Report ID : 1368067 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Strut Landing Gear Market is categorized based on Type (Fixed Landing Gear, Retractable Landing Gear) and Material (Aluminum, Steel, Composite Materials) and Application (Commercial Aviation, Military Aviation, General Aviation) and End-User (OEMs, Aftermarket) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
In 2023, the Strut Landing Gear Market size was $1.5 billion and is projected to grow to $2.8 billion by 2033, registering a CAGR of 6.7% from 2024 to 2033. This report includes multiple segments and provides an analysis of key trends and factors playing a substantial role in the market.
Like other distinct markets in the aerospace industry, the strut landing gear market enables aircraft to obtain support and stability during the takeoff phase, landing sequence, and taxiing processes. The targeted vertical is projected to grow as air travel demand expands world over courtesy towards augmentation in the volume of passengers and cargo transportation. This argues for a greater focus on advanced landing gear systems. Strut landing gear offers support to modern aircraft operations since it is designed to be robust, shock absorbing, and heavy, contributing towards speed along with safety.
The combination of technology and innovation has changed the landscape of strut landing gear over the years, allowing better performance, weight, and maintenance optimization. Heavy investment by manufacturers towards the incorporation of new lightweight materials and smart technologies for optimised landing gear systems is being witnessed. This shift is in line with the rest of the aerospace industry which aims towards sustainability and cost efficiency. Understanding the major drivers, challenges, and opportunities will help those looking to navigate this evolving sector successfully as the strut landing gear market is complex in its dynamics.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | Honeywell International Inc., Collins Aerospace, Safran S.A., Esterline Technologies Corporation, Liebherr Aerospace, Triumph Group Inc., Magellan Aerospace Corporation, Boeing, Airbus, UTC Aerospace Systems, GKN Aerospace |
SEGMENTS COVERED |
By Type - Fixed Landing Gear, Retractable Landing Gear By Material - Aluminum, Steel, Composite Materials By Application - Commercial Aviation, Military Aviation, General Aviation By End-User - OEMs, Aftermarket By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Strut Landing Gear Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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