May 21, 2024

Aircraft Gearbox Market Size to Garner USD 6.03 Billion by 2032

The global aircraft gearbox market size was estimated to be around US$ 3.2 billion in 2022. It is projected to reach US$ 6.03 billion by 2032, indicating a CAGR of 6.6% from 2023 to 2032.

Aircraft Gearbox Market Size 2023 To 2032

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 market research report on the Aircraft gearbox market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Aircraft gearbox products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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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

Read More: Aesthetic Devices Market Size to Garner USD 24.11 Billion by 2032

The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global Aircraft gearbox market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Aircraft gearbox market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Aircraft gearbox products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the Aircraft gearbox market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on Aircraft gearbox market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Aircraft gearbox market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

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 CONTENT

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

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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