Market Definition
An aircraft gearbox is a transmission system placed along with shafts in an aircraft to change the rotational speed & drive different components of the engine. It plays a crucial role in attaining Revolutions Per Minute (rpm) at changing altitudes. With the growing aircraft production and constant technological developments, the demand for upgraded gearboxes across the aviation industry is escalating swiftly worldwide.
Market Insights
The Global Aircraft Gearbox Market is projected to grow at a CAGR of around 5.5% during the forecast period, i.e., 2022-27. The growth of the market is likely to be driven primarily by the rapidly growing demand for aircraft to meet the burgeoning air traveling services worldwide and the growing need for lightweight components to reduce the overall aircraft weight & bring greater fuel efficiency & cost-effectiveness. It, in turn, is resulting in massive investments by governments of different countries around the world & leading players in several research & development initiatives to bring technologically advanced & lightweight components like gearboxes for aircraft.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2017-20 |
| Base Year: 2021 | |
| Forecast Period: 2022-27 | |
| CAGR(2022-27) | 5.5% |
| Regions Covered | North America: USA, Canada, Mexico |
| Europe: Germany, France, Russia | |
| Asia-Pacific: China, India, Japan, South Korea | |
| South America: Brazil, Argentina | |
| Middle East & Africa: UAE, Saudi Arabia, South Africa | |
| Key Companies Profiled | Safran, Liebherr, United Technologies Corporation, Rexnord Aerospace, Triumph Group, PBS Velka Bites, CEF Industries, Aero Gear, Avion, Northstar Aerospace |
| Unit Denominations | USD Million/Billion |
Besides, with the advent of More Electric Aircraft (MEA), along with hybrid-electric & turbo-electric architectures, the demand for high power density & efficient gearboxes is escalating swiftly and, consequently, driving the market. Moreover, benefits like reduced high rotational speed to suitable levels for the generators of lightweight gearboxes are also driving the market.
Furthermore, the increasing inclination of most industries toward developing & procuring technologically advanced & upgraded gearboxes to attain greater efficiency in aircraft and the mounting focus on strengthening the aviation sector are other crucial aspects projected to boost the Global Aircraft Gearbox Market through 2027.
Impact of Covid-19 on the Global Aircraft Gearbox Market
The advent of Covid-19 in 2020 had a catastrophic effect on the aviation sector worldwide, where the Global Aircraft Gearbox Market was no exception. With the imposition of stringent movement restrictions & lockdowns by the governments of different countries to curb the spread of this dreadful disease, the leading players in the market witnessed several unprecedented challenges associated with the development, manufacturing, & distribution of the aircraft gearbox across the world.
Moreover, with travel bans, the aviation industry observed a severe decline in the number of air passengers & traffic amidst the crisis. It, in turn, resulted in reduced demand for aircraft & its components. Consequently, the production of gearboxes declined dramatically, which led to massive financial losses for the leading market players.
1. Introduction
1.1. Research Process
1.2. Assumption
1.3. Market Segmentation
1.4. Market Definition
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. Global Aircraft Gearbox Market Outlook, 2017-2027
4.1. Market Size and Analysis
4.1.1. By Revenues
4.2. Market Share and Analysis
4.2.1. By Gearbox Type
4.2.1.1. Accessory Gearbox
4.2.1.2. Reduction Gearbox
4.2.1.3. Actuation Gearbox
4.2.1.4. Tail Rotor Gearbox
4.2.1.5. Auxiliary Power Unit Gearbox
4.2.1.6. Others
4.2.2. By Aircraft Type
4.2.2.1. Civil
4.2.2.1.1. Commercial
4.2.2.1.2. General Aviation
4.2.2.2. Military
4.2.2.2.1. Fighter Jets
4.2.2.2.2. Military Helicopters
4.2.2.2.3. Transport Carriers
4.2.3. By End-User
4.2.3.1. Aftermarket
4.2.3.2. OEM
4.2.4. By Application
4.2.4.1. Turbofan
4.2.4.1. Turboshaft
4.2.4.1. Turboprop
4.2.4.1. Piston Engine
4.2.5. By Component
4.2.5.1. Gear
4.2.5.2. Housing
4.2.5.3. Bearings
4.2.5.4. Others
4.2.6. By Region
4.2.6.1. North America
4.2.6.2. South America
4.2.6.3. Europe
4.2.6.4. Middle East & Africa
4.2.6.5. Asia-Pacific
4.2.7. By Company
4.2.7.1. Revenue Shares
4.2.7.2. Strategic Factorial Indexing
4.2.7.3. Competitor Placement in Markntel Quadrant
5. North America Aircraft Gearbox Market Outlook, 2017- 2025
5.1. Market Size and Analysis
5.1.1. By Revenues
5.2. Market Share and Analysis
5.2.1. By Gearbox Type
5.2.2. By Type
5.2.3. By End-User
5.2.4. By Application
5.2.5. By Country
5.2.5.1. US
5.2.5.2. Canada
5.2.5.3. Mexico
5.3. The US Aircraft Gearbox Market Outlook, 2017-2027
5.3.1. Market Size and Analysis
5.3.1.1. By Revenues
5.3.2. Market Share and Analysis
5.3.2.1. By Gearbox Type
5.3.2.2. By Aircraft Type
5.3.2.3. By End User
5.3.2.4. By Application
5.3.2.5. By Component
5.4. Canada Aircraft Gearbox Market Outlook, 2017-2027
5.4.1. Market Size and Analysis
5.4.1.1. By Revenues
5.4.2. Market Share and Analysis
5.4.2.1. By Gearbox Type
5.4.2.2. By Aircraft Type
5.4.2.3. By End User
5.4.2.4. By Application
5.4.2.5. By Component
5.5. Mexico Aircraft Gearbox Market Outlook, 2017-2027
5.5.1. Market Size and Analysis
5.5.1.1. By Revenues
5.5.2. Market Share and Analysis
5.5.2.1. By Gearbox Type
5.5.2.2. By Aircraft Type
5.5.2.3. By End User
5.5.2.4. By Application
5.5.2.5. By Component
6. South America Aircraft Gearbox Market Outlook, 2017- 2027
6.1. Market Size and Analysis
6.1.1. By Revenues
6.2. Market Share and Analysis
6.2.1. By Gearbox Type
6.2.2. By Aircraft Type
6.2.3. By End User
6.2.4. By Application
6.2.5. By Component
6.2.6. By Country
6.2.6.1. Brazil
6.3. Brazil Aircraft Gearbox Market Outlook, 2017-2027
6.3.1. Market Size and Analysis
6.3.1.1. By Revenues
6.3.2. Market Share and Analysis
6.3.2.1. By Gearbox Type
6.3.2.2. By Aircraft Type
6.3.2.3. By End User
6.3.2.4. By Application
6.3.2.5. By Component
7. Europe Aircraft Gearbox Market Outlook, 2017- 2027
7.1. Market Size and Analysis
7.2. Market Size and Analysis
7.2.1. By Revenues
7.3. Market Share and Analysis
7.3.1. By Gearbox Type
7.3.2. By Aircraft Type
7.3.3. By End User
7.3.4. By Application
7.3.5. By Component
7.3.6. By Country
7.3.6.1. Germany
7.3.6.2. Italy
7.3.6.3. France
7.3.6.4. UK
7.3.6.5. Russia
7.4. Germany Aircraft Gearbox Market Outlook, 2017-2027
7.4.1. Market Size and Analysis
7.4.1.1. By Revenues
7.4.2. Market Share and Analysis
7.4.3. By Gearbox Type
7.4.4. By Aircraft Type
7.4.5. By End User
7.4.6. By Application
7.4.7. By Component
7.5. Italy Aircraft Gearbox Market Outlook, 2017-2027
7.5.1. Market Size and Analysis
7.5.1.1. By Revenues
7.5.2. Market Share and Analysis
7.5.2.1. By Gearbox Type
7.5.2.2. By Aircraft Type
7.5.2.3. By End User
7.5.2.4. By Application
7.5.2.5. By Component
7.6. France Aircraft Gearbox Market Outlook, 2017-2027
7.6.1. Market Size and Analysis
7.6.1.1. By Revenues
7.6.2. Market Share and Analysis
7.6.2.1. By Gearbox Type
7.6.2.2. By Aircraft Type
7.6.2.3. By End User
7.6.2.4. By Application
7.6.2.5. By Component
7.7. UK Aircraft Gearbox Market Outlook, 2017-2027
7.7.1. Market Size and Analysis
7.7.1.1. By Revenues
7.7.2. Market Share and Analysis
7.7.2.1. By Gearbox Type
7.7.2.2. By Aircraft Type
7.7.2.3. By End User
7.7.2.4. By Application
7.7.2.5. By Component
7.8. Russia Aircraft Gearbox Market Outlook, 2017-2027
7.8.1. Market Size and Analysis
7.8.1.1. By Revenues
7.8.2. Market Share and Analysis
7.8.2.1. By Gearbox Type
7.8.2.2. By Aircraft Type
7.8.2.3. By End User
7.8.2.4. By Application
7.8.2.5. By Component
8. Middle East & Africa Aircraft Gearbox Market Outlook, 2017- 2027
8.1. Market Size and Analysis
8.1.1. By Revenues
8.2. Market Share and Analysis
8.2.1. By Gearbox Type
8.2.2. By Aircraft Type
8.2.3. By End User
8.2.4. By Application
8.2.5. By Component
8.2.6. By Country
8.2.6.1. Saudi Arabia
8.2.6.2. UAE
8.2.6.3. Qatar
8.3. Saudi Arabia Aircraft Gearbox Market Outlook, 2017-2027
8.3.1. Market Size and Analysis
8.3.1.1. By Revenues
8.3.2. Market Share and Analysis
8.3.2.1. By Gearbox Type
8.3.2.2. By Aircraft Type
8.3.2.3. By End User
8.3.2.4. By Application
8.3.2.5. By Component
8.4. UAE Aircraft Gearbox Market Outlook, 2017-2027
8.4.1. Market Size and Analysis
8.4.1.1. By Revenues
8.4.2. Market Share and Analysis
8.4.2.1. By Gearbox Type
8.4.2.2. By Aircraft Type
8.4.2.3. By End User
8.4.2.4. By Application
8.4.2.5. By Component
8.5. Qatar Aircraft Gearbox Market Outlook, 2017-2027
8.5.1. Market Size and Analysis
8.5.1.1. By Revenues
8.5.2. Market Share and Analysis
8.5.2.1. By Gearbox Type
8.5.2.2. By Aircraft Type
8.5.2.3. By End User
8.5.2.4. By Application
8.5.2.5. By Component
9. Asia-Pacific Aircraft Gearbox Market Outlook, 2017- 2027
9.1. Market Size and Analysis
9.1.1. By Revenues
9.2. Market Share and Analysis
9.2.1. By Gearbox Type
9.2.2. By Aircraft Type
9.2.3. By End User
9.2.4. By Application
9.2.5. By Component
9.2.6. By Country
9.2.6.1. China
9.2.6.2. India
9.2.6.3. Japan
9.2.6.4. Australia
9.3. China Aircraft Gearbox Market Outlook, 2017-2027
9.3.1. Market Size and Analysis
9.3.1.1. By Revenues
9.3.2. Market Share and Analysis
9.3.2.1. By Gearbox Type
9.3.2.2. By Aircraft Type
9.3.2.3. By End User
9.3.2.4. By Application
9.3.2.5. By Component
9.4. India Aircraft Gearbox Market Outlook, 2017-2027
9.4.1. Market Size and Analysis
9.4.1.1. By Revenues
9.4.2. Market Share and Analysis
9.4.2.1. By Gearbox Type
9.4.2.2. By Aircraft Type
9.4.2.3. By End User
9.4.2.4. By Application
9.4.2.5. By Component
9.5. Japan Aircraft Gearbox Market Outlook, 2017-2027
9.5.1. Market Size and Analysis
9.5.1.1. By Revenues
9.5.2. Market Share and Analysis
9.5.2.1. By Gearbox Type
9.5.2.2. By Aircraft Type
9.5.2.3. By End User
9.5.2.4. By Application
9.5.2.5. By Component
9.6. Australia Aircraft Gearbox Market Outlook, 2017-2027
9.6.1. Market Size and Analysis
9.6.1.1. By Revenues
9.6.2. Market Share and Analysis
9.6.2.1. By Gearbox Type
9.6.2.2. By Aircraft Type
9.6.2.3. By End User
9.6.2.4. By Application
9.6.2.5. By Component
10. Global Aircraft Gearbox Market Policies, Regulations, Gearbox Type Standards
11. Global Aircraft Gearbox Market Trends & Insights
12. Global Aircraft Gearbox Market Dynamics
12.1.Growth Drivers
12.2.Challenges
12.3.Impact Analysis
13. Global Aircraft Gearbox Market Hotspot and Opportunities
14. Global Aircraft Gearbox Market Key Strategic Imperatives for Success and Growth
15. Competitive Outlook
15.1.Competition Matrix
15.1.1. Gearbox Type Portfolio
15.1.2. Brand Specialization
15.1.3. Target Markets
15.1.4. Target Gearbox Types
15.1.5. Research & Development
15.1.6. Strategic Alliances
15.1.7. Strategic Initiatives
15.2.Company Profiles (Business Description, Gearbox Type Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
15.2.1. Safran
15.2.2. Liebherr
15.2.3. United Technologies Corporation
15.2.4. Rexnord Aerospace
15.2.5. Triumph Group
15.2.6. PBS Velka Bites
15.2.7. CEF Industries
15.2.8. Aero Gear
15.2.9. Avion
15.2.10. Northstar Aerospace
16. Disclaimer
