Market Snapshot:
Aircraft Undercarriage is a landing gear used during landing or take off. Usually wheels are used for landing on a runway and folds while the aircraft is in the air. The landing gear consists of shock absorbers and wheels. However, the aircrafts which are landing on the snow are equipped with skis. It also carries the weight of entire aircraft, so it has to be built strong. The increasing need of aircrafts globally is leading to the demand of undercarriage.
Highlights from Aircraft Undercarriage Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The key Manufacturers profiled in the report are United Technologies Corporation (United States), Safran S.A (France), Heroux-Devtek (Canada), Liebherr Group (Switzerland), CIRCOR Aerospace, Inc. (United States), Magellan Aerospace Corporation (Canada), Stirling Dynamics (United Kingdom), Triumph Group (United States), GKN plc (United Kingdom) and Albany International Corporation (United States). Additionally, other players that are part of this comprehensive study are AAR CORP (United States), APPH Designs (United Kingdom) and SPP Canada Aircraft, Inc. (SPPCA) (United States).
Geographic Breakdown and Segment Analysis
The Global Aircraft Undercarriage market presents a comprehensive analysis of the Aircraft Undercarriage market by end-user/application (Land Route, Waterway and Amphibious), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Aircraft Undercarriage industry. Investors and Manufacturers can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Aircraft Undercarriage market
Analyst at AMA have segmented the market study of Global Aircraft Undercarriage market by Type, Application and Region.
Influencing Trend:
Increasing Use of Aircraft Undercarriage in Defence Sector and Continuous Research and Development Aviation Industry
Market Growth Drivers:
Growing Air Route Traffic and Expansion of Aviation Industry and Need for Smooth and Comfortable Landing or Take-off is Increasing the Demand for Aircraft Undercarriage
Challenges:
Complexities Involved in Maintenance and Installation of Aircraft Undercarriage
Restraints:
Stringent Regulatory Guidelines Regarding the Aircraft Systems
Opportunities:
Growing Government Investment and Support in Defence Sector is Boosting the Market and Increasing Demand for Lightweight Undercarriage
Market Developments Activities:
In December 2018, United Technologies Corp. (UTC) has acquired Rockwell Collins and has the intension to separate its commercial business.
In this market of aircraft undercarriage, the major companies are focusing on product innovation and customer preference to drive sustained growth which will propel the market
Key Target Audience
Aircraft Undercarriage Manufacturers, Research and Development Institutes, Financial Institutes and Capital Venture, Regulatory Bodies, Aircraft Undercarriage International Traders and Others