Commercial Aircraft Landing Gear Market (By Gear Position: Main Landing, Nose Landing; By Component; By Aircraft Type; By Arrangement Type: Tricycle, Tandem, Tailwheel) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2024-2033

The global commercial aircraft landing gear market size was estimated at around USD 2.56 billion in 2023 and it is projected to hit around USD 5.31 billion by 2033, growing at a CAGR of 7.57% from 2024 to 2033. The commercial aircraft landing gear market in the United States was accounted for USD 704.7 million in 2023.

Key Pointers

• North America dominated the market with the largest revenue share of 32% in 2023.
• The Asia Pacific is expected to grow at the fastest CAGR of 9.27% from 2024 to 2033.
• By Gear Position, the main landing gear held the largest market share of 66% in 2023.
• By Gear Position, the nose landing gear segment is projected to register the fastest CAGR of 9.15% from 2024 to 2033.
• By Component, the landing gear steering system segment dominated the market with the highest revenue share of 42% in 2023.
• By Component, the actuation system segment is expected to grow at a significant CAGR of 8.83% over the forecast period.
• By Aircraft Type, the wide-body segment is expected to witness significant growth of CAGR 8.03% over the forecast period.
• By Arrangement, the tricycle segment dominated the market with the highest revenue share of 67% in 2023.
• By Arrangement, the tandem segment is expected to witness significant growth of CAGR 8.87% over the forecast period.

Commercial Aircraft Landing Gear Market Overview

The commercial aircraft landing gear market is a critical component of the aviation industry, playing a central role in ensuring the safety, reliability, and performance of aircraft during various phases of flight. This market encompasses the design, manufacturing, and maintenance of landing gear systems for a wide range of commercial aircraft, including narrow-body and wide-body airplanes.

Commercial Aircraft Landing Gear Market Growth

The growth of the commercial aircraft landing gear market is underpinned by several key factors. A primary driver is the escalating global demand for air travel, characterized by a steady increase in passenger numbers and the continual expansion of airline fleets. This surge in air travel necessitates advanced and efficient landing gear solutions to ensure the safety and reliability of flight operations. Additionally, the industry's heightened focus on environmental sustainability and fuel efficiency has spurred innovations in landing gear technologies, aligning with the broader initiative to reduce carbon emissions. Furthermore, ongoing advancements in materials, sensors, and manufacturing processes contribute to the evolution of smarter landing gear systems, enhancing real-time monitoring capabilities and enabling predictive maintenance. The stringent safety regulations imposed by aviation authorities worldwide also play a crucial role, compelling manufacturers and operators to continually improve landing gear design and manufacturing practices.

Report Scope of the Commercial Aircraft Landing Gear Market

Commercial Aircraft Landing Gear Market Dynamics

Drivers

Global Surge in Air Travel:

• The continuous growth of air travel on a global scale, fueled by increasing passenger demand and expanding airline fleets, is a primary driver for the commercial aircraft landing gear market.
• Airlines seek advanced landing gear solutions to accommodate the rising frequency of flights and ensure the safety and efficiency of air travel operations.

Emphasis on Fuel Efficiency:

• Heightened awareness of environmental sustainability and the need for fuel efficiency has prompted aircraft manufacturers and operators to invest in landing gear technologies that contribute to reduced fuel consumption.
• Ongoing innovations in materials and design aim to enhance overall fuel efficiency, aligning with industry-wide efforts to reduce carbon emissions.

Restraints

Cost Sensitivity in the Aviation Industry:

• The aviation sector is inherently cost-sensitive, posing a significant restraint on the commercial aircraft landing gear market.
• Striking a balance between the imperative for advanced landing gear technologies and the need to control costs presents a challenge for manufacturers and operators alike.

Complex Certification Processes:

• Introducing new landing gear systems involves navigating complex certification processes, which can be time-consuming and resource-intensive.
• Manufacturers face challenges in meeting stringent regulatory requirements and obtaining necessary approvals for the introduction of innovative landing gear technologies.

Opportunities

Global Market Expansion:

• The expanding global aviation market presents significant growth opportunities for the commercial aircraft landing gear sector.
• Emerging economies, in particular, are witnessing increased air travel demand, creating a fertile ground for market expansion and new business prospects.

Aftermarket Services Growth:

• The aftermarket for landing gear maintenance, repair, and overhaul (MRO) services represents a substantial opportunity.
• As the global aircraft fleet ages, the demand for efficient MRO services for landing gear components is on the rise, providing a steady stream of business opportunities for service providers.

Gear Position Insights

The gear position segment is categorized into main and nose landing gear. The main landing gear held the largest market share of 66% in 2023. Main landing gears are estimated to dominate the market over the next eight years as they constitute one of the primary requirements for aircraft. The main landing gear bears most of the aircraft's weight during landing and takeoff. It is responsible for absorbing the impact forces and providing stability to the aircraft. The main gear typically consists of larger and more robust components than the nose gear, allowing it to handle higher loads and withstand the stress associated with landing. This load-bearing component is crucial for ensuring the safe operation of commercial aircraft, making the main landing gear a critical component.

The nose landing gear segment is projected to register the fastest CAGR of 9.15% over the forecast period. Advances in aircraft technology have led to the development of more efficient and capable aircraft models. These advancements often include improvements in landing gear systems, including the nose landing gear. Upgraded nose landing gears offer enhanced reliability, durability, and performance, which can improve overall aircraft safety and efficiency.

Component Insights

The landing gear steering system segment dominated the market with the highest revenue share of 42% in 2023. The dominance in the landing gear market is determined by load-bearing components, structural design, complexity, and overall performance rather than the steering system alone. The main landing gear, with its weight distribution, load-bearing component, and structural design, remains the primary factor in the market.

On the other hand, the actuation system segment is expected to grow at a significant CAGR of 8.83% over the forecast period. Actuation systems play a crucial role in the performance and safety of commercial aircraft landing gear. These systems are responsible for deploying and retracting the landing gear and providing stability and control during landing and takeoff. Advanced actuation systems offer improved reliability, precision, and responsiveness, which are highly valued in the aviation industry. The focus on safety and performance makes actuation systems a key component in commercial aircraft landing gear, leading to their dominance in the market.

Aircraft Type Insights

The aircraft type segment is divided into narrow-body, wide-body, regional jet, and others. The narrow-body segment dominated the market with the highest revenue share of 59.7% in 2023. Narrow-body is expected to emerge as the leading segment over the forecast period. Rising passenger traffic in Low-Cost Carriers (LCCs) and a growing number of high-density flights between major airports are expected to drive the demand for such aircraft.

The wide-body segment is expected to witness significant growth of CAGR 8.03% over the forecast period. Wide-body aircraft are designed to be more fuel-efficient, allowing airlines to operate long-haul flights with lower fuel consumption per passenger. They often incorporate advanced technologies, such as improved aerodynamics, lighter materials, and more efficient engines. By reducing fuel consumption and emissions, wide-body aircraft help airlines meet environmental regulations and reduce operating costs. The demand for these fuel-efficient wide-body aircraft leads to the expansion of the commercial aircraft landing gear market as manufacturers develop landing gear systems that can handle the unique requirements of these larger and more efficient aircraft.

Arrangement Type Insights

The tricycle segment dominated the market with the highest revenue share of 67% in 2023. The tricycle is the most widely used arrangement type globally, providing better visibility from the flight deck during ground maneuvering. Such an arrangement provides a safe distance between the other aircraft's components, such as fuselage and wings, when the airplane is on the ground.

The tandem segment is expected to witness significant growth of CAGR 8.87% over the forecast period. The tandem segment is poised to witness the highest growth over the forecast period as it allows for flexible wings with gears under the fuselage. The tail and main gears are aligned on the airplane's longitudinal axis in such an arrangement.

Regional Insights

North America dominated the market with the largest revenue share of 32% in 2023. North America boasts a significant number of airlines and aircraft fleet operators. Major carriers, including American Airlines, United Airlines, Delta Air Lines, and Southwest Airlines, are headquartered in the region. These airlines operate extensive domestic and international networks, requiring many aircraft and corresponding landing gear systems.

The Asia Pacific is expected to grow at the fastest CAGR of 9.27% during the forecast period. Asia Pacific is presumed to emerge as the dominant region over the forecast period due to the growing demand for commercial aircraft across developing countries, such as Japan and India. The demand for commercial aviation is increasing due to the growing income levels of middle-class society, making flying more affordable. The region is expected to achieve unprecedented long-term growth in commercial aviation.

Key Companies

• AAR
• Advantage Aviation Technologies
• CIRCOR AEROSPACE PRODUCTS GROUP
• Eaton
• Héroux-Devtek
• Honeywell International Inc.
• Magellan Aerospace Corporation
• Liebherr
• MAG Inc.
• Sumitomo Precision Products Co., Ltd. (SPP)
• Safran Landing Systems
• UTC Aerospace Systems (United Technologies Corporation (UTC))
• Triumph Group
• Whippany Actuation Systems

Commercial Aircraft Landing Gear Market Report Segmentations:

By Gear Position

• Main Landing Gear
• Nose Landing Gear

By Component

• Landing Gear Steering System
• Wheel & Brake System
• Actuation System
• Others

By Aircraft Type

• Narrow-Body
• Wide-Body
• Regional Jet
• Others

By Arrangement

• Tricycle
• Tandem
• Tailwheel

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa