The market for aeroplane landing gear was valued at USD 6.90 billion in 2021, and it is anticipated to grow at a 6.7% CAGR. Increased deliveries and renewals of aircraft due to upgrades, an increase in the number of passengers being transported, improvements to current aircraft types, and new technology innovations to enhance aircraft performance and efficiency are the main drivers of market revenue growth.
The report highlights the current impact of COVID-19 on the Aircraft Landing Gear market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Aircraft Landing Gear according to the impact of COVID-19.
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The leading market contenders listed in the report are:
Safran, Triumph Group, Liebherr, Collins Aerospace, Heroux-Devtek, Eaton, GKN Aerospace Services Limited, Parker-Hannifin Corp, Crane Holdings, Co., and Circor Aerospace Products Group
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Market Segmentations of the Aircraft Landing Gear Market
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Regional Outlook of the Aircraft Landing Gear Market
The global Aircraft Landing Gear market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Aircraft Landing Gear market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
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