The Global Commercial Aircraft Landing Gear Market is witnessing steady growth as increasing air passenger traffic, rising aircraft production, fleet expansion, and modernization of existing aircraft create greater demand for reliable and advanced landing gear systems. Landing gear is a critical aircraft component that supports aircraft during take-off, landing, taxiing, and ground operations. The market was valued at USD 17.06 billion in 2022 and is projected to reach USD 22.78 billion by 2029, registering a CAGR of 4.21% during 2023–2029. Growing airline fleets and increasing aircraft deliveries are expected to remain key factors supporting market expansion.
Topics
