Aircraft Gearbox Market is Estimated to Reach USD 4.9 Billion in 2024

Aircraft Gearbox Market is Estimated to Reach USD 4.9 Billion in 2024

The global Aircraft Gearbox market is estimated to reach USD 4.9 Billion in 2024 at a CAGR of 4.2%. Increase demand of new aircrafts and increase in demand for lightweight aircraft Components is expected to drive the aircraft gearbox market during the forecast period. However, Engine limitations at high altitudes is expected to restrain the market during the forecast period. Increased investments in research and development of open rotor engine configuration, investments in the area of geared turbofan engine is growing and demand in fuel efficient and more environmentally friendly vehicles is expected to become an opportunity for aircraft gearbox market.

Gearbox is a part of transmission system placed along with shafts for changing rotational speed. In aircraft transmissions, gearbox is use for reducing or increasing the speed from one point to another. Gearbox is frequently used for military aircrafts, commercial aircrafts, helicopters, and business & general aviation among others. Some key players in aircraft gearbox are Safran, Liebherr Group, United Technologies, Rexnord Corporation, and Triumph Group among others.

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Aircraft Gearbox Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the global aircraft gearbox market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. Based on type, the aircraft gearbox market can be segmented into accessory gearbox, reduction gearbox, actuation gearbox, tail motor gearbox, auxiliary power unit (APU) gearbox and others. The segmentation by Application includes engine and airframe. The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, and the Middle East & Africa, with individual country-level analysis.

Aircraft Gearbox Market: Report Scope

The report on the aircraft gearbox market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

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List of the leading companies operating in the Aircraft Gearbox Market include:

  • Safran (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Liebherr Group
  • United Technologies
  • Rexnord Corporation
  • Triumph Group
  • PBS Group, a. s.
  • CEF Industries, LLC.
  • Northstar Aerospace
  • Other Key Companies

AIRCRAFT GEARBOX Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Aircraft Gearbox Market by Type

  • Accessory Gearbox
  • Reduction Gearbox
  • Actuation Gearbox
  • Tail Motor Gearbox
  • Auxiliary Power Unit (APU) Gearbox
  • Others

Aircraft Gearbox Market, by Application


  • Turboprop
  • Turboshaft
  • Turbofan
  • Turbojet
  • Ramjet


Aircraft Gearbox Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

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Key Questions answered by the report

  • What are the major developments impacting the aircraft gearbox market and its growth?
  • What will be the effects of the developments in the aircraft gearbox market on the industry and on the market players in the near and far future?
  • What are the evolving types of the aircraft gearbox market?
  • What are the evolving applications of aircraft gearbox market?
  • What are the major characteristics that will affect the aircraft gearbox market growth during the study period?
  • Who are the key players operating in the aircraft gearbox market?
  • How are the major players leveraging in the existing market conditions?

Table of Content

  6. AIRCRAFT GEARBOX MARKET BY TYPE, Market Size in USD Million and Units (2017–2024)
  7. AIRCRAFT GEARBOX MARKET BY APPLICATION, Market Size in USD Million and Units (2017–2024)
  8. AIRCRAFT GEARBOX MARKET BY END USER INDUSTRY, Market Size in USD Million and Units (2017–2024)
  9. AIRCRAFT GEARBOX MARKET BY REGION, Market Size in USD Million and Units (2017–2024)

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About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

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Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approach