Press Release

Aircraft Landing Gear Repair Overhaul Market to Grow with a CAGR of 5.84% Globally through to 2029

The rising demand for lightweight materials, increasing air passenger traffic, and advancements in landing gear technology are the factors driving the market in the forecast period 2025-2029.

 

According to TechSci Research report, “Aircraft Landing Gear Repair Overhaul Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Aircraft Landing Gear Repair Overhaul Market stood at USD 17.93 billion in 2023 and is anticipated to grow with a CAGR of 5.84% in the forecast period, 2025-2029. The global aircraft landing gear repair and overhaul market is witnessing a steady upward trajectory, underpinned by a confluence of trends and opportunities within the aviation industry. One prominent trend driving market growth is the increasing complexity of modern aircraft landing gear systems. As aircraft manufacturers strive for enhanced performance and efficiency, landing gear designs have become more intricate, incorporating advanced materials and technologies. Consequently, the demand for specialized repair and overhaul services capable of addressing these complexities is on the rise. This trend is particularly pronounced in the commercial aviation sector, where airlines are keen to ensure the safety and reliability of their fleets amidst growing passenger traffic and stringent regulatory standards.

The advent of predictive maintenance solutions is reshaping the landscape of aircraft landing gear repair and overhaul. Leveraging data analytics, sensor technology, and machine learning algorithms, predictive maintenance enables operators to anticipate potential issues with landing gear components before they escalate into costly failures. This proactive approach not only minimizes unplanned downtime but also optimizes maintenance schedules, leading to greater operational efficiency and cost savings. With advancements in digitalization and connectivity, the adoption of predictive maintenance solutions is expected to proliferate across the aviation industry, presenting lucrative opportunities for market players offering innovative repair and overhaul services.

The aircraft landing gear repair and overhaul market also face several challenges that warrant attention. One significant challenge is the increasing complexity of regulatory compliance requirements. As aviation safety regulations become more stringent and comprehensive, repair and overhaul providers must navigate a complex web of regulatory frameworks to ensure adherence to industry standards. This entails significant investments in training, certification, and quality management systems, adding to the operational costs and regulatory burden faced by market participants. Moreover, the evolving geopolitical landscape and trade dynamics pose additional challenges to the market, particularly concerning supply chain resilience and geopolitical risk management. As geopolitical tensions and trade disputes continue to unfold, industry stakeholders must remain vigilant and agile in navigating the associated uncertainties and disruptions.

 

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Fixed-wing aircraft, encompassing commercial airliners, business jets, and military planes, constitute a substantial portion of the aircraft landing gear repair and overhaul market. These aircraft typically operate on scheduled routes or perform specific missions, necessitating regular maintenance and repair of their landing gear systems. With the growing demand for air travel, especially in emerging economies, the fleet size of fixed-wing aircraft is expanding, driving the need for repair and overhaul services. Commercial airliners, in particular, rely heavily on efficient landing gear systems to ensure safe and timely operations. Moreover, advancements in aircraft technology, such as the introduction of composite materials and advanced landing gear designs, present opportunities for specialized repair and overhaul services catering to the evolving needs of fixed-wing aircraft operators.

Rotary-wing aircraft, including helicopters and tiltrotors, form another significant segment of the aircraft landing gear repair and overhaul market. These aircraft serve various purposes, ranging from civilian transportation to military operations and emergency medical services. Due to their versatility and capability to operate in diverse environments, rotary-wing aircraft often encounter rigorous operating conditions, leading to wear and tear of landing gear components. As a result, regular inspection, maintenance, and repair of landing gear systems are essential to ensure the safety and reliability of these aircraft. Moreover, the increasing adoption of helicopters for offshore oil and gas exploration, search and rescue missions, and law enforcement activities further augments the demand for repair and overhaul services tailored to rotary-wing aircraft.

In North America, the market benefits from a robust aviation industry and stringent safety regulations, driving demand for repair and overhaul services. With numerous major airlines and well-established maintenance facilities, there's a consistent need for advanced repair techniques, further fueling market growth. Europe & CIS regions witness a surge in demand due to increasing air traffic and the presence of renowned aerospace companies. Europe, particularly, serves as a prominent hub for aircraft MRO activities, with countries like the UK and France leading the sector. Meanwhile, in the Asia-Pacific, rapid economic development, coupled with a burgeoning aviation sector, propels the market forward. The region experiences substantial growth in both commercial and military aviation, necessitating frequent maintenance and repair of landing gear systems. South America emerges as a promising market, driven by expanding airline fleets and infrastructure development initiatives. Additionally, the Middle East & Africa region showcases notable growth prospects, fueled by rising air travel demand and increasing investments in aviation infrastructure. Despite regional variations, factors like technological advancements in repair techniques, stringent safety regulations, and growing air passenger traffic collectively contribute to driving the aircraft landing gear repair overhaul market

 

Major companies operating in Global Aircraft Landing Gear Repair Overhaul Market are:

  • Lockheed Martin Corporation
  • General Dynamics Corporation
  • RTX Corporation 
  • L3Harris Technologies, Inc.
  • Leonardo S.p.A.
  • Teledyne Technologies Incorporated
  • BAE Systems plc
  • Northrop Grumman Corporation
  • Elbit Systems Ltd.

 

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 “The global aircraft landing gear repair and overhaul market is a crucial segment within the aviation industry, dedicated to maintaining the safety and reliability of aircraft operations. This market addresses the intricate task of repairing and overhauling landing gear systems, ensuring they meet stringent airworthiness standards. With the continuous growth in air travel and the aging of global aircraft fleets, the demand for landing gear maintenance remains robust. Additionally, the development of innovative aircraft and the rise of eco-friendly practices in the aviation industry present new opportunities and challenges for market players. As technology evolves, MRO providers must stay updated to cater to modern landing gear systems effectively. The future of this market is marked by trends like predictive maintenance, advanced materials, sustainability, and automation, which will play a pivotal role in shaping its landscape.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Aircraft Landing Gear Repair Overhaul Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Aircraft Type (Fixed-Wing, Rotary-Wing), By Component Type (Landing Gear Steering System, Actuation System, and Others), By Application Type (Commercial, Military), By Region, Competition, 2019-2029F”, has evaluated the future growth potential of Global Aircraft Landing Gear Repair Overhaul Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Aircraft Landing Gear Repair Overhaul Market.


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Relevant Reports

Aircraft Landing Gear Repair Overhaul Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Aircraft Type (Fixed-Wing, Rotary-Wing), By Component Type (Landing Gear Steering System, Actuation System, and Others), By Application Type (Commercial, Military), By Region, Competition, 2019-2029F

Aerospace and Defense | Jun, 2024

The rising demand for lightweight materials, increasing air passenger traffic, and advancements in landing gear technology are the factors driving the market in the forecast period 2025-2029.

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