Aircraft Gearbox Market Research Report - Global Forecast till 2027

Global Aircraft Gearbox Market Research Report: Information By End User (OEM and Aftermarket), Gearbox Type (Accessory Gearbox, Reduction Gearbox, Actuation Gearbox, Tail Rotor Gearbox, Auxiliary Power Unit Gearbox and Others), Aircraft Type (Civil Aircraft and Military Aircraft), Component (Gears, Housing, Bearing and Others), Application (Engine and Airframe) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/A&D/8844-HCR | February, 2021 | Region : Global

Market Scenario


Global Aircraft Gearbox Market is projected to register a CAGR of 4.12% during the forecast period, 2020 to 2026. A gearbox is the component of a transmission system of aircraft gearbox placed along with shafts for changing rotational speed. In aircraft transmissions, a gearbox is used for reducing or increasing the speed at different points. Gearboxes have applications in military aircraft, commercial aircraft, helicopters, and business and general aviation.


Market Synopsis


Global Aircraft Gearbox Market is expected to register significant growth during the forecast period owing to factors such as the increasing number of aircraft deliveries and the growing demand for lightweight aircraft components. Furthermore, the growing investments in geared turbofan engines are also expected to drive the growth of the market. Additionally, the increasing contracts between companies such as SKF and the United Technologies Corporation are also expected to drive the growth of the market. For example, in March 2019, United Technologies Corporation and SKF signed a contract to deliver roller bearings, ball bearings, and main shaft bearings for United Technologies Corporation’s aerospace business.


However, issues related to spalling, frosting and manufacturing defects, and high cost of development might hamper the growth of the market.


Market USP


The introduction of 3D printing for manufacturing aircraft parts helps reduce the cycle time of the manufacturing process. Additionally, complex aircraft parts such as gearboxes, fairings, doors, and others can be easily manufactured using 3D printing technology. This is expected to contribute to market growth during the forecast period.


Market Drivers



  • Increasing air traffic

  • Growing demand for new aircraft: The increasing demand for new aircraft owing to the rising air passenger traffic and airborne trade activities across the world.

  • Rising demand for lightweight aircraft components


Market Restraints



  • Issues related to spalling, frosting and manufacturing defects

  • High cost of development

  • Use of turboprop engines at high altitudes


Segmentation


By End-User



  • OEM: The segment dominated the market during the review period. The rising demand for new aircraft is expected to drive the demand for OEM aircraft gearbox in the global market.

  • Aftermarket: The segment is expected to grow at a higher CAGR during the forecast period, 2020 to 2026, owing to the large global aircraft fleet in operation is driving the demand for aftermarket for services for aircraft gearbox.


By Aircraft Type



  • Civil Aircraft: The segment dominated the market in 2019 and is expected to grow at the highest CAGR during the forecast period. The increasing commercial aircraft orders due to the rising air cargo across the world and rising air passenger traffic are expected to drive the growth of the segment.

  • Military Aircraft: The segment is expected to grow with a significant CAGR during the forecast period, 2020 to 2026, owing to the growing military expenditure of countries such as China and India.


By Component



  • Gears: The segment dominated the market in 2019 and is expected to grow at the highest CAGR during the forecast period, as they are used to transmit rotations and forces from the driving shaft to the driven shaft, which is expected to drive the growth of the segment.

  • Housing: The segment is expected to grow as housing components offer safety to interior mechanisms.

  • Bearing: The segment is expected to grow with a significant CAGR during the forecast period, 2020 to 2026, as bearings constrains relative motion to only the desired motion and reduces friction between moving parts.

  • Others: The others segment includes components such as the shafts, couplings, and covers.


By Region



  • North America: North America dominated the global aircraft gearbox market in 2019 due to the presence of prominent companies such as Raytheon Technologies Corporation and Rexnord Corporation.

  • Europe: The presence of prominent aircraft OEMs such as Airbus S.A.S is expected to drive the market growth in the region.

  • Asia-Pacific: The market in this region is projected to register the highest CAGR during the forecast period. The growing aviation industry in China, Japan and India is expected to increase the demand for aircraft gearbox in the region.

  • Rest of the World: Increasing aircraft deliveries in Gulf countries, Brazil, and South Africa are expected to increase the demand for aircraft gearbox in the region. Additionally, increasing investment by prominent airlines such as the Qatar Airlines and the Emirates Group in aircraft gearbox is expected to drive the market growth in the region.


Key Players



  • Safran (France)

  • Liebherr (Germany)

  • Raytheon Technologies Corporation (US)

  • Rexnord Corporation (US)

  • Triumph Group (US)

  • Rolls-Royce plc (UK)

  • PBS Group, a. s. (Czech Republic)

  • CEF Industries, LLC (US)

  • AERO GEAR (US)

  • ZF Luftfahrttechnik GmbH (Germany)


Other Prominent Players



  • Avion Group (Netherlands)

  • Northstar Aerospace (US)

  • AeroControlex (US)

  • AERO GEARBOX INTERNATIONAL (UK)

  • SKF (Sweden)

  • Aviop.A. (Italy)

Table of Contents

1. Executive Summary

1.1. Market Attractiveness Analysis

1.1.1. Global Aircraft Gearbox Market, by End User

1.1.2. Global Aircraft Gearbox Market, by Gearbox Type

1.1.3. Global Aircraft Gearbox Market, by Aircraft Type

1.1.4. Global Aircraft Gearbox Market, by Component

1.1.5. Global Aircraft Gearbox Market, by Application

1.1.6. Global Aircraft Gearbox Market, by Region

2. Market Introduction

2.1. Market Definition

2.2. Scope of the Study

2.3. Market Structure

2.4. Key Buying Criteria

2.5. Market Factor Indicator Analysis

3. Research Methodology

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Application Estimation

3.5. Forecast Model

3.6. List of Assumptions

4. Market Insights

5. Market Dynamics

5.1. Introduction

5.2. Drivers

5.2.1. Increasing air traffic

5.2.2. Growing demand for new aircraft

5.2.3. Rising demand for lightweight aircraft components

5.2.4. Drivers Impact Analysis

5.3. Restraints

5.3.1. Issues related to spalling, frosting and manufacturing defects

5.3.2. High cost of development

5.3.3. Restraints Impact Analysis

5.4. Opportunities

5.5. Market/Technological Trends

5.6. Patent Trends

5.7. Regulatory Landscape/Standards

6. Market Factor Analysis

6.1. Supply Chain Analysis

6.1.1. R&D

6.1.2. Manufacturing

6.1.3. Distribution & Sales

6.1.4. Post-Sales Monitoring

6.2. Porter’s Five Forces Analysis

6.2.1. Threat of New Entrants

6.2.2. Bargaining Power of Suppliers

6.2.3. Bargaining Power of Buyers

6.2.4. Threat of Substitutes

6.2.5. Intensity of Rivalry

7. Global Aircraft Gearbox Market, by End User

7.1. Introduction

7.2. OEM

7.3. Aftermarket

8. Global Aircraft Gearbox Market, by Gearbox Type

8.1. Introduction

8.2. Accessory Gearbox

8.3. Reduction Gearbox

8.4. Actuation Gearbox

8.5. Tail Rotor Gearbox

8.6. Auxiliary Power Unit Gearbox

8.7. Others

9. Global Aircraft Gearbox Market, by Aircraft Type

9.1. Introduction

9.2. Civil Aircraft

9.3. Military Aircraft

10. Global Aircraft Gearbox Market, by Component

10.1. Introduction

10.2. Gears

10.3. Housing

10.4. Bearing

10.5. Others

11. Global Aircraft Gearbox Market, by Application

11.1. Introduction

11.2. Engine

11.3. Airframe

12. Global Aircraft Gearbox Market, by Region

12.1. Introduction

12.2. North America

12.2.1. US

12.2.2. Canada

12.3. Europe

12.3.1. UK

12.3.2. Germany

12.3.3. France

12.3.4. Italy

12.3.5. Russia

12.3.6. Rest of Europe

12.4. Asia-Pacific

12.4.1. China

12.4.2. India

12.4.3. Japan

12.4.4. South Korea

12.4.5. Rest of Asia-Pacific

12.5. Rest of the World

12.5.1. Latin America

12.5.2. Middle East & Africa

13. Competitive Landscape

13.1. Competitive Overview

13.2. Competitor Dashboard

13.3. Major Growth Strategies in the Global Aircraft Gearbox Market

13.4. Competitive Benchmarking

13.5. Market Share Analysis

13.6. Leading Player in Terms of Number of Developments in the Global Aircraft Gearbox Market

13.7. Key Developments & Growth Strategies

13.7.1. Product Launches/Service Deployments

13.7.2. Mergers & Acquisitions

13.7.3. Joint Ventures

14. Company Profiles

14.1. Key Market Players

(Company overview, products & services offered, financial overview, key developments, SWOT analysis, and key strategies to be covered for public companies)

14.2. Safran

14.3. Liebherr

14.4. Raytheon Technologies Corporation

14.5. Rexnord Corporation

14.6. Triumph Group

14.7. Rolls-Royce plc

14.8. PBS Group, a. s.

14.9. CEF Industries, LLC

14.10. AERO GEAR

14.11. ZF Luftfahrttechnik GmbH

15. Other Prominent Players

15.1. Avion Group

15.2. Northstar Aerospace

15.3. AeroControlex

15.4. AERO GEARBOX INTERNATIONAL

15.5. SKF

15.6. Avio S.p.A.

16. Appendix

16.1. References

16.2. Related Reports

16.3. List of Abbreviations


List of Tables

TABLE 1 List of Assumptions

TABLE 2 Major Patents Granted for Aircraft Gearbox (2020–2027)

TABLE 3 Global Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 4 Global Aircraft Gearbox Market, by Gearbox Type, 2020–2027(USD Million)

TABLE 5 Global Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 6 Global Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 7 Global Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 8 Global Aircraft Gearbox Market, by Region, 2020–2027 (USD Million)

TABLE 9 North America: Aircraft Gearbox Market, by Country, 2020–2027(USD Million)

TABLE 10 North America: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 11 North America: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 12 North America: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 13 North America: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 14 North America: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 15 US: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 16 US: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 17 US: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 18 US: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 19 US: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 20 Canada: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 21 Canada: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 22 Canada: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 23 Canada: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 24 Canada: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 25 Europe: Aircraft Gearbox Market, by Country, 2020–2027 (USD Million)

TABLE 26 Europe: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 27 Europe: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 28 Europe: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 29 Europe: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 30 Europe: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 31 UK: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 32 UK: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 33 UK: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 34 UK: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 35 UK: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 36 Germany: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 37 Germany: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 38 Germany: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 39 Germany: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 40 Germany: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 41 France: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 42 France: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 43 France: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 44 France: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 45 France: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 46 Italy: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 47 Italy: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 48 Italy: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 49 Italy: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 50 Italy: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 51 Russia: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 52 Russia: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 53 Russia: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 54 Russia: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 55 Russia: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 56 Rest of Europe: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 57 Rest of Europe: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 58 Rest of Europe: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 59 Rest of Europe: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 60 Rest of Europe: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 61 Asia-Pacific: Aircraft Gearbox Market, by Country, 2020–2027 (USD Million)

TABLE 62 Asia-Pacific: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 63 Asia-Pacific: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 64 Asia-Pacific: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 65 Asia-Pacific: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 66 Asia-Pacific: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 67 China: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 68 China: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 69 China: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 70 China: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 71 China: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 72 India: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 73 India: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 74 India: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 75 India: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 76 India: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 77 Japan: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 78 Japan: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 79 Japan: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 80 Japan: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 81 Japan: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 82 South Korea: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 83 South Korea: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 84 South Korea: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 85 South Korea: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 86 South Korea: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 87 Rest of Asia-Pacific: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 88 Rest of Asia-Pacific: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 89 Rest of Asia-Pacific: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 90 Rest of Asia-Pacific: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 91 Rest of Asia-Pacific: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 92 Rest of the World: Aircraft Gearbox Market, by Region, 2020–2027 (USD Million)

TABLE 93 Rest of the World: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 94 Rest of the World: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 95 Rest of the World: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 96 Rest of the World: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 97 Rest of the World: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 98 Latin America: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 99 Latin America: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 100 Latin America: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 101 Latin America: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 102 Latin America: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 103 Middle East & Africa: Aircraft Gearbox Market, by End User, 2020–2027 (USD Million)

TABLE 104 Middle East & Africa: Aircraft Gearbox Market, by Gearbox Type, 2020–2027 (USD Million)

TABLE 105 Middle East & Africa: Aircraft Gearbox Market, by Aircraft Type, 2020–2027 (USD Million)

TABLE 106 Middle East & Africa: Aircraft Gearbox Market, by Component, 2020–2027 (USD Million)

TABLE 107 Middle East & Africa: Aircraft Gearbox Market, by Application, 2020–2027 (USD Million)

TABLE 108 The Most Active Players in the Global Aircraft Gearbox Market

TABLE 109 Contracts & Agreements

TABLE 110 Mergers & Acquisitions

TABLE 111 Product/Service Developments

TABLE 112 Expansions & Components

TABLE 113 Joint Ventures & Partnerships


List of Figures

Figure 1 Market Synopsis

Figure 2 Global Aircraft Gearbox Market: Market Attractiveness Analysis

Figure 3 Global Aircraft Gearbox Market Analysis, by End User

Figure 4 Global Aircraft Gearbox Market Analysis, by Gearbox Type

Figure 5 Global Aircraft Gearbox Market Analysis, by Aircraft Type

Figure 6 Global Aircraft Gearbox Market Analysis, by Component

Figure 7 Global Aircraft Gearbox Market Analysis, by Application

Figure 8 Global Aircraft Gearbox Market Analysis, by Region

Figure 9 Global Aircraft Gearbox Market: Market Structure

Figure 10 Key Buying Criteria for Aircraft Gearbox Technologies

Figure 11 Research Process of MRFR

Figure 12 North America: Market Application & Market Share, by Country, 2020 vs 2027

Figure 13 Europe: Market Application & Market Share, by Country, 2020 vs 2027

Figure 14 Asia-Pacific: Market Application & Market Share, by Country, 2020 vs 2027

Figure 15 Rest of the World: Market Application & Market Share, by Region, 2020 vs 2027

Figure 16 Market Dynamics Overview

Figure 17 Drivers Impact Analysis: Global Aircraft Gearbox Market

Figure 18 Restraints Impact Analysis: Global Aircraft Gearbox Market

Figure 19 Porter’s Five Forces Analysis of the Global Aircraft Gearbox Market

Figure 20 Supply Chain: Global Aircraft Gearbox Market

Figure 21 Global Aircraft Gearbox Market Share, by End User, 2020 (% Share)

Figure 22 Global Aircraft Gearbox Market Share, by Gearbox Type, 2020 (% Share)

Figure 23 Global Aircraft Gearbox Market Share, by Aircraft Type, 2020 (% Share)

Figure 24 Global Aircraft Gearbox Market Share, by Component, 2020 (% Share)

Figure 25 Global Aircraft Gearbox Market Share, by Application, 2020 (% Share)

Figure 26 Global Aircraft Gearbox Market Share, by Region, 2020 (% Share)

Figure 27 North America: Aircraft Gearbox Market Share, by Country, 2020 (% Share)

Figure 28 Europe: Aircraft Gearbox Market Share, by Country, 2020 (% Share)

Figure 29 Asia-Pacific: Aircraft Gearbox Market Share, by Country, 2020 (% Share)

Figure 30 Rest of the World: Aircraft Gearbox Market Share, by Region, 2020 (% Share)

Figure 31 Competitor Dashboard: Global Aircraft Gearbox Market

Figure 32 Capital Market Ratios and Financial Matrix

Figure 33 Contracts & Agreements: The Major Strategy Adopted by Key Players in the Global Aircraft Gearbox Market

Figure 34 Benchmarking of Major Competitors

Figure 35 Major Service Providers Market Share Analysis, 2020

Aircraft Gearbox Market