The aircraft landing gear market is poised to grow significantly, from USD 8.66 billion in 2025 to USD 15.95 billion by 2034, at a CAGR of 7%. The expansion is fueled by rising demand for commercial flights in developed nations and substantial investments by airlines in high-quality aircraft to enhance passenger experience.
Market Highlights
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North America leads with the highest revenue share.
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Europe is expected to post notable CAGR growth during the forecast period.
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By Type: Main landing gear dominates the market.
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By Type: Nose landing gear to record the fastest growth rate.
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By Platform: Fixed-wing segment holds the largest market share.
Leading Aircraft Landing Gear Companies
1. AAR Corporation (U.S.)
About: AAR Corporation is a leading provider of aviation services to commercial and government customers worldwide.
Products: Offers landing gear overhaul, repair, and exchange services.
Market Cap: Approximately USD 1.7 billion.
2. Alaris Aerospace (U.S.)
About: Specializes in aftermarket aircraft component distribution and logistics solutions.
Products: Supplies a wide range of landing gear parts for various aircraft platforms.
Market Cap: Privately held company (financials not publicly disclosed).
3. CIRCOR International Inc. (U.S.)
About: A diversified manufacturer of engineered products for the aerospace and defense sectors.
Products: Hydraulic landing gear components and actuation systems.
Market Cap: Approximately USD 1.7 billion.
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4. Collins Aerospace (U.S.)
About: A Raytheon Technologies subsidiary, Collins Aerospace is a major aerospace systems supplier.
Products: Complete landing gear systems, brakes, and actuation mechanisms.
Market Cap: Parent company RTX Corp valued at USD 145+ billion.
5. SPP Canada Aircraft Inc. (Canada)
About: Specializes in design, manufacturing, and servicing of aircraft landing gear systems.
Products: Nose and main landing gear for regional and business jets.
Market Cap: Privately held.
6. Triumph Group Inc. (U.S.)
About: Provides aerospace systems, structures, and components for commercial and military aircraft.
Products: Landing gear actuation systems and assemblies.
Market Cap: Approximately USD 650 million.
7. Hawker Pacific Aerospace (U.S.)
About: Focuses on landing gear overhaul and maintenance services.
Products: Repair and overhaul solutions for Boeing, Airbus, and regional jet landing gear.
Market Cap: Subsidiary of Lufthansa Technik (private).
8. Héroux-Devtek Inc. (Canada)
About: A global leader in the design and manufacture of landing gear systems and components.
Products: OEM and aftermarket landing gear systems.
Market Cap: Approximately USD 500 million.
9. GKN Aerospace (U.K.)
About: One of the world’s largest suppliers of aircraft and engine components.
Products: Landing gear structures, wheels, and braking systems.
Market Cap: Part of Melrose Industries plc, valued at USD 7+ billion.
10. Magellan Aerospace Corporation (Canada)
About: Provides complex assemblies and components for aerospace markets.
Products: Landing gear assemblies and precision-machined parts.
Market Cap: Approximately USD 620 million.
11. Safran SA (France)
About: A global leader in aerospace propulsion and equipment manufacturing.
Products: Complete landing gear systems, wheels, and brakes.
Market Cap: Approximately USD 80+ billion.
12. Liebherr Group AG (Germany)
About: A diversified industrial group with a strong aerospace division.
Products: Advanced landing gear systems and components for commercial and military aircraft.
Market Cap: Privately held.
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Frequently Asked Questions (FAQs)
1. What is the growth rate of the aircraft landing gear market?
The market is expected to grow at a CAGR of 7% from 2025 to 2034.
2. Which region dominates the aircraft landing gear market?
North America currently holds the largest market share.
3. What are the key drivers of market growth?
Increasing demand for commercial flights, fleet modernization, and technological advancements in landing gear systems.
4. Who are the leading companies in the market?
Major players include Collins Aerospace, Safran SA, Héroux-Devtek, Liebherr Group, and AAR Corporation.
5. Which segment is expected to grow the fastest?
The nose landing gear segment is projected to grow at the highest CAGR.
Source : https://www.towardsautomotive.com/insights/aircraft-landing-gear-market-sizing
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