Commercial Aircraft Landing Gear Market is Expected to Grow at a CAGR of 6% by 2021

PUNE, India, 2017-Jun-30 — /EPR Network/ — Market Synopsis of Global Commercial Aircraft Landing Gear Market:

The Global Commercial Aircraft Landing Gear Market is expected to grow at a CAGR of around 6% during 2016-2021. The key factors driving the growth are growing fleet size, aircraft orders, and demand for lightweight aircraft.

As per the MRFR analysis, challenges associated with new technology, strict design constraints, long product development process are the key factors restraining the market growth.

As per Boeing outlook 2016, around 8,330 aircraft will be delivered to Americas in the next 20 years. Whereas, APAC will register the deliveries of 15,130 aircraft. The demand for new aircraft, growing retirement and modernization of fleets will drive the aircraft landing gear market significantly in the forecast period.

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Key Players of Commercial Aircraft Landing Gear Market:

• Circor Aerospace
• Heroux-devtek, Liebherr Group
• messier-Bugatti-dowty
• UTC Aerospace Systems
• Honeywell Aerospace
• Megellan Aerospace
• Merrill Technologies Group
• SPP Canada Aircraft
• Triumph Group
• Whippany Actuation System

Regional and Country Analysis of Global Commercial Aircraft Landing Gear Market: 

As per the MRFR analysis, the APAC region will continue its dominance in the forecast period. Whereas, EMEA, and Americas will is expected to grow at CAGR of around 5.5% and 3% during the forecast period.

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Target Audience:

• Aircraft Landing Gear OEMs
• Component Suppliers
• Aftermarket suppliers /MROs
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager

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