Aircraft Gearbox Market Observe Substantial Growth By 2019-2024
Posted by Rohit Mane on January 2nd, 2020
Aircraft Gearbox Market: Summary
The global Aircraft Gearbox market is estimated to reach USD 4.9 Billion in 2024 at a CAGR of 4.2%. Increase demand of new aircrafts and increase in demand for lightweight aircraft Components is expected to drive the aircraft gearbox market during the forecast period. However, Engine limitations at high altitudes is expected to restrain the market during the forecast period. Increased investments in research and development of open rotor engine configuration, investments in the area of geared turbofan engine is growing and demand in fuel efficient and more environmentally friendly vehicles is expected to become an opportunity for aircraft gearbox market.
Gearbox is a part of transmission system placed along with shafts for changing rotational speed. In aircraft transmissions, gearbox is use for reducing or inceasing the speed from one point to another. Gearbox is frequently used for military aircrafts, commercial aircrafts, helicopters, and business & general aviation among others. Some key players in aircraft gearbox are Safran, Liebherr Group, United Technologies, Rexnord Corporation, and Triumph Group among others.
Aircraft Gearbox Market: Report Synopsis
This market research report offers a comprehensive analysis of key market trends in the global aircraft gearbox market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. Based on type, the aircraft gearbox market can be segmented into accessory gearbox, reduction gearbox, actuation gearbox, tail motor gearbox, auxiliary power unit (APU) gearbox and others. The segmentation by Application includes engine and airframe. The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, and the Middle East & Africa , with individual country-level analysis.
Sample Report PDF Here: https://www.forencisresearch.com/aircraft-gearbox-market-sample-pdf/
Aircraft Gearbox Market: Report Scope
The report on the aircraft gearbox market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
AIRCRAFT GEARBOX Market: Report Segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
Aircraft Gearbox Market by Type
Aircraft Gearbox Market, by Application
Aircraft Gearbox Market by Region
About Forencis Research
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About the AuthorRohit Mane
Joined: December 23rd, 2019
Articles Posted: 24
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