial aircraft. Rising demand for next-generation commercial aircraft in Asia-Pacific, the tri-cycle segment is expected to dominate the market.


The tandem landing gear segment of the market is expected to be the fastest-growing segment during the forecast period. Aircraft landing gear types are derived based on their arrangement into different aircraft models. The tandem landing gear has the main gear and tail gear aligned on the longitudinal axis of the aircraft and is most commonly used in sailplanes, and few military aircraft models, such as the VTOL Harrier developed in the U.S. The VTOL Harrier has the tandem gear, along with smaller outrigger gears under its wings to provide additional stability. Owing to the improving military aviation and rising investment to procure fifth-generation military aircraft by governments of several countries is fueling the growth of this segment.


By Component Analysis


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The upsurge in demand for the aftermarket for retraction system will boost the market growth


By component, the market is classified into a retraction system, breaks & wheels, steering, and others. In 2018, the retraction system segment was estimated to be the largest segment in the market and is predicted to be the fastest-growing segment of the market during the forecast period owing to the rise in demand for the aftermarket MRO services in Asia-Pacific and the Middle East region.


By End-User Analysis


Introduction of new aircraft models is supporting the growth of the OEM segment


Global aircraft landing gear market based on the end-user industry includes OEM and aftermarket. The OEM segment is expected to dominate the market owing to increased aircraft deliveries in developing economies such as China and India.


The aftermarket segment is predicted to be the fastest-growing segment during the forecast period. The rise in air passenger transportation has resulted in increased flight hours, thereby increasing wear & tear and shortening the lifecycle of the aircraft landing gear components and systems. Thus, rising demand for air travel and an increase in the number of flights will fuel the growth of the aftermarket.


REGIONAL ANALYSIS


North America Aircraft Landing Gear Market, 2018 (USD Billion)

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The findings and analysis based on our research methodology indicate North America was estimated to hold the largest share in 2018 in the market. Moreover, the region has the presence of technologically advanced OEMs in the market, thus facilitating the growth throughout the forecast period.


As per our market research study, Asia-Pacific is expected to witness steady growth in the market during the forecast period owing to the significant rise in commercial aircraft deliveries in developing countries such as India and China. The region is expected to witness long-term growth in commercial aviation.


KEY INDUSTRY PLAYERS


Key Players to Maintain their Strong Position Across Different Aircraft Landing Gear-related Areas


The major players are significantly investing in research and development capabilities to develop lightweight aircraft landing gear systems, which can promote a reduction in the overall weight of the aircraft and make it more fuel-efficient. The key manufacturers are progressively establishing long-term agreements with suppliers to manage their inventory flow and profit margin effectively.


List of the Key Companies Profiled:



KEY INDUSTRY DEVELOPMENTS:



  • September 2019 - Liebherr-Aerospace signed a long-term service agreement with J-Air Corporation, covering the overhaul of the landing gear systems of the airliner’s 15 Embraer E170 family aircraft. This contract is an important milestone in Liebherr-Aerospace’s aircraft landing gear overhaul segment.

  • January 2018 – Triumph Group, Inc. was awarded a contract worth USD 50 million by Sierra Nevada Corporation to provide the landing gear system for the Dream Chaser spacecraft.

  • May 2018 – AirAsia X (an affiliate of Air Asia) has selected Safran Landing Systems to provide landing gear MRO services on its A330 fleet.


FUTURE OUTLOOK


The future technologies in aircraft landing gear will facilitate weight reduction, fuel conservation, improved reliability, corrosion resistance, and other challenges. Components made of composite materials will contribute to weight reduction. Robust sensing technology will improve the reliability of tire pressure and brake temperature sensing. The use of corrosion-resistant materials in UAVs landing gear will reduce the cost of repair and maintenance. Moreover, the rise in the usage of additive manufactured components in the landing gear technology is playing a crucial role in minimizing overall landing gear weight and cost. Companies across the globe are focusing on the 3D printed parts for better efficiency of the aircraft landing gear components and systems.


REPORT COVERAGE


An Infographic Representation of Aircraft Landing Gear Market

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The aircraft landing gear market report offers qualitative and quantitative insights on the  detailed analysis of the market size & aircraft landing gear market growth rate for the segments in the market.


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Along with this, the report covers an elaborative analysis of market dynamics, opportunities, emerging trends, and competitive landscape. Key insights covered in the report are the adoption of futuristic technology, recent industry developments such as strategic partnerships, mergers & acquisitions, consolidated SWOT analysis of key players, Porter’s five forces analysis, business strategies of aircraft leading market players, macro and micro-economic indicators, and key industry trends.


ReportScope& Segmentation






















































SEGMENTATION


  DETAILS

Study Period



  2015-2026



Base Year



  2018



Forecast Period



  2019-2026



Historical Period



  2015-2017



Unit



  Value (USD Billion)



By Type




  • Nose Landing Gear

  • Main Landing Gear



By Platform




  • Fixed-Wing

    • Commercial Aircraft

    • Business Aircraft

    • Military Aircraft

    • General Aviation Aircraft

    • Fixed-Wing UAVs



  • Rotary-Wing

    • Military Helicopter

    • Commercial Helicopter

    • Rotary UAVs





By Arrangement




  • Tail Wheel

  • Tandem

  • Tri-Cycle



By Component




  • Retraction System

  • Breaks and Wheels

  • Steering

  • Others



By End-User




  • OEM

  • Aftermarket



By Region




  • North America (the U.S. and Canada)

  • Europe (the U.K., Germany, France, Italy, and Rest of Europe)

  • Asia-Pacific (Japan, China, India, and Rest of Asia-Pacific)

  • Rest of the World (The Middle East and Africa and South America)



Frequently Asked Questions

In 2018, the global aircraft landing gear market was USD 10.69 Bn, and it is anticipated to reach USD 18.66 Bn by 2026, growing at a stellar CAGR of 7.09% during the forecast period (2019-2026).

In the market, main landing gear, tri-cycle landing gear, and fixed-wing aircraft are the leading segments.

Some of the driving factors for the market are the rising aircraft deliveries, increased demand for advanced technologies, and improving economies of Asian countries

Aircraft Landing gear is a vital part of the aircraft; at present, it has no close substitutes. Although additive manufacturing is used to manufacture a few landing gear components but majorly for developing a prototype and designing new aircraft landing gear systems.

In the market, some of the key players are Safran SA, Héroux-Devtek Inc., Triumph Group, Inc., and AAR Corporation, among others. These players are focusing on procurement and collaborating with domestic players to strengthen their product and serivces portfolios.

In the market, the key players such as Liebherr-International AG, CIRCOR International, Inc., Héroux-Devtek Inc., and UTC Aerospace Systems are focusing on establishing strong supply chain network in Asia-Pacific and the Middle East region. These companies are strengthening their product portfolio, and increasing their investment in the R&D for designing lightweight, durable, and cost-effective aircraft landing gears.

Aircraft Landing Gear Market Size, Share and Global Industry Trend Forecast till 2026
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