Global Commercial Aircraft Landing Gear Market

Commercial Aircraft Landing Gear Market Size, Share, Growth Analysis, By Aircraft type(Narrow-body, Wide-body, Regional jet, Others), By Gear Position(Main landing gear, Nose landing gear), By Component(Landing gear steering system, Wheel & brake system, Actuation system, Others), By Arrangement Type(Tricycle, Tandem, Tailwheel), By Region - Industry Forecast 2025-2032


Report ID: SQMIG20A2072 | Region: Global | Published Date: September, 2024
Pages: 202 | Tables: 118 | Figures: 77

Commercial Aircraft Landing Gear Market News

  • In February 2024, Liebherr (Switzerland) and Japan Airlines signed an agreement covering the overhaul of the landing gear systems of J-Air's fleet of Embraer E170 / E190 aircraft. 
  • In September 2023, Safran entered into contract with Bell's tiltrotor for its aircraft program as part of the US Army's Future Long-Range Assault Aircraft (FLRAA) project. According to the contract, Safran Landing Systems will design and develop the fully integrated landing system from Bell's tiltrotor. 
  • In May 2022 Safran (France) and Magellan Aerospace Corporation (US) partnered to manufacture and process the landing gear systems for commercial aircraft platforms. 
  • In June 2023, Boeing and Virgin Galactic announced a strategic partnership to collaborate on the development of high-speed commercial travel and explore supersonic and hypersonic technologies. 
  • In April 2023, Embraer announced the launch of the E3, a new generation of commercial aircraft, featuring improved fuel efficiency, reduced emissions, and enhanced passenger comfort. 
  • In March 2023, Vertical Aerospace announced a strategic partnership with American Airlines to develop and introduce electric vertical takeoff and landing (eVTOL) aircraft for urban transportation. 
  • In February 2023, United Airlines placed a significant order for 270 new aircraft, including both Boeing and Airbus models, to modernize its fleet and reduce its environmental footprint. 
  • In January 2023, Airbus announced plans to acquire MTU Maintenance Canada, a leading aircraft engine maintenance provider, to expand its aftermarket services portfolio. 
  • In January 2023, Airbus announced plans to acquire MTU Maintenance Canada, a leading aircraft engine maintenance provider, to expand its aftermarket services portfolio.
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Commercial Aircraft Landing Gear Market size was valued at USD 3.13 Billion in 2023 and is poised to grow from USD 3.57 Billion in 2024 to USD 10.1 Billion by 2032, growing at a CAGR of 13.90% during the forecast period (2025-2032).

The commercial aircraft landing gear market is characterized by increasing competition among industry participants across the value chain. Several companies are focusing on technological advancements to enhance the performance and efficiency of landing gear systems. Manufacturers are investing in research and development activities to introduce lightweight materials, electronic technologies, and innovative solutions. Additionally, companies are developing strategic partnerships and collaborations to expand their market presence and leverage synergies. The intense competition in the market is driving innovation and pushing companies to differentiate their offerings to gain a competitive edge.  'CIRCOR Aerospace Products Group (US) ', 'ARR (US) ', 'Eaton (US) ', 'Heroux-Devtek (Canada) ', 'Honeywell International Inc. (US) ', 'Magellan Aerospace Corporation (Canada) ', 'Liebherr, MAG Inc. (US) ', 'Sumitomo Precision Products Co., Ltd. (SPP) (Japan) ', 'Safran Landing Systems (France) ', 'Triumph Group (US) ', 'Whippany Actuation Systems (US) ', 'Safran (France) ', 'Collins Aerospace (US) ', 'Honeywell International Inc. (US) ', 'Liebherr-International AG (Switzerland) ', 'Eaton Corporation (Ireland) ', 'Triumph Group Inc. (US) ', 'Heroux-Devtek Inc. (Canada) ', 'CIRCOR International, Inc. (US) ', 'GKN Aerospace (UK) ', 'Heroux-Devtek (Canada) ', 'AAR Corp. (US) ', 'Parker Hannifin Corporation (US) ', 'Magellan Aerospace (Canada) ', 'Meggitt PLC (UK) ', 'SPP Canada Aircraft, Inc. (Canada) ', 'Whippany Actuation Systems LLC (US) '

Increasing demand for new airliners 

One key market trend in the commercial aircraft landing gear industry is the increasing focus on lightweight materials and advanced technologies. Manufacturers are striving to develop landing gear systems that are lighter in weight, yet maintain durability and strength. This trend is driven by the industry's need for fuel efficiency and improved performance. Additionally, there is a growing emphasis on the integration of electronic technologies, such as sensor-based systems and advanced control mechanisms, to enhance safety, reduce maintenance requirements, and optimize overall aircraft performance during landing and takeoff.

North America holds a dominant position due to several factors. The region is home to major aircraft manufacturers and has a well-established aviation industry. The presence of key players, such as Boeing and Airbus, contributes to the region's dominance. These companies have a strong foothold in North America and continuously innovate to meet the growing demand for commercial aircraft.

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Global Commercial Aircraft Landing Gear Market

Report ID: SQMIG20A2072

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