
The Global Aircraft Gearbox Market size is projected to grow at a CAGR of around 5.5% during the forecast period, i.e., 2022-27. According to MarkNtel Advisors Study.
Global Aircraft Gearbox Market Driver:
Increasing Investments in Developing Lightweight Aircraft Components: Substantial investments by OEMs in the research & development of lightweight gearboxes are being witnessed extensively across the prominent geographies of the Global Aircraft Gearbox Market to reduce the overall weight of the aircraft & make it more fuel-efficient. This fact is projected to generate lucrative growth opportunities for the leading players in the industry and, in turn, drive the market in the years to come.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Aircraft Gearbox Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2021
-Historical Period: 2017 to 2020
-Forecast Period: 2022 to 2027
- By Gearbox Type
- Accessory Gearbox
- Reduction Gearbox
- Actuation Gearbox
- Tail Rotor Gearbox
- Auxiliary Power Unit Gearbox
- Others
- By Aircraft Type
- Civil
- Commercial
- General Aviation
- Military
- Fighter Jets
- Military Helicopters
- Transport Carriers
- Civil
- By End-User
- Aftermarket
- OEM
- By Application
- Turbofan
- Turboshaft
- Turboprop
- Piston Engine
- Turbofan
- By Component
- Gear
- Housing
- Bearings
- Others
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Safran, Liebherr, United Technologies Corporation, Rexnord Aerospace, Triumph Group, PBS Velka Bites, CEF Industries, Aero Gear, Avion, Northstar Aerospace are looking forward to strengthening their market positions.
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