April 12, 2024

Aircraft Gearbox Market Size To Rake USD 6.03 Bn By 2032

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. 

Aircraft Gearbox Market Size 2023 To 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.

Get a Sample Reporthttps://www.precedenceresearch.com/sample/3461

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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