According to a recent research report titled ” Aircraft Gearbox Market (By Application: Engine, Airframe; By Component: Gear, Housing, Bearing, Others; By End Use: Commercial Aircraft, Military Aircraft, Helicopters; By Sales Channel: OEM, Aftermarket) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032″ published by Precedence Research, the global aircraft gearbox market size is projected to touch around USD 6.03 billion by 2032 and growing at a CAGR of 6.6% over the forecast period 2023 to 2032. This comprehensive study examines various factors and their impact on the growth of the aircraft gearbox market.
Key Takeaways
- North America contributed more than 44% of revenue share in 2022.
- The Asia-Pacific region is estimated to expand the fastest CAGR between 2023 and 2032.
- By Application, the engine segment has held the largest market share of 65% in 2022.
- By Application, the airframe segment is anticipated to grow at a remarkable CAGR of 6.9% between 2023 and 2032.
- By Component, the gear segment generated over 45% of revenue share in 2022.
- By Component, the bearing segment is expected to expand at the fastest CAGR over the projected period.
- By End Use, the commercial aircraft segment generated over 40% of revenue share in 2022.
- By End Use, the helicopters segment is expected to expand at the fastest CAGR over the projected period.
- By Sales Channel, the OEM segment generated over 63% of revenue share in 2022.
- By Sales Channel, the aftermarket segment is expected to expand at the fastest CAGR over the projected period.
The report primarily focuses on the volume and value of the aircraft gearbox market at the global, regional, and company levels. At the global level, the report analyzes historical data and future prospects to present an overview of the overall market size. Regionally, the study emphasizes key regions such as North America, Europe, the Middle East & Africa, Latin America, and others.
Furthermore, the research report provides specific segmentations based on regions (countries), companies, and all market segments. This analysis offers insights into the growth and revenue trends during the historical period of 2017 to 2032, as well as the projected period. By understanding these segments, it becomes possible to identify the significance of different factors that contribute to market growth.
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The research also highlights significant progressions in both organic and inorganic growth strategies within the global aircraft gearbox market. Numerous companies are placing emphasis on new product launches, gaining product approvals, and implementing various business expansion tactics. Moreover, the report presents detailed profiles of firms operating in the aircraft gearbox market, along with their respective market strategies. Additionally, the study concentrates on prominent industry participants, furnishing details such as company profiles, product offerings, financial updates, and noteworthy advancements.
Aircraft Gearbox Market Scope
| Report Coverage | Details |
| Growth Rate from 2023 to 2032 | CAGR of 6.6% |
| Market Size in 2023 | USD 3.4 Billion |
| Market Size by 2032 | USD 6.03 Billion |
| Largest Market | North America |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Application, By Component, By End Use, and By Sales Channel |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
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Major Key Points Covered in Report:
Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.
Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
Market Key Players
The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the aircraft gearbox market.
Aircraft Gearbox Market Players
- United Technologies Corporation
- Safran S.A.
- GE Aviation
- Honeywell International Inc.
- Rolls-Royce Holdings PLC
- Northrop Grumman Corporation
- Parker Hannifin Corporation
- Woodward, Inc.
- Liebherr Group
- SKF Group
- Moog Inc.
- Curtiss-Wright Corporation
- Aero Gear, Inc.
- ZF Friedrichshafen AG
- AMETEK Inc.
Market Segmentations
By Application
- Engine
- Airframe
By Component
- Gear
- Housing
- Bearing
- Others
By End Use
- Commercial Aircraft
- Military Aircraft
- Helicopters
By Sales Channel
- OEM
- Aftermarket
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Table of Contents:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Aircraft Gearbox Market
5.1. COVID-19 Landscape: Aircraft Gearbox Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Aircraft Gearbox Market, By Application
8.1. Aircraft Gearbox Market Revenue and Volume Forecast, by Application, 2023-2032
8.1.1. Engine
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Airframe
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Aircraft Gearbox Market, By Component
9.1. Aircraft Gearbox Market Revenue and Volume Forecast, by Component, 2023-2032
9.1.1. Gear
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Housing
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Bearing
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
9.1.4. Others
9.1.4.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Aircraft Gearbox Market, By End Use
10.1. Aircraft Gearbox Market Revenue and Volume Forecast, by End Use, 2023-2032
10.1.1. Commercial Aircraft
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Military Aircraft
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
10.1.3. Helicopters
10.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Aircraft Gearbox Market, By Sales Channel
11.1. Aircraft Gearbox Market Revenue and Volume Forecast, by Sales Channel, 2023-2032
11.1.1. OEM
11.1.1.1. Market Revenue and Volume Forecast (2020-2032)
11.1.2. Aftermarket
11.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 12. Global Aircraft Gearbox Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.1.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.1.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.1.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.1.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.1.5.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.1.5.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.1.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.1.6.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.1.6.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.2. Europe
12.2.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.2.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.5.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.2.5.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.6.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.2.6.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.2.7. France
12.2.7.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.7.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.7.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.2.7.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.8.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.8.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.2.8.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.3. APAC
12.3.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.3.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.3.5. India
12.3.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.5.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.3.5.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.3.6. China
12.3.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.6.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.3.6.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.7.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.7.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.3.7.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.8.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.8.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.3.8.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.4. MEA
12.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.4.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.5.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.4.5.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.6.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.4.6.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.7.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.7.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.4.7.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.8.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.8.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.4.8.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.5. Latin America
12.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.5.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.5.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.5.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.5.5.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.5.5.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)
12.5.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.5.6.3. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.5.6.4. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
Chapter 13. Company Profiles
13.1. United Technologies Corporation
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Safran S.A.
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. GE Aviation
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Honeywell International Inc.
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Rolls-Royce Holdings PLC
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Northrop Grumman Corporation
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Parker Hannifin Corporation
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Woodward, Inc.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Liebherr Group
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. SKF Group
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Why should you invest in this report?
This report presents a compelling investment opportunity for those interested in the global aircraft gearbox market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for aircraft gearbox. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2023-2030. Armed with this knowledge, you can strategically plan your market entry approaches.
Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.
Some of the key questions answered in this report:
- What is the size of the overall Aircraft gearbox market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities and challenges of the Aircraft gearbox market and how they are expected to impact the market?
- What are the attractive investment opportunities within the Aircraft gearbox market?
- What is the Aircraft gearbox market size at the regional and country-level?
- Who are the key market players and their key competitors?
- What are the strategies for growth adopted by the key players in Aircraft gearbox market?
- What are the recent trends in Aircraft gearbox market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Aircraft gearbox market growth?
- What are the key market trends impacting the growth of Aircraft gearbox market?
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