The aircraft landing gear market was valued at US$ 12.31 billion in 2019 and is projected to reach US$ 17.37 billion by 2027. The Aircraft landing gear market is expected to grow at a CAGR of 4.4% during the forecast period of 2020 to 2027.
The global aircraft manufacturing and aftermarket industry is experiencing a substantial growth due to increasing demand of commercial and cargo aircraft worldwide. The rising disposable incomes in developing countries and increasing trend of e-commerce are some of the factors that are driving the demand of these aircraft. The inclining curve of air travel is constantly climbing across geographies, which is leading to the increased production of aircraft from manufacturers such as Airbus and Boeing. On a global scenario, commercial airplanes are anticipated to maintain a continuous growth over the coming years, regardless of various challenges faced by the commercial airlines such as uncertain fuel prices and other regulatory changes in various countries. In addition to this, the increasing investments in defense equipment across countries due to uncertain geo-political tensions are expected to drive the demand of military aircraft during the forecast period of 2019 to 2027. All these factors and trends are anticipated to fuel the demand for aircraft landing gear in various geographies and offer future growth opportunities for market players operating in the global aircraft landing gear market. Landing gear is one of the crucial subsystems of an aircraft that supports the entire weight of an aircraft during landing, take-off, and other ground operations. The type and design of a landing gear system depends on the aircraft type and its potential use. A typical landing gear system consists of various components such as brakes, controls, shock absorbers, retraction systems, and warning devices, among many others. This market study covers various types of aircraft landing gears such as tricycle, tandem, and tail wheel.
The market for aircraft landing gear has been segmented on the basis of aircraft type, gear arrangement, type, end-user, and geography. Based on aircraft type, the market has been segmented into airplanes and helicopters. Airplanes segment represented the largest share of the overall market throughout the forecast period, however helicopters segment is expected to be the fastest growing. Based on gear arrangement, the aircraft landing gear market has been segmented into tricycle, tandem, and tail wheel. In 2019, tricycle contributed a substantial share in the global aircraft landing gear market followed by tail wheel and tandem respectively. The market is further segmented on the basis of type into main and nose type; and on the basis of end-user into commercial and armed forces. During the forecast period, the growing demand from commercial aircraft manufacturers is expected to be drive the market for aircraft landing gears.
Lucrative Regions in Aircraft Landing Gear Market
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Aircraft Landing Gear Market Insights
Positive growth outlook of the global aviation industry is expected to boost the aircraft landing gear demand
Aviation industry is quite dynamic in nature as it adapts quickly with the ever-changing market forces and customer expectations. The macroeconomic trends across geographies shape the overall growth outlook of aviation industry. The three major macro factors that are affecting the growth of global aviation industry include rising demand of air travel, regulatory and infrastructure developments, and technological advancements in aircraft. According to Airbus’s Aviation Industry outlook- 2018 to 2037, the long term growth potential of global aviation industry is quite lucrative owing to the fact that the global air traffic has grown 2.3 times since the year 2000 and it is expected to get doubled in the coming fifteen years. Airbus’s forecast estimates that the air traffic will grow at a rate of 4.4% per annum in the next 20 years.
Aircraft Type -Based Market Insights
The global aircraft landing gear market is bifurcated on basis of aircraft type as helicopters and airplanes. Since the past decade, the global aviation sector is witnessing tremendous growth both in terms of volume and revenues. This has resulted in significantly increase in number of aircraft. In the current aviation scenario, the number of fixed wing aircraft or airplanes are much higher than rotary wing aircraft or helicopters. The procurement trend of fixed wing aircraft is anticipated to be exponential in the coming years, which is posing a potential opportunity for the landing gear developers operating worldwide.
Aircraft landing gear Market, by Aircraft Type - 2019 and 2027
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Gear Arrangement -Based Market Insights
In our study, the global aircraft landing gear market has been segmented on the basis of type into main landing and nose landing gear. A landing gear system is considered to be one of the most critical subsystems of an aircraft and therefore the design and development of it requires precarious and meticulous expertise. Owing to the high criticality and the sizeable influence on the aircraft structural configuration of this subsystem, landing gears are usually configured along with the aircraft structure.
Type -Based Market Insights
The global aircraft landing gear market has been segmented on the basis of gear arrangement into tail wheel, tandem, and tri-cycle. The landing gears of aircraft are used for supporting the entire weight of aircraft during the landing and ground-based operations. The type of gear to be used in an aircraft is determined by evaluation of aircraft design and the intended use of the aircraft. A majority of the landing gears are equipped with wheels for enabling operations on hard surfaces such as airport runways.
End-User -Based Market Insights
The global aircraft landing gear market based on end-user has been segmented into commercial and armed forces. The increasing count of aircraft fleet and rising middle class sensing capabilities are expected to increase the demand for new flights. The snowballing production of the aircrafts is expected to have a noteworthy impact on the aircraft landing gears market. Further, rise in the production of military aircrafts as a result of increase in the defense expenditures by Governments of various countries is also anticipated to have a positive impact on the aircraft landing gear market.
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Aircraft Landing Gear Market: Strategic Insights
Market Size Value in US$ 12.31 Billion in 2019 Market Size Value by US$ 17.37 Billion by 2027 Growth rate CAGR of 4.4% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Aircraft Landing Gear Market: Strategic Insights
| Market Size Value in | US$ 12.31 Billion in 2019 |
| Market Size Value by | US$ 17.37 Billion by 2027 |
| Growth rate | CAGR of 4.4% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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Players operating in the Aircraft landing gear market focus on strategies, such as market initiatives, acquisitions, and product launches, to maintain their positions in the aircraft landing gear market. A few developments by key players of the aircraft landing gear market are:
In September 2019, The Singaporean unit of the Safran Landing Systems has bagged a contract to renovate the landing gear of six A330-200 aircraft of the national carrier, SriLankan Airlines. This tender was awarded for the period starting from August 1, 2019 to July 31, 2020.
In April 2019, Triumph Group Inc. won contract by The Boeing Company for supplying critical hydraulic system components for the MQ-25 unmanned aerial refueling program. This contract supports the U.S. Navy's first unmanned aerial refueling program. Under this contract, Triumph Integrated Systems is anticipated to deliver components for the hydraulic systems utilized in the landing gear and the aircraft's arresting systems.
Aircraft Landing Gear Market – by Aircraft Type
- Airplanes
- Helicopters
Aircraft Landing Gear Market – by Gear Arrangement
- Tricycle
- Tandem
- Tail Wheel
Aircraft Landing Gear Market – by Type
- Main
- Nose
Aircraft Landing Gear Market – by End-User
- Commercial
- Armed Forces
Aircraft Landing Gear Market – by Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- Japan
- Australia
- Rest of APAC
- MEA
- Middle East
- Africa
- SAM
- Brazil
- Rest of SAM
Aircraft Landing Gear Market – Company Profiles
- AAR
- CIRCOR International, Inc
- Collins Aerospace
- GKN Aerospace Services Ltd.
- Héroux-Devtek.
- Liebherr Group
- Magellan Aerospace Corporation
- Safran S.A.
- Sumitomo Precision Products Co., Ltd
- Triumph Group
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Aircraft Type ; Gear Arrangement ; Type ; End-User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Aircraft Landing Gear Market – By Aircraft Type
1.3.2 Global Aircraft Landing Gear Market – By Gear Arrangement
1.3.3 Global Aircraft Landing Gear Market – By Type
1.3.4 Global Aircraft Landing Gear Market – By End-User
1.3.5 Global Aircraft Landing Gear Market – By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Aircraft Landing Gear Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threats of Substitutes
4.2.4 Threats of New Entrants
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Aircraft Landing Gear Market – Key Industry Dynamics
5.1 Key Market Driver
5.1.1 Positive growth outlook of the global aviation industry is expected to boost the aircraft landing gear demand
5.2 Key Market Restraint
5.2.1 Challenges related to landing gear design and development may restrain the future growth
5.3 Key Market Opportunity
5.3.1 Increasing popularity of low cost carriers (LCCs) and ultra-low cost carriers (ULCCs) to provide growth opportunities
5.4 Future Trends
5.4.1 Future landing gear technologies will drive the growth in coming years
5.5 Impact Analysis of Drivers and Restraints
6. Aircraft Landing Gear Market – Global Market Analysis
6.1 Overview
6.2 Global Aircraft Landing Gear Market Revenue and Forecasts To 2027 (US$ Mn)
6.3 Market Positioning – Global Key Players
7. Aircraft Landing Gear Market Analysis – By Aircraft Type
7.1 Overview
7.2 Aircraft Landing Gear Market Breakdown, By Aircraft Type, 2018 & 2027
7.3 Helicopters
7.3.1 Overview
7.3.2 Helicopters Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Airplanes
7.4.1 Overview
7.4.2 Airplanes Market Revenue and Forecasts to 2027 (US$ Mn)
8. Aircraft Landing Gear Market Analysis – By Gear Arrangement
8.1 Overview
8.2 Aircraft Landing Gear Market Breakdown, By Gear Arrangement, 2018 & 2027
8.3 Tricycle
8.3.1 Overview
8.3.2 Tricycle Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Tandem
8.4.1 Overview
8.4.2 Tandem Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Tail Wheel
8.5.1 Overview
8.5.2 Tail Wheel Market Revenue and Forecasts to 2027 (US$ Mn)
9. Aircraft Landing Gear Market Revenue and Forecasts To 2027– Type
9.1 Overview
9.2 Global Aircraft Landing Gear Market Breakdown, By Type, 2018 & 2027
9.3 Main Landing Gear
9.3.1 Overview
9.3.2 Main Landing Gear Market Forecast and Analysis
9.4 Nose Landing Gear
9.4.1 Overview
9.4.2 Nose Landing Gear Market Forecast and Analysis
10. Aircraft Landing Gear Market Revenue and Forecasts To 2027– End-User
10.1 Overview
10.2 Global Aircraft Landing Gear Market Breakdown, By End-User, 2018 & 2027
10.3 Commercial
10.3.1 Overview
10.3.2 Commercial Market Forecast and Analysis
10.4 Armed Forces
10.4.1 Overview
10.4.2 Armed Forces Market Forecast and Analysis
11. Global Aircraft Landing Gear Market – Geographic Analysis
11.1 Overview
11.2 North America Aircraft Landing Gear Market Revenue and Forecasts to 2027
11.2.1 North America Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.2.2 North America Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.2.3 North America Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.2.4 North America Aircraft Landing Gear Market Breakdown, By Type
11.2.5 North America Aircraft Landing Gear Market Breakdown, By End-User
11.2.6 North America Aircraft Landing Gear Market Breakdown, By Key Country
11.2.6.1 US Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.2.6.1.1 US Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.2.6.1.2 US Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.2.6.1.3 US Aircraft Landing Gear Market Breakdown, By Type
11.2.6.1.4 US Aircraft Landing Gear Market Breakdown, By End-User
11.2.6.2 Canada Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.2.6.2.1 Canada Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.2.6.2.2 Canada Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.2.6.2.3 Canada Aircraft Landing Gear Market Breakdown, By Type
11.2.6.2.4 Canada Aircraft Landing Gear Market Breakdown, By End-User
11.2.6.3 Mexico Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.2.6.3.1 Mexico Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.2.6.3.2 Mexico Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.2.6.3.3 Mexico Aircraft Landing Gear Market Breakdown, By Type
11.2.6.3.4 Mexico Aircraft Landing Gear Market Breakdown, By End-User
11.3 Europe Aircraft Landing Gear Market Revenue and Forecasts To 2027
11.3.1 Europe Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.3.2 Europe Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.3.3 Europe Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.3.4 Europe Aircraft Landing Gear Market Breakdown, By Type
11.3.5 Europe Aircraft Landing Gear Market Breakdown, By End-User
11.3.6 Europe Aircraft Landing Gear Market Breakdown, By Key Country
11.3.6.1 France Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.3.6.1.1 France Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.3.6.1.2 France Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.3.6.1.3 France Aircraft Landing Gear Market Breakdown, By Type
11.3.6.1.4 France Aircraft Landing Gear Market Breakdown, By End-User
11.3.6.2 Germany Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.3.6.2.1 Germany Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.3.6.2.2 Germany Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.3.6.2.3 Germany Aircraft Landing Gear Market Breakdown, By Type
11.3.6.2.4 Germany Aircraft Landing Gear Market Breakdown, By End-User
11.3.6.3 Russia Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.3.6.3.1 Russia Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.3.6.3.2 Russia Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.3.6.3.3 Russia Aircraft Landing Gear Market Breakdown, By Type
11.3.6.3.4 Russia Aircraft Landing Gear Market Breakdown, By End-User
11.3.6.4 UK Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.3.6.4.1 UK Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.3.6.4.2 UK Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.3.6.4.3 UK Aircraft Landing Gear Market Breakdown, By Type
11.3.6.4.4 UK Aircraft Landing Gear Market Breakdown, By End-User
11.3.6.5 Rest of Europe Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.3.6.5.1 Rest of Europe Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.3.6.5.2 Rest of Europe Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.3.6.5.3 Rest of Europe Aircraft Landing Gear Market Breakdown, By Type
11.3.6.5.4 Rest of Europe Aircraft Landing Gear Market Breakdown, By End-User
11.4 APAC Aircraft Landing Gear Market Revenue and Forecasts To 2027
11.4.1 APAC Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.2 APAC Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.4.3 APAC Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.4.4 APAC Aircraft Landing Gear Market Breakdown, By Type
11.4.5 APAC Aircraft Landing Gear Market Breakdown, By End-User
11.4.6 APAC Aircraft Landing Gear Market Breakdown, By Key Country
11.4.6.1 Australia Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.6.1.1 Australia Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.4.6.1.2 Australia Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.4.6.1.3 Australia Aircraft Landing Gear Market Breakdown, By Type
11.4.6.1.4 Australia Aircraft Landing Gear Market Breakdown, By End-User
11.4.6.2 China Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.6.2.1 China Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.4.6.2.2 China Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.4.6.2.3 China Aircraft Landing Gear Market Breakdown, By Type
11.4.6.2.4 China Aircraft Landing Gear Market Breakdown, By End-User
11.4.6.3 India Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.6.3.1 India Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.4.6.3.2 India Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.4.6.3.3 India Aircraft Landing Gear Market Breakdown, By Type
11.4.6.3.4 India Aircraft Landing Gear Market Breakdown, By End-User
11.4.6.4 Japan Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.6.4.1 Japan Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.4.6.4.2 Japan Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.4.6.4.3 Japan Aircraft Landing Gear Market Breakdown, By Type
11.4.6.4.4 Japan Aircraft Landing Gear Market Breakdown, By End-User
11.4.6.5 Rest of APAC Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.6.5.1 Rest of APAC Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.4.6.5.2 Rest of APAC Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.4.6.5.3 Rest of APAC Aircraft Landing Gear Market Breakdown, By Type
11.4.6.5.4 Rest of APAC Aircraft Landing Gear Market Breakdown, By End-User
11.5 Middle East and Africa Aircraft Landing Gear Market Revenue and Forecasts To 2027
11.5.1 MEA Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.5.2 MEA Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.5.3 MEA Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.5.4 MEA Aircraft Landing Gear Market Breakdown, By Type
11.5.5 MEA Aircraft Landing Gear Market Breakdown, By End-User
11.5.6 MEA Aircraft Landing Gear Market Breakdown, By Key Country
11.5.6.1 South Africa Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.5.6.1.1 South Africa Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.5.6.1.2 South Africa Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.5.6.1.3 South Africa Aircraft Landing Gear Market Breakdown, By Type
11.5.6.1.4 South Africa Aircraft Landing Gear Market Breakdown, By End-User
11.5.6.2 Saudi Arabia Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.5.6.2.1 Saudi Arabia Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.5.6.2.2 Saudi Arabia Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.5.6.2.3 Saudi Arabia Aircraft Landing Gear Market Breakdown, By Type
11.5.6.2.4 Saudi Arabia Aircraft Landing Gear Market Breakdown, By End-User
11.5.6.3 UAE Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.5.6.3.1 UAE Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.5.6.3.2 UAE Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.5.6.3.3 UAE Aircraft Landing Gear Market Breakdown, By Type
11.5.6.3.4 UAE Aircraft Landing Gear Market Breakdown, By End-User
11.5.6.4 Rest of MEA Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.5.6.4.1 Rest of MEA Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.5.6.4.2 Rest of MEA Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.5.6.4.3 Rest of MEA Aircraft Landing Gear Market Breakdown, By Type
11.5.6.4.4 Rest of MEA Aircraft Landing Gear Market Breakdown, By End-User
11.6 South America Aircraft Landing Gear Market Revenue and Forecasts To 2027
11.6.1 South America Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.6.2 South America Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.6.3 South America Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.6.4 South America Aircraft Landing Gear Market Breakdown, By Type
11.6.5 South America Aircraft Landing Gear Market Breakdown, By End-User
11.6.6 South America Aircraft Landing Gear Market Breakdown, By Key Country
11.6.6.1 Brazil Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.6.6.1.1 Brazil Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.6.6.1.2 Brazil Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.6.6.1.3 Brazil Aircraft Landing Gear Market Breakdown, By Type
11.6.6.1.4 Brazil Aircraft Landing Gear Market Breakdown, By End-User
11.6.6.2 Rest of SAM Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
11.6.6.2.1 Rest of SAM Aircraft Landing Gear Market Breakdown, By Aircraft Type
11.6.6.2.2 Rest of SAM Aircraft Landing Gear Market Breakdown, By Gear Arrangement
11.6.6.2.3 Rest of SAM Aircraft Landing Gear Market Breakdown, By Type
11.6.6.2.4 Rest of SAM Aircraft Landing Gear Market Breakdown, By End-User
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Development
13. Aircraft Landing Gear Market – Company Profiles
13.1 AAR Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 CIRCOR International, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Collins Aerospace
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 GKN Aerospace Services Limited
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Héroux-Devtek Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Liebherr Group
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Magellan Aerospace Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Safran S.A.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Sumitomo Precision Products Co., Ltd.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Triumph Group, Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. Global Aerospace Forging market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. North America Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 3. North America Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 4. North America Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 5. North America Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 6. US Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 7. US Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 8. US Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 9. US Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 10. Canada Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 11. Canada Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 12. Canada Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 13. Canada Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 14. Mexico Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 15. Mexico Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 16. Mexico Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 17. Mexico Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 18. Europe Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 19. Europe Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 20. Europe Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 21. Europe Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 22. France Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 23. France Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 24. France Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 25. France Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 26. Germany Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 27. Germany Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 28. Germany Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 29. Germany Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 30. Russia Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 31. Russia Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 32. Russia Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 33. Russia Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 34. UK Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 35. UK Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 36. UK Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 37. UK Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 38. Rest of Europe Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 39. Rest of Europe Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 40. Rest of Europe Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 41. Rest of Europe Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 42. APAC Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 43. APAC Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 44. APAC Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 45. APAC Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 46. Australia Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 47. Australia Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 48. Australia Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 49. Australia Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 50. China Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 51. China Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 52. China Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 53. China Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 54. India Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 55. India Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 56. India Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 57. India Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 58. Japan Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 59. Japan Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 60. Japan Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 61. Japan Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 62. Rest of APAC Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 63. Rest of APAC Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 64. Rest of APAC Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 65. Rest of APAC Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 66. MEA Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 67. MEA Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 68. MEA Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 69. MEA Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 70. South Africa Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 71. South Africa Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 72. South Africa Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 73. South Africa Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 74. Saudi Arabia Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 75. Saudi Arabia Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 76. Saudi Arabia Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 77. Saudi Arabia Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 78. UAE Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 79. UAE Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 80. UAE Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 81. UAE Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 82. Rest of MEA Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 83. Rest of MEA Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 84. Rest of MEA Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 85. Rest of MEA Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 86. South America Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 87. South America Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 88. South America Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 89. South America Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 90. Brazil Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 91. Brazil Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 92. Brazil Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 93. Brazil Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 94. Rest of SAM Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Aircraft Type (US$ Mn)
Table 95. Rest of SAM Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Gear Arrangement (US$ Mn)
Table 96. Rest of SAM Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 97. Rest of SAM Aircraft Landing Gear Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 98. Glossary of Terms, Aircraft Landing Gear Market
LIST OF FIGURES
Figure 1. Aircraft Landing Gear Market Segmentation
Figure 2. Aircraft Landing Gear Market Segmentation - Geography
Figure 3. Global Aircraft Landing Gear Market Overview
Figure 4. Airplanes aircraft type held the largest share in global aircraft landing gear market (2018)
Figure 5. Tricycle gear arrangement held the largest share in global aircraft landing gear market (2018)
Figure 6. Main type of landing gear represented the largest share in global aircraft landing gear market (2018)
Figure 7. Commercial end-user is the largest as well as the fastest growing end-user in global aircraft landing gear market (2018)
Figure 8. North America held the largest share in global aircraft landing gear market (2018)
Figure 9. Global Aircraft Landing Gear Market, By Geography ($Mn)
Figure 10. Global Aircraft Landing Gear Market- Leading Country Markets ($Mn)
Figure 11. Global Aircraft Landing Gear Market, Industry Landscape
Figure 12. Aircraft Landing Gear Market - Porter’s Five Forces
Figure 13. Impact Analysis of Drivers and Restraints Pertaining to Aircraft Landing Gear Market
Figure 14. Global Aircraft Landing Gear Market
Figure 15. Global Aircraft Landing Gear Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 16. Aircraft Landing Gear Market Breakdown, By Aircraft Type, 2018 & 2027 (%)
Figure 17. Global Helicopters Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. Global Airplanes Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Aircraft Landing Gear Market Breakdown, By Gear Arrangement, 2018 & 2027 (%)
Figure 20. Global Tricycle Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. Global Tandem Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. Global Tail Wheel Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Global Aircraft Landing Gear Market Breakdown, By Type, 2018 & 2027 (%)
Figure 24. Global Main Landing Gear Market Revenue And Forecasts To 2027(US$ Mn)
Figure 25. Global Nose Landing Gear Market Revenue And Forecasts To 2027(US$ Mn)
Figure 26. Global Aircraft Landing Gear Market Breakdown, By End-User, 2018 & 2027 (%)
Figure 27. Global Commercial Market Revenue And Forecasts To 2027(US$ Mn)
Figure 28. Global Armed Forces Market Revenue And Forecasts To 2027(US$ Mn)
Figure 29. Aircraft Landing Gear Market, Global Breakdown, by Regions, 2018 & 2027 (%)
Figure 30. North America Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 31. North America Aircraft Landing Gear Market Breakdown, By Aircraft Type, 2018 & 2027 (%)
Figure 32. North America Aircraft Landing Gear Market Breakdown, By Gear Arrangement, 2018 & 2027 (%)
Figure 33. North America Aircraft Landing Gear Market Breakdown, By Type, 2018 & 2027 (%)
Figure 34. North America Aircraft Landing Gear Market Breakdown, By End-User, 2018 & 2027 (%)
Figure 35. North America Aircraft Landing Gear Market Breakdown, By Key Country, 2018 & 2027(%)
Figure 36. US Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 37. Canada Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 38. Mexico Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 39. Europe Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 40. Europe Aircraft Landing Gear Market Breakdown, By Aircraft Type, 2018 & 2027 (%)
Figure 41. Europe Aircraft Landing Gear Market Breakdown, By Gear Arrangement, 2018 & 2027 (%)
Figure 42. Europe Aircraft Landing Gear Market Breakdown, By Type, 2018 & 2027 (%)
Figure 43. Europe Aircraft Landing Gear Market Breakdown, By End-User, 2018 & 2027 (%)
Figure 44. Europe Aircraft Landing Gear Market Breakdown, By Key Country, 2018 & 2027(%)
Figure 45. France Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 46. Germany Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 47. Russia Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 48. UK Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 49. Rest of Europe Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 50. APAC Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 51. APAC Aircraft Landing Gear Market Breakdown, By Aircraft Type, 2018 & 2027 (%)
Figure 52. APAC Aircraft Landing Gear Market Breakdown, By Gear Arrangement, 2018 & 2027 (%)
Figure 53. APAC Aircraft Landing Gear Market Breakdown, By Type, 2018 & 2027 (%)
Figure 54. APAC Aircraft Landing Gear Market Breakdown, By End-User, 2018 & 2027 (%)
Figure 55. APAC Aircraft Landing Gear Market Breakdown, By Key Country, 2018 & 2027(%)
Figure 56. Australia Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 57. China Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 58. India Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 59. Japan Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 60. Rest of APAC Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 61. MEA Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 62. MEA Aircraft Landing Gear Market Breakdown, By Aircraft Type, 2018 & 2027 (%)
Figure 63. MEA Aircraft Landing Gear Market Breakdown, By Gear Arrangement, 2018 & 2027 (%)
Figure 64. MEA Aircraft Landing Gear Market Breakdown, By Type, 2018 & 2027 (%)
Figure 65. MEA Aircraft Landing Gear Market Breakdown, By End-User, 2018 & 2027 (%)
Figure 66. MEA Aircraft Landing Gear Market Breakdown, By Key Country, 2018 & 2027(%)
Figure 67. South Africa Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 68. Saudi Arabia Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 69. UAE Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 70. Rest of MEA Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 71. South America Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 72. South America Aircraft Landing Gear Market Breakdown, By Aircraft Type, 2018 & 2027 (%)
Figure 73. South America Aircraft Landing Gear Market Breakdown, By Gear Arrangement, 2018 & 2027 (%)
Figure 74. South America Aircraft Landing Gear Market Breakdown, By Type, 2018 & 2027 (%)
Figure 75. South America Aircraft Landing Gear Market Breakdown, By End-User, 2018 & 2027 (%)
Figure 76. South America Aircraft Landing Gear Market Breakdown, By Key Country, 2018 & 2027(%)
Figure 77. Brazil Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 78. Rest of SAM Aircraft Landing Gear Market Revenue and Forecasts to 2027 (US$ Mn)
The List of Companies
- Safran S.A.
- Liebherr Group
- HéROUX-DEVTEK INC.
- CIRCOR International, INC.
- Collins Aerospace
- Sumitomo Precision Products Co., Ltd.
- GKN Aerospace Services Ltd.
- AAR CORP.
- Triumph Group Inc.
- Magellan Aerospace Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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