Praj Nene

The global aircraft landing gear market was valued at USD 9.88 billion in 2020 and is expected to reach USD 22.90 billion by 2028, growing at a CAGR of 17.9% during 2023-2028. The Aircraft Landing Gear Market refers to the industry that deals with the design, manufacturing, and distribution of landing gear systems for various types of aircraft, including commercial airliners, military planes, and general aviation aircraft. The market encompasses a range of components such as landing gear struts, wheels, brakes, and other related systems that facilitate safe landing and takeoff operations. This market plays a crucial role in ensuring the safety and efficiency of aircraft operations by providing reliable and durable landing gear solutions. It is influenced by factors like increasing air travel demand, fleet expansion by airlines, advancements in landing gear technologies, and rising military aircraft procurement. List of Top Players Covered in the Report: AAR Alaris Aerospace CIRCOR International, Inc. GKN Aerospace Services Ltd. Hawker Pacific Aerospace Héroux-Devtek Inc. Liebherr-International AG Magellan Aerospace Corporation Safran SA SPP Canada Aircraft, Inc. Triumph Group, Inc. UTC Aerospace Systems Information Source:- https://www.fortunebusinessinsights.com/industry-reports/aircraft-landing-gear-market-101815