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Global Commercial Aircraft Electric Power System Growth Opportunities

Publisher Frost & Sullivan
Published Oct 04, 2023
SKU # MC18215385

Description

Global Commercial Aircraft Electric Power System Growth Opportunities


The Adoption of Industry 4.0 Technologies and Composite Materials and the Rising Trends of Additive Manufacturing and Digitalization are Enabling Sustainable Development in Landing Gear Systems

This Frost & Sullivan study analyzes the global commercial aircraft landing gear systems market from 2022 to 2032. A landing gear system comprises a comprehensive mechanism that works together to execute safe take-off and landing operations. A typical landing gear system consists of doors, a retraction system (along with hydraulic sub-systems), actuation systems, control systems, braking systems, and steering systems, along with a host of sub-systems. This market comprises 3 revenue streams—linefit, retrofit, and aftermarket. The linefit landing gear systems market is dependent on the number of aircraft delivered in a calendar year. The value of the landing gear systems shipset delivered to these new aircraft is the highest; hence, the market value is also the highest of the 3 streams. The retrofit market relies on the number of aircraft set to undergo full landing gear overhauls throughout the forecast period, and the aftermarket segment depends on the total number of aircraft in service. The share of revenue streams stands at 58.5% for the linefit segment, 20.5% for the retrofit segment, and 21% for the aftermarket segment.

The landing gear systems industry has seen only a few technological innovations, largely due to regulatory complexities, including long approval timelines and expensive R&D regimes. Therefore, technology adoption is limited to the factory level, with augmented reality (used to improve workforce efficiency) and additive manufacturing (to reduce the number of moving parts) being gradually incorporated into workplaces. Sustainability is also a prime focus of the industry. Suppliers such as Collins Aerospace are leading the way with the Extended Disk Life (EDL) solution that focuses on increasing the utility of aircraft carbon brakes.

Table of Contents

    • Why is it Increasingly Difficult to Grow?
    • The Strategic Imperative 8™
    • The Impact of the Top 3 Strategic Imperatives on Global Commercial Aircraft Electric Power Systems
    • Growth Opportunities Fuel the Growth Pipeline Engine™
    • Scope of Analysis
    • Segmentation by Application
    • Key Competitors
    • Segmentation by Region
    • Research Methodology
    • Growth Metrics
    • Growth Drivers
    • Growth Restraints
    • Forecast Assumptions
    • Revenue Forecast
    • Revenue Forecast by Industry Vertical
    • Revenue Forecast by Application
    • Revenue Forecast by Region
    • Revenue Forecast Analysis
    • Pricing Trends Analysis
    • Competitive Environment
    • Revenue Share
    • Revenue Share Analysis
    • More-electric Aircraft (MEA)
    • Growth Metrics
    • Revenue Forecast
    • Revenue Forecast by Industry Vertical
    • Revenue Forecast by Application
    • Forecast Analysis
    • Growth Metrics
    • Revenue Forecast
    • Revenue Forecast by Industry Vertical
    • Revenue Forecast by Application
    • Forecast Analysis
    • Growth Metrics
    • Revenue Forecast
    • Revenue Forecast by Industry Vertical
    • Revenue Forecast by Application
    • Forecast Analysis
    • Growth Metrics
    • Revenue Forecast
    • Revenue Forecast by Industry Vertical
    • Revenue Forecast by Application
    • Forecast Analysis
    • Growth Metrics
    • Revenue Forecast
    • Revenue Forecast by Industry Vertical
    • Revenue Forecast by Application
    • Forecast Analysis
    • Growth Opportunity 1: Sustainable Aviation
    • Growth Opportunity 2: Technological Innovation and Efficiency
    • Growth Opportunity 3: All-electric Aviation
    • Your Next Steps
    • Why Frost, Why Now?
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