Aircraft Gearbox Market - Trends Forecast Till 2028

Aircraft Gearbox Market by Application (Engine, Airframe), Type (Reduction, Accessory, Actuation, Tail Rotor, APU), End User (OEM, Aftermarket), Platform (Civil, Military), Component (Gears, Housing, Bearing), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: November, 2021

Base Year Estimate: 2020

Report ID: D-AD-AGM-439

Format:  

Number of Pages: 273

Domain: Aerospace & Defense

Aircraft Gearbox Market – Trends Forecast Till 2028

Aircraft Gearbox Market is projected to grow from an estimated USD 2.6 billion in 2021 to USD 3.6 billion by 2026, at a CAGR of 6.9% during the forecast period 2021-2028

A propeller speed reduction unit is a gearbox or a belt and pulley device used to reduce the output revolutions per minute (rpm) from the higher input rpm of the powerplant. In aircraft, transmission usually refers to the whole system, that transmits power between two points, say between the MGB and the tail rotor. Gearbox is usually a component of the transmission system (along with shafts, for example) which is used for changing rotational speed.

Increasing new technologies and demand of going aircrafts is the factor that has supported long-term expansion for Aircraft Gearbox Market.

The COVID-19 impact has been analysed for three scenarios: realistic, optimistic, and pessimistic. The realistic scenario has been considered for further calculations.

Aircraft Gearbox Market Report

The North American region is estimated to lead the aircraft gearbox market in the forecast period. The growth of the North American aircraft gearbox market is primarily driven by increasing focus on increasing investments in R&D of aircraft gearbox by countries in this region.

Aircraft Gearbox Market is segmented into end user, platform, type, application, component and region.

On the basis of End-User

  • OEM
  • Aftermarket                                               

On the basis of Platform

  • Civil
  • Military

On the basis of Type

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

On the basis of Component

  • Gear
  • Housing
  • Bearings

On the basis of Application

  • Engine
  • Airframe

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Aircraft Gearbox Market Primary Respondent

 

Key Players

  • Liebherr
  • Safran
  • Rexnord Aerospace
  • Triumph Group
  • The Timken Company
  • United Technologies Corporation 

Recent Developments

  • In October 2021, Regal Beloit acquired Rexnord’s Process and Motion control unit, allowing Regal to expand its reach in power transmissions and motion control solution
  • In June 2021, Airbus Helicopters and ZF Friedrichshafen AG have inked an agreement for Airbus Helicopters to acquire ZF Luftfahrttechnik GmbH as part of its plan to improve its maintenance, repair, and overhaul (MRO) capabilities.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Aircraft Gearbox Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 2.6billion

Growth Rate

CAGR of 6.9% during the forecasting period, 2021-2026

Historical Data

2018-2019

Forecast Years

2021-2026

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2026

Report Segmentation

end user, platform, type, application, component and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Liebherr, Safran, Rexnord Aerospace, Triumph Group, The Timken Company, and United Technologies Corporation.

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