The Aircraft Gearbox Market research report delivers essential information consolidating the competitive landscape, worldwide, territorial, and country-explicit market size, market development investigation, a portion of the overall industry, late turns of events, and market development in division. Moreover, the Aircraft Gearbox Market research report offers data and insightful realities like income, recorded information, and the worldwide market size. It additionally features crucial angles like opportunities, driving, item scope, market outline, and driving force.
Aircraft Gearbox Market Overview
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.
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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 Regional Analysis
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 Competitive Landscape
Key Players
• Liebherr
• Safran
• Rexnord Aerospace
• Triumph Group
• The Timken Company
• United Technologies Corporation
Country Level Scope
• US
• Japan
• Germany
• U.K
• China
• India
• Brazil
• UAE
• South Africa
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Aircraft Gearbox Market 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.
Aircraft Gearbox Market 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
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Table of Contents
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
• Middle East & Africa
The Aircraft Gearbox Market report answers a number of crucial questions, including:
What are the years considered to study Aircraft Gearbox Market?
What is the compound annual growth rate (CAGR) of the Aircraft Gearbox Market?
Which region holds the largest market share in Aircraft Gearbox Market?
Which region is the fastest growing in Aircraft Gearbox Market?
Who are the major players in Aircraft Gearbox Market?
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