The helicopter landing gear market in APAC is expected to grow from US$ 728.34 million in 2021 to US$ 1,012.90 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028.
Australia, China, India, Japan, and South Korea are major economies in APAC. Range of MRO (maintenance, repair, and overhaul) facilities is expanding, and this is the major factor driving the growth of the APAC helicopter landing gear market. The exponential growth of helicopters has complemented the establishment of MRO facilities in the world over the years. The scope of MRO facilities is expected to rise in different parts of the world, especially in Asia. Owing to the rising adoption of civil helicopters for various commercial purposes such as fighting wildfires, facilitating news & traffic coverage, conducting search & rescue missions, and patrolling gas & oil pipelines, the establishment of MRO facilities is also witnessing a positive trend. The rising use of helicopters is rapidly accelerating the scope of helicopter’s maintenance business. Countries such as Singapore and India are witnessing presence of companies offering helicopter landing gear associated MRO services. Tentacle Aerologistix Pvt. Ltd. has stepped into the area of MRO with an aim to create a landmark in aircraft maintenance. The company is waiting for issuance of CAR 145 approval which is meant for component overhaul shop. The company’s MRO team aims to manage Bell 407 and Bell 206 Series components and helicopter landing gear overhaul. Similarly, ST Engineering is another company engaged in the business of offering integrated MRO services for repair & overhaul of landing gears, and other accessories used on helicopters, Boeing, Airbus, and regional and military aircraft. The company provides their services to various commercially used helicopters such as Airbus Helicopters – Dauphin AS365/SA365, EC155, Super Puma AS332, and Puma SA330. Furthermore, GKN Aerospace is among other players involved in the business of providing MRO services for helicopter landing gear. The company’s Fokker business unit has expertise in landing gear, and it provides MRO to NH90 helicopter landing gear and F-16 landing gear. Therefore, presence of such leading and well-established players in the MRO business for catering to helicopter landing gears is projected to create ample growth opportunities to the market.
The COVID-19 pandemic has severely impacted APAC due to wide disease spread; countries in this region are among the highly populated, which leads to the greater risk infection spread. According to the Organization for Economic Co-operation and Development (OECD), the pandemic has affected major economies such as China, India, Australia, and Japan, which are experiencing inflation. India is the worst-hit country by the pandemic in this region. Many global brands and technological companies are headquartered in the region. The limitations imposed by governments to control the spread of COVID-19, the impact of the disease on populations of different countries in the region, and current inability to utilize production capabilities are the key factors impacting military spending of Asian countries. Defense budgets have been drastically cut, resulting in a decrease in the need for mechanical components of helicopters. Therefore, the COVID-19 pandemic is likely to continue to hinder the helicopter landing gear market growth in APAC in the coming years. 
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APAC Helicopter Landing Gear Market Segmentation
APAC Helicopter Landing Gear Market – By Type
- Skids
- Wheels
APAC Helicopter Landing Gear Market – By Material
- Aluminum Landing Gear Set
- Steel Landing Gear Set
- Composite Landing Gear Set
- Titanium Landing Gear Set
APAC Helicopter Landing Gear Market – By Application
- Civil Helicopter
- Military Helicopter
APAC Helicopter Landing Gear Market, by Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
APAC Helicopter Landing Gear Market - Companies Mentioned
- CIRCOR AEROSPACE, INC.
- Dart Aerospace
- LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH
- Safran
- Sika Interplant Systems Limited
- ST ENGINEERING
- Trelleborg Group
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Material, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Helicopter 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 Opinion
5. APAC Helicopter Landing Gear Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Surge in Helicopter Manufacturing
5.1.2 Helicopter Landing Gear Systems Accepting Composites for Manufacturing
5.2 Key Market Restraints
5.2.1 Difficulties in Landing Gear Production and Design
5.3 Key Market Opportunities
5.3.1 Range of MRO (Maintenance, Repair, and Overhaul) Facilities is Expanding
5.4 Future Trends
5.4.1 Progress in Robotic Landing Gear
5.5 Impact Analysis of Drivers and Restraints
6. Helicopter Landing Gear Market – APAC Analysis
6.1 APAC Helicopter Landing Gear Market Overview
6.2 APAC Helicopter Landing Gear Market – APAC Revenue and Forecast to 2028 (US$ Million)
7. APAC Helicopter Landing Gear Market Analysis – By Type
7.1 Overview
7.2 APAC Helicopter Landing Gear Market, By Type (2020 and 2028)
7.3 Skid
7.3.1 Overview
7.3.2 Skids: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Wheels
7.4.1 Overview
7.4.2 Wheels: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
8. APAC Helicopter Landing Gear Market – By Material
8.1 Overview
8.2 APAC Helicopter Landing Gear Market, by Material (2020 and 2028)
8.3 Aluminum Landing Gear Set
8.3.1 Overview
8.3.2 Aluminum Landing Gear Set: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Steel Landing Gear Set
8.4.1 Overview
8.4.2 Steel Landing Gear Set: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Composite Landing Gear Set
8.5.1 Overview
8.5.2 Composite Landing Gear Set: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Titanium Landing Gear Set
8.6.1 Overview
8.6.2 Titanium Landing Gear Set: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
9. APAC Helicopter Landing Gear Market – By Application
9.1 Overview
9.2 APAC Helicopter Landing Gear Market, by Application (2020 and 2028)
9.3 Civil Helicopter
9.3.1 Overview
9.3.2 Civil Helicopter: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Military Helicopter
9.4.1 Overview
9.4.2 Military Helicopter: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
10. APAC Helicopter Landing Gear Market – Country Analysis
10.1 Overview
10.1.1 APAC: Helicopter Landing Gear Market- by Key Country
10.1.1.1 Australia: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Australia: Helicopter Landing Gear Market- by Type
10.1.1.1.2 Australia: Helicopter Landing Gear Market- By Material
10.1.1.1.3 Australia: Helicopter Landing Gear Market- By Application
10.1.1.2 China: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 China: Helicopter Landing Gear Market- by Type
10.1.1.2.2 China: Helicopter Landing Gear Market- By Material
10.1.1.2.3 China: Helicopter Landing Gear Market- By Application
10.1.1.3 India: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 India: Helicopter Landing Gear Market- by Type
10.1.1.3.2 India: Helicopter Landing Gear Market- By Material
10.1.1.3.3 India: Helicopter Landing Gear Market- By Application
10.1.1.4 Japan: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Japan: Helicopter Landing Gear Market- by Type
10.1.1.4.2 Japan: Helicopter Landing Gear Market- By Material
10.1.1.4.3 Japan: Helicopter Landing Gear Market- By Application
10.1.1.5 South Korea: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 South Korea: Helicopter Landing Gear Market- by Type
10.1.1.5.2 South Korea: Helicopter Landing Gear Market- By Material
10.1.1.5.3 South Korea: Helicopter Landing Gear Market- By Application
10.1.1.6 Rest of APAC: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of APAC: Helicopter Landing Gear Market- by Type
10.1.1.6.2 Rest of APAC: Helicopter Landing Gear Market- By Material
10.1.1.6.3 Rest of APAC: Helicopter Landing Gear Market- By Application
11. APAC Helicopter Landing Gear Market- COVID-19 Impact Analysis
11.1 APAC
12. Industry Landscape
12.1 Market Initiatives
13. Company Profiles
13.1 CIRCOR AEROSPACE, INC.
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 Sika Interplant Systems Limited
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 Dart 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 Trelleborg Group
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 LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH
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 Safran
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 ST ENGINEERING
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
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. APAC Helicopter Landing Gear Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. Australia: Helicopter Landing Gear Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia: Helicopter Landing Gear Market- By Material –Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Helicopter Landing Gear Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 5. China: Helicopter Landing Gear Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 6. China: Helicopter Landing Gear Market- By Material –Revenue and Forecast to 2028 (US$ Million)
Table 7. China: Helicopter Landing Gear Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 8. India: Helicopter Landing Gear Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. India: Helicopter Landing Gear Market- By Material –Revenue and Forecast to 2028 (US$ Million)
Table 10. India: Helicopter Landing Gear Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 11. Japan: Helicopter Landing Gear Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 12. Japan: Helicopter Landing Gear Market- By Material –Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan: Helicopter Landing Gear Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 14. South Korea: Helicopter Landing Gear Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea: Helicopter Landing Gear Market- By Material –Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea: Helicopter Landing Gear Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of APAC: Helicopter Landing Gear Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of APAC: Helicopter Landing Gear Market- By Material –Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of APAC: Helicopter Landing Gear Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Helicopter Landing Gear Market Segmentation
Figure 2. APAC Helicopter Landing Gear Market Segmentation – By Country
Figure 3. APAC Helicopter Landing Gear Market Overview
Figure 4. Skids Segment Held the Largest Market Share in 2020
Figure 5. Composite Landing Gear Set Held the Largest Market Share in 2020
Figure 6. Military Helicopter Held the Largest Market Share in 2020
Figure 7. China was the Largest Revenue Contributor in 2020
Figure 8. APAC Helicopter Landing Gear Market - Porter’s Five Forces
Figure 9. APAC Helicopter Landing Gear Market– Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. APAC Helicopter Landing Gear Market: Impact Analysis of Drivers and Restraints
Figure 12. APAC Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. APAC Helicopter Landing Gear Market Revenue Share, by Type (2020 and 2028)
Figure 14. APAC Skids: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. APAC Wheels Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. APAC Helicopter Landing Gear Market Revenue Share, by Material (2020 and 2028)
Figure 17. APAC Aluminum Landing Gear Set: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. APAC Steel Landing Gear Set: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. APAC Composite Landing Gear Set: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. APAC Titanium Landing Gear Set: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. APAC Helicopter Landing Gear Market Revenue Share, by Application (2020 and 2028)
Figure 22. APAC Civil Helicopter: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. APAC Military Helicopter: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. APAC: Helicopter Landing Gear Market, by Key Country– Revenue and Forecast to 2028 (US$ Million)
Figure 25. APAC: Helicopter Landing Gear Market Revenue Share, By Key Country (2020 and 2028)
Figure 26. Australia: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. China: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. India: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Japan: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. South Korea: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of APAC: Helicopter Landing Gear Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Impact of COVID-19 Pandemic in APAC Country Markets
- CIRCOR AEROSPACE, INC.
- Dart Aerospace
- LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH
- Safran
- Sika Interplant Systems Limited
- ST ENGINEERING
- Trelleborg Group
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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