Aircraft Gearbox Market: Summary
The global Aircraft Gearbox market is estimated to reach USD 4.9 Billion in 2024 at a CAGR of 4.2%. Increase demand of new aircrafts and increase in demand for lightweight aircraft Components is expected to drive the aircraft gearbox market during the forecast period. However, Engine limitations at high altitudes is expected to restrain the market during the forecast period. Increased investments in research and development of open rotor engine configuration, investments in the area of geared turbofan engine is growing and demand in fuel efficient and more environmentally friendly vehicles is expected to become an opportunity for aircraft gearbox market.
Gearbox is a part of transmission system placed along with shafts for changing rotational speed. In aircraft transmissions, gearbox is use for reducing or inceasing the speed from one point to another. Gearbox is frequently used for military aircrafts, commercial aircrafts, helicopters, and business & general aviation among others. Some key players in aircraft gearbox are Safran, Liebherr Group, United Technologies, Rexnord Corporation, and Triumph Group among others.
Aircraft Gearbox Market: Report Synopsis
This market research report offers a comprehensive analysis of key market trends in the global aircraft gearbox market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. Based on type, the aircraft gearbox market can be segmented into accessory gearbox, reduction gearbox, actuation gearbox, tail motor gearbox, auxiliary power unit (APU) gearbox and others. The segmentation by Application includes engine and airframe. The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, and the Middle East & Africa , with individual country-level analysis.
Aircraft Gearbox Market: Report Scope
The report on the aircraft gearbox market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2019-2024 (2019 estimated year, forecasted up to 2024)
Value (USD Million) Volume (Units)
Type, Application, End User and Region
Asia-Pacific, North America, Europe, Middle East & Africa, South America
- Safran (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- Liebherr Group
- United Technologies
- Rexnord Corporation
- Triumph Group
- PBS Group, a. s.
- CEF Industries, LLC.
- AERO GEAR
- Northstar Aerospace
- AERO GEARBOX INTERNATIONAL
- Other Key Companies
AIRCRAFT GEARBOX Market: Report Segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
Aircraft Gearbox Market by Type
- Accessory Gearbox
- Reduction Gearbox
- Actuation Gearbox
- Tail Motor Gearbox
- Auxiliary Power Unit (APU) Gearbox
Aircraft Gearbox Market, by Application
Aircraft Gearbox Market by Region
- South Korea
- Rest of Asia-Pacific
- North America
- Rest of Europe
- Middle East
- Saudi Arabia
- Rest of Middle East
- South America
- Rest of South America
Key Questions answered by the report
- What are the major developments impacting the aircraft gearbox market and its growth?
- What will be the effects of the developments in the aircraft gearbox market on the industry and on the market players in the near and far future?
- What are the evolving types of the aircraft gearbox market?
- What are the evolving applications of aircraft gearbox market?
- What are the major characteristics that will affect the aircraft gearbox market growth during the study period?
- Who are the key players operating in the aircraft gearbox market?
- How are the major players leveraging in the existing market conditions?
- Aircraft Gearbox Market Providers
- Aircraft Gearbox Market Solution and Services Suppliers, Distributors and Dealers
- End-Users of Varied Segments of Aircraft Gearbox Market
- Government Bodies and Intellectual Institutions
- Associations and Industrial Organizations
- Research & Consulting Service Providers
- Research & Development Organizations
- Investment Banks & Private Equity Firms
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE AIRCRAFT GEARBOX MARKET STUDY
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
2 RESEARCH DESIGN & SCOPE
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.2.1. Increase Demand of New Aircrafts
4.2.2. Increase in Demand for Lightweight Aircraft Components
4.3.1 Engine limitations at high altitudes
4.4.1 Increased investments in R&D of Open Rotor Engine Configuration
4.4.2 Investments in The Area of Geared Turbofan Engine
4.4.3 Demand for Fuel Efficient and More Environmentally Friendly Vehicles
4.5.1 High R&D Cost
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 AIRCRAFT GEARBOX MARKET BY TYPE, Market Size in USD Million and Units (2017—2024)
6.2 Accessory Gearbox
6.3 Reduction Gearbox
6.4 Actuation Gearbox
6.5 Tail Motor Gearbox
6.6 Auxiliary Power Unit (APU) Gearbox
7 AIRCRAFT GEARBOX MARKET BY APPLICATION, Market Size in USD Million and Units (2017—2024)
8 AIRCRAFT GEARBOX MARKET BY END USER INDUSTRY, Market Size in USD Million and Units (2017—2024)
8.2 Military Aircraft
8.3 Commercial Aircraft
8.5 Business & General Aviation
9 AIRCRAFT GEARBOX MARKET BY REGION, Market Size in USD Million and Units (2017—2024)
9.1 North America
8.2.7. Rest of Europe
8.3.4. South Korea
8.3.6. Rest of Asia-Pacific
9.4 Middle East
8.4.1. Saudi Arabia
8.4.3. Rest of Middle East
9.5 South America
8.5.3. Rest of South America
10 COMPETITIVE LANDSCAPE
10.2 Market Ranking/Share Analysis of Key Companies
10.3 Company Benchmarking
11 COMPANY PROFILES
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Products/Solutions/Services Offered
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.2 Liebherr Group
11.3 United Technologies
11.4 Rexnord Corporation
11.5 Triumph Group
11.6 PBS Group, a. s.
11.7 CEF Industries, LLC.
11.8 AERO GEAR
11.9 Northstar Aerospace
11.10 AERO GEARBOX INTERNATIONAL
12.1 Key Industry Expert Insights
12.2 Primary Discussion Guide
12.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY