DUBLIN, April 14, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/sbltj4/global_commercial) has announced the addition of the "Global Commercial Aircraft Landing Gears Market Report" report to their offering.
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The analysts forecast the Global Commercial Aircraft Landing Gears market to grow at a CAGR of 5.15 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in passenger traffic. The Global Commercial Aircraft Landing Gears market has also been witnessing an increasing demand for low-maintenance landing gears. However, increasing technological advancements could pose a challenge to the growth of this market.
The report, the Global Commercial Aircraft Landing Gears Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas and the EMEA and APAC regions; it also covers the Global Commercial Aircraft Landing Gears market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the major trends being witnessed in the Global Commercial Aircraft Landing Gears market is the demand for low-maintenance landing gears. Generally, an airline incurs huge expenditure on the MRO of aircraft. However, this can be reduced by using efficient components that have a better service life.
As aircraft landing gears are built to withstand hot, humid or cold climatic conditions, they have to be constantly replaced to be able to withstand the harsh weather conditions. Thus, the demand for cost-effective and low-maintenance landing gears increases. This trend is expected to have a positive impact on the growth of the market in future years.
According to the report, the major growth driver is the increase in the passenger traffic that will cause numerous airlines to increase their aircraft fleet size, which will also increase the demand for commercial aircraft landing gears.
Further, the report states that the major challenge for the market is the increase in technological advancements in the aircraft. Because of the changing technology advancements, the vendors have to invest more in the production of new advanced landing gear systems. Hence, the landing gear systems present in inventory lose their market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
1. Executive Summary
2. List of Abbreviations
4. Market Research Methodology
5. Scope of the Report
6. Market Landscape
7. Geographical Segmentation
8. Vendor Landscape
9. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Key Vendor Analysis
16. Other Reports in this Series
- BBA Aviation plc
- CIRCOR Aerospace Inc.
- Eaton Corp. plc
- Heroux-Devtek Inc.
- Liebherr-International AG
- Lufthansa Technik Landing Gear Services
- Messier Bugatti Dowty SA
- Sumitomo Precision Products Co.
- UTC Aerospace Systems
For more information visit http://www.researchandmarkets.com/research/sbltj4/global_commercial
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets