The Business Research Company’s Aircraft Gearbox Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Aircraft Gearbox Global Market Report 2023 evaluates aircraft gearbox market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global aircraft gearbox market is expected to grow from $4,484.5 million in 2027 at a rate of 8.3%. The market is then expected to grow at a CAGR of 8.6% from 2027 and reach $6,772.3 million in 2032.
The increase in demand for military helicopter is expected to positively impact the growth of the aircraft gearbox market during the forecast period. Due to the aging of helicopter components and systems of military helicopters, the market is expected to see a growing demand for aircraft gearboxes from the increasing number of new military helicopters. For example, in June 2022, the United States government and Sikorsky, a Lockheed Martin company, a US-based aircraft manufacturer, signed a five-year contract for a baseline of 120 H-60M Black Hawk helicopters, with options to reach a total of 255 aircraft to be delivered to the US Army and Foreign Military Sales (FMS) customers. Therefore, the increase in demand for military helicopters is expected to contribute to the growth of the aircraft gearbox market.
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The aircraft gearbox market segments in the report are:
1) By Component: Gear; Housing; Bearings; Other Components
2) By Aircraft Type: Civil Aviation; Military Aviation
3) By Fit: Retrofit; Linefit
4) By Gearbox Type: Accessory; Actuation; Reduction; Tail Rotor; Auxiliary Power Unit; Other Gearbox Types
5) By Application: Engine; Airframe
The table of contents in TBRC’s aircraft gearbox market report includes:
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