Aircraft Gearbox Trends and Forecast
The future of the global aircraft gearbox market looks promising with opportunities in the commercial aircraft, military aircraft, and helicopter markets. The global aircraft gearbox market is expected to reach an estimated $6.5 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are rise in passenger traffic across the globe, increase in infrastructure investment, and initiatives taken by the regional government to strengthen domestic industrial capabilities.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Aircraft Gearbox by Segment
The study includes a forecast for the global aircraft gearbox by component, application, sale channel, end use, and region.
Aircraft Gearbox Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Gear
• Housing
• Bearing
• Others
Aircraft Gearbox Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Engine
• Airframe
Aircraft Gearbox Market by Sale Channel [Shipment Analysis by Value from 2018 to 2030]:
• Original Equipment Manufacturer (OEM)
• Aftermarket
Aircraft Gearbox Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Commercial Aircraft
• Military Aircraft
• Helicopters
Aircraft Gearbox Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Aircraft Gearbox Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aircraft gearbox companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aircraft gearbox companies profiled in this report include-
• Northstar Aerospace
• Triumph Group
• PBS Group
• Regal Rexnord
• Safran
• Aero Gear
• Boeing
• Rolls-Royce
• General Electric
• AVION Technologies
Aircraft Gearbox Market Insights
Lucintel forecasts that bearing is expected to witness the highest growth over the forecast period.
Within this market, military aircraft will remain the largest segment.
APAC is expected to witness highest growth over the forecast period due to strong expansion in both military and commercial aviation, fueled by defense spending, growing economies, and rising passenger traffic.
Features of the Global Aircraft Gearbox Market
Market Size Estimates: Aircraft gearbox market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Aircraft gearbox market size by component, application, sale channel, end use, and region in terms of value ($B).
Regional Analysis: Aircraft gearbox market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different component, application, sale channel, end use, and regions for the aircraft gearbox market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aircraft gearbox market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the aircraft gearbox market size?
Answer: The global aircraft gearbox market is expected to reach an estimated $6.5 billion by 2030.
Q2. What is the growth forecast for aircraft gearbox market?
Answer: The global aircraft gearbox market is expected to grow with a CAGR of 6.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the aircraft gearbox market?
Answer: The major drivers for this market are rise in passenger traffic across the globe, increase in infrastructure investment, and initiatives taken by the regional government to strengthen domestic industrial capabilities.
Q4. What are the major segments for aircraft gearbox market?
Answer: The future of the global aircraft gearbox market looks promising with opportunities in the commercial aircraft, military aircraft, and helicopter markets.
Q5. Who are the key aircraft gearbox market companies?
Answer: Some of the key aircraft gearbox companies are as follows:
• Northstar Aerospace
• Triumph Group
• PBS Group
• Regal Rexnord
• Safran
• Aero Gear
• Boeing
• Rolls-Royce
• General Electric
• AVION Technologies
Q6. Which aircraft gearbox market segment will be the largest in future?
Answer: Lucintel forecasts that bearing is expected to witness the highest growth over the forecast period.
Q7. In aircraft gearbox market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to strong expansion in both military and commercial aviation, fueled by defense spending, growing economies, and rising passenger traffic.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the aircraft gearbox market by component (gear, housing, bearing, and others), application (engine and airframe), sale channel (original equipment manufacturer (OEM) and aftermarket), end use (commercial aircraft, military aircraft, and helicopters), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Aircraft Gearbox Market, Aircraft Gearbox Market Size, Aircraft Gearbox Market Growth, Aircraft Gearbox Market Analysis, Aircraft Gearbox Market Report, Aircraft Gearbox Market Share, Aircraft Gearbox Market Trends, Aircraft Gearbox Market Forecast, Aircraft Gearbox Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.