Aircraft Landing Gear Systems Market Share

Market Share of Aircraft Landing Gear Systems Industry

Safran SA, Liebherr-International Deutschland GmbH, Raytheon Technologies Corporation (Collins Aerospace), Honeywell International Inc., and Heroux Devtek Inc., are among the major players that are expected to have significant shares in the aircraft landing gear systems market, during the forecast period. Various initiatives and product innovations made by the companies have helped strengthen their presence in the market. Companies are focusing on expanding their manufacturing capacities to be able to cater to the increasing demand for landing gears. For instance, in February 2020, Raytheon Technologies Corporation (Collins Aerospace) announced its plans to invest USD 225 million in Landing Systems facilities. This includes constructing a new landing systems facility in Fort Worth, Texas, and expanding its carbon brake manufacturing facilities in Spokane, Washington, and Pueblo, Colorado. Such developments are expected to help the growth of the players during the forecast period.

Aircraft Landing Gear Systems Market Leaders

1. Safran SA

2. Heroux Devtek Inc.

3. Honeywell International Inc.

4. Raytheon Technologies Corporation (Collins Aerospace)

5. Liebherr-International Deutschland GmbH

*Disclaimer: Major Players sorted in no particular order