Aircraft Gearbox Market: A Study of the Current Status and Future Prospects

 The global aircraft gearbox market size reached USD 2.65 Billion in 2021 and is expected to register a revenue CAGR of 8.1% during the forecast period to the latest analysis by Emergen Research. Rising demand for lightweight aircraft components is a key factor driving revenue growth of the market. The diameter of the fan blades, the fewer parts, and the installation of a planetary gearbox are the main distinctions between a conventional and geared turbofan. This combination led to the creation of an engine with much lower noise, emissions, and fuel consumption. By reducing the fuel consumption of turbofans by 30% and hence lowering emissions into the atmosphere, geared turbofans reduce NOx emissions and micro-particulate pollution. Pratt PurePower has improved fuel efficiency by 16%, cut carbon emissions by 50%, and reduced noise by 75%.

The global Aircraft Gearbox market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Aircraft Gearbox sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

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Competitive Outlook: The leading companies operating in the Aircraft Gearbox market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Aircraft Gearbox Market and Profiled in the Report are:

The Timken Company, Triumph Group, CEF Industries, United Technologies Corporation, Liebherr, Rexnord Aerospace, Northstar Aerospace, Safran, Avion, and Aero Gear

Objectives of the Report:

Study of the global Aircraft Gearbox market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Aircraft Gearbox market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Aircraft Gearbox market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Aircraft Gearbox market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Type Outlook (Revenue, USD Billion; 2019–2030)

    • Actuation
    • Reduction
    • Tail Rotor
    • Accessory
    • Auxiliary Power Unit
    • Others

  •  Platform Outlook (Revenue, USD Billion; 2019–2030)

    • Civil
    • Military

  • Application Outlook (Revenue, USD Billion; 2019–2030)

    • Engine
    • Airframe

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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About Emergen Research

 

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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