24 October 2019
Visiongain has launched a new Aerospace report Aircraft Gearbox Market Report 2019-2029 Forecasts by Application (Turbofan, Turboshaft, Turboprop, Piston Engine, and Airframe), by Gearbox Type (Accessory Gearbox, Reduction Gearbox, Actuation Gearbox, Tail Rotor Gearbox, Auxiliary Power Unit Gearbox), by Aircraft Type (General Aviation, Commercial Passenger, and Military Aircraft PLUS Profiles of Leading Companies and Regional and Leading National Market Analysis.
The global Aircraft Gearbox market is expected to grow at a lucrative rate during the forecast period. Aircraft gearbox is used to drive the electric generator, hydraulic pump and air-starter turbines. Companies are targeting to customized gearbox requirements from the end-users. Based on the type of the gearbox, accessory gearbox is primarily used in commercial and military aircraft to carry passengers and cargo units for tactical purposes. By aircraft type, the civil aircraft is expected to hold largest market share and is expected to remain dominant over the forecast period.
Major trend identified in the global aircraft gearbox market is demand for lightweight material to improve fuel efficiency. This has led to the development of fuel-efficient engines, where gearboxes play a significant role. The increasing deliveries and orders of new commercial aircraft in the region have been one of the key factors driving the aircraft gearbox market in the region.
Some of the major players operating in the global aircraft electric Aircraft Gearbox market are Safran, Liebherr, United Technologies, Rexnord Aerospace, Triumph Group, PBS Velká
CEF Industries, Aero Gear, ZF Luftfahrttechnik, Avion, Northstar Aerospace, Aerocontrolex Aero Gearbox, SKF, and Avio Aero. These companies are increasingly focusing on research and development activities so as to gain competitive advantage. These companies are taking various strategic initiatives such as mergers, acquisitions, and partnerships so as to increase their presence in the global market.
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