Europe Helicopter Landing Gear Market Growth and Forecast by 2028

The helicopter landing gear market in Europe is expected to grow from US$ 1,137.03 million in 2021 to US$ 1,537.07 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028.

France, Germany, Italy, UK, and Russia are major economies in Europe. Composites being used extensively for manufacturing helicopter landing gear systems is the major factor driving the growth of the Europe helicopter landing gear market. Composites are heavily utilized for structural components for helicopters due to their stiffness and superior specific strength properties compared to steel and aluminum. Also, the weight savings which are realized by putting composites is one of the drivers influencing use of composites. The first ever composite landing gear component was designed at NLR was a torque link for NH-90 helicopter’s main landing gear. In the landing gear applications, torque link is utilized to prevent landing gear from wobbling at the course of landing operations. In a framework of different technology programs, the Structures Technology Department as a part of the Aerospace Vehicles division of NLR has designed numerous composite landing gear components for fighter aircraft and large military helicopters. The landing gear programs are carried out with SP aerospace- landing gear manufacturer. Moreover, companies’ presence in the helicopter landing gear is another factor creating substantial growth opportunities for composites. Eurocarbon B.V. is another company using composites for building landing gears for helicopters. In addition to this, contracts in respect to delivering composites made landing gear is further fuelling the market growth. For instance, In 2021, huge delivery of composite main landing gear by GYRO-TECH for Dynali H3 helicopters. Thus, presence of companies and contracts signed for delivering helicopter landing gear is creating a positive impact in the growth of Europe helicopter landing gear market.    

The COVID-19 pandemic in Europe has had a diverse impact on various nations, since only a few nations have seen an increase in the number of cases, resulting in stringent, long-term lockdown periods or social isolation standards. Because of their excellent healthcare systems, Western European nations such as Germany, France, Russia, and the United Kingdom have witnessed a comparably slight decline in their growth activities. These countries' governments have made major investments to improve the efficiency and effectiveness of illness diagnosis and treatment. According to the Centre for Strategic and International Studies, military expenditures in European nations is projected to fall because of COVID-19's worldwide financial crisis, resulting in fewer new military helicopters being adopted, affecting the helicopter landing gear industry. According to CSIS, France, the UK, and Germany pay for a substantial portion of Europe's overall military budget, and these countries are likely to bring down their military budget allocations in 2021 due to macroeconomic situations. For instance, Germany has proposed a cut in defense spending from US$ 20.3 billion in 2020 to US$ 18.7 billion in 2024, which is likely to stymie military modernization and other armament programs. As a result, the helicopter landing gear market in Europe is likely to struggle in the coming years.      

 

Europe Helicopter Landing Gear Market Segmentation

Europe Helicopter Landing Gear Market – By Type

• Skids
• Wheels

Europe Helicopter Landing Gear Market – By Material

• Aluminum Landing Gear Set
• Steel Landing Gear Set
• Composite Landing Gear Set
• Titanium Landing Gear Set

Europe Helicopter Landing Gear Market – By Application

• Civil Helicopter
• Military Helicopter

Europe Helicopter Landing Gear Market, by Country

• France
• Germany
• Italy
• UK
• Russia
• Rest of Europe    

Europe Helicopter Landing Gear Market - Companies Mentioned

• APPH
• CIRCOR AEROSPACE, INC.
• Dart Aerospace
• Eurocarbon B.V.
• LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH
• Safran
• ST ENGINEERING
• Technodinamika
• Trelleborg Group

Europe Helicopter Landing Gear Report Scope