Aircraft Accessory Gearbox Market

The aircraft accessory gearbox market was valued at $1.2 billion in 2023, and is estimated to reach $2.1 billion by 2033, growing at a CAGR of 6.3% from 2024 to 2033. Aircraft accessory gearboxes are used to transmit power from turbine engines, helicopter transmission accessory drive pads, and other various outputs into auxiliary devices such as hydraulic pumps, generators, and hoist systems. Modern accessory gearboxes are designed with lightweight materials and advanced engineering techniques to optimize durability, reduce weight, and support the increasing electrification of aircraft systems. Adoption of the aircraft accessory gearbox market is driven by several key factors such as rise in air passenger traffic, increase in demand for fuel-efficient aircraft, and advancements in gearbox technology aimed at enhancing performance and safety. Stringent regulatory requirements focused on aircraft safety, expansion of the commercial aviation sector, and adoption of advanced materials and manufacturing processes to develop lightweight and durable gearbox components further contribute to the market growth. In addition, surge in air cargo transportation, need for timely maintenance and replacement of aging aircraft components, and ongoing emphasis on reducing operational costs while improving overall aircraft efficiency are shaping the industry's expansion. Aircraft accessory gearboxes are becoming an essential component of modern aviation systems. These critical devices not only ensure efficient power transmission to essential aircraft systems but also contribute to overall engine performance and reliability. By integrating advanced materials and innovative engineering, accessory gearboxes enhance fuel efficiency, reduce weight, and improve operational safety, making them a key element in next-generation aircraft.

Moreover, as the aviation industry advances toward more electric and fuel-efficient propulsion systems, the demand for high-performance accessory gearboxes is expected to grow, further driving innovation and market expansion. The aircraft accessory gearbox market is segmented into platform, component, application, end user and region. By platform, the market is divided into civil, and military. On the basis of component, the market is classified into of wireless charging systems, particularly among cost-sensitive consumers and in regions with less-developed EV infrastructure. In addition, the complexity of retrofitting existing vehicles with wireless charging capabilities can deter potential users, creating obstacles for widespread deployment. gears, housings, bearing, and others. By application, the market is divided into engine and airframe. By end user, the market is divided into OEM, and aftermarket. Region-wise, the aircraft accessory gearbox market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, rest of AsiaPacific), and LAMEA (Latin America, the Middle East, and Africa).

The key players operating in the aircraft accessory gearbox market include Safran, Liebherr Group, The Timken Company, Triumph Group, Inc., Bharat Forge, Regal Rexnord Corporation, Northstar Aerospace, Collins Aerospace, General Electric Company, Kawasaki Heavy Industries, Ltd., and Aero Gear Inc Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the aircraft accessory gearbox market analysis from 2023 to 2033 to identify the prevailing aircraft accessory gearbox market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the aircraft accessory gearbox market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global aircraft accessory gearbox market trends, key players, market segments, application areas, and market growth strategies.



Key Market Segments

By Component

Gears
Housings
Bearing
Others

By Platform

Civil
Military

By Application

Engine
Airframe

By End User

OEM
Aftermarket

By Region

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Safran
General Electric Company
Kawasaki Heavy Industries, Ltd.
Aero Gear Inc.
Collins Aerospace
The Timken Company
Northstar Aerospace
Liebherr Group
Bharat Forge
Regal Rexnord Corporation
Triumph GroupThe research methodology of the global market involves extensive primary and secondary research. Primary research includes about over 12 hours of interviews and discussion with a wide range of stakeholders, including upstream and downstream participants. The primary research typically is the bulk of our research efforts; however, coherently supported by extensive secondary research. Researchers have reviewed over 6,765 product literatures, industry releases, annual reports, and other such documents of key industry participants to obtain better market understanding and gain competitive intelligence. In addition, authentic industry journals, trade associations' releases,and government websites have also been reviewed for generating high-value industry insights.