Global Commercial Aircraft Landing Gear System Growth Opportunities

Global Commercial Aircraft Landing Gear System Growth Opportunities

The Adoption of Industry 4.0 Technologies and Composite Materials and the Rising Trends of Additive Manufacturing and Digitalization are Enabling Sustainable Development in Landing Gear Systems

RELEASE DATE
30-Aug-2022
REGION
Global
Research Code: PD70-01-00-00-00
SKU: AE01623-GL-MT_26830
$4,950.00
In stock
SKU
AE01623-GL-MT_26830
$4,950.00

Pay by invoice

ENQUIRE NOW

Description

This Frost & Sullivan study analyzes the global commercial aircraft landing gear systems market from 2022 to 2032. A landing gear system comprises a comprehensive mechanism that works together to execute safe take-off and landing operations. A typical landing gear system consists of doors, a retraction system (along with hydraulic sub-systems), actuation systems, control systems, braking systems, and steering systems, along with a host of sub-systems. This market comprises 3 revenue streams—linefit, retrofit, and aftermarket. The linefit landing gear systems market is dependent on the number of aircraft delivered in a calendar year. The value of the landing gear systems shipset delivered to these new aircraft is the highest; hence, the market value is also the highest of the 3 streams. The retrofit market relies on the number of aircraft set to undergo full landing gear overhauls throughout the forecast period, and the aftermarket segment depends on the total number of aircraft in service. The share of revenue streams stands at 58.5% for the linefit segment, 20.5% for the retrofit segment, and 21% for the aftermarket segment.

The landing gear systems industry has seen only a few technological innovations, largely due to regulatory complexities, including long approval timelines and expensive R&D regimes. Therefore, technology adoption is limited to the factory level, with augmented reality (used to improve workforce efficiency) and additive manufacturing (to reduce the number of moving parts) being gradually incorporated into workplaces. Sustainability is also a prime focus of the industry. Suppliers such as Collins Aerospace are leading the way with the Extended Disk Life (EDL) solution that focuses on increasing the utility of aircraft carbon brakes.

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Commercial Aircraft Landing Gear Systems Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Value Chain and Types of Landing Gear Systems

Critical Systems within a Landing Gear System

Involvement of Landing Gear Systems in Accident-prone Flight Phases

Landing Gear Production Processes

Landing Gear Overhaul Process and Important Considerations

Sustainability Avenues and Best Practices

Technological Developments

Segmentation

Key Competitors

Growth Metrics

Growth Drivers

Growth Driver Analysis

Growth Restraints

Growth Restraint Analysis

Forecast Assumptions

Historical Aircraft Deliveries

New Aircraft Deliveries

Aircraft Fleet in Service

Aircraft Historical Deliveries, New Deliveries, and Fleet in Service Forecast Analysis

Revenue Forecast

Revenue Forecast by Revenue Stream

Revenue Forecast Analysis

Revenue Forecast by Region

Revenue Forecast Analysis by Region

Pricing Trend Analysis

Competitive Environment

Revenue Share

Revenue Share Analysis

Revenue Share Analysis (continued)

Growth Metrics

Linefit Revenue Forecast

Linefit Revenue Forecast by Region

Linefit Revenue Forecast by Aircraft Type

Linefit Forecast Analysis

Growth Metrics

Retrofit Revenue Forecast

Retrofit Revenue Forecast by Region

Retrofit Revenue Forecast by Aircraft Type

Retrofit Forecast Analysis

Growth Metrics

Aftermarket Revenue Forecast

Aftermarket Revenue Forecast by Region

Aftermarket Revenue Forecast by Aircraft Type

Aftermarket Forecast Analysis

Growth Opportunity 1—Augmented Reality Applications

Growth Opportunity 1—Augmented Reality Applications (continued)

Growth Opportunity 2—Additive Manufacturing of Landing Gear Parts

Growth Opportunity 2—Additive Manufacturing of Landing Gear Parts (continued)

Growth Opportunity 3—Blockchain Solutions for Landing Gear Maintenance Collaboration

Growth Opportunity 3—Blockchain Solutions for Landing Gear Maintenance Collaboration (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

Legal Disclaimer

This Frost & Sullivan study analyzes the global commercial aircraft landing gear systems market from 2022 to 2032. A landing gear system comprises a comprehensive mechanism that works together to execute safe take-off and landing operations. A typical landing gear system consists of doors, a retraction system (along with hydraulic sub-systems), actuation systems, control systems, braking systems, and steering systems, along with a host of sub-systems. This market comprises 3 revenue streams—linefit, retrofit, and aftermarket. The linefit landing gear systems market is dependent on the number of aircraft delivered in a calendar year. The value of the landing gear systems shipset delivered to these new aircraft is the highest; hence, the market value is also the highest of the 3 streams. The retrofit market relies on the number of aircraft set to undergo full landing gear overhauls throughout the forecast period, and the aftermarket segment depends on the total number of aircraft in service. The share of revenue streams stands at 58.5% for the linefit segment, 20.5% for the retrofit segment, and 21% for the aftermarket segment. The landing gear systems industry has seen only a few technological innovations, largely due to regulatory complexities, including long approval timelines and expensive R&D regimes. Therefore, technology adoption is limited to the factory level, with augmented reality (used to improve workforce efficiency) and additive manufacturing (to reduce the number of moving parts) being gradually incorporated into workplaces. Sustainability is also a prime focus of the industry. Suppliers such as Collins Aerospace are leading the way with the Extended Disk Life (EDL) solution that focuses on increasing the utility of aircraft carbon brakes.
More Information
Author Vedhas Sabnis
Industries Aerospace, Defence and Security
No Index No
Is Prebook No
Keyword 1 Aircraft Landing Gear Market
Keyword 2 Commercial Aircraft Landing Gear Market
Keyword 3 Aircraft Gear Market
Podcast No
WIP Number PD70-01-00-00-00