MARKET INTRODUCTION

Mechanical power transmission is the transfer of energy from where it is generated to the place where it is used for the operation of simple machines, couplings and mechanical power transmission elements. The aircraft mechanical power transmission system is a mechanism that transmits the power developed by the engine to the aircraft's accessories and equipment. This system includes an Accessory Drive Train (ADT), which includes an accessory gearbox, a transmission gearbox, an internal gearbox, a radial and horizontal shaft, and a Power Gearbox, which includes a main transmission gearbox and a reduction gearbox. The aerospace industry is one of the most critical end-user segments of the mechanical transmission system. The general trend in the aerospace industry is to have more technologically capable and lightweight systems to improve aircraft fuel efficiency. Based on type, market is segmented into the accessory drive train and power gearbox. The continuous advancement of mechanical power transmission system at a rapid pace in the aerospace industry is expected to drive the market

MARKET DYNAMICS

The growing aircraft deliveries due to rise in the number of air passengers is driving the global aircraft mechanical power transmission system market during forecast period. The market for aircraft mechanical power transmission systems is also driven by factors such as increasing demand for Pure-Power Geared Turbofan (GTF) engines, increasing aircraft fleet size, technological advancements in gearboxes and the introduction of lightweight gearboxes. In addition, other factor such as excellent organic growth of both civil and military aviation coupled with ongoing advancements in technologies, necessitating the importance of equipment make it another important factor expected to boost the global aircraft mechanical power transmission system market. However, high initial and maintenance cost may restrain the growth of the aircraft mechanical power transmission system market. Further, integration of artificial intelligence and automation is anticipated to create market opportunities for the aircraft mechanical power transmission system market during the forecast period.

MARKET SCOPE

The "Global Aircraft Mechanical Power Transmission System Market Analysis to 2028" is a specialized and in-depth study of the aircraft mechanical power transmission system market with a special focus on the global market trend analysis. The report aims to provide an overview of aircraft mechanical power transmission system market with detailed market segmentation by type, engine type, aircraft type, and geography. The global aircraft mechanical power transmission system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aircraft mechanical power transmission system market players and offers key trends and opportunities in the aircraft mechanical power transmission system market.

MARKET SEGMENTATION

The global aircraft mechanical power transmission system market is segmented on the basis of type, engine type, and aircraft type. On the basis of type, market is segmented into the accessory drive train and power gearbox. Similarly, based on engine type, market is segmented into the turbofan, turboshaft, turboprop, piston, and turbojet. Further, based on aircraft type, market is segmented into the commercial aircraft, military aircraft, helicopter, and UAV.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global aircraft mechanical power transmission system market based on various segments. It also provides market size and forecast estimates from 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 mechanical power transmission system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting aircraft mechanical power transmission system market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the aircraft mechanical power transmission system market in these regions.

MARKET PLAYERS

The reports cover key developments in the aircraft mechanical power transmission system 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 way for expansion of business and customer base of market players. The market players from aircraft mechanical power transmission system market are anticipated to lucrative growth opportunities in the future with the rising demand for aircraft variometer. Below mentioned is the list of few companies engaged in the aircraft mechanical power transmission system market.

The report also includes the profiles of key aircraft mechanical power transmission system market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- AB SKF
- BMT Group
- Canadian Bearings Ltd.
- Collins Aerospace, a Raytheon Technologies Corporation Company
- GE AVIO S.r.l.
- Kawasaki Heavy Industries, Ltd.
- Liebherr-International Deutschland GmbH
- SAFRAN
- THE TIMKEN COMPANY
- Triumph Group, Inc.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.