Global Commercial Aircraft Landing Gear Market: Analysis & Forecast: 2016-2022

Global Commercial Aircraft Landing Gear Market - Analysis and Forecast (2016-2022)
(Focus on Gear Type and Aircraft Type)

BIS Research is a leading market intelligence and technology research company. BIS Research publishes in-depth
market intelligence reports focusing on the market estimations, technology analysis, emerging high-growth
applications, deeply segmented granular country-level market data and other important market parameters useful
in the strategic decision making for senior management. BIS Research provides multi-client reports, company
profiles, databases, and custom research services.
Copyright © 2016 BIS Research
All Rights Reserved. This document contains highly confidential information and is the sole property of BIS Research.
Disclosing, copying, circulating, quoting or otherwise reproducing any or all contents of this document is strictly
prohibited. Access to this information is provided exclusively for the benefit of the people or organization concerned.
It may not be accessed by, or offered whether for sale or otherwise to any third party.

Table of Contents
Executive Summary .................................................................................14
1 Research Scope & BIS Methodology ...................................................24
1.1 Scope of the Report ..................................................................24
1.2 Commercial Aircraft Landing Gear Market Research
Methodology.............................................................................25
2 Market Dynamics ................................................................................29
2.1 Market Drivers..........................................................................30
2.1.1 Growing demand for the Lightweight Landing Gear .....30
2.1.2 Growing demand for aircraft........................................31
2.1.3 Rising Demand of Landing Gear Systems from
Emerging Economies....................................................32
2.2 Market Challenges ....................................................................35
2.2.1 Design and Development Challenges for the
Landing Gear System ...................................................35
2.2.2 Strict Regulatory Requirements ...................................35
2.2.3 Machining Challenges with New Materials ...................36
2.3 Market Opportunities................................................................37
2.3.1 Increasing Use of New Materials for the Production
of Landing Gear............................................................37
2.3.2 More Electric Aircraft (MEA).........................................38
3 Competitive Insights ..........................................................................39
3.1 Competitive Landscape.............................................................39
3.2 Key Strategies and Developments ............................................40
3.2.1 Partnerships, Agreements and Contracts .....................40
3.2.2 Mergers and Acquisitions .............................................44
3.2.3 Other Developments ....................................................45
3.3 Market Key Strategies And Developments ................................46
4 Industry Analysis ...............................................................................47

4.1 Overview of Aircraft Landing Gear Systems..............................47
4.2 Design and Development of the Aircraft Landing Gear .............49
4.3 Product Offerings by Key Manufacturers ..................................50
4.4 Future Landing Gear Technologies............................................52
4.5 Aircraft Demand Analysis .........................................................54
4.6 Pricing Analysis of Landing Gear Systems ................................55
4.7 Value Chain Analysis ................................................................56
5 Global Commercial Aircraft Landing Gear Market, 2016-2022 ............58
5.1 Assumptions and Limitations....................................................58
5.2 Market Overview ......................................................................59
6 Commercial Aircraft Landing Gear Market By Aircraft Type ................61
6.1 Segmentation of Commercial Aircraft Landing Gear Market
By Aircraft Type........................................................................62
6.2 Market Overview ......................................................................63
6.3 Narrow-body Aircraft Landing Gear Market Size 2016-2022....65
6.4 Medium Widebody Aircraft Landing Gear Market Size 2016-
2022 .........................................................................................66
6.5 Large Widebody Aircraft Landing Gear Market Size 2016-
2022 .........................................................................................67
6.6 Regional Jets Landing Gear Market Size 2016-2022 .................68
7 Commercial Aircraft Landing Gear Market by Gear Type.....................70
by Gear Type ............................................................................71
7.2 Market Overview ......................................................................72
7.3 Main Landing Gear Market 2016-2022......................................74
7.4 Nose Landing Gear Market 2016-2022......................................75
8 Commercial Aircraft Landing Gear Market by Geography....................76
by Geography ...........................................................................77
8.2 Market Overview ......................................................................78

8.3 The North American Aircraft Landing Gear Market 2016-
2022 .........................................................................................80
8.3.1 U.S. Landing Gear Market Size 2016-2022 ...................81
8.3.2 Canada Landing Gear Market Size 2016-2022 ..............82
8.4 The European Landing Gear Market Size 2016-2022.................83
8.4.1 U.K. Landing Gear Market Size 2016-2022 ...................85
8.4.2 Germany Landing Gear Market Size 2016-2022 ...........86
8.4.3 Spain Landing Gear Market Size 2016-2022.................88
8.5 Asia Pacific Landing Gear Market Size 2016-2022 ....................89
8.5.1 China Landing Gear Market Size 2016-2022.................90
8.5.2 India’s Landing Gear Market Size 2016-2022...............91
8.5.3 Japan Landing Gear Market Size 2016-2022 ................92
8.6 Commercial Aircraft Landing Gear Market Size in Rest of
the World 2016-2022 ...............................................................93
9 Company Profile .................................................................................96
9.1 AAR Corporation.......................................................................96
9.1.1 Company Overview ......................................................96
9.1.2 Financials.....................................................................97
9.1.2.1 Overall Financials .................................................... 97
9.1.2.2 Segment Revenue Mix.............................................. 98
9.1.3 SWOT Analysis .............................................................99
9.2 CIRCOR Aerospace .................................................................100
9.2.1 Company Overview .................................................... 100
9.2.2 Financials...................................................................101
9.2.2.1 Overall Financials ...................................................101
9.2.2.2 Segment Revenue Mix.............................................102
9.2.2.3 Geographic Revenue Mix .........................................103
9.2.3 SWOT Analysis ........................................................... 104
9.3 Eaton Corporation...................................................................105
9.3.2 Financials...................................................................106

9.3.3 SWOT Analysis ........................................................... 109
9.4 Héroux-Devtek .......................................................................110
9.4.2 Financials...................................................................111
9.4.3 SWOT Analysis ........................................................... 114
9.5 Liebherr Aerospace.................................................................115
9.5.2 Financials...................................................................116
9.5.3 SWOT Analysis ........................................................... 119
9.6 Magellan Aerospace................................................................ 120
9.6.2 Financials...................................................................121
9.6.3 SWOT Analysis ........................................................... 123
9.7 Safran Landing Systems ......................................................... 124
9.7.2 Financials...................................................................125

9.7.3 SWOT Analysis ........................................................... 127
9.8 SPP Canada Aircraft Inc.......................................................... 128
9.8.2 Financials...................................................................129
9.8.3 SWOT Analysis ........................................................... 131
9.9 Triumph Group .......................................................................132
9.9.2 Financials...................................................................133
9.9.3 SWOT Analysis ........................................................... 137
9.10 UTC Aerospace Systems ......................................................... 138
9.10.2 Financials...................................................................139
9.10.2.3 Business Segment Revenue Mix ...............................140
9.10.3 SWOT Analysis ........................................................... 142
10 Appendix .......................................................................................... 143
10.1 Related Reports......................................................................143

List of Tables
Table 1 Key Growth Indicators for Aircraft Demand, 2015-2035 17
Table 2 New Airplane Deliveries, 2015-2035 21
Table 2.1 Aircraft Demand by Region 33
Table 2.2 Airworthiness Regulations 35
Table 3.1 Key Contracts, Agreements and Partnerships 40
Table 3.2 Mergers, Acquisitions, and Joint Venture 44
Table 3.3 Other Developments 45
Table 4.1 Landing Gear Data 47
Table 4.2 Product Offerings by Key Manufacturers 50
Table 4.3 Key Growth Measures, 2015-2035 (%) 54
Table 4.4 New Aircraft Deliveries, 2016-2035 54
Table 4.5 Pricing Analysis of Landing Gear Systems 55
Table 5.1 Global Commercial Aircraft Landing Gear Market 2016-2022 ($ Million) 59
Table 6.1 Landing Gear Market Size, by Aircraft Type 2016-2022 ($ Million) 63
Table 6.2 Unit Projections of Regional Jets by Market Players, 2015-2024 69
Table 7.1 Commercial Aircraft Landing Gear Market Size, by Gear Type 2016-2022 ($ Million) 72
Table 8.1 Commercial Aircraft Landing Gear Market Size, by Geography 2016-2022 ($ Million) 78
Table 8.2 Commercial Aircraft Landing Gear Market Size in Rest of the World, 2016-2022 ($
Million) 93
Table 8.3 Key Growth Indicators in Rest of the World, 2016-2022 ($ Million) 95
Table 8.4 Key Growth Indicators in Rest of the World, 2016-2022 ($ Million) 95
Table 9.1 Major Revenue Generating Customer 134
Table 9.2 Major Revenue Generating Customers 141

List of Figures
Figure 1 Global Passenger Traffic Trends, 2003-2016 14
Figure 2 Functions of Landing Gear Systems 16
Figure 3 Commercial Aircraft Landing Gear Market Size, 2016-2022 17
Figure 4 Global Commercial Aircraft Demand, 2015-2035 18
Figure 5 Commercial Aircraft Landing Gear Market by Gear Type, 2016 and 2022 19
Figure 6 Commercial Aircraft Landing Gear Market by Aircraft Type, 2016 and 2022 20
Figure 7 Ranking of Commercial Aircraft Landing Gear Market by Aircraft Type, 2016 and 2022 21
Figure 8 Commercial Aircraft Landing Gear Market by Geography, 2016 and 2022 ($ Million) 22
Figure 9 Commercial Aircraft Landing Gear Market by Geography, 2016 and 2022 (%) 22
Figure 1.1 Commercial Aircraft Landing Gear Market Scope 24
Figure 1.2 Secondary Data Sources 26
Figure 1.3 Top Down and Bottom up Approach 27
Figure 1.4 Commercial Aircraft Landing Gear Market Influencing Factors 28
Figure 1.5 Assumptions and Limitations 28
Figure 2.1 Market Dynamics Snapshot 29
Figure 2.2 Comparative Analysis on Airline’s Fuel Cost 30
Figure 2.3 Analysis of Global Air Passenger Traffic Demand 31
Figure 2.4 Analysis of Global Air Freighter Demand 32
Figure 2.5 Global Economic Outlook, 2014-2017 (%) 33
Figure 2.6 Market Drivers-Impact Analysis 34
Figure 2.7 Market Challenges-Impact Analysis 36
Figure 3.1 Some of the Organic & Inorganic Growth Strategies Adopted by the Key Players 39
Figure 3.2 Percentage Share of Strategies Adopted by the Market Players 46
Figure 4.1 The Evolution of Landing Gear Systems 48
Figure 4.2 Different Stages in the Design and Development of the Landing Gear Systems 49
Figure 4.3 Future Landing Gear Technologies Meeting Market Challenges 52
Figure 4.4 Technology Trends for Landing Gear Design 53
Figure 4.5 Value Chain Analysis 57
Figure 5.1 Global Commercial Aircraft Landing Gear Market, 2016-2022 ($ Million) 59
Figure 6.1 Classification of Landing Gear Market by Aircraft Type 62
Figure 6.2 Landing Gear Market Share by Aircraft Type, 2016 and 2022 64
Figure 6.3 Narrow-body Aircraft Landing Gear Market Size, 2016 and 2022 ($ Million) 65
Figure 6.4 Medium Widebody Aircraft Landing Gear Market Size, 2016 and 2022 ($ Million) 66

Figure 6.5 Large Widebody Landing Gear Market Size, 2016 and 2022 ($ Million) 67
Figure 6.6 Regional Jets Landing Gear Market Size, 2016 and 2022 ($ Million) 68
Figure 7.1 Classification of Commercial Aircraft Landing Gear Market by Gear Type 72
Figure 7.2 Commercial Aircraft Landing Gear Market by Gear Type, 2016-2022 73
Figure 7.3 Main Landing Gear Market Size, 2016 and 2022 ($ Million) 74
Figure 7.4 Nose Landing Gear Market Size, 2016 and 2022 ($ Million) 75
Figure 8.1 Classification of Aircraft Landing Gear Market by Geography 77
Figure 8.2 Geographic Distribution of Aircraft Landing Gear Market, 2016 and 2022 79
Figure 8.3 North America Aircraft Landing Gear Market Size, 2016-2022 ($ Million) 80
Figure 8.4 U.S. Landing Gear Market Size, 2016-2022 ($ Million) 81
Figure 8.5 Canada Landing Gear Market Size, 2016-2022 ($ Million) 82
Figure 8.6 European Landing Gear Market Size, 2016-2022 ($ Million) 83
Figure 8.7 European Landing Gear Market Size, by Country 2016-2022 84
Figure 8.8 U.K. Landing Gear Market Size, 2016-2022 ($ Million) 85
Figure 8.9 Germany Landing Gear Market Size, 2016-2022 ($ Million) 86
Figure 8.10 Germany Air Traffic Analysis 87
Figure 8.11 Spain Landing Gear Market Size, 2016-2022 ($ Million) 88
Figure 8.12 APAC Landing Gear Market Size, 2016-2022 ($ Million) 89
Figure 8.13 China Landing Gear Market Size, 2016-2022 ($ Million) 90
Figure 8.14 India’s Aircraft Landing Gear Market Size, 2016-2022 ($ Million) 91
Figure 8.15 Japan Landing Gear Market Size, 2016-2022 ($ Million) 92
Figure 8.16 Commercial Aircraft Landing Gear Market Size in Rest of the World 2016-2022 ($
Million) 93
Figure 8.17 Commercial Aircraft Landing Gear Market Size in Rest of the World 2016-2022 ($
Million) 94
Figure 9.1 AAR Corporation – Overall Financials, 2013-2015 ($ Million) 97
Figure 9.2 AAR Corporation – Business Segment Revenue Mix, 2013-2015 ($ Million) 98
Figure 9.3 CIRCOR International – Overall Financials, 2013-2015 ($ Million) 101
Figure 9.4 CIRCOR International – Business Segment Revenue Mix, 2013-15 ($ Million) 102
Figure 9.5 Circor International– Geographical Mix, 2013-2015 103
Figure 9.6 Eaton Corporation – Overall Financials, 2013-2015 ($ Million) 106
Figure 9.7 Eaton Corporation – Business Segment Revenue Mix, 2013-15 ($ Million) 107
Figure 9.8 Eaton Corporation – Research and Development Analysis, 2013-15 ($ Million) 108
Figure 9.9 Eaton Corporation– Geographical Mix, 2013-2015 108
Figure 9.10 Heroux-Devtek – Overall Financials, 2013-2015 ($ Million) 111
Figure 9.11 Heroux-Devtek – Business Segment Revenue Mix, 2013-15 ($ Million) 112

Figure 9.12 Heroux-Devtek – Geographic Revenue Mix, 2013-2015 113
Figure 9.13 Leibherr Group – Overall Financials, 2013-2015 ($ Million) 116
Figure 9.14 Leibherr Group – Business Segment Revenue Mix, 2013-15 117
Figure 9.15 Leibherr Group – Geographic Revenue Mix, 2014 and 2015 ($ Million) 118
Figure 9.16 Magellan Aerospace – Overall Financials, 2013-2015 ($ Million) 121
Figure 9.17 Magellan Aerospace – Business Segment Revenue Mix, 2013-15 122
Figure 9.18 Magellan Aerospace – Geographic Revenue Mix, 2013-2015 122
Figure 9.19 Safran Group – Overall Financials, 2013-2015 ($ Million) 125
Figure 9.20 Safran Group – Business Segment Revenue Mix, 2013-15 125
Figure 9.21 Safran Group – Geographic Revenue Mix, 2013 - 2015 126
Figure 9.22 Sumitomo Precision Products (SPP) Co. Ltd – Overall Financials, 2013-2015 129
Figure 9.23 SPP Co. Ltd – Business Segment, 2014-15 130
Figure 9.24 Triumph Group – Overall Financials, 2014-2016 133
Figure 9.25 Triumph Group – Research and Development Expenses, 2013-15 ($ Million) 135
Figure 9.26 Triumph Group – Business Segment Revenue Mix, 2014-16 ($ Million) 136
Figure 9.27 United Technologies Corp. – Overall Financials, 2013-2015 ($ Million) 139
Figure 9.28 United Technologies Corporation – Revenue Mix by End-Market, 2013-15 ($ Million) 139
Figure 9.29 United Technologies Corporation – Business Segment Revenue Mix, 2013-15 ($
Million) 140
Figure 9.30 United Technologies Corp. – Geographic Revenue Mix, 2013-2015 140
Figure 9.31 United Technologies Corp. – Research and Development Analysis, 2013-15 ($
Million) 141

List of Acronyms
Acronyms Descriptions
BTMS Brake Temperature Monitoring System
PSEU Proximity Sensing Electronic Unit
NLG Nose Landing Gear
MLG Main Landing Gear
FDI Foreign Direct Investment
IATA International Air Transport Association
CIS Commonwealth of Independent States
PMC Polymer Matrix Composites
MEA More Electric Aircraft
e-LS Electric Landing Systems and Brakes
e-GNT Green Taxiing Using Electric Motors
e-MPG Auxiliary Power Unit
e-PWR Generation, Distribution and Transmission of Electrical Energy
e-WING Electric Flight Control Actuator
e-PPS Electric Engine and Nacelle Architecture
MRO Maintenance, Repair and Overhaul
SPPCA SPP Canada Aircraft
USAF U.S. Air Force
SAS Scandinavian Airline
IAG Member of International Airlines Group
JAI Japan Aircraft Industries
JADC Japan Aircraft Development Corporation

Acronyms Descriptions
MoU A Memorandum of Understanding
MAG Mecaer Aviation Group
UTC United Technologies Corporation
OEMs Original Equipment Manufacturers
SPP Sumitomo Precision Products Company
MTOW Maximum Take Off Weight
RPK Revenue Passenger Kilometer
R&D Research and Development
MRJ Mitsubishi Regional Jet
RoW Rest of the World
NRC National Research Council of Canada
FAA Federal Aviation Administration
ICAO International Civil Aviation Organization

Executive Summary
The commercial aerospace sector is likely to experience a strong growth rate due to the increased production of
next generation aircrafts. Improvement in the global economic conditions has led to the increase in the air passenger
traffic. According to the International Air Transport Association (IATA), the global air passenger rate for January
2016 rose by XX% in comparison to January 2015. In order to cater to the growing air passenger travel, increased
number of aircrafts are required for the service. It is expected that 45,240 aircrafts are required to be in service by
2035.
Figure 1
Global Passenger Traffic Trends, 2003-2016
International Civil Aviation Organization and BIS Research Analysis
The rise in the air traffic is due to the following factors:
 Economic activity
 Ease of travel (open air service agreements, economically liberalized aviation markets, business model
innovation (low-cost airlines), and others)
 Local market factors (industry consolidation)
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
PKPAnnualGrowthRate
WORLD PASSENGER TRAFFIC 2003 to 2016 (Y-O-Y Growth Rate)

Market Landscape
Figure 3
Commercial Aircraft Landing Gear Market Size, 2016-2022
Expert Interviews, Paid Sources, Annual Reports, and BIS Research Analysis
The aircraft landing gear market is highly driven by the demand generated for aircrafts across emerging economies,
especially in the Asia Pacific region. Moreover, the growing need for lightweight, high performance landing gear
systems, and an increase in the air passenger traffic has contributed to the growth of the market.
Table 1
Key Growth Indicators for Aircraft Demand, 2015-2035
Growth Measures %
World Economy GDP XX
Airplane Fleet XX
Number of Passengers XX
Airline Traffic RPK XX
Cargo Traffic RTK XX
Expert Interviews, Paid Sources, Boeing Outlook and BIS Research Analysis
XX
2016
XX
2022
CAGR
XX
XX
XX
XX XX XX XX
2016 2017 2018 2019 2020 2021 2022
AIRCRAFT LANDING GEAR MARKET, YEAR-ON-
YEAR GROWTH, 2016 TO 2022 (%)
AIRCRFATLANIDNGGEARMARKETSIZE,
($MILLION)

The market is further segmented on the basis of the gear type for the aircraft landing gear market: Nose Landing
Gear (NLG) and Main Landing Gear (MLG) system.
Figure 5
Commercial Aircraft Landing Gear Market by Gear Type, 2016 and 2022
The NLG and MLG are mechanically linked to each of their landing gears which extend and retract with the landing
gears. To absorb the shock while landing, each gear has been fitted with nitrogen filled shock struts. The market of
the aircraft landing gear systems exhibited the main landing gear dominance in the forecast period (2016-2022).
This dominance is due to its increased utilization and one of the primary requirements for aircrafts. It is expected
that the main landing gear market will grow at the highest CAGR due to growing investments in research and
development (R&D) by leading market players. The commercial aircraft landing gear market for the main landing
gear system generated the maximum revenue of $XX million in 2016 and is expected to grow over $XX million by
2022 at an estimated CAGR of XX% from 2016 to 2022.
The commercial aircraft landing gear market is further segmented on the basis of aircraft type. The following figure
represents the revenue of aircraft type in 2016 and 2022:
XX
XX
AIRCRAFT LANDING GEAR MARKET SIZE BY GEAR TYPE
2016 & 2022 ($ MILLION)
Market share,
by Gear Type,
XX (%)
2016 2022
XX
XX
XX
XX
Main Landing Gear Nose Landing Gear

Figure 6
Commercial Aircraft Landing Gear Market by Aircraft Type, 2016 and 2022
Expert Interviews, Paid Sources, Secondary Research, and BIS Research Analysis
The narrow-body aircraft market has gained importance over the years owing to its long term cost effectiveness,
increased replacement needs in advanced economies, rise in passenger traffic and the success of low-cost business
models. The narrow-body aircraft market for landing gear systems was valued at $XX million in 2016 and is expected
to reach $XX million by 2022 at a CAGR of XX% during the forecast period. The narrow-body aircraft fleet in 2015
was 14,870 aircrafts and is set to reach 32,280 aircrafts by 2022. This growing demand for aircrafts is expected to
propel the production of landing gear systems. Moreover, many airlines across the world have started modernizing
its fleet of aircrafts so as to increase its efficiency, reliability, and passenger comfort. Capability, efficiency and
flexibility are the three factors encouraging the growth of aircrafts in the widebody aircraft market. Airlines across
the world are also shifting towards widebody aircrafts because of their efficiency to travel longer distances. The rise
in the airlines modernization plan is also likely to have a positive impact in the aircraft landing gear market.
XX
XX
XX XX
Narrow-body Medium
Widebody
Large Widebody Regional Jets
XX
XX
XX XX
Narrow-body Medium
Widebody
XX
XX
XX
XX
2016
Narrow-body Medium Widebody
XX
XX
XX
XX
2022
Market share of Aircraft Type for
Aircraft Landing Gear Market
AircraftLandingGearMarket
byAircraftType,2016
AircraftLandingGearMarket
byAircraftType,2022

This report is further classified on the basis of geography: North America, Europe, Asia Pacific, and the Rest of the
World (RoW).
Figure 8
Commercial Aircraft Landing Gear Market by Geography, 2016 and 2022 ($ Million)
Figure 9
Commercial Aircraft Landing Gear Market by Geography, 2016 and 2022 (%)
Expert Interviews, Paid Sources, Secondary Research, and BIS Research Analysis
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
North America Europe Asia Pacific Rest of the
World
2016 2017 2022
Fastest
growing
region
Latin
America
Europe
Middle-East
and Africa
North America
>XX% XX% - XX% XX% - XX% XX%CAGR% (2016 – 2022)
Asia Pacific

1 Research Scope & BIS Methodology
1.1 Scope of the Report
The report constitutes of a thorough study of the commercial aircraft landing gear market share and size, including
the analysis of different types of gears and aircraft type under its domain. The aircraft landing gear market by
geography has also been extensively analyzed in this report, including the market trends across the key geographic
regions of the global market, along the lines of market size, drivers, growth opportunities, and challenges.
Figure 1.1
Commercial Aircraft Landing Gear Market Scope
Expert Interviews, Paid Sources, News Articles and BIS Research Analysis
By Gear Type
• Main Landing Gear (MLG)
• Sample
By GeographyBy Aircraft Type
• Narrow-body Aircraft
• Sample
• Sample
• Sample
• North America
• The U.S.
• Canada
• Rest of North America
• Sample
• Sample
• Sample
• Sample
• Sample
• Sample
• Sample
• Sample
• Sample
• Sample
• Sample
• Sample
• Sample
• Sample
• Sample
• Sample

Figure 1.2
Secondary Data Sources
BIS Research Analysis
The key data points taken from secondary sources include:
 Segmentation breakups, split-ups, and percentage shares
 Data for market value
 Key industry trends of the top players of the market
 Qualitative insights into various aspects of the market, key trends, and emerging areas of innovation
 Quantitative data for mathematical and statistical calculations
The main task for a thorough analysis of the global aircraft landing gear market was to identify the set of underlying
factors. In this case the aircraft sales along with their ASPs of landing gear systems are the basal factors for the
market estimation. The following figure exhibits the detailed methodology adopted for estimating and forecasting
the aircraft landing gear market:
Secondary Data
Sources
Databases
Bloomberg
Hoovers
Factiva
Company Sources
Sample
Sample
Sample
Government and
Regulatory Sources
Sample
Others
Sample
Sample

Figure 1.3
Top Down and Bottom up Approach
Note: The above approach has been followed for the market estimation of all the product segments related to the
aircraft landing gear market.
Having estimated the global market size, the forecast employs a set of macro factors such as the population,
disposable income, and GDP, among others (subjective). Apart from these, the forecast of the aircraft landing gear
market is based on the quantification of the following factors:
Total Aircraft Landing Gear
Market Size ($Million)
Sample
Geographical Split
Summation of X & Y
of all regions
Sample
Geographical split into number of units
(X)
Sample
Sample
Sample

Figure 1.4
Commercial Aircraft Landing Gear Market Influencing Factors
Assumptions and Limitations
The following figure exhibits the standard assumptions and limitations which have been followed throughout the
research study of the aircraft landing gear market:
Figure 1.5
Assumptions and Limitations
SampleSample
Sample
Sample Sample
SAMPLE
Sample
Currency Conversion
Average Selling Price (ASP)
• The ASP is calculated for the year 2015 and the currency
considered is U.S. $
• Sample
Limitations
• Technologies currently used are expected to persist through the
forecast with no major breakthrough in technology
• Sample
• The base currency considered for this study is U.S. $
• Sample
• Sample
• Sample
Assumption For Market Estimation
• The base year considered for the calculation of market size was
2015. Instances where the market size for the FY 2015 were not
available from primary or secondary sources, at such instances the
values were estimated based on the Delphi method.
• Sample
• Sample

2 Market Dynamics
Landing gear is one of the crucial components of an aircraft as it supports the entire weight of an aircraft during
ground and landing operations. Depending on the aircraft design, the type of gear is chosen for its intended use.
This chapter of the report will provide an in-depth understanding of the direction in which the market is heading
and take into account several factors such as market drivers, market restraints and market opportunities.
Key Findings
Figure 2.1
Market Dynamics Snapshot
Secondary Research, Expert Interviews, and BIS Research Analysis
 Sample
 Sample
 Sample
Challenges
 Need for lightweight
landing gear
 Sample
 Sample
Drivers
MARKET
DYNAMICS
ATTRACTIVE MARKET OPPORTUNITIES
 Increasing use of new materials for the production of landing gear
 Sample

2.1 Market Drivers
The following section discusses the factors responsible for the growth of the aircraft landing gear market:
2.1.1 Growing demand for the Lightweight Landing Gear
Landing gear is one of the crucial components of any aircraft and are used during ground operations, taxiing, landing
and take-off. These are designed to absorb the shock during landing and reduce the impact of loads transmitted to
the airframe. Landing gear also provides directional control using the wheel steering system and adequate braking
facilities. For large aircrafts, landing gears are made retractable which lessens the drag on an aircraft while flying.
Aircraft weight plays a prominent role in maximizing the performance of an aircraft. Landing gear constitutes of
many structural components and weighs around XX% (retractable type) of the total aircraft weight. The reduction
in the weight of the aircraft could help in achieving optimum ratio between the payload and range of the aircraft.
Thus, there is huge need for a lightweight landing gear that could help in conserving the fuel and increase the range
of flight. Moreover, airlines are operating on a thin profit margin and a small share of savings in the fuel component
could help them in achieving operational efficiency.
Figure 2.2
Comparative Analysis on Airline’s Fuel Cost
Company Websites, Annual Reports, Boeing Outlook 2014, and BIS Research Analysis
Messier-Bugatti-Dowty, Circor Aerospace, Heroux-Devtek, UTC Aerospace Systems, Triumph Group, and Liebherr
Aerospace are some of the prominent manufacturers that are actively involved in the development of lightweight
landing gear systems. In 2014, Messier-Bugatti-Dowty signed an agreement with Kobe Steel to supply lightweight
2003 2013 2003 2013
Single Aisle Wide-body
XX XX XX
XX
Other Costs Fuel Cost

landing gear forgings for A350 XWB aircraft. Thus, the rise in the need for lightweight systems across original
equipment manufacturers could propel the aircraft landing gear system.
2.1.2 Growing demand for aircraft
The improvement in the global economic conditions has made a positive impact on the global air traffic. According
to the International Air Transport Association (IATA), airlines across the world carried XX billion passengers (XX%
of the earth population) and XX million tons of cargo (worth $XX trillion) in 2014 which contributed $XX trillion
(XX%) to the global GDP. In 2015, the global air passenger traffic increased by XX% in 2014 which represented an
additional XX million air trips. According to the Boeing Market Outlook 2016, the air passenger traffic and air cargo
traffic is expected to grow annually by XX% and XX% respectively during 2015-2035.
Figure 2.3
Analysis of Global Air Passenger Traffic Demand
Company Websites, Bureau of Transportation Statistics and BIS Research Analysis
Global Passenger Traffic
XX
XX
XX
XX
XX
XX
2010 2011 2012 2013 2014 2015

2.1.3 Machining Challenges with New Materials
In the recent past, new materials for manufacturing landing gear is increasingly being used. It includes polymer
matrix composites and titanium and titanium matrix composites. The conventional materials used in the
manufacturing of landing gear systems such as 300M and 4340 stainless steel are being replaced by AerMet100
and AF1410 alloys. Similarly, for new generation wide-body aircraft titanium alloys such as Ti 10-2-3 (Ti 10V 2Fe
2Al) and Ti 5-5-5-3 (Ti 5 Va 5Mo 5Al 3Cr) are increasingly preferred for the production of landing gear systems
because of its high performance in comparison with stainless steel.
Machining is a process of cutting the raw material in a desired shape and size and hence, with the introduction of
new materials poses new machining challenges. For instance, titanium alloys are also termed as difficult-to-machine
materials. Machining titanium alloys at high temperature and strain exhibits deformation and is a complex process
in comparison to the traditional materials such as aluminum and steels. Thus, an optimized tooling and machining
method is required for the production of landing gear systems using new materials.
Figure 2.7
Market Challenges-Impact Analysis
Company Websites, Annual Reports, Primary Interviews, and BIS Research Analysis
Market Challenges
Impact (1 to 5
years)
Design and development challenges for landing gear system
Strict regulatory requirements
Machining challenges with new materials
Very HighHighMediumLow

2.2 Market Opportunities
2.2.1 Increasing Use of New Materials for the Production of
Landing Gear
With the innovation in technology the development of new materials for the aerospace industry is growing at a rapid
pace. New materials are being developed to achieve durability, robustness, weight reduction, and cost economies.
The following are the new materials that are being used for the production of landing gear system:
 Polymer Matrix Composites (PMC)
 Titanium and titanium matrix composites
 High-strength stainless steels
PMCs’ are reinforced with high-performance carbon or organic fibers that provides high rigidity and strength. The
fiber reinforcement is much stronger than the matrix and are laid within the matrix in such a way that the resulting
PMC will have different properties in different directions. PMCs provide huge benefits to the user in the form of:
 Weight reductions up to XX% that increases the aircraft performance
 Increase in durability, and robustness of the landing gear
 Elimination of metal corrosion and cracking
Messier-Bugatti-Dowty, Fokker Landing Gear along with Goodrich are using PMC technology for landing gear
components. Messier-Bugatti-Dowty for its 787 landing gear structure are using carbon fiber braces manufactured
by Albany Engineered Composites. In addition to this, the company is also using ultra high-strength steels (300M
steel) and aluminum alloys in landing gear. Similarly many other components of Boeing 787 landing gear systems
have been made from titanium alloys (Ti 10-2-3 (Ti 10V 2Fe 2Al) and Ti 5-5-5-3 (Ti 5 Va 5Mo 5Al 3Cr)) by Messier-
Bugatti-Dowty.
Similarly, Fokker Landing Gear along with Goodrich has introduced PMC landing gear drag braces for the Lockheed
Martin F-35 Lightning II joint strike fighter aircraft. Moreover, the conventional steel (300M and 4340 steel) is also
being replaced with AerMet100 and AF1410 alloys that offers high strength, corrosion resistance, and high fracture
toughness properties.

3 Competitive Insights
3.1 Competitive Landscape
The strategies employed to gain a significant market share in this growing industry, has been varying from mergers
and acquisitions to business expansion and partnerships. This segment provides comprehensive insights regarding
the different market development activities that the key players in the industry are adopting in order to compete
with each other directly. To lead the market as well as engage in the process of overall market growth, a company
needs to introduce new products and services in the market, improve the existing products’ framework, work in
collaboration with the top market leaders, win new contracts from aerospace and defence giants, and acquire the
relatively weaker companies into its stronghold. Some of the organic and inorganic strategies undertaken by the
key market players are listed below:
Figure 3.1
Some of the Organic & Inorganic Growth Strategies Adopted by the Key Players
Company Websites, Paid Sources, Press Release and BIS Research Analysis
ORGANIC GROWTH
STRATEGIES
INORGANIC GROWTH STRATEGIES
Partnerships/Agreements/
Contracts
Expansions Mergers & Acquisitions
Magellan
Aerospace
Heroux-Devtek
Triumph Group
SampleSample
COMPANY
NAME
Sample Sample
Sample
Safran Landing
Systems
Sample
In 2015, Heroux-Devtek a
Canadian aerospace supplier is
expanding its facilities in
Everett by investing $XX million
to develop landing gear system
for Boeing 777 and 777X
aircraft.
Sample
Sample
Sample
SPP Company

The above figure highlights some of the key strategies adopted by key players in the global aircraft landing gear
market. The consequences of the emerging strategies and developments are leading to the origination of innovative
products. Moreover, the market growth will further lead to the involvement of various companies across different
segments of the value chain. The key player’s actively participating in the aircraft landing gear market are Heroux-
Devtek, Triumph Group, Sumitomo, Precision Products Company, Magellan Aerospace, Circor Aerospace, Liebherr
Group, AAR Corp., Safran Landing Systems, and United Technologies Corporation among others.
3.2 Key Strategies and Developments
3.2.1 Partnerships, Agreements and Contracts
Partnerships and contracts have also emerged as a preferred strategy in merging the aircraft landing gear market.
The companies with identical goals are collaborating together to form joint venture programmes in order to assist
each other in achieving those goals. This helps companies gain access to each other’s technologies, and services,
thus facilitating them to achieve their objectives faster.
The following table lists the key partnerships and contracts in the aircraft landing gear market:
Table 3.1
Key Contracts, Agreements and Partnerships
Company A Company B Description Date
AAR Corp. Asiana Airlines
AAR signed a five year agreement with
Asiana Airlines to deliver overhauls and
exchange services for the landing gear
systems. It also includes assemblies and
sub-assemblies for 767-38EF-300 and 777-
200ER.
August, 2016
Sample Sample Sample Sample

3.2.2 Mergers and Acquisitions
Industry leaders in this market are now opting for the mergers and acquisitions strategy to maintain the market
position and prevent new competition from expanding their operations in the market. Established companies from
different industry verticals attempt to engage in mergers and acquisitions in order to introduce new forms of
innovations, products and services that may otherwise be non-profitable or result in a sluggish growth of the
economy if worked upon within the company.
The best strategy for established players is to use their financial resources and secure the industry through mergers
and acquisitions. The major mergers and acquisitions in aircraft landing gear market are:
Table 3.2
Mergers, Acquisitions, and Joint Venture
Acquirer Target Description Date
Transaction
Amount
GKN plc
Fokker
Technologies
GKN acquired Fokker Technologies
for a value of $XX million to
strengthen its product portfolio and
broaden its geographical footprint.
July, 2015 $XX million
Magellan
Aerospace Corp.
Heroux-Devtek Sample Sample Sample Sample

July, 2012
Constant Aviation
LLC
New Facility
The company opened a new landing gear maintenance,
repair and overhaul facility at Birmingham for servicing
Beechjet, Embraer and Hawker aircraft.
Company Websites, Paid Sources, Press Release and BIS Research Analysis
3.3 Market Key Strategies And Developments
The following figure represents the share of key strategies and developments:
Figure 3.2
Percentage Share of Strategies Adopted by the Market Players
Company Websites, Paid Sources, Press Release, Primary Interviews and BIS Research Analysis
The above figure illustrates the percentage share of strategies adopted by the market players. The prominent
players in the aircraft landing gear market adopted a strategy of contracts and partnerships to expand their
business. A majority of the companies achieved contracts from the customers while the least adopted strategy was
that of mergers and acquisitions. Hence, the existing and emerging players in the market should adopt the strategy
of partnerships and contracts to survive and succeed in such an intensely competitive environment.
Partnerships,
Agreements
and Contracts
XX%
Mergers and
Acquisitions
XX%
Other
Developments
XX%

3.4 Design and Development of the Aircraft Landing Gear
The design and development of the landing gear system consists of several stages and the designer is required to
have the knowledge of structures, dynamics, kinematics, fluid mechanics, and runway flotation. The landing gear
configuration is set on the basis of operation requirements, geometry, floatation, and mission requirements of an
aircraft. The configuration design of landing gear system includes tire sizes and its pressure, shock absorbers types,
layout of landing gear, choice of the number of wheels, retraction kinematics, and bay geometry design.
Major design drivers include performance, safety, cost, timeframe, technology and resources. Several tests are
conducted under different stages of design and development to maintain its quality and reliability.
The following figure illustrates different stages involved in the development of aircraft landing systems:
Figure 4.2
Different Stages in the Design and Development of the Landing Gear Systems
Company Websites, News Articles, Journals, Secondary Research and BIS Research Analysis
Concept Design
Sample
Sample Sample
Sample
Sample Sample
Sample
Sample

3.5 Future Landing Gear Technologies
Future landing gear design is likely to witness a change in the usage of materials and a positive shift towards More
Electric Aircraft (MEA). Over the years, MEA technology is likely to replace many components of aircrafts. For
example, hydraulic actuation system are conventionally used in the landing gear systems which are being replaced
by electrically-based actuation system. Hydraulic actuation are known for their leaks and flammability while electric
actuations offers weight advantages. Carbon composites have become a mature technology and are being widely
used for brake materials.
Figure 4.3
Future Landing Gear Technologies Meeting Market Challenges
Company Websites, News Articles, Journals, White Papers and BIS Research Analysis
Weight Volume Performance Life Cost
Development
Time
Electronic control system
for steering
Sample
Sample
Sample
Sample
Sample
Sample
Sample
Sample
TECHNOLOGY
Corrosion resistant materials
& PU/epoxy based coatings
Sample

Figure 4.4
Technology Trends for Landing Gear Design
Company Websites, News Articles, Journals, White Papers and BIS Research Analysis
Material Selection >>
Design >>
Systems >>
Analysis >>
Testing >>
Maintenance >>
Reliability >>
TECHNOLOGY TRENDDESIGN STAGE
Advanced composites, radial tires, carbon composite brake discs, ultra
high strength metallic materials
Sample
Sample
Sample
Sample
Sample
Sample

3.6 Pricing Analysis of Landing Gear Systems
Table 4.5
Pricing Analysis of Landing Gear Systems
Category Aircraft
Aircraft Cost
US$
Average
Cost of an
Aircraft US$
Average Cost-
Landing Gear
(US$)
Large Widebody
Airbus A380 XX
XX XX
Boeing 777-
200LR
XX
Boeing 777-
300ER
XX
Boeing 777F XX
Boeing 747-400 XX
Medium Widebody
Boeing 777-
200ER
XX
XX XXAirbus A330-200 XX
Airbus A330-300 XX
Airbus A330-200F XX
Small
Widebody/Narrowbody/Single
Aisle
Airbus A318 XX
XX XX
Airbus A319 XX
Airbus A320 XX
Airbus A321 XX
Airbus A320neo XX
Boeing 737-100 XX
Boeing 737-600 XX
Boeing 737-700 XX

Figure 4.5
Value Chain Analysis
Secondary Research and BIS Research Analysis
Sample
Research &
Product
Development
Sample Sample Sample
Contributes Major Value Addition to
Overall Price of the Product
• Steering Crank
• Sample
• Sample
Sample
• Sample
• Sample
• Sample
INPUT SUPPLIERS
Sample
• Sample
• Sample
• Sample
Sample

4 Commercial Aircraft Landing Gear Market By Aircraft Type
Key Findings
 The landing gear market for narrow body aircraft was estimated to account for the largest revenue of
$XX million in 2016 which was followed by landing gear market of medium wide body aircrafts with $XX
million, for large widebody aircraft with $XX million, and for regional jets with $XX million for the same
year
 Landing gear systems have undergone significant transition over the past decade with manufacturers
engaging to further develop advanced and highly effective systems. It is expected that the landing gear
market for narrow-body aircraft will grow at a CAGR of XX% in the forecast period (2016-2022). A
substantial market revenue from landing gear market for narrow-body aircraft and its extensive growth
rate is largely attributed to the increasing air passenger traffic
 Medium widebody aircraft landing gear market is estimated to be the second highest contributor to the
overall market share by 2022. It is estimated to cover more than XX% share of the global aircraft
landing gear market by 2022
 Major manufacturers are currently focusing on usage of composite materials that are light weight and
has a high strength capacity for the production of landing gear systems
 Heroux-Devtek, Circor Aerospace, Liebherr Aerospace, Safran Landing Systems, Triumph Group, UTC
Aerospace Systems, Magellan Aerospace, SPP Canada Aircraft, Eaton Corp. are some of the major
aircraft landing gear manufacturers

4.1 Segmentation of Commercial Aircraft Landing Gear Market By
Aircraft Type
Landing gear systems are of different types and are used according to the type of aircraft. Earlier skids were used
in an aircraft as a landing gear. However, with the advancement in technology, wheels were attached to the skids
and different arrangements (tail wheel type, tricycle type and tandem type landing gear system) have been used
to connect to an aircraft. Each classified aircraft has its unique set of landing gear system for taxiing, takeoff, and
landing purposes.
The following figure depicts the segmentation of the aircraft landing gear market by aircraft type:
Figure 6.1
Classification of Landing Gear Market by Aircraft Type
Expert Interviews, Annual Report, Secondary Research and BIS Research Analysis
01
03
02
04
Narrow-body
Sample
Sample
Sample

Figure 6.2
Landing Gear Market Share by Aircraft Type, 2016 and 2022
XX
XX
XX XX
2016
Narrow-
body
Medium
Widebody
Large
Widebody
Regional
Jets
XX
XX
XX
XX
2022
Narrow-body Medium
Widebody
Large
Widebody
Regional Jets
2016 2,390.69 2,202.04 177.27 75.41
2022 3,303.50 3,118.15 195.41 77.09
$Million

4.2 Medium Widebody Aircraft Landing Gear Market Size 2016-2022
The medium widebody aircraft landing gear market valued at $XX million in 2016 and is expected to reach $XX
million by 2022 at a CAGR of XX%.
Figure 6.4
Medium Widebody Aircraft Landing Gear Market Size, 2016 and 2022 ($ Million)
A wide-body aircraft is also known as twin-aisle aircraft and has seven to ten seats in capacity. Capability, efficiency
and flexibility are the three factors stimulating the growth in the widebody aircraft market. Airlines across the world
are also shifting towards widebody aircraft because of its efficiency to cover longer distances. Moreover, as the air
carriers continue to focus on versatility, there is shift from larger widebody to medium widebody aircraft. According
to Boeing Current Market Outlook, the medium widebody fleet in 2015 accounted for 1,640 aircraft worth $XX billion
which is likely to increase to 3,690 aircraft by 2035. Thus, a total of 3,470 new widebody aircrafts are expected to
be delivered through 2016-2035 and will allow the airlines to serve new and emerging markets efficiently.
Asia is one of the emerging players in the market and is expected to majorly rely on small and medium widebody
aircrafts. Similarly Europe and Middle East are expected to reeive largest number of medium widebody aircraft
deliveries. The rise in the medium widebody aircraft deliveries will provide opportunities for landing gear
manufacturers to procure more systems which will have positive impact on the market.
XX
XX
2016 2022

4.3 Regional Jets Landing Gear Market Size 2016-2022
The landing gear market for regional jets was valued at $XX million in 2016 and expected to reach $XX million in
2022 at a CAGR of XX%.
Figure 6.6
Regional Jets Landing Gear Market Size, 2016 and 2022 ($ Million)
The regional jet market is expected to grow at a slow rate due to the changing economic situation. Other factors
that hampered the market growth opportunities are as follows:
 Increasing government regulations
 Maturation of the U.S. and European air travel markets
 Scope clauses
In addition, jets with a 50-seat accommodation are charged XX% more per available seat mile than the 70-seat
jets in comparable age profiles. There is also a relative increase in fuel consumption and an increase in the operating
costs as the 50-seater aircraft ages. All these factors tends the market to grow at a slow rate. Moreover, as the new
jetliners such as Bombardier CS100, the Embraer E2 family and the Mitsubishi Regional Jet (MRJ) are expected to
enter into the service segment, the landing gear market will have wide range of opportunities.
XX
XX
2016 2022

5 Commercial Aircraft Landing Gear Market by Gear Type
Key Findings
 Nose Landing Gear (NLG) and Main Landing Gear (MLG) are the two major types of gear systems used
in an aircraft
 The main landing gear market generated the highest market revenue of $XX million in 2016 which is
followed by nose landing gear market which generated $XX million
 The main landing gear market is expected to grow at the highest CAGR of XX% in the forecast period
(2016-2022). The market is expected to produce the largest revenue by 2022 due to its huge
requirement with growing number of aircraft
 The nose landing gear market is estimated to become the second highest contributor to the overall
market share by 2022. It is estimated to cover more than XX% of the global market share by 2022
 Safran Landing Systems is one of the prominent manufacturers of main landing gear systems which has
recently developed a main landing gear system for Airbus A350-900 aircraft that has a completely new
design and uses latest technology to obtain high reliability, low weight, and low cost of ownership.
 Research initiatives are also being carried out by some leading producers in the field of landing gear
systems to replace hydraulic drive with an electric system

The following figure depicts the segmentation of the market by gear type:
Figure 7.1
Classification of Commercial Aircraft Landing Gear Market by Gear Type
5.1 Market Overview
The following table represents the estimated market size for the time period 2016-2022:
Table 7.1
Commercial Aircraft Landing Gear Market Size, by Gear Type 2016-2022 ($ Million)
Particulars 2016 2017 2018 2019 2020 2021 2022
CAGR
(2016-2022)
Main Landing Gear XX XX XX XX XX XX XX XX
Nose Landing Gear XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX
Main landing gear (MLG) system is expected to witness the highest growth due to the increased demand for aircraft
in aerospace applications. The main landing gear system market reported a revenue generation of $XX million in
2016 and is expected to grow at a CAGR of XX% to reach $XX million by 2022. The landing gear manufacturers are
investing substantially on R&D to develop an advanced landing gear system. For instance, in 2014, Liebherr-
Aerospace invested $XX million on research and development of landing gear and flight controls systems. Moreover,
Global Aircraft Landing Gear Market by Gear Type
Sample
Sample

this is currently a burgeoning market with a range of opportunities for existing market players as well as emerging
players.
The nose landing gear market registered a revenue of $XX million in 2016 and expected to grow at a CAGR of XX%
to reach $XX million by 2022. The market is expected to witness the usage of new materials for the manufacturing
of landing gear systems in the forecast period (2016-2022). Moreover, major industry players are also expanding
their business to gain market share. For example, Heroux-Devtek and Ontario Government invested $XX million
and $XX million respectively in 2015 for opening a manufacturing facility in Ontario for the production of landing
gear systems.
Figure 7.2
Commercial Aircraft Landing Gear Market by Gear Type, 2016-2022
MAIN LANDING GEAR MARKET ($ MILLION) NOSE LANDING GEAR MARKET ($ MILLION)
XX
XX
XX
XX
XX
XX
XX
2016
2017
2018
2019
2020
2021
2022
XX
XX
XX
XX
XX
XX
XX
XX
XX
2016
2017
2018
2019
2020
2021
2022

6 Commercial Aircraft Landing Gear Market by Geography
Key Findings
 Asia Pacific dominated the global market with the largest share in aircraft landing gear market and
accounted for revenue of $XX million in 2016
 It is expected that Asia Pacific will register a CAGR of XX% (2016-2022) and will reach $XX million by
2022
 Europe was the second largest market after Asia Pacific in 2016 and is likely to be so till 2022. It is then
followed by the North America
 China is the largest market for aircraft landing gear systems which is then followed by the U.S., India,
and the Middle Eastern nation
 Increase in air passenger travel, reduced weight requirements for landing gear and the rising demand
from emerging economies are the major factors driving the growth of the market
 The air carriers in North America are expected to require more number of narrow-body/single-aisle
aircraft for replacement of their fleet. It is expected that over the next 20 years (2016-2035), the region
would require 1,940 aircraft
 In 2015, European aviation market remained strong despite economic uncertainties with GDP growing
by XX% in 2015 and is forecast to grow by XX% through 2035. According to the Association of European
Airlines, the members carried 307 million passengers in 2015 which is XX% more from 2014

6.1 Segmentation of Commercial Aircraft Landing Gear Market by
Geography
Aircraft landing gear market is segmented on the basis of geography such as North America, Europe, Asia Pacific
and the Rest of the World. The geographical segmentation is further classified on the basis of countries across
several regions to understand the potential of landing gear market.
The following figure depicts the segmentation of the market by geography:
Figure 8.1
Classification of Aircraft Landing Gear Market by Geography
Expert Interviews, Secondary Research and BIS Research Analysis
01
02
03
04
U.S.
Canada
Rest of the NA
01
China
India
Japan
Rest of the Asia Pacific
03
U.K.
Germany
Spain
Rest of the Europe
02 Middle East
Latin America
Africa
04

6.2 Market Overview
The following table represents the estimated market size for the time period 2016-2022:
Table 8.1
Commercial Aircraft Landing Gear Market Size, by Geography 2016-2022 ($ Million)
Particulars 2016 2017 2018 2019 2020 2021 2022
CAGR
(2016-
2022)
North
America
XX XX XX XX XX XX XX XX
Europe XX XX XX XX XX XX XX XX
Asia Pacific XX XX XX XX XX XX XX XX
Rest of the
World
Total XX XX XX XX XX XXX XX XX
Expert Interviews, News Articles, Secondary Research and BIS Research Analysis
Landing gear systems is a major requirement for aircraft manufacturers that play a vital role during takeoff and
landing operations. The need for light weight landing gear has been a huge requirement for Original Equipment
Manufacturers (OEMs) so as to reduce the fuel consumption. Globally, Asia Pacific is one of the most prominent
region which is expected to have more number of aircraft deliveries. The market of Asia Pacific was valued at $XX
million in 2016 and is expected to grow at a CAGR of XX% to reach $XX million by 2022. Increase in air passenger
travel, reduced weight requirements for landing gear and the rising demand from emerging economies are the
major factors driving the growth of the market.
Asia Pacific dominated the market in 2016 and is likely to capture the highest share by 2022 due to the increasing
requirement for landing gear systems in the region. Rest of the World (RoW) includes the regions of the Middle-
East, Africa and Latin America which together contribute the second largest share in the market. The RoW region is
estimated to grow at a CAGR of XX% during the forecast period (2016-2022). It would be followed by Europe and
America.

Figure 8.2
Geographic Distribution of Aircraft Landing Gear Market, 2016 and 2022
XX
XX
XX
XX
XX
XX
XX
XX
North America
Europe
Asia Pacific
Rest of the World
2016 2022
XX
XX
XX
XX
2016
North America Europe
Asia Pacific Rest of the World
XX
XX
XX
XX
2022

6.3 The European Landing Gear Market Size 2016-2022
The European landing gear market is valued at $XX million in 2016 and expected to reach $XX million by 2022 at
a CAGR of XX%.
Figure 8.6
European Landing Gear Market Size, 2016-2022 ($ Million)
The European region includes countries such as Germany, the U.K., Spain, France, Italy and others. In 2015,
European aviation market remained strong despite economic uncertainties with GDP growing by XX% in 2015 and
is forecast to grow by XX% through 2035. According to the Association of European Airlines, the member airlines
carried XX million passengers in 2015 which is XX% more from 2014. It was also reported that, the passenger
traffic increased by XX% over 2014 according to the Members of the European Low Fares Association. This rise in
air traffic has made European airlines to acquire 240 new aircraft in 2015 of which majority (XX%) were single-aisle
aircraft. In addition, the market is expected to acquire more than 7,500 new aircraft worth $XX trillion over the next
two decades (2016-2035). Narrow-body aircraft are expected to have majority of the new deliveries accommodating
for XX% of the total deliveries. The demand for the replacement of aircraft will account for XX% of the total new
aircraft market in Europe.
Many of the industries’ key players are located in this region, such as: Safran Landing Systems, Fokker Technologies,
Liebherr Aerospace, Heggemann Aerospace and others.
XX XX XX
XX XX
XX
XX
2016 2017 2018 2019 2020 2021 2022

Figure 8.10
Germany Air Traffic Analysis
German Aerospace Center and BIS Research Analysis
XX
XX
XX
2000 2014 2030
XX
XX
XX
2000 2014 2030
XX
XX
XX
2000 2014 2030
Aircraft Movements
Freight Traffic
Passenger Traffic
EmbarkationsinmillionsFreightinmillionsoftonsTakeoff’sinthousand

6.3.1 India’s Landing Gear Market Size 2016-2022
Figure 8.14
India’s Aircraft Landing Gear Market Size, 2016-2022 ($ Million)
Indian aviation is on the high growth trajectory which is majorly driven by the following factors:
 Growing low cost carriers (LCC)
 Liberalization in the aviation sector
 Foreign Direct Investment (FDI)
 Growing importance for regional connectivity
The growing economic conditions has led to the increase in the air passenger traffic. During the FY 2015-16 the air
passenger traffic increased at a rate of XX% to XX million from XX million during FY 2014-15. The increase in the
air passenger traffic has led the air carriers to substantially introduce new aircraft to meet the growing demand. For
example, GoAir signed MoU with Airbus to purchase 72 A320 NEO aircraft worth $XX billion in 2016. Similarly, major
investments are also being made by air carriers in the country. Thus, the rise the number of aircraft will subsequently
generate demand for landing gear systems which will propel the market growth. The Indian aircraft landing gear
market is valued at $XX million in 2016 and is expected to grow at a CAGR of XX% during the forecast period (2016-
2022).
XX
XX
XX
XX
XX
XX
XX
2016 2017 2018 2019 2020 2021 2022

6.4 Commercial Aircraft Landing Gear Market Size in Rest of the World
2016-2022
Figure 8.16
Commercial Aircraft Landing Gear Market Size in Rest of the World 2016-2022 ($ Million)
Table 8.2
Commercial Aircraft Landing Gear Market Size in Rest of the World, 2016-2022 ($
Million)
Particulars 2016 2017 2018 2019 2020 2021 2022
CAGR
(2016-
2022)
Middle East XX XX XXX XX XX XX XX XX
Latin
America
Africa XX XX XX XX XX XX XX XX
Total XX XXX XX XX XX XX XX XX
XX
XX
XX
XX
XX
XX
XX
2016 2017 2018 2019 2020 2021 2022

The Middle East, Latin America, and Africa are the major regions included in the Rest of the World segment. The
prominent countries include Brazil, Mexico, Turkey, Saudi Arabia, and South Africa. The aircraft landing gear market
in RoW is estimated at $XX million in 2016 and is expected to grow at a CAGR of XX% during the forecast period
to reach $XX million by 2022.
The growth in the Rest of the World segment is mainly driven by the Middle Eastern region due to the following
factors:
 Widespread aggregation of major hubs
 Diverse business strategies (alliances, equity and code share, organic growth)
 Regional crossroads
Figure 8.17
Commercial Aircraft Landing Gear Market Size in Rest of the World 2016-2022 ($ Million)
XX
XX
XX
2022
XX
XX
XX
2016
CAGR:XX%
CAGR:XX%
CAGR:XX%
Middle East Latin America Africa

6.1 Safran Landing Systems
6.1.1 Company Overview
Particular Specific
Website www.safran-group.com
Contact Details
2,boulevarddu Général Martial Valin
75724 Paris Cedex 15
France
Telephone: +33 (0)1 40 60 80 80
Year of Establishment 2005
Ownership Type Public
Employees 70,087 (2015)
Net Revenue $XX billion (2015)
Company Type Manufacturer
Competitors
Honeywell Aerospace,
Sample
Sample
Sample
Sample
Subsidiaries Snecma, Morpho, Sample, Sample, Sample, Sample
Products & Services
Aviation: Aircraft engine and nacelles, engine equipment, landing
systems, electrical systems, and avionics
Space: Launcher propulsion and equipment, and satellite propulsion and
equipment
Defense: Navigation systems, missile propulsion, optronics, drones, and
avionics among others
Company Website, Annual Reports, Paid Sources, Secondary Research, and BIS Research Analysis

6.1.2 Financials
6.1.2.1 Overall Financials
Figure 9.19
Safran Group – Overall Financials, 2013-2015 ($ Million)
6.1.2.2 Segment Revenue Mix
Figure 9.20
Safran Group – Business Segment Revenue Mix, 2013-15
2013 2014 2015
Net Revenue 19,079.81 20,408.33 19,324.32
Operating Income 2,364.55 2,776.49 2,698.79
Net Income 1,627.29 1,745.11 1,700.06
0
500
1,000
1,500
2,000
2,500
3,000
0
5,000
10,000
15,000
20,000
25,000
Aerospace
Propulsion
Aircraft
Equipment
Defense Security
Holding
Company
and Other
2013 10,081.23 5,434.48 1,590.09 1,968.69 5.31
2014 10,836.15 5,909.18 1,622.83 2,033.52 6.65
2015 10,341.29 5,485.25 1,404.88 2,084.02 8.88

Safran is a global leader and supplier of equipment’s and components in the aerospace, defense and security
markets. The company currently has a strong workforce of 70,087 people with its ability to position itself in the
aerospace market. Safran also identified new opportunities of electric aircrafts and thus the corporation is
strengthening its expertise in the field of electrical systems. To strengthen the technical expertise, Safran
continuously invests in research and development activities. In 2015, the corporation invested $XX billion,
representing XX% of the net revenue. These efforts will provide an added advantage for the future development of
new products.
The corporation operates in four business segments: aerospace propulsion, aircraft equipment, defense, security.
Aircraft equipment business segment operates in five subsidiaries: Safran Landing Systems, Safran Electrical and
Power, Safran Transmission Systems, Safran Nacelles, Safran Electronics and Defense, and Safran Identity and
Security. Safran Landing Systems deliver landing gears, wheels and brakes and landing/braking systems. In the
commercial aircraft landing gear market, Safran holds around half of the share. The corporation have equipped a
fleet of 26,000 aircraft with landing gear systems.
6.1.2.3 Geographic Revenue Mix
Figure 9.21
Safran Group – Geographic Revenue Mix, 2013 - 2015
2013
2014
2015
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
France
Europe
(excluding
France)
Americas
Asia &
Oceania Africa and
Middle East
$Million
France
Europe (excluding
France)
Americas Asia & Oceania
Africa and Middle
East
2013 4,172.50 4,213.68 6,143.85 3,173.55 1,376.22
2014 4,289.01 4,419.26 7,635.68 2,619.66 1,444.73
2015 4,399.96 3,943.87 6,821.33 2,693.24 1,465.91

6.1.3 SWOT Analysis
S
W
O
T
STRENGTHS
WEAKNESSES
OPPORTUNITIES
THREATS
• The company strategic joint venture helped in expanding international operations
• Sample
• Sample
• Sample
• Sample
• Sample
• Sample
• Sample
• Sample
• Sample
• Sample

Disclaimer
BIS Research provides valuable market intelligence to an exclusive group of customers in response to orders. The
report is licensed for the customer's internal use only and is subject to restrictions set henceforth. This document
and its contents are confidential and may not be further distributed, published or reproduced, in whole or in part,
by any medium or in any form for any purpose, without the express written consent of BIS Research. Customer will
not disclose the contents of the report, whether directly in any media or indirectly through incorporation in a
database, marketing list, report or otherwise, or use or permit the use of Information to generate any statistical or
other information that is or will be provided to third parties; or voluntarily produce Information in legal proceedings.
Market reports are based on expectations, estimates and projections as of the date such information is available.
Any recommendation contained in this report may not be suitable for all investors or businesses. The market
conclusions drawn are necessarily based upon a number of estimates and assumptions that, while considered
reasonable by BIS Research as of the date of such statements, are inherently subject to market fluctuations and
business, economic and competitive uncertainties and contingencies.
For more details regarding permission, please contact us:
Email: sales@bisresearch.com
Tel: +1 650 228 0182

Global Commercial Aircraft Landing Gear Market: Analysis & Forecast: 2016-2022

Recommended

Recommended

More Related Content

What's hot

What's hot (19)

Viewers also liked

Viewers also liked (19)

Similar to Global Commercial Aircraft Landing Gear Market: Analysis & Forecast: 2016-2022

Similar to Global Commercial Aircraft Landing Gear Market: Analysis & Forecast: 2016-2022 (20)

Recently uploaded

Recently uploaded (20)

Global Commercial Aircraft Landing Gear Market: Analysis & Forecast: 2016-2022