Aircraft Gearbox Market 2021 | Share Estimation, Consumer-Demand, Developments Plans, Industry Impact and Forecast till 2030

In a recent published report, Kenneth Research has updated the market report for Aircraft Gearbox Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Aircraft Gearbox Market products.

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“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Global Aircraft Gearbox Market is estimated to reach $6.24 billion by 2025; growing at a CAGR of 8.2% from 2017 to 2025. Various gearbox types used in aircrafts include accessory gearbox (AGB), reduction gearbox (RGB), APU-gearbox, actuation gearbox, tail rotor gearbox, and other gearbox types. In recent years, passenger traffic is increasing in developing countries, like India and China. This increased the demand for lightweight & fuel-efficient aircraft engines which decrease aircraft weight as well as enhance engine efficiency. This boost the advancement of fuel efficient aircraft engines with gearboxes, which is likely to drive the aircraft gearbox market. Current supremacy of pure-power geared turbofan (GTF) engines is the key factor driving the growth of the global aircraft gearbox market during the forecast period.

Existing supremacy of purepower geared turbofan (GTF) engines and growing demand for new aircraft are the key driving factors for the growth of the global aircraft gearbox market. However, existing backlogs in aircraft deliveries might limit the growth of the aircraft gearbox market. Furthermore, growing demand for lightweight aircraft engines as well as high investments in the field of geared turbofan engines would provide new opportunities for the growth of this market.

Global aircraft gearbox market has been categorized on the basis of gearbox type, fit, aircraft type, application, and geography. Gearbox type includes accessory gearbox (AGB), reduction gearbox (RGB), APU-gearbox, actuation gearbox, tail rotor gearbox, and other gearbox types. By fit, market is categorized into linefit and retrofit. Aircraft type includes civil aircraft (commercial passenger/cargo aircraft, general aviation aircraft, and civil helicopters) and military aircraft (transport carriers, fighter jets, and military helicopters). Application includes engine (turboshaft, turboprop, piston engine, and turbofan) and airframe.

Global aircraft gearbox market, on the basis of geography is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated into U.S., Canada, and Mexico whereas Europe segment consist of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

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The key players operating in the market are United Technologies, Aero Gear, Liebherr, Aero Gearbox International, Northstar Aerospace, PBS Velka Bites, SKF, Triumph Group, CEF Industries, LLC, and Safran, among others.

The key takeaways from the report:
The report will provide detailed analysis of Global Aircraft Gearbox Market with respect to major segments such as gearbox type, fit, aircraft type, and application

The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025

Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Aircraft Gearbox Market has been included in the report

Profile of the key players in the Global Aircraft Gearbox Market will be provided, which include key financials, product & Synthetic Platelets, new developments and business strategies

Scope of the Global Aircraft Gearbox Market:
Gearbox Type Segments
Accessory Gearbox (AGB)
Reduction Gearbox (RGB)
Actuation Gearbox
Tail Rotor Gearbox
Other Gearbox Types
Fit Segments
Aircraft Type Segments
Civil Aircraft
Commercial Passenger/Cargo Aircraft
General Aviation Aircraft
Civil Helicopters
Military Aircraft
Transport Carriers
Fighter Jets
Military Helicopters
Application Segments
Piston Engine

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Geographical Segments
North America
Rest of Europe
South Korea
Rest of Asia-Pacific
South America
Middle East

Table of Contents
Chapter 1: Prefix
1.1. Market Scope
1.2. Report Description
1.3. Research Methodology
1.3.1. Primary Research
1.3.2. Secondary Research
1.3.3. In-house Data Modeling
Chapter 2: Executive Summary
2.1. Global Aircraft Gearbox Market Year-on-Year Growth, 2017-2025(%)
Chapter 3: Market Outline
3.1. Market Inclination, Trend, Outlook and Viewpoint
3.2. Market Share Analysis: Company’s Competitive Scenario
3.3. Market Dynamics
3.3.1. Drivers Impact Analysis
3.3.2. Restraints Impact Analysis
3.3.3. Opportunities

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