The Aircraft Landing Gear market size is expected to reach USD 9.6 billion by 2026 from USD 6.9 billion in 2021, at a CAGR of 6.7% during the forecast period.
The growth of this market is mainly driven by the increasing aircraft deliveries due to growing passenger traffic and upgrades in existing aircraft. Advancements in existing types of aircraft as well as new technological developments for enhancements in aircraft performance and efficiency are expected to drive the market for aircraft landing gear across the globe.
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Collins Aerospace (US), Safran (France), Liebherr (Switzerland), Heroux-Devtek(Canada) and Triumph Group(US) among others, are some of the leading players operating in the aircraft landing gear market. These players have adopted various organic and inorganic growth strategies to strengthen their position in the market. These include new product developments, contracts, partnerships, agreements, acquisitions, and research & development (R&D) activities further to expand their presence in the aircraft landing gear market.
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Safran is a French multinational aircraft engine, rocket engine, aerospace component, defense, and security company, formed by the merger between the aircraft and rocket engine and aerospace component manufacturer group, SNECMA (Safran Aircraft Engines) and security company, SAGEM (Company of General Applications of Electricity and Mechanics). Safran operates through three business segments: Aerospace Propulsion, Aircraft Equipment & Defense and Aerosystems, and Aircraft Interiors. The products developed by the company across these segments include helicopter turbines, mechanical, hydromechanical and electromechanical equipment for the aeronautics industry, military avionics, aeronautic system engines and parts for civil and military aircraft, defense and security equipment, navigation equipment, optronic systems, biometric identification systems, and secure transaction terminals.
Safran, through its Aircraft Equipment, Defense and Aerosystems business segment, under the company Safran Landing Systems pioneers in landing gear system integration and equipment, including landing systems, wheels, and brakes, as well as associated systems like steering, landing gear extension/retraction, braking control and monitoring, and electric taxiing system. Safran Landing Systems, through its subsidiary company Safran Filtration Systems, also supplies filtration systems to a number of industries, including aerospace, defense, and manufacturing, addressing all filtration requirements from initial to production and support. The Liebherr Group is a technology company with a broadly diversified product program. The company is one of the world’s largest manufacturers of construction machines and offers high-quality user-oriented products and services for various other fields. Liebherr offers a diverse product program of 13 product segments, which is unique in its scope and scale, enabling it to shape technological advances in many different industries. The 13 segments include aerospace and transportation systems, mobile and crawler cranes, earthmoving, components, refrigeration and freezing, gear technology and automation systems, maritime cranes, deep foundation machines, material handling technology, mining, tower cranes, and concrete technology.
Liebherr Aerospace has capabilities and experience to design, manufacture, and service landing gear systems. This includes the landing gear structure, the extension/retraction and steering actuation, the position and warning system, the integration of wheels and brakes, and the associated sensors and controls, including cockpit controls. Landing gear systems by Liebherr are integrated into all kinds of platforms like commercial aircraft, regional aircraft, business jets, helicopters, transport aircraft, and fighters.
Collins Aerospace designs, manufactures, and services systems and components for commercial aviation, business aviation, military & defense, helicopters, space, airports, and other industries. The company operates through six strategic business units, namely, aerostructures, avionics, interiors, mechanical systems, mission systems, and power & control.
Collins Aerospace’s landing gear systems include the main, nose, and wing landing gear assemblies. They are made of high-strength materials to withstand the harshest of environments. Collins Aerospace provides landing gear solutions for a comfortable landing in the most demanding conditions. With decades of experience leading the aviation industry, it has developed an array of innovative landing gear products and offers exceptional customer service. It also provides integrated steering, braking, and control systems. Collins’ landing gears are provided for small business jets, large commercial airliners, and military defense aircraft. Collins’ products are found on most of the leading commercial transports, including the A380.
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