HOME Top Market Reports Aircraft Gearbox Market by Application (Engine (Turboprop, Turbofan, Turboshaft), Airframe), Gearbox Type (Reduction, Accessory, Actuation, Tail Rotor, APU), Fit (Linefit, Retrofit), Aircraft Type (Civil, Military), and Region - Global Forecast to 2022

Aircraft Gearbox Market by Application (Engine (Turboprop, Turbofan, Turboshaft), Airframe), Gearbox Type (Reduction, Accessory, Actuation, Tail Rotor, APU), Fit (Linefit, Retrofit), Aircraft Type (Civil, Military), and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: January 2018
Report Code: AS 5888

 

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The aircraft gearbox market was valued at USD 3.17 Billion in 2016 and is projected to reach USD 4.53 Billion by 2022, at a CAGR of 6.01% from 2017 to 2022. The objective of this study is to analyze, define, describe, and forecast the aircraft gearbox market based on application, gearbox type, fit, aircraft type, and region. The report also focuses on the competitive landscape of this market by profiling companies based on their financial position, product portfolio, growth strategies, and analyzing their core competencies and market share to anticipate the degree of competition prevailing in the market. This report also tracks and analyzes competitive developments, such as new product launches, contracts, and joint ventures, and research & development (R&D) activities in the aircraft gearbox market. The base year considered for this study is 2016 and the forecast period is from 2017 to 2022.

This research study involved extensive use of secondary sources, directories, and databases, such as D&B Hoovers, Bloomberg Businessweek, and Factiva to identify and collect relevant information on the aircraft gearbox market. Primary sources included industry experts from this market as well as suppliers, manufacturers, solution providers, technology developers, alliances, and organizations related to all segments of the industry’s value chain.   Both top-down and bottom-up approaches were used to estimate and validate the size of the aircraft gearbox market. Data triangulation and market breakdown procedures were also employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. Breakdown of profiles of primaries is shown in the figure given below:

Aircraft Gearbox Market

To know about the assumptions considered for the study, download the pdf brochure

Market Ecosystem

The aircraft gearbox market has been segmented on the basis of application, gearbox type, fit, aircraft type, and region. Liebherr (Switzerland), United Technologies (US), Aero Gearbox International (France), Northstar Aerospace (US), and Safran (France) are some of the manufacturers in this market. Contracts, new product launches, and joint ventures are the major strategies adopted by key players in the aircraft gearbox market.

Target Audience for this Report

  • Aircraft Engines Manufacturers
  • Subcomponent Manufacturers
  • Technology Support Providers
  • Research Bodies
  • Aircraft Manufacturers
  • Aircraft Engine Maintenance, Repair & Overhaul (MRO) Companies
  • Airline Operators

“This study answers several questions for stakeholders, primarily, which market segments to focus on during the next two to five years to prioritize their efforts and investments.”

Scope of the Report:

Aircraft Gearbox Market, By Application

  • Engine
    • Turboprop
    • Turbofan
    • Turboshaft
    • Piston Engine
  • Airframe

Aircraft Gearbox Market, By Gearbox Type

  • Reduction Gearbox (RGB)
  • Accessory Gearbox (AGB)
  • Actuation Gearbox
  • Tail Rotor Gearbox
  • APU-Gearbox
  • Others

Aircraft Gearbox Market, By Fit

  • Linefit
  • Retrofit

Aircraft Gearbox Market, By Aircraft Type

  • Civil Aircraft
    • General Aviation Aircraft
    • Commercial Passenger/Cargo Aircraft
    • Civil Helicopters
  • Military Aircraft
    • Fighter Jets
    • Military Helicopters
    • Transport Carriers

Aircraft Gearbox Market, By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Available Customizations

  • Along with the market data, MarketsandMarkets offers customizations as per specific needs of a company. The following customization options are available for this report:
  • Geographic Analysis
    • Further breakdown of the Middle East and Rest of the World markets
  • Company Information
    • Detailed analysis and profiling of additional market players (up to five)
  • Additional Level Segmentation

Table of Contents

1 Introduction (Page No. - 12)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 16)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 28)
    4.1 Attractive Opportunities in the Aircraft Gearbox Market
    4.2 North America Aircraft Gearbox Market, By Fit & By Country
    4.3 North America Aircraft Gearbox, By Gearbox Type
    4.4 Aircraft Gearbox Market, By Engine Application
    4.5 Aircraft Gearbox Market, By Country

5 Market Overview (Page No. - 32)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increase in Demand for New Aircraft
                    5.2.1.2 Present Supremacy of Purepower Geared Turbofan (GTF) Engines
           5.2.2 Restraints
                    5.2.2.1 Existing Backlogs in Aircraft Deliveries
                    5.2.2.2 Limitations of Aircraft Using Turboprop Engines at High Altitudes
           5.2.3 Opportunities
                    5.2.3.1 Increased Investments in the Field of Geared Turbofan Engines
                    5.2.3.2 Rise in Demand for Lightweight Aircraft Engines
                    5.2.3.3 Increased R&D Investments in Open Rotor Engine Configuration
           5.2.4 Challenges
                    5.2.4.1 High Cost Associated With the Introduction of New Technological Concepts
                    5.2.4.2 Stringent Regulatory Norms
                    5.2.4.3 Spalling, Frosting, and Manufacturing Defects

6 Industry Trends (Page No. - 38)
    6.1 Introduction
    6.2 Technological Trends in the Aircraft Gearbox Market
           6.2.1 Geared Turbofan (GTF)
           6.2.2 Planetary Gearbox
           6.2.3 Flight Control Gearbox
    6.3 Supply Chain Analysis
    6.4 Porter’s Five Forces Analysis
           6.4.1 Threat of New Entrants
           6.4.2 Threat of Substitutes
           6.4.3 Bargaining Power of Suppliers
           6.4.4 Bargaining Power of Buyers
           6.4.5 Intensity of Competitive Rivalry
    6.5 Patent Listings, 2014-2015

7 Aircraft Gearbox Market, By Application (Page No. - 45)
    7.1 Introduction
    7.2 Engine
           7.2.1 Turbofan
           7.2.2 Turboshaft
           7.2.3 Turboprop
           7.2.4 Piston Engine
    7.3 Airframe

8 Aircraft Gearbox Market, By Gearbox Type (Page No. - 51)
    8.1 Introduction
    8.2 Accessory Gearbox (AGB)
    8.3 Reduction Gearbox (RGB)
    8.4 Actuation Gearbox
    8.5 Tail Rotor Gearbox
    8.6 Auxilary Power Unit Gearbox
    8.7 Others

9 Aircraft Gearbox Market, By Fit (Page No. - 57)
    9.1 Introduction
    9.2 Linefit
    9.3 Retrofit

10 Aircraft Gearbox Market, By Aircraft Type (Page No. - 60)
     10.1 Introduction
     10.2 Civil Aircraft
             10.2.1 General Aviation Aircraft
             10.2.2 Commercial Passenger/Cargo Aircraft
                        10.2.2.1 Narrow Body Aircraft
                        10.2.2.2 Regional Transport Aircraft
                        10.2.2.3 Wide Body Aircraft
                        10.2.2.4 Very Large Aircraft
             10.2.3 Civil Helicopters
     10.3 Military Aircraft
             10.3.1 Fighter Jets
             10.3.2 Military Helicopters
             10.3.3 Transport Carriers

11 Regional Analysis (Page No. - 66)
     11.1 Introduction
     11.2 North America
             11.2.1 US
             11.2.2 Canada
     11.3 Europe
             11.3.1 UK
             11.3.2 France
             11.3.3 Italy
     11.4 Asia Pacific
             11.4.1 Russia
             11.4.2 China
             11.4.3 Japan
             11.4.4 India
     11.5 Rest of the World
             11.5.1 Latin America
             11.5.2 Middle East & Africa

12 Competitive Landscape (Page No. - 95)
     12.1 Introduction
     12.2 Market Ranking
     12.3 Competitive Scenario
             12.3.1 New Product Launches, 2014
             12.3.2 Contracts, 2014-2017
             12.3.3 Joint Ventures, 2015

13 Company Profiles (Page No. - 98)
(Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     13.1 Aero Gearbox International
     13.2 Aero Gear
     13.3 Avion
     13.4 CEF Industries
     13.5 Liebherr
     13.6 Northstar Aerospace
     13.7 PBS Velká Bíteš
     13.8 Safran
     13.9 SKF
     13.10 Triumph
     13.11 United Technologies

*Details on Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 117)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Introducing RT: Real-Time Market Intelligence
     14.4 Available Customization
     14.5 Related Reports
     14.6 Author Details


List of Tables (75 Tables)

Table 1 Regional Estimate of New Aircraft Deliveries, 2016-2035
Table 2 Innovation & Patent Registrations, 2014-2015
Table 3 Aircraft Gearbox Market Size, By Application, 2015-2022 (USD Million)
Table 4 Engine Market Size, By Engine Type, 2015-2022 (USD Million)
Table 5 Linefit: Aircraft Gearbox Market for Turbofan, By Region, 2015-2022 (USD Million)
Table 6 Linefit: Aircraft Gearbox Market for Turboshaft, By Region, 2015-2022 (USD Million)
Table 7 Linefit: Aircraft Gearbox Market for Turboprop, By Region, 2015-2022 (USD Million)
Table 8 Linefit: Aircraft Gearbox Market for Piston Engine, By Region, 2015-2022 (USD Thousand)
Table 9 Linefit: Aircraft Gearbox Market for Airframe, By Region, 2015-2022 (USD Million)
Table 10 Aircraft Gearbox Market Size, By Gearbox Type, 2015-2022 (USD Million)
Table 11 Linefit: Aircraft Gearbox Market Size, By Gearbox Type, 2015-2022 (USD Million)
Table 12 Linefit: Accessory Gearbox Market Size, Region, 2015-2022 (USD Million)
Table 13 Linefit: Reduction Gearbox Market, By Region, 2015-2022 (USD Million)
Table 14 Linefit: Actuation Gearbox Market, By Region, 2015-2022 (USD Million)
Table 15 Linefit: Tail Rotor Gearbox Market, By Region, 2015-2022 (USD Million)
Table 16 Linefit: Apu-Gearbox Market, By Region, 2015-2022 (USD Million)
Table 17 Linefit: Other Gearbox Types Market, By Region, 2015-2022 (USD Million)
Table 18 Aircraft Gearbox Market Size, By Fit, 2015-2022 (USD Million)
Table 19 Linefit Market Size, By Region, 2015-2022 (USD Million)
Table 20 Retrofit Market Size, By Region, 2015-2022 (USD Million)
Table 21 Aircraft Gearbox Market Size, By Aircraft Type, 2015-2022 (USD Million)
Table 22 Civil Aircraft Market Size, By Type, 2015-2022 (USD Million)
Table 23 Commercial Passenger/Cargo Aircraft Market Size, By Subtype, 2015-2022 (USD Million)
Table 24 Military Aircraft Market Size, By Type, 2015-2022 (USD Million)
Table 25 Aircraft Gearbox Market Size, By Region, 2015-2022 (USD Million)
Table 26 North America Aircraft Gearbox Market Size, By Fit, 2015-2022 (USD Million)
Table 27 Linefit: North America Aircraft Gearbox Market Size, By Application, 2015-2022 (USD Million)
Table 28 Linefit: North America Aircraft Gearbox Market Size, By Engine Type, 2015-2022 (USD Million)
Table 29 Linefit: North America Aircraft Gearbox Market Size, By Gearbox Type, 2015-2022 (USD Million)
Table 30 Linefit: North America Aircraft Gearbox Market Size, By Country, 2015-2022 (USD Million)
Table 31 US Aircraft Gearbox Market Size, By Fit, 2015-2022 (USD Million)
Table 32 Linefit: US Aircraft Gearbox Market Size, By Application, 2015-2022 (USD Million)
Table 33 Linefit: US Aircraft Gearbox Market Size, By Engine Type, 2015-2022 (USD Million)
Table 34 Linefit: US Aircraft Gearbox Market Size, By Gearbox Type, 2015-2022 (USD Million)
Table 35 Canada Aircraft Gearbox Market Size, By Fit, 2015-2022 (USD Million)
Table 36 Linefit: Canada Aircraft Gearbox Market Size, By Application, 2015-2022 (USD Million)
Table 37 Linefit: Canada Aircraft Gearbox Market Size, By Engine Type, 2015-2022 (USD Million)
Table 38 Linefit: Canada Aircraft Gearbox Market Size, By Gearbox Type, 2015-2022 (USD Million)
Table 39 Europe Aircraft Gearbox Market Size, By Fit, 2015-2022 (USD Million)
Table 40 Linefit: Europe Aircraft Gearbox Market Size, By Application, 2015-2022 (USD Million)
Table 41 Linefit: Europe Aircraft Gearbox Market Size, By Engine Type, 2015-2022 (USD Million)
Table 42 Linefit: Europe Aircraft Gearbox Market Size, By Gearbox Type, 2015-2022 (USD Million)
Table 43 Linefit: Europe Aircraft Gearbox Market Size, By Country, 2015-2022 (USD Million)
Table 44 UK Aircraft Gearbox Market Size, By Fit, 2015-2022 (USD Million)
Table 45 Linefit: UK Aircraft Gearbox Market Size, By Application, 2015-2022 (USD Million)
Table 46 Linefit: UK Aircraft Gearbox Market Size, By Engine Type, 2015-2022 (USD Million)
Table 47 Linefit: UK Aircraft Gearbox Market Size, By Gearbox Type, 2015-2022 (USD Million)
Table 48 France Aircraft Gearbox Market Size, By Fit, 2015-2022 (USD Million)
Table 49 Linefit: France Aircraft Gearbox Market Size, By Application, 2015-2022 (USD Million)
Table 50 Linefit: France Aircraft Gearbox Market Size, By Engine Type, 2015-2022 (USD Million)
Table 51 Linefit: France Aircraft Gearbox Market Size, By Gearbox Type, 2015-2022 (USD Million)
Table 52 Italy Aircraft Gearbox Market Size, By Fit, 2015-2022 (USD Million)
Table 53 Linefit: Italy Aircraft Gearbox Market Size, By Application, 2015-2022 (USD Thousand)
Table 54 Linefit: Italy Aircraft Gearbox Market Size, By Gearbox Type, 2015-2022 (USD Thousand)
Table 55 Asia Pacific Aircraft Gearbox Market Size, By Fit, 2015-2022 (USD Million)
Table 56 Linefit: Asia Pacific Aircraft Gearbox Market Size, By Application, 2015-2022 (USD Million)
Table 57 Linefit: Asia Pacific Aircraft Gearbox Market Size, By Engine Type, 2015-2022 (USD Million)
Table 58 Linefit: Asia Pacific Aircraft Gearbox Market Size, By Gearbox Type, 2015-2022 (USD Million)
Table 59 Asia Pacific Aircraft Gearbox Market Size, By Country, 2015-2022 (USD Million)
Table 60 Linefit: Asia Pacific Aircraft Gearbox Market Size, By Country, 2015-2022 (USD Million)
Table 61 Russia Aircraft Gearbox Market Size, By Fit, 2015-2022 (USD Million)
Table 62 Linefit: Russia Aircraft Gearbox Market Size, By Application, 2015-2022 (USD Million)
Table 63 Linefit: Russia Aircraft Gearbox Market Size, By Engine Type, 2015-2022 (USD Million)
Table 64 Linefit: Russia Aircraft Gearbox Market Size, By Gearbox Type, 2015-2022 (USD Million)
Table 65 China Aircraft Gearbox Market Size, By Fit, 2015-2022 (USD Million)
Table 66 Linefit: China Aircraft Gearbox Market Size, By Application, 2015-2022 (USD Million)
Table 67 Japan Aircraft Gearbox Market Size, By Fit, 2015-2022 (USD Million)
Table 68 Linefit: Japan Aircraft Gearbox Market Size, By Application, 2015-2022 (USD Million)
Table 69 India Aircraft Gearbox Market Size, By Fit, 2015-2022 (USD Million)
Table 70 Rest of the World Aircraft Gearbox Market Size, By Fit, 2015-2022 (USD Million)
Table 71 Linefit: Rest of the World Aircraft Gearbox Market Size, By Application, 2015-2022 (USD Thousand)
Table 72 RoW Aircraft Gearbox Market Size, By Region, 2015-2022 (USD Million)
Table 73 Linefit: RoW Aircraft Gearbox Market Size, By Region, 2015-2022 (USD Thousand)
Table 74 Brazil Aircraft Gearbox Market Size, By Fit, 2015-2022 (USD Million)
Table 75 Middle East & Africa Aircraft Gearbox Market Size, By Fit, 2015-2022 (USD Million)


List of Figures (33 Figures)

Figure 1 Aircraft Gearbox Market Segmentation
Figure 2 Regional Scope
Figure 3 Research Process Flow
Figure 4 Aircraft Gearbox Market: Research Design
Figure 5 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Data Triangulation
Figure 9 Aircraft Gearbox Market, By Aircraft Type, 2017 & 2022 (USD Million)
Figure 10 Aircraft Gearbox Market, By Application, 2017 & 2022 (USD Million)
Figure 11 Aircraft Gearbox Market, By Gearbox Type, 2017 & 2022 (USD Million)
Figure 12 The Asia Pacific Aircraft Gearbox Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 13 Increasing Demand for New Aircraft is Expected to Drive the Aircraft Gearbox Market From 2017 to 2022
Figure 14 The Linefit Segment is Estimated to Lead the North America Aircraft Gearbox Market in 2017
Figure 15 The Accessory Gearbox Segment is Projected to Lead the Aircraft Gearbox Market in North America From 2017 to 2022
Figure 16 The Turbofan Subsegment is Projected to Lead the Engine Application Segment of the Aircraft Gearbox Market From 2017 to 2022
Figure 17 China Aircraft Gearbox Market is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 18 Aircraft Gearbox Market: Drivers, Restraints, Opportunities, and Challenges
Figure 19 Order Backlog of Aircraft Manufacturers (Airbus & Boeing) in 2016
Figure 20 Technological Developments in the Aircraft Gearbox Market
Figure 21 Porter’s Five Forces Analysis: Aircraft Gearbox Market
Figure 22 Aircraft Gearbox Market Size, By Application, 2017 & 2022 (USD Million)
Figure 23 Aircraft Gearbox Market Size, By Gearbox Type, 2017 & 2022 (USD Million)
Figure 24 Aircraft Gearbox Market Size, By Fit, 2017 & 2022 (USD Million)
Figure 25 Aircraft Gearbox Market Size, By Aircraft Type, 2017 & 2022 (USD Million)
Figure 26 North America Aircraft Gearbox Market Snapshot
Figure 27 Key Developments Adopted By the Leading Players in Aircraft Gearbox Market Between April 2014 and July 2015
Figure 28 Liebherr: Company Snapshot
Figure 29 PBS Velká Bíteš: Company Snapshot
Figure 30 Safran: Company Snapshot
Figure 31 SKF: Company Snapshot
Figure 32 Triumph: Company Snapshot
Figure 33 United Technologies: Company Snapshot

The aircraft gearbox market is projected to grow from an estimated USD 3.38 Billion in 2017 to USD 4.53 Billion by 2022, at a CAGR of 6.01% from 2017 to 2022. Increase in demand for new aircraft and present supremacy of Pure-Power Geared Turbofan (GTF) engines are key factors expected to drive the aircraft gearbox market during the forecast period. The market has been segmented based on application, gearbox type, fit, aircraft type and region.

Based on application, the aircraft gearbox market has been segmented into engine (turbofan, turboprop, piston engine and turboshaft) and airframe. The engine segment of the aircraft gearbox market is estimated to grow at a higher rate during the forecast period. Engines are an essential component in any aircraft. These engines require huge amount of thrust during takeoff and landing.  Engine gearboxes help these aircraft engines achieve high thrust, which drives the aircraft to move forward.

Based on gearbox type, the aircraft gearbox market has been segmented into reduction gearbox, accessory gearbox, actuation, tail rotor, APU, and other. The growth of this segment can be attributed to the increasing demand for new aircraft from the airlines. Accessory gearboxes are used in every kind of medium and large aircraft, hence, with growing demand for commercial air travel globally and rising defense budgets of prominent economies, the demand for AGB is likely to increase.

Based on fit, the market has been segmented into linefit and retrofit. The linefit segment is projected to witness a higher growth rate than the retrofit segment during the forecast period. The anticipated higher growth rate of the linefit segment is due to the increase in aircraft orders as well as deliveries, economic growth across regions, and an increase in passenger traffic.

Based on aircraft type, the aircraft gearbox market has been segmented into civil aircraft (general aviation aircraft, commercial passenger/cargo aircraft, civil helicopters) and military aircraft (transport carrier, military helicopter and fighter jets). The civil aircraft segment has been witnessing significant growth in the past few years due to increasing air traffic and rise in the disposable income of middle-class populations across the globe. Increased demand for new aircraft around the world is also fueling the growth of the civil aircraft segment.

North America, Europe, Asia Pacific, and RoW (Rest of the World) have been considered in the regional analysis of the aircraft gearbox market. North America is estimated to lead the aircraft gearbox market in 2017, owing to the presence of major aircraft manufacturers, such as Boeing (US) and Bombardier (Canada). This company has huge new aircraft orders across the globe which will boost the aircraft gearbox market.

Aircraft Gearbox Market

The existing backlogs in aircraft deliveries can restrain the growth of the aircraft gearbox market. Delay in aircraft deliveries can also result in the cancellation of aircraft orders. For instance, in 2015, Qatar Airways cancelled the A320neo aircraft orders due to a delay in aircraft delivery. Thus, existing backlogs in aircraft deliveries act as a restraint to the growth of the aircraft gearbox market.

Products offered by various companies operating in the aircraft gearbox market have been listed in the report. The recent developments section of the report includes information on strategies adopted by various companies between 2014 and 2017. Safran (France), Liebherr (Switzerland), and United Technologies (US) are some of the major market players. These players have an extensive geographical reach and distribution channels.

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