Global Aircraft Gearbox
Market Report
2025
Aircraft gearbox market size is USD 3.0 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global aircraft gearbox market size is USD 3.0 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Aircraft Gearbox Market Sales Revenue | $ 3 Billion | 121212 | 121212 | 121212 | 6.9% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by Component |
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Market Split by Platform |
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Market Split by End Use |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Aircraft Gearbox industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Aircraft Gearbox Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
An aircraft's gearbox is an essential part of the gearbox system. They maximize the output of airplane engines. To make sure the engine can work with the propulsion systems, they control the engine speed. Mechanics are used to increase the operational efficiency of the aircraft while in flight. Particularly during takeoff, climb, cruise, and descent, they are critical to the airplane's proper functioning. They can adjust to different flying circumstances and protect other parts from harm. Gearboxes in aircraft are useful because they increase performance and decrease fuel consumption. Gearboxes in aircraft also aid in dampening vibration and noise. These advantages make increased operating efficiency and improved passenger comfort possible.
Rising Popularity of Aviation - The increasing need for aircraft gearboxes has led to a meteoric rise in the market for such components. Several important elements impact its expansion. More and more people are opting to fly, which is a major factor. As the world's population and middle class continue to rise, airlines are responding by increasing the size of their fleets. For airlines to get the most out of their new planes or keep their old ones flying safely, they need gearboxes that are both technologically innovative and highly efficient. The market for gearboxes is experiencing significant expansion due to technological advancements that are improving its durability, efficiency, and dependability.
The primary barrier to the expansion of the aircraft gearbox market is the high cost of developing aircraft gearboxes. Stringent federal laws also hamper the airplane gearbox industry.
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In April 2024, Liebherr is gearing up to introduce a new generation of cranes that incorporates the LICCON3 control system. The LTM 1300-6.4 will replace the LTM 1300-6.3. This year, the company's innovative crane design is now shared across three LTM models. The Liebherr LTM 1300-6.4 will be showcased at the Parisian trade show Intermat. (Source:https://www.liebherr.com/en/ind/latest-news/news-press-releases/detail/news_345344.html)
Top Companies Market Share in Aircraft Gearbox Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to the region's abundance of prominent aerospace manufacturers and operators. Gearbox components undergo regular modifications and replacements in the technologically advanced aircraft sector of North America, which prioritizes innovation and performance. Investments in defense and the region's strong military aviation sector also support the market's growth.
Asia-Pacific stands out as the fastest-growing region in the aircraft gearbox market because of its thriving aircraft industry. The region's industrial and military aviation sectors are seeing strong expansion due to factors such as rising economies, greater passenger traffic statistics, and government investments. Aircraft gearboxes are thus in high demand due to rising aircraft acquisition and fleet growth.
The current report Scope analyzes Aircraft Gearbox Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Aircraft Gearbox Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Aircraft Gearbox Industry growth. Aircraft Gearbox market has been segmented with the help of its Type, Application Component, and others. Aircraft Gearbox market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on the current trends and future market projects, Aircraft Gearbox market size is projected from 2019 to 2031, with both quantitative and qualitative analysis based on the Type segmentation analysis of the Aircraft Gearbox. This helps to understand the fastest-growing segments, such as industrial robots, electric motors, material handling systems, or construction equipment, and others. Type segment analysis gives detailed insights into the factors driving growth, such as technological innovations, automation, and energy efficiency. For instances segments like smart machinery and electric-powered equipment are becoming more popular as industries move towards sustainable and cost-effective solutions.
To better understand the performance of each Type segment, several factors are considered. These include technological advancements like IoT and AI integration, changes in consumer demand for more energy-efficient or customizable operation and pricing trends driven by raw material costs and labor. Regulatory impacts also play a role, especially with environmental and safety regulations. This type of analysis offers a clear view of how different types will evolve over time, helping businesses make smarter decisions on investments and strategies. (Report will provide you with customized data, and detailed insight on purchase of paid version of the report)
Type of Aircraft Gearbox analyzed in this report are as follows:
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This report provides a comprehensive forecast of revenue growth for the Aircraft Gearbox industry at the global, regional, and country levels, from 2019 to 2031. It includes a detailed analysis of the latest industry trends and identifies key opportunities for each Application segment of machinery and equipment. The analysis covers demand across various end-use industries, such as automotive, HVAC, construction, energy, and others. By examining these application segments, the report helps stakeholders understand the factors driving growth in specific sectors and identify high-potential areas for investment and innovation. To perform a thorough Application segment analysis, the report considers several key factors. These include industry-specific demand patterns, technological advancements in machinery, and regional growth trends that influence specific applications. Additional factors such as regulatory requirements, supply chain dynamics, end-user preferences, and market competition are also examined to assess how they impact the adoption and performance of machinery in different sectors. The analysis further includes confidential insights like value chain evaluation, patent trends, and company performance metrics (through a Company Evaluation Quadrant), providing a complete view of each application’s evolution within the machinery and equipment market. (Report will provide you with customized data, and detailed insight on purchase of paid version of the report)
Some of the key Application of Aircraft Gearbox are:
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According to cognitive market research, Gears is the dominant category. Gears are essential parts that transmit rotational and torque forces from the engine to the propeller or rotor. Strict safety and dependability requirements are placed on them. An increasingly important component of modern aircraft, gear technology allows for more effective use of fuel and new forms of power. Significant investments and developments in this category have solidified its dominance in the aviation gearbox market, driven by the requirement for gear solutions that are lightweight, durable, and high-performance.
Senior Research Analyst at Cognitive Market Research
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Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Aircraft Gearbox Market is witnessing significant growth in the near future.
In 2023, the Accessory gearbox segment accounted for noticeable share of global Aircraft Gearbox Market and is projected to experience significant growth in the near future.
The Engine segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Safran (France) , Triumph Group (US) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Accessory gearbox, Reduction gearbox, Actuation gearbox, Tail rotor gearbox, Auxiliary power unit gearbox, Others |
Application | Engine, Airframe |
Component | Gear, Housing, Bearings |
Platform | Civil Aircraft, Military Aircraft |
End Use | OEM, Aftermarket |
List of Competitors | Safran (France), Liebherr (Switzerland), Triumph Group (US), The Timken Company (US), Rexnord Aerospace (US) |
This chapter will help you gain GLOBAL Market Analysis of Aircraft Gearbox. Further deep in this chapter, you will be able to review Global Aircraft Gearbox Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Aircraft Gearbox. Further deep in this chapter, you will be able to review North America Aircraft Gearbox Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Aircraft Gearbox. Further deep in this chapter, you will be able to review Europe Aircraft Gearbox Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Aircraft Gearbox. Further deep in this chapter, you will be able to review Asia Pacific Aircraft Gearbox Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Aircraft Gearbox. Further deep in this chapter, you will be able to review South America Aircraft Gearbox Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Aircraft Gearbox. Further deep in this chapter, you will be able to review Middle East Aircraft Gearbox Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Aircraft Gearbox. Further deep in this chapter, you will be able to review Middle East Aircraft Gearbox Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Aircraft Gearbox. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by Component Analysis 2021 - 2033
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Chapter 13 Market Split by Platform Analysis 2021 - 2033
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Chapter 14 Market Split by End Use Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Aircraft Gearbox market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 16 Research Methodology and Sources
Why Accessory gearbox have a significant impact on Aircraft Gearbox market? |
What are the key factors affecting the Accessory gearbox and Reduction gearbox of Aircraft Gearbox Market? |
What is the CAGR/Growth Rate of Engine during the forecast period? |
By type, which segment accounted for largest share of the global Aircraft Gearbox Market? |
Which region is expected to dominate the global Aircraft Gearbox Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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