Commercial Aircraft Landing Gear Market to Hit USD 5.97 Billion by 2030, Driven by Fleet Expansion and Next-Gen Aircraft Demand



The Commercial Aircraft Landing Gear Market is projected to grow from USD 3.50 billion in 2025 to USD 5.97 billion by 2030, registering a CAGR of 11.31% during the forecast period (2025-2030), according to Mordor Intelligence. The rapid expansion of airline fleets and the growing demand for new-generation airliners are key drivers behind this market growth. The civil aviation sector is poised for significant expansion as economic conditions improve globally and passenger traffic continues to rise.

Across both developed and emerging markets, airlines are replacing older, less fuel-efficient aircraft with new models. Low-cost carriers (LCCs), particularly in markets like the US and Germany, are leading this transition by modernizing fleets with newer single-aisle aircraft. Emerging markets are also expected to see heightened demand for replacement airliners, further boosting the need for commercial aircraft landing gear.

However, the industry faces headwinds, including rising energy costs, expensive raw materials, and currency inflation, which could slow future growth.

Market Trends Shaping Demand

Main Landing Gear Dominates Revenue Share

·       Main landing gear systems bear the brunt of an aircraft's weight during landings, resulting in higher engineering complexity and cost.

·       This segment commands higher revenues due to the number of parts and the extensive MRO (maintenance, repair, and operations) required.

·       Widebody and freighter aircraft generate significant revenue for this segment, requiring robust landing gear systems to support greater aircraft weight.

·       Example: In 2022, Revima Asia Pacific secured a 2-year landing gear overhaul agreement with Luxair for B737 NG aircraft.

·       Increased air travel and route expansion continue to fuel demand for new landing gear systems.

Asia-Pacific Leading Market Growth

·       Asia-Pacific is expected to register the highest CAGR in the market.

·       Major drivers include rising aviation investments in India and China and rapid increases in passenger traffic.

o   IATA data shows that Asia-Pacific airlines posted a 126.1% rise in international traffic in 2023 versus 2022.

·       Key contracts and fleet expansions signal growing opportunities:

o   In 2022, Triumph Group extended its Airbus repair services in Thailand.

o   China Aviation Supplies signed a USD 17 billion bulk purchase agreement for 140 Airbus jets.

o   Chinese airlines ordered 292 Airbus A320 family aircraft in July 2022, further fueling landing gear demand.

Industry Landscape: Consolidation and Innovation

The commercial aircraft landing gear market is highly consolidated, dominated by a few major players:

·       Safran SA

·       Raytheon Technologies Corporation

·       Honeywell International Inc.

·       AAR CORP.

·       Parker Meggitt (Parker-Hannifin Corporation)

Notably, Parker Aerospace acquired Meggitt PLC for USD 7.8 billion in 2022, highlighting the trend toward industry consolidation.

Meanwhile, key players are heavily investing in R&D focused on:

·       Lightweight landing gear to boost aircraft fuel efficiency.

·       Noise-reduction devices for quieter operations.

·       Electric landing gear systems aimed at lowering aircraft carbon emissions.

·       Collaborative projects, such as Japan’s FQUROH initiative with JAXA and Mitsubishi, are further pushing the boundaries of noise and environmental performance.

Conclusion

The global commercial aircraft landing gear industry is poised for strong growth through 2030, driven by increasing fleet modernization, booming Asia-Pacific demand, and sustained investment in advanced landing gear technologies. As airlines strive for greater efficiency and sustainability, manufacturers will play a key role in supplying innovative, lightweight, and environmentally-friendly solutions.

Other Related Report:



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North america 2-wheeler replacement tire market

North America used car financing market

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