The global aircraft landing gear market accounted to US$ 11.89 Bn in 2018 and is expected to grow at a CAGR of 6.4% during the forecast period 2019 - 2027, to account to US$ 20.60 Bn by 2027. 

Landing gear is one of the crucial subsystems of an aircraft that supports the entire weight of an aircraft during landing, take-off, and other ground operations. The type and design of a landing gear system depends on the aircraft type and its potential use. A typical landing gear system consists of various components such as brakes, controls, shock absorbers, retraction systems, and warning devices, among many others. The global aircraft manufacturing and aftermarket industry is experiencing a substantial growth due to increasing demand of commercial and cargo aircrafts worldwide. The rising disposable incomes in developing countries and increasing trend of e-commerce are some of the factors that are driving the demand of these aircrafts. In addition to this, the increasing investments in defense equipment across countries due to uncertain geo-political tensions are expected to drive the demand of military aircrafts during the forecast period of 2019 to 2027. All these factors and trends are anticipated to fuel the demand for aircraft landing gear in various geographies and offer future growth opportunities for market players operating in the global aircraft landing gear market.

The global aircraft landing gear market is anticipated to witness impressive growth during the forecast period, owing to the increasing production of commercial aircrafts due to rising trend of air travel, especially in developing regions of the world. During the forecast period of 2019 to 2027, aerospace and defense industry is expected to drive the demand for aircraft landing gear worldwide. However, the adoption of alternative and low-cost non-aircraft landing gear methods could hinder the aircraft landing gear market growth. Despite these limitations, the increasing demand for consumer electronic devices and rising trend of miniaturization is projected to offer ample growth opportunities for the players operating in the aircraft landing gear market during the forecast period of 2019 to 2027.

Significant market initiatives have been taken by some of the leading companies in aircraft landing gear market by getting involved in partnering with the clients, winning significant contracts, and also expanding their production capabilities. For instance, recently, Héroux-Devtek Inc. signed agreement to supply the main landing gears for Boeing's F/A-18E/F Super Hornet and EA-18G Growler. Also, it has extended the scope of the agreement to comprise the manufacturing of the nose and main landing gears for Boeing's Advanced F-15 program and supply of spare parts and aftermarket services for both defense aircraft programs and covers a period of performance of five years. In the same year, Collins Aerospace announced that it won the contract to supply its ACES 5® ejection seat to Boeing for the U.S. Air Force contract, along with the platform's fully integrated landing gear system. Further, in 2018, Liebherr Group's aerospace domain expands its presence in China. The company is growing and strengthens its support to Commercial Aircraft Corporation of China and the customers of aircraft manufacturers in China. These strategic initiatives are further expected to provide a significant opportunities for market growth in the coming years.

The major players operating in the market for aircraft landing gear market include SAFRAN S.A., Liebherr Group, Héroux-Devtek Inc., Collins Aerospace, Triumph Group Inc., Circor International, Inc., Sumitomo Precision Products Co., Ltd., GKN Aerospace Services Limited, AAR Corp., and Magellan Aerospace Corporation among others.

The report segments the global aircraft landing gear market as follows:

Global Aircraft Landing Gear Market - By Aircraft Type 
- Airplanes
- Helicopters

Global Aircraft landing gear Market - By Gear Arrangement
- Tricycle
- Tandem
- Tail Wheel

Global Aircraft landing gear Market - By Type
- Main
- Nose

Global Aircraft landing gear Market - By End-User
- Commercial
- Armed Forces

Global Aircraft landing gear Market - By Geography
- North America
- Europe
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
- South America (SAM)

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