#Aircraft Gearbox Market Share
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The Future of Aircraft Gearbox Industry: A Focus on Sustainability and Innovation
The Global Aircraft Gearbox Market is poised for significant growth in the coming years. With a projected market size increase from USD 3.0 Billion in 2023 to USD 4.2 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 6.9% from 2023 to 2028, this industry is experiencing transformative changes driven by technological advancements, regulatory demands, and evolving consumer expectations.
This report provides a comprehensive analysis of the Aircraft Gearbox Market, covering critical aspects such as market statistics, market size, market trends, and industry drivers. We will explore the factors contributing to this growth, the challenges faced by the industry, and the opportunities for future expansion.
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1. Market Overview
1.1 Market Size and Growth
The aircraft gearbox market is projected to grow from USD 3.0 billion in 2023 to USD 4.2 billion by 2028. This growth trajectory is fueled by several key factors:
Increasing Air Passenger Traffic: The global rise in air travel, especially in emerging markets, is driving the demand for new aircraft and, consequently, gearboxes.
Fuel-Efficient Aircraft: There is a growing demand for fuel-efficient aircraft, which necessitates the use of advanced gearbox technologies to enhance performance and reduce emissions.
Technological Advancements: Innovations in gearbox technology are leading to improved performance, safety, and reliability.
Regulatory Standards: Stringent regulations emphasizing aircraft safety and environmental standards are pushing manufacturers to adopt new technologies and materials.
1.2 Geographical Insights
The market dynamics vary significantly across different regions:
North America: As a hub of technological innovation, North America leads in adopting advanced gearbox technologies. The region's mature aviation sector and stringent regulatory environment drive the demand for high-performance gearboxes.
Europe: Europe is witnessing significant growth due to the expansion of the commercial aviation sector and the increasing focus on sustainable aviation solutions.
Asia-Pacific: The Asia-Pacific region is emerging as a significant player in the market, driven by increasing air travel, urbanization, and investments in aviation infrastructure.
Rest of the World: Regions such as the Middle East, Africa, and Latin America are expected to experience rapid growth due to expanding air connectivity and increasing disposable incomes.
1.3 Market Segmentation
The aircraft gearbox market is segmented based on various criteria, including type, application, and platform.
1.3.1 Type Segmentation
Reduction Gearboxes: These are crucial for adjusting the rotational speed of engines to suitable levels for efficient propulsion.
Accessory Gearboxes: Used to drive auxiliary components, these gearboxes are integral to the aircraft's overall functionality.
Transfer Gearboxes: These help in the distribution of power between different components within the aircraft.
1.3.2 Application Segmentation
Civil Aircraft: This segment is projected to hold a significant market share, driven by increasing air passenger traffic and the demand for commercial aircraft.
Military Aircraft: The military sector continues to invest in advanced gearbox technologies to enhance performance and reliability.
1.3.3 Platform Segmentation
Commercial Aviation: The largest segment, fueled by rising passenger numbers and fleet expansion.
Business Aviation: Growth in private air travel and luxury air services boosts this segment.
Military Aviation: Innovations in defense technologies drive demand for specialized gearboxes.
2. Market Trends
2.1 Electrically Actuated Gearboxes
The industry is witnessing a growing emphasis on electrically actuated gearboxes, which offer several advantages over traditional systems:
Enhanced Fuel Efficiency: Electric actuation reduces energy losses, contributing to better fuel efficiency.
Reduced Emissions: By minimizing the reliance on hydraulic and pneumatic systems, emissions are significantly reduced.
Improved Reliability: Electric systems offer more precise control and require less maintenance.
2.2 Lightweight Materials
The use of lightweight materials is a prominent trend in the aircraft gearbox market:
Advanced Composites: Materials like carbon fiber composites are being used to manufacture lightweight gearboxes.
High-Strength Alloys: These materials offer durability and weight reduction, enhancing overall aircraft performance.
2.3 More Electric Aircraft (MEA)
The shift towards More Electric Aircraft (MEA) is reshaping the market:
Electrically Powered Components: The transition from traditional hydraulic systems to electric systems is driving innovation.
Increased Efficiency: MEA technology enhances operational efficiency and reduces maintenance costs.
2.4 Integration of Advanced Technologies
Advanced technologies are becoming integral to gearbox design and manufacturing:
IoT and AI: Internet of Things (IoT) and Artificial Intelligence (AI) are enabling real-time monitoring and predictive maintenance.
Predictive Maintenance: These technologies facilitate proactive maintenance, enhancing the reliability and safety of aircraft systems.
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3. Industry Drivers
3.1 Growing Use of Lightweight Aircraft Components
The aviation industry's focus on fuel efficiency and cost reduction is driving the demand for lightweight components:
Weight Reduction: Lightweight gearboxes contribute to overall weight reduction, improving fuel efficiency and performance.
Enhanced Maneuverability: Lighter components improve aircraft agility and increase payload capacity.
3.2 Advancements in Geared Turbofan Engines
Investments in geared turbofan engines present significant opportunities:
Fuel Efficiency: Geared turbofan engines are known for their superior fuel efficiency and reduced emissions.
Technological Sophistication: The demand for high-performance gear systems is driving innovation and R&D in gearbox technologies.
3.3 Expanding Commercial Aviation Sector
The commercial aviation sector is a major driver of the aircraft gearbox market:
Fleet Expansion: Airlines are expanding their fleets to meet growing passenger demand, increasing the need for gearboxes.
Modernization of Fleets: Continuous upgrades and modernization efforts in commercial fleets are driving demand for advanced gearbox solutions.
3.4 Increasing Air Cargo Transportation
The surge in air cargo transportation is fueling market growth:
Logistics and E-commerce: The rise of e-commerce and global trade is driving demand for efficient cargo transport, necessitating reliable gearboxes.
Specialized Gear Systems: The need for specialized gear systems for cargo aircraft is expanding market opportunities.
4. Challenges in the Market
4.1 Existing Backlogs in Aircraft Deliveries
Production Delays: Backlogs in aircraft deliveries cause production delays, impacting the demand for gearboxes.
Resource Allocation: Uncertainty in demand affects resource allocation and investment in advanced technologies.
4.2 Spalling, Frosting, and Manufacturing Defects
Material Challenges: Spalling and frosting can compromise the reliability and performance of gearboxes.
Manufacturing Defects: Irregularities and inaccuracies in manufacturing can lead to premature failures and increased maintenance costs.
4.3 Technical Expertise and Workforce Development
Skilled Workforce: The need for highly skilled personnel to design, manufacture, and maintain advanced gearbox systems is a challenge.
Training and Development: Investing in workforce training and development is crucial to meet industry demands.
5. Opportunities for Growth
5.1 Increased Investments in R&D
Innovation: Continued investment in research and development is essential for advancing gearbox technologies.
Collaborations and Partnerships: Industry collaborations can drive innovation and accelerate the development of new solutions.
5.2 Expansion in Emerging Markets
Emerging Economies: Growing air travel and infrastructure development in emerging markets offer significant opportunities.
Government Initiatives: Supportive government policies and investments in aerospace sectors stimulate market growth.
5.3 Adoption of Additive Manufacturing
3D Printing: Additive manufacturing techniques like 3D printing are enabling the production of complex and lightweight gearbox components.
Cost Efficiency: These technologies reduce production costs and enhance customization capabilities.
5.4 Focus on Sustainability
Eco-friendly Solutions: The aviation industry is prioritizing sustainability, driving demand for eco-friendly gearbox solutions.
Regulatory Compliance: Meeting environmental standards and regulations is a key focus for manufacturers.
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6. Key Players and Competitive Landscape
The Aircraft Gearbox Market is dominated by a few key players, including:
Safran (France)
Liebherr (Switzerland)
Triumph Group (US)
The Timken Company (US)
Rexnord Aerospace (US)
These companies are at the forefront of technological innovation and hold a significant market share due to their strong industry relationships, focus on quality compliance, and tailored solutions.
7. Future Outlook
The future of the aircraft gearbox market is promising, with several trends and opportunities shaping its trajectory:
Technological Innovations: Ongoing advancements in technology will continue to drive market growth.
Sustainability Focus: The shift towards eco-friendly solutions will redefine industry standards and practices.
Global Expansion: Emerging markets and increased global connectivity will fuel demand for advanced gearbox systems.
The Global Aircraft Gearbox Market is on a path of sustained growth, driven by technological advancements, regulatory demands, and evolving consumer preferences. With a focus on innovation and sustainability, the industry is well-positioned to meet future challenges and capitalize on emerging opportunities.
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#Aircraft Gearbox#Aircraft Gearbox Market#Aircraft Gearbox Industry#Global Aircraft Gearbox Market#Aircraft Gearbox Market Companies#Aircraft Gearbox Market Size#Aircraft Gearbox Market Share#Aircraft Gearbox Market Growth#Aircraft Gearbox Market Statistics
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Aluminum Matrix Composites, Global Top 13 Players, Market Share and Ranking (2023)
Aluminum Matrix Composites Market Summary
Aluminum Matrix Composites is a heterogeneous mixture of aluminum metal and alloys as the matrix and metal or non-metal particles/fibers as the reinforcement phase. It is widely used in automotive parts (such as engines, brake discs, gearboxes, etc.), aerospace fields (such as helicopter landing gear, aircraft support frames, etc.), and military/defense (such as heat sinks, heat sinks and substrates, etc.).
According to the new market research report "Global Aluminum Matrix Composites Market Report 2024-2030", published by QYResearch, the global Aluminum Matrix Composites market size is projected to reach USD 2059 million by 2030, at a CAGR of 5.4% during the forecast period.
Figure. Global Aluminum Matrix Composites Market Size (US$ Million), 2019-2030
Figure. Global Aluminum Matrix Composites Top 13 Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
According to QYResearch Top Players Research Center, the global key manufacturers of @Aluminum Matrix Composites include DWA Aluminium Composites, Alvant, Triton Systems, Materion, CPS Technologies, Denka, Japan Fine Ceramics, 3M, Coherent, Grinm Metal, etc. In 2023, the global top five players had a share approximately 70.0% in terms of revenue.
Figure. Aluminum Matrix Composites, Global Market Size, Split by Product Segment
In terms of product type, currently Particle Reinforced is the largest segment, hold a share of 67.1%.
Figure. Aluminum Matrix Composites, Global Market Size, Split by Application Segment
In terms of product application, currently Aerospace is the largest segment, hold a share of 40.2%.
Figure. Aluminum Matrix Composites, Global Market Size, Split by Region
Market Drivers:
1. Downstream demand growth drives the development of the composite materials industry: Aluminum-based composite materials have the advantages of light weight, high specific strength, high specific modulus and good wear resistance. They overcome the shortcomings of a single material and give full play to the advantages of the matrix material and the reinforcing material. As the production process of aluminum-based composite materials is gradually improved and the cost is controlled, the industry is expected to show a booming trend and gradually expand in the application fields of new energy vehicles, aerospace, national defense, nuclear industry and electronics.
2. Technological upgrading will accelerate the development of the aluminum-based composite materials industry: Aluminum-based composite materials are gradually maturing in manufacturing equipment and production technology/processes, which will greatly improve the production and preparation process of aluminum-based composite materials.
3. Technological progress: With the continuous improvement of the manufacturing and processing technology of aluminum-based composite materials, its performance has been improved and the scope of application has been expanded.
4. Expansion of emerging application fields: In emerging fields such as 3D printing, electronics, optics, construction and shipbuilding, there is great potential, which will help the growth of the market size.
Trend:
1. Aluminum-based nanocomposites: By introducing nanoparticles into the metal body, the thermal stability and other properties of the material can be improved. At the same time, the nanocomposites also have excellent properties such as electrical conductivity and thermal conductivity.
2. Lightweight and high strength: Aluminum-based composites are widely used in the fields of automobiles, aerospace, etc. By using lightweight composite materials, the weight of the material structure can be reduced and fuel efficiency can be improved. At the same time, reasonable design of the manufacturing process will be able to achieve the requirements of high strength and high stiffness.
3. Multifunctional aluminum-based composites: In addition to the existing high strength, high modulus and other functions, by adding functional additives such as conductive materials and flame retardants, the thermal conductivity, flame retardancy, biocompatibility and flame retardancy of the composite materials can be achieved.
About The Authors
Jiashi Dong
Lead Author
Email: [email protected]
QYResearch Nanning Branch Analyst, as a member of the QYResearch Semiconductor Equipment and Materials Department, his main research areas include automotive electronics, semiconductor equipment, materials and thermally conductive powders. Some subdivided research topics include automotive diodes, automotive inductors, automotive lidar, radio frequency power supplies, plastic sealing machines, high-purity non-ferrous metals, battery materials, precursors, electroplating equipment, thermal conductive ball aluminum, semiconductor chemical plating solutions, semiconductor coating devices, etc. At the same time, he is also engaged in the development of market segment reports and participates in the writing of customized projects.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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Global Aircraft gearbox Market, 2020
The aircraft gearbox manufacturers have adopted agreements, contacts, and product innovation as their key strategy to expand their business and attain business growth. For instance, the US Department of Defense Logistics Agency extended an offer of USD 2.46 billion to USD4.93 billion, for one of the leading manufacturer and supplier of aircraft components, United Technologies Corp. in 2018. As per the contract, the company has to supply depot-level repairable and consumable parts such as aircraft wheels and brakes, cockpit controls, drive shafts, couplings, engine fuel controls, engine start systems, landing gears, turbine engine blades and vanes, and many others to the US Air Force. The supply has to completed by the year 2023.
According to MarkNtel Advisors, the key market players in the Aircraft Gearbox Markets industry include Safran, Liebherr, United Technologies Corporation, Rexnord Aerospace, Triumph Group, PBS Velka Bites, CEF Industries, Aero Gear, and Others.
Asia Pacific Region to Expedite at the Fastest Growth Rate
Based on the geographical segmentation, the North America region projected to hold the largest market size in the past few years. The region is anticipated to remain the largest market for commercial aircraft, due to the steadily growing aviation sector in the US. However, the Asia-Pacific region has been projected to appear as the fastest growing market in the global aviation gearbox market during 2020-25.
Market Segmentation: 1. By Gearbox Type (Accessory Gearbox, Reduction Gearbox, Actuation Gearbox, Tail Rotor Gearbox, Auxiliary Power Unit Gearbox, Others) 2. By Aircraft Type (Civil Aircraft, Military Aircraft) 3. By End User (Aftermarket, OEM) 4. By Application (Engine, Airframe) 5. By Component (Gear, Housing, Bearings, Others) 6. By Region (North America, South America, Europe, the Middle East, and Africa, Asia- Pacific) 7. By Country (US, Canada, Mexico, Brazil, Germany, Italy, France, UK, Russia, Saudi-Arabia, UAE, Qatar, China, India, Japan, Australia) 8. By Company (Safran, Liebherr, United Technologies Corporation, Rexnord Aerospace, Triumph Group, PBS Velka Bites, CEF Industries, Aero Gear, and Others)
#Aircraft gearbox Market#global Aircraft gearbox Market#Aircraft gearbox Market Trends#Aircraft gearbox Market Forecast#Aircraft gearbox Market Share#Aircraft gearbox Market Research#Aircraft gearbox Market Report
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Metal Injection Molding Market Projected to Grow at a Steady Pace During 2028
Stratview Research has published a new report on the Metal Injection Molding Market after a thorough analysis of the market. The key sources of information gathered for the report include various industry experts, suppliers, manufacturers, associations along with business distributions. The research report determines unique benefits of the various market size, share and the patent industry.
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The objective of the Metal Injection Molding Market report is to offer updated information such as the market share, size, trends, emerging markets, earnings, forecasts, and data on leading industry players. This study includes significant and vital information necessary for strategic decision making and have a competitive edge.
In view with the current pandemic analysts at Stratview Research has thoroughly analyzed and presented the following parameters under the detailed Covid – 19 impact analysis in the Metal Injection Molding Market.
Market Insights – The Metal Injection Molding Marketis projected to grow from USD 6.36 billion in 2022 to USD 8.69 billion by 2028 at a CAGR of over 5.3% during the forecast period.
Few key players operating in the Metal Injection Molding Market are-
Akron Porcelain & Plastics Co.
ARC Group Worldwide
ASH Industries
CMG Technologies
CN Innovations Holdings Ltd.
Form Technologies Company
Kinetics Climax Inc.
Nippon Piston Ring Co Ltd.
P.S.M. Industries
Smiths Metal Centres Ltd.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Metal Injection Molding Market value and growth drivers over the trend period of 2022-27. According to the report -
Metal Injection Molding Market is likely to witness an impressive CAGR of 12.0% during the forecast period. The major factors such as growing product demand from the automotive industry, rapid growth in the consumer electronics sector, investments made by the government on arms & ammunition in the U.S., and the significant production backlogs of commercial aircraft along with increase in air traffic is expected to fuel the growth of the market during the forecast period.
Segment Analysis:
Based on End-Use Industry Type:
Based on the end-user industry type, the market is segmented as automotive, consumer goods, electronics, medical, firearms, and aerospace. Automotive industry is estimated to be the major end-user industry of the metal injection molding parts industry. The growth is attributed to the high complexity and high strength of these parts which are preferred to be used in engines, gearboxes, turbochargers, etc. On the other hand, firearms industry is also one of the major sectors of the metal injection molding market as many of the firearm manufacturers use MIM technology for highly automated process, resulting in saving both time and labor cost for production, eventually boosting the growth of the market during the forecast period.
Based on Region:
In terms of regions, Asia-Pacific is estimated to be the major region in the market and the growth is attributed to the presence of several emerging economies such China and India in the region and increase in demand from various end-user industries during the forecast period. China holds around 40% share of the total metal injection molding parts demand led by a healthy growth in electronics industry in the regional market and has the world’s largest production base for electronic products contributing around 30% share of the total ICT product exports, globally. Further, other countries such as Singapore, South Korea, and Taiwan also contribute for a major share in both of the regional and global electronics industries, fueling the growth of the market over the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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Critical Questions Answered in the Report
What are the key trends in the global Metal Injection Molding Market?
How the Metal Injection Molding Market (and its various sub-segments) has grown in the last five years?
What would be the growth driver and growth rate in next five years?
What is the impact of COVID-19 on the Metal Injection Molding Market?
What are the key strategies adopted by the major vendors to lead in the Metal Injection Molding Market?
What is the market share of the key players?
Target Audience
The following is a list of the customers that the Metal Injection Molding Market aims to convert the most:
Manufacturing Organizations
Distributors & Suppliers
Potential Investors
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Aircraft Tail Rotor Gearbox Market Demand, Scope and Global Competitive Insights 2029
Aircraft Tail Rotor Gearbox Market Demand, Scope and Global Competitive Insights 2029
Aircraft tail rotor gearbox market key drivers, restraints, and opportunities along with detailed analysis of the global Vehicles market share by 2027. PORTLAND, ORAGON, UNITED STATES, September 20, 2022 /EINPresswire.com/ — Aircraft Tail Rotor Gearbox Market Outlook – 2027 The global aircraft tail rotor gearbox market is experiencing a significant growth, due to increasing commercial & military…
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Precision Gearbox Market Size, Growth to Reach US$ 34.3 Billion by 2031
According to a new market research report published by sheer analytics and insights, “The Global Precision Gearbox Market was valued at $7.4 Billion in 2020. Growing at a high CAGR of more than 14.8% between 2021 and 2031, it is estimated to reach $34.3 Billion by 2031, as per the latest market research report titled Global Precision Gearbox Market - Industry analysis, size, share, growth, trends, and forecast, 2021 – 2031.
The global Precision Gearbox Market is getting more popular than ever. Industrial automation has frequently been adopted as a full substitution when it comes to labor. This coronavirus pandemic as well as the possibility of the existence of future pandemics and it has accelerated the implementation and development of automation technologies in terms of minimizing human contact. This, in turn, is anticipated to augment the demand for precision gearboxes over the forecast period.
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Precision gearboxes are used in an extensive range of spacecraft, aircraft, and land-based defense vehicles, as well as systems, owing to their efficiency, high precision, power density, and tolerance.
In the recent market research reports that were published by Sheer Analytics & Insights, the Global Precision Gearbox Market has different segmentation. Geographically, the Global Precision Gearbox Market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, and Africa.
The key players in the Global Precision Gearbox include Key players profiled in the report include ABB Ltd, Bonfiglioli, Emerson Electric Co, Rexnord Corporation, SEW-EURODRIVE Gmbh & Co KG, Siemens AG, Brevini Power Transmission, Cone Drive Operations, and Curtis Machine Company.
Global Precision Gearbox Market Has Been Segmented Into:
Global Precision Gearbox Market, By Product Type
Overview
Parallel
Right Angle
Planetary
Global Precision Gearbox Market, By Application Type
Overview
Military & Aerospace
Food, Beverage & Tobacco
Machine Tools
Materials Handling
Packaging
Robotics
Medical
Others
Global Precision Gearbox Market: By Region
USA
Canada
Mexico
Rest of North America
UK
Germany
France
Spain
Italy
Russia
Rest of Europe
India
China
Japan
South Korea
Rest of Asia Pacific
Brazil
South Africa
UAE
Rest of LAMEA
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Apart from publishing syndicated reports (mostly client reports), we are dealing with projects primarily based on "Go to Market Strategy, Data Mining and Extraction," meaning full data analysis based on big data and many other database services and content related services.
Our products include quick turnaround datasets, TAM/PAM Analysis to full-fledged deep dive research on top trending markets.
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Sheer Analytics and Insights
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Website: https://www.sheeranalyticsandinsights.com/
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Aircraft Gearbox Market Growth Share Size Trend Growth Share, Growth, Regional Outlook And Forecast – 2027
Market Forecast
Aircraft Gearbox Market is projected to register a 4.12% CAGR from 2020 to 2026.
Rapidly growing R&D in open-rotor engine configuration and increased adoption of 3D printing for manufacturing aircraft parts have significantly contributed to the expansion of the aircraft gearbox market. High competition owing to the presence of several players in the market has led aircraft gearbox providers to focus on innovation.
Furthermore, increasing acquisitions by prominent aircraft gearbox providers are also expected to drive the growth of the market. For example, in May 2019, Liebherr-Verzahntechnik GmbH, a provider of aircraft gearboxes, purchased all the shares of Wenzel GearTec GmbH, a manufacturer of gear measuring machines.
However, issues related to spalling, frosting, and manufacturing defects and the high cost of development might hamper the growth of the global aircraft gearbox 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, which is likely to contribute to market growth during the forecast period.
Growth Opportunities in the Market
OEM dominated the market in 2019: The OEM segment dominated the market in 2019. The segment dominated the market owing to the rising demand for new aircraft due to the increasing international tourism and airborne trade is expected to drive the demand for OEM aircraft gearboxes.
Civil aircraft segment is expected to register the higher CAGR: The civil aircraft segment has witnessed strong growth over the last few years. This growth can be attributed to the increasing air travel, the rise in per capita disposable income of the middle-class population, and the growing international trade and tourism across the globe.
Gears segment is expected to register the highest CAGR: The gears segment is projected to grow at the highest CAGR during the study period, 2020 to 2026. Gears are an important component in the construction of aircraft parts. Aircraft parts such as engines, gearboxes and others have gears and bearings in them to carry out the basic functions. Thus, driving the growth of the segment.
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)
Avio S.p.A. (Italy)
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The Global Aircraft Gearbox Market Size is Projected to Grow From USD 3.0 Billion in 2023 to USD 4.2 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 6.9% From 2023 to 2028. The growth of the Aircraft Gearbox Industry is significantly influenced by factors such as increasing air passenger traffic, the rising demand for fuel-efficient aircraft, advancements in gearbox technology for enhanced performance and safety, stringent regulations emphasizing aircraft safety standards, the expanding commercial aviation sector, and the growing adoption of advanced materials and manufacturing processes to ensure lightweight and durable gearbox components. Additionally, the surge in air cargo transportation, the need for timely maintenance and replacement of aging aircraft components, and the continuous focus on reducing operational costs and enhancing overall aircraft efficiency are also driving the growth trajectory of the aircraft gearbox market.
#Aircraft Gearbox#Aircraft Gearbox Market#Aircraft Gearbox Industry#Global Aircraft Gearbox Market#Aircraft Gearbox Market Companies#Aircraft Gearbox Market Size#Aircraft Gearbox Market Share#Aircraft Gearbox Market Growth#Aircraft Gearbox Market Statistics
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Investment Casting Market Growth, Size, Analysis, Outlook by Trends, Opportunities and Forecast to 2028
Rising use of venture projecting in the auto and transportation industry for the improvement of cutting edge parts, for example, motor parts, blower, and gearbox parts, is probably going to drive the market in the long haul. The aviation and safeguard industry additionally assumes a critical part in impacting the interest for venture projecting, as different pieces of planes and helicopters are fabricated through speculation projecting. These incorporate landing and slowing down parts, pressure driven liquid framework parts, and flight basic and security parts.
Such parts require exact aspects and shapes, which is conceivable through venture projecting. In the U.S., the aviation and safeguard industry was the prevailing application section in 2019 and represented practically 63.0% portion of the nation’s income. The aeronautic trade in the U.S. is the biggest in the globe with the presence of a few set up aviation makers, like Schweizer Aircraft, Luminati Aerospace LLC, and Lockheed Martin Corporation.
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Major Players in Investment Casting market are:
Dongfeng Milwaukee Precision Casting Alcoa Zollern Impro Dongying Giayoung Jiwei Precision Castparts CIREX RLM Industries Ningbo Wanguan Taizhou Xinyu MetalTek
Most important types of Investment Casting products covered in this report are:
Sodium Silicate Process Tetraethyl Orthosilicate/ Silica Sol Process
Most widely used downstream fields of Investment Casting market covered in this report are:
Automotive Aerospace &Military Industrial Gas Turbines General Industrial Others
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Nonetheless, the aviation and safeguard fabricating area in the U.S. is probably going to arise as the most exceedingly terrible hit area by the COVID-19 pandemic attributable to extreme downstream interest for aircraft travel. It is probably going to invest in some opportunity to continue its tasks like the pre-COVID level. This is probably going to affect market development temporarily.
Top Countries Data Covered in this Report: • North America (United States, Canada and Mexico) • Europe (Germany, UK, France, Italy, Russia, Spain and Benelux) • Asia Pacific (China, Japan, India, Southeast Asia and Australia) • Latin America (Brazil, Argentina and Colombia) • Middle East and Africa
Points Covered in the Report
Market share assessments for the regional and country level segments.
Market share analysis of the top industry players.
Strategic recommendations for the new entrants.
Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets.
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations).
Strategic recommendations in key business segments based on the market estimations. Competitive landscaping mapping the key common trends.
Company profiling with detailed strategies, financials, and recent developments.
Supply chain trends mapping the latest technological advancements.
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Aircraft Heat Exchanger Market Size, Share 2020, Impressive Industry Growth Report 2027
The Aircraft Heat Exchanger Market is expected to grow from an estimated USD 1.3 billion in 2021 to USD 2.0 billion by 2027, at a CAGR of 9% during the forecast period of 2021 to 2027.
Heat exchangers are important tools in thermal engineering fields such as refrigeration, power system cooling, electronic cooling, and air conditioning. Enhanced heat transfer methods provide passive and active enhancement of heat exchangers. Heat exchangers are commonly used in aircraft to cool hydraulics, auxiliary power units, ram air, gearboxes, and other components. The growth of aircraft heat exchangers is largely dependent on the growing demand for commercial aircraft and UAVs in the aerospace and defense industries.
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Key Players
Some of the leading players operating in the aircraft heat exchanger market include Ametek, Jamco, Honeywell International, Aavid Thermalloy, Liebherr-International, Lytron, TAT Technologies, Meggitt, Triumph Group, United Technologies, Wall Colmonoy, and Woodward among others.
A full report of Aircraft Heat Exchanger Market available at: https://www.orionmarketreports.com/aircraft-heat-exchanger-market/57611/
Aircraft Heat Exchanger Market - Segmentation
By type or design
Plate and fin type
Flat tube type
By Application
Environment Control System (ECS)
Engine system,
Electronic Pod Cooling
Hydraulics
By platform
Fixed-Wing Aircraft
Rotary-Wing Aircraft
Unmanned Aerial Vehicles (UAVs)
The report covers the following objectives:
Proliferation and maturation of trade in the Aerospace 3D Printing Market
The market share of the Aerospace 3D Printing Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
Current and future market trends that are influencing the growth opportunities and growth rate of the Aerospace 3D Printing Market.
Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Aerospace 3D Printing Market.
Recent Developments
Market Overview and growth analysis
Import and Export Overview
Volume Analysis
Current Market Trends and Future Outlook
Market Opportunistic and Attractive Investment Segment
Geographic Coverage
North America Market Size and/or Volume
Latin America Market Size and/or Volume
Europe Market Size and/or Volume
Asia-Pacific Market Size and/or Volume
Rest of the world Market Size and/or Volume
Key Questions Answered by Aircraft Heat Exchanger Market Report
What was the Aircraft Heat Exchanger Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Aircraft Heat Exchanger Market during the forecast period (2021-2027)?
Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
Which manufacturer/vendor/players in the Aircraft Heat Exchanger Market was the market leader in 2018?
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
Media Contact: Company Name: Orion Market Reports Contact Person: Mr. Anurag Tiwari Email: [email protected] Contact no: +91 780-304-0404
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Presents Digital Servo Press Market Growth Projections in a Revised Study Based on COVID-19 Impact
Digital Servo Press Market - Snapshot
A digital servo press includes the same components as the high-end actuator. However, it also features a controller, signal amplifiers, and active motor cooling with dedicated software to provide true closed-loop control of both position and force. The press's drive and mechanism varies, depending on model. Mechanism types include rack-and-pinion, planetary roller screw (for higher forces), and ballscrew. The presses can be driven directly through a gearbox or by the servomotor. The digital control of the servo press enables harmonic movements of various devices such as hydraulic, air, and servomotor controlled cushions with the main slide. By utilizing this function, servo presses are often employed to extend the forming limit and to improve product accuracy. On a multi-axis servo press, two or more processes may be completed in a stroke by moving the driving axes cooperatively. Conventional presses usually employ a flywheel that is connected to the main gear via a clutch brake. Therefore, considerable attention has been paid to the on/off operation of the clutch brake. For most servo presses the energy is directly transmitted resulting in an overrun of the servo-motor which directly leads to an overrun of the slide’s motion. Thus, additional digital control becomes necessary for safety reasons. To avoid errors in position sensing, multiple position measuring is employed in the digital servo press, combining absolute slide position sensors, and pulse coders. Further redundant control loops are employed in digital servo press to avoid incorrect outputs.
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The global digital servo press market is expected to reach around US$ 1,294.0Mn by 2027. The Asia Pacific digital servo press market incurred the highest share, accounting for US$ 348.8 Mn in 2017. The market dynamics of the global digital servo press market are subject to factors mainly related to the growing automotive sector and rising adoption of digital servo press in the aerospace sector. Asia Pacific and Europe dominate the digital servo press market. The automotive industry is rising due to increasing technological transformations and changing consumer demand and preferences and is expected to witness enormous growth across the world over the forecast period. This growth is due to the increased manufacturing of automobiles as automakers are constantly developing more efficient engines and drive-trains to reduce the fuel consumption and are using emission-control technology to produce cleaner automobiles. Hence, the growing automotive industry is expected to propel the market for digital servo-press over the forecast period. Moreover, with the growing aerospace industry, the implementation of digital servo press in manufacturing of aircraft to enhance productivity and accuracy would further boost the market growth for digital servo press over the forecast period. Additionally, prominent manufacturers in the industry are focusing on the introduction of intelligent manufacturing technologies to achieve greater energy savings and high-end efficiency. Increasing technology breakthrough for digital servo press in the regions of Asia Pacific and Europe is anticipated to fuel growth of the market for more advanced digital servo press. Retrofitting and renovation of old technology, increasing expenditure in electronics and automotive fields, launch of new products, more intense competition, and increasing adoption of digital servo press in developing countries is projected to boost the digital servo press market during the forecast period.
One of the major challenges affecting the growth of the digital servo press market is high initial cost and requirement of skilled professionals for the manufacturing process. Digital servo press is gaining traction in the market due to its ability of performing tasks with efficiency and accuracy on account of its flexibility of speed, controllability, and simplicity in design. However, skilled personnel are required for their operations to maintain productivity in the machine process. Furthermore, high initial investment is required to set up the entire production process with servo press in the manufacturing process, thus becoming a challenge for servo press manufacturers and for its market growth across the globe. Further, there are various challenges in the manufacturing of the presses such as the continuous increasing information about the trends of stamping equipment development, and integration of downstream and upstream industry resources to provide optimal production programs and assist customers with profitable production in order to create a win-win situation. However, it is anticipated that cost reduction due to the emergence of price-based competition and further technological advancements in digital servo press would lead to an increase in demand for digital servo press.
Growing manufacturing sector in the Asia Pacific region and strict vehicle emission regulations are the key factors anticipated to create good growth opportunity for digital servo press manufacturers. Increasing focus of consumers on improving the productivity with improving global gross domestic product (GDP) growth, stabilizing various commodity prices such as crude oil, and rising passenger travel demand majorly in Asia Pacific is likely to drive the market for aircrafts in the region. Furthermore, the global Aerospace & Defense (A&D) market forecast by Airbus suggests that the Asia Pacific region will lead world traffic by 2036, with a threefold increase in traffic by the end of the forecast period. This in turn is anticipated to enhance aerospace manufacturing further, thus positively impacting the market for servo press manufacturers. Additionally, as regulations for emission control have become strict throughout the world, the utilization of lightweight materials such as aluminum is growing in order to reduce the weight of automobile bodies. Growing consumer adoption of plug-in hybrid vehicles (PHVs) and electric vehicles (EVs) is one of the key factors supporting the manufacturers. In order to design lightweight products, automotive OEMs are accelerating the adoption of aluminum and high tensile strength steel, which in turn is projected to propel the demand for servo press and create significant growth opportunities for manufacturers of servo press across various geographies.
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Some of the key players profiled in the global digital servo press market are FEC Inc., Dai-ichi Dentsu Ltd., Hoden Seimitsu Kako Kenkyusho Co.,Ltd., AMADA MACHINE TOOLS CO., LTD., Promess Incorporated, Sanyo Machine Works Ltd, C&M Robotics Co, .Ltd., Stamtec, Inc., Komatsu America Industries LLC, Coretec, Inc., and Janome Industrial Equipment.
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