Global Landing Gear Market Worth $ 12.3 Billion by 2021

Date: 2018-05-07

Landing gear is the undercarriage of an aircraft or spacecraft and may be used for either takeoff or landing. Landing Gear includes Beam frame landing gear, Truss type landing gear and Hybrid landing gear on the base of classification, which represent 59.8%, 24.7% and 10.7% of global Landing Gear market. 

Civil Aviation and Military Aviation are the main application of Landing Gear product and North American is the largest Landing Gear market on production and consumption.

Global Landing Gear market is projected to reach $ 12.3 Billion by 2021, with a GAGR of 4.9% from 2017, and Asia will have a big dynamic momentum on the market growth. The major players in the global Landing Gear market are SPP, AVIC, Héroux-Devtek, Circor, UTC, Magellan Aerospace, Triumph Group, Safran S.A., Liebherr etc.

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520


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