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Part of: Aircraft Landing Gears Market (Global)

The India Aircraft Landing Gears Market was valued at $125.9 Million in 2023 and projected to reach to $207.8 Million by 2028, representing a compound annual growth rate of 10.5%. India's aircraft landing gears market is poised for substantial growth, supported by the country's expanding commercial aviation sector and increasing aircraft fleet size.

India Aircraft Landing Gears Market (2023-2028) : Size and Share
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Market Size in USD 26.32 MN
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India Aircraft Landing Gears Market Trends and Insights

  • This represents a compound annual growth rate (CAGR) of 10.5%, significantly outpacing global market expansion.
  • India's aerospace sector is increasingly attracting investment in landing gear manufacturing and maintenance, driven by rising domestic air traffic and expanding fleet modernization initiatives. The growth trajectory in India reflects the country's strategic positioning as an aerospace manufacturing hub and the rising demand for aircraft maintenance, repair, and overhaul (MRO) services.
  • India's aircraft landing gears market benefits from government initiatives supporting indigenous aerospace production and the establishment of specialized manufacturing facilities.
  • Between 2023 and 2028, India is expected to capture increasing market share within the Asia Pacific region, supported by both commercial aviation expansion and defense procurement programs. Key drivers propelling India's market include the rapid expansion of low-cost carriers, increasing aircraft deliveries to Indian airlines, and growing investments in aerospace infrastructure.
  • India's competitive labor costs and technical expertise position the country as an attractive destination for landing gear component manufacturing and assembly operations..

Key Market Statistics

  • CAGR (2023-2028) 10.5% CAGR
  • Market Size, 2023 ~USD 125.9 Million
  • Forecast, 2028 ~USD 207.8 Million
  • Country India

India Aircraft Landing Gears Market Overview

Strong CAGR Outperformance :

India's aircraft landing gears market is growing at 10.5% CAGR (2023-2028), more than double the global rate of 5%, indicating accelerated domestic aerospace expansion and manufacturing capabilities.

Significant Market Valuation Growth :

The market is projected to grow from USD 125.9 million in 2023 to USD 207.8 million by 2028, representing an 65% increase in market size over five years, driven by rising aircraft fleet expansion and MRO activities.

Rising Aerospace Investment :

India's aerospace sector is attracting substantial foreign and domestic investment in landing gear manufacturing, maintenance, repair, and overhaul (MRO) facilities, positioning the country as a key regional hub.

Growing Commercial Aviation Demand :

Increasing domestic air travel, fleet modernization, and India's emergence as a major aviation market are driving demand for advanced landing gear systems and aftermarket services.

India Aircraft Landing Gears Market Dynamics

  • The 10.5% CAGR significantly exceeds global growth rates, reflecting India's strategic importance in aerospace manufacturing and maintenance.
  • Government initiatives promoting 'Make in India' and foreign direct investment in aerospace are accelerating the establishment of landing gear manufacturing and MRO facilities. The forecast period through 2028 will see intensified competition among OEMs and aftermarket suppliers, with a focus on advanced materials, lightweight designs, and predictive maintenance solutions.
  • Rising passenger traffic, fleet expansion by major Indian carriers, and the development of regional aviation infrastructure will sustain demand for both new aircraft and landing gear maintenance services, positioning India as a critical growth market in the Asia-Pacific aerospace ecosystem..

Related Ecosystem

Aviation

Top Technologies
  • Narrow Body Aircraft
  • Wide Body Aircraft
  • Military Helicopters
  • Special Mission Aircraft
  • Fighter Aircraft
Top Companies
  • HONEYWELL INTERNATIONAL INC.
  • COLLINS AEROSPACE
  • Thales group
  • Safran group
  • HEICO Corporation

    Key Takeaways

    • India's aircraft landing gears market is projected to grow from USD 125.9 million in 2023 to USD 207.8 million by 2028, representing a 10.5% CAGR.
    • India's aerospace manufacturing capabilities and MRO sector are driving demand for advanced landing gear systems and components.
    • Government support for indigenous aerospace production and fleet modernization initiatives are accelerating market expansion in India.
    • India's competitive advantages in labor costs and technical expertise position it as a key manufacturing and assembly hub for landing gear components in Asia Pacific.

    Aircraft Landing Gears Market Report Scope

    Report Metric Details
    Base Year 2023
    Fastest Growing Segment ADVANCED AIR MOBILITY (Aircraft Type)
    Forecast Period 2023-2028
    Growth Rate CAGR of 5% from 2023 to 2028
    Largest Segment FIXED-WING AIRCRAFT (Aircraft Type)
    Market Size Base Year (Billions) ~USD 7.13 (2023)
    Revenue Forecast (Billions) ~USD 9.1 (2028)
    Segments Covered End User, Aircraft Type, Fixed-Wing Aircraft, Commercial Aviation, Business Jets And General Aviation, Military Aviation, Rotary-Wing Aircraft, Type, Subsystem

    India Aircraft Landing Gears Market Report Segmentation

    9 segment dimensions are covered across the global market.

    By End User

    • Aftermarket
    • OEM

    By Aircraft Type

    • Advanced Air Mobility
    • Fixed-Wing Aircraft
    • Rotary-Wing Aircraft
    • Unmanned Aerial Vehicles

    By Fixed-Wing Aircraft

    • Business Jets And General Aviation
    • Commercial Aviation
    • Military Aviation

    By Commercial Aviation

    • Narrow-Body Aircraft
    • Regional Transport Aircraft
    • Wide-Body Aircraft

    By Business Jets And General Aviation

    • Business Jets
    • General Aviation

    By Military Aviation

    • Fighter Aircraft
    • Special Mission Aircraft
    • Transport Aircraft

    By Rotary-Wing Aircraft

    • Civil Helicopters
    • Military Helicopters

    By Type

    • Main Landing Gears
    • Nose Landing Gear
    • Nose Landing Gears

    By Subsystem

    • Actuation Systems
    • Brake Systems
    • Braking Systems
    • Other Subsystems
    • Steering Systems
    • Structural Systems

    INDIA: AIRCRAFT LANDING GEARS MARKET, BY END USER, 2023–2028

    Segment202320242025202620272028CAGR (%)
    AFTERMARKET114.8116.7120.1121.6125.5129.12.4
    OEM11.218.130.649.265.178.647.7
    TOTAL125.9134.8150.7170.8190.5207.810.5

    Target Audience

    • Aircraft OEMs & Tier-1 Suppliers : Need India-specific market data to assess manufacturing expansion opportunities, local supply chain development, and strategic partnerships in a rapidly growing aerospace market with government support.
    • Landing Gear Manufacturers : Require detailed market insights to evaluate India's production capacity potential, competitive dynamics, and demand forecasts for new aircraft and aftermarket landing gear systems.
    • MRO Service Providers : Seek India market intelligence to identify growth opportunities in aircraft maintenance, repair, and overhaul services driven by expanding domestic fleet and rising aircraft utilization rates.
    • Investment & Private Equity Firms : Need comprehensive market analysis to evaluate investment opportunities in India's aerospace sector, including landing gear manufacturing startups, MRO facilities, and technology companies.
    • Government & Policy Bodies : Require market data to inform aerospace industry development strategies, manufacturing incentives, and infrastructure planning aligned with India's aviation growth and 'Make in India' objectives.

    Reasons to Buy this Report

    • Market Size & Growth Validation : Obtain precise valuation data for India's landing gears market (USD 125.9M in 2023) and verified forecasts through 2028, enabling accurate business planning and investment decisions specific to this high-growth market.
    • Competitive Landscape Intelligence : Understand key manufacturers, suppliers, and MRO providers operating in India, their market share, capabilities, and strategic positioning to identify partnership and acquisition opportunities.
    • Investment & Expansion Strategy : Leverage India-specific insights on government policies, manufacturing incentives, and infrastructure development to evaluate feasibility of establishing manufacturing or service facilities in this emerging aerospace hub.
    • Demand Driver Analysis : Access detailed analysis of India's commercial aviation growth, fleet expansion projections, and aftermarket service demand to forecast revenue opportunities and optimize product-market fit.
    • Risk & Opportunity Assessment : Identify market entry barriers, regulatory requirements, supply chain dynamics, and emerging opportunities specific to India's aerospace sector to mitigate risks and capitalize on growth potential.

    Frequently asked questions

    What is the current size of India's aircraft landing gears market?

    India's aircraft landing gears market was valued at USD 125.9 million in 2023 and is expected to reach USD 207.8 million by 2028.

    What is the growth rate of India's aircraft landing gears market?

    India's aircraft landing gears market is growing at a compound annual growth rate (CAGR) of 10.5% from 2023 to 2028.

    What factors are driving growth in India's aircraft landing gears market?

    Key growth drivers in India include rapid expansion of low-cost carriers, increasing aircraft deliveries, government support for indigenous aerospace production, and growing MRO sector investments.

    Why is India becoming important for aircraft landing gear manufacturing?

    India offers competitive labor costs, technical expertise, government incentives for aerospace manufacturing, and strategic positioning as an Asia Pacific manufacturing hub for landing gear components.

    How does India's market growth compare to global trends?

    India's aircraft landing gears market is growing at 10.5% CAGR, significantly outpacing the global market CAGR of 5%, making it one of the fastest-growing regional markets.

    RESEARCH METHODOLOGY

    The research study conducted on the aircraft landing gears market involved extensive use of secondary sources, directories, and databases, such as D&B Hoovers, Bloomberg, and Factiva, to identify and collect information relevant to the aircraft landing gears market. Primary sources included industry experts from the market as well as suppliers, manufacturers, solution providers, technology developers, alliances, and organizations related to all segments of the value chain of this industry. In-depth interviews of various primary respondents, including key industry participants, subject matter experts (SMEs), industry consultants, and C-level executives, were conducted to obtain and verify critical qualitative and quantitative information pertaining to the market as well as assess the growth prospects of the market.

    Secondary Research

    The market share for companies in the aircraft landing gears market was determined based on secondary data made available through paid and unpaid sources and an analysis of the product portfolios of major companies. These companies were rated based on their performance and quality. These data points were further validated by primary sources. Secondary sources for this research study included corporate filings, such as annual reports, investor presentations, financial statements, trade, business, and professional associations. The secondary data were collected and analyzed to arrive at the overall market size, which was further validated by primary respondents.

    Secondary sources referred to for this research study on the aircraft landing gears market included government sources, such as GAMA (General Aviation Manufacturer Association), FlightGlobal, International Air Transport Association (IATA), Boeing Outlook 2023, Airbus Outlook 2023, and federal and state governments of various countries; corporate filings, such as annual reports, investor presentations, and financial statements; and trade, business, and professional associations; among others. Secondary data was collected and analyzed to determine the overall size of the aircraft landing gears market, which was further validated by primary respondents.

    Primary Research

    Extensive primary research was conducted after acquiring information regarding the aircraft landing gears market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific, the Middle East, Latin America, and Africa. Primary data was collected through questionnaires, emails, and telephonic interviews.

    Aircraft Landing Gears Market
 Size, and Share

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

    Market Size Estimation

    • Both top-down and bottom-up approaches were used to estimate and validate the size of the aircraft landing gears market.
    • Key players were identified through secondary research, and their market ranking was determined through primary and secondary research. This included a study of annual and financial reports of the top market players and extensive interviews of leaders, including CEOs, directors, and marketing executives.
    • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated, enhanced with detailed inputs, analyzed by MarketsandMarkets, and presented in this report.

    Market Size Estimation Methodology: Bottom-Up Approach

    Aircraft Landing Gears Market
 Size, and Bottom-Up Approach

    Market Size Estimation Methodology: Top-Down Approach

    Aircraft Landing Gears Market
 Size, and Top-Down Approach

    Data triangulation

    After arriving at the overall size of the aircraft landing gear market from the estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures explained below were implemented, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for various market segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the aircraft landing gear market size was validated using the top-down and bottom-up approaches.

    Market Definition

    Aircraft landing gears refers to the aircraft undercarriage that enables the landing and take-off of aircraft. It also supports the aircraft while taxiing and on the ground. Aircraft landing gear can be the main landing gear and nose landing gear. The aircraft landing gear system includes a braking system, steering system, and actuation system, among other systems. It is used in almost all aircraft types, such as fixed-wing and rotary-wing aircraft, for commercial and military aviation.

    Stakeholders

    Various stakeholders of the market are listed below:

    • Raw Material Suppliers
    • Aircraft Landing Gear Manufacturers
    • Technology Support Providers
    • Distributors
    • Aftermarket Companies
    • System Integrators
    • Government Agencies
    • Investors and Financial Community Professionals
    • Research Organizations

    Report Objectives

    • To define, describe, segment, and forecast the size of the aircraft landing gears market based on type, end user, aircraft type, subsystem, and region.
    • To analyze the degree of competition in the market by mapping the recent developments, products, and services of key market players
    • To understand the structure of the aircraft landing gears market by identifying its various segments and subsegments.
    • To identify and analyze key drivers, restraints, opportunities, and challenges that influence market growth.
    • To forecast the size of market segments across North America, Europe, Asia Pacific, Middle East, Latin America, and Africa, along with major countries in each region
    • To analyze micromarkets1 with respect to individual technological trends and their contribution to the total market
    • To profile key market players and comprehensively analyze their market share and core competencies2
    • To provide a detailed competitive landscape of the market, along with an analysis of business and strategies, such as mergers and acquisitions, partnerships, and agreements, in the aircraft landing gears market.
    • To identify detailed financial positions, key products, and unique selling points of leading companies in the market

    1 Micromarkets are referred to as the segments and subsegments of the Avionics markets considered in the scope of the report.

     2 Core competencies of companies were captured in terms of their key developments and key strategies adopted to sustain their positions in the market.

    Available customizations

    Along with the market data, MarketsandMarkets offers customizations as per the specific needs of companies. The following customization options are available for the report:

    Product Analysis

    • Product matrix, which gives a detailed comparison of the product portfolio of each company.

    Regional Analysis

    • Further breakdown of the market segments at the country level

    Company Information

    • Detailed analysis and profiling of additional market players (up to 5)

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