The aircraft gearbox market size is poised to grow by USD 6.03 billion by 2032 from USD 3.2 billion in 2022, exhibiting a CAGR of 6.6% during the forecast period 2023-2032.
Key Takeaways
- North America contributed more than 44% of revenue share in 2022.
- The Asia-Pacific region is estimated to expand the fastest CAGR between 2023 and 2032.
- By Application, the engine segment has held the largest market share of 65% in 2022.
- By Application, the airframe segment is anticipated to grow at a remarkable CAGR of 6.9% between 2023 and 2032.
- By Component, the gear segment generated over 45% of revenue share in 2022.
- By Component, the bearing segment is expected to expand at the fastest CAGR over the projected period.
- By End Use, the commercial aircraft segment generated over 40% of revenue share in 2022.
- By End Use, the helicopters segment is expected to expand at the fastest CAGR over the projected period.
- By Sales Channel, the OEM segment generated over 63% of revenue share in 2022.
- By Sales Channel, the aftermarket segment is expected to expand at the fastest CAGR over the projected period.
Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Aircraft gearbox market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.
To begin with, the Aircraft gearbox Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.
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Aircraft Gearbox Market Scope
Report Coverage | Details |
Growth Rate from 2023 to 2032 | CAGR of 6.6% |
Market Size in 2023 | USD 3.4 Billion |
Market Size by 2032 | USD 6.03 Billion |
Largest Market | North America |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | By Application, By Component, By End Use, and By Sales Channel |
Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Read More: Aesthetic Devices Market Size To Gain USD 24.11 Bn by 2032
The empirical study on the global Aircraft gearbox market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Aircraft gearbox Market. Our market report for the Aircraft gearbox market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.
Aircraft Gearbox Market Players
- United Technologies Corporation
- Safran S.A.
- GE Aviation
- Honeywell International Inc.
- Rolls-Royce Holdings PLC
- Northrop Grumman Corporation
- Parker Hannifin Corporation
- Woodward, Inc.
- Liebherr Group
- SKF Group
- Moog Inc.
- Curtiss-Wright Corporation
- Aero Gear, Inc.
- ZF Friedrichshafen AG
- AMETEK Inc.
Data Sources and Methodology
To gather comprehensive insights on the Global Aircraft gearbox Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.
We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Aircraft gearbox Market.
The most resonating, simple, genuine, and important causes because of which you must decide to buy the Aircraft gearbox market report exclusively from precedence research
- The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.
Key Features of the Report:
- Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
- Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
- Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.
Market Segmentation:
By Application
- Engine
- Airframe
By Component
- Gear
- Housing
- Bearing
- Others
By End Use
- Commercial Aircraft
- Military Aircraft
- Helicopters
By Sales Channel
- OEM
- Aftermarket
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Reasons to Consider Purchasing the Report:
- Enhance your market research capabilities by accessing this comprehensive and precise report on the global Aircraft gearbox market.
- Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
- Benefit from in-depth research and analysis of the latest trends shaping the global Aircraft gearbox market.
- Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Aircraft gearbox market.
- Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
- Discover not only the cutting-edge technological advancements in the global Aircraft gearbox market but also the strategic plans of industry leaders.
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Aircraft Gearbox Market
5.1. COVID-19 Landscape: Aircraft Gearbox Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Aircraft Gearbox Market, By Application
8.1. Aircraft Gearbox Market Revenue and Volume Forecast, by Application, 2023-2032
8.1.1. Engine
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Airframe
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Aircraft Gearbox Market, By Component
9.1. Aircraft Gearbox Market Revenue and Volume Forecast, by Component, 2023-2032
9.1.1. Gear
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Housing
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Bearing
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
9.1.4. Others
9.1.4.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Aircraft Gearbox Market, By End Use
10.1. Aircraft Gearbox Market Revenue and Volume Forecast, by End Use, 2023-2032
10.1.1. Commercial Aircraft
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Military Aircraft
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
10.1.3. Helicopters
10.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Aircraft Gearbox Market, By Sales Channel
11.1. Aircraft Gearbox Market Revenue and Volume Forecast, by Sales Channel, 2023-2032
11.1.1. OEM
11.1.1.1. Market Revenue and Volume Forecast (2020-2032)
11.1.2. Aftermarket
11.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 12. Global Aircraft Gearbox Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.1.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.1.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.1.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.1.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.1.5.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.1.5.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.1.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.1.6.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.1.6.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.2. Europe
12.2.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.2.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.5.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.2.5.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.6.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.2.6.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.2.7. France
12.2.7.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.7.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.7.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.2.7.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.8.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.8.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.2.8.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.3. APAC
12.3.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.3.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.3.5. India
12.3.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.5.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.3.5.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.3.6. China
12.3.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.6.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.3.6.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.7.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.7.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.3.7.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.8.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.8.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.3.8.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.4. MEA
12.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.4.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.5.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.4.5.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.6.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.4.6.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.7.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.7.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.4.7.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.8.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.8.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.4.8.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.5. Latin America
12.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.5.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.5.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.5.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.5.5.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.5.5.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.5.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.5.6.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.5.6.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
Chapter 13. Company Profiles
13.1. United Technologies Corporation
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Safran S.A.
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. GE Aviation
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Honeywell International Inc.
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Rolls-Royce Holdings PLC
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Northrop Grumman Corporation
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Parker Hannifin Corporation
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Woodward, Inc.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Liebherr Group
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. SKF Group
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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