A gearbox delivers controlled application of the power. The gearbox is used to change the torque and speed of vehicle consistent with a variety of load and road conditions. An aircraft gearbox reduces the engine output speed before turning the propeller. Aircraft gearboxes offer efficient solutions for airframe and engine applications.
MARKET DYNAMICS
An aircraft gearbox witness a substantial growth due to increasing air passenger travel across all regions. This factor is expected to drive the global aircraft gearbox market during the forecast period. Nevertheless, the growing cost of equipment is a crucial parameter which is capable of hindering the growth of the global aircraft gearbox market. Furthermore, an increase in research and development investments for emerging advanced gearboxes are creating growth opportunities for the global aircraft gearbox market.
MARKET SCOPE
The "Global Aircraft Gear Box Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the global aircraft gear box market with detailed market segmentation by fit type, gearbox type, end-user, and geography. The global aircraft gear box market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aircraft gear box market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global aircraft gear box market is segmented on the fit type, gearbox type, and end-user. On the basis of fit type, the aircraft gear box market is segmented into line-fit and retro-fit. On the basis of gearbox type, the aircraft gear box market is segmented into accessory gearbox, reduction gearbox, actuation gearbox, auxiliary power unit gearbox, and others. On the basis of end-user, the aircraft gear box market is segmented into commercial aircraft and military aircraft.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global aircraft gear box market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The aircraft gear box market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the aircraft gear box market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces Analysis on a global scenario.
MARKET PLAYERS
The reports cover key developments in the aircraft gear box market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from aircraft gear box market are anticipated to lucrative growth opportunities in the future with the rising demand for aerospace bearings in the global market. Below mentioned is the list of few companies engaged in the aircraft gear box market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the aircraft gear box market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- CEF industries
- Collins Aerospace
- GE Aviation
- Liebherr Group
- North star aerospace
- Safran
- SKF
- The Boeing group
- The Timken Company
- Triumph Group